Revenue increased by almost 50% and profits almost tripled over the period while the quantity and quality of job applicants improved markedly.
Employees aren’t required to come in or do any work at home on Wednesday as long as they can keep on top of their workload across the four remaining days.
The company had tried flexible work arrangements before but ended up with an ad-hoc system where employees were out-of-office on different days. Changing everyone’s day off to Wednesday meant everyone was on the same page.
If you were told by your work to stop coming in so much, you might suspect you were getting the sack.
But that’s exactly what happened more than a year ago at Australian digital marketing company Versa when it instructed employees to stop working on Wednesdays. The news, however, was met with fanfare rather than fear.
