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4-day workweeks may be around the corner. A third of America’s companies are exploring them [Video]

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State Business and Economy News

Burnout is such a problem for workers that some bosses are considering shrinking the length of the workweek.Nearly one-third (30%) of large U.S. companies are exploring new work schedule shifts such as four-day or four-and-a-half-day workweeks, according to a KPMG survey of CEOs released this week.The findings show how some executives are searching for ways to attract and retain talent in a red hot job market where many employees feel over-worked and underpaid.“We are all working to figure out what is optimal, and we will continue to experiment and pivot,” Paul Knopp, chair and CEO of KPMG US, told CNN in an interview.Many workers say they would love a shorter work week.A full 77% of U.S. workers said a four-day, 40-hour workweek would have a positive impact on their wellbeing, according to a Gallup poll released in November. That includes 46% who said it would have an “extremely positive” effect.The …

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