Brighton-based Cloud9 Insight has declared its alternative to the four-day week to be a success after data showed both happy staff and clients.
Between July and September 2022, for just an extra half an hour worked every Monday to Thursday, employees were rewarded with every other Friday off – paid – and a dedicated day per fortnight to focus on Strategy, Innovation, Learning, Charity and Community. The company called these days ’SILCC days’.
Three months after it began the trial, Cloud9 Insight surveyed both employees and clients, finding both groups strongly approved of the scheme.
"We ran surveys both in April 2022, before the trial began, and again in September, to determine how both clients and staff responded," said Carlene Jackson, CEO.
"The results were powerful, with 92 per cent of employees agreeing they felt they had a good work-life balance, up from 88 per cent in April.
"Clients also responded positively, with survey data and individual feedback indicating no change in our standards following the shift to a nine-day fortnight.
"Meanwhile, our financial data shows the company continued to grow at the same rate both before and during the trial, while client satisfaction was maintained at 94 per cent or above each month."
The nine-day fortnight idea was created by Jackson who felt the joy of the ’four-day week’ could dissipate over time.
“People get used to perks very quickly, so they lose their power. However, having a five-day week followed by a four day one gives them something to compare it to,” explains Jackson.
“My team wanted to spend more time with their families and responded well to the idea of compressing their hours into a shorter week.
"But we were concerned this might lead to much longer days. So, we came up with what you might call a third way – the nine-day fortnight.”
Under this initiative, staff hours are increased by thirty minutes to eight hours per day. While everyone has a day off every other Friday. There is no change to pay, although the overall hours are reduced by three per fortnight.
“It’s proven effective and popular so far though we’ll keep reviewing. As an employer I am pleased to be helping my team gain a better work-life balance.”
Get the latest news
fsemedia.co.uk – an events, online news and information service for the UK’s mortgage industry. fsemedia.co.uk is published by Shard Financial Media Limited, registered in England & Wales as 5481132, 1-2 Paris Garden, London, SE1 8ND. All rights reserved. FSE Media is committed to diversity in the workplace. @ Copyright Shard Media Group