Flexibility is now one of, if not the most, important consideration for most professionals we speak to when looking for their next career challenge. 

Therefore, the proposed rule changes around 4 day working weeks in the UK, as highlighted in this article, are very interesting indeed. In fact, they could be revolutionary for work as we know it!

Currently, employees in the UK have the right to request flexible working, but employers aren’t legally obliged to agree. However, that could be set to change with new planned laws which would mean all employers must offer employees the option of flexible 4 day working from day one of employment, except where it is “not reasonably feasible” (What this latter stipulation means, time will tell!)

It's a topic I've heard many people discussing recently and in most cases, positively.

The 4 day week has already been trialled and fully implemented in other countries, such as Belgium, Australia, Denmark etc and in 2023, a trial of over 60 companies in the UK, found approx. 90% of participating companies were positive post-trial and chose to keep the 4 day working arrangements permanently. 

It's a topic close to home too. Here at Hyperion we offer the 4 day flexibility for some of our team members who have requested it, for example those with young children who might be navigating childcare availability and costs. Now in our case it's made easier given we're a Services business and ultimately quality output is the main measure for us. There's no “clock in, clock out” culture - ultimately, if your working pattern means you're delivering against your objectives and aligning with our values, then great!

Some of the positive impacts reported by those who have implemented the 4 day week include:

• Boosts in productivity - Many companies found that output improved after introducing 4 day weeks. With reduced hours, employees were more focused and efficient, so they could enjoy the benefits of the extra day off
• Improved engagement - Better work-life balance made people feel happier and more engaged during their working days. This can really boost team harmony and ultimately performance
• Reduced burnout - according to this BBC article, 71% of the 2023 UK trial reported reductions in levels of burnout
• Hiring benefits - With flexibility being a key driver for many job seekers, offering this arrangement can give companies an edge over competition when attracting top talent

Of course, it's not that easy for all industries and even in sectors where it is more practical, it will take some adjustment for many company leaders (it's been difficult enough to convince some leaders to allow working from home flexibility, never mind 4 day working!). As we know, typically people don't like change!

If you're a business leader faced with the prospect of these new rules, there are some important things to keep in mind:

• Not everyone will want this. Don't assume this needs to be a blanket rule. Some people like and work better in the routine and pace of a 5 day week and therefore may not adjust to a reduced week. 
• Be smart with how this is implemented. It's no use having half your team off on the same day, if you have round-the-clock business. Think about how this can be staggered or on a rotation for your team members
• There should be no concessions when it comes to meeting objectives. This is an employee choice and accountability should come with this flexibility.
• Be careful not to inadvertently create an unhealthy intense, high-pressure work environment by compressing the same workload into four days. Be mindful your employees could end up overwhelmed and not perform at their best or in more severe cases this could impact physical and mental health.
• Less time for critical thinking and reflection. Some of the best business ideas spawn from “free time” where your team can reflect and focus on new solutions. This condensed workload may eliminate those windows of opportunity for creativity and strategizing. 
• You may see top performers crash. In many businesses, productivity is already super high, with fast pace and constant deadlines (those running start-ups know exactly what I mean) so reducing workdays may seem like a benefit, but in fact it might add a new layer of pressure. Instead of taking the extra day to work on themselves, recharge the batteries, or be with their families, employees could instead end up logging into work to catch up on tasks they couldn’t complete during the 4 days, which ultimately defeats the point!

Ultimately, whether this concept works can come down to how it's implemented by the business leaders - particularly how you balance being accommodating of employee's expectations and the needs and expectations of the business. In any successful work model, whether its 4 days, 5 days, or whatever else, the focus should be on the quality of work and the wellbeing of employees. Don't treat them like cogs in a machine!

How do you anticipate the new 4 day working week rule changes affecting your business?

Hyperion supports cleantech and climatetech clients across Europe, to hire top senior and executive leadership talent. If you're looking for support in growing your business, contact me at david.beeston@hyperionsearch.com

Show me the money!

Those of a certain age will remember the famous Jerry Maguire line. I often think of this when discussing the merits of renewables and energy storage with clients. Often clients tell me that one of the core challenges is convincing financers or those outside the industry, on the merits of “going green”. Rolling out technology specs and a bunch of acronyms sometimes doesn't cut it. Sometimes you need to break it down to simple financial terms… Show me the money!

This excellent analysis by Ember highlights the HUGE monetary benefits we could see by ramping up our BESS deployments. Focused on the EU, but applicable globally, the impact BESS can have on not only reducing curtailment costs but also alleviating the reliance on expensive gas generation, is enormous.

Quite simply, who can argue against potentially €9 billion per year in reduced costs?!

Hyperion Search supports Energy Storage and Grid clients to recruit senior and executive leadership talent, who can help their companies to grow significantly. If you're a leader of a Energy Storage & Grid company looking to expand or transform your leadership team, contact me at david.beeston@hyperionsearch.com to discuss how we can support you.