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2022-01-11

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Japan’s Panasonic Joins Global Trend Toward Four-Day Week

(Bloomberg) -- Panasonic Corp. is introducing an optional four-day work week, one of a small but gro

Japan’s Panasonic Joins Global Trend Toward Four-Day Week

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Panasonic will also let employees work from home when their partners are transferred to other locations, he said.</p><p>Panasonic’s move is in line with actions by technology companies worldwide that are trying to attract talent in a tight job market by offering a shorter week. Amazon.com Inc. piloted a four-day week for select employees in 2018, and consumer-goods giant Unilever Plc in December 2020 started a yearlong trial of the shortened week for its New Zealand staff. Countries such as Ireland and Iceland are also trying it out.</p><p>In Japan, a group of lawmakers are discussing a proposal to grant employees a day off in addition to the two break days a week, to protect their well-being. But companies allowing four-day weeks are still a small minority: just over 8% of Japanese firms offered more than two guaranteed days off, according to a survey conducted in 2020 by the labor ministry.</p><p>That may be changing. Drug maker Shionogi &amp; Co., which is developing an oral Covid-19 treatment, will provide the option for three days off per week from April, according to a Nikkei newspaper report. 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Japan’s Panasonic Joins Global Trend Toward Four-Day Week

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