The success of Iceland's 'four-day week' trial has been greatly overstated
- Written by Anthony Veal, Adjunct Professor, Business School, University of Technology Sydney
It almost seems too good to be true: a major trial in Iceland shows that cutting the standard five-day week to four days for the same pay needn’t cost employers a cent (or, to be accurate, a krona).
Unfortunately it is too good to be true.
While even highly reputable media outlets such as the BBC have reported on the “overwhelming...