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Nirit Cohen – WorkFutures
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Jonathan Price – CRE & Flex Expert
Lamborghini’s recent agreement with unions to introduce a four-day work week for its production workers, as reported by Reuters, marks a first in Europe’s automotive industry and potentially paves the road for others to follow.
This move, hailed as “historical” by the FIOM and FIM-CISL unions, reduces working hours for employees without cutting wages. In fact, Lamborghini’s plan includes adding 500 new positions, raising yearly salaries, and other worker benefits — representing a thorough revamp of the company’s current employment structure.
The four-day workweek was an idea proposed during union strikes of major U.S. automotive manufacturers earlier this year. However, as the union negotiations continued, demands such as higher pay and reduced paths to top wages took priority.
Successful trials of a four-day week in countries including the U.K., South Africa, and Canada have demonstrated several key benefits. For one, the trials all suggest increased productivity within the shorter working period, improved job retention and recruitment, increased cost savings and reduced sickness levels.
It’s reported that under the new arrangement, Lamborghini’s production workers will alternate between a five-day and a four-day week — effectively reducing their annual working days. Lamborghini and other companies adopting a four-day work week could be the start of other influential companies adopting new schedules in 2024. As businesses seek to balance productivity with employee well-being and operational costs, novel work schedules like Lamborghini’s will likely become more common, reshaping the traditional workweek.
