Nike announces that it will implement a four-day working week!

According to Orange Interactive on October 20th, Nike Greater China recently released an internal letter announcing the launch of a new hybrid working mode.In the new mode, I work in the company four days a week from Monday to Thursday. The new working mode will be officially implemented on January 8, 2024The scope is limited to office employees only.

Internal letter released by Nike Greater China

Since the beginning of this year, several companies have announced the implementation of a four day working day system.

On June 2nd, "Zhang Xuefeng Company will implement a four day break and three days off" on the hot search, attracting attention. According to Elephant News, on May 31st, in Suzhou, Jiangsu, Zhang Xuefeng's company held a meeting and announced that it would implement the policy of taking one day off on the first two days, two days off on the first two days, and Wednesday off, with no change in salary and benefits.

Zhang Xuefeng Company Will Implement "Four Weeks Off and Three Weeks Off" on Hot Search

According to the video, Zhang Xuefeng stated at the staff meeting, "On the previous two days, there was one day off, on the previous two days, there was two days off, and on Wednesday, there was a break. Those who had work on Wednesday still had to come, but it was not mandatory to clock in." After finishing, there was a burst of applause at the scene.

That night, Zhang Xuefeng responded in an official Weibo post that the benefits were only a part of the plan, and the company still had winter and summer vacations. According to Red Star News, on June 3rd, the staff of Fengxue Weilai responded to reporters,Taking four days off and three days off is a compensation for the busy college entrance examination season, and the salary will not change as a result. The company also has winter and summer vacations, and taking three days off from work is not a short-term adjustment, but will be implemented in the long term.

On January 3rd of this year, LeTV Video sent a letter to all employees stating that the company will implement a four-day and a half day working week, specifically a flexible half day working week on Wednesdays. The attendance time will be adjusted to a continuous 5-hour period, such as 10am to 3pm and 11am to 4pm, which are all in compliance with regulations.

In this letter, the benefits of a four and a half day work week were mentioned, including facilitating timely medical treatment for employees and their families, alleviating "Monday work anxiety", facilitating employees' learning and improvement of professional skills, and enhancing family happiness.

According to the latest data from the National Bureau of Statistics, in September,The average weekly working hours of enterprise employees nationwide are 48.8 hours. Calculated based on an 8-hour working day, the average weekly workload for migrant workers nationwide in September is 6.1 days.

As of the time of publication, Nike (NKE)'s stock price was $102.91, down 0.14%, with a market value of $156.62 billion. From June 1 to August 31, 2023, Nike received $12.94 billion, an increase of 1.99% year-on-year; The net profit was 1.45 billion US dollars, a year-on-year decrease of 1.23%.

Nike (NKE) stock price

Daily Economic News Comprehensive from Orange City Interactive, Elephant News, and Public Information