Hero boss gives entire company an extra day off every week – with no pay cut

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A boss has been praised after giving his employees an extra day off each week without deducting their wages.

Denis Moriarty, the founder of social enterprise Our Community, said he has noticed impressive results since trialling the four-day working week.

The Australian boss said his workers are "loving it" and believes they are happier since he enforced the changes in August.

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He confirmed there is "no way" his company would return to a five-day working week and said the shift has benefitted everyone.

It comes as the trial has gained traction with workplaces across the globe, with employers reporting higher satisfaction among staff.

The pilot scheme was launched by the not-for-profit community 4 Day Week Global.

Founder of the project Andrew Barnes says he has been the technique as the founder of New Zealand trustee company Perpetual Guardian since 2018.

Now, Mr Moriarty's company has been reaping the rewards of the scheme after following in Barnes' footsteps.

He told DailyMail Australia: "They're loving it. They've got their lives back.

"It's been good for the workplace, good for employees and the company."

The managing director said workers were using their newfound freedom to take up a new hobby or catch up with family.

"We will definitely proceed with four days after the six-month trial has ended," he added.

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"We wanted to be ahead of the pack.

"We were looking at the global research and we thought it was worth the risk."

The company is still giving staff the same wage despite cutting down their hours by a staggering 20 per cent.

Mr Moriarty says he doesn't agree with companies extending hours on a four day working week.

He added: "I don't think you should be calling it a four day work week if you cram more hours in those four days.

"Unions fought for an eight hour work day 172 years ago. Nothing has happened in the workplace in 172 years. Workplaces are killing people."

In a questionnaire by 4 Day Week Global, 88 per cent of firms out of the 41 that responded said they were 'extremely likely' or 'likely' to continue the scheme after the trial.

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