Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Business

Tokyo government to introduce four-day workweek for its employees

by December 10, 2024
December 10, 2024
Tokyo government to introduce four-day workweek for its employees

The Tokyo government plans to introduce a four-day workweek for its employees in an attempt to support young families and boost record-low fertility rates nationwide.

Tokyo Governor Yuriko Koike announced that starting in April, employees of the metropolitan government will have the option to take three days off each week.

“We will review work styles … with flexibility, ensuring no one has to give up their career due to life events such as childbirth or child care,” she said in a policy speech at the Tokyo Metropolitan Assembly’s fourth regular session.

The new policy is designed to encourage Japanese couples to have children at a time when the country’s fertility rate is at a record low. Last year, it dipped to a mere 1.2 children expected per woman during her lifetime, even with the government’s increased efforts to motivate young people to start families, according to the Ministry of Health, Labor and Welfare. That number should be at least 2.1 for a population to remain stable.

Koike announced an additional policy allowing parents with children in elementary schools to trade off a bit of their salaries for the option to clock out early.

“Now is the time for Tokyo to take the initiative to protect and enhance the lives, livelihoods and economy of our people during these challenging times for the nation,” she said.

Only 727,277 births were recorded in Japan last year, according to the Health, Labor and Welfare Ministry. That may be in part because of Japan’s overtime work culture, which often pressures women to choose between having careers or families. The gender gap in the country’s labor force participation is higher than in other high-income nations, at 55% for women and 72% for men last year, according to the World Bank.

However, implementing a four-day workweek may provide government employees with more time to dedicate to raising their families.

In a 2022 series of global trials coordinated by 4 Day Week Global, a nonprofit organization, various companies took part in a four-day workweek pilot program.

More than 9 out of 10 employees who participated in the trials wanted to continue with the four-day workweek. They reported that it gave them improved physical and mental health and work-life balance and increased general life satisfaction. Measures of their stress, burnout, fatigue and work-family conflict all declined. Those participants rated their experience 9.1 out of 10.

Another Asian country put a shortened work week to the test this year.

Singapore introduced new guidelines requiring all firms to consider employee requests for flexible working arrangements, including four-day workweeks or staggered hours.

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Israel bombs Syria and seizes territory as Netanyahu pledges to change ‘the face’ of the Middle East
next post
Trump’s Defense pick goes on offense as support grows for Hegseth confirmation

You may also like

McDonald’s announces plan to hire 375,000 employees this...

May 14, 2025

Why Ford believes its $1.9 billion shift in...

August 24, 2024

Boeing starts furloughing tens of thousands of employees...

September 19, 2024

McDonald’s to close three CosMc’s locations — and...

January 12, 2025

McDonald’s Snack Wrap is officially returning. Here’s when.

June 4, 2025

Dollar General CEO warns consumers are cash-strapped and...

March 14, 2025

A ‘man-made disaster’ could make it trickier to...

August 26, 2024

Anne Wojcicki to buy back 23andMe and its...

June 16, 2025

Trump-Bezos call sets stage for tense earnings report...

May 1, 2025

U.S. airlines cool hiring after adding 194,000 employees...

September 9, 2024

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Trump hits back at reporter who said he’s taken ‘no action’ against Russia

      September 3, 2025
    • Amazon cracks down on Prime free shipping sharing

      September 3, 2025
    • Epstein victims press lawmakers to support bill to release hidden files, say Americans will be ‘appalled’

      September 3, 2025
    • Rashida Tlaib hit with House censure threat, accused of ‘celebrating terrorism’ in pro-Palestinian speech

      September 3, 2025
    • Xi Jinping hails ‘unstoppable’ China as Trump accuses Beijing of conspiring against US

      September 3, 2025
    • Trump welcomes Polish president with flyover tribute to fallen fighter pilot

      September 3, 2025

    Categories

    • Business (790)
    • Investing (661)
    • Politics (5,435)
    • World News (3,213)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 WhaleLargeCapital.com | All Rights Reserved