The boss of UK digital bank Atom has said that implementing a four-day week has been “considerably less challenging” than navigating the rise of remote working, as the business posted its first annual pre-tax profit.
The bank, which in 2021 introduced a four-day 34-hour working week for all employees without cutting pay, had since experienced lower staff attrition and sickness, said chief executive Mark Mullen.
“Planning and implementing our four-day week initiative has been considerably less challenging than navigating post pandemic, flexible working,” he said. Atom’s working from home policy offers complete flexibility with no mandatory days in the office.
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