Restructuring promoters of the four-day work week

LAWRENCE SMITH / STUFF

Andrew Barnes says the productivity is more important than hours worked.

A New Zealand company that has announced the success of its four-day trial is being restructured.

The company claims that productivity has increased by 20 percent while its staff only needs 80 percent normal working hours, and were more engaged and enthusiastic.

Perpetual Guardian CEO Andrew Barnes said productivity was the key determinant of wages, not hours – and that women should stop negotiating hours, but productivity. According to Ms. Barnes, the maternity leave is the same as that of a person who works five days a week

READ MORE: A four-day work trial is a bonus for working moms

He said studies showed that the longer people worked, the less productive they were

Barnes said that Complectus, which operates Perpetual Guardian, was undergoing more changes and some roles were changing.

"Our most recent change this year has been the creation of two new companies within the group that will specialize in improving investments and growth. "As a result, the company will create about 12-15 new roles in the group and remove six to ten existing roles." He said the restructuring has not been influenced by the impact of the week of four days.

"Absolutely not, the review of our business strategy and plans to establish Two new companies preceded the trial of the four-day week by a considerable period, and the lawsuit did not had no impact on these separate business developments.

"The creation of the investment and digital sales business is under way." The company's workforce is growing and will continue to grow as the company gets bigger and bigger. will develop. "

– Orders