Turkey Meets Four-Day Work Week With Aksa's Landmark Decision [BNN Bloomberg (Canada)]
DEUTSCHE TELEKOM AG S/ADR (DTEGY)
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Source: BNN Bloomberg
became the nation's first to adapt the change for good — without altering employees' salaries or benefits. Aksa Akrilik Kimya Sanayii AS tested the shorter work week in an effort to boost operational efficiency and promote work-life balance. Located in Yalova, just outside of Turkey's commercial hub of Istanbul, the company has a workforce of 1,200 people, including blue-collar workers. Laborers, who are compensated on an hourly basis and receive overtime pay, aren't included in shorter work week. In a written response to questions from Bloomberg, Cengiz Tas, CEO of Aksa Akrilik, stated that the four-day work week received strong support from employees, fostering increased collaboration and team spirit within the company. The participation rate in the practice of working four days a week reached 94%. Aksa is the first major company in Turkey to run these trials, but other groups have been experimenting with them across the globe in recent years. Billionaire Steve Cohen last week
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