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Quote of the Week
“Believe you can and you’re halfway there.” — Theodore Roosevelt
Published on July 13, 2021
An educator, speaker, consultant, founder, investor, and squash and soccer enthusiast. Glen is the co-founder of the WorkSchool.
Iceland tested a 4-day workweek. Employees were productive — and happier, researchers say
Several large-scale trials of a four-day work week in Iceland were an “overwhelming success,” with many workers shifting to shorter hours without affecting their productivity, and in some cases improving it.
A study conducted in June shows that 86% of Iceland’s working population were currently, or on the path to, working four-day workweeks with no reduction in pay.
The stat comes from a recent study that tracked 2,500 employees whose workweek was shortened to 35–36 hours over five years. Researchers found that a four-day week with the same pay improved workers’ well-being and productivity.
The trials were conducted between 2015 and 2019, initiated by the Reykjavik City Council and the Icelandic national government in response to demands from trade unions and civil society organizations for shorter workweeks.
“This study shows that the world’s largest ever trial of a shorter working week in the public sector was by all measures an overwhelming success,” Will Stronge, director of research at the think tank Autonomy, said in a statement to The Washington Post, adding that the program serves as a “landmark pilot” that provides a “precedent for other public authorities.”
Big picture: The explosion of remote work during the pandemic has led to a rethinking of work-life balance, and more countries and even some companies in the USA are experimenting with a shorter workweek.
Bottom line: Experts said the “overwhelming success” of the trial in Iceland is a signal that a four-day workweek could gain traction far from the Arctic Circle.
TOP 5 COURSES ON WORKSCHOOL THIS WEEK
Most people want to take courses to elevate their career, but they don't know where to start. Taking courses gives you the opportunity to improve yourself and change your condition. Are you looking for the best career learning path? We got you.
WorkSchool is here to help you. In this article we have compiled the top five courses on our website this week.
Top 5 courses on WorkSchool:
Why these courses: Getting a technical skill and a soft skill is the best thing you can do for your career, at this point. These courses will introduce you to the tech world. There are endless possibilities in tech, and taking any of these courses will put you on the right path.
Duration: You can complete the courses and earn your certificate within 2hours.
Big picture: There is no sector in the world where technical skills are not needed. An average computer programmer makes over $50,000usd. You can be among the few people transforming their lives with tech. Transitioning to tech is made easy with WorkSchool.
What's Next for Jeff Bezos?
Jeff Bezos is no longer the CEO of Amazon, the company he founded as an online book retailer in Seattle in 1994.
The business took to new heights, slowly and steadily. Bezos expanded its business in the fields of e-commerce, artificial intelligence, cloud computing (now known as AWS), and digital streaming among many others.
A report by news agency AFP reveals that Amazon, which is often regarded as the most valuable brand on earth, now has a market value of over $1.7 trillion.
Here what's Bezos has decided to do after stepping down as CEO:
In 2018, he himself donated $2 bn, in a bid to help homeless people and improve education for children in low-income families.
Bezos Earth Fund: A $10 bn initiative to support scientists, and working to tackle the climate crisis.
“Climate change is the biggest threat to our planet. I want to work alongside others both to amplify known ways and to explore new ways of fighting the devastating impact of climate change on this planet we all share. This global initiative will fund scientists, activists, NGOs – any effort that offers a real possibility to help preserve and protect the natural world. We can save Earth. It’s going to take collective action from big companies, small companies, nation states, global organisations, and individuals. Earth is the one thing we all have in common – let’s protect it, together”, Bezos said in a statement to Washington Post.
The Washington Post: Bezos bought the Washington Post, a daily newspaper, in 2013 for $250m. After his appointment, reporters and editors had feared that the billionaire would interfere with editorial decision-making. However, now they say that the billionaire has never made any editorial decision but has only focused on the technology side of the business.
Blue Origin: Bezos' space company, will be manufacturing space products at cheaper rates with reusable launch vehicles.
The company is also auctioning a seat for the 20 July flight, which will host an 11-minute trip to space that will reach an altitude of about 100 km.
The company plans to carry paying customers on a four-day space experience, including three days of pre-flight training at the company’s launch site near Van Horn, Texas.
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Rhodes Global Scholarships 2021 for Postgraduate Study at University of Oxford (Fully Funded)
Applications for Rhodes Scholarship are currently open. Rhodes Scholarship 2022 is a fully funded scholarship for international students. This scholarship provides a living stipend (£15,144 per annum), all University and College fees and the University application fee.
The Rhodes Scholarship is offered to international students who intend to undertake postgraduate studies at University of Oxford UK for academic year 2021-2022. Rhodes Scholarship provides the recipient with a living stipend (£15,144 per annum), all University and College fees and the University application fee. A class of 100 Scholars is selected each year from over 60 countries around the world.
Click here to apply.
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