Grey’s New York headquarters have announced a new “reduced work week” option for its employees.
Employees’ who choose to opt in can work four day weeks in exchange for a 15 percent pay cut.
Grey says this will give “employees flexibility and more free time to help balance work and personal demands while it allows Grey to structure and operate in a more flexible, agile, and efficient manner as we reimagine our agency for the future.”
Grey already runs Flexplace (work from home) and Flextime schemes already.
A spokesperson said, “We think it’s a very positive work/life balance initiative.”