Olá and welcome to your digest,
I hope you are enjoying the start of fall season
The COVID-19 pandemic disrupted labor markets globally during the last 2 years. Pandemic accelerated existing trends, mainly in remote work, e-commerce, and automation. Before COVID-19, the largest disruptions to work involved new technologies. COVID-19 has, for the first time, elevated the importance of the physical dimension of work. A compressed work schedule is emerging as new trend in this post pandemic (I hope) era. Fintech startup unicorn Bolt is closing on Fridays for three months (Customer-facing teams are the exception). If it makes workers more productive and happier, it will make the policy permanent. Other companies that have experimented with 4 days workweeks have found that it actually increases productivity, even as employees work fewer hours. Unsurprisingly, job satisfaction also tends to increase, and stress levels decline. In Japan, where Microsoft piloted a 4 day week, saw productivity increase by 40%, the government is now beginning to push companies to adopt the policy. Iceland has made recent headlines by declaring the world’s largest ever trial of a shorter working week in the public sector a resounding success.
Seems that companies aren’t losing out on their bottom line, and they have happier, healthier and better workers.
The modern weekend is only about a century old. This new experiments can create new standards like a 3 day weekend. We’re all creatures of habit and we are used to 5 day workweek as the norm; the challenge is get this “conscious” business culture" as Bolt call it, working just right.
Week highlights go to:
👉 João Vasconcelos Award - Entrepreneur of the Year 2021 selected this Thursday
👉 From Start-to-Table closing soon
👉 OVHcloud Pitch Contest deadline next Thusrday
👉 Farfecth Valley project was presented
👉 Web Summit open developers tickets
EUREKA InvestHorizon has 100 FREE spaces for startups at the Singapore Week of Innovation and TeCHnology (SWITCH). To learn more about it, I invite you to attend Eureka webinar on Oct 7 (@ ‘Plan Your Week’).
Don’t forget to give a look at the ‘Local & International Deadlines’ section to be sure to catch all the right opportunities for your startup.
Please let me know if you have events to suggest or a deadline to announce.
Enjoy the reading and the events for this week and beyond & go do great stuff!!