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Accounting firm launches nine-day fortnight for NZ staff

Author
Cameron Smith,
Publish Date
Tue, 16 Jan 2024, 1:28pm
Grant Thornton is trialling a nine-day fortnight for staff in New Zealand. Photo / 123rf
Grant Thornton is trialling a nine-day fortnight for staff in New Zealand. Photo / 123rf

Accounting firm launches nine-day fortnight for NZ staff

Author
Cameron Smith,
Publish Date
Tue, 16 Jan 2024, 1:28pm

Accounting firm Grant Thornton is trialling a nine-day fortnight for staff in New Zealand.

The trial, which launched on January 1, will see staff working for nine days but paid for 10.

It is believed to be a first for the professional services industry in New Zealand.

鈥淭his is the gift of time,鈥 said Russell Moore, national managing partner at Grant Thornton New Zealand.

鈥淥ur people will benefit from the extra time to pursue hobbies, catch up on personal admin, or to simply decompress and recharge.

鈥淚t also aligns with our progressive family workplace policies including flexible working and our industry-leading parental leave policy.鈥

Moore said he expects the nine-day fortnight to refresh the firm鈥檚 people, improve their wellbeing, and attract and retain the best talent.

鈥淲ith so many of the professional services鈥 workforce reporting burnout and its associated physical and mental health issues, it鈥檚 time for meaningful change within the industry,鈥 Moore said.

鈥淲e want to deliver the best possible outcomes for our people and our clients; in today鈥檚 climate this requires listening to people鈥檚 needs and taking some bold steps.鈥

In 2018, New Zealand-based businessman and founder of Perpetual Guardian Andrew Barnes made headlines when he introduced a four-day work week at the financial trust.

That experiment would later become company policy.

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