Reduced Work Week and Compressed Work Week are a (relatively) new concept that some Annualised Hours Contract workplaces are doing
Reduced: You work 4 days of 7.5 hours, adding up to 30 hours weekly, you get paid the same as if you worked 5 days of 7.5 hours (37.5 hours)
Compressed: You work 4 days of 9.5 hours, adding up to 37.5 hours weekly, you get paid the same as if you worked 5 days of 7.5 hours (37.5 hours)
Ya it’s wild what a boon having an extra block of time to oneself is. Some friends are looking for new jobs and we were chatting, but i couldn’t figure out how much better the pay would have to be to get me back to 5 days a week if I tried to get a new job.