Following a trial period that lasted several months, Spain's leading telecommunications operator Telefónica is to extend the opportunity to work four days per week. The so-called "jornada semanal flexible bonificada" (flexible working week with bonus) will be open to the group's 18,000 employees in Spain. Under the terms and conditions negotiated with employee representatives, the transition to a four-day week will always be voluntary. Employees that take up the option will see their wages cut proportionately, however the company has committed to repay 20% of the sum deducted.
From 37.5 to 32 hours per week. With this move, Telefónica becomes the first major Spanish company to adopt the four-day week, which has been the subject of much debate since last year with the launch of a pilot programme in the Valencia region (see article n°12745), which offers companies temporary compensation for increased hourly costs. At Telefónica, the “jornada semanal flexible bonificada” will allow employees that make a request to shift from the usual 37.5 hours a week to 32 hours, cons
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