Business Breakfast - The 4 Day Week
Join us for breakfast with Andrew Barnes, founder of Complectus Limited, Perpetual Guardian and Coulthard Barnes and hear him explain the outcomes of his four day working week trial.
Andrew conducted an experiment in his own business, the New Zealand trust company Perpetual Guardian, and asked his staff to design a four-day week that would permit them to meet their existing productivity requirements on the same salary but with a 20% cut in work hours. Hear him explain the outcomes of this trial, which no business leader had previously attempted on these terms. People were happier and healthier, more engaged in their personal lives, and more focused and productive in the office.
Andrew Barnes - Founder of Complectus Limited, Perpetual Guardian and Coulthard Barnes.
Innovator, entrepreneur and philanthropist Andrew Barnes has made a career of market-changing innovation and industry digitisation. Most recently, in New Zealand, Andrew triggered a revolution of the entire fiduciary and legal services industries, and the transformation he has led as the founder of Perpetual Guardian has positive implications both locally and globally (as evidenced by his announcement of the four-day week, which made headlines around the world).
The result has seen him establish 4 Day Week Global and the 4 Day Week Global Foundation with his partner, Charlotte Lockhart. Their vision for this is to provide a community environment for companies, researchers/academics and interested parties to be able to connect and advance this idea as part of the future of work. Through this work he is on the board of the newly created Wellbeing Research Centre at Oxford University.
Andrew is a director of Complectus Limited, the company encompassing Perpetual Guardian and several other trustee businesses, is the director of Coulthard Barnes, chair of both the Regional Facilities Auckland board and the publicly listed New Zealand payroll provider, PaySauce. PaySauce recently launched a new draw-down service to give employees interest-free access to money they have already earned as soon as they earn it aimed at preventing people having to resort to pay day lenders (which charge up to 700% interest).
Earlier in his career, Andrew identified the opportunity for the evolution of real estate in Australia and was chairman of realestate.com.au at the time of its IPO on the ASX. Later, he becameCEO of Bestinvest, a US$5.7billion, UK-based investment management and advisory company, leading the sale to private capital in 2007. He was managing director of Australian Wealth Management Limited, a major Australian wealth management and trustee business that he led to IPO in 2005. Andrew holds an MA from Selwyn College, Cambridge and an ACIB (UK), and has attended the Program for Management Development at Harvard Business School.
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