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Atom Bank boss: How a four-day week pushed up profit and lowered staff absence

CEO Mark Mullen: 'We have seen a reduction in recruitment costs, a fall in unwanted staff attrition, lower absences due to sickness and higher employee engagement'

Mark Mullen, CEO of Atom Bank said the positive findings at Atom Bank, said this result may not be 'easy for executives at older companies to hear'

By
Alex Daniel

In the wake of the Covid-19 pandemic, Atom Bank chief executive Mark Mullen decided his workforce needed re-energising.

So he switched his 470-employee-strong workforce to a four-day week – a move that has made the UK challenger bank’s staff more productive and happier overall, he wrote in The Washington Post.

Mullen, who was head of marketing...