A long-running trial of a shorter working week in Iceland has been hailed an “overwhelming success,” as the vast majority of the country’s workers have since secured contracts to shorten their hours.

A report analyzing the impact of the trial found that by June 2021 some 170,200 union members from Iceland’s working population of 196,700 were now covered by shorter working hour contracts.

This means that 86% of workers were now either on shorter hour contracts or had “new mechanisms made available to them through which they can negotiate shorter hours in their workplace,” according the report, published Sunday by think tank Autonomy and research organization Association for Sustainability and Democracy (Alda) in Iceland.

Iceland ran two large-scale trials between 2015-19, cutting working weeks to between 35 and 36 hours from a 40 hour-week for many, with no reduction in pay. The trials, which eventually included 2,500 workers, were initiated by the council in the Icelandic capital of Reykjavik and the country’s national government.... Read More: CNBC