A bill to establish a pilot program to test a 32-hour workweek was recently introduced to the state of Maryland. The program seeks to incentivize businesses with a tax credit, while employee benefits and pay would remain unchanged.
Why it matters: CEOs are concerned about the gap in client support with a move to the 4-day work week. While the timing of the bill could be key for companies struggling to get employees back to the office.
- Three Maryland-based CEOs share mixed reactions to the bill.
- A potential loss of business in contrast to the tax credit is of concern for some CEOs