Shake Shack to try 4-day workweek at Vegas location

Shake Shack to try 4-day workweek at Vegas locationShake Shack to try 4-day workweek at Vegas locationIts a win for the four-day work week milkshake and burger joint Shake Shack will experiment with a four-day workweek at some of its Las Vegas locations.The move is part of a battle to increase manager retention, CEO Randy Garutti said duringthe JPMorgan investment conference last Thursday, according to HR Dive. It has never been harder to find great people to lead restaurants, Garutti said.Follow Ladders on FlipboardFollow Ladders magazines on Flipboard covering Happiness, Productivity, Job Satisfaction, Neuroscience, and moreShake Shack is pulling out all the stops to get managers to stay, introducing an equity program for general managers giving them a stake in the company. There are also equity awards of $10,000 to each general manager, as was saidduring a February earnings call.Shake Shack joins other three- to four-day workweek restaurants such as Michelin-starred Norwegian rest aurant Maaemo, 21212 in Edinburg, Scotland, and Alabama locations of the chain Aloha Hospitality. Economists have also argued that there are numerous benefits of this condensed work week.The restaurant business is currently in a bind over the need toattract and keep employees in a tight labor market in an industry with high turnover more than 70% for the second year in a row, according to the Bureau for Labor Statistics.You might also enjoyNew neuroscience reveals 4 rituals that will make you happyStrangers know your social class in the first seven words you say, study finds10 lessons from Benjamin Franklins daily schedule that will double your productivityThe worst mistakes you can make in an interview, according to 12 CEOs10 habits of mentally strong people