Edison Group, the fast-growing Irvine-headquartered construction property and investment business, has become a convert to the principle of the four-day working week for all employees.
The new regime, which will guarantee all sixty Edison Group employees three days off each week: either Friday, Saturday and Sunday, or Saturday, Sunday and Monday, while maintaining existing salary levels, will be introduced over the coming months.
And already, Edison Group subsidiary, Glasgow-based construction, project management, interior fit-out and property maintenance business GDC Design, which it acquired late last year, has been successfully trialling the four day week approach.
Chief executive, Calum Melville, said: "Our 22 colleagues at GDC recently completed a significant public sector project in west central Scotland on time, and on budget by hitting every milestone, working a four-day week.
"All stakeholders, including our clients, benefit from this approach. The cost of living crisis is making things hard enough for most people already, so reducing the working week by a day results in a range of benefits, most importantly reduced stress, which in turn leads to improved mental health, a better work-life balance and enhanced quality of family life.
"In addition, from 1 April this year and as part of our aim to be an 'employer of choice', all of our colleague will be provided with access to private healthcare."
Mr Melville added: "I'm not really conscious of being a pioneer of the four-day working week within the Scottish construction industry. We think it is right for us and we will always plough our own furrow. Whether any of our competitors follow suit is entirely a matter for them."
Edison Group recently opened its new offices in High Street, Irvine and has been highly active in growing and acquiring complementary businesses in the construction and property sector.
"We remain firmly in the market to acquire businesses that are complementary to our group activities and are projecting sales of £20 million on a rolling 12-month basis by the end of 2023, driven both by further, already-planned strategic acquisitions and organic growth.
"We are investing substantial sums to build an infrastructure and platform to drive growth over the next few years with an expanded offering which includes construction, project management, architectural services, bespoke joinery, furniture manufacture, interior design, interior fit out, all trades, driveways, landscaping, property maintenance and refurbishment", said Mr Melville.
Time and date
CONSTRUCTION DIRECTORY
Latest Construction News
15/11/2024
A major milestone has been reached in the UK's transition to a greener energy future. Ofgem has approved the Eastern Green Link 1 project, a £2.5 billion investment that will see the installation of a 196km subsea electricity cable between Scotland and England. The project, a joint venture between ...
15/11/2024
Falkirk Council has secured a £100 million Growth Deal that is expected to create 1,660 jobs and generate £628 million in economic benefits for the area. The Deal, signed by the UK and Scottish Governments, will fund 11 projects, including: • A Carbon Dioxide Utilisation Centre • A Bioeconomy ...
15/11/2024
The Scottish Plant Owners Association (SPOA) has raised concerns that the measures announced in the Autumn Budget could lead to the demise of the plant hire industry in Scotland. The association argues that the increased tax burden and other economic pressures will have a significant negative ...
15/11/2024
Maxi Construction has been awarded a £1.6 million contract by The City of Edinburgh Council to replace the Reinforced Autoclaved Aerated Concrete (RAAC) roof at Pentland Primary School. The phased project will involve the removal of existing roof coverings and ceilings, the replacement of RAAC ...
15/11/2024
Clark Contracts has been awarded a contract to retrofit Scotland's National Retrofit Centre at BE-ST's Innovation Campus. The project aims to transform the building into a living laboratory, showcasing best practices in non-domestic retrofit. The ambitious project will involve a range of ...
15/11/2024
The Scottish Government has announced plans to bypass the villages of Springholm and Crocketford on the A75, a key route linking Scotland to Ireland. Jacobs UK Ltd has been awarded a contract to undertake initial design and assessment work for the bypass. The project is funded by the UK ...
15/11/2024
Dundee City Council has secured a £693,383 grant from the Scottish Government's Recycling Improvement Fund to upgrade its recycling facilities at Baldovie and Riverside. The funding will be used to purchase new waste management equipment, such as roll packers and compactors, to improve efficiency ...
15/11/2024
Homes for Good and Glasgow Credit Union have formed a partnership to address housing inequality in Glasgow and neighbouring areas. Glasgow Credit Union has provided a £2.4 million loan to Homes for Good, which will be used to purchase up to 35 homes for low-income individuals and families. The ...
15/11/2024
The historic Troon station has reopened following a £5m restoration project. The station was extensively damaged by a fire in 2021. Network Rail, in partnership with AmcoGiffen and CPMS, undertook the rebuild, which included the restoration of the station's iconic façade while incorporating modern ...
15/11/2024
BEAR Scotland, on behalf of Transport Scotland, is undertaking emergency works on the A828 between Ledaig and Benderloch to address a safety concern related to a deteriorating rock face. Recent monitoring has identified a fractured rock mass 60 metres above the road, requiring urgent attention. To ...