ThredUp’s CEO has a warning for five-day companies: You’re going to lose the talent war
ThredUp’s CEO has a warning for five-day companies: You’re going to lose the talent war
Finding the perfect pair of jeans requires patience and a willingness to try things that don’t always fit. ThredUp has built an entire business around that idea, giving people a second shot at finding what works, and a guilt-free way to let go of what doesn’t.
And like a good pair of jeans, the same logic applies to making sure your employees are a good fit and are handled with care. That’s what James Reinhart thought when running the beloved secondhand resale company. When he saw what happened after he gave his employees a four-day work week—satisfaction, retention, and creativity all skyrocketed—he didn’t overthink it. A good fit makes the jeans worth hanging onto.
“It was a top-level decision,” the ThredUp co-founder and CEO said while making the case at Fortune’s Workplace Innovation Summit in Atlanta on Tuesday, speaking on a panel titled “Burnout Is Breaking Work” moderated by Fortune’s Indrani Sen. “We’re not going back.” And that’s why, Reinhart argues, his company will have a leading edge in attracting top talent while other companies still require a five-day workweek.
Reinhart introduced the four-day workweek during the pandemic after noticing that when employees had full........
