Less Work Equals Same Productivity?

Interesting story related by computer company manager:

So we went down to a thirty-two-hour-a-week schedule for everyone furing a down time. We took everybody’s hours and salary down - executives too.

But [the company] discovered two surprises.

First, productivity did not decline. I swear to God we get as much out of them at thirty-two hours as we did at forty. So it’s not a bad business decision. But second, when economic conditions improved, we offered them one hundred percent time again. No one wanted to go back!

Never in our wildest dreams would our managers have designed a four-day week. But it’s endured at the insistence of our employees.

Now, if you could just figure out a way to get your clients on board and let you charge them for that phantom day each week.