The Chartered Institute of Public Finance and Accountancy (CIPFA) has launched a nine-month trial of a four-day week as it attempts to compete for talent.

CIPFA has traditionally struggled to offer salaries higher than the average salary for similar jobs.

An email by CIPFA's company secretary and chief of staff Nicola Hannam, seen by The MJ, read: ‘Implementing a four-day week is a progressive, modern and positive change to improve work/life balance for our employees and ensure CIPFA is an attractive place to work.

‘During the trial management will be regularly reviewing the impacts on the business and also monitoring the effects on employees.'

Salaries will be unchanged.