diff --git a/src/task/mod.rs b/src/task/mod.rs
index 1f172c1..578a545 100644
--- a/src/task/mod.rs
+++ b/src/task/mod.rs
@@ -49,6 +49,13 @@ mod worker;
 
 pub(crate) mod blocking;
 
+cfg_if::cfg_if! {
+    if #[cfg(any(feature = "unstable", feature = "docs"))] {
+        mod yield_now;
+        pub use yield_now::yield_now;
+    }
+}
+
 /// Spawns a blocking task.
 ///
 /// The task will be spawned onto a thread pool specifically dedicated to blocking tasks. This
diff --git a/src/task/yield_now.rs b/src/task/yield_now.rs
new file mode 100644
index 0000000..6f59638
--- /dev/null
+++ b/src/task/yield_now.rs
@@ -0,0 +1,53 @@
+use crate::future::Future;
+use crate::task::{Context, Poll};
+
+use std::pin::Pin;
+
+/// Cooperatively gives up a timeslice to the task scheduler.
+///
+/// Calling this function will move the currently executing future to the back
+/// of the execution queue, making room for other futures to execute. This is
+/// especially useful after running CPU-intensive operations inside a future.
+///
+/// See also [`task::spawn_blocking`].
+///
+/// [`task::spawn_blocking`]: fn.spawn_blocking.html
+///
+/// # Examples
+///
+/// Basic usage:
+///
+/// ```
+/// # fn main() { async_std::task::block_on(async {
+/// #
+/// use async_std::task;
+///
+/// task::yield_now().await;
+/// #
+/// # }) }
+/// ```
+#[cfg(any(feature = "unstable", feature = "docs"))]
+#[cfg_attr(feature = "docs", doc(cfg(unstable)))]
+#[inline]
+pub async fn yield_now() {
+    YieldNow(false).await
+}
+
+struct YieldNow(bool);
+
+impl Future for YieldNow {
+    type Output = ();
+
+    // The futures executor is implemented as a FIFO queue, so all this future
+    // does is re-schedule the future back to the end of the queue, giving room
+    // for other futures to progress.
+    fn poll(mut self: Pin<&mut Self>, cx: &mut Context<'_>) -> Poll<Self::Output> {
+        if !self.0 {
+            self.0 = true;
+            cx.waker().wake_by_ref();
+            Poll::Pending
+        } else {
+            Poll::Ready(())
+        }
+    }
+}