Did you vote in our recent poll? 📊 Our recent poll gathered opinions on whether Greece's introduction of a six-day working week could boost productivity and economic growth. This new legislation came into effect on 1st July, which allows private sector employees in round-the-clock services to work up to 48 hours a week. Of over 950 voters a strong majority (80%) believe a six-day work week will lead to high levels of burnout whereas only 6% of voters said it will significantly boost productivity and economic growth. Do you agree with the votes? #Greece #workweek #productivity #laborlaws #economicgrowth
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𝗛𝗲𝘆, 𝗚𝗲𝗿𝗺𝗮𝗻𝘆, 𝗛𝗼𝘄 𝗬𝗼𝘂 𝗗𝗼𝗶𝗻'? 😉 😉 😍 𝑨𝒏𝒐𝒕𝒉𝒆𝒓 4-𝒅𝒂𝒚 𝒘𝒐𝒓𝒌 𝒕𝒓𝒊𝒂𝒍... 𝑻𝒉𝒆 𝒄𝒉𝒂𝒏𝒈𝒆 𝒄𝒂𝒏𝒏𝒐𝒕 𝒄𝒐𝒎𝒆 𝒔𝒐𝒐𝒏 𝒆𝒏𝒐𝒖𝒈𝒉! Germany is launching a six-month trial of a 4-day work week starting February 1, 2024, involving 45 companies. The trial aims to improve employee wellbeing and productivity and address economic challenges. The companies participating in the trial will test the feasibility of a shorter workweek and its impact on employee well-being and productivity. The trial is expected to end in July 20241. This trial is part of a broader shift taking place in the German labour market, where a lack of skilled workers is putting pressure on companies to fill their ranks. The shortage, coupled with high inflation, has emboldened employees across industries to seek wage increases and preserve the flexibility and independence they gained during the pandemic. #4dayworkweek #hr #wellbeing
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As Germany gears up for a 4-day workweek trial starting February 1, 2024, it's a noteworthy departure from the prevailing global trend of returning to full-time office work post-pandemic. With 45 companies partaking in the six-month experiment, the focus is on assessing whether shorter work hours can contribute to employee well-being and heightened productivity. Germany's economic challenges, including a sluggish economy and a scarcity of skilled workers, amplify the significance of this trial. The potential to reduce absenteeism costs and tap into the untapped potential of part-time workers further emphasizes the experiment's relevance. While Finance Minister Christian Lindner raises concerns about economic growth, past successes in other countries point towards potential benefits. As the trial unfolds, it serves as a pivotal exploration of redefining work-life balance in an ever-changing corporate scenario. #4DayWorkWeek #futureofwork #worklifebalance #employeewellbeing #productivity #flexibleworking #workplaceinnovation #economicchallenges #skilledworkers
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Managing Director at The HR Consultants | Award winning HR Consultancy 🏆 | Helping to create a place your people love ❤️ to work
Greece is set to introduce a 6 day / 48 hour work week from Monday for all public businesses 😲 The policy has been enforced by the Greek government with an aim of boosting the economy, but many critics are condemning it as being out of touch with modern society. The article (linked below) states that "around 500,000 skilled young people in Greece left the country after the financial crash in 2008. This has led to a crisis of a shrinking population and a shortage of workers in the country, which Greece’s prime minister, Kyriakos Mitsotakis, has called a “ticking time-bomb". In Mitsotakis' eyes, these factors justify the introduction of a six-day week, which is only set to apply to public businesses." I'd be surprised if this has the desired effect for the Greek economy; in fact I suspect the move will likely result in affected organisations losing talent, and potentially the country losing even more skilled workers. A 6-day work week is in great contrast to many organisations around Europe who are moving to a 4-day work week, coupled with legal protections for workers around 'switching off' (part of Labour's new employment law plans) to drive a sense of work / life balance. I'll be interested to see how it all plays out 👀
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I support organizations and teams to work less and get more done. Internationally acclaimed expert on the shorter workweek. Designer and pioneer of four-day week pilot programs and research projects all over the world.
41 companies recently tried out a #4DayWeek or #9DayFortnight in Portugal as part of a government-sponsored pilot 🇵🇹 Over 1,000 workers reduced their hours by 14% on average. ⤵️ The results are in. What were the key takeaways? 🧪 VALUE OF A SHORTER WORK WEEK TO EMPLOYEES 💰 ▶ When asked to attribute a monetary value to the benefit of a four-day work week, participating employees attributed it as 28% of salary on average. ▶ This increased to 32% of salary among women and working parents. ▶ 12% of workers wouldn't leave the company to go back to working 5 days for any amount of money. IMPORTANCE OF WORK REDESIGN TO ORGANIZATIONAL SUCCESS 💡 ▶ 92% of companies who changed 2 or more processes expected to maintain the reduction in working hours. ▶ This dropped to 63% for companies who only changed 1 process or didn't make any process changes. ▶ Other than process reengineering, the most common operational improvements reported were better use of technology including adopting new software, and improved functioning of teams such as more effective meetings. Congrats to Pedro Gomes Rita Fontinha Dr. Dale Whelehan and the team involved in coordinating this program! 👏
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We're bringing the 4 day work week to another South American country...Chile! 🇨🇱 Chile has previously introduced a 40-hour work week bill. We want to take it to the next level - a 32hr week! Who’s in? 🙋 Our 4 days x 8hr model promises to deliver a 20% reduction in work-time for Chilean companies, all while maintaining the pay for their employees, as long as they continue to produce 100% of the output. Past trials have found that they not only maintain the 100% output, but they exceed it through increased productivity. Employees perform better when working a 4 day week. Let’s bring the experiment to Chile! We are partnering with ZM Consultores in Chile to pilot a 4 day work week. Interested Chilean companies can get in touch with us to understand how a 4 day work week can benefit their business. #4dayweek #4dias #chilenews
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As popularity of the 4 day working week continues to rise, Greece counters this by legislating for a 6 day week. In a bid to boost economic growth employees in some industries are allowed to work up to 48 hours in a week as opposed to 40. Although it does not impact the established five-day working week mandated by law According to Greek public broadcaster ERTNews, it's hoped it will help combat undeclared work that leads to tax evasion. https://lnkd.in/e3nYb6kb #6dayweek #workingweek #4dayweek #greece #workinghours
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Recently, some forward-thinking Czech companies have started to express interest in reducing working hours, inspired by developments in neighboring European countries. This movement, however, is met with a blend of enthusiasm and skepticism, as the Czech Republic grapples with its own unique economic challenges. Germany's recent experience, where a six-day strike by railway workers led to a promised reduction in working hours, has sparked a wave of interest across Europe. Nations like France, Belgium, and the UK have already experimented with similar initiatives, such as a four-day work week. This trend has not gone unnoticed in Czechia, where the idea is now being actively discussed. Yet, the path to a shorter work week in Czechia is fraught with complexities. The country's current economic landscape, characterized by low unemployment rates and a significant number of unfilled jobs, poses a substantial challenge to this paradigm shift. Economists like Štěpán Křček, chief economist of BH Securities, and Lukáš Kovanda of Trinity Bank, voice concerns about the feasibility and economic implications of such a change in a market already struggling with employee shortages. Despite these challenges, the concept of a shorter work week is gaining traction among the Czech populace. A 2023 survey reveals a growing acceptance, with a notable percentage of respondents, especially among younger age groups, viewing a four-day work week positively. This shift in public opinion could be a driving force behind future changes in workplace norms. #WorkLifeBalance #FourDayWorkWeek #CzechBusinessTrends #EuropeanLaborMarket #EmployeeWellbeing #InnovativeWorkplaces #FutureOfWork #EconomicInsights #LaborPolicy #WorkplaceInnovation
Czech companies join German workers in calling for shorter work week
expats.cz
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Legal Specialist I Commissioner of Oaths I Municipal Admin Expert I Business Organization Professional
Germany Takes the Lead in the Labor Revolution with a 4-Day Workweek Pilot Program! 👉 Read the full article here: https://lnkd.in/ekfg8dTr This pilot program comes at a crucial time when businesses are adapting to changing dynamics. 1️⃣ Innovative Response to Labor Shortages: Germany is at the forefront, exploring alternative work structures to meet the demands of a changing workforce landscape. 2️⃣ Work-Life Harmony: A 4-day workweek can potentially enhance employee well-being, boost morale, and contribute to a healthier work-life balance. 3️⃣ Productivity and Efficiency: This experiment could shed light on the impact of reduced working hours on productivity and overall job satisfaction. What are your thoughts on this bold move by Germany? Personally, I hope this initiative is implemented in Canada as well! #FutureOfWork #WorkLifeBalance #Germany #4DayWorkweek #LaborShortage #InnovationInWorkplace
Germany tests 4-day workweek amid labor shortage – DW – 01/31/2024
dw.com
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On the 1st July Greece implemented a 6-day working week to help kick start their economy. Workers can choose whether to work an additional 2 hours per day or an additional 8-hour shift. Here, the UK has confirmed a second trial for a four-day working week, scheduled for a November start. In excess of 60 companies took part in the 2022 trial with 90% of those business having kept their trialed working arrangements. This time round the trial will also monitor additional ways to enhance the working week such as flexible working, flexible start and finish times, nine-day fortnights and compressed hours. Findings will be presented Summer 2025. With 50% of employees saying they would move jobs for a four-day week and the new Labour government putting the world of work high on their agenda could this be the next hot HR change to be implemented? Are we ready for the 4 day week or have Greece got it covered? What do you think? Let the debate commence… #flexibleworking #4dayweek #remotejobs #londonjobs #accountancy #finance
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