Workers in Greece are going to have to work a little bit longer starting this week, with the country introducing a six-day work week for some.
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"Law 5053/2023 will kill off the five-day work week for good" As of today, Greek companies have the option to introduce a 6-day work week. And this in a country where, according to Eurostat, people already work longer hours than workers anywhere else in the bloc. My hunch: Greece won't be alone in this for long. We're entering a downward trend on a continent that loses working-age citizens while simultaneously getting increasingly hostile to immigration. https://lnkd.in/didNufKT
Greece introduces the six-day work week – DW – 06/21/2024
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Four-day work week? Greece says no way! On July 1st , the new Greek law comes into effect. From now on, employers can implement a six-day work week. Greece is facing a labor crisis in several industries, including tourism and construction, and a six-day workweek is intended to alleviate the pressing shortage of trained personnel. We have been discussing a four-day workweek for a while now in Poland, and the general public seems to agree that this could be a good idea. Greece’s heading toward longer working hours begs to ask the question, “What’s a better way to balance economic demands with the well-being of workers?” The reasoning behind the Greek government’s decision: - Staff Shortages: The main cause is the severe lack of qualified people in important industries. - Economic Recovery: The objective is to increase productivity and economic growth following years of recession. But there are ramifications to think about: - Worker exploitation: Many worry that employees will be coerced into working longer without receiving fair pay - Safety Risks: Workplace accidents are already rising, and longer working hours may exacerbate this trend. As Greece accepts this new model, it’s vital to assess the larger consequences on worker rights and safety. What do you think? Is there an alternative strategy? Let’s talk about it. #WorkLifeBalance #LaborRights #EconomicGrowth #Greece #FourDayWorkWeek #SixDayWorkWeek Read more about the new law here https://lnkd.in/dviEQXHX
Greece introduces the six-day work week – DW – 06/21/2024
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Senior Executive @ Accenture | Unified Commerce | Data & AI | Digital | ERP | Trasformation Officer | POS | Order Management | Payment |
🌍 A Bold Move: Greece Adopts a Six-Day Workweek 🌍 While many countries are experimenting with shorter workweeks, such as the popular four-day model, Greece has taken a surprising turn by introducing a six-day workweek. This decision, which will take effect on July 1, 2024, aims to address labor shortages and boost economic productivity in key sectors. 🔄 Key Aspects of the New Law 🔄 • Flexible Working Hours: The law allows for a six-day workweek with an additional 40% pay for the extra day worked. • Combating Undeclared Work: By providing more regulated working hours, the government hopes to reduce undeclared work and protect workers’ rights. • Optional Second Job: Workers can take on a part-time second job, allowing up to 13 hours of work per day and a total of 78 hours per week for those opting for a six-day schedule. 📈 Economic Context 📈 The move is part of a broader strategy to enhance Greece’s economic recovery post-crisis. With GDP growth expected to be 2.2% this year and a reduction in unemployment rates, the government believes this law will further stabilize the economy by filling gaps in the skilled labor market . 💡 Controversy and Debate 💡 The law has sparked significant debate and opposition from trade unions and political parties, who argue that it may lead to worker exploitation and deteriorate work-life balance. Despite these concerns, the government insists that the new regulations will modernize the labor market and provide necessary flexibility . 🔍 Your Thoughts? 🔍 What do you think about this approach? Can a six-day workweek coexist with modern demands for work-life balance? How should companies navigate these changes to ensure employee well-being while boosting productivity? Share your insights and join the discussion! #WorkWeek #EconomicPolicy #Greece #Productivity #LaborLaw #FutureOfWork
Greece introduces the six-day work week – DW – 06/21/2024
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The 6 Day Work Week has only been introduced to businesses that operate 24 hours a day (e.g., hospitals) and is voluntary for those that want the extra work. The fear is that this will not remain optional, or people will be pressured to work, and spread to other industries in Greece. There is also a shortage of skilled workers in Canada, and there is some fear it could come here too. I'm okay with this in Canada as long as it remains truly optional. I doubt, however, that it will remain truly optional if it comes here. https://lnkd.in/gnmAxuJ5
Greece introduces 6-day work week, labour experts worried it “can spread”
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Greece introduces 6-day work week: Bold move or big mistake? Yesterday marked a significant change in Greece’s labour landscape as new 6-day work week rules came into force. Here’s a quick summary of what’s happening and why: Scope · The rules apply to various sectors (but not all) · As you would expect, there are conditions to ensure compliance with labour laws and workers' rights Why did they do it? 1. Economic recovery: The government aims to boost economic recovery and competitiveness, particularly in sectors struggling to regain pre-pandemic productivity levels. 2. Labour market flexibility: Increased flexibility in working hours is seen as a way to attract foreign investment and support businesses in meeting market demands. 3. Unemployment reduction: By expanding working days, the government hopes to create more job opportunities and reduce the high unemployment rate. What has the response been? Spoiler, not everyone is happy about it. · Some business groups and employers welcome the change, viewing it as a necessary step to revitalize the economy and enhance productivity · Many employees and labour unions expressed concern over the potential for increased burnout and decreased work-life balance · The public is divided; some acknowledge the potential economic benefits, while others fear the impact on workers' rights and overall well-being It will be crucial to monitor the effects and ensure that the balance between economic goals and workers' rights (and wellbeing) is maintained. So I expect that over time we will get our answer...
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What is happening in Greece and what it has to do with the shortage of skilled workforce ⤵ Greece is taking an unconventional (and highly unpopular among workers) approach by introducing a six-day workweek, amid the 4 day work week trend. 🙄 This move, driven by the pro-business government under Prime Minister Mitsotakis, aims to combat the pressing challenges of a shrinking population and a shortage of skilled workers. From July 1st, employees in private businesses providing round-the-clock services can now work an additional day, either by extending their daily hours or adding an extra shift. Critics contend that better productivity stems from improved working conditions and work-life balance, often achieved through fewer hours, not more. 𝐖𝐡𝐢𝐜𝐡 𝐦𝐚𝐧𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐫𝐞𝐜𝐞𝐧𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐛𝐚𝐜𝐤𝐬 𝐮𝐩. With Greeks already working the longest hours in Europe for comparatively low wages, there are concerns that this policy won't address underlying issues such as low pay and the 𝐫𝐞𝐬𝐮𝐥𝐭𝐢𝐧𝐠 𝐛𝐫𝐚𝐢𝐧 𝐝𝐫𝐚𝐢𝐧. 🛫 Here is why this situation needs to be a wake up call for most of EU countries. 𝐓𝐡𝐞 𝐩𝐨𝐩𝐮𝐥𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐆𝐫𝐞𝐞𝐜𝐞 𝐢𝐬 𝐝𝐞𝐜𝐥𝐢𝐧𝐢𝐧𝐠, 𝐰𝐢𝐭𝐡 𝐚𝐫𝐨𝐮𝐧𝐝 500,000 𝐲𝐨𝐮𝐧𝐠, 𝐞𝐝𝐮𝐜𝐚𝐭𝐞𝐝 𝐆𝐫𝐞𝐞𝐤𝐬 𝐡𝐚𝐯𝐢𝐧𝐠 𝐞𝐦𝐢𝐠𝐫𝐚𝐭𝐞𝐝 𝐬𝐢𝐧𝐜𝐞 𝐭𝐡𝐞 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐜𝐫𝐢𝐬𝐢𝐬 𝐛𝐞𝐠𝐚𝐧 𝐢𝐧 2009. This exodus has created a significant gap in the skilled workforce, a key driver for introducing the six-day workweek. But it is not only the case with Greece - if you take a road trip from Eastern to Western Europe and then aim for the cross Atlantic adventure, you will actually follow the path that European workforce takes. ➡ 𝘌𝘷𝘦𝘳𝘺𝘰𝘯𝘦 𝘪𝘴 𝘵𝘳𝘺𝘪𝘯𝘨 𝘵𝘰 𝘮𝘰𝘷𝘦 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦𝘪𝘳 𝘤𝘶𝘳𝘳𝘦𝘯𝘵 𝘱𝘰𝘪𝘯𝘵 𝘵𝘰𝘸𝘢𝘳𝘥𝘴 𝘸𝘦𝘴𝘵. If you are vacationing in Croatia for example, ask around where is the youth working the summer season coming from. 𝐒𝐩𝐨𝐢𝐥𝐞𝐫 𝐚𝐥𝐞𝐫𝐭: mostly they are coming from from Balkan countries, which are still not EU members. And in the continental region, most restaurants will have 𝘸𝘰𝘳𝘬𝘦𝘳𝘴 𝘯𝘦𝘦𝘥𝘦𝘥 sign at the front door. 🛑 In Serbia, already for years, there has been a shortage for workers (for example, construction workers, cleaning staff, warehouse workers, cashiers, drivers, medical staff) which has led to the influx of workers from Far and Middle East as well as the creation of easier process for work permit application in the Western Balkan job market. This is a harsh reminder of the complex interplay between economic policy, workforce management, and the evolving needs of both employers and employees. How do you see this impacting the future of work in Greece and beyond? Photo credit: Greek workers demonstrated outside the Finance Ministry in Athens[Louisa Gouliamaki/Reuters]
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Did you know that 3 in 10 European workers would consider relocating to another country if theirs didn't allow a 4-day working week? This is according to a recent study from XpertHR, which found that the number of Europeans willing to relocate increases to 4 in 10 when considering the possibility of a 6-hour day. It's clear that European workers are embracing flexible working practices, and this could have major implications for employers seeking to attract and retain the best talent. What are your thoughts on this? #flexibleworking #talentretention #worklifebalance
3 in 10 European workers would consider relocating to another country if theirs didn’t allow a 4-day working week
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In a time when many countries are experimenting with a 4-day workweek, Greece has taken a bold step in the opposite direction. On July 1st, Greece introduced a growth-oriented six-day working week to boost productivity and economic growth. This move highlights the diverse strategies nations are adopting to navigate economic challenges. Meanwhile, in India, many companies officially mention a 5-day workweek but often have a funny way of 'gently reminding' employees to work 6 days! 😅 Read more about this development in The Guardian: https://lnkd.in/gpyDf26z #EconomicGrowth #WorkWeek #Productivity #GlobalTrends #Greece
Greece introduces ‘growth-oriented’ six-day working week
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The latest Jobseeker Salary Report 2024 from JobsDB by SEEK reveals a significant trend: 2 in 3 Hong Kong employees are advocating for a 4-day work week. This shift indicates a growing demand for better work-life balance and flexible working conditions. Employers may need to adapt to these preferences to attract and retain top talent. https://hubs.la/Q02yCVGM0 #HRInsights #4DayWorkWeek #WorkLifeBalance #EmployeeBenefits
2 in 3 Hong Kong employees want 4-day work week
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