Some Greek industries begin working six-day weeks

Greece Implements Six-Day Work Week to Boost Economic Growth

In an effort to enhance economic growth, Greece has introduced a new legislation that allows certain industries to adopt a six-day working week. This initiative, effective from the start of July, permits employees to work up to 48 hours per week, up from the standard 40 hours.

The extended working week applies only to businesses operating around the clock, offering workers the option to earn an additional 40% for any overtime worked.

While this move by the Greek government is unique compared to workplace norms in Europe and the US, where shorter workweeks are gaining popularity, it aims to combat undeclared work leading to tax evasion.

Worker-Friendly Legislation for Growth-Oriented Policies

Excluded from this policy are tourist businesses and the food industry, emphasizing the growth-oriented approach of the legislation. Greek Prime Minister Kyriakos Mitsotakis highlighted the worker-friendly nature of the initiative, aligning Greece with European standards as outlined in the EU’s working time directive.

Divergence from Global Workplace Trends

During the aftermath of the global financial crisis, Greece faced significant challenges due to high public spending and tax evasion, leading to a series of international bailouts. Mr. Mitsotakis is credited with steering the economy towards recovery.

Despite the global shift towards flexible working arrangements post-Covid, including successful trials of the four-day workweek in various countries, Greece’s decision to implement a longer workweek reflects a different strategy.

Notably, trials of a four-day workweek in Iceland showcased improved productivity, indicating that shorter hours can be beneficial for both employees and businesses.

Read More of this Story at – 2024-07-03 11:01:03

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