this post was submitted on 02 Feb 2024
85 points (95.7% liked)

Europe

8324 readers
1 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

  1. Be nice to each other (e.g. No direct insults against each other);
  2. No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
  3. No posts linking to mis-information funded by foreign states or billionaires.

Also check out [email protected]

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 3 points 9 months ago

This is the best summary I could come up with:


It sounds counterintuitive: While Germany, like many countries, struggles to find enough workers, dozens of companies are starting an experiment that will see employees work a day less.

If companies can maintain their current output with employees working fewer hours, this would naturally lead to higher productivity levels.

This model could also potentially draw more people into the workforce by engaging those who aren't willing to work five days a week, helping to alleviate the lack of labor.

Recent data from the German health insurance company DAK shows that workers in Germany took 20 sick days on average last year.

Holger Schäfer, a researcher at Cologne's German Economic Institute (IW), says it's a fantasy to expect a 25% increase in productivity in exchange for a 20% reduction in working hours.

Economist Bernd Fitzenberg of Germany's Institute for Employment Research (IAB) says a 4-day week could mean higher costs for companies if "spreading working hours over just four days is not offset by productivity gains."


The original article contains 746 words, the summary contains 160 words. Saved 79%. I'm a bot and I'm open source!