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Greece Introducing Six-Day Work Week: Business News

Greece Introducing Six-Day Work Week: Business News

While many countries are moving towards a shorter work week, Greece is taking a different approach by introducing a new six-day work schedule under Law 5053/2023 to boost the economy after years of financial crisis.

What does the new law entail?

The law allows employers in certain industries to require employees to work a sixth day in exchange for a 40 percent increase in their daily wage. This move aims to increase productivity and GDP.

Why is Greece opting for longer working hours?

Greece’s government believes the extended work week is necessary due to an ageing population and a shortage of skilled workers. The law aims to make Greece more competitive in the global market.

Why are critics against the six-day week?

Critics argue that the new law could lead to burnout, worsen working conditions, and disproportionately affect women. They call for more dialogue between the government, employers, and workers to find alternative solutions.

What about four-day work weeks?

Meanwhile, many countries are experimenting with shorter work weeks to improve work-life balance and productivity, with positive results seen in various trials globally.

Expert opinions on the four-day week

Experts have highlighted the benefits of a four-day work week, including increased productivity, reduced burnout, and improved revenue. Advocates believe it is essential for achieving a better work-life balance.

Other countries adopting a six-day week

China and some US companies have already implemented or are considering six-day work weeks, while Greece stands out for its unique approach in the current global trend towards shorter work weeks.

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