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Labor Policies

All articles tagged with #labor policies

business2 years ago

German Politician: 4-Day Workweek Won't Boost Prosperity, Warns Against Adoption

Germany's finance minister, Christian Lindner, has expressed his opposition to the idea of a four-day workweek, stating that no society has ever increased its prosperity by working less. However, a survey shows that 73% of Germans support the switch to a four-day workweek, assuming they receive the same pay. Some German companies have already begun experimenting with longer workdays in exchange for an extra day off, citing potential benefits such as increased motivation and fewer sick days. The upcoming round of collective bargaining talks in Germany will include discussions on a 32-hour workweek with full pay. Meanwhile, corporate owners in other parts of the world, such as Narayana Murthy and Elon Musk, have expressed opposition to working less or working from home.