How Luxembourg Became The World's Most Productive Country
“Want to earn more while working less? It might
be time to pack your bags. According to 2015 data from the Organization
for Economic Cooperation and Development (OECD), Luxembourg is the most productive country in the
world, with an average work week of only 29 hours and a GPD per hour worked of
93.40.
Let's explore what makes Luxembourg so
productive. First and foremost, this tiny central European state believes in
preserving their employees' work-life balance. The Luxembourg Declaration on Workplace
Health Promotion in the European Union declares a focus on the "combined
efforts of employers, employees and society to improve the health and
well-being of people at work." The OECD echoes this claim, pinning the country's productivity on
their "ability to successfully combine work, family commitments and
personal life." Luxembourg largely allows workers to re-organize their work hours to make time for outside commitments and interests. All
employees have a minimum of five weeks paid time off, and workers must be
compensated for overtime. In addition to shortened, flexible work weeks, most
industries in Luxembourg don't allow work on Sundays.
If you need a more convincing case against long
work weeks, let's look at the least productive country on OECD's list (#38):
Mexico. Compared to Luxembourg's 29-hour average work week, Mexico has the
world's longest average work week at 41 hours. So if you'd like to run a
productive business, make sure your employees have a successful work-life
balance first.”
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