As some countries around the world are considering transitioning to a four-day work week, Greece is taking a different approach by implementing a new six-day work schedule under Law 5053/2023. The law allows certain industries, such as those offering 24/7 services, to require employees to work an additional day in exchange for a 40 percent increase in their daily wage. This law is voluntary for companies to adopt, but if they do, it must be applied uniformly to all employees.
The rationale behind this new law is to jumpstart Greece’s economy as it continues to recover from the aftermath of Europe’s financial crisis. The government believes that increasing productivity through longer working hours will ultimately boost the country’s GDP. However, critics argue that the new six-day week could have negative consequences on employee wellbeing, leading to burnout and a decrease in the quality of life for workers.
While Greece is moving towards longer working hours, other countries are exploring the benefits of a four-day work week. Several countries, including Belgium and Singapore, have passed legislation allowing for shorter work weeks, and pilot schemes have been tested in various countries worldwide. Studies have shown that a four-day work week can lead to increased productivity, reduced burnout, and improved employee wellbeing.
Experts have highlighted the positive impact of a four-day work week on both employees and businesses, with some trials showing significant improvements in revenue and employee satisfaction. While Greece’s decision to implement a six-day work week is unique, the global trend seems to be shifting towards shorter working hours in order to achieve a better work-life balance.