A common myth among several businesses and policy-makers is that longer hours at work increase overall production. A will writing company in New Zealand Perpetual Guardian challenged this assumption by starting off with a new policy where holidays were actually increased. Employees could now take a day off during an eight-week trial. Just as the company forecasted, productivity levels actually went up by 20 percent. Work-life balance is turning out to be an increasingly crucial aspect of talent management.Data provided by Statista too confirms this by providing information on hours logged and productivity per hour within the OECD. It emerges that South Korea, Greece and Japan are all towards the top when it comes to hours worked, but on the other end of the scale for per hour productivity. Ireland, Norway, USA and Germany meanwhile top the productivity rankings. As a response Japan has actually implemented measures to reduce employees working overtime.

Source:https://www.weforum.org/agenda/2018/07/working-fewer-hours-makes-you-productive-new-zealand-trial?utm_source=Facebook%20Videos&utm_medium=Facebook%20Videos&utm_campaign=Facebook%20Video%20Blogs

Uploaded Date:28 July 2018