November 29, 2017
New study measures the effect of reduced working hours on productivity and inequality.
A new report in the journal IZA World of Labor claims that working hours across the world are falling, but to varying degrees and there is a measurable impact on productivity and workplace inequality in the countries surveyed. In particular low skilled workers are working fewer hours while highly educated workers are often working more which affects the inequality gap between rich and poor. Working hours across the world are falling, but considerable variation remains. In some countries people work 70 percent more hours per year, on average, than in other countries. According to the economist Peter Dolton of the University of Sussex, countries with low working hours such as Germany, Switzerland, France, Belgium, and Austria, have had governments enact progressive interventionist labour market policies and are notable for the presence of strong, well-organised trade unions. The report is available in both English and German. (more…)




Impostor syndrome (where we feel like we are ‘faking it’ at the job we are doing) could be holding back many senior executives from realising their potential – according to new research from Dropbox on the state of teamwork within businesses in the UK. The research, which marks the launch of a new study, conducted in conjunction with philosophers at The School of Life reveals that 80 percent of Chief Executive Officers (CEOs) and 81 percent of Managing Directors say they sometimes feel ‘out of their depth’ and as if they are ‘struggling’ in their role. The research investigates behaviours in business that are limiting to great teamwork. Being averse to disagreeing with others – often seen as a typically British trait – is identified as a key issue holding back teams within British business. The data also claims that two thirds of British workers (69 percent) say that they aren’t comfortable disagreeing with others at work.
