A new labor law in Greece set to take effect in July 2024 will allow businesses to implement a six-day workweek for employees in certain sectors. This measure aims to tackle black market labor and boost employment, particularly in industries that operate 24/7 or have high workloads. While the new law may increase productivity and provide additional income for workers, it has sparked controversy among employees who feel it infringes on their rights and work-life balance.
Under the new labor law, private sector workers in select industrial and manufacturing facilities as well as businesses offering 24/7 services can work up to 48 hours per week. Employees will receive additional pay for their sixth day of work, with higher rates for working on Sundays. Despite the financial incentives, many Greek workers, particularly the younger generation, are concerned about the potential impact on their health and well-being. Critics argue that the new law represents a step backwards in terms of labor rights, especially as other countries are moving towards a shorter workweek.
The new law in Greece comes at a time when the country is facing economic challenges, including low productivity levels compared to the rest of Europe. Data from the European Commission shows that nominal labor productivity per working hour in Greece is significantly lower than the European average, due to factors such as a lack of investment in technology and skilled human resources. The average working week in Greece is already one of the highest in the EU at 39.8 hours, with concerns that the new six-day workweek could further strain workers and undermine efforts to improve productivity.
The move towards a six-day workweek has divided opinions among economists, labor unions, and the government. While some argue that the measure will help create more jobs and boost the economy, others are concerned about the potential negative impact on workers’ well-being and productivity. Critics of the new law point to the trend towards a four-day workweek in other countries as a more sustainable approach to work-life balance. As Greece grapples with economic challenges and attempts to improve labor market conditions, the implementation of the new labor law will be closely watched for its impact on workers and businesses.
In conclusion, the new labor law in Greece allowing for a six-day workweek in certain sectors from July 2024 aims to address issues of black market labor and boost employment. While the measure may increase productivity and provide additional income for workers, it has sparked controversy among employees who are concerned about the impact on their rights and work-life balance. As Greece faces economic challenges and seeks to improve labor market conditions, the implementation of the new law will be closely monitored for its effects on workers, businesses, and the overall economy.
