{"id":630753,"date":"2024-07-07T00:00:00","date_gmt":"2024-07-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/could-greece-be-onto-something\/"},"modified":"2024-07-07T00:00:00","modified_gmt":"2024-07-07T00:00:00","slug":"could-greece-be-onto-something","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/07\/could-greece-be-onto-something\/","title":{"rendered":"Could Greece be onto something?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Greece is adding to its inventive offerings \u2014 Alongside democracy and <\/strong><strong>theater, the country is now introducing the six-day workweek. <\/strong>While the world is valorizing a move towards a <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/technology\/2023\/05\/24\/4-day-work-week-united-states\/\" style=\"\" rel=\"noopener\">four-day work week<\/a> and shunning <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4e71985d-ed85-4ca6-b812-19fe5ab81a30\/china-stocks-up-on-nvidia-chips-ahead-of-stricter-us-export-restrictions-%2B-catch-on-the-latest-gen-z-work-trend\" style=\"\" rel=\"noopener\">hustle culture<\/a>, this European nation has approved legislation that enacts a six-day working week where employees work up to 48 hours during the business week, with a <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/jul\/01\/greece-introduces-growth-oriented-six-day-working-week\" style=\"\" rel=\"noopener\">40% raise in overtime pay<\/a> as incentive, according to <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/technology\/2024\/07\/03\/greece-six-day-workweek\/\" style=\"\" rel=\"noopener\">The Washington Post<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How come? <\/strong>Labor shortages seem to be the culprit behind this move. This comes alongside ensuring that workers are compensated for their overtime work and that tax evasion for undeclared work is also addressed.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s not for everyone. <\/strong>This isn't a case where the entire country is about to change its routine. Employees in industrial or manufacturing sectors or other fields where hours often reach 24-hour shifts are those who are presented with the 6-day-week option. Niki Kerameus, the labor and social insurance minister, explained that the option should only be used for \u201curgent operational demands\u201d that have been impacted by the labor shortage and experience unexpected workload, according to <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/07\/04\/world\/europe\/greece-six-day-workweek.html\" style=\"\" rel=\"noopener\">The New York Times<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Employment experts disagree.<\/strong> Pundits have made it clear that this may be <a target=\"_blank\" href=\"https:\/\/www.gsb.stanford.edu\/insights\/why-your-workplace-might-be-killing-you\" style=\"\" rel=\"noopener\">disastrous<\/a> to worker health, predicting high turnover due to faster burnout, illness related to overworking, and even desperate workers ignoring these health cues, leading to death. Malissa Clark, director of the University of Georgia\u2019s Healthy Work Lab, which specializes in the intricacies of work-life balance, said that the move is \u201c[definitely] a step in the wrong direction.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Against the current. <\/strong>Globally, many forward-thinking countries have been looking at shortening the work week, some of which are <a target=\"_blank\" href=\"https:\/\/www.lemonde.fr\/en\/economy\/article\/2023\/06\/05\/the-four-day-workweek-is-gaining-ground-in-france_6029110_19.html\" style=\"\" rel=\"noopener\">piloting the idea<\/a> \u2014 others have even <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/next\/2024\/02\/02\/the-four-day-week-which-countries-have-embraced-it-and-how-s-it-going-so-far\" style=\"\" rel=\"noopener\">implemented<\/a> it. <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/business-57724779\" style=\"\" rel=\"noopener\">Iceland<\/a>, <a target=\"_blank\" href=\"https:\/\/www.dw.com\/en\/japan-work-life-balance\/a-57989053#:~:text=The%20Japanese%20government%20has%20just%20unveiled%20its%20annual,days%20a%20week%20instead%20of%20the%20typical%20five.\" style=\"\" rel=\"noopener\">Japan<\/a> and <a target=\"_blank\" href=\"https:\/\/businesstech.co.za\/news\/business\/735063\/4-day-workweek-pilot-in-south-africa-the-results-are-in-with-some-surprises\/\" style=\"\" rel=\"noopener\">South Africa<\/a> are also among those who are experimenting to see how four-day-weeks might impact staffing, productivity, costs, and operations. Syriza, the leftist opposition party in Greece, called the move \u201ca return to working conditions of the 19th century that puts the country to shame.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s technically optional\u2026 But is it? <\/strong>The fact that the six-day week is not a requirement only creates the illusion of choice, according to Brigid Schulte, director of the <a target=\"_blank\" href=\"https:\/\/www.newamerica.org\/better-life-lab\/\" style=\"\" rel=\"noopener\">Better Life Lab<\/a>. She said that the increase in pay is enough of an incentive to make people choose it over their health. \u201cYou\u2019re making it difficult to turn [the pay] down,\u201d she added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Could Greece be on to something?<\/strong> Only time will tell. \u201cIf all of a sudden Greece turns around its economy, maybe people will take a second look,\u201d said Schulte, \u201cbut I don\u2019t think that will happen.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A six-day work week which gives the employee 40% raise in overtime pay is being introduced<\/p>\n","protected":false},"author":1,"featured_media":630754,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[633,638,381,8597],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630753","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-enterprisepm","tag-for-your-commute","tag-greece","tag-worklife","wpautop","entry"],"acf":{"mongo_id":"3af16ddc-e9a4-4bfd-b19a-80b8d87a70e6","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/385.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[630748],"teaser":"A six-day work week which gives the employee 40% raise in overtime pay is being introduced","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.599453e1-1c75-4b58-a32e-4849f56fde0f.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Could Greece be onto something? 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The trips will begin with medium-sized cruise ships carrying 700-800 passengers between Greece and Egypt, via Port Said and Alexandria.\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651752,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/greece-and-its-informal-economy-a-legyptienne\/","url_meta":{"origin":630753,"position":2},"title":"Greece and its informal economy \u00e0 l'\u00e9gyptienne","author":"enterpriseam admin","date":"20 February 2017","format":false,"excerpt":"Greeks are getting in touch with their inner Egyptians: The informal economy in Greece is growing as businesses that can\u2019t afford to pay newly imposed taxes deregister in Greece to work in the parallel economy, often after registering abroad in lower-tax environments, Liz Alderman writes for The New York Times.\u2026","rel":"","context":"In &quot;Worth reading&quot;","block_context":{"text":"Worth reading","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-reading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":619833,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/12\/egyptian-farmers-in-greece-plus-fresh-investments-from-prometeon-and-disruptech-and-an-outsourcing-freezone\/","url_meta":{"origin":630753,"position":3},"title":"Egyptian farmers in Greece. PLUS: Fresh investments from Prometeon and DisrupTech and an outsourcing freezone?","author":"enterpriseam admin","date":"12 May 2024","format":false,"excerpt":"Greece could extend seasonal employment contracts to Egyptian construction and tourism workers as well","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/719.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543671,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/etisalat-misr-buys-40-mhz-of-bandwidth-new-subsea-data-cable-to-connect-egypt-greece\/","url_meta":{"origin":630753,"position":4},"title":"Etisalat Misr buys 40 MHz of bandwidth + new subsea data cable to connect Egypt + Greece","author":"enterpriseam admin","date":"13 February 2022","format":false,"excerpt":"Etisalat Misr bought 40 MHz of new bandwidth from the National Telecommunications Regulatory Authority (NTRA), Etisalat Misr \u0650Acting Chief Corporate Affairs Officer Hossam ElMeadawy said in a statement (pdf) on Thursday, without providing the value of the transaction.Two awards in one week: This came in the same week that Orange\u2026","rel":"","context":"In &quot;Telecoms&quot;","block_context":{"text":"Telecoms","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/telecoms\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/168.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603162,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/egypt-cyprus-greece-hold-joint-military-drills\/","url_meta":{"origin":630753,"position":5},"title":"Egypt, Cyprus, Greece hold joint military drills","author":"enterpriseam admin","date":"16 April 2019","format":false,"excerpt":"Egypt, Greece and Cyprus began yesterday a multi-day joint naval and air force exercise off Egypt\u2019s Mediterranean coast, according to an armed forces statement. The Medusa 8 drill includes the Egyptian Navy helicopter carrier ENS Anwar El-Sadat, a Type 209 submarine, and several F-16 jets.","rel":"","context":"In &quot;National Security&quot;","block_context":{"text":"National Security","link":"https:\/\/enterpriseam.com\/egypt\/category\/national-security\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=630753"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630753\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/630748"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/630754"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630753"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630753"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}