Germany's Industrial Giants Push for 40-Hour Week as Labour Costs Rise

BNR Nieuwsradio

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The beleaguered German industry is calling on employees to adopt a forty-hour workweek for the same pay currently paid for 35 hours. High labor costs are reportedly eroding the country's competitiveness, Mercedes-Benz, among others, is informing employees. That is true in principle, says ING economist Carsten Brzeski, but you will never be able to compete with Asia on labor costs. 'You don't just have a cost problem. Germany primarily has a qual…

berlingske.dk

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40-hour workweek, problematic revolving door and scandal-stricken asset manager in comeback. Those are the main themes of this Wednesday's news flyover from Berlingske Business.

연합뉴스-Yonhap News Agency

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(Seoul = Yonhap News) Reporter Oh Su-jin = Ahead of wage negotiations this coming October, German business leaders are proposing to maintain current wage conditions but reduce weekly working hours from the current 35 hours to 4...

insider.gr

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Germany is considering a 40-hour workday. Industry is under pressure, costs are rising and productivity is being tested. Europe is looking for a new production model.

Forbes España

diarioestrategia.cl

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The large companies of the German industry are pressing to re-establish the 40-hour working day in the sector, 40 years after the industrial workers reached the milestone of instituting the 35-hour working day, with the argument that labour costs are undermining the competitiveness of the German country.The costs [...] The entry The great German industrialists press to re-establish the 40-hour working week in the sector aparece primero en Forbes…