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Proof: Long Hours Don't Pay

June 13th, 2008 @ 11:15 am

1 Comment

Categories: Workplace

Tags: Gross Domestic Product, BNET UK Staff

Nearly 20 years ago, organisational behaviour expert Charles Handy predicted the rise of the ’shamrock’ organisation, where non-core competencies would be contracted out and employees would be an elite and hard-working core. Sound familiar?

He also predicted how little time those in the high-pressure core would have for “walking in each other’s worlds”.

“The learning organisation must therefore make it an organisational responsibility to push people into those other worlds lest it be afflicted with a severe case of endemic group-think,” writes Handy in ‘The Age of Unreason’.

But we’re not listening, are we? So with all the fuss around long hours and the backlash from those who want to be left to work as hard as they please, a (not very scientific) test seems in order.

Take the top five nations in IMD’s World Competitiveness ranking 2008

  • US
  • Singapore
  • HK
  • Switzerland
  • Luxembourg

Now compare with Forbes’s top five hardest working nations.

  • South Korea — GDP per capita $24,600
  • Greece — GDP per capita $30,500
  • Czech Republic — GDP per capita $24,400
  • Hungary — GDP per capita $19,500
  • Poland — GDP per capita $16,200

They don’t match, do they?

Long hours: they’re not big, they’re not clever, and they’re not competitive.

 
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    sai.nadar

    06/17/08 | Report as spam

    Fallacy of aggregating micro phenomena and making macro predictions

    This seems to be the classic fallacy of taking a micro phenomenon of working "long hours" and drawing macro-economic conclusions of national prosperity or the lack thereof.

    I'm not convinced if the disparity between the set of two top-5 groups is encapsulated by the simple lack of "smart work". Seems to be an oversimplification.

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