US EditionIceland embraced a shorter work week. Here’s how it turned out
- Iceland's economy is thriving after adopting a shorter work week with no pay loss, outperforming most of Europe, according to research released Friday.
- 51% of Icelandic workers accepted shorter hours between 2020 and 2022, with growth potentially increasing since then, as reported by two think tanks.
- Productivity remained stable or improved, while workers' wellbeing increased significantly across various measures, according to researchers' findings.
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Iceland's economy outperforms Europe's due to a shorter work week
Iceland's economy has outperformed many European countries after the introduction of a shorter working week across the country, it has been revealed. The number of working days and hours are reduced, but the salaries received by the employees are not reduced. Between 2020 and 2022, 51% of the country's workers will agree to shorter working hours, including a four-day work week […] The post Iceland economy outperforms Europe due to shorter work w…
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