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Germans unwilling to take pay cut to work less
Published: 13 Feb 13 07:05 CET | Print version
Online: http://www.thelocal.de/money/20130213-47925.html
Just 23 percent of Germans would accept a pay cut in exchange for reducing their working hours, according to a survey released amid a new push for a 30-hour workweek in Germany.
- Socialists back 30-hour workweek initiative - Business & Money (11 Feb 13)
- More Germans than ever take early retirement - Society (31 Jan 13)
- German workers feel more stressed - National (29 Jan 13)
Among young people, this sentiment appeared even stronger. Some 86 percent of 16-24-year-olds said they would not take a wage hit – contradicting a popular theory that young people are more willing to earn less if it means working less.
When asked if they worked too much, 44 percent disagreed and just 20 percent told YouGov that they were in over their head professionally.
The same thoughts applied to taking early retirement. 60 percent said that they would not choose to give up work early if it meant getting less pension.
Again, in the 16-24 age bracket this figure was higher, at nearly 70 percent, although many of them were not yet old enough to be legally required to pay into a pension.
The Local/jcw
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Your comments about this article:
Also my employer gets the best 3/4 of my working week: not those end of days when you start to lag !!
When people were talking about a pay cut for more time off they had more and could manage. Now this is not the same case peoples budgets are stretched and times have changed, easy days are passed its not attitudes or change of behavior like the article suggests its economics.