Editor’s Note: This post is by Paul Slezak, Cofounder and CEO of RecruitLoop – the World’s largest marketplace of expert Recruiters and Sourcers available on-demand.
Looking to increase the productivity of your employees? Asking them to work longer hours may not be the answer.
While conventional wisdom might imply more hours worked equals more productivity, a new study from our friends at GetCRM suggests otherwise.
They have analyzed the GDP per capita and hours worked data of 35 countries from around the globe to examine the relationship between productivity and hours worked.
Surprisingly, the data indicates there is actually an inverse relationship between hours worked and productivity, meaning that the countries who worked more hours were actually less profitable. For example, Mexico (where employees work the most hours per week) saw the lowest economic return on those hours worked.
Check out the infographic below to learn more about the key takeaways from their research.