Monday, 1 January 2018

28 Hour Working Week ?




In my recent blog , I had mentioned that the ave. annual working hour in Germany was 1363 in 2016



Subtracting 2 weeks of annual vacation , that comes to 27.26 hours per week for 50 weeks



Now comes news which says :


German Union seeks 28 hour working week ( at least , for a 2 year period , after which , the workers must be allowed to return to the current norm of 35 hour week !



Union is also demanding a SIX per cent wage increase – against an offer of TWO per cent by the Employers



Both sides expect to reach a compromise around FOUR per cent , against a Consumer Price Rise of 1.7 per cent in 2017



Union thinks that the employers will grant 4 % because order books are bulging and employers will not risk a general strike !



Unemployment is also at its record lowest because of booming economy ( 3.6 % in Aug 2017 )



Germany has 301 Industrial Robots per 10,000 employees ( the highest in EU ) as against world ave robot density of 69  !





In 2016, India added 2600 robots ( as against 21000 in Germany and 90,000 in China  )



But if wages continue to rise rapidly , I feel the Indian Manufacturers would resort to greater number of robots



Is there a way we can discourage Indian Manufacturers from resorting to rapid AUTOMATION and instead , hire more workers ?



Yes !  There is  !



Indian Policy Makers may want to refer :



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SavingJobs : Creating Jobs  [  19  Dec  2017  ]

 

https://myblogepage.blogspot.com/2017/12/saving-jobs-creating-jobs.html

 

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02  Jan   2018



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