(2012), "Bulgarians need to work less … but better", International Journal of Productivity and Performance Management, Vol. 61 No. 1. https://doi.org/10.1108/ijppm.2012.07961aaa.005Download as .RIS
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Bulgarians need to work less … but better
Article Type: News From: International Journal of Productivity and Performance Management, Volume 61, Issue 1
Bulgarians work the longest hours in the European Union, but produce the least.
The data comes from a study of the European Foundation for the Improvement of Living and Working and Eurostat, the statistical office of the EU.
The main factors for the low labour productivity are:
lack of investments on the part of the State and private business in modern technologies;
the major proportion of job positions being in sectors with low added value;
lack of qualified workers, and poor organization and management in many companies.
The low productivity – only 41.5 percent of the average in the EU, also reflects on salaries, which are 14 times lower than those in Denmark, for example.
The report further shows that compared to the newcomers from Central and Eastern Europe, workers in the older EU Member States work shorter hours, but with much higher effectiveness.