Do long working hours lead to loss of revenue?

The work environment in organisations of this particular country is such that work is considered worship. It is the only one among peer countries in the same economic growth bracket, which experiences “Karoshi” or death of employees by overwork. Thanks to the work environment that extolls long hours of hard work as the only evidence of a good work, and the culture of stern hierarchies, where age and experience rule above all, there is a loss of $138 billion this year. Does the scenario sound distressingly familiar to that of ours in India? The cultural underpinnings are the same: we are talking about Japan. This article sheds further light on it.

One of the things Japan does smarter than most other countries is this: when faced with adverse situations, they move fast and make decisive progress. The government has confirmed 400 million yen for employee leisure time and they have mandated minimum hours of rest per week for each employee. These will go a long way in reducing the big loss to their nation’s business bottom-line. In India, we don’t have data on what is the loss of revenue across private organisations due to sleep or ill-health. Suffice to say, all organisations see this as a serious problem.

What will set the pioneering organisations apart is their ability to identify core issues, and decisively move towards resolution. Will you be one of them?

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