labor productivity Archives | Be Korea-savvy
Longer Working Hours Hurt Productivity: Study

Longer Working Hours Hurt Productivity: Study

SEOUL, Feb. 19 (Korea Bizwire) — Longer hours of work don’t necessarily increase labor productivity, research showed Thursday. In fact, working 52 hours per week resulted in less productivity than working 40 hours. A joint research team from the Catholic University of Korea Seoul St. Mary’s Hospital and Seoul National University’s school of medicine conducted [...]

S. Korea’s Labor Productivity Growth Slows on Lack of Investment, Innovation

S. Korea’s Labor Productivity Growth Slows on Lack of Investment, Innovation

SEOUL, May 4 (Korea Bizwire) — South Korea’s labor productivity growth has sharply slowed over the past decade due partly to a lack of investment and innovation, a study suggested Monday. According to You Hye-mi, a professor from Seoul’s Hanyang University, the country’s labor productivity rose at an annual average of 2.67 percent between the [...]