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Future at work: more diversity and fewer hours

Research points out that companies’ staff will be more diversified and work fewer weekly hours in the future - and all that together will increase productivity

Comprehensive research carried out by consultancy firm McKinsey in 2017 shows that diversity is a highly valuable asset to companies. According to the survey, companies with gender diversity-oriented policies are likely to increase profits by 21%; with ethnic and cultural diversity-oriented policies, they may profit 33% more than the average. And when diversity is employed in leadership roles, the outcome is even greater.

Shrinking working hours is a practice that is to be adopted more often soon. An experience conducted by New Zealander company Perpetual Guardian showed that reducing working hours from five to four weekly days improved the staff quality of life by 45%, reduced stress and increased commitment and productivity.

Content published in May 31, 2019

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