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Business Daily

Chile's move to a 40 hour work week

Feb 27, 2024
18:26
Snipd AI
Exploring Chile's transition from a 45 to a 40-hour work week, with insights on the impact this has on work-life balance, happiness, and productivity. Hear from workers and businesses in Chile about the positive and negative implications of this gradual reduction in working hours.
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Podcast summary created with Snipd AI

Quick takeaways

  • Chile is implementing a gradual reduction from a 45-hour work week to a 40-hour week by 2028 for improved work-life balance and productivity.
  • Businesses are facing challenges in adjusting to new working hour regulations, with small businesses considering hiring part-time workers and monitoring economic impacts.

Deep dives

Chile's Transition to a 40-Hour Work Week

Chilean politicians approved a law requiring businesses to cut their work hours gradually from a 45-hour week to a 40-hour week by 2028, aiming to improve work-life balance and productivity. Companies have flexibility in reducing hours annually, with a deadline to reach 44 hours by April. Small businesses like Pastelier de Villa face challenges as they adjust to new working hour regulations, considering hiring part-time workers and potential impact on pricing.

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