The more you work the higher your earnings?

According to common sense, the more time you spend at work, the higher earnings you hope to get. Cross country comparison shows opposite result. The higher is the number of hours worked by employees, the smaller are their wages. For example, Greece, with its 5.5 hours, is among top 10 countries having the longest work day. Nevertheless, per capita income in Greece much lower compared to Netherlands,  Germany, Norway, France or Luxemburg, where one employee works no more than 4 hours per day. The key point here is a level of labor productivity, which in Netherlands almost 2 times higher compared to Greece.

*Number of hours worked per day is culculated as number of hours worked per person per year / 365 days.