NEWS

Reports shows Greeks work longer and are paid less than OECD average

People in Greece work 2,032 hours a year, more than the OECD average of 1,776 hours, according to the update of the OECD’s Better Life Index, published on Tuesday.

Greeks also earn less than the average in the 34 countries surveyed, with the average household net-adjusted disposable income of $20,440 (15,887 euros) a year, slightly less than the OECD average of $23,047 (17,914 euros) a year.

The OECD also found that there is a considerable gap between the richest and poorest in Greece as the top 20 percent of the population earns six times as much as the bottom 20 percent.

The index compares the well-being of 34 developed and emerging countries based on eleven categories including housing, income, jobs, education, life satisfaction and work-life balance.

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