A recent study highlights different attitudes towards work for EU countries and the Global South. The study chairperson is urging European leaders to start tackling serious issues sooner rather than later.
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00:00The Global South are more satisfied with their work-life balance than EU countries, according to a recent study.
00:07The study, carried out by AMROP, a leading global leadership and executive search consultancy,
00:12conducted the Meaning of Work study with 8,000 participants across Germany, France, Poland, the UK, the USA, China, India and Brazil.
00:21What surprised us, and that's really a wake-up call, is this, let's call it a leadership crisis in certain countries,
00:29so the non-willingness to step up and have the wish to go into a responsible role, be it in business or be it in politics or wherever,
00:43that is something we really have to look at. How can we change that dynamic as societies in the West?
00:51We saw that less in the US, but we saw that in Germany, France and somewhat Poland.
00:55And that's a wake-up call and, as I said, I think we should take that serious and do something about it jointly.
01:02With the development of AI and demographic shifting, such as the retiring of the baby boomer generation and Gen Zs entering the workforce,
01:10societies are going to have to embrace changes all around.
01:14I think we cannot underestimate what's coming. If we look at demographics, we see what's coming.
01:22We'll have to have more people that we bring to certain of our countries.
01:26With the education, you cannot build it all yourself, we'll have to.
01:31It's a debate that's ongoing and we have to be a bit more innovative.
01:35What I liked in the study, and I was surprised to see actually in a positive sense,
01:39that it seems to be that still a country like Germany is an attractive country for other geographies,
01:47the other countries we talk to, and we should see that as an opportunity.
01:51According to the study, countries and age groups are united in their motivation to work, rooted in a good salary and interesting jobs.
02:00Farin urges European leaders to start tackling serious issues sooner rather than later.
02:06One of the topics we really have to talk about, and I know that's not always popular,
02:11but that people might have to work longer, in certain countries at least, or in particular European markets.
02:18I'm not saying they have to, but again, allow for a more independent mind.
02:24So if people want to, how can we foster as governments, as society, that opportunity?
02:30There's ideas on the table, I mean, less taxation when you do extra, when you go about the 67 what it is here, or 65 or 63.
02:39I would definitely say let's look at that, let's create more initiatives, and we need to really do this now.
02:45I mean, we can't wait. I think we are still a bit too careful in addressing these issues.
02:51Probably because it's not so popular, but we have to talk about it.