Increased competition in a global setting, along with more demanding customers shaped by rapid access to information, have led companies to no longer compete solely on the basis of products or technology. Nowadays, a first-rate human team is the key to success and the most powerful competitive advantage. Catenon therefore recommends that European companies take note of the changing global landscape and put aside formulas such as the traditional work schedule. As a result, they would become more appealing, as workplaces, to the best professionals.
Scandinavian countries top the list in flexible schedules
According to Catenon consultants, the majority of companies in Finland, Sweden and Denmark have measures in place which allow their workers to work flexible schedules. Countries such as Greece, Portugal and Spain, however, are much less open to workers' flexible schedule demands and barely 10% or 15% of companies have implemented some type of measure in this area.
European countries' family aid: clearly insufficient
In general, European governments have a long way to go in increasing funds destined to family aid. Scandinavian countries in this regard also outperform the rest. Denmark and Luxembourg take the lead with 3.9% and 3.8% of their GDP destined to family aid, respectively. Sweden, Germany, Finland and Austria are in the middle range with 3% of their GDP, followed by France, Hungary and Ireland (2.5%). Further down, below the 2.2% EU average, are Greece and the UK (1.7%), the Netherlands (1.3%), Portugal (1.2%), Italy (1.1%), Poland (0.9%) and, last of all, Spain (0.8%).
A long road ahead for paternity leaves
Maternity leaves have reached reasonably acceptable levels. There is much to be done, however, in the area of paternity leaves in EU-member states. Scandinavian countries again prove to be the most advanced. They issue leaves exclusively for fathers, hoping to encourage their involvement in childcare. This type of paid leave also exists in France, Spain and the UK.
Government and companies: innovation needed in offering nursery services
According to Catenon, nursery service options are unfortunate throughout Europe, with very little variation between countries. It could be estimated that less than 5% of all European companies offer some sort of service to their employees for the care of their children.