Three-day work week? Country by country breakdown of how much we work

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Thursday, July 24, 2014
Netherlands - Average work hours per week: 29. Average annual wages: $47,000
Denmark - Average work hours per week: 33. Average annual wages: $46,000
Norway - Average work hours per week: 33. Average annual wages: $44,000
Ireland - Average work hours per week: 34. Average annual wages: $51,000
Germany - Average work hours per week: 35. Average annual wages: $40,000
Switzerland - Average work hours per week: 35. Average annual wages: $50,000
Belgium - Average work hours per week: 35. Average annual wages: $44,000
Sweden - Average work hours per week: 36. Average annual wages: $38,000
Australia - Average work hours per week: 36. Average annual wages: $45,000
Italy - Average work hours per week: 36. Average annual wages: $34,000
U.S.A. - Average work hours per week: 38. Average annual wages: $55,000
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Three-day work week? Country by country breakdown of how much we workNetherlands - Average work hours per week: 29. Average annual wages: $47,000
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Do you wish your weekend stretched past Saturday and Sunday? The richest man in the world thinks it should.

Carlos Slim Helu, the Mexican telecom mogul worth nearly $80 billion, laid out his three-day workweek argument at a recent business conference. Slim believes a shorter workweek would lead to more creativity and a healthier, longer life. But here's the catch: In exchange for a four-day weekend, the average worker should put in an 11-hour workday, and work until they are at least 70 years old.

Slim's argument goes against the old standard in the United States: five-day work weeks and eight hours a day until retirement at age 65. So would you rather work a three-day work week at 11 hours a day? Or a five-day work week at eight hours a day?

Here's a look at the shortest workweeks around the world, according to a study by the Organisation for Economic Co-Operation and Development.

Netherlands

Average work hours per week: 29

Average annual wages: $47,000

The Netherlands have a standard four-day work week. There are even laws in place that give workers the right to reduce their hours to a part-time schedule, while keeping their job, hourly pay, health care and benefits.

Denmark

Average work hours per week: 33

Average annual wages: $46,000

Danish workers also have a right to at least five weeks of paid vacation each year.

Norway

Average work hours per week: 33

Average annual wages: $44,000

Norway's maternity leave can extend to 43 weeks at full pay, or 53 weeks at reduced pay.

Ireland

Average work hours per week: 34

Average annual wages: $51,000

A drop in full-time farming jobs has caused Ireland's work week average to plummet over the last 30 years.

Germany

Average work hours per week: 35

Average annual wages: $40,000

Nearly one in four German workers are part-time.

Switzerland

Average work hours per week: 35

Average annual wages: $50,000

Swiss workers earn nearly the same as the average American worker, but work 155 hours less each year.

Belgium

Average work hours per week: 35

Average annual wages: $44,000

The Belgium Government created "career breaks". Every Belgium worker is entitled to a one-year paid break during their working lifetime.

Sweden

Average work hours per week: 36

Average annual wages: $38,000

Collective bargaining has pushed for a gradually shorter work week over time, as well as flexible working hours and telecommuting.

Australia

Average work hours per week: 36

Average annual wages: $45,000

The Australian government passed laws giving workers a right to public holidays, severance pay and leave under a variety of scenarios, including community service work.

Italy

Average work hours per week: 36

Average annual wages: $34,000

Overtime is limited to 8 hours. Employers can face fines if workers exceed that amount.

United States

Average work hours per week: 38

Average annual wages: $55,000

Four out of five employees work at least 35 hours a week, and the U.S. is the only developed nation that does not guarantee workers a vacation.

Would you rather work longer hours and less days, or more days and less hours? Let us know in the comments below.