Economists put in a lot of overtime
Records of overtime hours should also be kept to improve coping at work and to extend working careers. Nearly 60 per cent of highly educated employees feel close to a severe burnout at least occasionally.
How much do economists work?
- The average weekly working hours of economists working full-time are 41.3 hours.
- 20 per cent of economists work 44–50 hours a week.
- 4 per cent of economists work more than 50 hours a week.
- In managerial positions, the weekly working hours exceed 40 hours.
- 39 per cent of the respondents of the Salary Level Survey are not compensated for their overtime or the compensation is regarded as included in the basic salary.
(The numbers are based on the respondents' assessments of their own working hours in their main occupation in The Finnish Business School Graduates' Salary Level Survey on member pages.)
A lot of overtime is worked in managerial positions
The Finnish Business School Graduates' Salary Level Survey reveals that the weekly working hours of people in managerial positions exceed 40 hours.
You can advance in your career even if you take care of your rights as an employee. Our personnel representatives at workplaces are good examples of how economists who are aware of their rights as employees can advance in their careers: many of them have advanced to supervisory duties as personnel representatives.
At normal workplaces, keeping overtime records and claiming overtime compensation should not cause problems. A good employer believes that there should also be life besides work. A lot depends on the workplace culture and the supervisor's attitudes, however.