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Transcript of Greece presentation complete1
HR in Greece
presented by Isabel Comas, Mert Firat, Shawanna Harvey, Steve McKennis
and Rae Williams
Location
Source: http://www.state.gov/r/pa/ei/bgn/3395.htm
History and culture
History and culture
Ancient Greece and Influence
Country Profile The Hellenic Republic Flag Population of 11.2 million Greek language Greek Orthodox Christianity Parliamentary Republic
Source: http://www.nybg.org/botany/mori/ecotours/Crete_06/Greece_Mani/Mani_landscapes1.htm
Greece Today
Greece Today
Ethnic Identity
Multiple Occupations
War of Independence
Source: http://www.greekcacti.com/
Greek Life Today
Urban settlement
Home ownership
Public/Private distinction
Food for guests
Music and dance
Family first
Education
Patriarchal society Source: http://www.townandcountrytravelmag.com/vacation-ideas/best-vacations/greek-islands-summer08
Greek Business Today
Traditional management styles
Loyalty
Meetings/Emotions
Vertical information flow
Eye contact and distance
Business meals: do not talk business
Punctuality Source: http://www.investingreece.gov.gr/default.asp?pid=25&la=1&n=238
Hofstede Indices
Distance Index (PDI) = 60
Individualism (IDV) = 35
Masculinity (MAS) = 57
Uncertainty Avoidance Index (UAI) = 112
Economy
Members of EU
Monetary Unit = Euro
GDP (2009) = $333.4 billion 35th Worldwide 76% Services, 21 % Industry
Labor force = 4.9 million
IMF Beneficiaryhttp://topnews.com.sg/content/21589-greek-economy-shrinks-others-hike
Economy
GDP Makeup 40% Public sector 15% Tourism 3% EU aid
Imports/Exports 3:1
Largest Partners Germany Italy
http://www.guardian.co.uk/business/2009/nov/30/greece-economy-budget-deficit-fears
Economic Crisis
GDP Growth 2003 – 2007 = 4% 2008 = 2% 2009 = (2.9%)
Deficit (2009) – 13.7% of GDP
Inflation – 1.2% (2009); 4.1% (2008)
Unemployment (2009) – 9.5%http://www.ritholtz.com/blog/2010/02/the-crumbling-greek-economy/
Economic Crisis
Unpopular Economic Reforms government spending size of public sector tax evasion health care and pension systems competitiveness through structural
reforms to the labor, product markets
Lowest possible credit rating (4/2010)
$147 billion Emergency Loans from IMF and Euro-zone governments
Source: http://www.praguepost.com/business/3701-greek-dance-with-default-shifts-burden-to-other-eu-members.html
Prime Minister of Greece,
George Papandreou
Economic Challenges
Actual implementationof policy changes
Public unrest
Labor Unions
Source: http://www.washingtontimes.com/news/2010/mar/08/europe-plans-its-own-crisis-fund/
Greeks in Crisis
Overview of HR in Greece
New economy
New jobs
Economic development
Economic outlook
Source: http://www.nationmaster.com/country/gr-greece
Overview of HR in Greece
Contribution of Labor to GDP per Capita
Source: OECD Compendium of Productivity Indications 2008
Overview of HR in Greece
Development of Human Resources
Businesses and employees
Health system
Gender equality
Employment and unemployment
Young, disabled and unemployed
Women and migrants Source: http://hydrogencommerce.com/index16.htm
Overview of HR in Greece
Quality of production
Talent, employment,training, and development
Employee focus
Employment rate
Quality of human capital Source: http://www.navigator-consulting.com/hr_development_programmes.shtm
Business in Greece
Business in Greece
Business in Greece
Business in Greece
Changes in Business
Careers
Food and Beverage
Banking/Finance
Chemicals
Tourism
Petroleum
Shipping
Technology
Telecommunication Source: http://www.assertive.gr/news-press-releases.php
Recruitment
Personal contacts
Internal advertising
Speculative applications
Temporary work agencies
1-on-1 interview
Sources: (1) http://livingingreece.gr/wp-content/uploads/2007/07/jobs-greece.jpg; (2) http://jobs.justlanded.com/en/Greece/Tourism-Hospitality_Other/Work-as-waitress-all-around-Greece
Compensation and Benefits
Global compensation practices
Large companies benefits
Minimum wage
Seniority/ Marital status
Salaries between genders
Source: http://www.thecourier.co.uk/Community/Higher-education/article/6140/lecturer-awarded-11-000-euros-compensation-by-italian-court.html
Employee Rights
Legal workweek: 40.00 hours (private sector) 37.50 hours (public sector)
Minimum work age: 15 years / 12 years
Holidays: 20 days/year (average)
Paid vacation: 1 month/year
Limits on overtime
Maternal leave: Total of 16 weeks
Parental leave: Up to three and a half months
Lack of formal communication
Terminations subject to government control
Terminations exceeding 2% require approval
Authority of Minister of Labor and Social Affairs
Discipline
Young Workers
Gender pay discrimination
25% in Service Sector
29% in Industrial Sector
Social Justice
Source: http://www.pbs.org/wnet/wideangle/episodes/pickles-inc/women-at-work-in-rural-communities/2492/
Gender pay discrimination
By Sector 25% in Services 29% in Industrial
By Level of Education 17% less with high level 215 less without education
Social Justice
Gender pay discrimination Contributors
Discrimination Low educational levels
Government Intervention Law No. 3488/2006 - Expands the concept of
equality past merely earnings to include ranking systems and evaluations
Greek Ombudsman – settles equal pay issues
Social Justice
Questions?