search

Remote studyThe index analysis by the global human resources platform Remote shows which European countries offer employees the best life-work balance. It evaluates countries based on eight key indicators: healthcare, minimum wage, maternity leave, statutory annual leave, sick pay, overall happiness levels, average working hours and LGBTQ+ inclusivity.

Luxembourg ranks first among the 30 European countries analysed, with a total index score of 85.26. Spain and France are in second and third place, respectively.

“Famous for being the second-richest country in the world, Luxembourg is an economic powerhouse that is keenly aware of the importance of a good life-work balance. Move here and you’ll experience award-winning wines, unique cuisine (such as gromperekichelcher), and an attitude to work that puts you and your family’s needs first,” notes the study.

Luxembourg also has the highest minimum wage, at $14.26 (USD) per hour, with fair salary arrangements for both fixed-term contracts and part-time employees.

Other reports on Luxembourg’s work-life balance

When it comes to general wellbeing, the Grand Duchy’s standing is corroborated across several other studies. According to publications such as the OECD Better Life Index, which includes a work-life balance category, Luxembourg features in the top 15 countries.

Forbes Advisor examined work-life balance in 128 nations using existing rankings along with factors such as average working hours, minimum legal annual leave, maternity leave, unemployment rate, daylight hours, and more, with Luxembourg ranking 11th.

The World Happiness Report 2023, in which Luxembourg ranks ninth overall, takes into account key variables such as GDP per capita, social support, life expectancy, freedom to make life choices, and touches on other important aspects such as workers well-being.

The Global Liveability Index by the Economist’s Intelligence Unit (EIU) places Luxembourg City in the top 10 liveable cities in Europe, owing to its excellence across areas like stability, healthcare, culture and environment, education and infrastructure. Similarly, the most recent Mercer’s Quality of Living Survey affirms the living standards in the City of Luxembourg, which ranks among the top 20 in over 200 cities evaluated across the world.

Eurofound data on social and work conditions in Luxembourg indicates that the Grand Duchy is well above the EU average in terms of life satisfaction, the ability of employees to choose or change work methods and to accumulate overtime hours for days off work. It therefore comes as no surprise that Luxembourg remains the world’s best for talent attraction according to the most recent Global Talent Competitiveness Index by business school INSEAD.

Photo credit: Pixabay

Read more

Entering the European market with ease

29-11-2023

In recent years, Luxembourg has emerged as a dynamic hub for innovation, boasting a robust ecosystem that encompasses a multitude of incubators, accelerators, specialised agencies, investors, and innovation hubs. This thriving ecosystem has played a pivotal role in nurturing and propelling numerous successful enterprises across diverse industries onto the global stage. Top executives leading some of Luxembourg’s key structures explain what the ecosystem offers and why this might just be the smartest and most cost-effective way for a soft-landing and to gain a foothold in foreign markets.
Read more

Pioneering “gamified neuroscience” for brain disorders

27-11-2023

Luxembourg-based company Myelin-H is developing a revolutionary software technology for the remote monitoring and management of neurological disorders. The company’s CEO, Zied Tayeb, sheds light on the company’s mission to make a difference and how a personal story sparked the conception of his startup.
Read more

Accessing the European healthtech market

22-11-2023

Healthtech solutions are subject to rather complex regulatory requirements guaranteeing health standards and protection in the EU. Luxembourg’s national innovation agency Luxinnovation manages a range of initiatives aimed at supporting healthtech companies from strategy development to European market access.
Read more

On the road to personalised medicine

20-11-2023

In 2008, the Luxembourg government launched its Sciences and Health Technologies Action Plan to diversify its economy, nurture health technology innovation and stimulate the shift towards personalised medicine. Fifteen years later, the country is home to internationally renowned biomedical research centres and a growing community of healthtech companies focusing, in particular, on digital health, digital medical devices and in vitro diagnostics.
Read more

Luxembourg’s rise to 2nd place in the IMD talent ranking

17-11-2023

In the 2023 IMD World Talent Ranking (WTR), Luxembourg moved up five spots to the second position. Its new ranking was influenced by its “strong performance” in the development of homegrown talents and access to an international talent pool.
Read more

Resources all news

Fermer