Dead Cat Bounce? Oil Prices After King Abdullah's Death

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Wednesday, 3 September 2014

Work Smart, Not Hard: Korea's OECD-Worst Productivity

Posted on 17:30 by Vicky daru
Most office slaves would rather be elsewhere watching Girls Generation music videos.
The stereotype of Asians as colorless "worker bees" toiling away during hours and hours of white collar drudgery is, alas, not entirely made up. Actually, the system gears up young people to expect this kind of mindless effort, e.g., all-important examinations based on rote learning that determine access to higher education and hence future prospects. The workplace is not much better: consider the case of South Korea. Otherwise much lauded for its fearsome export industries and "cool" image, workers there are not particularly productive compared to their OECD peers. In fact, they are bottom of the barrel in productivity:
In 2012, each waged Korean employee worked for 2,092 hours, which was 420 hours more than the OECD average. The numbers were 1,765 for Japanese workers, and 1,334 for the Dutch. Meanwhile, the labor productivity per working hour was US$29.75 as of the end of 2011, whereas the OCED average was US$44.56. The Netherlands’ labor productivity per working hour amounted to US$59.73, in spite of the much shorter hours worked.

According to the Ministry of Employment and Labor’s survey carried out this year, 43.65 percent of employees in Korea worked overtime each day for at least one hour. Fully 25.8 percent of the respondents said that they worked overtime because it was considered natural, while 20.9 percent and 9.4 percent mentioned low work efficiency during working hours and pressure from their senior workers, respectively. Just 25 percent of the respondents answered that overtime work was helpful for their job performance.
Translation: Korean office workers often sit around doing not much of anything during regular work hours, and must also stick around afterwards it if they expect to stick around and be promoted. As a bona fide hater of Dilbert-style white collar office culture--which is generally insipid and unhealthy--I am reminded of the phrase "work smart, not hard" in this regard. If these senseless cultural expectations were dropped, these workers could (a) be more satisfied with their jobs, (b) have more time for their families, (c) use the time they do spend at the office more productively if the culture is oriented around actually doing something and (d) live more fulfilling lives.

Expat Richard Kocken even enumerates seven reasons for this low productivity. Some may strike Western readers as hilarious, but believe me, they are real:
  1. Rigid structures and hierarchy - A byproduct of such rigid corporate structures is constant and unnecessary reporting to senior directors, as soldiers to a superior officer. 
  2. Communication issues - Despite an enforced culture of regular drinking and socializing, Korean companies suffer from a lack of direct, honest, and effective communication. 
  3. Mobile phones and online communication - A silent rule of Korean society is that talking in the office gives off the appearance of not working, and so workers are forced to send messages via the Internet, even if the person they want to talk to happens to be sitting right next to them. 
  4. Hungover workers taking excessive breaks - Korean companies encourage and pay for workers to enjoy after-hour dinners and drinks together on a regular basis, believing that it improves loyalty and interpersonal communication between workers. 
  5. Form rules over substance - During my time at a Korean company, one of the observations that I made was that co-workers would spend two to three days adding in an array of fancy-looking shapes, images, flow charts, and graphs to a PowerPoint presentation that contained roughly half a day of research. 
  6. Poorly-equipped, older graduates - Korean graduate employees, despite extreme competition for jobs, are under-prepared for the workplace, and come with poor research and reporting skills. This is a side effect of an education system based around testing and lack of practical applications.
  7. The Art of Looking Busy - In business or social situations both, Koreans have a penchant for giving off the impression of being busy. Rarely will you meet a Korean that will say they have relaxed recently. Being busy is the desired state and worn as a badge of honor. 
Death by overwork is probably not responsible for the Asian economic miracle, and it's high time that it be spent, well, more productively. Korea got ahead in spite of rather than because of this cultural blind spot. As Korea becomes more developed, I expect that it will come to have a more "European" work-life balance as slave-driving of this sort will no longer be suffered gladly--and for good reason.
Email ThisBlogThis!Share to XShare to Facebook
Posted in South Korea | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Detours to Linking HK, Shanghai Stock Exchanges
    The Hong Kong Stock Exchange has yet to be, ah, Shanghaied The recent turmoil over student protesters jamming the normal course of traffic (...
  • National Debt That's 245% of GDP? No Worries, Japan
    Relaaaaax; it's not as bad as it looks for Japan? Economics Professor Masazumi Wakatabe at Waseda University was prompted to write comme...
  • Professional Stand-In-Liners, a Venezuelan Profession
    "Everyday I dream dipeys don't run out once I finally get into the store." To be sure, professional waiters-in-line are not u...
  • Russia Fun: Ruling on $100B Yukos Expropriation Claim
    Those were the days--and some hope to bring them back. Five years later, we are about to hear the decision on Russia's liabilities from ...
  • East / Southeast Asia's Demographic Bifurcation
    There's are always interesting demographic discussions about the "West and the Rest," but there are also interesting demograph...
  • Dive Contest: Russian Ruble v Ukrainian Hryvnia
    Only the bravest would take a position on the RUB/UAH exchange rate. In the Summer Olympics, they have a popular and quite watchable event c...
  • China Has Exhausted Its Goodwill in SE Asia
    Call it "Escape From the Killing Fields 2": China sending ships to repatriate its workers from Vietnam as anti-PRC riots there re...
  • A Bad Idea: Flying Passenger Jets Over Ukraine
    I am greatly saddened by the loss of Malaysia Airlines MH17 over the airspace of Ukraine. I have been following the disaster since it was re...
  • Sands' Sheldon Anderson 1, Online Gambling Stateside 0
    The US nanny state and a casino mogul combine to frustrate online gambling Stateside. For a long time, I have covered attempts to regulate I...
  • Egypt's World Beggary Tour 2013 Goes On
    The rise and millennia-long fall of the Egyptian Empire continues apace. From the giddy heights of empire catalogued in the Bible to its pre...

Categories

  • Aerospace
  • Africa
  • Agriculture
  • Americana
  • Anti-Globalization
  • APEC
  • Caribbean
  • Cars
  • Casino Capitalism
  • Cheneynomics
  • China
  • Commodities
  • Corruption
  • Credit Crisis
  • CSR
  • Culture
  • Currencies
  • Demography
  • Development
  • Economic Diplomacy
  • Economic History
  • Education
  • Egypt
  • Energy
  • Entertainment
  • Environment
  • Europe
  • FDI
  • Gambling
  • Gender Equality
  • Governance
  • Health
  • Hegemony
  • IMF
  • India
  • Innovation
  • Intellectual Property
  • Internet Governance
  • Japan
  • Labor
  • Latin America
  • Litigation
  • Marketing
  • Media
  • Microfinance
  • Middle East
  • Migration
  • Mining
  • MNCs
  • Multiculturalism
  • Neoliberalism
  • Nonsense
  • Outsourcing
  • Paris Club
  • Religion
  • Russia
  • Sanctions
  • Security
  • Service Announcement
  • Socialism
  • Soft Power
  • South Asia
  • South Korea
  • Southeast Asia
  • Sports
  • Supply Chain
  • Technology
  • Trade
  • Travel
  • Underground Economy
  • United Nations
  • World Bank

Blog Archive

  • ►  2015 (16)
    • ►  January (16)
  • ▼  2014 (295)
    • ►  December (21)
    • ►  November (27)
    • ►  October (27)
    • ▼  September (24)
      • Cultural Commodification: Mickey in Myanmar
      • So, When Does Russia Exhaust Its Forex Reserves?
      • Drill Baby Drill! In the Philippines' Disputed Waters
      • Hong Kong Phooey: Rebel Yell vs Tycoon Pushback
      • Next Stop ¥120: Pol Eco of Weak Japanese Yen
      • Unionizing & Daytimizing Philippine Outsourcing [?]
      • G-77, Vulture Funds and a Default Workout Mechanism
      • Jeff Koons & Hokum as America's Defining Character...
      • Lose Money Quick Scheme: EU Airlines in, er, Europe
      • The Fate of French-Made Warships Ordered by Russia
      • Ruble in Trouble; Russia Raids SWF Soon?
      • Unpaid Advert: IMF's Lagarde Plugs IPE
      • Bitcoin Crashed, But Will Apple Pay Take Off?
      • Can German-Style Apprenticeships Save America?
      • BRICS Fight, Brazil v PRC: 'Valemax' Cargo Ships
      • Poland's Turn to Experience Russian Gas Pains
      • Counting Illicit Outflows from Brazil, 1960-2012
      • Reviving Japan: From Abenomics to Womenomics
      • Fee for Westerners on the 'Jihadi Highway': $25
      • Zimbabwe Blues: Comrade Bob Mugabe, IMF & PRC
      • 'Sterlingization' of an Independent Scotland
      • Work Smart, Not Hard: Korea's OECD-Worst Productivity
      • Stimulus+: Give People, Not Banks, Wads of Cash
      • UK 'Hypocrisy': Not Punishing UK-Based Russian Oli...
    • ►  August (24)
    • ►  July (28)
    • ►  June (27)
    • ►  May (27)
    • ►  April (29)
    • ►  March (23)
    • ►  February (18)
    • ►  January (20)
  • ►  2013 (183)
    • ►  December (15)
    • ►  November (17)
    • ►  October (19)
    • ►  September (21)
    • ►  August (14)
    • ►  July (17)
    • ►  June (16)
    • ►  May (8)
    • ►  April (9)
    • ►  March (13)
    • ►  February (14)
    • ►  January (20)
  • ►  2012 (4)
    • ►  December (4)
Powered by Blogger.

About Me

Vicky daru
View my complete profile