Luxembourg ranks first in Europe for its work-life balance
17 November 2023
Luxembourg’s attractive work-life balance
With a high minimum wage, ample days off or a generous maternity leave, Luxembourg employees have the best work-life balance, according to a new European work-life index.
According to a new study by Remote, an international human resources platform, Luxembourg has earned the top spot in their 2023 “European Life-Work Balance Index”. Luxembourg received an index score of 85.26 out of 100, followed by Spain (78.63) and France (77.19).
Traditionally referred to as “work-life balance”, Remote has coined the term “life-work balance” as a greater number of people increasingly put their personal life over their work/career life. Remote stated, “The European continent is fast becoming a place that puts life before work: a truly healthy and productive balance.”.
Scoring work-life balance
The importance of work-life balance is gaining momentum as employees try to manage their professional and personal commitments. To assess and create the index, Remote factored in 8 key indicators. These are:
- Healthcare
- Minimum wage
- Maternity leave
- Statutory annual leave
- Sick pay
- Overall happiness levels
- Average working hours
- LGBTQ+ inclusivity
Luxembourg offers the best work-life balance
Luxembourg’s first place ranking is due to scoring well across all key metrics, particularly regarding statutory maternity leave (100% of the employee’s wage for 20 weeks) and statutory annual leave (26 days + 11 public holidays).
Additionally, Luxembourg received high scores for its high hourly minimum wage of €14.86 (ranked globally in the top 5) as well as its happiness score of 7.4, making Luxembourg one of the most content nations in Europe (ranked globally in the top 10).
With one of the highest GDP 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.
Report: Remote 2023 European Life-Work Balance Index