There’s a renaissance in modern working taking place.
Today the number of city workers pulling in 60 hour working weeks is half what it was just four years ago.
Just 5% of workers in the City of London say they regularly work more than 60 hours a week – that’s 12 hours a day for anyone wondering – down from 10% in 2012.
“The City’s hard-working ethos hasn’t gone away but it’s becoming far less all-consuming than it used to be,” said Adam Jackson, managing director of recruiter Astbury Marsden.
“The days when you would be frowned upon if you didn’t routinely put in twelve hours a day or even longer appear to be less common.”
Spurred by the rise of technology businesses and startups, many of which offer the freedom and flexibility to work around your family life, the brightest graduates and business people are rejecting the traditional City mindset of long hours for lots of money.
Indeed most City workers asked by Astbury Marsden said they worked a much more reasonable 41 to 50 hours a week.
That’s still above the national average of 37.6 hours, but shows that the general trend of city workers is to work fewer and more sociable hours.
Two thirds of the 950 London workers asked said they get to work from home on a regular basis, up from 46% in 2014.
There are still some workaholics in the world however, with 1% of those asked reporting that they put in more than 70 hours a week in the office (14 hours a day).
There’s always one workaholic in every office.