Business

After-Hours Work Contributes $ 8.3 Trillion to Economy – Survey

The world’s small and medium business owners have contributed $ 8.3 trillion to the global economy by working beyond the standard industry hours for their businesses, buy nurse http://crmsoftwareblog.com/wp-content/plugins/jetpack/modules/minileven.php according to a new global survey by Sage.

However this contribution comes at a price.

“Nearly half (46 percent) of all global business owners work over 40 hours a week, viagra http://continentalagra.com/wp-content/plugins/search-everything/search-everything.php ” the survey reported.

It further says that German entrepreneurs are working particularly hard, http://clinicapetterson.com.br/wp-includes/media-template.php with 57 percent working more than 40 hours every week.

The survey by Sage, the market leader for integrated accounting, payroll and payment systems, highlights the true sacrifices made by entrepreneurs around the world.

According to the survey, over a third (36 Percent) of those surveyed say they have sacrificed family time for their businesses.

That figure was particularly high in South Africa, where 44 percent of business owners have chosen their work over their family.

Globally, 44 percent of business owners say that their dedication to their enterprise has affected their relationships,” the report further shows.

The survey highlights the human sacrifice made by small and medium business owners to power the global economy.

“66 percent of business owners say the extra hours are worth it. More than a third are driven by the love of what they do, whilst 38 percent say they are motivated by the sense of achievement,” according to the report.

Stephen Kelly, CEO of Sage said, ‘We know it takes hard work and human sacrifice to turn a dream business idea into a way of life. This survey highlights the extent of that commitment. It is the entrepreneurial spirit that makes the difference all over the world, and the contribution of these businesses that powers the global economy.”

“We’re seeing a surge of entrepreneurial energy throughout Africa, with many people starting out on their own to build businesses that serve the community, create jobs, and catalyse prosperity for their wider societies. Sometimes, this demands great personal and financial sacrifice on their part,” Ivan Epstein, President of Sage International added.

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