New study: Munich boasts an impressive work-life balance
Second place in new study: Munich's USPs
(August 8, 2019) Munich delivers an excellent work-life balance: This is the finding of a new study in which Munich ranks second in the world, trailing only the Finnish capital Helsinki. But what factors contribute to such an excellent quality of life here on the Isar River?
Only Helsinki offers a better work-life balance
When looking for a new place to work, few aspects are these days more important than a healthy work-life balance. All kinds of factors can play a part in making people feel happy and at home in the place where they live and work. In Munich, most of these factors seem to be positive.
A new work-life balance study produced by Kisi puts the Bavarian capital in second place worldwide – beaten only by the Finnish capital Helsinki. Achieving an overall score of 98.32 out of 100, Munich was thus out in front of cities such as Oslo, Hamburg, Stockholm, Berlin, Zurich, Barcelona and Paris.
Low unemployment, little stress: Where Munich scores
Kisi based its study on a broad base of data, including data from the World Health Organization's (WHO) “World Happiness Record” and from the Organisation for Economic Co-operation and Development (OECD). Three criteria – work intensity, society/institutions and livability – were assessed to determine the work-life balance in each city.
The work criterion examined factors such as employees' average working week, which is 41 hours in Munich. It also looked at minimum vacation entitlements, the unemployment rate – where 2.3 percent gives Munich the lowest figure of all 40 cities assessed – and the duration of paid parental leave.
The social factors included aspects such as healthcare and gender equality, while a sense of safety, residents' satisfaction ratings, air pollution and recreational value were among the considerations determining cities' livability. Munich has a remarkably low “City Stress Score” of just 15.8. No other city in the ranking exposes its residents to similarly low stress levels. Which is nice to know!