Why french people will have smaller pensions despite high productivity

Working hours and vacation daysCityWorking hours per yearVacation days (1) per year

Amsterdam 1,755 24
Athens 1,822 23
Auckland 1,852 20
Bangkok 2,312 7
Barcelona 1,761 29
Beijing 1,979 9
Berlin 1,742 29
Bogotá 1,981 15
Bratislava 1,884 24
Brussels 1,730 20
Bucharest 1,837 26
Budapest 1,912 23
Buenos Aires 1,831 13
Cairo 2,331 15
Caracas 1,879 18
Chicago 1,854 12
Copenhagen 1,674 30
Delhi 2,265 14
Doha 2,166 26
Dubai 2,096 25
Dublin 1,707 21
Frankfurt 1,731 28
Geneva 1,893 20
Helsinki 1,713 29
Hong Kong 2,296 12
Istanbul 2,140 19
Jakarta 2,112 12
Johannesburg 1,887 15
Kiev 1,850 25
Kuala Lumpur 1,986 15
Lima 2,107 27
Lisbon 1,696 22
Ljubljana 1,792 23
London 1,787 23
Los Angeles 1,943 13
Luxembourg 1,788 25
Lyon 1,642 27
Madrid 1,734 30
Manama 1,989 22
Manila 2,246 11
Mexico City 2,375 6
Miami 1,939 12
Milan 1,753 23
Montreal 1,783 13
Moscow 1,800 25
Mumbai 2,251 20
Munich 1,756 26
Nairobi 2,197 22
New York 2,062 13
Nicosia 1,779 22
Oslo 1,749 25
Paris 1,558 30
Prague 1,829 21
Riga 1,806 23
Rio de Janeiro 1,895 30
Rome 1,899 22
Santiago de Chile 2,035 15
São Paulo 1,810 30
Seoul 2,308 14
Shanghai 1,967 9
Sofia 1,894 22
Stockholm 1,795 26
Sydney 1,846 15
Taipei 2,116 11
Tallinn 1,760 28
Tel Aviv 1,966 16
Tokyo 2,012 17
Toronto 1,847 14
Vienna 1,786 25
Vilnius 1,789 24
Warsaw 1,793 23
Zurich 1,887 24


Methodology
Annual working hours including vacation (paid) and legal holidays; weighted
average of 14 professions (excluding primary school teachers)
(1)
 Paid working days (excluding legal holidays)

http://www.ubs.com/global/en/wealth_management/wealth_management_research/prices_earnings/_jcr_content/par/columncontrol/col1/linklist/link_0.1393999310.file/bGluay9wYXRoPS9jb250ZW50L2RhbS91YnMvZ2xvYmFsL3dlYWx0aF9tYW5hZ2VtZW50L3dlYWx0aF9tYW5hZ2VtZW50X3Jlc2VhcmNoL1BfTF8yMDEyX2VuLnBkZg==/P_L_2012_en.pdf