Analytics, Employment, Latvia, Markets and Companies

The average length of entrepreneurs’ working hours differs depending on the region. Entrepreneurs in Riga work the longest hours - eight hours and 28 minutes a day on average, with 48% of them devoting more than eight hours a day to work. In Kurzeme entrepreneurs work eight hours and 25 minutes a day, with 53% of them working more than eight hours a day.

In Pieriga (Riga Region) and Vidzeme entrepreneurs work even hours and 36 minutes on average, in Latgale – seven hours and 32 minutes, and in Zemgale – seven hours and four minutes, with only 32% of entrepreneurs there putting in more than eight hours a day.

The Citadele Index also shows that 58% of entrepreneurs in Latvia had worked on weekends during the past month. The%age of entrepreneurs working on weekends was 68% in the services sector and 48% in the trade sector. Also, 55% of the surveyed entrepreneurs involved in manufacture and 49% in construction admitted to working on weekends.

Owners and executives of large companies are more likely to work on weekends, as 79% of entrepreneurs heading companies with more than 50 employees said they had worked on weekends as compared to 58% of entrepreneurs representing smaller businesses.

The Citadele Index is based on a survey of 750 company owners and business executives, representing firms of different sizes doing business in different industries. SKDS pollster carries out the survey for Citadele Bank.