Turnover

Employers who neglect to adopt a hybrid work model may face significant employee turnover. In contrast, companies that allow employees to work from both the office and home—or nearby locations—tend to experience higher productivity levels.

Hellenic Post (ELTA) registered a drop in turnover but also a reduction in losses in 2023, according to the presentation of results for the group on Thursday.

BELGRADE - Serbia's July 2024 industrial turnover was up by 15.8 pct relative to the same month of last year, according to figures released by the national statistical office.

Relative to the 2023 average, it was up by 13 pct.

By sectors, the mining sector registered a 36 pct turnover increase y-o-y, while the manufacturing industry turnover rose by 15 pct.

The overall turnover index in industry in July 2024 recorded an increase of 11.7% compared with the corresponding index of July 2023, according to figures released by the Hellenic Statistical Authority (ELSTAT) on Friday.

The Overall Turnover Index in Industry in July 2023 had decreased by 10.3% compared to July 2022.

The digital labor card is evolving into a powerful weapon in the battle against undeclared overtime work, and consequently in favor of improving workers' incomes.

The underwhelming activity at the Athens Stock Exchange continued Thursday, with the general index closing with gains this time, after two sessions with losses, but with the same low turnover and narrow trading band.

Once more, the Athens Stock Exchange was unable to hold on to early gains, with selling pressure on banks and other blue chips prevailing in the end.

Turnover remained weak and investor interest low. The general index closed at 1,425.36, down 0.50%, on turnover of €100 million. Blue chips dropped 0.76%, while mid-caps rose 0.04%.

Fur companies whose business has been hit by the Russia-Ukraine war will receive state aid ranging from €10,000 to €60,000 provided their 2022 turnover is at least 5% lower compared to the 2017-2019 average.

Hellenic Statistical Authority data on turnover in accommodation and catering show widening economic inequality between tourist destinations and the rest of the country.

Amidst the debate that has opened about how much and what sort of tourism we need, issues of economic inequality will inevitably have their part.

“Somewhat” to “not at all satisfied” with the progress of this year’s tourism season in Halkidiki, more than six out of ten entrepreneurs (65%) in the region say they are satisfied with this year’s season, while 52% expect it to be worse than last year (compared to 19% who expect it to be better and 29% who expect the same results as last year).