Press Release Archive
R.I.P. 40-Hour Work Week
PGi Survey Reveals the Traditional 9-to-5 Work Week is a Distant Memory
Jul 14, 2014
ATLANTA, July 14, 2014 /PRNewswire/ -- A recent survey by PGi (NYSE: PGi), a global leader in collaboration software and services for over 20 years, revealed that the traditional 40-hour, 9-to-5 work week is now a thing of the past for the vast majority of American workers. In fact, 71% said they take work home at least one day per week. Rest in peace, 40-hour work week.
- 88% of survey respondents said they work more than 40 hours per week.
- 71% said they work more than they prefer.
- 63% eat lunch at their desks.
- 61% commute more than 30 minutes each day, with nearly 25% clocking in at over an hour.
- 60% rely on technology to automate processes to be more productive (calendar apps, project tools, intranets, etc.).
- Only 16% said they would reduce the number of meetings to improve productivity.
View the full survey results here: http://bit.ly/workweeksurvey
The eye-opening survey results prompted PGi to launch its #TakeBack60 campaign, dedicated to providing productivity tips, technology resources and work-life balance ideas to help workers reclaim 60 minutes from their overworked week. What will workers do with that extra 60 minutes? According to the survey results:
- 64% said they would spend more time with family.
- 64% said they would exercise.
- 31% would pursue a hobby.
- 24% would catch up on household chores.
- 22% would learn or improve a skill.
"As mobile technology evolves and workloads increase, the traditional 40-hour work week is giving way to a new reality for workers: longer hours and increased stress from constant connectivity," said Sean O'Brien, PGi executive vice president of strategy and communications. "Smart business leaders understand that the most important investment they can make is in their people. We believe that when workers have the tools and tactics they need to work smarter—not harder—they can reclaim time in their week to focus on their families, personal wellness or pursuing a hobby. With more productive and satisfied employees, businesses can unlock the true potential of their human capital investments, including faster innovation, higher growth and market leadership."
PGi is a diligent supporter of flexible work and the technology and techniques that make the new era of work a positive reality. Join PGi for a happier and healthier summer season at blog.pgi.com/tag/takeback60.
The "Take Back 60" survey consists of online responses from 617 U.S.-based PGi customers. Questions were distributed and collected in June 2014. For complete survey methodology, including weighting variables, please email email@example.com.
About Premiere Global Services, Inc. │ PGi
PGi has been a leading global provider of collaboration software and services for over 20 years. PGi's cloud-based software applications empower business users to connect, collaborate and share ideas and information from their desktop, tablet or smartphone, enabling greater productivity in the office or on the go. PGi has a global presence in 25 countries, and its award-winning solutions provide a collaborative advantage to over 45,000 enterprise customers, including 75% of the Fortune 100™. In the last five years, PGi has hosted more than 1.1 billion people from 137 countries in over 250 million virtual meetings. For more information, visit PGi at pgi.com.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties, many of which are beyond our control. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in PGi's forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological changes and the development of alternatives to our services; market acceptance of PGi's SaaS products, including iMeet® and GlobalMeet®; our ability to attract new customers and to retain and further penetrate our existing customers; our ability to establish and maintain strategic reseller and distribution relationships; risks associated with challenging global economic conditions; price increases from our telecommunications service providers; service interruptions and network downtime, including undetected errors or defects in our software; technological obsolescence and our ability to upgrade our equipment or increase our network capacity; concerns regarding the security and privacy of our customers' confidential information; future write-downs of goodwill or other intangible assets; greater than anticipated tax and regulatory liabilities; restructuring and cost reduction initiatives and the market reaction thereto; our level of indebtedness; risks associated with acquisitions and divestitures; indemnification claims from the sale of our PGiSend business; our ability to protect our intellectual property rights, including possible adverse results of litigation or infringement claims; regulatory or legislative changes, including further government regulations applicable to traditional telecommunications service providers and data privacy; risks associated with international operations and market expansion, including fluctuations in foreign currency exchange rates; and other factors described from time to time in our press releases, reports and other filings made with the Securities and Exchange Commission, including but not limited to the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2013. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We do not undertake any obligation to update or to release publicly any revisions to forward-looking statements contained in this press release to reflect events or circumstances occurring after the date of this press release or the date of the statement, if a different date, or to reflect the occurrence of unanticipated events.