There are 120,000 excess deaths per year attributed to ten workplace conditions and they cause approximately $190 billion in incremental health care costs. That makes the workplace the fifth leading cause of death in the U.S. — higher than Alzheimer’s, higher than kidney disease.
- Being unemployed sometimes as a result of a layoff.
- Not having health insurance.
- Working shifts and also working longer periods, e.g., ten or twelve-hours shifts.
- Working long hours in a week (e.g., more than 40 hours per week).
- Job insecurity (resulting from colleagues being laid off or fired).
- Facing family-to-work and work-to-family spillover or conflict.
- Having relatively low control over one’s job e.g., workload.
- Facing high work demands such as pressure to increase productivity and to work quickly.
- Being in a work environment that offers low levels of social support (e.g., not having close relationships with co-workers.
- Working in a setting in which job- and employment-related decisions seem unfair.
Both articles report the findings published by Jeffrey Pfeffer in Dying for a Paycheck: How Modern Management Harms Employee Health and Company Performance—and What We Can Do About It.
I have not read the book yet, but I definitely will.
A recent paper from Jeffrey Pfeffer at Stanford and Sanford DeVoe of the University of Toronto argues that promoting an “economic view of time” (that time is scarce and should be thought of in monetary terms) makes us less able to enjoy time off because we always think of it as losing money:
The modern employment relationship generally increases the connection between time and money with important implications for people’s choices about how to use their time, including how much to work and how much to volunteer their time in unpaid activities. Although it may not have been consciously done, modern management seems to have created a hedonic treadmill in which people want to trade time for money and because of thinking of time like money cannot enjoy leisure activities as much.
…the social status of leisure versus work has changed over time so that working is now a status symbol, signaling people’s importance to their organizations—a change that itself may derive in part from how we view time.
via Business Insider.
at the Management Lab‘s conference on “Inventing the Future of Management“:
- Tim Brown, IDEO: Creative people aren’t interested in management.
- Hal Varian, Google: ‘Statistician’ is the sexy job of the 21st century.
- Henry Mitzberg, McGill: We are not living in time of great change. Companies will not save the world.
- Eric Abrahamson, Columbia: Organizations are over-organized.
- Yves Doz, INSEAD: The danger is to think that what’s new is exciting and good, while what’s old is bad and tired.
- Keith Sawyer, Washington University: People are deeply uncomfortable with uncertainty.
- James Surowiecki, The New Yorker: The centralization of decision-making is a conceptual error. Individuals are not better than the collective.
- Jeffrey Pfeffer, Stanford: The language of economics is toxic to the practice of management.
- Kevin Kelly, Wired : Productivity is for machines. If you can measure it, robots should do it.
Question: How should people judge a company’s results?
Answer: By comparison to its peers and by comparison to what its own aspirations are. Companies, as the balanced scorecard notes, depend on customers, employees, investors, suppliers, and others in the ecosystem. It is wrong to give one of those groups priority over the others. Brand loyalty and employee loyalty are both real assets, even if not reflected on balance sheets and income statements. (Ten Questions with Jeffrey Pfeffer)
Related post: Sutton on Pfeffer