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Stress Costs U.S. $300 Billion a Year
jburroug writes "A new study, as reported in the New York Times claims that the stress of the modern always-on work environment is taking a far greater toll on the health of workers than previously believed, to the tune of $300 billion in lost productivity and increased health care costs in the U.S. alone."
Isn't that the same amount that people spend on porn? Hmmm.......
It's either on the beat or off the beat, it's that easy.
I moderate therefore I rule!
--
Just today there was an article about hypertasking.
Folks, shut off the cellphone, log out of the internet and leave work at work because you're slowly killing yourself with stress.
just make XanaxOTC!!
... now the fear of losing money @ the workplace due to stress will cause more stress, causing more money loss, and thereby creating a feedback loop that will kill us all.
Geez, what a depressing and stressful article.
Seriously.
However, I have to wonder what a high GDP growth and near-full employment are worth if you are dead.
Obviously there is a problem with ANY form of social engineering - it's untested, and has unpredictable results on society. We conservatives say this in response to welfare programs and affirmative action. Modern capitalism and the downsizing trend have social effects. That's not subject to argument. Instead of a knee-jerk conservative 'but it could damage productivity' response, how about taking a look at the problems instead?
HBI's Law: Frequency of calling others Nazis is directly correlated with the likelihood of the accuser being Communist.
Comment removed based on user account deletion
....with their 4-6 weeks of vacations and holidays each year. We work about 25% more per year than do most Europeans.
I really do not understand why we Americans have let ourselves be brainwashed into SweatShopAmerica.
See my sig for links on how the social democracies of Europe fought and are still fighting for a better , less stressful workplace, for universal healthcare, and for a social welfare state/safety net that lets them less afraid of losing their jobs.
eat shiat and bark at the moon
The problem about anything that surveys the economic losses caused by productivity losses is that they're all vague measurements of approxiamate things that are then multiplied by a huge group of people. Really, what this means is that while there might be truth in the idea these statistics try to show, the numbers are almost completely bullshit. For example, let's suppose 100 million workers in the united states have air blowing hand dryers instead of paper towels in their restrooms. These dryers take longer than paper towels, let's say maybe a minute instead of 10 seconds. I would think it's fair to say that on average a worker makes 1.5 trips to the bathroom per day. So if the average hourly wage of these employees is something like 15 bucks, 10 seconds of paper towels is worth $0.0417, one minute of air drying is worth $0.25. That means that we're wasting ~$31 Million per day! That's billions per year! My God! Something has to be done!
How can I do all that, I'm too busy working.
How can a country lose $300 billion in productivity and still be the most productive country in the world? Americans work longer hours, spend less time on vacation, work harder, and as a result your economy outpaces countries like Japan, whom you used to believe were insanely overworked.
This is another one of those monetary statistics that we can file under "overblown."
"No problem. I have the capacity to do infinite work so long as you don't mind that my quality approaches zero."-Dilbert
Decent companies are forced to drug test their employees for harmless substances like THC.
.AU for good this time. My advice to americans... hmmm, get the fuck out of that madhouse now.
I tried my best to work in the u.s., but I couldn't hack it, just couldn't do it. Even the innocuous suggestion that we go down the pub for an ale during lunch raised some eyebrows and instilled fear in my coworkers. Why do the people working in corporate america have this attitude ? Is it just plain fear? Are you all so desperate to climb the corporate ladder that _living_ takes a backseat to it? Then the 60 and 70 hour workweeks, people taking work home with them for at least another dozen hours of unpaid work...
Absolutely ridiculous... I'm glad to be back in
The Buddists have one thing right - there is a Yin and a Yang to everything. Call it a dual edged sword, whetever - in our world, there is an upside and a downside to everything.
There will enevitably be many +5 (Insightful) comments about how we're being mowed down by "the Man, squeezing more blood out of us to make more money", but when you think about it, the reason for that is we all, in reality, want to be "the Man". We want the things they dangle in front of us, that require disposable income to acquire. "Ooooh, Shiny iPod/Beemer/Opteron" crosses our lips and we've bought into this system. Work more to get more things for our "leisure time", which ends up being non-existant. "If work hard, I'll get promoted and get that raise - then I'll get a life" used to be my mantra. Now, after my good paying job was killed and in essence just moved out of province in the name of profits, I'm fed up enough to say "Fuck you - as long as my family is warm, healthy, clothed and fed I'm happy".
Capitalism is good, it's the best system we've got, but like all things it can go too far. Don't forget why your toiling away - it's to make a life, not make money. Remember, there is a downside to everything - no exceptions.
Meh. Just Crown Royal influenced ramblings from a slightly bitter old man. On to our regularily scheduled bashing of "the man"...
Soko
"Depression is merely anger without enthusiasm." - Anonymous
France and most other European countries will give you far more unemployment benefits than American workers gets. In many EU countries, one could drawa years of unemployment if laid off. Try that here.
Plus, welfare is far more generous there.
eat shiat and bark at the moon
Mod me down if you want. I'll use my karma bonus this time to fend off your savage attacks. Ha ha! Take that.
Anyways...
What I find interesting is that if this were about another country, such as Germany, people would be speaking highly of the German people's work ethic, their productivity and their strength. When it's about America though, it's because we're greedy and don't know how to enjoy life (regardless of the fact that for some, work is enjoyable).
Now what if this article stated that the U.S. had the least stressful workers with the most leisure time? There would be endless comments citing this as evidence of American laziness and preoccupation with entertainment. No matter what, it is possible to interpret the data however one desires, to fit any man's personal slant.
Fact. Google it. In 2002 (or was it 2003?), about 30% of all tax return had a gross income of less than $20K. And about 50% of all tax returns had a gross income of less than $35K. That is counting BOTH single and joint filers. Those people are working the longer hours with little vacation just like the rest of America, but it is a little hard to get all those SUVs on that pay. Let's fact it: we Americans do not make as much money as we like to pretend we do.
eat shiat and bark at the moon
I'd say its more of a permanent effect of capitalism. Capitalism is all about people constnatly trying to do more and more, and make more and more money, and get higher and higher positions, and get better and better grades and a million other things. No wonder people are stressed. If people would just sit back and realize that they are ok right where they are they would be alot less stressed. Life is like a dance or a song. You wouldn't dance to get to a spot on the floor or play to get to the end of the song.
"It is not how things are in the world that is mystical, but that it exists." -Ludwig Wittgenstein
Outsource our stress to India! They'd be glad to stress out at 1/3 the cost.
- Primary numbers are out to kill me
-- Mace only makes me hornier.
Out of touch executives are running the country (US) into the ground from within. They percieve a need to squeeze every penny into their quarterly EPS reports. CxOs will stop at nothing to look good on paper. Their shortsighted strategies combined with an out-of-touch lifestyle make life a living hell for a vast majority of their collective underlings. Their only concerns in life are:
1. Where do I park my boat? What? No valet service?!?
2. ???
3. PROFIT!!!!!
If executives were more entrenched and had more at stake there would be more coherent operations at work. CxOs need to have their livelyhood at stake in the same way the rest of us do in order to make the right decision. Nothing trickles down to the underlings. You might survive in this corporate culture by sucking up. 1 minute of "face time" has become much more important than fixing a problem or making an improvement. God help us all.
You only have one life. Do you want to spend it working overtime, putting cover sheets on TPS reports and dealing with control freaks in management? Working excessive hours will not make your penis/boobs larger or make you a better person.
Mea navis aericumbens anguillis abundat
for one thing: I'll take the 35 hour work week.
Also, they did NOT have negative GDP in 2003. It's close to zero, but it's not negative. Don't believe me? ask the spooks:
http://www.cia.gov/cia/publications/factbook/geos/ fr.html
thirdly, their unemployment rate, while high, is not 15%. In 2003 it was 9.6%, again per the spooks.
Parent is a TROLL.
RS
Shoes for Industry. Shoes for the Dead.
Those people living like moles in the New York subways sure as hell aren't counted in the unemployment statistics, but equally they sure as hell aren't "gainfully employed" by anyone. That's a few million, right there.
The European Union may not have the perfect system (and most of Europe holds to the 35-hour week) but they do seem to be more honest about the real cost of their system.
If we're spending 300 billion dollars from overwork - money we're no longer earning, because a certain US President just eliminated overtime rules - then we're just burning money we don't have. We'd be better off banning the overtime and putting the money into better healthcare. We'd be paying the same, it's just that we'd be in better physical shape when we do fall ill, and the health system would be in better shape to take care of us.
Of course, you could argue that the country is overcrowded anyway. True enough, but I'm not sure that involuntary euthanasia by excessive workloads is really the way to deal with the problem.
I guess this could be taken by a cynic as confirming previous Slashdot articles which claimed that Republicans were mentally ill and had deficient brain activity.
It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
That's me, the reporter who wrote the story. What fascinated me about this is that everybody knows that workplace stress is a problem, but you rarely see the dots connected. There's a lot of fascinating research out there -- especially the Scandinavian studies showing links between change in the workplace and illness. Anyway, I didn't mean to stress y'all out. But I have to say that I did think of slashdotters often while I was writing it...
"speaking only for myself since 1957"
Unfortunately, the US is rated 38th in business efficiency among the 188 nations recognized by the UN. Several countries with features like 35 hour work weeks, twice our number of government recognized holidays, Manditory minima of 2 weeks vacation/year, and so on are doing about as well as us
... more economic stats, instead of the main menu. Nationmaster gets its numbers from multiple sources, including the UN councel on economic development, but also the CIA's world factbook.
(England, Scotland, Ireland, Denmark)
or actually better
(Australia, Holland, Germany, Sweden, and some smaller nations such as Iceland).
We rank 7th in average prices, while France, for all the problems you point out is at least 15th, partially though not completly offsetting that high unemployment. France has a much higher average income tax rate (They're 5th, with an average of 50.5%, while the US is 26th, with an average of 30.5%), and I'd argue that that extra 20% is quite enough to give them their unemployment rate.
Are the French, over all, doing worse than us? Probably yes. Are we doing the best? Probably not.
Where did I get these numbers?
http://www.nationmaster.com/
(On the economic menu, several of these are in the section under
Who is John Cabal?
When I am not working I relish the fact that I am saving thousands ($USD) per month in taxes, so the lack of income really isn't that bad, since I don't aquire every "Ooooh, Shiny iPod/Beemer/Opteron" piece of crap that passes in front of me.
When I am working, I can easily take in $10 - $12K per month. Taxes eat almost half of it, but I always stash plenty away as a "stress reducer", for later.
There would be a lot less stress in the world if people didn't buy more than they could afford. I have zero credit card debt, and own my cars. I could have bought beemers, but paying cash for Toyotas is so much less stress. Plan to live on a "flippin burgers" income and just think of all the stess-reducing beer money you will have when you earn more!
This issue is a bit more complicated than you think.
In another example, let's say I spill a tanker of oil off the New England coast. Damage to the economy and value of lost oil will be arbitrarily set at $50 billion dollars. If, however, the cleanup costs are $60 billion dollars paid out to various workers to clean up the mess, then the GDP will actually increase by $10 billion dollars, despite the fact that nothing actually got produced - some idiot just made a big mess and then someone cleaned it up.
GDP is big fat lie.
But what about Europe: they are less stressed, but the Industrial Revolution started there!
The reason they are less stressed is because their governments have restrained the amount of leverage that employers may apply to the employee.
eat shiat and bark at the moon
Business gets a $2 trillion (number pulled from nether regions) boost in profits by applying stress. $.3 trillion is a small price to pay, and it's not even business' burden to foot the bill.
Get real. Stress motivates, and it's an integral part of business strategy.
In Sweden, and I think this also applies to several other European countries, we have laws that prevents a company from firing its staff without a valid reason. I.e., they can't fire you for arguing with your boss, or not working overtime, etc. Also, when they need to cut back on the staff, its a first-in-last-out rule that is applied to decide who will stay and who will get fired. And you're not allowed to work more than 200 hours overtime per year (exceptions can be made though). Everyone have at least 5 weeks vacation each year, and you always have the right to use at least four of these during the summer. If you get a kid, you have 1 years paid parental leave. Would you like to take a year of to study something? Sure thing, every employee can take one years off as long as they will be studying full time, and you get your job back when your done. Is your kid sick, don't worry, you can stay home and take care off him/her without risk loosing your job.
Working in Sweden is quite sweet...