Dying for a Paycheck: How Modern Management Harms Employee Health and Company Performance—and What We Can Do About It
Hardcover – March 20, 2018
In one survey, 61 percent of employees said that workplace stress had made them sick and 7 percent said they had actually been hospitalized. Job stress costs US employers more than $300 billion annually and may cause 120,000 excess deaths each year. In China, 1 million people a year may be dying from overwork. People are literally dying for a paycheck. And it needs to stop.
In this timely, provocative book, Jeffrey Pfeffer contends that many modern management commonalities such as long work hours, work-family conflict, and economic insecurity are toxic to employees—hurting engagement, increasing turnover, and destroying people’s physical and emotional health—and also inimical to company performance. He argues that human sustainability should be as important as environmental stewardship.
You don’t have to do a physically dangerous job to confront a health-destroying, possibly life-threatening, workplace. Just ask the manager in a senior finance role whose immense workload, once handled by several employees, required frequent all-nighters—leading to alcohol and drug addiction. Or the dedicated news media producer whose commitment to getting the story resulted in a sixty-pound weight gain thanks to having no down time to eat properly or exercise. Or the marketing professional prescribed antidepressants a week after joining her employer.
In Dying for a Paycheck, Jeffrey Pfeffer marshals a vast trove of evidence and numerous examples from all over the world to expose the infuriating truth about modern work life: even as organizations allow management practices that literally sicken and kill their employees, those policies do not enhance productivity or the bottom line, thereby creating a lose-lose situation.
Exploring a range of important topics including layoffs, health insurance, work-family conflict, work hours, job autonomy, and why people remain in toxic environments, Pfeffer offers guidance and practical solutions all of us—employees, employers, and the government—can use to enhance workplace wellbeing. We must wake up to the dangers and enormous costs of today’s workplace, Pfeffer argues. Dying for a Paycheck is a clarion call for a social movement focused on human sustainability. Pfeffer makes clear that the environment we work in is just as important as the one we live in, and with this urgent book, he opens our eyes and shows how we can make our workplaces healthier and better.
“In this urgent and essential book, Pfeffer lays bare the hidden costs of the gig economy, employment instability, and many modern management practices. If you’ve got a job, you must read this book.” (Laszlo Bock, CEO and Co-Founder of Humu & author of Work Rules!)
“This is simply the most important business book I have read in a decade. As Pfeffer’s sharp analysis points out, the relationship between people and organizations is flat-out broken. Offering a range of solutions, Dying for a Paycheck will start a revolution.” (Tom Rath, author of STRENGTHSFINDER 2.0.)
“This profound book on personal well-being and organizational work environments should change how work is done and literally save lives. Using Pfeffer’s insights, employees can take responsibility for their physical and mental health and leaders can create abundant organizations that win.” (Dave Ulrich, Rensis Likert Professor, Ross School of Business, University of Michigan)
“With precision and insight, Pfeffer lays bare the true cost of toxic workplaces, providing a timely wakeup call for any leader who thought a good workplace was simply a ‘nice to have’. As Pfeffer shows, it is a fundamental right in our fast changing society. Dying for a Paycheck is an essential book from one of our greatest organizational scholars.” (Professor Lynda Gratton, author of the The 100-Year Life: living and working in an age of longevity)
About the Author
Jeffrey Pfeffer is the Thomas D. Dee II Professor of Organizational Behavior at the Stanford Graduate School of Business. He has authored or coauthored fourteen books and is a highly sought-after expert on the subject of power and leadership. He is widely considered one of the leading management experts in the world. Pfeffer has been a visiting professor at London Business School, Harvard Business School, Singapore Management University, and IESE. He has served on the boards of several human capital software companies as well as on a variety of public and nonprofit boards. He lives in Hillsborough, California.
Hardcover: 272 pages
Publisher: HarperBusiness (March 20, 2018)
Product Dimensions: 6 x 0.9 x 9 inches
Shipping Weight: 1 pounds