CSHRP Executive Forum Tuesday, December 4, 2018
Location: TBD 8:30 am - 12 (noon) pm 8:00 am Continental Breakfast
8:30 am Session Begins
11:30 am Networking Lunch
DYING FOR A PAYCHECK
Jeffrey Pfeffer, Professor, Stanford University
Professor Jeffrey Pfeffer will discuss the research and stark findings explained in his new book, “Dying for a Paycheck.” Several aspects of our current work environment, such as long work hours and shift work, an absence of job control coupled with high work demands, economic insecurity (think layoffs and uncertain work schedules), work-family conflict, and not having adequate health insurance, are as harmful to health as second-hand smoke, a known—and regulated—carcinogen. In the aggregate, these and other workplace factors account for some 120,000 excess deaths and $190 billion in costs annually, making the workplace the fifth leading cause of death in the U.S.
Workplace stressors cost employers. Workplace stress leads to turnover. Sick workers are less productive, incur higher worker compensation costs, and miss work more often. Moreover, many of the things that create workplace stress—micromanaging, long hours, and economic insecurity—don’t benefit employers at all. Work hours, beyond a point, are negatively related to productivity. Autonomy, not micromanagement, produces engagement and higher levels of motivation. And research shows that layoffs do not increase stock price, profits, or productivity.
Every employer is in the health care business, because work environments matter for health. Fixing the health care cost crisis that bedevils companies and economies all over the world must go through the workplace. Chronic disease accounts for three-quarters of the health care spending worldwide; chronic disease comes in part from stress and the unhealthy behaviors stress produce; stress comes in large measure from the workplace. It is both possible and necessary to produce healthier, more productive organizations and in the process reduce health inequalities and costs.
This session will include a discussion of the research, the sobering conclusions drawn, and what HR executives can do about it.
Who should attend: This Executive Forum is open to the CSHRP member plus one guest.
About the Presenter
Jeffrey Pfeffer is the Thomas D. Dee II Professor of Organizational Behavior at the Graduate School of Business, Stanford University where he has taught since 1979. He is the author or co-author of 15 books.
Jeffrey Pfeffer has published extensively in the fields of organization theory and human resource management. His current research focuses on the relationship between time and money, power and leadership in organizations, economics language and assumptions and their effects on management practice, how social science theories become self-fulfilling, barriers to turning knowledge into action and how to overcome them, and evidence-based management and what it is, barriers to its use, and how to implement it.