Dying for a Paycheck book cover

Dying for a Paycheck by Jeffrey Pfeffer Summary

Dying for a Paycheck
Jeffrey Pfeffer
3.72 (585 Reviews)
Business
Health
Leadership
Overview
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Overview of Dying for a Paycheck

Toxic workplaces kill 120,000 Americans yearly. Stanford professor Jeffrey Pfeffer exposes how modern management literally costs lives while draining $300 billion from companies. Embraced by the American Heart Association's CEO Roundtable, this shocking wake-up call reveals why your job might be your deadliest relationship.

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Key takeaways

1

The Workplace Death Toll: A Hidden Epidemic

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Your office job might be deadlier than working in a coal mine. While physical workplace hazards have decreased dramatically-occupational deaths down 65% between 1970 and 2015-a more insidious threat has emerged. Modern workplaces are creating a health crisis claiming over 120,000 American lives annually, making harmful management practices the fifth leading cause of death in the United States. This isn't hyperbole-it's the shocking conclusion from Jeffrey Pfeffer's groundbreaking research in "Dying for a Paycheck." The evidence is overwhelming: workplace stress ranks as adults' number one stress source, with almost one-quarter reporting extreme levels. Nearly half of employees miss work due to stress, 61% report stress-related physical illness, and 7% have been hospitalized from workplace stress. The health impacts of toxic workplaces aren't just uncomfortable-they're lethal. Ten workplace exposures significantly harm health: unemployment, lack of health insurance, shift work, long hours, job insecurity, work-family conflict, low job control, high demands, low social support, and unfair environments. Each independently contributes to decreased life expectancy and increased mortality. Most workplace stressors have health effects comparable to or greater than secondhand smoke exposure-a recognized carcinogen that has prompted widespread public policy interventions. The biggest workplace killers include lack of health insurance (50,000 deaths), unemployment (35,000), job insecurity (29,000), and low job control (17,000). The physiological mechanisms are well-established. While our ancestors benefited from short-term stress responses when facing threats, chronic stress causes consistently elevated cortisol levels that create systemic inflammation and accelerate cellular aging. Research shows chronic workplace stress can reduce telomere length-a key marker of cellular aging-by up to ten years' worth of normal aging. The financial toll is equally staggering-over $300 billion annually to U.S. employers, with nearly $200 billion in healthcare expenses alone. What makes this situation particularly troubling is how companies meticulously track environmental impacts while remaining largely silent about their effects on human sustainability.

2

The Layoff Paradox and Healthcare Crisis

3

The Overwork Epidemic: When More Hours Mean Less Life

4

The Two Pillars of Workplace Health: Control and Connection

5

Breaking the Chains of Toxic Work

6

The Path Forward: Creating Workplaces That Sustain Life

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@Erin, Investment Banking Associate , NYC
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