Extreme Jobs - Final (2)
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Transcript of Extreme Jobs - Final (2)
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Why extreme jobs are on the rise? theekshana
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Many macro factors are behind the rise inextreme jobs
Think the above are copied straight from the cranfield article. To avoidplagiarism shall we add our own words for the above factors? Also shall
we limit them to 3 main factors to save time when explaining?
Social/economic factors
Globalization Technological
advancement Market needs oversocial needs
Consumerism Gendered social
structures
Tightening labormarket post financialcrisis
Organizational factors
High performance worksystems
Performancemeasurement
Competitivepresenteeism
Ineffective work-lifebalance initiatives
Occupational factors
Professionalcommitment andidentity
Occupationalcommunity
Job characteristics Work organization
Source: A review of research on extreme jobs: long hours, intense effort, high challenge, School of Management, CranfieldUniversit
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and in turn shape up the individual factors toinfluence the employees
Economicfactors
Occupational factors
Organization
al factors Individual factorsWork is central to identityPersonal choice (career aspirations?)Extrinsic motivationsIntrinsic motivationsWorkaholism
Demographics: gender, age
Source: A review of research on extreme jobs: long hours, intense effort, high challenge, School of Management, CranfieldUniversit
employee
shall we limit them to 3 main factors to save time when explaining?
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Why people take extreme jobs in first place?thushyanthi
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Extreme jobs offer many benifits, which motivateambitious employees to take up the challenges
challenges Benefits
Sources: 1) The rise of extreme jobs case, 2) The dangerous allure of the 70 -hour workweek, Sylvia AnnHewlett and Carol n Buck Luce 2006
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Research finds high pay is not the biggest motivatorto take up extreme jobs
Sources: 1) The rise of extreme jobs case, 2) The dangerous allure of the 70 -hour workweek, Sylvia AnnHewlett and Carol n Buck Luce 2006
Better to create this table again with colors consistent with the otherslides
Evidence from research and the case.
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and such jobs tend to be self-inflicted andcan become addictiveEvidence from research and the case.
66% and 76% of the respondents in USA and globally respectively, love their jobsand 64% admit the pressure and the pace are self inflicted. Very few felt exploited The winner takes all perception makes extreme jobbers to think only byworking hard will help to reap the disproportionate benefits
Sources: 1) The rise of extreme jobs case, 2) The dangerous allure of the 70 -hour workweek, Sylvia Ann Hewlett and
Building this business in marketswhere no one has done anything
like this before is enormouslyexciting .. An Asian manager
It gives me this rush.Like a drug, itsaddictive.. a seniorinvestment banker
If I can get this to work for thestudio, Ill be the first guy to figure itout. Everyone else who has tried hasfailed. Its my Everest .. a creative
executive
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Should companies encourage, discourage or letit upto employees to decide? Medha
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Even though extreme jobs beneficial to both; in thelong run they spill negative consequences
Such positive consequences will be tangible only in the short run In the long run such extreme commitments will lead to negative
consequences and not be beneficial to both parties
Extreme jobs
satisfy
Companyexpectations:
survival, shareholder
expectations, faceoff competition
Individualexpectations:
Status, power,
recognition, highpay
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Research infact finds such extreme labor comesat a huge cost to the individuals social life
Evidence from research and the case. Social issues disability to maintain home (66% men, 77% women) Weakening bond with children (65% men, 33% women) Weakening bond with spouses (46% men, 46% women)
Health issues Insomnia Anxiety Lack of exercise
alcoholism
I cant even fathom having aboy friend an extreme
jobholder
My dads always exhausted. Hesgone when I get up, and not backwhen I go to sleep.a daughter
of an extreme jobholder
Sources: 1) The rise of extreme jobs case, 2) The dangerous allure of the 70 -hour workweek, Sylvia AnnHewlett and Carol n Buck Luce 2006
I had major anxiety withoutwork..we cut our 10 day
honeymoon to 5 days..anextreme jobholder
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Thus companies should actively step in to strikea proper work-life balance
shall we add a summary of the section managing stress (page 611 inthe book) here?
Sources: 1) The rise of extreme jobs case, 2) The dangerous allure of the 70 -hour workweek, Sylvia AnnHewlett and Carol n Buck Luce 2006
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Will you take up such a job? Iran
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Influence of local macro and micro factors willdetermine the acceptance or rejection of such jobs
Economic factors (We see these factors are beginning to influence our companies)Social and cultural norms Career aspiration (we are comfortable with fixed time working culture and
value social side high. So the extent of your ambitiousness will determineyou taking up such jobs)
Gender (even if local females are willing, social factors will discouragetaking extreme jobs)
Age (young ppl are obviously driven by their passion so they like to work
hard compared to older generation)Organizational/occupational factors
Nature of corporate culture (can relate challenge-hindrance stress theoryand its applicability in SL we see politics, conflicts, red tapes common inSL. These will discourage ppl taking extreme jobs)
(we can only put these factors in a table and explain those in bracket)Sources: 1) The rise of extreme jobs case, 2) The dangerous allure of the 70 -hour workweek, Sylvia Ann