Self-Motivation
David Goggins
Former Navy Seal
Career Development
Bryan Cranston
Actor
Critical Thinking
Liv Boeree
International Poker Champion
Emotional Intelligence
Amaryllis Fox
Former CIA Clandestine Operative
Management
Chris Hadfield
Retired Canadian Astronaut & Author
Learn
from the world's big
thinkers
Start Learning

90% of Americans would take a pay cut for a more meaningful job

Harvard Business Review recently published a report showing how Americans prioritize meaning in the workplace.

Pixabay Commons
  • The report reveals how Americans increasingly regard meaningfulness as a critical component of jobs.
  • Employees who find their jobs meaningful seem to work harder and stay with organizations longer, the survey shows.
  • The authors list several ways employers can cultivate meaning in the workplace.

How much of your lifetime earnings would you sacrifice to work a job you find always meaningful? The answer is 23 percent, assuming you're like the 2,000 workers who were surveyed in a recent report from Harvard Business Review.

It's a steep number, no doubt, but it's not exactly surprising in light of data showing how American workers have, over the past decade, been increasingly expressing a desire for more meaningful work. The new report, authored by Shawn Achor, Andrew Reece, Gabriella Rosen Kellerman and Alexi Robichaux, builds upon past research on workplace attitudes in an attempt to quantify the changing ways in which Americans prioritize meaning in their careers.

Surveying 2,285 American professionals across 26 industries and a variety of pay levels, the report showed:

  • More than 9 out of 10 employees were willing to trade a percentage of their lifetime earnings for greater meaning at work.
  • Only 1 in 20 respondents said their job provided the most meaningful work they could imagine having.
  • On average, the respondents said their jobs were about half as meaningful as they could be.
  • People in service-oriented professions, such as medicine, education and social work, reported higher levels of workplace meaning than did administrative support and transportation workers.

The employer's perspective

The authors of the new report suggest that employers who provide meaningful jobs to employees will see bottom-line benefits.

"...employees who find work meaningful experience significantly greater job satisfaction, which is known to correlate with increased productivity," they wrote. "Based on established job satisfaction-to-productivity ratios, we estimate that highly meaningful work will generate an additional $9,078 per worker, per year."

The report also showed that employees who work meaningful jobs also seem to work harder and stay with organizations longer:

  • Employees with "highly meaningful" jobs were 69% less likely to plan on quitting their jobs within the next 6 months, and also had longer job tenures.
  • Employees with very meaningful work spend one additional hour per week working, and take two fewer days of paid leave per year.

The authors suggested that employers can cultivate more meaning by strengthening social networks in the workplace, making every worker a knowledge worker, and connecting workers who find their jobs meaningful to other employees.

"Meaningful work only has upsides," the authors wrote. "Employees work harder and quit less, and they gravitate to supportive work cultures that help them grow. The value of meaning to both individual employees, and to organizations, stands waiting, ready to be captured by organizations prepared to act."

LIVE TOMORROW | Jordan Klepper: Comedians vs. the apocalypse

Join The Daily Show comedian Jordan Klepper and elite improviser Bob Kulhan live at 1 pm ET on Tuesday, July 14!

Big Think LIVE

Add event to calendar

AppleGoogleOffice 365OutlookOutlook.comYahoo

Keep reading Show less

Scientists see 'rarest event ever recorded' in search for dark matter

The team caught a glimpse of a process that takes 18,000,000,000,000,000,000,000 years.

Image source: Pixabay
Surprising Science
  • In Italy, a team of scientists is using a highly sophisticated detector to hunt for dark matter.
  • The team observed an ultra-rare particle interaction that reveals the half-life of a xenon-124 atom to be 18 sextillion years.
  • The half-life of a process is how long it takes for half of the radioactive nuclei present in a sample to decay.
Keep reading Show less

LGBTQ+ community sees spike in first-time depression in wake of coronavirus​

Gender and sexual minority populations are experiencing rising anxiety and depression rates during the pandemic.

Photo by Chip Somodevilla/Getty Images
Coronavirus
  • Anxiety and depression rates are spiking in the LGBTQ+ community, and especially in individuals who hadn't struggled with those issues in the past.
  • Overall, depression increased by an average PHQ-9 score of 1.21 and anxiety increased by an average GAD-7 score of 3.11.
  • The researchers recommended that health care providers check in with LGBTQ+ patients about stress and screen for mood and anxiety disorders—even among those with no prior history of anxiety or depression.
Keep reading Show less

The mind-blowing science of black holes

What we know about black holes is both fascinating and scary.

Videos
  • When it comes to black holes, science simultaneously knows so much and so little, which is why they are so fascinating. Focusing on what we do know, this group of astronomers, educators, and physicists share some of the most incredible facts about the powerful and mysterious objects.
  • A black hole is so massive that light (and anything else it swallows) can't escape, says Bill Nye. You can't see a black hole, theoretical physicists Michio Kaku and Christophe Galfard explain, because it is too dark. What you can see, however, is the distortion of light around it caused by its extreme gravity.
  • Explaining one unsettling concept from astrophysics called spaghettification, astronomer Michelle Thaller says that "If you got close to a black hole there would be tides over your body that small that would rip you apart into basically a strand of spaghetti that would fall down the black hole."

Scroll down to load more…
Quantcast