Productivity Is Awesome!

August 3rd, 2010at 07:23am Posted by Eli

Who among us does not love increased productivity?

The shoddy economy is leaving many workers feeling overworked, underpaid — and yet relieved to be employed at all.

“Fewer workers are doing more and more,” said Brett Good, a district president with staffing firm Robert Half, which has surveyed workers on this topic. “You’ve got a lot of people that are working harder, making less money — and you’re getting to a point of frustration.”

Employers have cut millions of jobs since the recession began in December 2007, driven by a drop in business and a desire to shore up costs and boost profits. Although the cost-cutting has helped propel a spate of strong earnings in recent weeks, pleasing Wall Street, it has left those who are still employed struggling to pick up the slack.

Fifty-six percent of Americans have taken on extra duties at work over the past two years because of staff cuts, according to insurer MetLife’s Study of the American Dream, which was conducted in April and released last week.

Employees also are cramming more work into each day. Labor productivity has moved steadily higher over the past two years, according to the Bureau of Labor Statistics.


Most people who are enduring harder says at the office probably are relieved just to be working, said David Bowles, a consultant and co-author of the book “Employee Morale: Driving Performance in Challenging Times.”

“The average worker is probably quite happy to have a job,” Bowles said. “The overriding feeling is (that) whatever’s happening to them, they are not on the other side of that fence.”

“Productivity” sure does sound an awful lot like “fear-driven overwork” to me.  Hey, why hire more workers when you can squeeze your existing ones into doing whatever you want for less pay because they’re deathly afraid of being unemployed?

Entry Filed under: Economy,Labor

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