In developed economies it's a status symbol to be enduring extreme levels of stress - on a sustained basis. Many U.S. lawyers, software developers, and medical interns proudly flash their stress badges on the way out of work at dawn.
But the glorification of stress could be changing.
The powers that be in U.K. banking are being faced with the reality that heart attacks are up about 10% among employees in their 20s/30.
One female who had been hospitalized three times in one year for health reasons noted that she frequently worked until 4 A.M. That was the expected norm.
When she requested a sick day, the bank refused and an infection traveled to her heart. Here are more details from BusinessInsider.
Yes, after the death of the Bank of America intern who had been putting in crazy hours, banks have focused on how to reduce stress and long long hours. But, obviously, those initiatives aren't effective.
An interesting read on workplace conditions around the world is "Dying for a Paycheck." It's by Stanford Graduate School of Business professor Jerry Pfeffer. He reports that 61% of employees surveyed noted that stress had made them sick and 6% said they had been hospitalized. Here the book can be ordered from Amazon.
In banking that kind of book might be titled "Dying to Get Ahead."
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