Jeff Bezos. Founder of Amazon. About work-life balance. Or as he would call it work-life harmony.
Job security with a good work-life balance
Classic factors of employee motivation continue to play an important role. A new study shows that every second employee attaches great importance to a secure job. However, only around a third of those surveyed are willing to make sacrifices for this.
Job security is an important motivating factor for every second employee: 52 percent of women and 58 percent of men attach great importance to it, according to the results of the study “The future of work: A journey to 2022”. For the study, the consulting company PWC asked around 2,000 employees in Germany about their ideas about the future of work, 46 percent of whom were male and 54 percent female.
According to the study, however, only around a third of those surveyed are willing to sacrifice their work-life balance for a secure job: 36 percent of the male and only 32 percent of the female respondents say they would be permanent for the prospect of a secure job available to your employer.
By the numbers
A look at the numbers behind remote work and increased vacation time not being the solution to a work-life-balance.
YouTube comments:
“If you want to make real $ there is no such thing as work life balance.”
I quit my $120k job
I decided to quit my job after I realized these 3 lessons. Although I heard of these 3 things before, they never clicked inside my head until these events happened in my life.
YouTube comments:
“If you don’t have a dream, someone will hire you to build their dreams.”
“I think the scariest thing for most people (myself included) is leaving the security of the job that you have. When you sent have another form of income already leaving that job can be terrifying.”
“I can relate to your experiences when you told the story about the interaction with your parents. I have a similar experience and I realized this has gotten worse when I put my well being: mentally and physically on the back burner for work. The biggest turning point for me is when I started to see my parents physical changes from old age; graying of hair, memory declining and just not recovering as quickly as they used to. That’s when I realized I f’d up. The excuses of I’m too busy to see them or the free time that is being sacrificed is for what? To out-compete your colleagues or hustle more than what is expected from the job description? We are expendable as you said. I took a seat back and started to see this toxic culture that it is “ok” to work off hours or be on call at a moment’s notice EVEN when you are on vacation; it’s not ok. It’s starting to crack and wake people up. The pandemic just accelerated it and you see stories of people wanting to take their lives back by pushing for WFH or do what is expected from you. Nothing more nothing less. My point to this story is that this isn’t unique. I feel there are many of us who are feeling this way and it’s not too late to change. Just need to make a commitment and walk that path.”
Why I left my tech job
Tech jobs are known to have some of the most lavish benefits and perks, not to mention some of the highest salaries in the country. Still, that is not enough to keep some millennials from quitting. CNBC Make It spoke to several people who left their lucrative tech jobs to find out why they did it and what they are doing now.
YouTube comments:
“I am 50 years old working in the high tech industry, mentally tired and sick of the weekly 8 to 5 routine. Never got a proper day off even through the pandemic. Hats off to the millenials and GenZ that think differently and put more weight on LIVING rather than just WORKING.”
“As someone who used to work 80 hours a week, quitting my job to become a freelancer was the best thing I have ever done. Sure I still work a lot of hours and often close to 70-80 hrs a week, I feel like I am doing this for myself and not some corporation.”
“I worked a low paying tech job for six years and still felt the burn out. The problem is that tech is very fast paced and competition focused. You can barely keep up. Though I got promoted regularly, my higher ups told me the truth before they left, they said that I was severely underpaid based on my skills (essentially I branded myself a one stop shop for the marketing department as I am both technically knowledgeable, people oriented and strategic). I maxed out at $50K. So I decided to jump ship with little planned. Now I run a financial agency with my husband and we make $250K a year as entrepreneurs and we have the freedom to set our own lifestyle.”
“We don’t want perks. We want more money and we want autonomy. It’s simple.”
Why Most Google Employees Quit After 1.1 Years
YouTube comments:
“I’m surprised that Google have such aggressive deadlines, considering them not having any noticeable new products the past few years, in addition to the closure of many of their products.”
“I disagree with this. My experience at Google was awesome. It was like working on a cruise ship and in my two years I can only remember having to stay late 2-3 times. I only left because once you work at Google other tech companies want you really bad and will pay more to get you.”
“As a current Software Engineer @ Google that started on 02/28/2022, I can see why Googlers quit! It’s hard to past the yearly perk review as a rookie, Junior SWE and if you don’t show steady progression within your role, you will continue to barely pass your yearly perk or even fail! The 5 reasons you mention on here are factual but I would add not passing the yearly perk review or getting a “meet expectations”, then you will most likely quit, because you will feel the pressure to perform at a much higher level. This takes a tole on your mental and emotional health big time! No amount of money is worth your mental and emotional health and feel like you’re going crazy!”
Shanghai … wait, what?
Referring again to this article in the New York Times about how a few major U.S. companies are handling the post-Covid work environment. With some employees returning full-time to the office. Others are working exlusively or almost excluisively from home. And many dividing their time between office and home.
“Though most evidence that remote workers are at a disadvantage is anecdotal, at least one study, led by researchers at Stanford University, suggests they are less likely to be promoted than their in-office peers. In the experiment researchers randomly assigned workers at a large travel agency in Shanghai to work remotely or in the office for nine months. Though the remote workers were 13 percent more productive, putting in more hours and making more calls per minute, they were promoted about half as often as their in-office peers.”
“They can get forgotten,” said Nicholas Bloom, a professor of economics at Stanford and one of the study’s authors.
But wait, what, Professor Bloom? That’s Shanghai. Those are Chinese. What does anecdotal evidence from China tell us about how Americans benefit or lose out if and when working remotely?
Really different in Germany & USA
Vacation, taking sick days, maternity leave…work-life balance is really different in Germany & the USA.
So my question for you is: How do you feel about work-life balance? Is there anyone out there who prefers the way that it’s done in the U.S.? And people with children, what’s the parental leave been like where you’ve lived?
Jeff Bezos work-life
In this Sessions short, Jeff Bezos details why there is no such thing as work-life balance.
YouTube comments:
America’s Overwork Obsession
Work hard, make money, send your kids to college, retire to Florida. it sounds nice in theory, but the reality of work in America is dramatically different from the American Dream we’ve all been taught to believe in.
YouTube comments:
“You aren’t paid by how hard you work, you’re paid by how hard you are to replace.”
“I used to work for a company in Montreal (Québec) that had an important partnership with NY and, you guys, you are INTENSE. This American girl spent three weeks at our office, and she proudly said she would stay in the office until 2 a.m. just to get the project/ do a certain transfer on time instead of waiting the next morning like a regular person (or just tell the client that we were humans beings getting good night sleep at 2 a.m., and postpone the thing.). For her it was perfectly normal, and she looked at us as if we were lazy for going out for beers after work and getting a life. All my American contacts were like that, to different levels, but from our perspective they were always “difficult” to work with because they did not have limits or boundaries with work…I was regularly receiving emails at insane hours from people working in the same time zone as I was, and one girl was impressed that we were NOT doing 12-hour days. In a way it was sad.”
“I’m American now living in the UK. I had the American work mentality when I moved here and everyone thought I was crazy. I felt so guilty taking any of my 25 paid vacations days a year. I would log into my work email whilst on vacation and got told off for it. I got pregnant and only took 6 months of my 9 months paid maternity leave. I eventually calmed down my workaholic tendencies and honestly I feel more balanced. I enjoy my time with my son and husband. We can plan vacations abroad 2-3 times a year and I’m able to shut off as soon as I leave work. Don’t even get me started on healthcare.”