A new study finds that the live-fast, die-young model of overworking employees doesn't pay off--even in the short term. Try these alternative ways to motivate your staff.
There's a certain glamour to burning the candle at both ends, living fast, working ridiculously hard, playing hard, and, perhaps, burning out young.
And it doesn't just apply to rock stars. It affects plenty of business owners too.
Sure, you know pushing your employees to work 60-plus hour weeks or to continually create without recharging their brains isn't sustainable, but perhaps you're calculating that the short-term gains from this big push will make up for the reduced productivity or staff-turnover costs down the line.
But if that's what you're thinking, according to new, in-depth research your math is wrong. The Towers Watson 2012 Global Workforce Study looked at 32,000 employees across 30 countries to see how engagement affects productivity (and profits) over the long haul. The HBR Blog Network summarizes the findings:
Via donhornsby, Bobby Dillard, David Hain