2. Stress and Instability in the Workplace
One could argue that money and career stability go hand in hand, and researchers from Stanford and Harvard would agree. After the experts reviewed the data from a workplace survey entitled, General Social Survey and the American Community, they found a direct correlation between instability at work and stress.
For instance, the survey revealed that workplace conditions were deemed “more stressful” if disparities that challenged stability existed in the workplace. The possibility of getting laid off or reduced work hours was high reported on the list of workplace stressors.
3. Health Insurance and Career Stress
According to the study, the study reported a surprising stress that ranked alongside looming lay offs—and that is an employer-provided health insurance plan. When it comes to decreased life expectancy in the workplace, a large onus was placed on health insurance.
In fact, the study reported that “[Health} policies to encourage healthier psychosocial work environments…should be seriously considered as part of any comprehensive strategy that aims to reduce the extent of these health inequalities.”
4. Blue Collar vs. White Collar Stress
Maybe it’s not earth-shattering news that white collar workers tend to outlive blue-collar workers. However, when you consider that most white-collar jobs are sedentary—a work style largely equated with obesity and other chronic health conditions (i.e., diabetes) maybe it should be.
However, actuarial data from the Harvard-Stanford study confirmed that high-income workers (who also happen to be white-collar, overall) live longer lives than blue-collar, low-income earners.