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In perhaps the biggest no-kidding study of this young century, a recent study indicates that job satisfaction is at an all time low.

Can we just say, no kidding?

Job satisfaction is down. Scratch that. It’s not down. It’s plummeting, according to The Conference Board.

The Conference Board’s survey polled 5,000 households, and found that only 45% were satisfied in their jobs. That’s down from 61.1% in 1987, the first year the survey was conducted.

A total of 61 percent of the workforce is looking for a way out!

But it gets worse. Workers younger than 25 were the most unhappy in their jobs. These are our future. They’re saying they don’t have one.

And I say it’s all good news.

Read more…

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When CEO was in Egypt land… let my people go.

Typically, we write about how to break free from the employer-employee relationship. With new technology moving us toward a Wealth Singularity and more computing power available to everyone, there has never been a more opportune time to create and run a solo business and optimize your own personal financial affairs.

But you can’t discount the power of a well-motivated group.

A new book may indicate that larger companies can catch on to employee liberation theology.

Freedom Inc., reviewed in the article, Capitalist Liberation, in Forbes Magazine, seizes on the counter-intuitive idea that control, while a natural human reaction, leads to innovative paralysis.

The authors, Brian M. Carney and Isaac Getz, report that companies that have tighter controls have lower productivity, lower morale, and lost opportunities.

What’s the solution to out-of-control control?

Read more…

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No, really.

A recent study indicates there are three times as many psychopaths in corporate leadership positions than there are in real life.

According to an article in the Investors Business Daily, psychologists Paul Babiak and Robert Hare report that many of the same traits of psychopaths are common among chief executives. Those traits include a lack of empathy and an absence of guilt.

Does it sound like someone you know? Someone that signs your checks, maybe?

Babiak said, “In our group, 3.5 percent had sufficient psychopathic personality traits that they reached the cut-off for psychopathy.”

In the total population, that number is 1 percent.

There are several reasons that these personality types are attracted to positions of power.

• They gravitate toward positions of power.
• They will not let ethics hinder performance, which tends to produce short-term gains and long-term messes. (See Bernie Maddoff and AIG.)
• They lie. This ability to fabricate makes it easier for them to move up the corporate ladder, rather than pay their dues like the rest of their co-workers.

Another trait of CE-psych-Os is they hide behind a group of enablers and sycophants, further cluttering up the organization.

This study inadvertently points out something else. If you work for yourself, or build residual streams of income so you are no longer dependent on the corporate world, you increases your odds of avoiding psychopaths.

And decrease your odds of working with idiots, too.

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