HR News of the Day

31 August 2011 at 12:58 pm 7 comments

| Peter Klein |

A somewhat disheartening report on US workplace safety:

The Bureau of Labor Statistics has its fascinatingly morbid fatality census report out! Are you a manager of some sort? Watch your back, because the study says if you die on the job, there’s a 10% chance it’s murder.

That’s correct. Out of the 4,547 workplace deaths in 2010, 10% of the kaput management was a direct result of homicide. Gulp.

Gizmodo has all the macabre details. If you prefer bureaucratese, head right to the BLS press release. But what about the stock-price reactions?

Entry filed under: - Klein -, Management Theory, Strategic Management.

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7 Comments Add your own

  • 1. Adam Martin  |  31 August 2011 at 1:03 pm

    There’s another variable to include when accounting for executive compensation.

  • 2. Randy  |  31 August 2011 at 10:13 pm

    I don’t see why this would be disheartening.

  • 3. lukasneville  |  1 September 2011 at 12:03 am

    There were 533 total managerial deaths in 2010, of which 10% (~53) were homicides. This differs by 1% from the share of workplace deaths attributable to homicide across *all* occupational categories (11%).

    I have no idea why the management figure would have been of particular interest here.

    If you want a more interesting figure, look at the proportion of workplace deaths attributable to homicide among food-service employees (40%) and retail employees (62%).

    http://bls.gov/news.release/cfoi.t03.htm

  • 4. Peter Klein  |  1 September 2011 at 12:11 am

    @Randy: spoken like a former department head!

  • 5. FC  |  1 September 2011 at 5:24 am

    “Kill my boss? Do I dare live out the American dream?” – Homer Simpson.

    Maybe I can somehow work this into an article for the forthcoming “Simpsons and Economics” book.

  • 6. Rafe’s Roundup September 2 or 3 at Catallaxy Files  |  2 September 2011 at 5:01 pm

    […] Workplace safety in the USA. 10% of deaths at the managerial level are murders. Watch your back! […]

  • 7. Thon Brocket  |  4 September 2011 at 5:52 am

    …that is, 10% were detected homicides.

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Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
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Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
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Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
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