HR News of the Day
31 August 2011 at 12:58 pm Peter G. Klein 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.
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.