![]() In 2019, the corporate world witnessed a historic high in CEO turnovers, reaching a whopping 1,332-a figure 13% higher than the preceding year, and the highest number since the career-transition and executive coaching firm Challenger, Gray & Christmas, began tracking CEO departures in 2002. 2 if wanted any work/life balance.” Matthew Cooper, CEO of EarnUp, a financial technology platform, stepped down in 2020 when he announced he’d been dealing with mental health issues exacerbated by his demanding role. ![]() Around 2012, Susan Packard, the business brains behind popular channels like CNBC, HGTV, and Food Network, turned down the opportunity to be CEO to spend more time with her son, claiming that she “needed to stop at No. Predictably, this wasn’t a sustainable practice, though it took highly visible CEOs and entrepreneurs to start the process of destigmatizing burnout. No time to pick up groceries? Have an early breakfast at the office. Some offices even contained bedrooms. Too late to go home? Just sleep at the office. Gyms and recreational opportunities were on-site. Toxic productivity, or the belief that too much is never enough, led many to forgo their social lives in the pursuit of overextension, as it was becoming increasingly popular to overschedule oneself, making the hustle less about ambitions and more about optics.Įnterprises like Google and Amazon fed off this frenetic energy and based their entire corporate model around it, spending billions of dollars renovating their offices to create a distinctly homelike environment, blurring the lines further between home and work. Additionally, with the uptick in freelancers, contract employees, and nascent entrepreneurs, time directly corresponded to money made-if you weren’t hustling, you weren’t making money. There was pride in time investment, as it was regarded as a necessary step in the construction of a dream. Success to these young people was more contingent on hard work than it was on salary. A hunger percolated-work for work’s sake-and as millennials graduated and began their careers, they were guided by two values: a laser-focused desire to do what they love, and the misconception that doing what they loved meant working all the time. The recession was in full swing, millennials were entering the workforce, and the digital space gifted tech giants like Elon Musk and Adam Neumann an unprecedented public forum to broadcast their prolific work ethic and the wealth that resulted. Having to work late or pull an all-nighter demonstrated employees’ value and implied their commitment to their careers.įast-forward to the 2010s, or the unofficial advent of Hustle Culture. But the term “work/life balance” as we know it became its own philosophy only recently.Ĭareers in industries like law, medicine, and architecture established reputations early on as high-powered and rigorous, their demanding hours and high-stakes deadlines epitomizing corporate success and creating associations between time spent working and professional satisfaction. Our diets, checkbooks, relationships are all areas in which we strive to find harmony. The idea of balance has always had a firm foothold in human ideals. ![]() It’s become emblematic of a woke work environment-one that acknowledges that an employee base is composed of actual humans, often with spouses, children, and outside interests. The concept of “work/life balance” is so ubiquitous nowadays that businesses erect culture committees to make sure the idea is enforced HR departments are instructed to add the phrase to the end of job postings in an effort to communicate a culture not only of hard work but of good life. ![]() Regardless of deadlines or passion projects, his workday was determined not by his work, but by his hours. ![]() He would come into the office at nine every morning, leave at five, and be inaccessible anytime before and after. ![]()
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