67% Of Professionals Feel Like They “Owe” Productivity

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67% Of Professionals Feel Like They “Owe” Productivity

The ways we measure productivity at work have not changed much pre-pandemic, yet the conditions around work have changed significantly now. Employees have been juggling myriad responsibilities and often have additional caregiving, health and financial concerns, and require the trust of leadership more than ever.

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Q4 2020 hedge fund letters, conferences and more

We see this conversation evolving on Blind, the largest anonymous professional community with 4M users from big tech and financial services.

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A user at Microsoft posted, “We all have days where we are less productive. Something happening in our lives, medical appointments, errands, family or other social problems. We might get distracted or have a tough time focusing. Sometimes we might go down the rabbit hole on a work item or task that isn’t high value, but is personally interesting over less interesting work with higher impact.

Whenever I have those days or slumps, I end up feeling like I “owe” productivity. I have to make up for lost time or effort. So I end up working late hours or doing weekend work. Covid WFH has made this even worse, where I’ve found myself less productive, and have this feeling more often.

Do others share this feeling?”

Do You Ever Feel Like You Owe Productivity?

Here are key learnings from over 1,000 professionals

  • 45% of professionals responded, “Yes, I often feel this way, and make up for lost time”
    • 55% of Apple professionals responded, “Yes, I often feel this way, and make up for lost time”
    • 70% of Oracle professionals responded, “Yes, I often feel this way, and make up for lost time”
  • 22% of professionals responded “Yes, I feel this way sometimes, but also don’t feel the need to do “make up” work”
    • 30% of Google professionals responded “Yes, I feel this way sometimes, but also don’t feel the need to do “make up” work”
  • 12% of professionals responded “No, work life balance is too important to bother with making up for occasional lost time”
  • Only 9% of professionals responded “No, I used to feel this way but have found a way to rationalize it and no longer feel this way”
    • 0% of Netflix professionals responded “No, I used to feel this way but have found a way to rationalize it and no longer feel this way”

You can see the raw data here.

A Vicious Cycle And Domino Effect

An engineer at Snap responded “Yeah, I feel it, but catching up doesn’t work too well because my best energy is gone. It creates a vicious cycle and domino effect. It’s better to cut the losses, plan properly, sleep like a king, and have a great morning the next day.”

A user at JPMorgan Chase shared “I used to feel like this and it would often times give me anxiety. I’ve learned to chill out and as long as I’m not missing any deadline then just try harder tomorrow.”

A Facebook user shared “I used to feel that way but ironically overworking yourself only leads to less productivity because of anxiety, sleep deprivation, and a general loss of interest in my work. Nowadays as long as I am meeting most deadlines I don't worry.”

Remote work may benefit many people, but it doesn't work for all. We have examples in our own teams of employees who can't wait to get back to the office, while others love the ability to work from home. Either way, it seems like guilt and productivity continue to haunt remote workers.

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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