Filling up at the pump becomes top water-cooler topic.
By Garry Kranz Comments 0 | Recommend 0
Crippling Crude: The upward spiral in U.S. gas prices is exerting numerous
secondary impacts on employees, according to a Florida State University business
professor. Wayne Hochwarter says obsession with filling their tanks has
employees feeling blue and inattentive on the job. Hochwarter surveyed more than
800 full-time employees this spring, mostly in the southeastern U.S., and found
they were “simply unable to detach themselves from the stress caused by
escalating gas prices as they walked through the doors at work.” In fact, price
gouging at the pump is foremost in the minds of stress-filled workers, prompting
52 percent to abandon summer vacations, 45 percent to halt debt payments and 30
percent to consider “going without basics” of food, clothing and medical
treatment.
About half (45 percent) blame soaring gas prices with causing them to fall
behind financially, nearly 40 percent say their standard of living is
precipitously declining, and one in three would jump at the chance to take a
comparable job closer to home.
Workforce Management contributing editor Garry Kranz is based in Richmond, Virginia. E-mail editors@workforce.com to comment.
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