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Sec 5-3
The Value of Work
• Why work?
• What is work good for?
• Work: the means for attaining an income, and though
  that income, many other ends that we need and
  desire.
   – Work: to buy food, pay mortgage, buy clothing, pay for a
     child's education, provide health and life insurance,
     educational benefits, and retirement program.
• Instrumental value of work understood as if we would
  continue working if we attained all the other goods.
   – If more efficient substitutes can be found for some activity
     with only instrumental value, we have no reason to
     continue activity.
      • For example if I work only to make money and I inherit a fortune, I
        would stop working.
• What would you do if you won a multimillion
  dollar?
• Why someone such as Bill Gates continues to
  work?
  – Fortune announces its 1999 estimate of Gate’s
    fortune at more than $ 90 billion. Still he
    continues to work full time.
     • Some argue because he wants to increase his wealth
     • Gates gives away significant amounts of money
     • If it’s greed then he would stop giving one away and
       work less
• There is more to work than simply earning
  money.
• People like to work to attain many ends including,
  but not limited to the feelings of satisfaction that
  come from achieving challenging goals
   – When employment can provide these others goods,
     people will continue working even if they no longer
     need the income
   – The instrumental value of work involves many goods
     other than wages and benefits.
      • Think about why people do the work required to run a
        marathon, to teach a child with learning disabilities, to care
        for a dying patient, to run their own business, to be a police
        officer.
• What goods, other than wages and befits,
  come from working?
  – 1. Work is a means to attain goods other than
    income.
     • Goods that have value that can’t be priced, and can’t
       be achieved solely through the money earned by
       working.
     • Psychic goods: feelings of personal satisfaction and self-
       worth, of achievement, self-esteem, happiness,
     • Work an expression of a person’s deepest attitudes and
       character.
        – Many work because that’s the type of person they are:
          character made through work. People are industrious,
          motivated, earnest, active, and creative. A creative and
          industrious person not working is as unlikely as a lethargic and
          lazy person enthusiastically heading off to work.
• Work: social meaning
  – Comes social status, honor, respect, companionship,
    and camaraderie.
  – Aristotle: humans as social beings, and work a major
    activity through which our social nature is expressed.
• Work: some types is more valuable and
  worthwhile to society than others
  – Nurses, day-care providers, social workers, police or
    military personnel which can make great contribution
    to community.
     • Important jobs that any stable community must fill
  – Performance of artists and musicians or work in crafts
    or agriculture: valuable in its own right or for the
    product that results
     • Valuable not only for the product but for quality of product.
• Douglas McGregor: recognized the many diverse values
  attained through work
   – Survival, security, acceptance, by others, association with
     others, friendship, self-esteem, status, respect, creativity,
     and self-development.
• Work referred both to an activity performed with
  diligence and perseverance it can refer to employment.
• Mylo Royko: If through work we attain values why do
  they have to pay us to do it?
• Some jobs hold so much value that people would do
  them for little or no pay.
• Some jobs provide their holder with significant
  meaning and worth.
• Other types of work can be made more valuable
  depending on the circumstances.
• Working conditions: structure of the job,
  salary and benefits, its privileges and
  responsibilities, job security, its institutional
  setting, and its social status can add to or
  detract from a job’s value.
• For many people work is necessary to make a
  living, and because it is necessary the
  possibility of attaining other values often gets
  lost in the pursuit of income.
• What might be the goal of an ethical
  workplace?
• If work is so important for so many reasons,
  should every person have a moral and legal
  right to a job?
• Is it possible to provide all worker with
  meaningful, worthwhile, and highly valued
  jobs?
• If not, are there steps to be taken to make
  work more rather than less meaningful?
• Does business have a responsibility to provide
  employees with meaningful work, or is
  business’s responsibility complete when it
  pays a fair wage for a fair day’s work?
• Three common aspects of the contemporary
  work scene:
  – 1.Few workers have significant choices and
    alternatives open to them in the workplace.
     • Few put their job in jeopardy: people may be put in
       situations where they must accept less than ideal
       working conditions.
  – 2. People today: work many jobs over their
    lifetimes than they were in the past
     • Job mobility: a fact of work life today than it was for our
       parents and grandparents. This is a result of factors
       over which employees have no control
        – Suggests that some of work’s value, income stability and self-
          esteem among others, may be at greater risk today than in the
          past.
• Contingent work: more jobs today are
  temporary, part-time, or subcontracted out to
  this parties.
  – This could be a value-added component to work
    as when an individual can work part time and also
    go to school or providing child care.
  – This can mean that the values and benefits of
    work are more conditional and uncertain.
     • Social values such as camaraderie and social status, can
       be lost or unavailable to part-time and temporary
       workers.

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Sec 5 3

  • 2. • Why work? • What is work good for? • Work: the means for attaining an income, and though that income, many other ends that we need and desire. – Work: to buy food, pay mortgage, buy clothing, pay for a child's education, provide health and life insurance, educational benefits, and retirement program. • Instrumental value of work understood as if we would continue working if we attained all the other goods. – If more efficient substitutes can be found for some activity with only instrumental value, we have no reason to continue activity. • For example if I work only to make money and I inherit a fortune, I would stop working.
  • 3. • What would you do if you won a multimillion dollar? • Why someone such as Bill Gates continues to work? – Fortune announces its 1999 estimate of Gate’s fortune at more than $ 90 billion. Still he continues to work full time. • Some argue because he wants to increase his wealth • Gates gives away significant amounts of money • If it’s greed then he would stop giving one away and work less
  • 4. • There is more to work than simply earning money. • People like to work to attain many ends including, but not limited to the feelings of satisfaction that come from achieving challenging goals – When employment can provide these others goods, people will continue working even if they no longer need the income – The instrumental value of work involves many goods other than wages and benefits. • Think about why people do the work required to run a marathon, to teach a child with learning disabilities, to care for a dying patient, to run their own business, to be a police officer.
  • 5. • What goods, other than wages and befits, come from working? – 1. Work is a means to attain goods other than income. • Goods that have value that can’t be priced, and can’t be achieved solely through the money earned by working. • Psychic goods: feelings of personal satisfaction and self- worth, of achievement, self-esteem, happiness, • Work an expression of a person’s deepest attitudes and character. – Many work because that’s the type of person they are: character made through work. People are industrious, motivated, earnest, active, and creative. A creative and industrious person not working is as unlikely as a lethargic and lazy person enthusiastically heading off to work.
  • 6. • Work: social meaning – Comes social status, honor, respect, companionship, and camaraderie. – Aristotle: humans as social beings, and work a major activity through which our social nature is expressed. • Work: some types is more valuable and worthwhile to society than others – Nurses, day-care providers, social workers, police or military personnel which can make great contribution to community. • Important jobs that any stable community must fill – Performance of artists and musicians or work in crafts or agriculture: valuable in its own right or for the product that results • Valuable not only for the product but for quality of product.
  • 7. • Douglas McGregor: recognized the many diverse values attained through work – Survival, security, acceptance, by others, association with others, friendship, self-esteem, status, respect, creativity, and self-development. • Work referred both to an activity performed with diligence and perseverance it can refer to employment. • Mylo Royko: If through work we attain values why do they have to pay us to do it? • Some jobs hold so much value that people would do them for little or no pay. • Some jobs provide their holder with significant meaning and worth. • Other types of work can be made more valuable depending on the circumstances.
  • 8. • Working conditions: structure of the job, salary and benefits, its privileges and responsibilities, job security, its institutional setting, and its social status can add to or detract from a job’s value. • For many people work is necessary to make a living, and because it is necessary the possibility of attaining other values often gets lost in the pursuit of income. • What might be the goal of an ethical workplace?
  • 9. • If work is so important for so many reasons, should every person have a moral and legal right to a job? • Is it possible to provide all worker with meaningful, worthwhile, and highly valued jobs? • If not, are there steps to be taken to make work more rather than less meaningful? • Does business have a responsibility to provide employees with meaningful work, or is business’s responsibility complete when it pays a fair wage for a fair day’s work?
  • 10. • Three common aspects of the contemporary work scene: – 1.Few workers have significant choices and alternatives open to them in the workplace. • Few put their job in jeopardy: people may be put in situations where they must accept less than ideal working conditions. – 2. People today: work many jobs over their lifetimes than they were in the past • Job mobility: a fact of work life today than it was for our parents and grandparents. This is a result of factors over which employees have no control – Suggests that some of work’s value, income stability and self- esteem among others, may be at greater risk today than in the past.
  • 11. • Contingent work: more jobs today are temporary, part-time, or subcontracted out to this parties. – This could be a value-added component to work as when an individual can work part time and also go to school or providing child care. – This can mean that the values and benefits of work are more conditional and uncertain. • Social values such as camaraderie and social status, can be lost or unavailable to part-time and temporary workers.