Bensman Risk Management, Inc.


Insurable Interests

Bensman Risk Management, Inc.
2333 Waukegan Road Suite 275
Bannockburn, IL 60015
847-572-0800 Phone
847-572-0502 Fax

Insurable Interests may offer general financial, insurance, tax and business ideas. However, due to the ever-changing tax laws as well as the complexity of the financial industry, you should seek professional advice before implementing any of the ideas contained in this newsletter. The Bensman Group, Bensman Associates Ltd., Bensman Risk Management, Inc. or Schemata, L.L.C. assumes no liability whatsoever in connection with the use of this newsletter.

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Securities offered through Kestra Investment Services, LLC (Kestra IS), Member FINRA/SIPC. Investment Advisory Services offered through Kestra Advisory Services, LLC (Kestra AS). Kestra IS and Kestra AS are not affiliated with The Bensman Group, Bensman Associates Ltd., Bensman Risk Management, Inc. or Schemata, L.L.C.

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Insurable Interests

Vol. 8, Issue 12August 2013

FINANCIAL INTERESTS

Job Satisfaction and Health

A recent Gallup poll suggests that being satisfied in your job is good for your emotional and physical health, according to the website 27/7 Wall Street. Employees who report high job satisfaction also have lower levels of obesity, chronic pain and heart attack. Their job satisfaction contributes significantly to their emotional health, and they also are more likely to report that they get to use their strengths on the job, that they learn new things every day and that their job brings them respect.

Part of the reason for the correlation between good health and job satisfaction is that those jobs with the highest satisfaction also usually provide good health insurance coverage and higher salaries. However, not all careers that bring high satisfaction also bring fat paychecks. Teachers, for example, rank second on the list, although their average salary is much lower than the salary for some professions that rank below teachers.

The top five professions reporting high overall job satisfaction and health are:

  1. Physicians. Some 95.5 percent of physicians report that they are satisfied in their career. They are less likely than those in other careers to report that they felt sad or angry in the previous day. Virtually all – 97.5 percent – have health insurance.

  2. Teachers. About 91 percent of teachers say they are satisfied in their job. They also are the most likely group to report that they smiled or laughed in the past day, and 64 percent say they eat five or more servings of fruits or vegetables at least four days a week.

  3. Business owners. They report a high level of job satisfaction – 93.3 percent – and they rate their work environment higher than other professions do. However, they are more likely to have health problems and less likely to have health insurance than either physicians or teachers.

  4. Professionals other than doctors, teachers and nurses; this group includes attorneys, accountants, architects and engineers, for example. They report a 90.4 percent job satisfaction rate.

  5. Managers or executives. Some 90.3 percent report that they are satisfied with their job, and about 62 percent say that their supervisor treats them like a partner.
At the bottom end of the scale are transportation workers, such as bus drivers, air traffic controllers and flight attendants. Only 88.4 percent of them report being satisfied with their job, and only about 80 percent believe that they use their strengths at work. They also report higher levels of obesity and lower levels of health insurance coverage than other occupations.

This article was created by Osmosis Digital Marketing for use with permission by The Bensman Group.

Photo: iStockphoto.com

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