Health Risks Related to COVID‐19, Psychological Distress and Perceived Productivity

Author:

Park Sarah1ORCID,Koch Michael2

Affiliation:

1. University of Leicester School of Business University of Leicester London Road Leicester LE2 1RQ UK

2. Brunel Business School Brunel University London Kingston Lane Uxbridge UB8 3PH UK

Abstract

AbstractThe COVID‐19 pandemic has affected the lives of billions around the globe. Yet, our understanding of its impact on psychological distress and work productivity remains limited. Using data from two waves of the Understanding Society COVID‐19 study, a representative British survey of reactions to the COVID‐19 pandemic, comprising 5829 individuals, we find that perceived health risks related to COVID‐19 affect the productivity of working individuals negatively via increased psychological distress. Results also show that the extent of homeworking amplifies the negative relationship between psychological distress and productivity. Additionally, we find that the negative relationship between psychological distress and productivity is stronger for self‐employed individuals compared to those who are in paid employment. Psychological distress, self‐employment status and gender jointly interact in reducing productivity, such that self‐employed women experience the strongest decline in productivity. We discuss the implications of our findings in light of supporting individuals to reduce psychological distress and maintain their productivity following the COVID‐19 pandemic.

Publisher

Wiley

Subject

Management of Technology and Innovation,Strategy and Management,General Business, Management and Accounting

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