
Hosted by Jay Shetty
Written by a model from the transcript; not yet reviewed.
Jan-Emmanuel De Neve, professor of economics at the University of Oxford and Director of the Wellbeing Research Centre, joins Jay Shetty to discuss findings from the world's largest study on workplace wellbeing and the World Happiness Report. De Neve presents data showing the US has tumbled out of the top 20 in global happiness rankings, with American youth now ranking 62nd or 63rd if measured alone, while those over 60 remain in the top ten.
The conversation covers the logarithmic relationship between income and happiness, with diminishing returns kicking in around $100,000–$150,000. De Neve highlights a 53% increase in dining alone in the US over two decades and shows that the number of shared meals per week is as predictive of life satisfaction as income or employment status. He presents a 10-year causal study of British Telecom call center employees demonstrating that a standard deviation change in weekly wellbeing produced a 12% increase in sales, rising to 20–25% for tasks requiring social and emotional intelligence. The episode also covers why only 19% of senior leaders actually act on workplace wellbeing despite 87% saying they care, and how investing based on workplace wellbeing scores has outperformed the S&P 500 since 2020.
De Neve closes by arguing for a four-day work week, noting that productivity has increased fivefold since the five-day week was established but the time gains have gone to shareholders rather than workers.
Youth Rank 62nd in Happinessdata
US youth would rank 62nd or 63rd in the World Happiness Report if measured alone, while Americans over 60 remain in the top ten globally.
Income's Logarithmic Effect on Happinessinsight
De Neve explains that each equal increase in wellbeing requires doubling the income increment: $20K to $40K, then $80K to $160K, then $160K to $320K for the same happiness gain.
US data shows a 53% increase in dining alone over two decades, with under-30s now almost twice as likely to eat solo compared to twenty years ago.
Growth Without Happiness Predicts Upheavalstory
Egypt had near double-digit growth before the Arab Spring, and Hong Kong's GDP grew 60% in a decade before the 2019 riots, yet wellbeing was dropping in both cases.
87% of Managers Say They Caredata
An HBR survey found 87% of senior managers say they care about their people, but only 19% actually have wellbeing as a strategic priority with actions behind it.
BT Study: Feeling Better Boosts Salesdata
A 10-year study of BT call center employees found that a standard deviation change in weekly wellbeing led to a 12% increase in weekly sales, and 20–25% for tasks requiring social and emotional intelligence.
In-N-Out Workers 20% Happierstory
In-N-Out Burger workers report about 20% higher workplace wellbeing than workers at other hamburger chains doing the same job, attributed to how they connect with people and camaraderie.
Wellbeing Scores Beat the S&P 500data
De Neve and his team found that investing solely based on workplace wellbeing scores of US listed companies outperformed the S&P 500 and NASDAQ since 2020.
We’ve been taught that success at work is what leads to happiness, but in reality, it’s how work actually feels that shapes the rest of our lives. Jay sits down with Jan-Emmanuel De Neve, Professor of Economics and Behavioural Science at the University of Oxford and Director of the Wellbeing Research Centre, and almost immediately, they land on something most of us feel but rarely say out loud: work takes up the majority of our lives, yet very few of us actually feel good while doing it. Jan shares a striking reality - less than a quarter of people report high levels of wellbeing at work. More importantly, how you feel at work doesn’t stay there, it follows you home. It shapes how you speak to your partner, how you show up for your kids, even how you engage with the world around you. This conversation isn’t just about jobs or careers, it’s about the emotional tone of our lives, and ultimately, our society. Together, they explore why so many people, especially younger generations, are struggling right now. While it’s easy to point to social media, Jan challenges that idea and points to something deeper: rising costs, uncertainty about the future, and a growing sense that the path forward isn’t as clear as it once was. There’s a quiet anxiety about whether hard work still pays off. In a world full of answers, the real skill now is asking better questions. It’s a subtle yet powerful shift, from chasing certainty to embracing curiosity. Jay and Jan unpack the relationship between money and happiness, revealing a truth that feels both grounding and surprising: beyond a certain point, more money doesn’t lead to more fulfillment. What we begin to crave instead is connection, meaning, and time, the very things we often sacrifice in the pursuit of success. In this episode you'll learn: How to Improve Your Wellbeing at Work Without Changing Jobs How to Find Meaning in Work That Feels Repetitive How to Build Stronger Connections in a Lonely Workplace How to Balance Ambition and Wellbeing Without Burning Out How to Redefine Success Beyond Money and Status How to Ask Better Questions in an Uncertain Future How to Create a Workplace Culture People Actually Enjoy How to Stay Happy Even as Responsibilities Grow How to Make Work Feel More Human and Less Transactional How to Protect Your Energy While Still Performing at Your Best When you begin to prioritize those things, even in small ways, you’ll notice something powerful: your energy changes, your perspective shifts, and your life starts to feel more aligned. Why does workplace wellbeing matter? Find out the answer here: http://whyworkplacewellbeingmatters.com/ The World Happiness Report is the world’s foremost publication on global wellbeing and how to improve it. To learn more, visit https://www.worldhappiness.report/ Learn more about interdisciplinary research on wellbeing at the University of Oxford by visiting https://wellbeing.hmc.ox.ac.uk/ With Love and Gratitude, Jay Shetty JAY’S DAILY WISDOM DELIVERED STRAIGHT TO YOUR INBOX Join 900,000+ readers discovering how small daily shifts create big life change with my free newsletter. Subscribe here: https://news.jayshetty.me/subscribe Check out our Apple subscription to unlock bonus content of On Purpose! https://lnk.to/JayShettyPodcast What We Discuss: 00:00 Intro 01:33 What Actually Makes Us Happy? 03:11 Why Young People Are Struggling 05:40 The Rising Cost of Education 08:09 Skills That Matter More Now 11:11 How Much Money Is Enough? 18:46 Why Are Youth People Less Happy? 21:14 The Hidden Cost of Loneliness 29:42 Why Feeling Good at Work Changes Everything 33:15 What Great Leaders Do Differently 36:14 Most Leaders Get This Wrong 46:17 What Actually Makes Work Feel Good 50:41 The Biggest Lie We Believe About Work 54:34 Remote Work Is Breaking Something We Didn’t Expect 58:16 Does Your Work Follow You Home? 01:00:13 The Signs You’re in a Toxic Workplace 01:00:41 Why Your Work Feels Meaningless (And How to Change It) 01:04:25 The Truth About Work-Life Balance 01:07:00 What Actually Matters at the End of the Day 01:08:45 Jan on Final Five Episode Resources: LinkedIn | https://uk.linkedin.com/in/jan-emmanuel-de-neve-76b3651 X | https://x.com/jedeneve See omnystudio.com/listener for privacy information. Learn more about your ad choices. Visit podcastchoices.com/adchoices
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