Impact of Stress on Employer
The World Health Organization calls stress the health epidemic of the 21st century.
The World Health Organization calls stress the health epidemic of the 21st century.
The cost to American employers is estimated at $300 billion per year. It is a hefty price tag comprised of several general factors, including:
- lower productivity
- absenteeism
- staff turnover
- workers' compensation
- medical insurance and related expenses
Stress is the number one productivity issue in the workplace today. Most employers would agree stress links directly to loss of profits.
- Sixty percent of lost workdays each year can be attributed to stress.
- It's estimated that 70 - 90 percent of visits to health care providers are due to stress-related conditions.
The Wall Street Journal recently reported one third of people surveyed considered quitting their jobs because of stress and 14 percent actually did.
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1-5. What is the number one productivity issue in the workplace today?
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