Experiencing Stress at work?
The cost of workplace stress extends beyond absenteeism and low productivity, there are real legal costs, healthcare costs, turnover and accidents that occur and the company can be liable.
“As a result, the authors pointed out, stress results in ‘accidents, absenteeism, employee turnover, diminished productivity, and direct medical, legal, and insurance costs’ that cost the United States $300 billion every year,” American Psychological Association.
This is why overall wellbeing and identify stress in the workplace has become imperative to HR professionals and executive leaders. Can you identify the different types of stress in your organization? Do your leaders know the difference between good stress and unhealthy stress? Do you have an ongoing mechanism in place to identify stressors for employees and leaders alike? Can you name the different types of stresses?
The primary stressors in the workplace consist of work relationships, work-life balance, overload, job security, control, resource and communication, pay and benefits, and the job overall. Stress is easily disguised until it’s too late and the cost and ramification for the employee and the organization are great.
We have a short course at 4i Leadership that will help you with the basics of the 8 primary types of work-related stress. In these courses you will find out what they are and different ways of monitoring them. However, we recommend you utilize our professional services to help guide you through this process, it’s too important not to address.
If you would like a deeper dive into stress for your organization we can provide more literature on identifying it and developing coping mechanisms; however, often the genesis of stress is often culturally imbedded. We recommend employing professional help to identify what types of stress exists, where it’s most prevalent and determining the best course of action for your individual organization.
But for now, enjoy this free course of the cost of stress in the workplace.
Highlighted statistics from the report from U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, Public Health Service, Centers for Disease Control and Prevention, National Institute for Occupational Safety and Health:
- 40% of workers reported their job was very or extremely stressful
- 25% view their jobs as the number one stressor in their lives
- 75% of employees believe that workers have more on-the-job stress than a generation ago
- 29% of workers felt quite a bit or extremely stressed at work
- 26% of workers said they were “often or very often burned out or stressed by their work
- Job stress is more strongly associated with health complaints than financial or family problems