Stressed out: Work anxiety costs business big in absenteeism, turnover, low productivity
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Loading ...Cool. Now there is a value to stress and work anxiety. At a bill of … $300 billion a year!
Stress in the workplace is costing American business $300 billion a year.
That is the figure the American Psychological Association puts on the loss of productivity, absenteeism, turnover and increased medical costs caused by stress at work and one in four has called in sick as a result of stress. Talk about productivity.
Causes of stress, the association said, include job uncertainty, cost-cutting, a relentless demand for higher productivity and the proliferation of communications tools — e-mail, cell phones, Blackberries — that blur the boundaries between work and home.
[tag-tec]American Psychological Association[/tag-tec] (APA) recommends that companies can help by offering flexible schedules, providing assistance with childcare, helping employees with personal financial issues, and providing flexible leave options beyond those mandated by law.
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