The hard costs of stress have a major impact on business productivity and performance. Teaching executives and employees how to leverage their workplace stress results in better health, quality of life and long-term success for organizations.
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Workplace Stress -- the $300 Billion Profit Killer
1. Workplace
Stress
The $300 Billion
Profit Killer
“A Worldwide Epidemic”
1996 World Health Organization Survey
“The 20th Century Epidemic”
1992 United Nations Report
2. “The workplace of
today has become
decidedly more
stressful, a reality
that necessitates a
proactive response
from employers and
their disability
insurers.”
Stress Test 2004
Barbara Morris
Human Resource Executive magazine
3. Is Your Stress Alarm Ringing?
Low morale?
Poor communications?
Increase in absenteeism?
Higher turnover?
Declining productivity,
performance?
Increase in workers
comp claims?
More lawsuits,
legal issues?
Increase in customer
complaints?
Rudeness, arguments
among coworkers?
Phone, desk rage?
4. Impact of Stress
Stress Cost Estimates
Range from
$2,700 to $7,500
Per Employee
Per Year
5. Stress Hard Costs
Total Costs of Workers Comp & 19% of Absenteeism
Lawsuits Because of Stress
40% of Turnover
60% of Total Workplace Accidents
55% of EAP
10% of Drug Plan Costs
30% of Short & Long
Term Disability
Source: Research studies; Ravi Tangri, Stress Costs, Stress Cures
Source: Research studies; Ravi Tangri, Stress Costs, Stress Cures
7. Why Take Action?
Stress overload
costs your
company money
Employees want
ways to manage
Too much stress stress
creates
problems
Human
Employee stress
resources
training is cost
concerns
effective
Employees solution
expect
moderate
amount of Potential future
stress legal actions
8. Problem with Most Training
Core dump,
Not simple
too much
enough to learn
info
and retain
Intrusive, No follow-
takes too thru or
much time follow-up
9. Inroads Program
Powerful
proven Quick,
cutting- easy to
edge learn
methods
Did people
learn?
Follow-Up Do they use it?
materials
reinforce What are the
How do we measurable
learning
know? results?
10. Inroads Total Program
24/7 online 60 days Real stress
3-hour learning follow up relief
seminar tutorial, postal mail behavior
quizzes and e-mail change
12. “Companies clearly have a massive problem
on their hands which they cannot afford to
ignore. Unless they implement practices,
policies and procedures to reduce stress, it
will impact on their performance and
ultimately their long-term success.“
Carole Spiers
Former Chairperson
International Stress Management Association
