The Cost of Employee Stress
There's a toxin eating away at the bottom line of your company: chronic stress. It's something that usually evades attention, but the toll of stress is huge on budgets and individuals. Stress is the biggest cause of long-term absence at any organization. Some 90% of workplace disabilities are the result of illness, not injury, many set off by stress.
The cost of stress-related absenteeism, sick leave, lost productivity, presenteeism, and employee turnover is a staggering $407 billion a year, reports U. C. Irvine's Peter Schnall. Health costs for employees with high levels of stress are 46% higher. Those costs go higher when talent leaves because of stress. Forty percent of turnover is due to stress.
Stress also kills engagement, drives conflict and mistakes, prevents complex decision-making, and physically weakens your team. It suppresses the immune system, increases the bad cholesterol, and decreases the good kind. Stress can lead to heart attacks, strokes, back pain, IBS, insomnia, depression, and a long list of serious health issues.
Programs to Manage and Prevent Stress
The good news is that there are very effective tools to manage and prevent stress, and our programs bring them to you. Proven self-management processes for individuals and smarter work organization for companies can dramatically reduce stress, because the vast majority of it is preventable. In one study, a stress management program cut absenteeism by 22% and increased productivity 6% (Rost, 2004).
A good stress management program can stop the drain on health, productivity, and bottom lines caused by stress. A program conducted by St. Paul Fire and Marine Insurance for 22 hospitals cut medication errors by 50% and decreased malpractice claims 70%.
Job stress is triggered when a demand, or stressor, threatens to overwhelm capacity to cope. A deadline, something someone says, a setback on a project, and on the organization side, lack of support, unrealistic timetables, excess responsibilities—can set off stress. When the response is activated, an ancient part of the brain believes your life is in danger.
That perception may seem very real, but it's a false alarm almost all the time when it comes to work stress, since job demands are seldom a matter of life or death. The stress response was designed for another time and place, an African savanna millennia ago, and doesn't know how to process the social stresses of the modern world.
Turning Off the Danger Signal
When the danger signal driving the false alarm is shut off, the stress stops in four minutes. Our stress management programs show how to do that with the best cognitive, behavioral, and physical techniques. Learners get tools to:
• Identify and reframe stressors
• Build resilience amid change
• Control crisis mentality and false urgency
• Change "explanatory style" to stop stress in the act
• Stop burnout and rebuild depleted resources
• Build better time management
• Deploy the most effective stress-reduction practices
• Increase optimism
• Manage difficult people
Stress Management Makes Stress Optional
Our stress management programs build the skills and practices essential to reducing job stress. It's not the stressors that are setting off our primitive defense mechanisms; it's our reaction to them. That's something we can change. Clearly, there are external factors that drive stress—from lack of time to get tasks done to overload—but how we respond to them is key.
Stress is highly contagious, something that is passed along through departments and organizations. It subverts intellect, puts emotions on a hair trigger, makes it hard to plan or see the big picture, and sets off a cascade of medical bills. Studies show stressed-out employees are more likely to be absent from work, and spend 26% more on physicians and 27% more on specialists.
Take Charge of Stress in Your Organization
Your organization can stop the hidden toxin of stress with a proactive management plan. Click the "Price Quote" button at the top of the left column for details on how a stress management training could benefit your organization. Find out how much much healthier, focused, and productive your team can be.