LATEST BLOG POSTS
Costs of stress
The cost of stress related problems is something which many organisations overlook or appear to accept as a general overhead. This is very short-sighted because it is an area where investing in action to prevent or address the issues will produce a good return on investment.
Here are some statistics which are UK based, but the principles will apply whichever country you are in.
- Stress related causes and issues account for over 1/3 of all work-related illness.
- The estimated cost of £6bn per annum to industry, as a direct result of stress related absence.
- This figure can rise to over £13bn when you consider the loss of productivity!
- Even more concerning is the impact of “presenteeism” – when you factor this in the stress absence costs it totals a scary £26bn!!
- “Presenteeism” costs 105 times more than handling absence.
- There was a loss of nearly 13m working days in total.
- 1 in 5 believe that their job is extremely or very stressful – that is 5 million people!
- Absence in the public sector costs £800 per employee and averages over 9 days.
- Absence in the private sector costs £476 per employee and averages over 6 days.
- When stressed, performance can be reduced by up to 70%.
- Workers are doing 26 million extra hours at work each day!
- 60% are doing an average of 1.5 hours of overtime a day – and 25% are doing 2-3 hours each day. (80% of this is unpaid – worth £225 million each day to employers.)
Building Your Energy Reservoir
Autumn, as in nature is a great time for us to put in place the things that will replenish our energy store for the cold, wet months ahead. Start eating food that is filling and healthy, e.g. soups, stews… Make time to get out in the beautiful, clear light as much as possible. Set up a programme for becoming fitter, based around something you enjoy doing.
Understand what your money is doing right now, and consider ways you can invest for the near future. Produce a realistic plan so that you can spend wisely on the things, situations and people, that will enrich the most important parts of your life over Winter.
Who Energises You?
Remind yourself who the most important people you want to have in your life are. These people will provide the positive energy to help recharge your batteries. Plan how to spend more time with them. Stop investing your valuable time in those who drain the life out of you.