Stress Impact on Business

 

Major corporations have recognized that stress management training can be extremely cost effective. It reduces lawsuits, employee absenteeism, work injuries, health costs, and worker turnover. Plus it improves quality and productivity.

Stress is said to be responsible for more than half of the 550,000,000 workdays lost every year, just from absenteeism not stress related illness. A million workers a day are estimated to miss work due to stress problems.

Burnout - a reaction to job stress, disables/handicaps almost half of all American workers.

60 to 80% of all industrial accidents are due to stress.

Workers' comp payments for job stress, have risen steeply in the last 20 years and may even bankrupt the system in some states. Employers in California have paid out almost $1 billion for job stress legal and medical. Job stress lawsuit payoffs average 4 times the amount of regular injury claims - and 9 out of 10 suits are successful!

40% of employee turnover is due to job stress. Xerox estimates costs to replace high level executives are about one to one and a half million dollars, and that worker turnover average costs are between $2,000 to $13,000 for each worker.

Workplace violence is skyrocketing. Most are directly related to stress. Imagine - nearly two million assaults, killings, and sexual assaults! Murder is now the second leading cause of occupational fatal injuries amongst both sexes, and the leading cause of death for women in the job-place.

Stress management, stress reduction, and stress relief can prevent so many problems.  And prevention is far less costly, and far easier, than the alternatives. 

We also offer corporate stress management & relaxation training and programs.

 

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