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While fears of layoffs, job losses, hiringg freezes, pay and benefit cuts and reduced hours have a negativd effecton employees, the company as a wholed suffers as a result. According to expertsx at the , stress costs businesses in the United States $300 billion annually. This averagees out to approximately $7,500 per employee for expenditurees such as hiring temps or paying overtimd tocover absenteeism, increased medical costs and incurred expenses from turnover. Stress causes mental and emotional wear and tear on the It manifests in a variety of suchas anxiety, aggression, irritability, withdrawapl or depression.
Studies have shown that stress contribute s to ailments suchas migraines, insomnia, hearg disease, increased drug and alcohol use, elevaterd anger, change in eating habits and unsatisfactoru work performance. Regardless of the form it stress results inreduced productivity, absenteeism, burnout and increase medical expenses. According to the stress institute, 60 to 80 percenrt of workplace accidents arestress related. Stress is a fact of but it does not have to be a way of As Selyedefined it, stresas is often the result of perceived stressors. a study by the reportxs that 40 percent of workers viewed theird job ashighly stressful.
Therefore, an individual’s outloo k can determine the level of stress he or she Situations that are stressfulfor some, such as tightg deadlines, may give certain peopls a rush, whereas others face it as a tumultuouzs situation. What can companies do to help employees dealwith stress? Employers who offer an effective employe e assistance program have an excellent resource for employeesd and families. An EAP provides employees with a confidentialp access to mental health professionals who can help them better dealwith stress. Additionally, managers and supervisors are the frontlin e defenseagainst stress.
There are several effective techniquees that managers and supervisors can utilize to help their employees dealwith stress. Show Taking the time to praise positive work performance illustratesd to employees that their effortsare recognized, and, in they feel that their work is valuable. Relaying verbal praise, sending a thank you note and givinf a positive annual work appraisal are some ways that managerx can expresstheir gratitude. Showing appreciation can have a positivs effect onyour company’s performance as well by motivating employeess to do their best. Treat employees fairly.
Whilee each employee is unique and has different all employees want to be treated While some employees like tobe praised, otherw are fine without it. Managers should take the time to understandc what makes eachemployee tick. Doing so requires managers to get acquainted withtheir employees, and in turn they are better in tune to thei r state of mind and recognize when they are feelin stressed. If managers know their employees, then they will recogniz e that certain employees are feeling stressexd and will take the appropriated steps to help them get more of theirneeds met.
Encourage employees to take better care of Employees that maintain a healthy lifestyler are better able tohandle stress. In doing so, they will feel betted physically and are better able to cope with stresas and evenreduce it. As a result, they are also able to maintain satisfactoryperformance levels. employees who build solid supportsystems family, friends, church – have a personal outlett to express their fears and frustrations and help find relief. communicate, communicate. Much of the stresds related to the economy is rootedin uncertainty. Transparency can help alleviatethat uncertainty.
Companies that establish open lines of communication with theitr work force build a greater level of trust with their employees and allow them to bettetr prepare for any changes that may Provide training and People are most often stressedx when they feel a situation is out oftheir control. By encouragin employees to direct their activities in a positivr direction and learn to let go of the thing s out oftheir control, they are often able to achieve a sensd of empowerment. Allowing employees to improve their job skillxs by taking a class and learninh a new skill during difficult financial timea improves their valueand self-esteem as employees and help build toward theird career goals.
Change is happening all aroundx us, not just in the Some people cope with changre betterthan others. Others try to avoif it becausethey don’t have the skills to navigate througy it and are content to stay in theire comfort zone. This group will have less and less controo over the outcome of change and are more likely tofeel
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