Workplace stress is on the rise and it's costing corporate America a fortune. Some estimate that 80% of health care costs are stress related, and these expenses go right to the bottom line.
According to CNN-Money.com, Americans spent more than $17 billion for anti-depressants and anti- anxiety drugs in 2002, up 10% from the year before and nearly 30% over a two year period.
The Institute for Management Excellence reports that American industry spends more than $26 billion each year for medical bills and disability payments with another $10 billion for executive's lost workdays, hospitalization, and early death.
In addition to these staggering figures, stress takes its toll through the added costs of quality control, legal challenges, lost opportunities, poor performance, bad attitudes, and training.
We cannot do much about the skyrocketing costs of medical care and prescription drugs, but we can take immediate action to control the top ten causes of stress as identified by The Global Business and Economic Roundtable on Addiction and Mental Health.
The countdown is:
10. "Workload" ? Employees report that they are often stressed when they have too little or too much to do. Managers need to divide responsibilities and help employees prioritize work that must be done. Make sure you understand the impact before shifting responsibilities. Take into account the cost of stress before you increase anyone's workload or hire more people.
9. "Random interruptions" - Telephones, pagers, walk-in visits, and spontaneous demands from supervisors all contribute to increased stress. Time management, delegation of responsibilities, and clarification of expectations can reduce these stressors. 8. "Pervasive uncertainty" ? Stress levels increase rapidly when people are confronted by new requirements and procedures. Keeping people informed controls stress and increases productivity. Put details in a memo so they can review the facts following your explanations.
7. "Mistrust and unfairness" - These situations keep everyone on edge, create bad attitudes, and lower productivity. It is important to keep an open line of communication to avoid misunderstanding and know what people are thinking about your decisions. Managers must consistently build trust and give equal treatment - just do the right thing.
6. "Unclear policies and no sense of direction" - Lack of focus causes uncertainty and undermines confidence in management. You need more than a well-written policy manual. Enforcement of policies and clear communications are essential.
To make sure everyone gets the message, you can repeat your explanation in a variety of ways ? repetition and feedback are important. Reinforce policies through memos, articles, bulletin board postings, personal meetings, and small group discussions.
5. "Career and job ambiguity" - If people are uncertain about their jobs and careers, there is a feeling of helplessness and of being out of control. In addition to the trusted job descriptions and annual personnel reviews, people need to understand a broad range of issues that affect the company.
News of mergers, consolidations, plant closings, and restructuring contribute to a feeling of helplessness. Management must keep people informed about situations that will affect their jobs, or the rumor mill will add to an already stressful situation.
4. "No feedback - good or bad" ? People want to know whether they are meeting expectations. Consistent, written and verbal, personalized feedback is required. Some people need more attention than others, but everyone's performance is enhanced if leaders frequently affirm individual efforts.
3. "No appreciation" - Failure to show appreciation generates stress that endangers productivity throughout the company. There are many ways to demonstrate appreciation, but the most effective is a sincere comment about how much the person means to you and the company.
2. "Lack of communications" - Poor communication leads to decreased performance and increased stress. Management memos and announcements work well for distributing information, but two-way conversation improves communication and solicits ideas and suggestions while reducing stress and complaints.
1. "Lack of control" ? Workplace stress is at its greatest when employees have no say regarding things that affect them. You can decrease sensitivity to all the other stressors and give a sense of being in control by involving employees in operating and administrative decisions and acting on their input. Frontline employees know what they are talking about. Listening to what they have to say reduces stress and increases productivity.
Effective managers understand that stress control is a leadership responsibility and give it just as much attention as any other management function. For those who want to explore stress control further, a free 3-session e-course is available by email request at stresscontrol@sendfree.com
Grasping the concepts and reducing stress one step at a time can have an amazing impact on your bottom line --and on the lives of those who do the heavy work.
Dale Collie - professional speaker, former US Army Ranger, CEO, and a Fast Company top 50 innovative leader. Author of "Winning Under Fire." (McGraw-Hill) collie@couragebuilders.com
![]() |
|
![]() |
|
![]() |
|
![]() |
Where does stress really come from? Is there any simple... Read More
Everyone needs successful stress management techniques. Easy to learn and... Read More
So many of us live a stressful life. Unfortunately, when... Read More
Are you a "worry wart?" Is that term familiar to... Read More
The right amount of stress can be good for you,... Read More
ResentmentsA wise friend once said that holding onto resentments is... Read More
If you find symptoms of anxiety disorder in any of... Read More
A little stress is good for us until it becomes... Read More
I'm so excited that I have discovered this secret today.... Read More
Did you ever feel like your "get-up-and-go" got up and... Read More
Do you often overreact to situations? Are you a constant... Read More
I just got through reading some troubling news in the... Read More
1)Excessive worryNo, I'm not saying "don't worry, be happy."Well-used worry... Read More
Q. I've been told that I need to learn from... Read More
Stress is defined as a response by your body to... Read More
Do you attack problems and solve them or do you... Read More
There are many kinds of daily grinds. In the U.S.... Read More
After a stressful day as a computer programmer, Jim pulled... Read More
Why is it that some people become totally stressed when... Read More
Breathing is the vital force of life. It is considered... Read More
Understanding StressStress has been called "the invisible disease". It is... Read More
Perhaps you've heard of the 80/20 rule, but don't know... Read More
Positive self-esteem is very important for our general health and... Read More
It is no secret that stress and related disorders are... Read More
Did you know that more than half of our adult... Read More
A friend has this quotation on his office wall: "I... Read More
The brain uses feel-good transmitters called endorphins when managing daily... Read More
Punch a pillowScream into a pillowTurn on your favorite music... Read More
Imagine going through your whole life in the constant fear... Read More
We wonder how many of you might recognise this scenario?... Read More
Take a moment to think about the week that just... Read More
"The great lesson from the true mystics, from the Zen... Read More
Are you a person who has a keen imagination, a... Read More
Statistics show that all of us experience stress at one... Read More
If you are an anxiety and panic sufferer, then you've... Read More
When a great Zen Master returned to his country after... Read More
The Problem You don't need me to tell you how... Read More
If you suffer from insomnia of any kind, the chances... Read More
Every woman needs her own personal space for relaxation, not... Read More
"Learn how to turn frustration into fascination. You will learn... Read More
Everyone experiences stress at some point in their life. In... Read More
Several studies, including one of medical students around exam time,... Read More
Mark Twain once said, "It's not what we don't know... Read More
It is very true that, unfortunately, many people look to... Read More
Governements and businesses have regularly highlighted the costs of stress... Read More
"Adopting the right attitude can convert a negative stress into... Read More
Stressed? Relax Right Now with 5 Super-Simple Stress-BustersStressed-out? Don't know... Read More
No this is not related to praying, this is how... Read More
We are currently living in a capitalist society where money... Read More
"We do not stop playing because we grow old. We... Read More
The day wasn't going well already. You know how it... Read More
Burt Reynolds revealed his vulnerable side when he realized he... Read More
Quote of the week"Simplicity is the ultimate sophistication." Leonardo da... Read More
IntroductionTime magazine called stress the "The Epidemic of the Eighties".... Read More
Writing down our thoughts and feelings, as in keeping a... Read More
When was the last time that you truly took a... Read More
Life is so busy and as mothers we spend so... Read More
The United Nations declares workplace stress to be a worldwide... Read More
Who hasn't experienced "worry" at one time or another? Almost... Read More
There is good stress, and there is bad stress. Good... Read More
A grandfather, whose grandson came to him angry at a... Read More
Workplace stress is on the rise and it's costing corporate... Read More
Over the years I've collected scores of comics and cartoons... Read More
The best way to reduce your stress is to really... Read More
It is an inescapable fact, we live in a stressful... Read More
Why Stress Management programmes don't work?It seems that every week... Read More
Stress Management |