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Risk Management Bulletin

TEN WAYS TO REDUCE EMPLOYEE STRESS

By October 1, 2011No Comments

Worker stress levels have increased within the past few years as the economic downturn has led to layoffs, heavier workloads, a higher percentage of workers taking second jobs to make ends meet, and declining household incomes, due to family members’ lost wages.

In a recent “Stress in the Workplace” survey by Buck Consultants (www.buckconsultants.com), more than four in five participants (82%) reported that employee stress has a significant or moderate impact on their company’s healthcare costs. A large majority of respondents also said that stress has had a significant or moderate impact on absenteeism (79%) and on workplace safety (77%).

In response to rising employee stress levels, many employers are taking steps to help their workers manage stress. According to the Buck Consultants survey, 66% of participants have implemented four or more programs to reduce on-the-job stress, while 22% have at least eight programs in place.

The survey listed these Top 10 stress-reduction strategies:

  1. Employee assistance programs (78%)
  2. Flexible work schedules (63%)
  3. Work/life balance support programs (46%)
  4. Leadership training on worker stress (45%)
  5. Online healthy lifestyle programs (45%)
  6. On-site fitness centers (43%)
  7. Physical activity programs (38%)
  8. Stress awareness campaigns (35%)
  9. Financial management classes (32%)
  10. Personal health/lifestyle management coaching (29%)

The more effective these programs, the lower the stress on your workers – which adds up to higher productivity and a healthier return on investment.