Feeling stressed-out at work is something almost everyone has experienced at one time or another. However, if left unaddressed, it can have a profound effect on the productivity of an organization and the mental well-being of its employees.
Recent statistics show that in addition to economic sluggishness and fewer jobs for American employees, the Great Recession also has contributed to an increased incidence of employee disability claims. Employers are doing more with less due to the economy, which, in turn, is taking a toll on employees. Larger workloads and longer hours often cause employees stress or even health issues.
A stunning statistic: Today, households headed by adults younger than 35 have 68 percent less wealth than households headed by adults of the same age in 1984.
In the last 10 years, the net worth of an average American employee has dropped significantly; from 2007 to 2010 alone, the median net worth of American families dropped nearly 40 percent.
“An ounce of prevention is worth a pound of cure.” — Ben Franklin. Those of us in safety and health and wellness appreciate the wisdom behind this quote.
As you probably know all too well, short- or long-term disability leaves and unplanned sick days add up, and many businesses are feeling an impact on their bottom line. Public sector employers are not immune to the cost of lost productivity, and on the heels of my colleague’s presentation about Employer Productivity in the Public Sector at the State and Local Government Benefits Association (SALGBA) National Conference, I want to focus on one local government that is taking action and seeing results.