| Stress Statistics and Research |
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- American Industry alone loses 350
billion USD on stress-related issues -
compensation claims, reduced productivity, absenteeism,
health insurance costs, direct medical expenses, and employee
turnover.
- 40% of attrition is
due to stress.
- On average up to 16 working days 'per employee' are lost
each year due to 'stress related' absenteeism.
- 53% of Directors, 64% of Senior Managers, and 75% of Middle
Managers in the U.K. felt demoralized and
stressed.
- Business owners in Brazil, Russia, India, China (BRIC)— all
fast emerging economies have crept into the
‘High
growth, High Stress Increase’ category.
- 43% of corporate India admits to being stressed.
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1/2 – Study
conducted by the National Institute for Occupational Safety
and Health (NIOSH), USA, 2004
3/4 – Study
conducted by the International Stress Management
Association UK (ISMA) and Royal & Sun Alliance (R&SA),
2005
5 – Grant Thornton,
an international accounting and advisory firm’s International Business
Owners Survey (IBOS), 2005
6 – The Times Now
people poll conducted by the Hansa Research Group. |
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| Costs Benefits of Professionally
Managing Stress. |
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- Lower operating costs: $1 spent on stress
mgmt = $7 return on investment.
- Reduced employee turnover: from 40% to 15%
in a three-year period.
- Reduced health benefit costs: by $13 million
in one year.
- Decreased worker’s
compensation claims
that had skyrocketed 80% in three years.
American case studies of Fortune 50 companies and government agencies
in 2004
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