Stress is one of the biggest problems in the workplace, with the cost to the British economy being estimated at around £4 billion each year due to both long and short-term absence, lower productivity and poor customer service. Recent research shows that one in four employees are in a near-constant state of stress. If employers can reduce stress through effective people management, it will reduce their costs and drive business growth. We consider the most common mistakes employers make when dealing with stress and most importantly how they can be avoided.
Failing to spot and act on early warning signs of stress
Employers need to be clear on the difference between pressure and stress. It is healthy for employees to have challenges to meet and a reasonable amount of pressure can in fact have a beneficial effect in improving performance and job satisfaction. However, too much pressure can be harmful to health and result in stress-related claims.