Stress in the Workplace
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Stress in the Workplace
- 1. Stress Out 1100 locations | 500 cities | 85 countries Presented by: Name | Date: Date
- 2. Overview Has there been a rise in stress levels in business executives in the last two years? Does the trend vary across countries? Does flexible workplace arrangements reduce stress levels?
- 3. Regus workplace stress report Over 11,000 respondents Thirteen major countries Business people were asked whether they had suffered significant increases in workplace stress over the last two years
- 4. Rise in workplace stress Over half of the global business population (53.8%) have experienced an appreciable rise in their workplace stress over the last two years
- 5. Rise in workplace stress More than one fifth of business people internationally have experienced a severe rise in workplace stress
- 6. Top factors causing stress in the workplace Not enough administrative support Increased focus on profitability Pressure from customers for increased service Increased focus on quarterly sales revenues Loss of good staff Risk of unemployment/business failure Aggressive competition from colleagues
- 7. Stress can provide business with real problems Reduced motivation Reduced productivity Impaired management job dissatisfaction loss of key skilled staff defection to another, less stressful, work environment Conflict between colleagues becomes more likely DAMAGE TO BOTTOM-LINE COMMERCIAL AND FINANCIAL RESULTS
- 8. Proportion of business people whose stress levels have increased appreciably over the last two years Global stress levels
- 9. Stress levels greatest in china The rise in overall workplace stress is greatest in China (85.9%) as the ‘dragon’ continues to grow rapidly 36% blamed their stress on increased volumes of work
- 10. However, when it comes to business people experiencing the most severe increase in workplace stress, the USA comes top of the table (35%) France records the lowest proportion of business people experiencing a severe increase in workplace stress (10.6%) Severe Stress
- 11. Focus on profitability Internationally, the most cited cause of workplace stress is “increased focus on profitability”
- 12. Size matters? More people in larger companies have experienced a rise in workplace stress, possibly because the potential for downsizing is by definition greater in larger firms.
- 13. Workforce leaving There is a clear correlation between increases in workplace stress and the likelihood of key employees leaving
- 14. Workforce off sick 12% of firms had been forced to dismiss staff signed off with stress in the past year
- 16. Variable start and finish times
- 18. Exchanges with other firms
- 19. Accommodate maternity / paternity policies
- 22. Change the workplace Fortune reports that 84 of the ‘100 Best Companies to Work For’ allow employees to telecommute or work from home at least 20% of the time
- 23. Final Thoughts Has there been a rise in stress levels in business executives in the last two years? Does the trend vary across countries? Does flexible workplace arrangements reduce stress levels?
Editor's Notes
- They were also asked whether that increase had been simply significant, or extreme, as well as the principal causes of this stress
- High work paceEmotional workloadUnderutilisation of skillsDoing monotonous workLack of social support from colleaguesLack of autonomyLack of participation in decision makingRole conflict / distinction
- Belgium, Mexico, South Africa, Spain, the USA and India are on or near the average for appreciable increase in workplace stress. Slightly under-average are France, Australia and Canada. The lowest increase in workplace stress is reported in the UK, Germany and the Netherlands.
- Typically where employees are expected to take on additional tasks and responsibilities, often without additional reward
- The threat of redundancy will have an influence on how stressful the workplace is, and once the workforce has been pared down, many find themselves with double the responsibilities but without additional reward.
- – something that businesses worldwide want to avoid as they struggle to either return to growth (mature economies) or accelerate growth (emerging economies)
- The National Institute for Health and Clinical Excellence (NICE) said 13.7 million working days are lost each year as a result of work-related mental illness in the UK. This leaves UK employers with a total bill for lost productivity of £28.3 billion a year.
- Whereas downsizing, plus increased productivity and profitability pressures cannot be reversed, working practices and workplace solutions can be changed in order to reduce employee stress and improve retention of key personnel
- Various studies have demonstrated that flexible working arrangements, where employees can work outside of normal hours, or where they spend part of their time working from home, reduce employee stress, improve productivity and save corporations money
- Various studies have demonstrated that flexible working arrangements, where employees can work outside of normal hours, or where they spend part of their time working from home, reduce employee stress, improve productivity and save corporations money