IDG Contributor Network: Do you how much stress is costing your business?
At the core of most companies exists a sometimes-silent debate about the relationship between stress and productivity. Most modern corporate leaders would agree that it’s important to invest in culture, but to what extent? Is there a point of diminishing returns where a too-relaxed culture harms performance? And if leaders toss culture aside and push workers harder and harder, do the short-term gains justify the long-term costs? Finding the balance is a challenge, especially in high-growth, competitive industries.
When we commissioned a survey of 1,000 US and 500 UK workers this summer on stress in the workplace, these are some of the things we wanted to understand. Our goal was to learn what workers had to say about the causes of their own stress, and understand how it affects them and their companies. Our findings indicate that stress is rampant in the modern workplace, and the costs are staggering.