The True Cost of Workplace Stress
As an employer, we know you recognize how much your employees are daily affected by significant personal and workplace issues. There are real costs to your employees’ lives and your business, in almost every direction.
“Early on we realized that our employees spend more time at work than anywhere else. We felt a chaplain would be a special way to serve them and show them we care. …This has made such a difference in the lives of our employees. The end result has been changed lives and employees who are more appreciative and loyal.”
–Mike Adams, Owner, Adams Thermal Systems
US businesses lose up to $300 billion yearly as a result of workplace stress.
Depression-induced absenteeism costs US businesses $51 billion a year, as well as an additional $26 billion in treatment costs.
For the average company, turnover costs more than 12% of pre-tax income and for those at the high end, those costs can reach almost 40% of earnings (Saratoga, 2006)
- 83% 83%
83% of US workers suffer from work-related stress, with 25% saying their job is the number one stressor in their lives.
- 65% 65%
65% of workers said that workplace stress had caused difficulties, and more than 10% described these as having major effects on their life.
- 51% 51%
51% of employees said they were less productive at work as a result of stress
(American Psychological Association, 2009)
- 75% 75%
Companies spend around 75% of a worker’s annual salary to cover lost productivity or to replace workers.
How can you care for your employees?
We offer an on-site presence that is proactive and responsive which:
•Reduces presenteeism, absenteeism, and turnover.
•Reduces risk. Issues can be addressed before they become a crisis or legal matter.
We offer care that would otherwise fall on HR to deliver.
•Less HR risk because HR is spending time on the issues that better reflect their training.
We facilitate connection and trust between employees at all organizational levels producing:
•Improved workplace relationships and behavior.
•More collaborative behavior.
•Greater innovation, creativity, workplace capability.
•Greater appreciation of management and loyalty.
•Improved competitive market position.
We are present in moments of personal and corporate crisis.
•Greater commitment at times when performance, morale, and production would be negatively impacted. (Source – http://www.workplacechaplains.us) Please click on the links below to see an effective example of a chaplain assistance program and independent contractor agreement in present use.
We give another important face, hands, and feet to that part of your corporate mission statement that values employees.
•Less cynicism and greater trust from employees.
•Increased employee retention.
•Reduced costs resulting from employee turnover.