Employee Burnout Is a Multi-Million Dollar Hidden Cost For Employers, According to New Research

Feeling tired, drained, and overwhelmed because of your job? You could be experiencing burnout, a state of exhaustion and disengagement brought about by ongoing stress, according to Mayo Clinic.

While burnout can take a toll on an individual’s health, potentially leading to problems like heart disease and insomnia, it can also have ill effects on the financial health of an organization.

A new study published in the American Journal of Preventative Medicine earlier this year found that employee burnout in the U.S. costs companies between $4,000 to $21,000 for each worker per year in productivity, or missed workdays and reduced work.

More specifically, burnout costs employers an average of around $4,000

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

7 Things You Need to Know to Start and Scale a Company, According to a 2X Founder, Investor and Advisor

Opinions expressed by Entrepreneur contributors are their own. I am an HR tech and fintech entrepreneur, and in 2015, I transformed the...

Expert Strategies to Add to Your Small Business’s Playbook This Tax Season

Opinions expressed by Entrepreneur contributors are their own. Small and medium-sized business (SMB) owners navigate numerous responsibilities, and tax obligations are an...

Fired CFPB chief says Musk may have another goal for gutting the agency | CNN Business

Fired CFPB chief says Musk may have another goal for gutting the agency ...