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Home » 4 Minute FitnessTM » Serious Problems in the Workplace (References)
Job stress costs employers more than $200 billion each year in absenteeism, tardiness, burnout, lower productivity, high turnover, worker's compensation and medical insurance costs. National Safety Council, 1995 One dollar invested in work place wellness will save three dollars in cost savings of benefits. University of Michigan Research Center (HMRC) An estimated 60% of all absenteeism from work is caused by stress. C. Cooper & R. Payne, eds. Causes, Coping and Consequences of Stress at Work, 1988 Depression, a common problem among workers, costs the US $44 billion per year in lost productivity. National Foundation of Brain Research, 1999 A new study of more than 46,000 employees at 6 large companies found that costs linked to serious, persistent stress count for about 8% of the total health care expenditures of those companies - about $24 billion annually. American Journal of Health The California Worker's Compensation Institute determined that job stress claims increased 700% from 1977-1988. M. Lehmer et al. J. Occupational Environ. Med., 1997; 39(1) A new study on stress in the workplace found that 62% of the people surveyed experience what they call "a great deal of stress" at work. That's up 15% from the previous year. Aventis Pharm, 2001 In a recent 3 year analysis of over 46,000 workers from six major US companies, depression and unmanaged stress emerged as the top two most costly risk factors in terms of medical expenditures - increasing health care costs by 2-7 times as much as physical risk factors such as smoking, obesity and poor exercise habits. R. Goetzel et al. J Occupational Environmental Medicine. 1998; 40(10) |