Leaders, do you have an interest in keeping workplace morale high? In protecting your employees from burnout, stress, and fatigue? In providing them with the resources they need to tackle major anxieties or seasons of struggle? Of encouraging all employees — yourself included — to take vacation time in order to recharge those batteries and stave off exhaustion?
You should be, and not just because it’s the right thing to do. It’s also something that can impact your business at the bottom line. And if you aren’t mindful of workplace burnout, it could cost you big time.
How Workplace Burnout Costs Businesses
Indeed, workplace burnout has become an epidemic. And as more and more leaders and employees are succumbing to the physical and emotional ravages of workplace anxiety, it’s costing businesses billions of dollars each year.
That’s right, billions. And that number encompasses all of the following:
- The cost of replacing employees who leave the company because they feel overworked and underappreciated.
- The cost of sick days, call-outs, and employee absenteeism.
- Missed opportunities from sapped creativity and impaired ingenuity.
- Higher healthcare costs for your employees, which can put…
