It is possible to create a mentally healthy workplace at little or no cost, and the rewards for making some small changes can be substantial. These can included raised morale, improved productivity, reduced recruitment costs and ultimately a better bottom line.
The consequences of stress can affect a company at 3 different levels. Here are some examples:
- At an individual level
- Poor performance
- Poor time keeping
- Unexplained absence or sick leave
- At a team level
- Unresolved disputes and disaffection
- Increased staff turnover
- Increased grievances and complaints
- Increased work loads on core team members
- At the company level
- Reduced revenues
- Reduced productivity
- Missed deadlines
- Lost customers
- Damaged reputation
- Increased recruitment costs
- Employment disputes