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Fast Facts About Job Stress
- The U.S. National Institute for Occupation Safety and Health reports stress related disorders are quickly becoming the most prevalent reason for worker disability.
- Recent research shows that at least 40% of employee turnover in the United States is due to on-the-job stress. Xerox estimates that it costs between 1 to 1.5 million dollars to replace a top executive, and between 2 to 13 thousand dollars to replace other workers.
- In 1992, the United Nations identified job stress as a “20th Century Epidemic.” The World Health Organization called it a “Worldwide Epidemic.”
- The International Survey Research Corporation in Chicago has carried out opinion polls measuring low morale at work due to loss of faith in employer — in 1988, 22% of these polled said they were “frequently worried” about losing their job, in 1996 the percentage of those giving the same response rose to 46%.
- Job Stress is estimated to cost American industry 200 to 300 billion dollars annually due to related factors such as absenteeism, diminished productivity, employee turnover, accidents, direct medical, legal and insurance fees, and workmans compensation awards.
- The US Bureau of Labor Statistics has identified “neurotic reaction to stress” as the 4th most prevalent disabling workplace injury. In 1993, over 25 days were lost on average by each person suffering from job stress.
- In 1997 The British Medical Journal sited two studies which have shown that job stress may increase chances of coronary heart disease.
- In Japan “Karoshi” — death from overwork — is now recognized as a fatal combination of apoplexy, high blood pressure and stress.
- Job Stress can be both a cause — and an effect of workplace violence.
- The National Institute for Occupational Safety and Health found that 25% of those surveyed identified their job as the single greatest cause of stress in their lives.
SOURCE http://www.jobstresshelp.com