By The Glo Group.
Burnout and stress are no longer a personal issue, they are now major challenges for organizations. They hurt performance, productivity and revenue. A Gallup survey found that 76% of employees experience “at least sometimes” burn out at work. Almost 28% feel burned out "very often" or "always." These figures show an urgent need for better ways to cope with workplace stress and burnout.
Burnout and stress harm employees' mental and physical health. This, in turn, can greatly reduce their work performance. Studies have shown that burnout leads to a 50% increase in voluntary turnover and can cause a 20-40% decrease in overall productivity. These effects cause financial losses. According to the American Institute of Stress, companies spend over $300 billion a year on stress-related healthcare and lost productivity. They also found that workplace stress causes one million employees to miss work every day. Absenteeism and presenteeism (employees are at work but disengaged) cause huge revenue losses that can seriously hurt a company's bottom line.
Additionally, a Workhuman survey of 1,000 full-time employees shows a rising "productivity anxiety." It found that 80% of U.S. workers feel it and over a third experience it multiple times a week. This anxiety is especially prevalent among Gen Z employees, with 30% experiencing it daily and 58% facing it multiple times a week. Despite 61% of workers claiming that they are productive, this productivity often comes at the cost of increased anxiety and stress. Factors such as meeting deadlines are the primary indicator of having a "good day" (68%), while making mistakes tops the list for a "bad day" at work (49%).
Together, these findings illustrate the dual impact of burnout and productivity anxiety, both of which detrimentally affect employee well-being and organizational performance, highlighting the need for effective interventions to foster a healthier, more sustainable work environment.
At The GLO Group, we believe that coaching is a powerful tool to address the root causes of burnout and stress. Coaching for leaders and teams provides a supportive space. It helps people develop coping skills, boost emotional intelligence and improve communication. This, in turn, fosters a healthier workplace culture and reduces the risk of burnout.
Investing in professional coaching is not just for employee well-being. It's a must for business. Research has shown that companies with high employee engagement report 21% higher profitability and 17% higher productivity compared to their less-engaged counterparts. By prioritizing coaching and development, organizations can reduce burnout's high costs. They can also drive growth and success.
At The GLO Group, our certified coaches are committed to helping organizations thrive by fostering resilient, engaged and high-performing teams. Our coaching programs for leaders and teams are designed to address the unique challenges of today's workplace, providing tools and strategies to effectively manage stress and prevent burnout.
Addressing burnout and stress through coaching is more than a trend — it is a critical strategy for sustainable growth. As organizations continue to navigate the complexities of ever-changing work environments, investing in coaching for leaders and teams is a vital step towards building a resilient and high-performing workforce.
Learn more about The GLO Group in their Coffee Shop Directory, get your FREE 15 minute consultation or visit www.glogroup.com.
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