BY: Janine Mitchell
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Your amazing workforce are your biggest asset. They are the core of your business success. Look after your staff and your business thrives.
Do you look after staff like you look after your customers?
It’s no coincidence organisations that look after their staff are the ones that are smashing it
Check out what Sammy Rubin is doing here with his insurance company YuLife. It’s no wonder they have grown extensively and won best start up 2021.
Businesses invest huge sums of money into their marketing, why not in staff? And I mean properly, not just ticking a box.
How does poor mental health and wellbeing negatively impact on staff, business, productivity and turnover?
There has been a wealth of studies conducted that have researched what factors affect work performance, including how this is impacted by stress levels and how valued staff feel in the workplace.
A study was conducted by the University of Bahrain which is published in the Business and Management Research Journal. This is titled ‘How stress can affect your work performance’. This research paper was conducted by Dr. Muwafaq Alkubaisi (2015) One of main findings of the study was that work stress has a negative impact on employee’s performance.
This is one of a plethora of studies, which show similar findings.
Stressed employees negatively impact on business growth, this saps away at the longevity of success, which in turn leads to financial constraints.
A survey was conducted in 2012 by ComPsych (www.compsych.com)
surveyed 2500 employees. Its main findings were that stressors like workload, people issues, lack of work/life balance and job insecurity are likely to cause reduced levels of productivity at work. Things haven’t improved since.
Here’s an overview of the findings:
Nearly 15% of respondents surveyed said that stress causes them to miss days from work. You may think they just have a bad immune system, but the truth is that at least some of the time, employees are having to stay off work out of necessity.
Missed deadlines and mistakes
Over 20% of those surveyed directly attributed stress to missed deadlines and mistakes in their work. Not only is work taking longer to get done, but mistakes are causing additional slowdowns.
Lack of focus
It’s hard enough for some workers to focus in an office environment; add in extreme levels of stress, and you have a perfect recipe for distraction. Over 56% of participants reported that they had trouble focusing due to stress. Employees may look like they’re working, but it’ll take longer for them to complete tasks than usual.
That once-bright employee who is suddenly 15 to 45 minutes late several times a week? This is directly linked to burnout. Over 14% of employees said that job-related stress increased their lateness.
Over 15% of participants said that stress within the job made it difficult for them to connect or get along with superiors and co-workers.
So take some time out now to consider how you are looking after your employees. Or how you feel yourself as an employee within your organisation. Do you feel valued? Do you have a sense of motivation and pride? Do you feel real worth? Are you able to approach your manager with ease if you have any work or personal problems you need to share?
CEO’s and SMT’s, what to do?
Get down to staff level and communicate effectively with your staff
Are your staff satisfied in their job? Do they feel listened to and heard? Are they burnt out much of the time? Is there regular moaning and complaining? Regular staff sickness absences? Are staff able to talk about any work or personal issues to their direct line manager? Are staff constantly putting in extra hours to catch up?
What can you do differently to invest in your staff
Poor mental health and work related stress affects many employee’s. Ignoring the problem and hoping it will go away will not help anyone. It most definitely will not improve revenue or performance.
Further, it’s not simply about ‘ticking boxes’ or by putting on the odd yoga session or adding bowls of fruit It’s about working culturally top down with your organisation. It starts with you. It’s about full investment that leads to the following:
A mass of long term benefits including improved productivity, reduced staff turnover, and increased morale.
Employees receive huge value in stress management and resilience training. It allows them to look at things in a completely new perspective and provides practical and highly effective techniques to enable them to create strategies and to provide them with a great ability to cope with work pressures placed on them. This works not only in the short term but strategies are taught which are implemented long term.
What is not investing in your staff costing you financially per year?
Did you know that a happy and resilient workforce directly impacts the following?
• Increased productivity and higher profits
• Less stress and fatigue
• Targets and deadlines met
• Reduction in staff absenteeism
• Improvement in staff morale and staff feeling valued
What are you doing differently within your organisation?
It’s a WIN-WIN.
Janine at Change for Success helps you achieve high performance in your organisation. She does this by helping you lower stress in your teams and to help your workforce be more resilient. This is through coaching, consultancy and through the delivery of stress management workshops and programmes.
If you’re interested to see how I can help you please reach out:
In the meantime, I invite you to claim your FREE Inner Power Mindset Mastery Tool HERE: