Ron Price, HR.com, May 2021
Eight out of 10 American adults have it—you’ve probably caught it. It’s costing you in more ways than you know. In fact, it is estimated to be costing employers an average of $13,400 per employee per year. What is it? Covid-19 Stress!
The American Psychological Association reports that the mental health consequences of the Covid-19 pandemic have created record-high levels of stress in almost 80% of all adults. At work, this is creating hidden costs through increased turnover, absenteeism, disengagement, unhappiness, loss of innovation, decreased resilience and inability to focus. And all of this adds up to lost productivity and profit. According to the American Institute of Stress, more than 275 million working days per year are lost because of stress. Read more.