The Cost To Your Business On Work-Related Stress

Hoel & Colleagues (2001)

Total cost of work-related stress = sick absence + early retirement + staff turnover costs + grievance and labour legal costs + damage to equipment/production due to accidents or errors of concentration + increased premiums for workers compensation + reduced performance + loss of reputation and customer dissatisfaction + brand damage + poor investor relations

Worldwide estimates of the causes of absenteeism estimate that between 30% and 60% of all absence is stress related.


Embracing A Culture of Mental Health

The company’s anonymous, aggregated health risk assessment data showed that, as in many companies, stress, mental health, and behavioral health conditions were a focus of American Express employees, and employees indicated that they were looking for support in these areas.

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