Burnout, a result of prolonged stress at work, can severely impact both individual health and organizational finances. A recent study indicates that U.S. companies incur costs from $4,000 to $21,000 annually for each employee due to burnout, affecting productivity and increasing absenteeism. Nonmanagerial employees contribute $4,000 on average to these costs, while managers and executives contribute even more. A simulation model suggests that addressing employee well-being could mitigate these costs significantly, highlighting the importance for companies to invest in mental health initiatives.
Employee burnout in the U.S. costs companies between $4,000 to $21,000 for each worker per year in productivity, or missed workdays and reduced work.
Our model quantifies how much employee burnout is hitting the bottom line of companies and organizations, helping them understand the importance of focusing on employee well-being.
Burnout costs employers an average of around $4,000 for nonmanagerial employees, around $10,000 for managers, and over $20,000 for executives.
In an organization with 1,000 employees, burnout can cost about $5 million per year provided everyone experiences it.
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