More Workplace Stress, Less Profit

We all know that workplace stress is bad for you. But there is more and more evidence that it is costly to your employer and society as well.

It is estimated to cost U.S. industry a staggering $300 billion a year in absenteeism, health costs and programs to help workers manage stress as unemployment rises and companies cut staff.

I’ve written before about Americans’ vanishing vacation time. But get this: “An International Labor Organization study showed that Americans worked the equivalent of an extra 40-hour week in 2000 than they did 10 years earlier.”