The Business Case for Corporate Stress Assessment and Intervention
- Topics:
- Building a Team,
- Human Capital,
- Workers Compensation
- Tags:
- Benefits,
- Business Case,
- Human Capital,
- Human Resources,
- Stress,
- Stress Directions,
- Workforce Management
- Source:
- Stress Directions
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Overview: Stress may be a small word, but it has huge implications for corporate profitability. According to the US Bureau of Labor, stress costs US business over $300 billion annually. In the 21st Century, business operates faster and with more complexity and uncertainty than ever before. The impact of stress on profitability, whether creative or negative, must be understood, measured, and managed in a realistic and thorough way if a company is to successfully navigate today's business environment. This white paper is the first in a series that investigates what is known about the impact of stress on financial and human capital performance. In this paper, one will learn how stress affects Workers' Compensation, Long and Short Term Disability, and Health Care costs.
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Format: PDF | Size: 434KB | Date: Feb 2005 | Pages: 32
