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Employee Stress Proving a Big Headache for Large Companies

Article by Simon Christopher
Posted: 5/6/2008 - Last updated: -
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A recent survey conducted by Employee Benefits Magazine and HSA Healthcare has highlighted that stress appears to be particularly concerning for large companies including those operating within the public sector.

The annual benchmark survey which surveyed over 500 readers of Employee Benefits magazine, showed that 47% of companies believe stress is a primary cause of sickness absence which increases to 64% for companies with more than 10,000 employees. Again this figure risies to to 86% among public sector organisations.

Glenn Rhodes of HSA, commented: "Over the years we have supported this survey, stress has increasingly become an issue for organisations. Despite this, many seem to be burying their heads in the sand over the problem. This is especially prevalent within larger organisations, which suffer more sickness absence from stress, yet almost half have no strategy in place to tackle it."

Editor of Employee Benefits Magazine, Amanda Wilkinson, sais: "The percentage of organisations citing stress as a major cause of sickness absence has risen for the third year in a row and now stands at 47%. Yet, a large proportion of employers (63%) still do not have a strategy in place to reduce stress in the workplace."



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