In 2004, Cornell University Institute for Health and Productivity Studies (IHPS) conducted a study that “estimate that companies' on-the-job productivity losses from presenteeism are possibly as high as 60 percent of the total cost of worker illness -- exceeding the costs of absenteeism and medical and disability benefits. “
The term presenteeism was coined by Cary Cooper, a professor of organizational psychology and health at Manchester University, UK, Dr. Cooper describes presenteeism as “an overwhelming need to put in more hours or, at the very least, appear to be working very long hours, is another dangerous symptom of the explosive degree of pressure in the workplace.”
What does all this mean to your company?
The impact of presenteeism gone unchecked results in:
- exorbitant costs,
- ineffective work team , and
- inability to attain key business objectives.
How can you as employers staunch outflow of dollars and productivity lost as a result of presenteeism?
1. Analyze the workplace environment
2. Identify the greatest area of concern
3. Prioritize and select one area to address
4. Create a plan of action to assist employees in managing their ability to cope with physical, mental and psychological challenges
Taking measures to increase awareness to presenteeism and it’s impacts on business results is key. Taking proactive steps to assist employees to deal with work and life challenges is the essential to business success. Ultimately, overcoming presenteeism will help you to build a high performing workforce that benefits both you and your employees.
No comments:
Post a Comment