Presenteeism costs the economy £15.1 billion each year and erodes employee productivity, according to the Centre for Mental Health (CMH). The CMH also found that presenteeism actually costs businesses almost twice as much as absenteeism, which costs the economy about £8.4 billion each year.
Presenteeism often stems from workplace stress. If left untreated, workplace stress can result in the progression of more serious mental health problems, such as depression and anxiety, and ultimately cause higher absenteeism rates.
There are several ways you can help decrease the likelihood of workplace stress:
- Schedule informal check-ins with employees to monitor their stress levels and catch potential problems before they become serious.
- Offer support and resources to all employees. If an employee says they are struggling, offer solutions, such as a support group or helpline.
- Implement a stress policy that offers a detailed plan to manage work stress.
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