21 JUN 2023
Workplace stress is a significant issue leading to lost productivity and negative impacts on employees' mental health.
In the UK, stress, depression, and anxiety result in the highest number of lost working days. Employers have a crucial role to play in effectively managing stress and promoting employee wellbeing. A study from AXA UK and the Centre for Business and Economic Research found an estimated £28 billion was lost last year as a result of poor mental health at work. The majority of this is down to lost working days due to stress and burnout, with businesses losing 23.3 million working days.
Here are five key strategies for employers to manage stress in the workplace:
Employers also have a legal duty to assess and manage risks related to stress in the workplace. While smaller companies may not require a written risk assessment, larger organisations must complete and share these assessments with their employees.
By implementing these strategies, employers can effectively manage workplace stress, enhance employee wellbeing, and create a more productive and supportive work environment.