CALCULATE THE COST OF WORK-RELATED STRESS: TURNOVER COSTS

The statement that workplace illnesses hurt a company’s financial performance is a truism. Of course they do. Every safety professionals knows this. And now even the business leaders seem to be coming to recognize it. But while more CEOs understand how much occupational illnesses cost, they don’t understand why they happen. They see the threat as coming from traditional hazards such as chemical and biological agents. And they’re not wrong. But there’s another threat that CEOs tend to overlook—or even dismiss out of hand: work-related stress. As a safety coordinator, you need to recognize the potential threat that workplace stress poses to your company. Just as importantly, you need to educate your CEO to the dangers of workplace stress and gain their support for programs that will protect your workforce against those dangers. Here’s how.