We are facing another crisis in the workplace, record employee stress. In fact, a new global study released this year showed that 2022 recorded the highest employee stress levels of all time. In this newsletter we are looking into why and what can we do about it?
STRESS IN THE WORKPLACE REACHES AN ALL TIME HIGH
"Workers are more stressed than ever, according to Gallup's latest "State of the Global Workplace" report, which finds stress levels reached an all-time high in 2022.
44% of employees experienced "a lot" of stress at work the day before they took Gallup's survey. As a result, Gallup says people are more burnt out and disengaged in the workplace, and are increasingly fighting with their bosses. Despite Gallup finding that workers find their work more meaningful than ever, over half of the workers surveyed are ready to quit their jobs in search of better pay and well-being. Nearly two-thirds are "quiet quitting," or silently disengaging from their jobs. Another 18% are "loud quitting," which Gallup describes as workers who are actively hurting the company's goals and fighting against leadership. Combined, Gallup estimates the low engagement is costing the global economy almost $9 trillion." Learn more
WORKERS ARE STRESSED AND DISENGAGED
"You’re not the only one feeling the burnout and distress at work. Workers around the world are historically stressed, disengaged with work and increasingly fighting with bosses, a new Gallup poll released Tuesday revealed. Gallup’s “State of the Global Workplace: 2023 Report” looks at how “employees feel about their work and their lives, an important predictor of organizational resilience and performance.”
Stress at work was reported at a record high, with 44% of those surveyed expressing they have “a lot” of stress regarding their jobs, which matches results from the 2021 survey and carries on a “trend of elevated stress that began almost a decade earlier.” Learn more
STRATEGIES FOR REDUCING RECORD EMPLOYEE STRESS
"Employees around the world are as stressed as they've ever been, according to a recent survey of more than 122,000 workers in 160 countries. Workplace experts say leaders who engage with their workforce can help rectify this growing issue.
Gallup's 2023 " State of the Global Workplace" poll found that 44 percent of workers said they experienced "a lot of stress" the previous day— matching the recorded high in 2021. While the survey did not ask about specific stressors, the report noted that external factors such as inflation and family health contribute to daily stress. A more significant factor, though, could be an employees' supervisor. "Many factors influence stress," the report read, "but Gallup finds that managers play an outsized role in the stress workers feel on the job, which influences their daily stress overall." Learn more