Stress related illnesses affect an increasing number of businesses and their workforces. A 2008 study by Medibank Private showed that stress related presenteeism and absenteeism is directly costing Australian employers $10.1 billion per year.
On average 6.5 working days of productivity are lost per employee annually as a result of presenteeism showed in another Medibank Study in 2010.
About 55% of people who suffer stress or other mental conditions on the job are taking five or more consecutive sick days according to the Bureau of Statistics publication in Australian Social Trends, June 2011.
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A study conducted by Australian Psychological Society shows that the level of stress-related psychological claims is unprecedented with a cost to Australian Industry in 2000 in excess of $105 million.
An IBM Study in Feb 2011 provides a local perspective on the topic of work stress in offering data on Perth drivers. 77% of Perth drivers are stressed by the time they get to the workplace. 29% of them believe that itâs detrimental to their health.
It is important to note that these figures do not reflect the added hidden costs of re-staffing and re-skilling when stress results in staff turnover or burnout.
Companies are now turning to implement their own wellness programs, where the positive results have been repeated in a report titled âRight Management Revueâ (2009). This workplace wellness report has shown that when health and wellness are managed well:
- Organisation performance increases by 25%.
- Employee engagement is increased nearly 8 times.
- Creativity and innovation is enhanced by a factor of nearly four.
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When workplace wellness is not managed well, an organisation is 4 times more likely to lose talent in the next 12 months.
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Many major companies are attempting to avoid work stress impacts by finding ways to keep a healthy, happy productive workforce. Increasingly in Europe and US currently, floatation therapy is being introduced to provide a solution.
Other stress-relief alternatives demand a high level of commitment and dedication for noticeable results, as the effects are not instant. It may be weeks or even months before any noticeable effect becomes evident.
Floating offers instant relief and requires no skills (other than the ability to lie still for an hour!). A float session is guaranteed to eliminate stress, leaving you with a clear mind to concentrate on the matter in hand.
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