"Resilience" could be the trending workplace buzzword, as employers search for better ways to get the work done without burning out those who are doing the work.
Betting on this trend is meQuilibrium, a company that specializes in resilience research and training. The company offers a plethora of tools for enhancing the quality of resilience in employees.
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It defines resilience as "an individual's ability to properly respond to stress and adversity." The company says an investment in resilience leads to "measurable, positive effects on worker health and performance."
As part of its mission to build resilient workers, it has released a list of 10 reasons why a company's 2016 benefits package should address the matter of employee resilience. The information is drawn from various research studies and can be found on the company website. Among them are these 10:
1. Stress is as bad a secondhand smoke.
This follows from the results of a Harvard Business School study cited by meQuilibrium that equates the unhealthy side effects of stress to those of secondhand smoke.
2. Stress costs companies.
U.S. companies shell out $300 billion annually to pay the price of workplace stress, through their health insurance, absenteeism, and poor performance.
3. Stress exacerbates costly health conditions.
Stress makes such disorders as heart disease, obesity, and insomnia worse, all of which are major contributors to health plan costs.
4. Resilience measurably reduces stress.
Resilient workers report having 46 percent less stress in their lives than non-resilient workers.
5. Resilience=job satisfaction.
Resilient workers are four times more likely to be satisfied with their jobs than non-resilient employees.
6. Resilient workers show up.
Resilience pays off in days worked; resilient workers show up an average of three more days a month than those who lack resilience.
7. Resilience=better health.
Resilient workers are five times more likely than their non-resilient co-workers to report being in very good or excellent health.
8. Resilient workers stick around longer.
Those judged to be resilient are 50 percent less likely to quit their jobs.
9. Burn-out avoidance.
Resilient workers are 57 percent less likely to say they're burned out than their less resilient cohorts.
10. And the big payoff: ROI.
A business can realize an estimated return of $600,000 per 1,000 employees if the resilience rate among the workforce moves up 3 percent.
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