Employee Burnout

More and more people are feeling tired and lonely at work. According to Harvard Business Review, employee burnout has increased by more than 30% in the past two decades and 50% of people say they are often or always exhausted due to work. The same research shows that burnout isn’t just a problem for certain high-pressure careers, it’s a pervasive problem seen across all industries and at all levels of the corporate hierarchy. The link between employee burnout and lost productivity is an obvious one, but there is also a clear relationship between burnout and employee turnover. In fact, a survey of HR leaders indicates that burnout is responsible for up to half of annual turnover, and this turnover is a very costly problem for employers. The employee turnover resulting from burnout creates all of the direct costs associated with recruitment and onboarding as well as indirect costs like lost productivity. These costs can add up to 100% of salary or more depending on the skill level and seniority of the position. To reduce the costs associated with employee burnout, we first need to understand the causes of burnout and how organisations can best address them. According to a 2017…