Burnout and compassion fatigue are the primary factors that lead to high turnover rates, low productivity and loss of social and monetary capital. In order to promote wellbeing among staff, it is equally important to assess the health of the organization and implement necessary strategies to combat burnout and illness.
According to a study conducted by the Center for Disease Control, work related illness costs workplaces between $150 billion to $300 billion annually.In addition, hidden costs such as higher insurance premiums place workplaces at a disadvantage.
In addition, a majority of employees spend a majority of their time in the workplace. Workplace are directly and indirectly responsible for implementing population health solutions for their employees.
Implement population health in the workplace
According to the American Time Use Survey, employees spend half of their day at work. If we can implement health strategies in the workplace, we can move towards better health for our society.
Reduce turnover rates
Turnover rates impact employers insurance premiums, budgets and quality of work. By implementing health strategies into workplaces, we are able to promote healthier attitudes towards work, reduce turnover and create stable work environments and the communities they work with.
Burnout and compassion fatigue cost workplaces an estimated 13 days per year in sick days and unexpected call ins. Productivity leads to progress and profit. When productivity is impacted by illness, burnout, compassion fatigue, etc it delays the progress and impacts the quality of work.