The online version of a major business school publication has an account on how to minimize burnout, the condition of employees failing because of stress from work. The writer of this account is the author of a book on time management. He says burnout costs companies 125 to 190 billion dollars per year. He cites three causes: too much management interference in projects, bad management of time, and putting too much work onto the shoulders of the most productive employees. He offers ways to mitigate these conditions.
- Employee burnout leads to a decrease in productivity which can then be a detriment to the company
- There is evidence out there that suggests that companies that put a lot of weight on their employees tend to lead to high burnout in their workers
- Better time management and changes in the overall organization of the company to combat burnout can lead to more satisfied employees
“Employee burnout is a common phenomenon, but it is one that companies tend to treat as a talent management or personal issue rather than a broader organizational challenge. That’s a mistake.”