THE COST OF STRESS
Stress costs US industry $300 billion annually due to absenteeism, loss of talented workers, and rising healthcare costs. 70% to 90% of employee hospital visits are linked to stress. (Source: National institute for Occupational Safety and Health)
Companies like Apple, Google, Procter & Gamble, HBO, McKinsey & Co have been investing in corporate Mindfulness and Meditation programs for years in order to decrease stress and improve employee mental health .
In the end of the day, employees are the most valuable company asset. Fostering a healthy and mindful company culture helps the employees be healthier, happier, more focused, and it increases their mental clarity, productivity and ability to handle stress. Happy employees means a more profitable business. Forbes recently reported that the “Fortune’s ‘100 Best Companies to Work For’ stock prices rose an average of 14% per year over a 7 year period, compared to 6% for the overall market.”
While there is no way to totally eliminate stress from the workplace, many employers are doing everything they can to improve their employee wellbeing. A growing number of employers are introducing meditation at their office in an attempt to facilitate stress management and increase their employee health, happiness and productivity. Having different wellness solutions and well-being programs create organizational culture of health and support. Having employee wellness programs is also a very important and effective approach if a business is to create and support healthy habits and healthy living.