Layoffs And The Stress Response - Workplace Wellness Blog by Wellergize

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Blog Overview Blogger Profiles Event Calendar You can also visit our other sites: EmployeeWellness.ca WellnessFair.ca Workplace Wellness Info on NaturalHealthcare.ca	\| Share: \| more Layoffs And The Stress Response The cost of laying off employees. Due to the stress associated with layoffs it has had a psychological impact on many businesses. Many research studies have shown that negative emotions such as fear, anxiety, and sadness go with workplace stress. These emotions have a negative effect on workers’ emotional and mental state, and performance. The judgments and decisions executives and managers can become skewed or unstable under stressful conditions, especially if a company is focused on numbers. The companies that have survived rough economic times in the past are those that manage their human capital assets well. These companies will do better than those than who focus on other things. Poor human capital management leads to inadequate strategic thinking and decision making. Recent research shows that there is a relationship between poor work performance and the negative climate produced by layoffs, usually referred to as “layoff survivor syndrome”. Layoffs not only create stress for employees who are laid off, but also for those who stay behind. The generally held belief is that anxious workers will perform better, but in reality the reverse is true. Research has shown that people who experience prolonged job stress face two times the risk of having a heart attack as non-stressed workers. In organizations where employees have been laid off it is assumed that who are still employed need little or no attention. Based on survey data survivor employees want two things from management: competent management (competence to lead through a crisis) and caring management (humanistic behavior). Many organizations believe by laying off employees it would reduce costs dramatically, but this is an overestimation. Only 30% of organizations that laid off employees increased productivity and profits over a 3 to 5 year period. Managers who are responsible for implementing layoff experience a great deal of stress. Since the economic recession more than 50% of managers have reported stress-related symptoms, according to ComPsych, a EAP company in the U.S. Leon Grunberg, a sociologist at the University of Puget Sound who conducted a long term job stress study among managers, reported that managers were reporting stress symptoms up to 3 years after layoffs took place. Read more here Posted by: suhujitha on 2009-09-08 12:09:51 Subscribe to the feed Direct Link to this post Next post: Dopamine impacts your willingness to work 2012-05-12 10:04:13 Other posts tagged stress, mental health, employee engagement, survivor syndrome, morale: · [Comparing suffering may stop people seeking help for depression and anxiety] · [Jealousy and envy at work are different in men and women] · [Taking a vacation from email decrease stress, increase concentration] · [The psychological risks of health staff working at the ICU and strategies to prevent them] · [People with balanced time perspective more likely to call themselves content] · [Many employee assistance programs lack a comprehensive approach to addressing intimate partner violence] · [Adults experiencing mental illness have higher rates of certain chronic physical illnesses] · [Emergency dispatchers suffer from symptoms of PTSD, study reveals] · [Study finds those who feel they must stick with employer become more emotionally exhausted] · [Benefits of taking Fido to work may not be far-fetched] · [Mental health workers: the overlooked victims of 9/11] Don't forget: there is a search box on every page! 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