5 million dollars down the drain: Is employee burnout draining company profits?

5 million dollars down the drain: Is employee burnout draining company profits?

Employee burnout is costing businesses millions, with the average US company losing around $5 million annually due to disengagement and lost productivity. A new study highlights how burnout impacts different employee levels, why it spreads, and how companies can prevent it. Employers who invest in well-being strategies can significantly cut financial losses and boost performance

The study found that employee disengagement/burnout can cost employers 0.2–2.9 times the average cost of health insurance and 3.3–17.1 times the cost of training per employee. Representational Image/Pixabay