The cost of burnout to employers
Let’s get straight to the point: businesses exist to make money, and addressing burnout comes with a cost. But what’s the return on investment (ROI) for burnout prevention? The data tells a compelling story.
The True Cost of Burnout
Replacing an employee lost to burnout costs between 0.5–2x their salary, including recruitment and training expenses. And that’s just the aftermath. The lead-up to their departure often involves decreased engagement, which studies estimate costs organizations $3,400 for every $10,000 in salary. (sources down below)
Burnout isn’t just about individual mental health—it’s about business performance. Here are some key stats to consider:
57%: Increased risk of employees taking two or more weeks off due to illness when experiencing burnout.
84%: Increased risk of developing Type 2 diabetes for burned-out employees.
180%: Increased risk of depressive disorders.
1 in 2: Employees have experienced burnout symptoms in the past month.
And here’s another critical insight: 75% of employees believe that preventing burnout is the organization’s responsibility. (That’s what HR refers to as a “duty of care.”)
The Business Case for Burnout Prevention
Burnout prevention isn’t just about doing the right thing for your people; it’s about protecting your bottom line. When employees feel supported, they’re more engaged, productive, and loyal to the company.
At Latitude, we specialize in delivering customized trainings that equip leaders and employees with actionable skills to stay engaged and thrive at work. Participants leave our sessions with:
A personalized action plan to address burnout.
A renewed sense of relief and purpose.
Pride in working for a company that values them as people, not just employees.
Our trainings range from $3,500 to $7,500+, depending on your needs. Ready to take the next step? Learn more about our offerings here.
Let’s work together to build a workplace where people and profits can thrive side by side.
Sources:
https://www.pcbb.com/bid/2022-03-30-mitigating-employee-stress-for-higher-productivity