Workplace burnout is costing employers big time, according to a new study by telehealth provider MeMD. A Gallup poll found that 23% of employees reported feeling burned out at work often, and workplace burnout costs $125 billion to $190 billion per year in additional healthcare spending, according to the Stanford Graduate School of Business.
Common characteristics of burnout include absenteeism, low morale, diminished commitment, dissatisfaction with job performance and frequent job-hopping. While burnout affects all industries, workers in high-stress, high-demand positions are especially vulnerable, MeMD said. The company said that there was a “pressing need” for mental healthcare services in high-risk industries, including:
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