Diverse costs of running a business of any size are inevitable. There will always be factors driving down your productivity, and your employees will not be riveted to their work desks at all times. Inefficiencies can and do occur, as for example when a worker takes a day off sick.
A myriad of issues
There is also a myriad of other, perhaps lesser-known, factors at work here besides the usual ones: Domestic abuse, litigation and workplace bullying are just a few of these, and they all have to be effectively tackled if you want your business to run as smoothly and efficiently as possible.
Stress and insomnia
Workers who suffer from insomnia can miss as much as five days a year on top of the average absenteeism, and stress causes even more problems. Turnover and productivity are seriously affected, and the costs of compensation and related matters mean that employees with high levels of stress can end up costing almost half as much again as the average worker. Stress can also have an impact on the incidence of inappropriate behaviour and taking shortcuts on workplace tasks which may prove dangerous to staff and customers alike. Sometimes you can trace these issues to a source, and in many cases, that source is screen use on top of the many other stresses of a workplace. Excessive screen use can cause headaches, insomnia, and general unrest. Unlike some other issues, this one can be fixed easily with a pair of blue-light-blocking glasses, check this out for an example. These glasses prevent the glare and flicker of a screen from causing negative side effects and enable workers to get on with things with no hassle.
Bullying
Verbal abuse and intimidating conduct by some employees can have invidious affects throughout an organisation and needs to be nipped in the bud. Workplace bullying can cost a large organisation millions of pounds a year in turnover, loss of productivity and legal fees.
Use of smart phones
Whilst not generally classed as a problem, the use of smart phones in the office can be an annoyance that has a real impact on company productivity. Many employees claim that their phones actually make them better at their job, but the jury is out on this and it’s wise to put a few sensible limits on their use in the workplace.
Substance abuse
Productivity is seriously compromised, as you might expect, by the habitual use of drugs and alcohol. As part of your hiring process, you may wish to introduce a biometric screening drug test in which you can see the health levels of potential employees, which will highlight if any have a history of substance abuse. As well as in terms of lost profits, employees engaged in substance abuse typically arrive late or don’t show up at all; they may be involved in accidents on the business premises and are much more likely to create a disturbance when reprimanded or even questioned.
With this being said, painkillers like opioids are one of the most common substances people get addicted to, and if your employee started taking these painkillers because of an injury they got from work, you may want to get them help from someone like Recovery Delivered so they can overcome their addiction. They did injure themselves working for you, after all. On top of this, if one of your most loyal or productive employees becomes addicted to drugs, you might want to help them onto the road of recovery to thank them for the loyalty they’ve shown.
Introducing an oral fluid lab test is one simple and easy way of addressing the matter in the case of an employee who is suspected of abusing drugs or alcohol. The results will also stand up in court if it comes to that.
Conclusion
In conclusion, it’s crucial for businesses to recognize the financial impact of employee issues on their bottom line. From decreased productivity to higher turnover costs, unresolved morale issues can lead to significant losses. However, implementing morale-boosting programs and incentives can effectively address these challenges. So, by prioritizing employee well-being and satisfaction through initiatives such as recognition programs, professional development opportunities, corporate gift cards (they must have probably got it here) and flexible work arrangements, businesses can not only mitigate financial losses but also foster a positive and productive work environment conducive to long-term success.
Moreover, each organization must create a tailored program that underscores the importance of a safe workplace and outlines each employee’s responsibilities. The specifics of such a program will differ among companies, shaped by factors like available resources, geographical location, corporate culture, and prior encounters with issues like substance abuse. This proactive approach not only enhances employee morale and productivity but also contributes to a safer and more supportive work environment, ultimately benefiting both employees and the organization as a whole.
