Employee burnout is getting more prevalent, increasingly impacting their productivity–and their organization's bottom line, according to O.C. Tanner's 2020 Global Culture Report.
O.C. Tanner surveyed of 20,000 workers and leaders across the globe and found that 40 percent of employees are experiencing moderate-to-severe burnout. Employers are impacted: 95 percent of HR leaders admit burnout is hurting retention at their organizations, contributing to up to one-half of annual workforce turnover.
"Now, more than ever, employees are expected to do more with less. Burnout is a real and present threat," the authors write. "After decades of being isolated to a small number of specific industries, many global organizations now realize that burnout is more pervasive and may be curbing their ability to succeed."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.