OFFICIAL PUBLICATION OF THE INDEPENDENT COMMUNITY BANKERS OF COLORADO

Pub. 3 2024 Issue 1

Burnout! Keeping Your Best Employees

Employee burnout has become a growing concern in recent years, with more workers reporting feelings of exhaustion, cynicism and reduced professional efficacy. Burnout not only negatively impacts employee well-being but also affects organizational performance and productivity.

Burnout is defined as a state of physical, emotional and mental exhaustion caused by prolonged exposure to stressful work conditions. It is a severe problem that can lead to negative outcomes for both employees and organizations, including absenteeism, turnover and reduced productivity.

According to a Gallup study, employee burnout has become increasingly common in recent years, with 23% of employees reporting feeling burned out at work often or always. The study also found that burnout is more common among millennials than other generations, with 28% of millennials reporting feeling burned out at work often or always.

There are many factors that can contribute to burnout, including workload, job insecurity, lack of autonomy and poor management practices. According to Gallup, the most significant predictor of burnout is an employee’s workload. Employees who feel overwhelmed by their workload are much more likely to experience burnout than those who feel they have a manageable workload.

In addition to managing workload, what can organizations do to prevent or alleviate employee burnout?

  1. Providing job security: Organizations should work to provide job security for their employees and to communicate clearly about the stability of their positions.
  2. Offering autonomy: Organizations should provide employees with autonomy over their work and encourage them to take ownership of their tasks.
  3. Providing support and recognition: Organizations should provide support to their employees, including feedback and recognition for their contributions.
  4. Encouraging work-life balance: Organizations should encourage employees to maintain a healthy work-life balance, including taking time off when needed and avoiding overwork.

In conclusion, employee burnout is a genuine problem that can negatively impact both employees and organizations. To prevent or alleviate burnout, organizations must address workload issues, provide job security, offer autonomy, provide support and recognition and encourage work-life balance. By doing so, organizations can create a healthier and more productive workplace for their employees.

For more information on avoiding burnout and keeping your awesome employees, contact Connie West at The James Paul Group, cwest@jamespaulgroup.com, or toll-free at (877) 584-6468. Your best talent and your customers will thank you!

The James Paul Group, enhancing the performance of your most valuable asset: your people!

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