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Counting the cost of burnout to companies
euronews (in English)
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1 year ago
Mental and emotional stress in the workplace can take a heavy toll on individual employees. It also has a financial impact on companies. Investing in resources to tackle burnout can benefit employers and their staff.
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00:00
From the summer of 2020, we've been growing, working with various organizations, mainly
00:10
in tech sector and some government bodies, and partnered up with other organizations
00:15
such as Vilnius University, who became investor and co-owner of Mindletik.
00:21
Then we also got licensed by Keuleven University in Belgium, who are providing us their burnout
00:28
assessment tool access, so we can analyze burnout risk in organizations there and prevent
00:35
the costs for organizations.
00:38
And we also partnered up with MIT, where they are sending their students to have internships
00:45
with us on a yearly basis.
00:49
Some organizations are counting half a year of salary for the person lost to burnout,
00:55
because not only that you have to off-board the person, but hire a new person, on-boarding
01:00
the new person, and it costs a lot.
01:03
Per 100 employees, we approximately save 58 hours of managers' time, because instead
01:09
of coming with heavy situations to managers, they actually resolve that with us, reflecting,
01:15
using our tools, joining our anonymous groups, working with our psychologists, etc.
01:21
While seeing our data, we see that even after six weeks, people who work on themselves and
01:27
reflect, they tend to respond to triggering heavy situations more constructively, meaning
01:32
that they are no longer triggered so much, and they have bigger resilience for difficult
01:37
situations there.
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