Stress is often a significant issue in workplaces. Author Ravi Tangri asserts that stress costs organizations up to $300 billion per year. Which one of the following stresses is the largest contributor to organizational cost of waste?
Suggested Answer:A🗳️
Answer option A is correct. Based on Ravi Tangri's book Stress Costs, stress is responsible for 60 percent of workplace accidents. Answer option B is incorrect. Based on Ravi Tangri's book Stress Costs, stress is responsible for 40 percent of employee turnover. Answer option C is incorrect. Based on Ravi Tangri's book Stress Costs, stress is responsible for 19 percent of employee absenteeism. Answer option D is incorrect. Based on Ravi Tangri's book Stress Costs, stress is responsible for 10 percent of drug plan costs. Certification Institute, ISBN: 978-1-586-44149-4, Section III, The US HR Body of Knowledge.
C. Absenteeism
Absenteeism is often cited as one of the largest contributors to the organizational cost of waste due to stress. When employees are stressed, they are more likely to take time off work, which can significantly impact productivity, increase the burden on other employees, and lead to additional costs for the organization in terms of lost workdays and potential temporary staffing. While workplace accidents, turnover, and drug plan costs also contribute to the overall cost of stress, absenteeism is frequently identified as the primary factor.
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DonRichy
3 weeks ago