Worried Workers: Korn Ferry Survey Finds Professionals Are More Stressed Out at Work Today Than 5 Years Ago
LOS ANGELES--(BUSINESS WIRE)--Nov 8, 2018--Bad bosses, lost sleep and increased conflict at home. A new Korn Ferry (NYSE:KFY) survey of professionals shows stress at work is increasing, with nearly two-thirds (65 percent) of respondents saying that compared to 5 years ago, their level of stress at work today is higher.
More than three-quarters (76 percent) of respondents say stress at work has had a negative impact on their personal relationships and 66 percent say they have lost sleep due to work stressors. In addition,16 percent say they’ve had to quit a job due to stress.
The survey also points to stress triggers. The largest percentage of respondents (35 percent) say their boss is their biggest stressor at work, and more than three-quarters (80 percent) say a change in organizational leadership (e.g. new boss or division head) has an impact on their stress level.
“There are many factors that cause increased stress levels at work, including keeping up with changes in technology, increased workloads and interpersonal conflict,” said Dennis Baltzley, Korn Ferry senior partner and global head of Leadership Development Solutions. “Obviously the capacity to deal with stress will vary from individual to individual, but organizations can take steps to help mitigate stress, such as offering training on new technologies and development for managers on how best to lead.”
The survey also found that a heavy workload is less stressful than looking for something to do. More than three-quarters (79 percent) of respondents said not having enough work is more stressful than having too much work. When considering balancing work and pay, nearly three-quarters (74 percent) say they would prefer more work but more compensation to less work and less compensation.
“There is the old adage that if you want something done, ask a busy person,” said Baltzley. “And while most professionals thrive on rewarding and challenging tasks, it’s critical that they have work/life balance to stay healthy and productive. Employers should be mindful of creating a work environment that offers employees clear, attainable goals.”
When it comes to talking about what is stressing them out at work, the professionals were split, with 47 percent saying they would confide in a co-worker, and 53 percent saying they would not.
About the Survey
There were 1,951 responses to the survey of professionals, which took place in October 2018. Note, due to rounding percentages may not equal 100 percent.
About Korn Ferry
Korn Ferry is a global organizational consulting firm. We help clients synchronize strategy and talent to drive superior performance. We work with organizations to design their structures, roles, and responsibilities. We help them hire the right people to bring their strategy to life. And we advise them on how to reward, develop, and motivate their people.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181108005286/en/
CONTACT: Korn Ferry
Liz Allison, 310-556-8583
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING HUMAN RESOURCES OTHER PROFESSIONAL SERVICES
SOURCE: Korn Ferry
Copyright Business Wire 2018.
PUB: 11/08/2018 08:00 AM/DISC: 11/08/2018 08:01 AM