absenteeism and lack of engagement among stressed-out staff. In a Chartered Management Institute (CMI) survey of more than 1,000 managers and team leaders, 71% said they had seen evidence of the crisis increasing stress and anxiety for their teams.
Of these, 93% said it was affecting employees’ productivity. That amounts to 66% of all the managers surveyed. Forty-one per cent of the respondents highlighted “more distraction, less focus and attention to detail”, 33% increased sick leave or absence and 31% a reluctance to take on extra work.
“We were very surprised at the extent to which there were these very visible knock-on effects,” said the CMI’s director of policy, Anthony Painter. “There seems to be a sort of bandwidth issue, where people are facing extreme money worries, and that’s narrowing their field of vision, their ability to do their work well.”
Read more at The Guardian