Chris Holden

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“Defending Against Burnout and Retaining Good Employees “

by Chris Holden - March 7th, 2019.
Filed under: Business, Finance, Money.

Burnout is a major issue in today’s work environment. It is fueled in part by the pervasiveness of electronics that keep us connected almost constantly. Employees compare themselves and their functions to others. Work is never more than a text or message or post away.

 

Keeping employees and helping them see their successes reflects on you as a leader. When your workers are functioning at their peak, your company operates more smoothly as well. Retention eliminates the steps of retraining new employees. Preventing burnout is in the favor of management and employees alike.

 

Paul Saunders recently shared some insights on reducing burnout at work. He is a co-founder and principal officer of James River Capital Corporation. James River Capital offers an array of investment advisory services in the United States. The company provides commodity trading, investment management, and other related services.

 

Mr. Saunders advises that management should pay attention to warning signs of burnout, and address those signs effectively, before burnout costs the company valued employees. It is beneficial to both leadership and workers alike. He labels and addresses several contributing factors to stress and burnout.

 

A major factor that causes stress is a loss of control. Rigid time management practices create feelings of hopelessness and frustration. Employees benefit from flexible work situations and from taking a few minutes daily to plan for their goals. It puts them back in control of their time. Leadership should communicate the idea that managing the day is part of being in control of their work. Employees benefit from taking a few minutes daily to set goals and plan their day.

 

Negative feelings about the workplace develop when it seems there is a lack of transparency from management . Management needs to communicate reasons behind decisions openly. This includes explaining promotions that are awarded and compensation that is given for any particular job.

 

Stressed employees demonstrate a shift in attitude. Management should encourage disconnecting from work during down time. Employees benefit and are less likely to burn out when they have hobbies and leisure activities away from work. It adds value to the entire purpose of their life and work.

 

A serious and detrimental aspect of approaching burnout is that the stressed employee begins to exhibit a loss of confidence. The endangered employee begins to second guess the quality of their decisions and work. They contribute less to the team effort of the company and disengage from the process. Management can give them tools to get back on track. An alert leader will assist in helping them set both personal and professional goals that are achievable and reflect their contribution.

 

Preventing burnout is a strong leadership commitment. Learn more: https://paulsaundersjrcc.wordpress.com/

 

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