UK Small Businesses Are Stressed Out – And They Don’t Know How To Deal With It

45 million days were 'lost' to stress, anxiety and depression last year, costing the UK economy £2.4bn

UK Small Businesses Are Stressed Out – And They Don’t Know How To Deal With It

73% of UK small businesses say that stress has been an issue for them in the past three years, according to a survey by Jelf Employee Benefits.

The survey, of 124 UK companies, revealed that despite the fact 85% of respondents believe stress is only increasing in risk to their firm, 75% don’t actually have a policy to help.

Among those businesses who have some form of relief available, just 5% believe their line managers and employees are actually aware such help exists.

According to the Office of National Statistics’ Labour Force Survey, 45 million days were ‘lost’ to stress, anxiety and depression last year, costing the UK economy £2.4bn.

Jelf Employee Benefits suggest that employers and employees suffering from stress should avail of cognitive behavioral therapy (CBT), provided it’s included in their employee assistance programme (EAP).

CBT is a form of psychotherapy which focuses on the development of personal coping strategies.

Chris Cannon, business development manager, healthcare, Jelf Employee Benefits said:

“Stress is a problem for most companies but support is available. CBT may only be one element within an EAP but it is an important one in terms of supporting employees through stressful situations.

“CBT is considered the gold standard in the treatment of anxiety disorders, and employers would be wise to ensure it is part of their EAP programme – not simply because of its immediate effectiveness, but employees learn skills that they will carry forward too. The business case could not be simpler.”

 Keen to make your workplace stress-free? Read this guide on how to help your employees when they’re feeling down.

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