Is work-life balance becoming more elusive than ever with work-related stress and workforce burnout rates surging more than ever? Are we becoming an overworked society? Or are we the most productive lot? Where do we stand? Are we paying a very high price? If we think that work-life balance is a topic of interest only to the employee, then we are wrong. World Health Organization estimates that the economic loss because of mental health conditions between 2012 and 2030 is an estimated value of USD 1.03 trillion. It can wreak havoc on the bottom lines.
Burnout – How Do We Understand it?
The World Health Organisation (WHO) defines burnout :
“Burn-out is a syndrome conceptualized as resulting from chronic workplace stress that has not been successfully managed. It is characterized by three dimensions :
- Feelings of energy depletion or exhaustion
- Increased mental distance from one’s job, or feelings of negativism or cynicism related to one’s job and
- Reduced professional...