Future Business Leaders of America (FBLA) Business Management Practice Test

How much do job-related stressors cost businesses annually?

1. Thousands of dollars

2. Millions of dollars

3. Billion dollars

4. Trillions of dollars

The correct answer is: Millions of dollars

Job-related stressors have significant financial implications for businesses, costing millions of dollars each year. This estimate encompasses various factors, including decreased productivity, increased absenteeism, higher turnover rates, and healthcare costs associated with stress-related conditions. Moreover, businesses face additional expenses related to hiring and training replacements for employees who leave due to stress. Understanding this figure is crucial for businesses as it highlights the importance of addressing workplace stress. Implementing stress management programs, enhancing workplace environments, and encouraging work-life balance can lead to improved employee well-being and financial performance. The complexity and variety of workplace stressors collectively contribute to this substantial cost, making it essential for organizations to proactively manage these issues to mitigate their impact.