From the smallest flower stall business to the largest software empire, stress is part of a business owners work day. Small amounts of stress are known as positive stress and can be a good thing. Positive stress can sharpen your thoughts and provide a valuable boost to your mental images.
Large amounts of stress are known as negative stress and can be particularly damaging – but it’s not just business owners that suffer from stress. Did you know that many workers compensation insurance claims are stress related?
When you think of workers compensation claims, what initially comes to your mind? Most people think of physical issues like back injuries, repetitive strain problems, machine use injuries and so on.
Most business owner are aware of their obligations to their workers when it comes to physical health, but what about mental health, is the owner responsible for that too? The answer is yes – work related mental stress can be grounds for a workers compensation claim.
The most obvious way to identify and reduce mental stress to your workers is to have a reliable means of communication. Listen, discuss and implement changes where practical. Tackling stress related issues early in your workplace might reduce the risk of a claim on your CA business insurance but it can have wider benefits too – a stressful workplace can result in a high staff turnover, which in turn can increase your costs and lower your overall productivity.