One of the ways a business can implement Corporate Social Responsibility is ensuring its employees operate in responsible environments – both in safety and in health. In the same vein, business sustainability and success can never be achieved without placing priority on the welfare of employees. Likewise, the International Labour Organization (ILO), in ensuring right work place practices places high importance on the safety and health of all workers at all levels all over the world.
In this report, ILO therefore emphasizes its commitment to place the health and safety of all workers on the international agenda; stimulating practical action at all levels, by bringing to fore the negative impacts of stress on productivity and the economy.
This report not only details the psychosocial hazards and causes of stress across the world by analyzing ten (10) characteristics, but it also lists practical measures to preventing work related stress. In addition to supplying the impacts of work stress on health, safety, wellbeing and productivity, ILO provides figures from all continents, making it easy for any reader to relate to the report.
It further summarizes world-wide legal standards at guiding against work-related stress and the specially tailored strategies in place for preventing the causes of stress, developed by several international organizations such as the WHO, OECD, regional organizations such as SADC, PAHO, as well as other organizations and groups. It also presents as case studies the results of two studies carried out on the situation of stress in 54 countries across the world, to buttress the abounding negative effects of work place stress and also reveal the positive expectations of workers.
Any stakeholder interested in knowing the economic costs of stress across different continents and especially in developed nations will find this report very resourceful. To drive home the essence of its thrust, ILO concludes that workplace stress, its causes and effects, is a collective problem that requires a collective but multi-faceted approach to addressing it.
The publication is thus relevant to all individuals, business leaders and human capital practitioners as a veritable tool to ensure employees are both useful to themselves and productive to the organizations, economies and the world at large.
Publisher: International Labour Organization
Date of Publication: 2016