New data from Georgia employees and executives offers clarity on what will help.
Georgia employed adults and executives report shocking levels of burnout impacting not only their own mental health, but also productivity, workplace culture, and company retention efforts, according to a new report by goBeyondProfit and Georgia CEO.
The report found that a striking 70% of employed adults in Georgia feel some level of burnout in their job, with one-in-five indicating that burnout is directly affecting their work performance. This phenomenon is not isolated to Georgia’s workforce as 2-out-of-3 Georgia-based executives also admit to experiencing some level of burnout.
The full report titled “2023 Business Generosity Report: Burnout’s Toll and Generosity-Based Solutions” can be found here.
“Regardless of a company’s industry, location, or size, burnout is taking a toll in Georgia,” says Megan McCamey, President of goBeyondProfit. “As employers grapple with labor shortages and fears of a recession, new data finds that generosity-based solutions offer tangible business benefits in the fight against burnout.”
This new data points to pervasive burnout across all levels of management within a company. 78% of Gen Z, 67% of millennials, 75% of Gen X – those most likely to make up the bulk of senior leadership roles and the hardest to replace – and 65% of Boomers all report experiencing some level of burnout.
What’s worse, one-in-three employees say their job has caused mental health challenges in the last 12 months. That number jumps to 51% for employees ages 18-24.
Burnout connects directly to decreased productivity, retention, and erosion of company values and purpose according to new research by goBeyondProfit.
Thankfully, this year’s report offers low-cost solutions to burnout including greater flexibility – as defined as the ability to balance work and life demands as they arise without having to take PTO – more empathy from managers, fewer meetings, and increased benefits such as childcare or elder care support.
The 2023 report is based on concurrent surveys that were conducted between March 27 – June 2. To see the full methodology, click here.
Georgia CEO is a network of local websites focused on business growth, innovation, and performance in 13 Georgia cities.
goBeyondProfit is a statewide alliance of more than 2,100 business leaders committed to corporate generosity and improving people’s lives.
For more information about the 2023 Business Generosity Report, contact Tyler Jacobs, tjacobs@gobeyondprofit.org.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230622213622/en/
Contacts
Tyler Jacobs, tjacobs@gobeyondprofit.org
