Reported on Fri, 14 Jul 2006

Stress costs the UK economy £3.8 billion a year, according to new research and a business loan may help those companies looking to reduce the impact of stress on employees and business alike.

Almost two-thirds of all companies in the UK have had to deal with various cases of employee stress, according to a survey from HSA.

Although 40 per cent of business thought stress could be reduced by implementing new measures, 69 per cent of respondents claimed that employee stress was low on the management agenda.

Suzanne Clarkson, head of corporate marketing at HSA, said:" It might be advisable for companies to start weighing up the cost implications of failing to take a more proactive approach,

"In terms of not only potential stress-related litigation claims but, arguably more importantly, in terms of the general health and happiness of employees."

Earlier this week a survey carried out by Leeds University found that women were more likely than men to turn to unhealthy habits, such as smoking and comfort eating, to cope with work related stress.

Business owners who require additional funds to cover the cost of implementing measures to reduce stress and promote employee health and wellbeing could benefit from a business loan.

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