The First Client Problem
The limitation of this approach is that for it to work, everyone or at least a critical mass of companies needs to take part. But companies are loath to disclose such sensitive information.
One way around this is to offer different pricing tiers. A company that disclosed its own information on an anonymized basis might get a huge discount. But those who want data but dont want to disclose their own would pay a significantly higher price.
The idea of pooling data to create industry benchmarks isnt unprecedented. Back in the late 1990s, Keynote Systems and Service Metrics made a business out of providing benchmarks for website performance.
Back then, the guys who ran IT at retail financial institutions like Fidelity got pumped on being at the top of the leaderboard relative to Schwab or Waterhouse or the other web trading platforms. Literally, they tried every month to be at the top of the leader board, by demonstrating the fastest website load times and web application transaction time. If they made the top, they ultimately had a chance of being compensated more generously. If they were at the bottom, they risked getting fired. They loved it, but they were also scared to death. This was what then helped drive adoption for benchmarking platforms.
Are Your Best Employees Leaving
Employers can often feel that their best employees are continually leaving them, and that may be related to your organization. HR experts have spotted some reasons why good employees quit their jobs.
Among them, the lack of confidence and autonomy, lack of appreciation or recognition, lack of respect, few or no opportunities for growth and development, feeling underutilized, having a bad manager who discharges frustrations and resentment over the team, poor
management, poor communication, excessive workload, lack of support, not finding a balance between work and personal life, lack of inspiration or unhealthy environment, seeing that the other good employees leave, lack of coincidence with the values of the company, and changes in their personal life.
Thus, feeling undervalued is among the main reasons for leaving jobs. You spend many hours at work, sharing time with your colleagues and of course, you want to feel comfortable. Nobody enjoys spending eight or ten hours a day in a place that make them feel unhappy. When you work hard and nobody notices it, or your ideas are not even considered, frustration and unhappiness levels increase.
Tip : Reduce Stress At Work By Breaking Bad Habits
As you learn to manage your stress at work and improve your work relationships, you will have more control over your ability to think clearly and act appropriately. You will be able to break habits that increase your stress at work – and you will even be able to change negative mindsets about things that only increase your stress.
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Tip : Learn How Managers Or Employers Can Reduce Stress In The Workplace
It is in a manager’s best interest to keep workplace stress to a minimum. Executives can act as positive role models, especially in times of high stress, by following the tips outlined in this article. If a respected manager can stay calm in stressful work situations, it is much easier for their employees to stay calm.
In addition, there are a number of organizational changes that managers and employers can make to reduce workplace stress, including:
What To Do When The Answers Dont Satisfy You
You might be wondering, what should you do when the mix of what you love to do isnt to your liking?
First, do your less-favorite elements of your job brilliantly. Your credibility with leaders and teammates will increase when they can count on you to complete the most mundane tasks effectively. Few people want to work with someone who believes they are too good for some jobs. At the same time, you can also communicate with your manager about what you love to do, and share your longer-term goals with them. They may be able to help you develop in the direction you want to grow.
If you find the proportions of what you love to do and what you must do arent right, you could seek another role, or ask if your company can reassign you. You could also work with teammates to explore any potential adjustmentsperhaps your colleague loves to do what you dont and would be more than happy to do more of that type of work.
The key here is to be conscious and intentional about your work, so you can make choices and empower yourself about your short- and long-term opportunities. When youre realistic about the mix of your joband the less exciting tasks it may includeyoull probably find that doing work you love is 100% possible.
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Ways Employers Can Manage Stress At Work
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Most of the stress we experience comes from our jobs and worksites. Stressed workers are more likely to smoke, drink, be inactive, eat poorly, have relationship issues, and get sick more often. All of this means decreased productivity. Thankfully, employers can help to manage stress at work.
Job stress costs billions of dollars every year because it leads to more absenteeism, medical expenses, and workers compensation claims.
Here is a comprehensive list of the main causes of worksite stress and a corresponding list of successful ways to help employers reduce stress in the worksite and help employees manage stress.
Worksites and wellness programs that have good control of stress at work have healthier, more productive employees. They also have lower health care costs.
Browse by section: click any of the links below to jump to a section.
How To Make Your Job Relocation Less Stressful
Nowadays, relocating for the right career opportunity or a good education is a must, but this can mean leaving your family, your friends and your hometown behind. Moving to an unfamiliar city can make for a stressful situation, however, the more prepared you are, the smoother the process will be. City Gate Suites has put together this list of 5 tips to make your relocation to Mississauga as stress free as possible.
The only thing worse than having to pack box after box filled with clothes and knickknacks, is having to unpack box after box after box. Make your life easier and travel light so that you can settle into your new furnished apartment quicker. As annoying as packing is, it gives you the perfect opportunity to give away what you no longer need. Throw away old papers, and donate extra clothes to the Salvation Army.
A lot of the stress of the moving process comes from overseeing the logistics. Stay organized done to the minute details to eliminate this stress. While packing your belongings, label each box with detail so that unpacking flows smoothly. Label each box with its contents and which room the items are going into.
Set aside one box with all the items that you will need right up until the move so theyre easily accessible at all times . Keep a second box labelled open first which contains the items that you will want when you first get settled in. This might include toys to keep your kids busy and a change of clothes.
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Screen All Potential Tenants Carefully
If youve been a landlord for any significant amount of time, you know that placing a difficult tenant in your property can be a source of stress for months . Some of these tenants might try to argue with you about their rent payment every month, while others might damage your property or cause other issues.
Either way, you deal with enough stress as a self-employed landlord you dont need the additional stress of difficult tenants. Thats why its so important to screen every potential tenant thoroughly so you avoid placing difficult tenants in your properties in the first place.
If you ever consider skipping the screening process because of the extra time and effort it takes, keep in mind that a difficult tenant will demand more time and effort down the road. You could be faced with serious property damages, an eviction, or other problems. In other words, completing the screening process will be well worth the time.
Know The Laws That Apply To You
As a landlord, the last thing you want to deal with is a lawsuit. After all, it could be costly, harm your reputation as a rental property business owner, and cause you a great deal of stress.
Thats why its critical for you to learn all of the laws that apply to you and your tenants they wont be able to file a lawsuit if you can back up your actions with the law.
Make sure you are mindful of:
- Federal laws If you havent already, study the Fair Housing Act and the Fair Credit Reporting Act to make sure you arent operating illegally in any way.
- State laws Certain laws vary from state to state, and they often govern practical matters . To learn about the Maryland laws for landlords, check out this page.
- Local laws Your County may have specific rules for landlords that you must follow. For example, in Prince Georges County, a landlord must give the tenant 24 hours written or oral notice before entering the property, and the entry must happen during regular business hours. You can read this page to learn more about the laws for Prince Georges County landlords.
When in doubt about a legal issue, take the time to look it up online instead of guessing the right course of action. By doing so, youll protect yourself from the potential financial burden and stress of a lawsuit.
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Understanding The Effects Of Stress On An Organization
Now that weve covered the impact stress can have on employees, lets look at how it impacts a business as a whole. As is highlighted in an article by Farleigh Dickinson University, the work impact that the symptoms of stress can result in include:
- More missed days
- Workers compensation
- Medical insurance & other stress-related expenses
This makes it clear that relationship between stress and job performance is not a positive one. And if stress becomes a huge issue and a business starts to experience the issues mentioned above, it can even make it hard to acquire new talent. With websites like Glassdoor.com, where former employees can anonymously review their former employer, word can quickly spread about an unhealthy work environment, and it can become a challenge to attract top talent. Ultimately, the result of all of this is lost revenue for a business.
Reconsider Meetings And Email
Email adds to employee stress: A 2013 study from Loughborough University found that 83% of government employees became more stressed while sending and receiving email, with blood pressure, heart rate, and cortisol levels rising while active in their inboxes.
In addition, work interruptions like emails and meetings can cost employees 6 hours a day, research shows. Meetings and emails are your worst enemies, said Cristian Rennella, co-founder and CEO at El Mejor Trato. His company decided to eliminate internal meetings and emails completely, instead relying on an in-house project management platform with no notifications to communicate.
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Address Physical Issues That Are Adding To Stress
As noted earlier, stress has an impact on your physical health, and vice versa.
Basically, all of the things you hear about staying healthy? They help reduce your stress, too.
Ways To Make Your Job As A Landlord Less Stressful
You try your hardest to follow the best landlord practices, build positive relationships with your tenants, and stay organized, but you still find yourself stressed at the end of each day. Its affecting you, and you might even be considering giving up your career as a landlord in favor of a less stressful career path.
Frustrating, isnt it?
And it gets worse, because stress can also take a major toll on your health. According to Healthline, stress can cause headaches, insomnia, and nausea. It can even put you at a higher risk of having a stroke or a heart attack!
But dont worry you dont have to let stress get the best of you and cause you to give up your career. Instead, check out the following 6 ways you can make your job as a landlord less stressful, and start using the advice as soon as possible.
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Employees Need Training To Do Their Jobs Well
One source of job stress is the disparity between a persons capabilities and the requirements of the job they are asked to perform. Often, this stress can be alleviated with training and education. An employee who is properly trained and educated will have the confidence and ability they need to do their job well and better manage their stress.
Do This: Provide training and continuing education for your employees. Most employers require new hires to be trained, but many do not provide on-going training.
Ask more experienced employees to assist in trainings. This will improve morale and will help transfer institutional knowledge from older to younger workers.
You can also allow employees to rotate through other divisions of the company for cross-training, provide access to external education at colleges or training centers, or even offer funding for distance learning through online programs.
Where possible, completion of training should be recognized and praised. Remember to regularly assess training programs by asking those who have been trained for their input and suggestions.
Keep Perfectionism In Check
Being a high achiever might make you feel good about yourself and help you excel at work, but being a perfectionist can create problems for you .
You might not be able to do everything perfectly, every timeespecially in a busy, fast-paced job. A good strategy to avoid the perfectionism trap is always striving to just do your best and making time to congratulate yourself on your efforts. You may find that your results are better and youll be much less stressed at work.
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Tip : Reduce Stress At Work By Prioritizing And Organizing
When workplace stress threatens to overwhelm you, there are simple steps you can take to regain control of yourself and the situation. Your newfound ability to maintain a sense of self-control in stressful situations is often welcomed by employees, managers and subordinates alike, which can lead to better relationships in the workplace.
Here are some suggestions to reduce stress in the workplace by prioritizing and organizing your responsibilities.
Ways To Create A Less Stressful Workplace That Also Boost Productivity
The way people work continuously evolves, but one thing remains the same: excessive stress is the enemy of a productive workplace. We know that stressed employees are more likely to smoke, drink excessively, eat poorly and get sick more often — all adding up to decreased productivity. Thats why Millers is committed to helping our clients run highly productive offices.
DYK: According to the American Institute of Stress, the most common points of stress that workers share include:
- Concerns over finances
- Worries about job performance
- Excessive workloads
- Issues with co-workers and supervisors
- Managing a work-life balance
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Take Care Of Yourself
Setting aside time for self-care is a must if you regularly find yourself feeling overwhelmed by work. This means prioritizing sleep, setting aside time for fun, and making sure youre eating throughout the day.
Feel like you dont have the time? Keep in mind that youll likely be able to tackle work issues more effectively when your core needs are being met.
Drink Alcohol In Moderation And Avoid Nicotine
Alcohol temporarily reduces anxiety and worry, but too much of it can cause anxiety when it subsides. Drinking to reduce stress at work can ultimately lead to alcohol abuse and dependence.
Similarly, smoking may have a calming effect when you feel stressed and overwhelmed, but nicotine is a powerful stimulant – leading to higher, not lower, anxiety levels.
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