New data from Georgia employees and executives offers clarity on what will help.
ATLANTA–(BUSINESS WIRE)–#Community–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.
Contacts
Tyler Jacobs, tjacobs@gobeyondprofit.org
