Counting the cost of burnout to companies

euronews (in English)

Mental and emotional stress in the workplace can take a heavy toll on individual employees. It also has a financial impact on companies. Investing in resources to tackle burnout can benefit employers and their staff.

Transcript

00:00From the summer of 2020, we've been growing, working with various organizations, mainly

00:10in tech sector and some government bodies, and partnered up with other organizations

00:15such as Vilnius University, who became investor and co-owner of Mindletik.

00:21Then we also got licensed by Keuleven University in Belgium, who are providing us their burnout

00:28assessment tool access, so we can analyze burnout risk in organizations there and prevent

00:35the costs for organizations.

00:38And we also partnered up with MIT, where they are sending their students to have internships

00:45with us on a yearly basis.

00:49Some organizations are counting half a year of salary for the person lost to burnout,

00:55because not only that you have to off-board the person, but hire a new person, on-boarding

01:00the new person, and it costs a lot.

01:03Per 100 employees, we approximately save 58 hours of managers' time, because instead

01:09of coming with heavy situations to managers, they actually resolve that with us, reflecting,

01:15using our tools, joining our anonymous groups, working with our psychologists, etc.

01:21While seeing our data, we see that even after six weeks, people who work on themselves and

01:27reflect, they tend to respond to triggering heavy situations more constructively, meaning

01:32that they are no longer triggered so much, and they have bigger resilience for difficult

01:37situations there.

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