For the past half-hour Suzanne, an account executive who is paid $20 per hour, has been in her office telling a co-worker, Stephanie, about her troubled marriage. Stephanie, who has listened to Suzanne's problems for the past year, gives her the number for the divorce attorney who handled her divorce. Suzanne, who is grateful for the advice, hires the attorney and begins divorce proceedings.
This scenario illustrates a problem that continuously consumes company resources. It is generally regarded as a benign matter with no significant implications. Calculating the actual cost of marital stress in the work place clearly demonstrates that it is a much greater problem than we think:
The Annual Cost:
Loss of Productivity (406 hours) $ 8,465
Absence (128 hours) $ 2,560
Total Annual Cost $11,025
The Annual Cost Compounded:
13% x 1,000 Employees =130 Divorces
130 Divorces x $11,025 = $1,433,250 Company Loss
Use this formula to calculate the annual cost to your company:
534 Hours x Average Pay/Hr x 13% of Employees = Annual Loss
Additional Loss Factors
*Stress During Marriage
*Cohabitation Stress
*Increased mental health benefits
*Increase Medical benefits
To get more information about this formula and gain more insight read our white paper "Collateral Damage: How Marital Stress Consumes Company Resources" To access ongoing study results of "Management and HR Awareness" Click "Poll". New participants will receive a free Star Bucks Card.
1) Training
Programs for Managers and HR Professionals ARC Attorney/Therapist Teams are available to provide on-line or on-site training programs to assist Managers and HR Professionals in understanding and responding to the impact of marital stress in the workplace. ARC professionals have designed effective programs that are available on-site or on-line. It is recommended that these programs be attended semi-annually by all of those who hold management positions.
2) Communication
Packages for Managers and Employees Marital stress issues continue to ebb and flow for every employee. They are often reluctant to acknowledge or take proactive measures to correct them. It is critical to establish a strong company interest in abating marital stress. Effective and accessible resources must have a consistent presence in each employee's work life. The ARC professionals have designed a communication package that effectively establishes a strong and constant message about these important issues and the valuable resources available to resolve them.
3) Employee Resources
Who we Serve
Research clearly demonstrates that employee marital stress consumes valuable company resources at a rate far beyond the understanding of company management and employees. ARC professionals have created programs that facilitate a clear understanding of the impact of marital stress and resources that significantly reduce its toll.
Employee Assistance and Work Life Program Partnerships
ARC Corporate programs are most effective when ARC professionals work as a bridge connecting company leadership to their EAP and Work Life providers. The organizations who serve employee needs find that ARC programs significantly reduce their burden and increase their effectiveness.
Union and MAP Program Partnerships
Teachers, Police, Fireman and Airline employees are among the professions who experience the highest divorce rates in our country. The toll from their marital stress challenges impacts them and their co-workers very directly and dramatically. ARC programs are effective tools for reducing the burden of marital stress for them.
For more information contact ARCprograms@AlphaResourceCenter.com