Workplace Stress: Employers Shouldn't Ignore
Business Today Malaysia|August 2019

Workplace stress is defined by the World Health Organisation (WHO) as “the response people may have when presented with work demands and pressures that are not matched to their knowledge and abilities and which challenge their ability to cope”

Workplace Stress: Employers Shouldn't Ignore

No workplace is immune to mental health issues and their impact in psychological, social and economic terms is high.

Globally, it was reported that an estimated 264 million people are suffering from depression, one of the leading causes of disability and the cost of mental illness has been estimated at USD2.5 trillion in 2010 and is projected to reach USD6 trillion in 2030. In Malaysia, there has been a three-fold increase in mental health problems among the population over the past 20 years. If we apply the same projection, then the estimated loss for Malaysia was USD10.6 billion for 2010 before it will rise to USD 24.3 billion by 2030.

According to the Malaysian Health System Research report (March 2016), mental illness is a leading cause of economic loss at the individual, family, employer, health system, and national levels, due to direct and indirect health costs, absenteeism, lost productivity while at work, and decreased income which can result in reduced national economic output.

The government and employers must be aware that the neglect of mental health and psychosocial factors at the workplace is not only detrimental to the individual worker but also directly affects productivity, efficiency and output of any organisation.

Accidents at workplaces are not only caused by poor work safety practices but also due to mental health issues. Mental health issues at the workplace are caused by a combination of factors such as personal work, work environment and organisational factor.

There are many types of work-related stress such as job insecurity, low control in work, low social support from co-workers, dissatisfaction with work and problems which are associated with depression and anxiety.

This story is from the August 2019 edition of Business Today Malaysia.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the August 2019 edition of Business Today Malaysia.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM BUSINESS TODAY MALAYSIAView All
Time Aortic Abdominal Aneurysm
Business Today Malaysia

Time Aortic Abdominal Aneurysm

The Aortic Abdominal Aneurysm happens when the wall of the blood vessels starts to weaken which forms an Aneurysm that is commonly known as balloon-like dilation.

time-read
2 mins  |
December 2021
The Lexus ES 250 Features A New F Sport Variant
Business Today Malaysia

The Lexus ES 250 Features A New F Sport Variant

The 2022 Lexus ES facelift has arrived in Malaysia- First unveiled at Auto Shanghai 2021 in April this year.

time-read
3 mins  |
December 2021
Heading: Try -180°C Therapeutic Treatment Called  Cryotherapy To Improve Overall Health
Business Today Malaysia

Heading: Try -180°C Therapeutic Treatment Called Cryotherapy To Improve Overall Health

Health has gained a significant attention in this pandemic and being at your best form is a good way to fight the current problems in every aspect of health from fitness, depression, pain management, sports injury, antiageing, weight loss and beauty.

time-read
2 mins  |
December 2021
Is It Too Late To Start Investing In Bitcoin?
Business Today Malaysia

Is It Too Late To Start Investing In Bitcoin?

The noise around Bitcoin has risen sharply in the last month after the world’s most popular cryptocurrency reached its all-time high on 9 November 2021. With all the talk of its price continuing to grow, it is easy to think that it might be too late to start investing in Bitcoin. However, it is not too late and, in fact, Bitcoin adopters are actually early. Bitcoin, and cryptocurrency in general, has received mainstream adoption and looks to be around for years to come.

time-read
4 mins  |
December 2021
Smart SBB To Boost Farmers Income
Business Today Malaysia

Smart SBB To Boost Farmers Income

Director-General for the Ministry of Agriculture and Food Industry (MAFI), Azman Mahmood, in a special meet the media session, led the pre-launch briefing of Project Smart Sawah Berskala Besar (Smart SBB) a day before the official launch by his Minister.

time-read
3 mins  |
December 2021
Budget 2022 – Seizing The Right Moment
Business Today Malaysia

Budget 2022 – Seizing The Right Moment

The recent data point suggests Malaysia will stand to benefit from the global recovery.

time-read
3 mins  |
December 2021
Power Of Role Model – How The Habits Of Parents And Kids Are Interrelated?
Business Today Malaysia

Power Of Role Model – How The Habits Of Parents And Kids Are Interrelated?

A new global survey, commissioned by Kaspersky, explores the role of healthy digital habits in the family, as well as the effect of parents’ behavior on children and vice versa

time-read
3 mins  |
December 2021
Better Late Than Never, But Act Now
Business Today Malaysia

Better Late Than Never, But Act Now

The world should now be more aware of likely COVID-19 devastation unless urgently checked. Last week, the World Health Organization (WHO) announced an US$8 billion plan to quickly vaccinate many more people to expedite ending the pandemic.

time-read
4 mins  |
December 2021
Accelerates MSMEs Digitalisation Journey
Business Today Malaysia

Accelerates MSMEs Digitalisation Journey

97.2% of businesses in Malaysia are made up of Micro, Small and Medium Enterprises (MSMEs). This important business sector plays a significant role in the Malaysian economy by contributing 38.2% of Malaysia’s Gross Domestic Product (GDP). MSMEs also contributes significantly in providing job opportunities.

time-read
6 mins  |
December 2021
Business Today Malaysia

Leadership That Can Prevent Toxic Workplaces And High Turnover

“It is our organisation’s mission to create the largest and most productive coworking community in Malaysia & moving forward, South East Asia,”

time-read
2 mins  |
November 2021