Workplace stress could cost Malaysia's economy RM34 billion by 2030
A new report reveals that poorly managed workplace stress could have a detrimental impact on the national economy. It is projected that Malaysia could face losses of RM34 billion annually by 2030 due to this issue.
These losses are linked to a phenomenon known as 'presenteeism'. This occurs when employees are present at the office but are unable to perform at their optimal level due to mental health issues or extreme stress.
Beyond affecting company productivity, this situation also impacts the overall well-being of employees. When employees feel stressed over a long period, their work quality declines and the risk of physical health problems also increases.
Employers and organizations in Malaysia are now urged to take mental health issues in the workplace seriously. Proactive measures such as providing a healthy work environment and counseling support should be considered to reduce this economic burden.
Overall, this issue involves not just company profits, but the future of the nation's workforce. A collaborative effort between employers and employees is essential to ensure that national productivity continues to rise without neglecting individual mental health.