Stress diminishes the engagement and effectiveness of a workforce, erodes workers' physical and emotional health, and drives up medical and insurance costs.
Minneapolis, Minnesota (PRWEB) April 03, 2013
As many scramble to meet the deadline for filing the 2012 income tax returns, acute stress may be rising with it. According Dr. Donald E. Williams, board-certified clinical health psychologist (American Board of Professional Psychology/ABPP), and Chief Science Officer, The Oxygen Plan, "Now is a great time to take The Oxygen Plan Stress Test - tax time. For many, the stress of an important deadline is taxing enough but can also aggravate existing stress creating symptoms or relationship problems."
Thomas R. Ward, MPA, JD, LL.M Taxation, agrees, "This tax season, I'm seeing stressors which stem from tax payers' fears, anxiety and concerns regarding tax obligations, and ability to pay."
In support of tax season, and National Stress Awareness Month, The Oxygen Plan Corporation announces their free stress test for individuals to learn their Stress Number®. To date, over 54,000 respondents have completed The Oxygen Plan's 30 question stress test.
Employers can also find benefit in The Oxygen Plan Stress Test since stressed employees are less productive and more costly. The economic impact translates to almost $5,000 per employee per year.The total annual economic impact of stress in the U.S. is over $300 Billion.
The impact of stress in the U.S. workplace is bad news for employers as it manifests in lost productivity, absenteeism, presenteeism, group health expense, employee turnover and disability expenses. "Many organizations invest in resources like EAPs, work-life programs and policies, plus health and wellness programs," said Dr. Williams. "These are essential but reactive initiatives. Many organizations are unaware of their employees' actual stress levels, how much of their stress is job-related, the root causes of their stress, or that they can be proactive in terms of addressing the very real problems and associated costs." "Stress diminishes the engagement and effectiveness of a workforce, erodes workers' physical and emotional health, and drives up medical and insurance costs," adds Eric Lucas, CEO of The Oxygen Plan Corporation.
“With the Stress Number®, it is now possible to measure, compute, aggregate, report, and trend a stress metric as it relates to personal health or organizational cost,” says Dr. Williams. “Now, we are able to assess stress, calculate the Stress Number®, provide The Oxygen Plan program and re-measure stress for individuals or organizations. The Stress Number® is a significant development in the field of health metrics.” “Because stress in the home or social life impacts employees at work, and vice versa, it's in employers' best interest to know the aggregate employee Stress Number® for their organization and get a line of sight into root causes," adds Lucas.
About The Oxygen Plan Corporation
The Oxygen Plan is a revolutionary health technology company with a game changing approach toward reducing the #1 modifiable risk factor - Stress which accounts for approximately 8% of all health care spending. We deliver innovative online behavior change assessment applications, STRESS NUMBER®, the new health metric for all patient and employee HRAs and fully integrated emotionally intelligent stress reduction programs with a variety of uses in the global consumer, healthcare and business markets. The Oxygen Plan specializes in decoding stress and helping employers lower health care costs, and strengthening employee engagement. For more information visit http://www.theoxygenplan.com.