Paul Saunders is the founder of James River Capital. He is also the chairman of James Rivers Capital Corporations. Having worked with many people during his career, Paul Saunders know a lot about burnout. Employee burnout is a serious issue in every company. Those that detect the problem early can deal with it early before it affects operations. When you mix the stress of personal life and work, the result is burnout. As an employer, you should pay attention to warning signs of burnout and find solutions. Paul Saunders discussed signs of burnout and possible solutions.
Lack of transparency
Saunders explained that when employees feel abandoned or neglected for incentives or promotions, they start developing negative feelings which lead to burnout. Compensating a section of employees and leaving out the rest can cause trouble in your company. To avoid burnout as a result of favoritism, treat employees equally, be honest and transparent. Introducing workshop programs to help employees deal with burnout is also helpful.
Lack of Control
Employees feel helpless when everything is planned for them in the workplace. Creating schedules for employees can put unnecessary pressure on employees to perform. When they fail to meet set expectations, they can feel bad about themselves, resulting in burnout. Some companies set unrealistic goals for employees to meet within a short period. Burnout resulted from failure to meet the objectives of demotivates employees. They don’t give their best because they consider themselves as failures. To avoid burnout, allow employees to create their schedules. They can set small goals in the morning for the day. Doing this gives them control over their work and makes them responsible for what they do. Moreover, the management should award those who meet personal objectives. The goal is to let employees be themselves without pressure.
Loss of confidence
Employees lose confidence when they experience burnout. Even small tasks seem impossible due to a lack of morale. Individuals who are not confident in their work cannot deliver good results. Thus, companies should implement strategies that boost employee morale such as awarding good performance and encouraging them to continue despite failure. An employee can be experiencing non-work related stress that affects their view about life. As an employer, notice when there is a change of attitude and talk with the individual employee. Counseling can help employees deal with personal issues.
Paul Saunders says everyone has a role to play to avoid burnout. Talking to someone or disengaging from stressful situations helps overcome burnout. Forming a good relationship with employees helps you realize when there is a change of attitude and how to address it. Everyone is different and how you deal with an issue affecting one employee may be different for another person. Learn more: https://www.cbinsights.com/investor/james-river-capital