Increasing stress levels in the workplace are taking a toll on Singaporeans’ well-being.
A recent global survey from Regus found 67% of Singaporeans are afflicted with health issues which stem from stress at work.
Citing increased pressures due to economic volatility as the driving factor behind the figure, the report found 34% of respondents could not sleep at night due to work-related issues, while 33% said they were worried about losing their jobs.
“Difficult economic times in the west and an unprecedented rate of growth in emerging economies have put a strain on businesses and their employees,” John Henderson, regional director and CFO at Regus APAC, said.
“Workers are expected to do more with less, and this has taken its toll to the point many are close to burn-out”.
Henderson encouraged businesses to address the declining health levels of their employees, as the rise in stress levels have led to a worrying increase in absenteeism (54%), damaging business productivity as well as worker well-being.
The report hinted altering work management practices in the workplace could reduce these figures; 77% of respondents identifying flexible working styles as critical to help ease work stress.