The Impact of Workplace Stress on Employees and Business Results
In 2024, workplace stress remains a major issue both in Hungary and internationally. According to a survey by Mental Health UK, nearly one-third of 18–24-year-old employees in the UK took sick leave due to stress. The main causes include regular unpaid overtime and taking on extra work due to the rising cost of living.
Gallup’s “State of the Global Workplace 2024” report states that 41% of employees worldwide experience high levels of daily work-related stress; in Hungary, this figure is 34%. According to a 2024 report by Pénzcentrum, unaddressed workplace stress causes approximately HUF 440 billion in annual losses to the Hungarian economy.
The Dangers of Workplace Stress
Workplace stress not only reduces performance, but over time, it also severely affects employees’ physical and mental health.
Most common consequences:
- Burnout, lack of motivation
- Mental health issues: anxiety, depression, panic disorder
- Physical symptoms: sleep disturbances, headaches, stomach problems, high blood pressure, cardiovascular diseases
- Increased employee turnover, more frequent absences
Turnover and Employee Engagement – Data and Correlations
According to Gallup, 36% of Hungarian employees are actively seeking a new job, while only 20% feel committed to their current employer. This figure falls significantly below the European average.
Based on DreamJobs’ 2023 research:
- Turnover rose Turnover rose from 26% to 32% in one year
- 48% of white-collar workers who left their jobs cited excessive stress as the main reason
- 50–60% of workplace absences are directly or indirectly linked to work-related stress
This overloads colleagues who must cover for absent employees, increasing their stress levels and potentially leading to further resignations.
Symptoms of Workplace Stress
Stress can manifest in many ways. Common symptoms include:
- Fatigue, lethargy
- Irritability, restlessness, loss of interest
- Mood swings, constant worry
- Withdrawal, social isolation
- Difficulty concentrating, memory problems, indecisiveness
- Decreased motivation, performance, self-confidence
- Frequent lateness, regular overtime
- Development or escalation of addictions (e.g. smoking, alcohol)
Most Common Sources of Workplace Stress
- Overload – too many tasks, not enough time or resources
- Long working hours – especially unpaid overtime
- Lack of tools/resources – missing basic equipment and support
- Poor leadership – weak communication, low support, toxic leadership styles
- Lack of recognition – harms motivation and mental health
- Noisy, crowded workspace – discomfort, health risks
- Negative workplace relationships – conflicts, harassment, intimidation
- Organizational issues – unpredictability, lack of career opportunities, excessive control
- Poor work-life balance – hybrid work challenges, blurred boundaries
- Economic uncertainty – unstable income, fear of unemployment
Based on identified results, we provide tailored recommendations to reduce turnover and increase engagement, helping to create a more efficient and less stressful workplace.
Our HR 361 Audit service is designed to offer a comprehensive overview of your HR operations and reveal the key factors influencing employee satisfaction. Our analysis covers corporate strategy, recruitment, performance evaluation, benefits, and leadership practices.
Take Action Now – The Key to Change Is the First Step
If you want to reduce workplace stress, improve employee satisfaction, and achieve long-term operational efficiency, don’t hesitate to reach out.
Learn more about our HR 361 Audit service and request a personalized offer from our experts.
The author of this blog article is Fruzsina Szentiványi, HR
