Career Management International News

The Cost of Stress

Stress Taxes Are More Costly Than Income Taxes

For Immediate Release
August 10, 1998


Fifty years ago the word stress was used to refer to objects such as steel and concrete, but today stress costs employers $150 billion annually in terms of lost hours due to absenteeism, reduced productivity, and workers' compensation. We all pay a stress tax whether we know it or not. Currently, health care costs account for approximately 12 percent of the gross domestic product, which continues to escalate yearly. According to the Marketdata Enterprises survey on stress, $9.4 billion is the estimated value of all stress management services provided to the corporate world. Stress management programs are currently offered at 37% of the nationžs worksites and the goal of the federal government is make stress management programs available to 40% of worksites by the year 2000.

What does all this mean? Unfortunately, stress is an everyday occurrence among employees in today's fast-paced corporate world, especially in middle management ranks. Successful employees must be resilient in a multitute of situations and learn to manage their stress in a manner that maximizes their performance. promotes healthy interpersonal relationship skills and maintains their career/life balance.

Career Management International (CMI), has developed a process to help employees become more effective in coping with stress, both in their jobs and in their personal lives. Resiliency Quotient™ is interactive, self-discovery program that helps participants understand stress, how their body reacts to stress triggers, and how to develop stress resiliency. CMI is very successful in facilitating this course for all levels of employees and executive and management teams in a variety of corporations. Since stress is contagious and therefore is a universal issue, CMI works with client companies to develop individually tailored programs to meet their specific needs.

Career Management International (CMI) is celebrating its 22nd year of business. CMI is a full service counseling and consulting firm which provides outplacement, career alignment, outsourcing of human resources functions and school to work programs as well as training and career development services. CMI is headquartered in Houston, Texas with offices throughout the country. All CMI counselors are licensed and hold Masters or Doctorate degrees in human behavior.

Career Management International, Inc. is a provider of human resource services including outplacement, relocation counseling and facilitation, employee assistance programs, management interventions and team building. CMI recognizes the substantial corporate investment in human capital and delivers effective programs required by businesses to maximize the return on that investment.

Founded in 1976, CMI is headquartered in Houston and has offices throughout the United States. A woman owned company, CMI focuses its creative energy to provide customized solutions to current business problems.

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For Further Information Contact:

Career Management International, Inc.
235 West 18th Street
Houston, TX 77008
jobbox@cmi-lmi.com
voice: (713) 623-8780
fax: (713) 623-4569
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