I recently wrote an article entitled, Workplace Bullying is Even Worse Than Thought. Now the SFGate reports about the financial impact of workplace bullying.
The article cites four major impact where workplace bullying can create a financial drain. Reduced productivity; employee turnover; lost time on the job; and of course the damage caused to a company’s reputation. All serious stuff. Add to this that when you enable or allow workplace bullying, employees suffer physically and most often psychologically.
The article reports, “Workplace bullying can include verbal abuse, intimidation, humiliation and sabotage. These mistreatments are typically not one-time occurrences; they happen over a significant length of time and cause the victim to suffer a loss of self-esteem and possibly even long-term physical or mental health issues. Aside from the damages to the victims of bullying, organizations are finding that workplace bullying costs money as well.
Best advice, get out in front of workplace bullying. Establish a comprehensive policy where among other things employees can report incidents to their managers. And make it clear, workplace bullying will not be tolerated in you business.
