Workplace bullies have always been on the scene. But they’re now being recognized as productivity killers and potential legal threats to employers.
Some researchers claim one in every three employees will experience bullying at work. And the experts say bullying costs businesses more than $200 billion a year due to decreased productivity, increased absenteeism and high turnover.
A partial rundown of the corrosive effects of workplace bullying:
reduced productivity, efficiency and profitability higher absenteeism, sick time and employee turnover decreased morale and loyalty increased costs due to recruitment and retraining increased workers’ comp claims indirect costs though time