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In Current Tough Economic Times, Survey Shows Most Employees Under Personal Stress; Expert's Rx--Extending Work-life Benefits.(Richard Chaifetz prescription)(Brief Article)(Statistical Data Included)

Business Credit

| September 01, 2001 | COPYRIGHT 2001 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Source: PRNewswire/ComPsych Corporation

With a survey showing most employees face personal stress in the current down market, Dr. Richard Chaifetz, specialist in employee assistance, says the best solution for companies is to extend work-life benefits. Dr. Chaifetz is Chairman and CEO of ComPsych Corporation, which polled employees at its various corporate clients on personal issues that cause them the most stress while at work. Leading reasons include personal finances at 36 percent, and pressing personal chores, such as picking up dry cleaning or taking the car for an oil change, at 20 percent. "Over time, stress caused by factors outside of work have a negative effect on employee productivity," says Dr. Chaifetz, a psychologist by profession. "This is a huge problem for employers, especially those asking employees to undertake added responsibilities due to layoffs and corporate ...

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