The Hidden Cost of Burnout in the Event Industry

by Feb 12, 2024

There is a hidden cost of burnout that affects the events industry. With over 76% of American workers experiencing burnout, it isn’t surprising that this is an area where organizations now need to take the helm.

In light of this, decreasing the effects of burnout in the event industry start first with organizations implementing an overarching burnout strategy. This strategy covers how burnout will be prevented within their organization with hope that both the organization and employees adapt and take action. The burnout strategy, is a crucial piece of burnout prevention and can also keep organizations in front of their competition.

It isn’t surprising that this hidden cost of burnout is subtle albeit dangerous to an organization. Especially when there are several ways to help decrease it in the workplace. Managing burnout will help to retain top talent and create a happy workforce. Additionally, it will eliminate costs associated with employees taking time away, or leaving the organization.

This episode unpacks some of the areas that aren’t necessarily looked at for causes of burnout, in an effort to bring awareness.  Here are some of the areas that we cover:

  • Communication
  • Community
  • Skillset Alignment
  • Company Mission/Goals Alignment
  • Career Pathing/Growth

In conclusion, the key to managing burnout within the organization starts with communication and creating a thriving, healthy community of feedback and action. Organizations can want to find the hidden costs of burnout that affect their organization uniquely and target them so that they can see a more healthier workplace culture.

Links and Resources

Banish Burnout Challenge

 

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