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PHR · Question #49
PHR Question #49: Real Exam Question with Answer & Explanation
The correct answer is A. Workplace accidents. This question addresses the relative cost impact of stress-related outcomes in organizations, identifying workplace accidents as the single largest cost driver according to Ravi Tangri's research.
Question
Stress is often a significant issue in workplaces. Author Ravi Tangri asserts that stress costs organizations up to $300 billion per year. Which one of the following stresses is the largest contributor to organizational cost of waste?
Options
- AWorkplace accidents
- BTurnover
- CAbsenteeism
- DDrug plan costs
Explanation
This question addresses the relative cost impact of stress-related outcomes in organizations, identifying workplace accidents as the single largest cost driver according to Ravi Tangri's research.
Common mistakes.
- B. Turnover, though expensive due to recruiting and training replacement employees, represents a smaller total share of stress-related organizational costs than workplace accidents.
- C. Absenteeism contributes meaningfully to stress costs but ranks lower than workplace accidents in total financial impact on the organization.
- D. Drug plan costs tied to stress-related health conditions are a relatively minor component of overall organizational stress costs compared to accidents.
Concept tested. Stress-related organizational cost categories and ranking
Reference. https://www.shrm.org/topics-tools/tools/toolkits/managing-workplace-stress
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