COPING WITH BURNOUT ACCORDING TO PAUL SAUNDERS, CEO JAMES RIVER CAPITAL

The emergence of portable computing devices has brought about the widespread burnout, especially among employees in Western societies. Burnout is the exhaustion of physical or emotional strength, usually as a result of prolonged stress or frustration.

Paul Saunders, CEO of James River Capital Corp in Richmond, Virginia which served as a substitute department of KP Futures and became independent in 1995 as an investment advisory firm that offers advisory, commodity trading among other services to customers, concluded that burnout is a result of the stress involved with work combined with those that one goes through personally as an individual. Its risks and impacts are genuine to both the individual and the organization. Thus, he offers bits of advice on the warning signs to look out for and actions to take to restrain burnout and enable one to continue to progress appropriately.

Saunders highlights the signs of burnout and some of the productive ways an employer can use to get their employees back on track. Some of the symptoms of burn out include loss of control, especially in managing time and schedules, change in general attitude, loss of self- confidence and lack of transparency.

To deal with the loss of control, Saunders advices employers to keep employees motivated by encouraging them to set goals of the things they want to achieve for the day so that they can have the power of how the day will turn out. Follow James River Capital on LinkedIn

The change in attitude is brought about by being unable to handle stress and control emotions thus an individual tends to be easily irritated leading to moodiness, not feeling motivated and negativity which is all due to burnout. It can be curbed by an employer being supportive and checking in on employees and also encouraging them to have other things to do besides work by engaging in other activities outside of the working environment.

Burnout can bring about doubts in even the most confident of employees in what they do and makes one very unproductive due to not having confidence in their work and can be mitigated by setting performance goals that are achievable and also personal goals to help boost morale.

Last but not least is lack of transparency whereby employees feel like the chain of communication is not clear especially from those at the top of the food chain, unappreciated through compensation for what they bring to the table and not being promoted when they deserve it. Such feelings bring about negative energy, which eventually results in a burnout; hence, employers are advised to practice honesty and be an open book when it comes to communication with employees. Learn more: https://www.crunchbase.com/organization/james-river-capital