Paul Saunders’s recent article on managing employees’ burnouts explores the signs and remedies of a burnout. The founder of James River Capital Corp. identifies loss of confidence, lack of motivation, and a shift in attitude as the warning signs of exhaustion in employees. In his article, Paul advises employers to take appropriate action to keep the employees motivated.
Paul describes burnout as emotional and physical exhaustion because of stress or overwork. A burn out is characterized by poor performance, cynicism, and fatigue due to long periods of work-related stress. Paul notes that burnout is a pervasive issue that results in a decrease in competence and ability to meet job demands. According to research, burnout has a growing impact on places of work, especially in advanced economies and during economic downturns.
Remedies to burnouts
Paul suggests that employees should have some sense of control in companies’ policies as a remedy for exhaustion. Fixed policies and schedules indeed lead to burnout because employees feel hopeless and helpless. Paul believes that employees should be given room to give their views on particular issues. Employers should do away with restrictions that make the personnel feel trapped. Encouraging employees to outline their goals of the day each morning will give them a sense of control.
Paul Saunders stresses on transparency as another remedy for burnout. If employees feel neglected in terms of promotions, inadequate compensation, and communication, they are likely to create an environment of resentment and negativity. Employees will feel valued if management provides logical decisions for decisions made. Paul points out that good communication and honesty will create a good relationship with the employees, hence increased productivity.
Who is Paul Saunders?
Paul Saunders is the Chief Executive Officer and the founder of James River Capital Corp. and affiliate companies. He earned a B.A. from the University of Virginia. Also, he holds an M.B.A from the University of Chicago.
Paul Saunders’s deep-rooted passion for finance drove him to a profession in an investment bank and finally in investment and trading. He initially worked at Warburg Paribas in the Corporate Finance Department. He then moved to A. G. Becker in the Commodity Department. After that, he joined Kidder as the Director of Managed Accounts and Commodity Funds until he became the president of KP Future Management Corps. In 1995, Paul Saunders became the president of James River Corp. a role he has maintained up to date.
Paul together with his friend Kevin Brandt got James River Capital Corp from the Kidder, Peabody, and Co. in the 1995. The firm offers investment advisory services including investment management, commodity trading, and advisory in the United States. The company’s investment philosophy is to provide an alternative investment exposure through a different multi-manager approach to develop an overall risk-adjusted return. Learn more: https://paulsaundersjrcc.wordpress.com/