Reducing Stress and Burnout for Financial Planners

Koesten, Joy
October 2005
Journal of Financial Planning;Oct2005, Vol. 18 Issue 10, p64
Academic Journal
• Stress is caused by personality, working conditions, and communication factors. • Constant, emotional, communicative contact with individuals in need of help can cause burnout. • Financial planners are at risk for burnout, which can lead to lower job satisfaction and lower occupational commitment for financial planners. • Individual strategies for managing stress and burnout include understanding your own personality, developing new coping skills, and learning to manage emotional communication. • Organizational strategies for managing stress and burnout include improving socialization processes, monitoring and controlling workloads, being supportive of time off for recharging, fostering participation in decision-making, and finding ways to encourage all types of social support.


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