The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.
Addiction is a disease of the brain, but there is a treatment for all types of addiction. Chemical addiction is when someone cannot stop using a substance, such as drugs or alcohol, despite the harmful consequences. Addiction can take over one’s life and hurt not only their body but their relationships with themselves and their loved ones.
When it comes to addiction in the workplace, approximately 11% of employees struggle with substance use disorder, according to an article by Ampelis Recovery. C-suite executive employees are particularly at risk when it comes to addiction.
These high-level workers are often responsible for their company’s success. They typically work long hours and travel frequently, meaning there is a lack of work/life balance. Moreover, top executives typically have a risk-taking personality. They are not afraid to seek new opportunities to reach success, and this outlook makes these individuals more prone to risky behaviors such as substance use.
In 2020, a survey from the Conference Board found that one of the top issues companies struggled with was the attraction and retention of top talent employees. When an executive employee suffers from addiction, companies risk losing this top talent. Additionally, it is often less cost-effective for management to replace an executive. So how can companies retain and protect C-suite employees fighting addiction?
C-suite employees can seek out executive wellness centers designed to treat busy, high-level workers. Companies can also strive to produce a healthy work/life balance for their staff and to provide meaningful work so employees feel satisfied with their positions. Management that seeks to help executives with addiction problems will be able to keep these top-level employees for longer, meaning the company can function at its best.