Stress and Manpower Risk Management: Tracking Anomaly in Productivity with Stress based Fatigue Allowance Allocation

Shwetank Parihar; Chandan Bhar; Nishit Srivastava

Shwetank Parihar Research Scholar, Department of Management Studies, Indian School of Mines, Dhanbad, India
Chandan Bhar Professor, Department of Management Studies, Indian School of Mines, Dhanbad, India
Nishit Srivastava Research Scholar, Department of Management Studies, Indian School of Mines, Dhanbad, India

Keywords: Stress, Manpower Risk Management, Fatigue Allowance

Abstract

The paper links justified stress based fatigue allowance allocation with project risk analysis. The paper deals with the introduction of conceptual framework of developing an efficient allowance management system for service sector based stress measurement, since in the service sector unlike any conventional manufacturing assembly line there are drastically different stress levels for different individuals working in the same firm. We are hereby advocating a tailor made system of rest allowance allocation in accordance to stress level of each individual. A structural framework is given here for allocation of rest allowance in service industry according to the need of the subject to increase the productivity and upkeep of motivation for any individual.