February 13, 2019
Stark levels of stress among small business owners as they struggle to stay solvent
Chronic work-related stress has risen sharply among small business owners, with a fifth of small business owners look to taking a job elsewhere to stay afloat this year. This is according to new research from AXA, which reveals that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of survival if financial cushions are not in place too. The study finds a sharp increase in financial anxiety amongst business owners. Over the course of 2018, those reporting they felt chronically stressed about their businesses increased by almost 50 percent, reaching 29 percent by year end. More →
Despite the fact that a large number of employees continue to be relatively sedentary during their working day, there a growing demand for benefits that could help them achieve a healthier lifestyle, claims new research from Personal Group. More than 40 percent of employees surveyed want health insurance to be added to their workplace benefits programme; more than a third (34 percent) would like their employer to introduce discounted gym memberships, and more than one in four (28 percent) want to have access to rewards linked to physical activity. Almost a quarter (24 percent) want physical health-based incentives, such as interdepartmental step challenges or competitions added to their company-wide benefits programme. However, data shows that 70 percent of those surveyed who sit down to work only get up from their desk or workstation every hour at best, and 38 percent only move every two hours or more. Furthermore, a large proportion of employees eat at their desk or workstation on a regular basis (32 percent) and the majority choose to drive to work (60 percent) over walking (15 percent) or cycling (3.5 percent).
