August 2, 2018
Financial stress can impair employee performance and attendance
Businesses that fail to tackle their employees’ financial stress are more likely to encounter poor work performance, lack of engagement, mental health issues and staff absenteeism, a new report from Neyber has claimed. Since last year, there has been a significant increase in the number of employees affected by financial worries; up from 58 percent to 63 percent, as well as those with less than one month’s savings; up from 24 percent to 32 percent. This stress on individuals is having a severe business impact. One in four employees said they had lost sleep over money troubles in the last year, one in ten said that they couldn’t focus on work and 6 percent said they had had to take time off work. All this adds up to a substantial cost for employers to bear. Neyber has calculated that the lost productivity and increased absence and employee turnover associated with financial stress costs UK companies in the region of £120.7 billion every year.
July 31, 2018
Google should be an example to all when it come to interactive workplace design
by Alice Porter • Comment, Workplace design
Google is known to be a wonderland for tech professionals everywhere. It is a sought after and coveted workplace, which is designed to cater to the individual. Comparably has recently named Google as the “tech company with the best corporate culture”, but how does this culture work beyond the realms of the Google institute? The question that many employers are asking is, does the Google culture really work? And is it sustainable for a normal business? Company culture has become a focus for recruiters and hiring managers, but if we break this down what does it actually mean? Company culture is shaped by the employees for the employees and should work in collusion with the services a business is providing. Google’s company culture model is based around flexibility and the freedom to be creative in a fun environment.
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