February 20, 2019
Work life balance remains greatest challenge for owners of growing businesses
A new survey from Vistage claims that work-life balance is the biggest challenge facing what it refers to as scaleup business leaders in the UK. Defined as a business with an average annualised return of at least 20 percent in the last three years – and with a minimum of 10 employees at the start of the period – scaleup businesses are seen as key to the success of the UK government’s Industrial Strategy. Of the 2,800 respondents who took part in the poll, Vistage found a whopping 46 percent believe juggling a healthy home life with the demands of work is the biggest challenge owners of fast-growing businesses face. Access to talent came in a distant second with 22 percent of the vote, while sustaining momentum ranked third.
More than three quarters (79 percent) of UK workers admit to forcing themselves to go in to work despite feeling ill, two thirds (66 percent) still go to work when suffering from a cold or flu and over a fifth (22 percent) when suffering from stress, or an emotional crisis. Perhaps this is due to two fifths (40 percent) feeling their boss did not believe they were genuinely ill when they have previously taken a sick day. For those who are brave enough to bite the bullet and call in unwell, more than two thirds (67 percent) said they feel guilty for taking time off work due to illness, or health related issues. This could explain why so many are reluctant to speak to their employer about their health and wellbeing. Nearly a third (30 percent) admitted they are too scared to talk to their boss about needing time off for a health-related issue, whilst almost three quarters (72 percent) say there are times their current employer does not do enough to look after their physical and mental wellbeing. 
Half of employees say that their working environment has a negative effect on their mental health (51 percent) and wellbeing (49 percent) and two-thirds (67 percent) say that they only ‘sometimes, rarely or never’ feel valued at work. The research by Peldon Rose shows that two-thirds of employees (64 percent) currently have poor or below average mental wellbeing and that the majority (56 percent) claim increasing workloads, followed by a lack of time to focus on wellbeing and exercise (46 percent) are the leading causes of their stress. While half of employees think introducing exercise facilities will help them to better tackle their workplace stress (50 percent) – less than a fifth of workplaces (16 percent) currently provide these facilities, something employers should consider when looking to boost the morale of their workforce.
New research has found that over 2 million UK workers think about quitting their job every day and this figure was significantly higher amongst younger workers, aged 18-24, with 12 percent of those surveyed stating they think about this daily. The research by CABA, a charity supporting the wellbeing of chartered accountants and their families, also highlighted that 38 percent of employees regularly encountered stressful situations at work. Women were most likely to feel this way, with 41 percent revealing they deal with stressful circumstances at least once a week. Comparatively, only 34 percent of male employees admitted to encountering such situations on at least a weekly basis. Many factors were cited as contributing to employees feeling stressed, including unrealistic expectations and unmanageable workloads. Regardless of how it manifests itself within the working environment it can have a negative impact on employee wellbeing, with over 1 in 10 (12 percent) missing at least 52 family events or personal commitments each year.
February 18, 2019
Employers need to become active listeners to improve mental health at work
by Brendan Street • Comment, Wellbeing