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Showing posts from November, 2017

Stress: The modern-day affliction of a business world

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Since 2013, 33.9% of absence days in the financial services sector have been due to mental ill health. This compares to 24% of absence days in the retail sector and 22% in utilities, according to Chris Clarke, Chief executive of AdviserPlus. This is a shocking fact that is seriously affecting UK workers long term and doesn’t look like reducing any time soon. In my experience with in the financial sector employees are working far longer hours, have increased stress levels due to the demands and responsibilities placed upon them. And for the junior less well-paid staff there are the effects of year on year reduced disposable income due to wages not keeping up with increased living costs. Recently I had the pleasure of listening to a representative from the Bank of England give local businesses an over view of the state of the UK economy. What grabbed my attention wasn’t all the usual stats you might think but a chart plotting the increase in hours worked (due in part to mor