Accounting Firms - Are You Overworking Your Staff?
Manage episode 424504225 series 3369426
Are you and your employees caught in the overtime epidemic? Is overwork silently killing productivity and driving away top talent?
Rob Brown delves into the alarming issue of overwork and excessive overtime that is plaguing workplaces across the UK and the US. Drawing from compelling research, he reveals the severe toll it's taking on businesses and employees alike.
Excessive workloads, unrealistic expectations from managers, and an ingrained culture of overwork are undermining employee motivation, productivity, retention, and overall business performance. The statistics are staggering: one in five employees wants to quit within six months to escape overwork, and half put in up to four days of unpaid overtime each month – amounting to millions of uncompensated work days. This vicious cycle is burning people out, harming well-being, and driving away top talent.
Key Takeaways:
- "An embedded culture of overwork and overtime is taking a severe toll on business and workers across the UK workforce."
- Half of employees put in between a day and four days per month of unpaid overtime, equating to 19 million days of uncompensated work.
- One in five employees want to leave their current job in the next six months to escape overwork.
- 33% of employees are more likely to work additional unpaid hours if working remotely/hybrid.
- 28% report being unable to get their job done in the working day and having to work additional hours.
Quotes:
- "Unpaid work and missed holidays are not a sign of dedication. They are symptoms of a system which has to work better."
- "It's only by creating a culture that respects employee time, prioritizes workload management, encourages healthy work-life balance, that businesses can reap the benefits of a happier, more productive workforce."
You can watch this specific episode on our YouTube Channel here: https://youtu.be/w7PlFJZLiJE
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ACCOUNTINGFLY. Accountingfly connects employers with top U.S.-based accounting talent through a variety of services including dedicated searches, Always-On Recruiting, and freelance placements for seasonal or temporary needs. They specialize in remote accounting recruitment, recognizing early on the significant advantages that remote work offers to employers, job-seekers, and their own operations. They pride themselves on their track record of matching the right candidates with the right opportunities and building a robust team of industry experts. Additionally, their partnership with Going Concern—an esteemed source for accounting news and insights—further enhances their ability to stay on the cutting edge of remote recruiting by tapping into a natural pipeline of job seekers.
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If you'd like to sponsor the show and elevate your brand with our audience, reach out to show host Rob Brown on LinkedIn and his team will reach out to fix up a chat to explore.
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