Accounting Firms - Are You Overworking Your Staff?

Accounting Talent Podcast

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."
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• "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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This is the the Accounting Talent Podcast, dropping every Thursday to accounting professionals, finance specialists, software vendors, tech providers and influencers in the accountancy, CPA and bookkeeping space. 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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Thanks to our sponsors:

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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.