With it being International Stress Awareness Week (1-5 November), Alex Hattingh shares five tips for overcoming occupational stress, a huge concern across every business.

The modern workplace is rapidly becoming an increasingly competitive place in the post-pandemic environment. Ultimately, such high competition in the office leads to a lot of stress and strife. As colleagues and other staff members become sick, the remaining ones have to take the slack. 

A recent Utility Bidder article reveals that hybrid working offices could save businesses up to a net of £1.6bn. 

From the time of your initial idea, you will have been thinking of all the very many steps necessary of turning your vision into reality. One of the first steps when starting up is to consider how you will build your market, and as you scale this will remain at the forefront of all that you need to do. 

In the UK, the percentage of small businesses dominate the economy. Of all UK firms, 99% are considered small businesses and 60% of the workforce is employed by small business firms. Amazon has over 17,000 small business partners in London alone and these small businesses recorded over £970m sales just last year.

Successful companies understand that its workforce is its biggest asset. Their collective knowledge and skills set a company apart from its competitors, making them the backbone of the organisation. Therefore, arguably the greatest investment you can make is in your people.  

As we recently celebrated World Mental Health Day and National Work Life Week, Employment Hero is asking employers to step up for their workforce, because it’s important that employees who do their jobs well should be able to earn opportunities for expanded responsibilities and training for job advancement. Don’t let employee recognition end after a few nice words.

With most of the Covid-related restrictions having been eased, the UK is currently in the process of establishing a new normal in the post-pandemic era. One lockdown trend that appears to have cemented a long-term future is flexible working, with employees dividing their time between office and home working. With this in mind, many business owners are keen to reassess existing leases, with an eagerness to include a break clause in agreements.

Customer Acquisition Cost (CAC) is the cost of acquiring a customer to purchase products. It works along with the Customer Lifetime Value (CLV). CAC is an important term for growth businesses.

Don’t take a ‘one size fits all approach’ - Unless there’s a critical reason to, avoid blatantly assigning learning modules or courses to your staff members. By doing so, you’re ignoring your individual team members’ unique interests, skills and goals. You’re also making learning less compelling.

I didn’t mean to, it just happened, I stumbled into the world of the tech start up. I was that mum who was scrolling in the early hours whilst feeding my baby. I was trying to find something to do the next day to avoid the anxiety of being in the house with a baby to entertain for the whole day. I realised that I was searching across multiple websites, social media platforms and getting frustrated by constantly finding out of date classes, mixed messages or trying to find the answers to whether this is a good class for me and Ruby, bleary-eyed at 2.00 am. How did I know what was good for my baby’s age? Who was going to be there? Where was it? Is it even still running?

We’ve all had those days. You plough through your to-do list, smashing items off one by one. You get to the end of the day having achieved everything you set out to and yet… you feel awful. You’re probably mentally checking out of tomorrow already. If you have lots of days like this, you’re either heading for burnout, or you’ve already been there and not heeded the lessons.

Last year, my friend Laura, and I co-founded Tally Market. We’ve raised our first investment round, onboarded over 400 venues and learned a lot along the way. Here’s the backstory behind how we made it happen.

Millions of Americans have left the workforce due to the ongoing public health crisis of the COVID-19 pandemic. Women were particularly impacted since many of them had to sacrifice their job and become the primary caretakers of their children due to school and daycare closures. Many companies may be at risk of losing some of their best and brightest employees if they don’t figure out how to accommodate female workers with children.

It goes without saying that the past two years have been, for the most part, unpredictable. In both our professional and personal lives, we’ve all had to pivot and adapt to situations we never thought imaginable. In fact, according to the World Uncertainty Index (Ahir) we’re living in the most uncertain time in human history. 

Initially, burnout was a term coined for the helping professions like nurses or doctors, but has now been extended to include others. It can affect anyone, from corporate workers to small business owners, celebrities, overworked employees, and stay-at-home parents.

This week marks National Worklife Week, a national event celebrated to raise awareness of workplace wellbeing and worklife balance. As we look beyond 2021, businesses must make employee wellbeing initiatives a focus. Providing access to health services, promoting work-life balance and career progression opportunities, are all steps employers can take to boost employee wellbeing.

Times are changing, and the world is tilting towards working remotely rather than working in an office space. There have been waves of coronavirus that led employers to make the difficult but urgent decision to make employees work from home.

We all know how important it is to get that right work and life balance, but as an entrepreneur it can be difficult. As this week is National Work Life Week, we wanted to highlight the many factors that can contribute to your high-stress levels, some such as lack of sleep and getting sick. But did you know that all three of these actually go hand-in-hand? 

Many businesses across the world will be celebrating International Week of Happiness at Work this week, which focuses on supporting the health and wellbeing of all employees within a business.