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Published on: Press & Media

How to strike a balance between managing staff wellbeing and financial pressures

As the cost-of-living crisis continues, workers in certain sectors are feeling pressured to work extra hours, even resorting to overtime. But beneath this dedication lies a troubling reality – the toll it takes on their mental well-being. 

There’s a deep-seated concern that this relentless push for more work could amplify the stress and strain they’re already grappling with. Employers find themselves caught in a precarious position, grappling with the weighty responsibility of balancing their staff’s wellbeing with their financial stability. It’s a delicate dance, ensuring that they can make ends meet without sacrificing their well-being or feeling pushed into seeking employment elsewhere.

Gemma Bullivant, an HR coach leadership consultant, has shared her thoughts, “Employers may need to establish weekly limits, enforced breaks and proactive holiday management practices to counterbalance the effects of longer working hours.”

Organisations that can help employees navigate the current economic climate stand to benefit in the long run, adds Bullivant. “Investing in employee support measures fosters loyalty and trust, leading to stronger employee engagement and, ultimately, improved organisational performance,” she says. “Prioritising employee welfare is not only the right thing to do ethically but also a strategic imperative for long-term business success.”


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To read the full feature with Employee Benefits, please see it here. If you are interested in learning more about this subject and Gemma’s commentary, please get in touch.