The pressures of professional life mean it’s more important than ever to look after body and mind. Penelope Rance assesses what works.
Finance professionals aren’t superheroes. They are not able to work harder, stay awake longer or carry more box files than any other human beings. But they often behave as if they can. FDs and CFOs are put under enormous pressure – often by themselves – to perform in their professional lives, but are failing to give their minds and bodies the power to cope. As health suffers, so too does performance at work.
The Health and Safety Executive report, Work-related Stress, Depression or Anxiety Statistics in Great Britain 2017, revealed that 526,000 workers were suffering in 2016/17, accounting for 40% of all work-related ill health. Meanwhile, research by Public Health England with The Work Foundation showed that mental health conditions were the leading cause of sickness absence in the UK, with 15 million working days lost in 2014, at a cost to the economy of £70bn.
Productivity isn’t only affected by absence. One in three UK employees reported having a long-term health condition, with 42% saying it affected their work. Presenteeism, where employees are at work but not performing, costs an estimated £30bn annually.
This is an extract from the Business & Management Magazine, Issue 260, December 2017/January 2018.
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