Business owners warned! Avoid Recession Burnout.

Half of small–business owners worked more than 60 hour weeks in January 2009 to combat the effects of the recession, according to business networking website BT Tradespace. Research from BT Tradespace also showed that 8% of small–business owners spent more than 100 hours a week working. Commenting on the research, the Stress Management Society warned that business owners’ productivity will suffer if they continue to work such long hours. Stress Management Society director Neil Shah said: “Small–business owners should ensure that they maintain enough energy to continue their long working hours by taking time out to relax,” “Many business owners think throwing more hours and effort at the issue will give them the results they need. But actually if yo... »

Credit Crunch Worries Cause Staff Sleepless Nights

Employers have been advised to help staff manage stress in the wake of research from hotel group Travelodge revealing that three–quarters of employees are losing sleep because of concerns about the credit crunch. Failure to support employees whose stress levels are rising is likely to lead to reduced productivity and higher levels of sickness absence, according to the director of the Stress Management Society, Neil Shah. Commenting on a the Travelodge survey, which revealed that estate agents are getting less than six hours sleep a night due to concerns about falling high prices, Shah said: “Obviously the credit crunch is putting pressure on individuals, and there has been an increase in stress over the past few months. People are concerned that their jobs may become redundant,... »