Pictured above: Bev Marsh
Almost three quarters of people are working longer hours in 2011
than they were a year ago, according to a survey by RSM Tenon.
The leading firm of accountants and business advisors found in a
poll of 1001 people in the UK, that 70% of respondents are now
working more hours per week compared to 2010 and more than the
average 31.8 hours per week.
But few people said they were compensated for their extra hours.
Just eight per cent of people say that they receive any overtime
payment for any extra hours they work, and only six per cent are
given time in lieu.
This change in working culture is highlighted by the fact only
seven per cent say they now work fewer hours than in 2010.
Bev Marsh, director of recovery at the Birmingham office
of RSM Tenon, said: "People are now being asked to do more for less
and you could argue that there are several reasons for this. Many
companies may have over-compensated for the recession and shed more
jobs proportionately than the work they have lost.
"This therefore causes the remaining staff to be overstretched,
and the consequences of that decision are being felt now. Also,
many industries, such as the retail sector and the food and drink
sector, are really feeling the pinch now, so the workforces are
being stretched further to achieve the same results.
"An increase in employees' working hours represents a
significant challenge for employers as they have to try and
maintain their motivation and retention among staff who are seeing
a drop in work life balance but are unlikely to receive a pay
increase for their efforts."
With news like this, it's important to make sure that staff feel
valued, says Sam Davies, RSM Tenon's associate director of
employment taxes in Birmingham.
"Whatever the economic climate, committed employees should still
be rewarded. Staff who remain in post after difficult times often
feel demotivated. Without careful management, talent can be lost
just at the point when the company most needs good people.
"Taking time to consider and communicate the value employees
receive and perceive will enables companies to be in great shape
for the upturn."
Sam says that company bosses should keep communicating with
employees about current HR and reward strategies.
"As the economy improves, the job market will be revived
and employees can be tempted away - so employers need to identify
key talent and ensure it is retained and rewarded. The value - or
appreciation - of a rigid remuneration package will depend entirely
on the employee's personal circumstances.
"Allowing employees to shape their own remuneration package by
selecting elements of reward most valuable to them means that they
feel appreciated."