A new study by CoreHR suggests the UK’s top performing employees are close to burn-out. The survey examined the behaviours and attitudes of 1000 UK employees who stand out to employers thanks to their high-drive and ambition. It found 42 per cent of smart talent employees say work negatively impacts their personal lives, 41 per cent also worry about the impact work has on their mental well-being, rising to nearly half (49 per cent) of 25-34 year olds.
Despite 73 per cent of respondents saying a good work/life balance is attractive in an employer, only 41 per cent believe their current job actually allows for this. In addition, seven in 10 (68 per cent) argue their employer should take shared responsibility for their emotional and physical well-being.
Smart talent are keen to use new forms of technology to help them have greater control and management over their workloads. With over a third (35 per cent) saying their current workload is unsustainable, 64 per cent also believe introducing new digital technologies into the workplace will enable them to be more efficient in their role.
Dean Forbes, CEO, CoreHR commented: “People thrive when they’re challenged, but shouldn’t be pushed to breaking point. Employers should always be mindful of setting clear goals as well as boundaries. Providing strong support networks for employees is especially important.
“Job satisfaction and well-being go hand-in-hand with better performance, creativity and how well colleagues cooperate,” he added. “Specifically, smarter HR technologies that give people more ownership over their careers are an incredibly powerful enabler and time-saver. Providing your talent with substandard technology is tantamount to making their jobs harder by causing delays, operating problems and significant workplace stress.”
With the estimated cost of employee turnover between 100-300 per cent of the replaced employee’s salary, the findings of the research emphasise the huge impact poor talent management can also have on an organisation’s bottom-line. Half (49 per cent) of respondents would not hesitate to leave their current employer if their career expectations were not met. Half of respondents (51 per cent) have also felt let down by their employer in the last six months.
Forbes continues: “The assumption that employees who continually work long hours are simply showing their commitment is a dangerous one. Failure to develop and support smart talent in reaching their full potential not only makes your employees want to head for the door, but leads towards a vicious cycle of turnover. This makes it equally painful to attract more. The reality is that business leaders need to use smarter technologies to make it easier for employees to perform under pressure whilst also maintaining a healthy work-life balance.”