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BizHelp24 Edition No. 145
Tuesday 2nd November
2005

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November 2005 - Small Business News

 


Is Overworking Harming Your Business?
 

It is well known that small business owners tend to work harder than most, but could you potentially be damaging your business

It is well known that small business owners tend to work harder than most, but could you potentially be damaging your business by working so much?

A new survey of 600 SME owners and senior managers has shown that a third work more than 48 hours a week, with some working a shocking 80-100 hours a week. While this helps get work finished, the risk to the business could seriously outweigh the benefits.

"The results of this survey are shocking,” said Peter Mooney, of Employment Law Advisory Services (ELAS), the company which commissioned the research.

“We advise business owners daily of the risks associated with long hours, not only breaching the Working Time Regulations, but also of the dangers to the health and safety of both themselves and their employees.

"Signing an opt out to enable staff to work more than 48 hours a week is one thing, but to work such long hours routinely has a negative effect. Apart from lower morale, employees and owner managers suffer higher degrees of stress, which in turn leads to more time off work.”

In industries with heavy machinery or transport, the results of tiredness or stress could be huge; with accidents being potentially fatal.

You are responsible for the health of your employees; so if you are tired and forget a safety task, cause an accident, or fail to spot a hazard, you are likely to be held liable in court. By working such long hours, your employees may also feel obliged to do so; this could also leave you responsible if they end up ill or cause accidents.

Find out more about
Employment and Personal Development issues in our portal here..

by working so much?

A new survey of 600 SME owners and senior managers has shown that a third work more than 48 hours a week, with some working a shocking 80-100 hours a week. While this helps get work finished, the risk to the business could seriously outweigh the benefits.

"The results of this survey are shocking,” said Peter Mooney, of Employment Law Advisory Services (ELAS), the company which commissioned the research.

“We advise business owners daily of the risks associated with long hours, not only breaching the Working Time Regulations, but also of the dangers to the health and safety of both themselves and their employees.

"Signing an opt out to enable staff to work more than 48 hours a week is one thing, but to work such long hours routinely has a negative effect. Apart from lower morale, employees and owner managers suffer higher degrees of stress, which in turn leads to more time off work.”

In industries with heavy machinery or transport, the results of tiredness or stress could be huge; with accidents being potentially fatal.

You are responsible for the health of your employees; so if you are tired and forget a safety task, cause an accident, or fail to spot a hazard, you are likely to be held liable in court. By working such long hours, your employees may also feel obliged to do so; this could also leave you responsible if they end up ill or cause accidents.

Find out more about
Employment and Personal Development issues in our portal here..




 

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BizHelp24 – UK business and finance information, news, help and services for small businesses BizHelp24 is a UK business and finance resource providing Small Business Help, Start up Information, news and services; for individuals and Sole Traders. Comprehensively covering a wide range of key business, finance, and service topics. Employment and personal information includes Work Times and Break Entitlement, Body Language, employee Holiday Entitlement and Employment Contracts. Credit Policy information includes Letter of Credit, useful Credit Notes, Business Loans. and Cash Flow Control. Other information areas include Bankruptcy, Homeworking, Business Failure, Company House and Company Names,

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