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Managing stress at work: three things your employer could do for you

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Earning a living can be stressful. Whether it’s time constraints, difficult colleagues, a lack of autonomy, or an unreasonable workload, it’s hard to think of a job that doesn’t come with a certain amount of pressure.

This can have a negative impact on a person’s mental and physical health, and is a major cause of long-term absence from work. An excessive level of stress is bad for people, and it’s also bad for the organisations they work for.

Often though, the responsibility for managing stress is left with the employee. Employers tend to think their role lies in helping staff better manage their own individual situations, perhaps by changing their own behaviour or perceptions.

This may involve things like time management workshops or mindfulness classes – ideas directed at the individual with the aim of enabling them to be better at their job.

But these kinds of interventions place the burden of ultimate responsibility on the employee. And in doing so, organisations feel less obliged to alter the stressful environment by increasing resources, reviewing job descriptions or improving manager training.

To get an alternative view, I spoke to employees about their experiences of attempts to reduce stress levels in the work place. And here are three things your organisation could actually do for you to reduce work related stress.

It is impossible to tackle the causes of stress if an organisation doesn’t know what they are. During my research, participants spoke of the importance of initiating and maintaining dialogue between various groups including employees, trade unions, human resources and senior management.

This can be done by regular “pulse checking”, using surveys or one-to-one reviews and a continual observation of staff wellbeing. One housing association employee told me that at their work place, “the union was hammering on the door to [hold] a stress survey”. She added: “[Management] know it’s a top issue.”

My research suggests that the role of managers is a key part of employee wellbeing. Managers tend to be the ones in charge of setting deadlines, communicating expectations and dealing with employees’ successes and failures.

Due to their crucial role, it is vital that any employee with managerial responsibilities receives proper training. This could cover aspects of making deadlines reasonable, being educated on the various help mechanisms that the organisation has in place for their employees and tools to help managers identify stress in their teams.

Management training can – and should – look different in every organisation and department due to their unique qualities and challenges.

One major management quality that was underestimated (but considered by many to be invaluable) was compassion. Although some of my participants had very demanding jobs and personal circumstances, having a compassionate and well informed manager made all the difference to their day-to-day lives.

Someone who works in higher education commented:

Management skills are not just about delegating the work – [they are about] building a team, recognising when people are struggling, and [being able] to approach that. It’s really personal.

Another said: “Some managers can be very supportive and understanding, but some managers would just say: ‘Do this, and I want it done today.’”

And one respondent noted: “I think I’ve got the best manager going. She’s not only my manager, she’s my friend as well, and that’s nice. I can talk to her.”

Compassionate management can be as simple as asking how an employee is doing, properly listening to them, and perhaps a small gesture like having a cup of coffee together. It sounds simple, but compassion towards employees and colleagues tends to depend on individual behaviour rather than being something that is encouraged systematically at an organisational level.

When I asked who was responsible for managing stress in an organisation, many of the people I spoke to gave conflicting answers. Some (after much thought) said it was the HR department, while others (including a member of an HR department) said it was occupational health professionals.

A housing association employee described a situation where “there’s lots of work to be done [around stress] but no one is leading on it, no one is joining it up”. They added: “It’s all been very hit and miss.”

The lack of clarity is an obvious cause for concern. If nobody knows who is in charge of a particular aspect of employee wellbeing, it is unlikely to be properly addressed. There needs to be clarity – and accountability – around who is responsible for managing stress, so that initiatives can be put in place, and so that people know where to turn when they need help.

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Is Bitcoin’s rally here to stay or just another bubble?

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A combination of institutional interest, economic uncertainty, growing acceptance, and technological progress is driving Bitcoin’s surge.

 
Many factors contribute to Bitcoin’s upward momentum. First and foremost, increasing institutional adoption plays a pivotal role. Major companies and financial institutions are showing growing interest in Bitcoin as an asset class, pouring significant investments into it. This legitimizes the cryptocurrency in the eyes of traditional investors.

Additionally, global economic uncertainty and inflation concerns are pushing individuals to seek alternative investments. Bitcoin, with its limited supply and decentralized nature, is emerging as a store of value and a hedge against economic turbulence.

Moreover, growing mainstream acceptance and awareness are fueling demand. More merchants are accepting Bitcoin as a form of payment, making it increasingly accessible to consumers.

Furthermore, technological advancements, such as the Lightning Network, are improving Bitcoin’s scalability and usability, enhancing its attractiveness as a digital currency. #featured #bitcoin

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Will Bitcoin ever be safe as houses?

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2024 may become the year that younger investors face this key question. Is it safer to invest in crypto, or to invest in property. Put another way, is Bitcoin as safes as houses?

 
Anticipated rate cuts in the coming year promise a soft landing for the economy, while the maturing crypto industry, now subject to increased regulations, becomes more appealing to a broader investor base. #featured #ticker today

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Volkswagen, Renault partner to create budget-friendly EVs

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Volkswagen and Renault are reportedly considering a groundbreaking collaboration to develop affordable electric cars.

This bold endeavor aims to make electric mobility accessible to a wider audience, addressing one of the key barriers to EV adoption: cost.

The automotive giants are exploring the possibility of co-developing a range of budget-friendly electric vehicles that combine Volkswagen’s engineering prowess with Renault’s electric technology.

This partnership seeks to challenge the dominance of higher-priced electric models, making emissions-free driving a reality for more consumers.

The potential synergy between these two industry giants could revolutionize the EV landscape.

By pooling resources and expertise, they hope to deliver electric cars that not only offer a competitive price point but also meet the stringent quality and safety standards expected from such renowned manufacturers.

As electric vehicles continue to gain traction, the question remains:

Will this collaboration between Volkswagen and Renault pave the way for a more accessible electric future, or will established players in the industry attempt to thwart their ambitions?

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