Guiding you to a better future

For a successful business, you need a viable business idea, the skills to make it work and the funding. Discover whether your idea has what it takes.

Forming your business correctly is essential to ensure you are protected and you comply with the rules. Learn how to set up your business.

It is likely you will need funding to start your business unless you have your own money. Discover some of the main sources of start up funding.

Businesses and individuals must account for and pay various taxes. Understand your tax obligations and how to file, account and pay any taxes you owe.

Businesses are required to comply with a wide range of business laws. We introduce the main rules and regulations you must comply with.

Learn why business planning is an essential exercise if your business is to start and grow successfully, attract funding or target new markets.

Marketing matters. It drives sales and helps promote your brand and products. Discover how to market your business and reach your target customers.

Some businesses need a high street location whilst others can be run from home. Understand the key factors from cost to location, size to security.

Your employees can your biggest asset. They can also be your biggest challenge. We explain how to recruitment and manage staff successfully.

It is likely your business could not function without some form of IT. Learn how to specify, buy, maintain and secure your business IT.

Few businesses manage the leap from start up to high-growth business. Learn what it takes to scale up and take your business to the next level.

Most bosses can't handle employee stress

25 April 2018

Most bosses can't handle employee stressNew research has found that over half of Brits have had to take time off work because of stress but many bosses say they don't know how to help.

A study by Equipsme has revealed that nine in ten (91%) Brits have felt stressed at work and more than half (53%) have taken time off as a result. The average amount of time off for those affected by stress is six days per year.

Over 2,000 British adults were polled, all of which had held a full-time job for at least two years. Three-quarters (74%) of those that had taken time off because of stress said their boss had reacted negatively about taking time off; 6% even said they had been threatened with dismissal.

In addition, 22% said they had lied about their reason for being off and didn't admit to feeling stressed. Overall, 95% of those polled said they thought more could be done to help those suffering from stress, with 88% saying they think councillors or other support should be offered to employees.

Equipsme also surveyed over 500 business owners (with at least ten employees) to find out how they deal with staff stress. Only one in five (22%) business owners said they knew how to handle stress in the workplace; 46% said that they had "some idea" of what to do and the remaining 32% admitted they had "no idea".

When asked if they had ever acted negatively towards a stressed employee, 62% admitted that they had; with 27% of these saying they acted this way as they didn't think it was a big deal.

Business owners were then asked: "If an employee came to you today and said they were having a hard time with work, they were stressed and felt overwhelmed, how would you deal with this situation?". The most common responses were:

  • To listen and try to help (27%);
  • To lessen their workload temporarily (20%);
  • To tell them to keep working and speak up again if the issue persists (19%);
  • To tell them to see a qualified professional (16%);
  • To listen but tell them to get back to work (13%).

Matthew Reed, founder of Equipsme, said: "Everyone gets stressed from time to time, but as an employer it's our job to ensure that workplace stress is taken seriously. We all want happy employees and ignoring the issue or threatening stressed staff with dismissal certainly isn't going to help anyone. Employers should consider getting health packages that include stress support so their employees can get professional help should they want it."

News type:

Stay up-to-date with business advice and news

Sign up to this lively and colourful newsletter for new and more established small businesses.

Contact us

Make an enquiry