Summer Slowdown is still a reality say finance leaders
The summer slowdown is still alive and well in the UK. Yet while the summer break is advantageous and can bring heightened motivation and morale for employees, the majority (87%) of finance leaders say it has a negative impact on their business, finds new research from leading recruitment specialist Robert Half UK. Thirteen per cent of finance leaders said that the summer slowdown would not have any negative impact on their business.
The biggest impact is caused by annual leave (48%), with senior leaders attributing it to ‘less managerial direction’ for the team, with multiple senior leaders away from the office on holiday (35%) and lost productivity (13%). While a quarter (25%) say that commercial activity will slow down, a further 14% say that their workforce is less motivated during the summer months.
Phil Sheridan, UK Managing Director of Robert Half, commented: “Although it can feel that business never stops, the summer months bring a great opportunity for UK workers to take a break, unwind and recharge their batteries. In the long run, businesses and employees benefit greatly from making the most of the summer slowdown as individuals who take regular breaks are known to be more motivated, have higher morale and are more productive on their return to work.
“Although it is clear that the majority of companies across the UK are impacted by the seasonal slowdown, with some advance planning the negative affect to businesses of employees taking their summer breaks can be alleviated. Many businesses looking to maintain productivity levels over the summer months are turning to temporary and interim professionals to help manage workloads and keep critical projects on track.”
Robert Half offers five recommendations for companies to ensure their teams can enjoy stress-free holidays:
Full press release on www.roberthalf.co.uk
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