Intelligent SME.tech Issue 06 | Page 14

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// TECH TRENDS //

RESEARCH REVEALS INSIGHTS INTO COMPANY CULTURE

Breathe ’ s Culture Economy 2021 report has revealed that almost a third of Brits quit their job due to toxic workplace culture and highlights the need for businesses to invest in building a culture that keeps people safe , mentally and physically , from a work perspective .

B reathe , a HR software provider for SMEs , has revealed the cost of poor company culture : a staggering £ 20.2 billion per year .

With a mental health pandemic on the horizon potentially spanning a decade and physical health anxieties increased by the virus , businesses are under pressure to introduce adequate safeguarding measures .

NINE IN 10 ( 87 %)
SME EMPLOYERS SAY STAFF REMAINED
PRODUCTIVE DESPITE
CHALLENGES FACED IN 2020 .
The report , The Culture Economy 2021 , revealed that almost a third ( 27 %) of SME employees quit their job due to poor workplace culture , an increase of 6 % from last year ( 21 %).
The report found nine in 10 ( 87 %) SME employers say staff remained productive despite challenges faced in 2020 . Only half ( 53 %) of SMEs surveyed report introducing new measures relating to health and well-being of their teams , while a fifth of employees ( 21 %) say their employer has not taken any steps to help them cope with the pandemic at all .
What ’ s more , in view of the economy shrinking by 7.9 % since before pre-lockdown , maintaining cashflow and revenue streams remains an urgent priority , and challenge , for business survival .
Jonathan Richards , CEO and Founder , Breathe , said : “ The effects of lockdowns and extended isolation will be felt for a long time , so it ’ s never been more important for businesses to invest in building a culture that can survive the separation and offer support where it is sorely needed . Maintaining high productivity levels can only be possible if your people are looked
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