July Edition of Designated Digest

July Edition of Designated Digest

Hello everyone and welcome to the July edition of our monthly newsletter.

We would like to start off with some positive news we heard this week, London’s busiest shopping area, Oxford Circus is set to undergo a makeover, transforming some of its cluttered spaces to leafy-green pedestrian-only areas.

Similar plans are set to take place in Birmingham, Madrid, Barcelona and Paris. Ideal for taking a breather from the hustle and bustle of the city and allowing your mind to wander. On that note, we look this month at mental health in the workplace. Mental health affects around one in four people in the UK in any given year, so we feel it is a topic that needs to be discussed regularly.

As we return to a more normal working pattern, schedules are busier than ever whilst we play catch up, so we dive into the top 10 reasons to consider hiring a Virtual PA in 2021.

As always, stay safe and we look forward to talking with you soon.

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Nurture your staffs mental health

Nurture your staffs mental health

Mental Health

From the start of the Covid pandemic, we have been very aware of concerns relating to mental health and the increased number of people suffering from mental health problems.

This has largely been due to lockdown and the impact that has had, and we have heard how it has affected everybody, both young and old.

It is important that we gain the best understanding so that as leaders, managers and role models, we can help and support our people – and to know what support is available for those who need it.

Before Covid, we knew mental health-related issues were the most common cause of long-term sickness in UK workplaces.

Surveys performed by the Chart­ered Institute of Personnel and Develop­ment (CIPD) in 2019 reported that the impact of stress, in particular, had increased, with 37% of respondents saying that stress-related absence had increased in the last year. They concluded: ‘Work-related stress, depression or anxiety accounts for 44% of work-related ill health and 54% of working days lost in 2018-19.’

As well as sickness absence, poor mental health at work can lead to increased staff turnover, reduced engagement and high absenteeism.

Mental health problems affect around one in four people in the UK in any given year.

As we recover from Covid, there is much evidence to suggest that the pandemic and measures taken to manage it, such as lockdown and social distancing, will have a significant impact upon the mental health of employees and the impact may be felt for months or even years.

How will Covid-19 affect our mental health?
We do not yet know what the exact impacts of the pandemic on our mental health will be. People have been affected in different ways: many feeling isolated, others are fearful about catching the virus themselves and also anxious about their family and friends.

Employees in healthcare have been working long hours with few rest periods in very difficult circumstances throughout the pandemic and have possibly not had the time or opportunity to reflect on their own well-being.

This long-term stress has taken a toll and continues to do so. Our best defence against mental health is resilience, but, to maintain resilience, individuals need time to recuperate.

Lockdown’s impact
Mind, the mental health charity, reported that over half of adults and over two-thirds of young people said their mental health declined during lockdown. Young people and those with pre-existing mental health conditions were particularly affected.

The health impacts of lockdown include findings of fatigue, musculoskeletal conditions, poor work-life balance, reduced exercise and increased alcohol consumption. In relation to workplace mental health specifically, employees were reporting reduced motivation, loss of purpose, anxiety and isolation.

Evidence from previous quarantine situations also suggest that there are long-lasting effects on mental health.

Working from home
Many people have been working from home during the pandemic and while most have found this to be more productive, still one-in-three people have found the opposite, according to research by MetLife UK.

Almost one-in-three (32%) workers admit that their productivity has declined as a result of the shift to home working. Of these employees, two in five (41%) believe that their mental well-being has impacted their productivity levels. The impact is understood to have been more apparent for younger groups aged below 30 and also older women aged 50 plus.

There is also a marked difference between the statistics reported by employees and those reported by employers. Employers believe there has been a greater decline in productivity, with 56% of employers reporting that they perceive their employees’ personal well-being has impacted their productivity levels. This is significantly higher than the 32% of workers who reported their productivity has declined.

Productivity is absolutely key in any business, and therefore it follows that we should be concerned about our employees’ mental health and how this affects the productivity of our teams.

We need to do our best to understand the issues that our teams are facing and support them by implementing management strategies to reduce the impact in the workplace.

Understanding the issue
As mentioned previously, there seems to be a huge amount of information stating the enormity of the mental health problem caused by Covid, but there does not appear to be much research yet giving us useful data to understand the specifics of the issues and indeed how to address them.

One of the greatest challenges is that individuals are often unlikely to ask for help when they need it.

As managers and leaders, we need to work hard to encourage openness and make it easier and more comfortable for people to ask for help.

HR management
Large companies will have in-house HR departments providing expert support and who will be defining organisational strategies to help their managers and leaders deal with mental health issues in the workplace.

For smaller organisations, there is less support available and managers will need to address these issues themselves.

In an attempt to provide a useful guide, our HR managers have provided some input that I hope will be of value.

What is workplace mental health?
Mental health, like physical health, fluctuates over time and there are degrees of severity. Symptoms include struggling with low mood, anxiety and stress, and we know stress can contribute to other illnesses.

Conditions include depression, anxiety, phobias and bipolar, which tend to continue over a prolonged period.

As employers, one of our objectives should be to help individuals feel comfortable in talking about how they feel. In doing so, we must avoid attempting to diagnose and instead focus on discussing how the issues impact the employee’s work and their work-life with a view to agreeing on a plan to provide additional support.

A range of measures will need to be introduced and a good starting point for any manager developing their strategy is to understand our legal responsibilities as an employer.

Legal duties
These legal duties set the minimum requirements and must be adhered to, but there is a wealth of evidence arguing that employers who go above and beyond will benefit from improvements in employee engagement, reduced absence, reduction in staff turnover and improved organisational culture.

Employers have a duty to protect the health, safety and welfare of their employees, including mental health and well-being.

The UK Health and Safety Executive defines work-related stress as a reaction to excessive pressure or another type of demand placed on an individual at work. It is the employer’s duty to assess the risk of stress-related mental health issues arising from work and to take measures to control the risk.

Employees who have a mental health condition may be disabled and will therefore be protected from discrimination during employment as defined by the Equality Act 2010.

Employers are required to make reasonable adjustments for employees with disabilities, which may include amendments to working hours, location of work, changes to duties and the provision of additional equipment.

Prevention is always better than cure, but obviously, in the case of mental health issues, prevention is not necessarily within the employer’s control; however, there are early actions that can be taken.

Supporting the mental health of employees, is vital and it is warranted to take a pro-active approach.

Preventative measures largely relate to improving organisational culture by increased communication so that mental health issues can be more easily addressed and supporting managers by ensuring they are well informed, as they will play a pivotal role in the handling of any issues. (See box below).

Providing support
Managers need to know the typical signs and symptoms of poor or declining mental health exhibited in the working environment.

These can include the following:

  • Workaholic tendencies: Working long hours without breaks;
  • Increased absence due to sickness;
  • Any uncharacteristic behaviour: Emotional responses to situations which could include tearfulness or anger;
  • Withdrawing from others on the team.

Any of these behaviours in isolation clearly do not imply that an individual has a mental health issue, but they do provide an opportunity for a manager to discuss well-being with an individual, which could prove to be valuable in preventing a potential issue.

When a manager holds a one-to-one discussion with an individual, it is important they do not jump to any conclusions. Ideally, the conversation will start with an open discussion about how the employee is feeling, although we know that people are often reluctant to talk openly.

Within an organisation where mental health and well-being are discussed regularly, hopefully, the employee will feel more able to be open and honest.

When an individual asks for help, it is important that help and support is made available in a timely manner.

In a large organisation, the HR department may become involved to provide support and potentially the occupational health team, if needed.

In a smaller organisation, it may be relevant to seek advice from outside organisations and there are many suitable providers.

Throughout any discussion of this nature, the manager must be non-judgemental. It is very clear that all people managers have a serious responsibility in their employees’ well-being, and they will also need to be supported and guided through this process.

Support available
The Chartered Institute of Person­nel Directors provides a wealth of information on its website and it is a valuable resource for all managers dealing with HR issues.

Over the coming months, we will have access to much more data regarding the long-term impacts of the Covid-19 pandemic. As leaders, we will need to learn and evolve to ensure we provide the best support possible so that we can continue to lead successful, high-performing companies and teams.

If you would like any further information in relation to this article, please do get in touch. I am always very happy to help and I am sure that my team of HR professionals will also be able to help with most workplace well-being questions.

How a Virtual PA can help you stay creative

How a Virtual PA can help you stay creative

Designated PA Stay Creative

Take a moment and think back to when you decided ‘to go it alone’ or step up to the challenge of being a Creative Director. The reasons may have been many. Was it to have more flexibility, setting your own creative standards, widening your network, creating unique and intricate ideas without being overwhelmed by continuous admin roadblocks? 

Time pressure and Creativity 

In today’s fast-paced environment, it’s about the speed of creative output. Time pressure seems to have worsened, with clients wanting jobs delivered yesterday! And let’s not forget the volume of paperwork, emails and uncontrolled growth in project scope…resulting in disrupted creativity. 

Embrace being different 

The Neuroscience of creativity shows you are wired differently. You have higher levels of curiosity, a desire for novelty. Your brain is restless, you need spontaneity, free-flow thinking and not a conveyor belt of generic ideas.

Non-creative tasks are a real turn off for you. Research suggests that multitasking ruins productivity causes mistakes, and impedes creative thought. According to Nicolas Cole at Inc. creatives despise distractions among other things. 

How to stay creative 

Are continuous multitasking and endless admin still a reality for you? Putting a stop to it is easier than you think! If you’ve lost your creative flow, then take the time to replenish it. Don’t let admin tasks get in your way, ask for help.

Stay Creative and offload admin to a Virtual Assistant PA. 

A Virtual Personal Assistant can help you get back doing what you do best -. big idea thinking. 

Think how much time you could save by #SayingNotoAdmin and having a Virtual Assistant PA. 

No more time spent… 

  • Managing your mailbox 
  • Arranging meetings 
  • Liaising with clients
  • Chasing payments
  • Paying Invoices. 

The opportunities to make the most out of your day are endless with a Designated Personal Assistant.

For more information please contact Hannah, our client services manager who will be happy to talk your through all that’s involved with hiring a Virtual PA:  hannah@designatedgroup.com

Furlough going forward, what you have to pay from July 1st, 2021.

Furlough going forward, what you have to pay from July 1st, 2021.

Furlough Scheme July 1st

Furlough has been somewhat of a saving grace to both employers and employees since the beginning of the pandemic. Now as coronavirus cases begin to ease, with the help of the nationwide vaccination programme, the UK government has announced changes to the scheme which come into effect July 1st, 2021, with subsequent changes also from August 1st, 2021.

The current scheme: The Furlough funds that are currently available to businesses in the UK allow for a grant of up to 80% to cover an employees pay, up to a maximum of £2,500 per month. Employers can choose to top up to 100% if they wish.

Flexible Furlough is also an option. An employee will work only some hours, which their employer will pay them for in full, the grant will cover 80% of pay for the employees unworked hours subject to a cap of £2,500.

What will change for employers as of 1st July 2021?
From the 1st of July 2021, the Government’s grant will reduce to pay 70% of a Furloughed employees wages instead of 80%. However, monthly pay for Furloughed staff must remain at 80%, (at a cap of £2,500) so employers must contribute 10%, up to £312.50 each month.

What will change for employers as of 1st August 2021? From 1 August 2021 until the scheme ends, the Government’s grant will reduce a final time to 60% of Furloughed employees’ wages for their unworked hours (capped at £1,875 per month).

With the 80% pay still required for employees, the employer’s contributions will increase to 20% (up to £625.)

So from July until September employers will need to plan to be able to cover the cost of 10% – 20% of their employees’ wages, national insurance and pension contributions.

If you would like any assistance as we move into this next phase, the Accountancy team at Designated would be more than happy to work with you to ensure you are meeting new business requirements and responsibilities as an employer.

Our Head of Accountancy services Vicky, would be more than happy to discuss this in more detail with you, get in touch: vicky.garbett@designatedgroup.com.

Did you know your team can claim up to £250 for working from home in 2020/2021?

Did you know your team can claim up to £250 for working from home in 2020/2021?

working from home

If like many businesses you have had to take things online, working remotely with your staff from home during 2020 and 2021, they can submit a tax claim of up to £125.00 for 2021/22 tax year. If they also worked from home last year (tax year 2020/21) then they could be eligible for up to £250.00 tax relief for both years.

 

Are they eligible?
• They will need to have started working from home during the pandemic.
• Encountered higher costs due to home working.
• Working from home costs not already been covered by you, the employer.

How can they claim?
With so many of the UK population still working from home to some degree, the government set up an easy to use website making It easier than before to claim back tax relief: https://www.gov.uk/tax-relief-for-employees/working-at-home

If their application is successful their PAYE tax code will be changed and they will be able to take home more of your income tax.

The tax relief they will receive depends on their income tax band. All taxpayers can get a flat-rate of tax relief on £6 a week; basic-rate taxpayers will gain £1.20 a week (20% of £6), which equates to £60 a year. Higher-rate taxpayers can gain £2.40 a week, which is 40% of £6. This equates to £125 a year.

They can claim more and submit evidence if they have incurred more costs working from home.

Business owners and self-employed.

Self-employed workers can claim for more costs when working from home, such as a proportion of the costs when lighting, heating, cleaning, insurance, mortgage interest, water rates and general maintenance are used for work.

To work out the proportion, you’ll need to account for the amount of time you’re using your home for work, and in some cases the size of the area within the home that’s used for work purposes.

For example, if you work in a study you’d only be able to claim for the costs of heating that room while you work.

 

2021 Budget Announcement
Earlier this year Rishi Sunak announced a number of schemes and support plans for small businesses, these include:

• Restart Grant
• Help to Grow scheme
• Self-Employment Income Support Scheme
• Recovery Loan Scheme
• Super-deduction tax break for investment
• Business rates holiday
• Reduced VAT for tourism and hospitality
• Relief as no increase to Capital Gains Tax

You can find out more about these schemes and how they could apply to you and your business here.

Budget 2021 and what it means for small business

 

 

 

 

 

 

June Edition of Designated Digest

June Edition of Designated Digest

As we step into June we have lots to look forward to, not least Coronavirus restrictions being relaxed as of the 21st. Though we must all be responsible and keep our health at the forefront of our minds, it is exciting to start planning our next chapters, both personal and professional.

Over the past 12 months, we have had to socially distance ourselves from our teams, but in a lot of ways, it has forged tighter bonds allowing teamwork and productivity to flourish.

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