Australian workers more motivated than others

financial planning productivity

8 January 2016
| By Nicholas |
image
image
expand image

Warm days and hot nights are not impacting the motivation of Australia's financial services sector workers, despite an annual summer slowdown, research reveals.

An international survey commissioned by recruitment firm, Robert Half, found just two per cent of Australian financial services directors and chief financial officers, believed their employees were less motivated during the summer months, compared with nine per cent globally.

However, the survey found that more than one in five Australian employers believed lost productivity due to annual leave was having the greatest impact on their business during the summer, while 18 per cent of employers in the sector internationally felt the same way.

Although bosses may perceive holidaying staff members contribute to a slowdown during the summer, Robert Half senior managing director Asia Pacific, David Jones, said enabling employees to get away was key to success later in the year.

"Getting away from work, having a holiday and recharging the batteries is vital for every employee and critical to the success of every business," he said.

"Employees who take regular breaks are generally more satisfied with their job, more motivated and more productive upon their return."

The survey found that 34 per cent of Australian financial services sector employers believed the slowdown was the result of slowed commercial activity across the market, with a further 30 per cent believed less managerial direction due to annual leave was a primary factor.

Despite the traditional slowdown, 13 per cent Australian financial services bosses felt there was not negative impact, an opinion shared by 11 per cent of bosses globally.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

3 weeks 5 days ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 3 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

6 days 2 hours ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

5 days 6 hours ago