Being made to feel valued, important and respected by their bosses is as good as a pay rise for British workers, new research shows. A poll by accountancy technology firm Sage, found 57% of employees at small and medium sized businesses (SMBs) believe that their boss taking time to ask how they are feeling is just as important as getting a pay rise.
As bosses continue to struggle to keep hold of staff amid the twin pressures of “The Great Resignation” and rising costs putting pressure on potential pay rises half of workers (50%) say they are currently thinking about quitting their jobs and 27% say they don’t feel valued by their employer.
With SMBs contributing 61% of UK jobs and 52% of GDP, high-flying entrepreneur Charlie Gladstone believes the key to growing the UK economy lies in a positive working environment. He said: “If people are happy, they are productive and productivity is the key to any successful business.