AccessEAP blog

The key to being more productive at work? Sleep on it

Businesses dedicate significant funds to initiatives that drive employee performance, but one basic, yet crucial element may be overlooked, warn leading workplace psychologists. A study has shown that 39.8 per cent of Australians [1] are not getting enough sleep and that sleep deprivation is equating to productivity losses of $17.9 billion.

We’ve become an ‘always-on’ society and while it may seem like a win for businesses, what they gain in hours is lost inefficiency. Keeping our phones and laptops within arm’s reach at all times to work at any given time has a significant impact on our mental and physical health. In this fast-paced environment, something has to give, and for many it’s sleep. We are in a dangerous cycle of not getting all of the work done because we’re sleep-deprived, and not sleeping because we’re not getting all of the work done.

Lack of sleep negatively affects our ability to think clearly, learn, concentrate and retain important information, which affects efficiency in the workplace. In a recent study, employees who reported ‘almost always’ feeling tired during the day had 4.4 times more productivity loss than those who reported ‘almost never’ feeling tired [2].

Insufficient sleep also impacts our mood and emotional wellbeing. Whilst extreme lack of sleep can induce serious psychological effects such as paranoia and memory loss, more subtle consequences such as anger and impatience can also prove challenging in a professional environment. Teamwork and cooperation play an essential role in business success, so when short tempers flare, relationships between colleagues become strained. 84% of people feel more irritable as a result of poor sleep [3], and with a volatile work atmosphere, staff members can become disengaged and negative, which contribute to poor team culture and low morale.

Inadequate sleep also kills more than 3,000 Australians each year [4] due to workplace and road accidents, and the total cost of work-related injuries and fatalities as a result of poor sleep is estimated at $2.25 billion [5] per year. These risks of fatigue are more prominent in businesses where shifts are common or employees are on call, such as factories, constructions sites and hospitals. In these industries, fatigue-related errors could have serious consequences for not only the workers but others around them.

Our Continued Support of the H.O.P.E. Program

H.O.P.E. continues to be the main recipient of our charitable funding for vulnerable families and children. At AccessEAP we are very proud of the donation of more than $500,000 for HOPE and programs to support vulnerable families, which was announced last month. Our contribution has been able to grow substantially each year and AccessEAP would like to recognise the support of our customers in making this donation. Through partnering with AccessEAP, you not only support your employees’ wellbeing but you also directly contribute to our chosen welfare programs in Australia.

  

We are pleased and proud to report that over the past 12 months the H.O.P.E. Program continued to exceed targets and these are very special targets because they are about helping more mums and bubs. 

  

 

Financial Health Check and Tools

This helpful website, from ASIC and the Australian Government, provides calculators and tips to help you make better financial decisions. Free and impartial financial guidance and tools are available to download and use to make the path to better financial control easier. Click on the image below to watch a short "How To" video. If you would like to explore some other free and paid options, our Financial Coaching partner, IMFG suggest the following: Pocketbook, Moneysoft and  Sort Your Money Out.

Are you struggling to reduce your credit card debt? Are you sick of never being able to build up your savings enough to go on that trip you dream of or buy the home you really want?

Click here to get started. This section of the website aims to get you in control of your money to help you achieve your goals. The following topics are covered:

  • Banking
  • Budgeting
  • Donating and crowdfunding
  • Get your money on track
  • Income tax
  • Managing debts
  • Saving

  

 

Financial stress - taking positive steps

It may not be surprising that a recent HR study found 80% of the top five health concerns for employees are mental health related, 41% admit to being distracted at work because of financial worries (presenteeism), 31% of employees say they have taken unexpected time off to deal with a financial issues (absenteeism).1 The 2018 Australian Securities and Investments Commission (ASIC) report showed 18.5 per cent of consumers were overwhelmed by their credit card debt load with outstanding balances now totalling $45 billion.2 We learn to live with underlying stress around our finances but these statistics show that the impact on both life and work can be significant. What can we do individually and as employers to take positive financial steps without becoming overwhelmed?

Resilience is the ability to recover and bounce back from adversity and life’s challenges. When applied to finances it is the ability to withstand external pressures during times of financial stress. Employees must understand that these external pressures are often outside their control and in order to be resilient it means taking responsibility and having a plan in place to feel confident about their financial standing. 

Employers can play a role in helping their employees cope with financial related stress by recognising the impact it can have on individuals as they move through different life stages. It is important to recognise that there are many varied reasons for financial stress. For example, our ageing workforce is facing many challenges, including their fear of entering retirement, paying for their children’s higher education and moving their parents into nursing homes. These life events can be both mentally and physically draining as they involve the security and happiness of the people we care most about. On the other hand, millennials are facing economic instability, crushing student debt, stagnant wages and looming uncertainty about the future. Employers can assist by providing information around financial literacy as many people struggle to understand their finances and are unsure of ways to seek information. Financial knowledge and understanding is often the first very important step in this process.

How individual employees handle financial stress varies greatly. Breaking down and understanding the underlying issues can be the key to helping employees become more resilient. Here are some basic tips on reducing finance-related stress:

  1. Learn to budget

Creating a budget gives you clarity and a tangible place to start in terms of understanding where your money is going and how you can reduce spending. If your financial situation is causing you stress, it’s vital to create a budget. Record all income and expenses. Start by being critical of what you are spending and cut down on any unessential items if possible. See the article in this month’s newsletter for budgeting tools.

A Day in the Life of an AccessEAP Ambassador

We recently had the pleasure of delivering a Day in the Life of an AccessEAP Ambassador as part of our AccessEAP Ambassador Program Conversational Series training. Our Program Lead, Michelle Donaldson, hosted the session live from AccessEAP Melbourne and was joined by our outstanding panellists: Doug Winger and Elaine Ross, two dedicated Ambassadors from Mirvac, along with Kate McPhee, one of our Senior Psychologists. We extend a big THANK YOU to our panelists for volunteering their time and sharing valuable insights with the wider AccessEAP Ambassador community.

 

 The Panel’s top tips for peer support are:

  • Keep the conversation going.
  • Ask for help as an individual and as an AccessEAP Ambassador.
  • Promote the EAP generally and around monthly themes.
  • Reduce stigma by seeking help yourself.
  • Have appropriate conversations – time and place is important.
  • Be politely persistent.

Check out the full video below.

Does your organisation value peer support? For more information about the Ambassador Program click here or contact your Relationship Manager.

Harnessing the Power of Positive Psychology - Team-Based Case Study Follow Up

At AccessEAP we are always looking at how we can use our individual and collective strengths to achieve the best possible customer and business outcomes. Following on from the great benefit our Relationship Management team derived from their first annual strengths assessment and with the arrival of some new team members, the process was revisited last month. 

"My team members are always striving to do better and developing and growing their knowledge and skill base with every customer interaction/engagement. I want to make sure that as a team they are recognising each other's strengths and the best ways to work together to provide the best possible customer experience," says Eleni van Delft, Accredited Strengths Coach and Director Relationship Development, at AccessEAP.

We recently received very positive feedback from our customers on our response and support to those affected by the recent terrorist attack in Christchurch. Following the event and during our internal debrief I asked our customer experience team to reflect on the strengths they used on the day of the event and in subsequent days.

They responded with :

Perseverance, leadership, bravery, perspective, teamwork, kindness, judgement (decision making) and hope. It was important for the team to have the opportunity to reflect on their strengths, identifying and acknowledging the part they played in supporting our customers through a tremendously difficult time. This was not only very insightful for each individual but also reinforced that when things happen and we can all become overwhelmed in the moment they each have the strengths and resilience they need to see things through to the best possible outcome. One team member commented, “ I now know I can handle these sorts of challenges in the future”.  

Support for customers impacted by the tragic events in Christchurch

Traumatic events such as the mass shootings in Christchurch disrupt lives physically and psychologically, creating intense emotional distress for individuals, families and whole communities. Organisations play a vital and valuable role in assisting and supporting their employees and their families in the immediate aftermath and in the days, weeks and months following this tragic event.

The immediate focus is to ensure that your employees and their loved ones are safe. At this present time, particularly with intense media coverage and access to information on the internet, it’s important to acknowledge that this is a heightened state of emotion for everyone involved. It’s important to be aware that everyone will respond differently and everyone’s needs will be different, initially and over time.  Being prepared to provide initial and long term support for people will enhance and promote their own personal coping strategies and resilience.

What your people will need right now is (download pdf version here):

  • If needed, allow additional time at home to spend time with family and friends - this helps them to feel safe and connected, and reassure others of their safety
  • Make sure your employees or students have access to support information and numbers - specifically the EAP and any other services you may have in place.
  • Give people assurance that affected families will be supported in some form or another.

The people of Christchurch have recently experienced and lived through the trauma of the earthquake. Many people are still dealing with the aftermath. This tragedy will have the potential to re-trigger feelings of trauma and loss and memories will surface. Over the coming weeks, it is important to reassure, support and connect with each other. Patience is required as everyone will feel and respond differently. People will need time, to acknowledge their responses and to process.

Over the coming days, and in time, what your people will need is for you to provide simple and accurate information on how to access services, specifically encourage, and make it easy for, employees/students to speak with a professional counsellor. Most people will not want to speak to a counsellor in the initial days or weeks as they support each other. It is in the longer term when people need support from a counsellor or their Employee Assistance Program.

Creating a thriving workplace this Feel Good February – Sally Kirkright, CEO AccessEAP

 At AccessEAP we love curiosity, being curious is one of our values and can really help to create a thriving workplace. This morning I received a card (like the one below) with an anonymous, personal message from one of my colleagues. Themed GLAD it highlighted four positive things about me. I must admit it not only made me feel good - it made me feel happy, proud, humble and overwhelmed – it brought a tear to my eye. It was a deeply emotional experience. Around our state offices these cards were being opened and experienced by all our people. I have included some of the reactions below and pictured are some smiling members of our Client Services Team!

This Feel Good February initiative was the work of our Wellbeing Champions. Informed by feedback from our Employee Engagement Surveys and as part of our internal wellbeing strategy we have recruited a team of Wellbeing Champions. These champions represent each of our divisions so bring a wealth of clinical, marketing, service, financial and management experience to the table. There brief is to implement initiatives which are valued and enhance the wellbeing of our people.

Each month the Wellbeing Champions work with their teams, creating initiatives to remind us to focus on our own mental health and wellbeing. Not every initiative will hit the mark and that’s OK but when they do they have a powerful, positive impact on mental health and workplace wellbeing. We will share these gems with our customers via our Wellbeing In Focus Calendar.

Initiatives such as these increase engagement and satisfaction related to recognition for work accomplishments; relationships with coworkers and supervisors. Organisations that are the best in engaging their employees achieve earnings-per-share growth that is more than four times that of their competitors. Compared with business units in the bottom quartile, those in the top quartile of engagement realise substantially better customer engagement, higher productivity, better retention, fewer accidents, and 21% higher profitability. Engaged workers also report better health outcomes.1.

1.Gallup Employee Engagement Poll. These findings are based on a random sample of 30,628 full- and part-time U.S. employees working for an employer from January to June 2018.

Tips to Keep Your Business New Year’s Resolutions on Track

The start of a new year is a great opportunity to take a fresh look at the goals you’d like to set for the next 12 months. For businesses this could range from financial growth to improved staff retention, or new service and product offerings. However, with only 8% [1] of people achieving their New Year’s resolutions, how can management and HR professionals hope to inspire entire teams to find year-long success?

The answer lies in effective goal setting says our Clinical Director, Marcela Slepica “It’s easy to get swept up in the excitement of setting a new goal, without thinking about the big picture. While having a common goal is great for team morale and motivating employees, the goals you set need to be realistic and in line with your organisation’s vision and values.”

Here Marcela gives more details on some of the tips we use to help organisations reach their goals.

S.M.A.R.T Goals

Organisational goals are like personal goals in that they provide structure to help us move in the direction we want to take. Within organisations, it can be easy to come up with ‘big picture’ ideas or strategic direction, however setting goals can be more challenging. The S.M.A.R.T. model is a great way of keeping your goals on track and giving them the best possible chance of success.

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AccessEAP acknowledge Aboriginal and Torres Strait Islander Peoples as the First Peoples of the lands we live and work on throughout Australia. We recognise their continuing connection to land, waters, culture and community as we pay our respects to the Elders past, present and future. We extend that respect to all Aboriginal and Torres Strait Islander Peoples who connect with this website.
Aboriginal and Torres Strait Islander Peoples are advised that this website may contain images, voices and names of people who have since passed away.

indig_flags.jpg

AccessEAP acknowledge Aboriginal and Torres Strait Islander Peoples as the First Peoples of the lands we live and work on throughout Australia. We recognise their continuing connection to land, waters, culture and community as we pay our respects to the Elders past, present and future. We extend that respect to all Aboriginal and Torres Strait Islander Peoples who connect with this website.
Aboriginal and Torres Strait Islander Peoples are advised that this website may contain images, voices and names of people who have since passed away.