Give managers important work and respect to end “back-to-work-blues”

Give managers important work and respect to end “back-to-work-blues”

Research by executive mentors Rutbusters shows that giving managers greater respect and more important work are as important as a good work-life balance.

Give managers important work and respect to end “back-to-work-blues”

Giving managers more respect and a challenging project is as powerful as improving their work-life balance, according to research by executive mentors Rutbusters.

The research studied the opinions of 1,000 senior managers, business owners, professionals and executives and perhaps unsurprisingly found that 84% of managers believed that higher pay or a promotion would increase their happiness at work.

“It’s not surprising that so many people in our research said they wanted more pay and status, don’t we all have a desire for more money and being valued,” said Kedge Martin, CEO of Rutbusters. “However, all the research over the years shows that as long as people don’t feel underpaid, money is actually a poor motivator for all but money-orientated people, such as top salespeople and financial traders.”

More surprising was that respect (72%) and a challenging project (65%) were valued just as highly as flexibility to work from home (67%) and reduced hours (66%).

Martin, who commissioned the research, added: “In this era of work-life balance it may sound counterintuitive that many managers will be happier working long hours on a demanding project for nothing more than a bit of recognition. But it reaffirms the adage that if you want something done well, give it to a busy person.”

As the start of September brings with it the “back-to-work-blues”, senior managers may be tempted to offer a reduction of working hours or a more flexible use of time, but Martin said the findings showed the opposite was true.

“The big finding is that senior managers worried that their best people will go elsewhere because of a dose of back-to-work-blues after the summer holidays should use September to give them a challenging project.”

However, Martin called on bosses to remember to give managers the tools they need to do those challenges to the best of their ability.

“Of course, people need the right training, resources and support to succeed, and the role of an effective boss is to give them these, rather than simply give them all the blame but none of the tools.

“Elaborate schemes to give more home working and a better work-life balance are great, but actually these aren’t always motivational for many people, especially ambitious and talented managers. These people want demanding projects and recognition, not necessarily more time nappy-changing or chatting at the school gate,” she added.

Worryingly for bosses, nearly a third of managers felt a new boss would make them happier, something which the Rutbusters CEO believed bosses had to reflect on.

“While 26% of managers said having a new boss would make them unhappier, a third of managers would instead be pleased. That’s quite sad really. We will all have had great bosses and bad bosses in our career, and about three quarters of managers don’t feel their current boss helps or inspires them. Managers should reflect on this too.”

 

Resources & Whitepapers

How to optimise your compliance lifecycle

How to optimise your compliance lifecycle

3m
The new rules of accounting

The new rules of accounting

3m
5 ways internal productivity can boost your profitability

5 ways internal productivity can boost your profitability

3m
Crushing the Four Barriers to Growth

Crushing the Four Barriers to Growth

3m

Related Articles

New legislation to tackle late payments introduced by Labour peer

Regulation New legislation to tackle late payments introduced by Labour peer

5h Jeremy Chan
RSM: What’s in a name?

Accounting Firms RSM: What’s in a name?

6h Kevin Reed
Blue Monday: Accounting firms aim to encourage mental wellbeing

People Business Blue Monday: Accounting firms aim to encourage mental wellbeing

21h Shannon Moyer
Podcast: Inside Accountancy Episode 9 – Bad debt vs disputed debt and the opportunity for accountants

Accounting Firms Podcast: Inside Accountancy Episode 9 – Bad debt vs disputed debt and the opportunity for accountants

1d Austin Clark, Editor
SAIs: strengthening the government audit function internationally

Governance SAIs: strengthening the government audit function internationally

1d Salema Hafiz, CIPFA, International Acting Divisional Director
Advising your clients on carbon emissions

Accounting Firms Advising your clients on carbon emissions

4d Chris Jewers
People Moves: EY, KPMG UK, UHY and more

People Business People Moves: EY, KPMG UK, UHY and more

4d Shannon Moyer
Technology trends in accounting

Technology trends in accounting

4d