BusinessCompany NewsFDs say 48 hours are not enough

FDs say 48 hours are not enough

Could your company function if all the staff including the board worked a flat 48 hour week?

Almost 50% of UK finance directors believe their company could fail if their staff were limited to working a 48-hour week.

With the TUC condemning Britain’s long-hours working culture as a ‘national disgrace’, the results of the latest Accountancy Age/Reed Accountancy Personnel survey show there is no sign of it ending.

Some 45% of more than 400 FDs polled this week said their company could not function if all the staff, including the board, were forced to work a flat 48-hour week. One FD, who wished to remain anonymous, said: ‘Looking at France’s 35-hour working week, you can see the problems it’s causing regarding efficiency and employment for the business. You have to recognise that the hours worked cannot be put to a base minimum.’

Another FD said: ‘The flexibility and willingness to work additional hours enables firms to meet short-term rises in demand.’

Nevertheless, 49% of finance directors said their company could function if staff hours were cut. Mushroom Records FD Gavin Reed said: ‘Why shouldn’t everybody be able to do all their work in a 48-hour week? If they can’t it should be a staffing issue.’

PRIMA FD Simon Young said: ‘I appreciate employees need to be protected, though outside interference is unnecessary if people are not complaining’.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor