The research, conducted by global HR services group Penna Plc, has found that a fifth of employees are not currently mentoring or being mentored – but would like to be. Conducted amongst 2,000 respondents, the research also found that that a further 40 per cent of employees have never been given the opportunity to be a mentor or mentee.
Faced with a barely growing economy, the government has targeted smaller companies as a major source of growth and has introduced reforms to encourage start-ups and make it easier for existing businesses to expand, reports The Telegraph.
Director of Smart Currency Business, Carl Hasty, says: “Traditionally, Europe has been the UK’s most important trade partner and the first port of call for most UK firms looking to expand abroad. Increasingly, however, businesses are looking beyond the Eurozone to higher growth markets elsewhere in the world. So much so, the Eurozone is now the destination of less than half of all British exports.”
Stress had a noticeable impact on businesses in 2012, with decision-makers from British SMEs indicating that the negative effect of stress levels, low morale and staff absence could be set to continue unless the economic environment improves. 29 per cent of SMEs polled state that these issues are having a negative impact on overall business performance.
According to a fifth of SMEs surveyed, workforce absence levels have risen over the past two years, with 12 per cent reporting more short-term stress-related absences of less than four weeks in the last year.