{"id":72594,"date":"2020-02-28T10:43:11","date_gmt":"2020-02-28T10:43:11","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=72594"},"modified":"2020-02-28T11:07:37","modified_gmt":"2020-02-28T11:07:37","slug":"mental-health-issues-smes","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/health-safety-news\/mental-health-issues-smes\/72594\/","title":{"rendered":"Survey: Four in 10 SMEs battle mental health issues due to pay issues"},"content":{"rendered":"<h2>Four in ten small and medium-sized businesses (SMEs) across all industries are battling mental health issues due to unfair payment practices, according to a new <a href=\"https:\/\/yougov.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">YouGov<\/a> poll<\/h2>\n<p>Commissioned by engineering services bodies <a href=\"https:\/\/www.thebesa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">BESA<\/a> and <a href=\"https:\/\/www.eca.co.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">ECA<\/a>, the survey identified mental health issues in SME staff due to <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/late-payment-issues-solving\/68682\/\" target=\"_blank\" rel=\"noopener noreferrer\">late or unfair payments<\/a> including stress (29%), depression (14%), extreme anger (9%) and suicidal feelings (3%), directly resulting from late or unfair payment practices.<\/p>\n<h3>Other survey findings<\/h3>\n<p>More than two in ten (22%) SME owners have had to reduce their salary or stop taking a salary for a period of time, as a result of late or unfair payment.<\/p>\n<p>Those working for SME businesses in London reported the highest number of mental health issues among staff due to <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/late-payments-in-construction-2\/71481\/\" target=\"_blank\" rel=\"noopener noreferrer\">late or unfair payment<\/a> (42%). Businesses in the North and East reported the smallest number of mental health issues (34% each).<\/p>\n<p>Compared to over 55s, under 35s were eight times more likely to say someone at their business had experienced suicidal feelings (8% vs 1%), and four times more likely to recognise self-harm among staff from unfair payment (4% vs 1%).<\/p>\n<h3>Dual crisis of mental health problems and unsustainable business<\/h3>\n<p>BESA director of legal and commercial Debbie Petford, stated: \u201cThis poll confirms what previous industry-wide surveys have shown \u2013 a dual crisis of <a href=\"https:\/\/www.pbctoday.co.uk\/news\/health-safety-news\/mental-health-in-construction-3\/66862\/\" target=\"_blank\" rel=\"noopener noreferrer\">mental health problems<\/a> and unsustainable business practices.<\/p>\n<p>\u201cWith this growing evidence of the huge social and economic damage caused by systemic unfair payment practices, the question should no longer be what is the cost of reforming the status quo, but how can we afford not to?\u201d<\/p>\n<p>ECA director of legal and commercial Rob Driscoll, added: \u201cThese shocking new findings show how late and unfair payment is causing a wave of mental health issues right across the economy and society.<\/p>\n<blockquote><p><span style=\"font-size: 14pt;\">\u201cWith mental health now rightly in the spotlight, it\u2019s beyond the pale that large businesses continue to impose such issues on SMEs across industry.\u201d<\/span><\/p><\/blockquote>\n<p>Overall, just over seven in ten SMEs (71%) across the entire economy are paid late. The worst affected sectors were legal (90%) and construction (82%).<\/p>\n<h3>Construction SMEs<\/h3>\n<p>The construction sector, which faces the additional burden of cash retentions which other sectors do not encounter, also fared poorly among mental health issues from unfair payment.<\/p>\n<p>BESA and ECA are urging the government to give the Small Business Commissioner tougher powers to sanction late payers across every sector, as well as to legislating for a retentions deposit scheme to protect construction SMEs from systemic abuse of <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/cash-retentions-has-the-construction-industry-had-enough-following-the-carillion-disaster\/38552\/\" target=\"_blank\" rel=\"noopener noreferrer\">cash retentions<\/a> and upstream insolvency.<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Four in ten small and medium-sized businesses (SMEs) across all industries are battling mental health issues due to unfair payment practices, according to a new YouGov poll.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[309],"tags":[712,676,283,276,432,923,621],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-72594","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-health-safety-news","7":"tag-besa","8":"tag-construction","9":"tag-finance","10":"tag-government","11":"tag-health-safety","12":"tag-mental-health","13":"tag-sme"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Survey: Four in 10 SMEs battle mental health issues due to pay issues<\/title>\n<meta name=\"description\" content=\"Four in ten SMEs across all industries are battling mental health issues due to unfair payment practices, according to a new YouGov poll\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/health-safety-news\/mental-health-issues-smes\/72594\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four in 10 SMEs battle mental health issues due to pay issues, says survey\" \/>\n<meta property=\"og:description\" content=\"Four in ten small and medium-sized businesses (SMEs) across all industries are battling mental health issues due to unfair payment practices, according to a new YouGov poll\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/health-safety-news\/mental-health-issues-smes\/72594\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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