225+
5 reviews
Mike
16:04 13 Mar 23
Highly recommended! Josh and Sarah have been fantastic at Astute. They've found and placed me in 2 jobs now between them, both really responsive and excellent at keeping you up to speed with things. Very knowledgable about the roles and happy to talk to companies with any queries you have.
C R.
10:45 27 Jan 23
Great agency one of the best ones I've worked with! Liz has been a great help and support in helping me towards a new direction in my career life. She is very attentive and keeps me in the loop at all times! She makes the extra effort to work with my preferred requirements for work and even if it isn't completely attainable she meets me in the middle and does as much as she can to help! Also Liz is very funny might I add 😂 and I'm happy that I can now put a face to the name after all these years! Thank you again Liz for all your help and support! 😊
Christine
10:32 20 Dec 22
Josh and the Astute team was very swift to help me to find roles that matched my profile. They are really reliable and will help through every step of the recruitment process going out of their way to assist and follow up when needed. Could not find a better recruitment agency!
Helen Pinegar
16:19 18 Dec 22
Fantastic recruitment agency.. Josh was extremely enthusiastic, encouraging and clearly knowledgeable about what was needed from both the employee and the employers point of view. Extremely supportive especially in regards to interview preparation and endeavoured to procure feedback promptly. Wouldn’t hesitate to recommend Astute in the future to both candidates and recruiting businesses particularly for the right fit for the role!!!
Lisa Leigh
11:56 30 Nov 22
I have worked as a candidate for Astute and they have been excellent. Super friendly service and professional agents keen to fit the right person to the right job. It has been a pleasure dealing with them and I would happily work for them again in the future. Highly recommend this agency.
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Here at Astute, we love to celebrate success, so tonight we are keeping our fingers crossed for one of our founders, and MD, Sarah Stevenson who is one of the finalists at The Business Desk.com’s prestigious East Midlands Leadership Awards.

After a couple of difficult years, it is brilliant for us to have most of our team together and celebrate an evening toasting the most talented leaders in our East Midlands business community!

Our table is booked at Nottingham’s Crowne Plaza.

TheBusinessDesk.com wanted to create the East Midlands Leadership Awards to celebrate the leaders in business who are role models within their organisations. The bar is set high this year with a great selection of business owners and leaders who have done so much for their organisations and teams.

The winners will show the qualities of extraordinary leadership and be able to demonstrate the positive impact this has had.

The Leadership awards offer a great opportunity to recognise and showcase the achievements and success of businesses in the region.

There are ten categories at this year’s awards evening, which will see the winners acknowledged in front of the cream of the East Midlands business community.

The judging panel for this year’s awards was: Amanda Fletcher of the Nottinghamshire Golf and Country Club; Reshma Sheikh of Octavian Security UK; Richard Blackmore of the CBI and Jude Weston of NG Chartered Surveyors.

TheBusinessDesk.com’s Midlands editor Sam Metcalf, who chaired the panel, said:

“The standard of this year’s entrants was higher than ever, displaying the depth and breadth of the leadership talent in the East Midlands.

“I’d like to thank our judging panel for their time and expertise and wish all the shortlisted individuals all the best for our awards evening in March.”

We’re all keeping our fingers crossed for Sarah, but we wish the best of luck to all the finalists this year. You have all done brilliantly to be shortlisted and all deserve to celebrate!

The Categories and Shortlists for this year’s business awards are: –

Young Leader of the Year


Adam Horton, Hortons Estate Agents
Louisa Hackford-Gentle, Autistic Nottingham
Roheel Ahmed, Forsyth Barnes
Samantha Wilde, Retail Assist
Stephen Mair, Andrew Granger & Co

Transformational Leader


Adrian Buttress, PermaGroup
Alan Forsyth, Hockley Developments
Bev Wakefield, Vibrant Accountancy
Roland Kendall, Retail Assist
Sarah Stevenson, Astute Recruitment

Public and Third

Sector Leader


Amo Raju, Disability Direct
Ann Bhatti, Connect Derby
Ian Cooper, Speakers for Schools
Marysia Zipser, Art Culture Tourism
Naomi Watkins-Ligudzinska, NW Counselling Hub CIC

Mentor of the Year


Adam Rhodes, Rhodes Wealth Management
Justin Donne, Art Culture Tourism
Kirin Abbas, Paragon Law
Laura-Jane Turner, Jigsaw24
Richard Fairey, Rushton Hickman

Emerging Entrepreneur Leader


Amad Tababa, Autify Digital
Daniel Connor, DC Personnel
Luke Draper, IDT
Rob Spence, Paragon Sales Solutions

Diversity & Inclusion Leader


Amo Raju, Disability Direct
Barjis Chohan, Art Culture Tourism
Kul Mahay, Ignite Your Inner Potential
Mark Esho, Easy Internet Services
Thalej Vasishta, Paragon Law

Professional Services Leader


Amit Sonpal, Barclays Corporate Banking
Andrew Robinson, Andrew Granger & Co
Carl Hilton, BSP Consulting
David Ryley, Ryley Wealth Management
Tony Sherwin, Retail Assist

Green Leader


Becky Valentine, Spenbeck
Gary Styles, Zellar
Lance Hill, Eight Days a Week Print Solutions
Roger Whittle, Jigsaw24

Non-Executive Leader


Jade Martin, Rushton Hickman
Justin Donne, Autistic Nottingham
Rita Carta Manias, Art Culture Tourism

Company Leader

(up to 100 employees)


Adrian Buttress, PermaGroup
Alan Forsyth, Hockley Developments
Arran Bailey, ALB Group
Edward Acres, Acres Group
Lance Hill, Eight Days a Week Print Solutions

Company Leader (100+ employees)


Ian Williamson, ITP Aero UK
Rob Darby, 200 Degrees Coffee
Stewart Vandermark, Nelsons

Leader of the Year?


To be announced on the night !

We wish everyone the best of luck!

Why good recruiters are like swansGood Recruiters are like swans. Clients and candidates should experience a smooth, calm recruitment process, and not see the way our legs are kicking madly under the water! Clients do need to realise that there is a lot of work that proper professional recruiters do behind the scenes though!

 

Take client 1.  Long-standing, and currently we are on an exclusive recruitment campaign to hire two permanent qualified accountants and appoint for a 12 month maternity leave Qualified Accountancy role for them. Open, regular dialogue with the hiring line managers as to our headhunting progress, ongoing guidance on the salary budget, and whether the annual salary for the roles is accurate market rate to entice the ideal profile of the candidate.

 

This strategy of clear communication and collaborative recruitment partnership means that we can achieve near 100% CV sent to interview requested ratio.

 

The client knows that for every single applicant forwarded to them, our team will have already contacted and reached out to many, many more potential candidates that did not make the grade. When headhunting, we will investigate if they are looking for a role, and challenge the candidates on their aspirations, technical financial skillset for these particular finance roles and ‘team fit’ to see if they align with our client’s employee value proposition and ethics.

 

Our client knows that one CV in their inbox could have meant many man hours in the background, skilfully interviewing and deep diving into potential candidates’ skills, experience, and career/ life aspirations.

 

The result? A seamless process whereby quality interviews take place, with smooth, transparent communication and honest, constructive feedback the whole way through.

 

Our client benefits from one agency acting as a true ambassador for their brilliant finance teams, with a justified expectation of quality not quantity of applicant.

Our candidates benefit from a targeted search that takes their aspirations AND their accountancy skills into account.

This is a recruitment partnership that has lasted many years.

 

Client 2/

A qualified accountant with specific industry sector background and key system skills was urgently required. Our client needed an incredibly quick turnaround and wanted to conduct interviews and ideally offer a suitable candidate within a week. The job was taken at 2pm on a Friday.

The consultant worked hard.

Very hard.

Conversations were had with over 100 potential candidates – most calls lasting 20 minutes, up to an hour.

 

The result? 4 x  CVs were in our client’s inbox for Monday morning.

All were interviewed, one person was offered the role straight away with just a few days.

Scroll forward.

A friendly phone call to follow up as our bill was unpaid.

Why?

Our candidate was still in post – and very happy in the role. His boss was equally happy.

The reason for the bill not being was that they did not believe that we had ‘worked hard enough on the role. They felt that just a couple of quick calls were made and that was it so expected a reduction in our fee as a result. They had not realised all the man-hours and dedicated time sourcing and speaking to potential candidates behind the scenes.

 

This is why Good Recruiters are like swans.

Clients and candidates should experience a smooth, calm recruitment process, and not see the hard work going on beneath the surface.

They should understand that there is a lot of work going on out of sight, to make that process seamless and smooth.

 

Good employees are also S.W.A.N.s too!

 

The SWAN formula is an acronym created by an executive recruiter, John Swan, and is a very useful tool to improve candidate selection processes.

 

Four Simple Letters:  S. W. A. N.

 

SMART. Always look to recruit intelligent, smart people into your business/ team. But how can you measure the intelligence of a candidate? The answer is simple. Questions! Intelligent people tend to be more curious than average people.

 

Successful people are smart, especially when it comes to the skills and competencies required for their specific job. This is what Jim Collins meant in his business classic, Good to Great, when he wrote about “getting the right people in the right seats on the bus.” People who have a gift for their particular job tend to work faster, make fewer mistakes, and are far more productive.

 

 

W

WORKS HARD. When recruiting, look for people who are willing to work hard and who have backgrounds and achievements that show how they have gone the extra mile and exceeded expectations. As we emerge from the pandemic, employers need staff who don’t just work lots of hours. Instead they want employees who can work smarter and handle their workloads to deadlines. The years of presenteeism are fading away and rightly so.

People who actually want to “work hard” are more successful at their jobs. The basic rule is that “people don’t change.” A person who is unaccustomed to hard work is not suddenly going to transform under your supervision.

 

 

A

AMBITION. An excellent candidate is someone who wants to move ahead in life. Ambitious people are willing and eager to take additional training; they are already reading and studying and seeking opportunities to grow, both personally and professionally. They value continuous improvement and genuinely want to be the very best they can be.

This is not about only selecting candidates who want to be the FD of a Plc. It is the ambition to be the best at whatever level they are working at and the willingness to learn/ read/ train to become the best.

Candidates should be “ambitious” and able to demonstrate to you why they want this particular job.

We love this quote by Steve Miles, Vice Chairman of Heidrick & Struggles; “Don’t seek a flame-chaser, find people who are anxious to be effective and ambitious about this assignment, not some future promotion or benefit. They have to live for today in that job, not chase the flame of future possibilities.”

 

 

N

NICE. The likability of the candidate is a critical factor. Where this quality was once mainly prized in customer service/ public facing jobs, being ‘kind’ is a highly valued strength in people applying for all levels of employment and professions. Whether in finance, accountancy, or other professions, employers are looking for people who they can work with and who can share and believe in their team values, and who they like. Team fit is one of the most consistently important attributes that our clients are looking for.

When we say “nice,” we mean people who are cheerful, positive, easy to get along with, and supportive of others. They fit within the culture of your organisation. Their beliefs are in alignment with your values and the customers your organisation serves.

In the final analysis, your ability to pick the right people for your team is the key to motivation. You cannot hire the wrong people and then expect to motivate them to be excellent performers for your team. You need to look hard for your ‘A’ players, or use an ‘astute’ recruitment expert who can do a thorough search for you!

 

The saying, ‘measure twice, cut once’ is particularly true in the world of recruitment.

 

 

Other blogs you may be interested in: –

 

Candidate Blogs 

 

Client Blogs

 

 

If you would like to discuss anything regarding this article or any of our other articles, please  email [email protected]

 

 

A smooth sea never made a skilled sailor, nor a skilled accountant

“A smooth sea never made a skilled sailor.”

A great quote by FD Roosevelt. We feel that the same applies to accountants.

It’s through the turbulent times though that we learn, in life and at work. When things don’t go quite as planned, we have an opportunity to learn, to become a better sailor – or, in the case of our clients, become a better business, and our candidates – to become better accountants.

Enjoy the smooth sailing when the seas are calm. But when the surf swells and storms brew, remember: that experience brings the ability to cope with headwinds.

The same is true of accountants and all finance professionals. From credit controllers who can free up much needed cashflow by reducing outstanding debtors to a strong Finance Director or Financial Controller who can win that key tender or negotiate better rates with that new tender. Hard experiences teach finance professionals how to cope in difficult situations.

 

Our Astute seafaring ode to accountants everywhere: –

 

What is a business, without an accountant at the tiller?

Assessing performance, the greatest biller?

Forecasting growth, future success,

How to improve profits, stakeholders to impress!

Through recession, through growth, the bad and the good,

None can enlighten like a great accountant could.

 

Through the choppy waters of business life,

A strong accountant can solve financial woes and strife.

A seasoned finance professional,

Can bring a steady hand and deliver the exceptional.

 

Financial accountants; “How much are we owed?

Payrollers processing pay for those furloughed.

Credit controllers to keep debtors down,

Managing relationships with a smile not a frown.

 

Part Qualified and Finalists, improving analysis,

Working hard to avoid performance paralysis.

 

Accountants in the office or WFH,

Rest assured, their value alone,

Will see your business thrive and grow.

 

So #BeAstute, use the finance recruitment firm ‘in the know!’

 

Contact our team ‘in the know’ for your career development or to source an experienced accountant in your finance team: –

 

Astute Financial Recruitment the perfect fit guaranteed

 

 

What makes an exceptional finance director?The remit of a Financial Director (FD) is to direct the financial obligations, and financial reporting of a business AND help drive the company forward with the senior management team.

 

But that’s the easy bit. What genuine qualities lift an ordinary FD into an extraordinary Director of Finance?

 

This isn’t about which accountancy qualification you secured. The best, most brilliant FDs we have had the pleasure of recruiting and recruiting for, have had the full range of qualifications from CIMA, ACCA, ACA, CA, CIPFA, and QBE. The ability to pass exams, demonstrates academic rigour, but the modern FD needs much more than just letters after their name.

 

They need emotional and business intelligence as much as academic prowess. As the world emerges from the maelstrom of Covid into a new normal, MDs are looking for candidates who can own and understand the numbers, but who can also be intuitive to understand the power of having and keeping a resilient finance team intact.

 

To start with, let’s distinguish the difference between a Financial Director and a Financial Controller. The lines of duty can blur in an SME setting, but a crucial difference is an FD directs, while an FC controls the day-to-day operations of the finance function.

 

To effectively ‘direct’, you need to be able to command, lead, inspire. If you can’t influence people to perform their duties properly, this is a big problem.

 

Then we have the engagement /people bit.

 

You may have a great ‘number 2’ as a financial controller or finance manager, to manage staff day to day but it’s crucial you can also command the respect of the team underneath.

Don’t silo yourself but keep open lines of communication, at all levels.

 

A modern breakdown of the key attributes to being an exceptional FD: –

 

               Decisive

I                  Inspirational

               Reflective

               Emotionally intelligent

               Collaborative

T                 Tenacious

               Supportive

 

Let’s look at these in more depth.

 

Decisive: – 

Decision Makers have to be able to make decisions. You’re in the wrong job as an FD, if you struggle to reach a decision, stand by it and take responsibility for the course of action you have taken. Hindsight is a great thing. There will be mistakes made. But the extraordinary FD will own their decisions and be able to deftly calculate a fresh course of direction weighing up the risks and benefits. There’s no hiding place for a great FD. You need to be seen to be a leader in your company, amongst your peers, and by your team. That’s how respect is earned.

 

Inspirational: – 

To inspire is to be innovative. To think “outside of the box” through your knowledge and experiences, and to be creative in your thinking. The key here is application. How you apply your experience to specific, spontaneous work and business situations. As a mindset, the exceptional FD will have the dexterity to apply their interactions to a wide spectrum of situations, encouraging, and motivating their people and peers to achieve the best possible business outcomes.

 

Resourceful: –

This has become an absolutely crucial attribute. More than ever, the ability to adapt to many different functions or activities, the FD may have to step into other roles e.g. Interim Managing Director/ IT Director/ HR Director. They must be commercially aware and must understand the other areas of the business such as HR, Strategic direction, and IT amongst others.

 

Emotional intelligence: – 

The Oxford University definition: the capacity to be aware of, control, and express one’s emotions, and to handle interpersonal relationships judiciously and empathetically.

“emotional intelligence is the key to both personal and professional success”.

People have been hugely affected by changes to their working routines. An FD needs to be more mindful than ever of the psychological and mental well-being of their team and lead their staff through the return to a new normal. An outstanding FD will be able to direct how their team(s) can be professionally steered during the transition from Lockdown to new normal.

They will also have honed great recruitment skills to select the talent they need, interview and challenge potential hires, and most importantly have a succession plan.

 

Collaborative: –

Collaboration at work means involving two or more people working together for a particular purpose for the benefit of the company. This means having the ethical, professional, and moral compass to know what needs to happen and how to work together, to bring the best results. Being emotionally aware of not just yourself but others at work is key. An exceptional FD will understand how to approach people at all levels and how to temper their language, tone and timbre to make the best possible collaboration work. Remote working and online meetings mean your efforts need to transfer even more clearly and effectively than in person.

Remember: Collaboration can be upwards, as well as cascading to more junior staff.

The FD needs to balance ambition with reality and needs to be the “wise counsel to the board without allowing entrepreneurial flair to become suppressed.”

 

Tenacious: –

Tenacity is the determination to consistently continue what you are doing. To see things through. From ensuring financial information produced stands up to scrutiny from external auditors, bank and other external, legal parties.

 

All stakeholders expect honesty and a “nothing to hide” attitude to be consistently delivered. The highest standards (ethics) must be maintained, the FD should be seen as the “Champion” of the organisation’s culture and ensure that good corporate governance is maintained at all times.

The exceptional FD will have this in hand.

 

Supportive: –

“Your support network is the solid ground from which you can propel yourself upwards” . Anna Barnes.

This is about your own support network as much as being a supportive FD.

The most successful business people will have great emotional and personal backup networks. From family, and friends to external services and people to make their personal lives run as smoothly, healthily, and efficiently as possible.

You can’t be an effective, exceptional FD if your personal life and own wellbeing are in disarray.

 

If you would like confidential career or employment advice around this or any other topic, please contact Mary Maguire and she will be delighted to help you or navigate you to one of our team.

 

 

Article by Mary Maguire

Managing Director
Astute | Accountancy & Finance | HR | Office Support

Suite One, Ground Floor West, Cardinal Square, 10 Nottingham Road, Derby, DE1 3QT

T: 01332 346100
M: 07717 412911

E:  [email protected]

W: www.astuterecruitment.com

LI:  https://uk.linkedin.com/pub/mary-maguire/18/73/553

LI: www.linkedin.com/company/astute-recruitment/

What makes an exceptional finance director?

#BeAstute - Childrens Mental Health Week 2021 "I'm enough as I am said the boy"
#BeAstute – Childrens Mental Health Week 2021 “I’m enough as I am said the boy”

What inspires children can so often inspire all of us…

“What’s your best discovery?” asked the mole.

“that I’m enough as I am” said the boy.

I love this quote by Charlie Mackesy in his award-winning 2019 book, The Boy, The Mole, The Fox And The Horse.

My son was given this book to inspire him and all the then year, 6 pupils, in his school.

He’s kept it.

The other day, he came up to me in my upstairs bedroom (aka ‘office’ 🤣) and said,

“Mum, this is a really great book!”.

“Can I have a read?” I asked.

” ‘course you can Mum, but I want it back!”

Half an hour passed in the blink of an eye as I read beautiful and moving pearls of wisdom. Whilst written a couple of years ago, this is a timeless, wonderful book for kids and adults alike.

The gentle words wash over you, giving you a warm hug of reassurance.

And we all need a hug right now. ❤️❤️

Thank you Ashbrook Junior School!

Thank you Charlie Mackesy for creating such a heartwarming, wise and beautiful book.

A book for the best of times, and the hardest of times too. It’s a brilliant book to recommend to all those parents working from home for their children, especially during this special children’s week dedicated to raising awareness of child mental health.

It’s a beautiful, and rare book that can befriend a child and also captivate adults too.

A lot of parents are struggling to juggle their work and jobs from home whilst overseeing their children’s schoolwork at the moment. As a parent and an employer of staff with children, its really important to highlight and recommend great opportunities to help hardworking parents reassure their kids.

There is a great organisation called Children’s Mental Health Week

where you can access a video from their Royal Patron, HRH The Duchess of Cambridge’s video message to mark the start of the week.

Their Virtual Assembly with BAFTA and Oak National Academy is now available to view and share – featuring Jodie Whittaker, Oti Mabuse, Matthew Lewis, and many more…

If you would like to read more articles and posts on employment, recruitment, careers, mental health, and more, please follow Mary and our company page for Astute Recruitment Ltd on LinkedIn and Facebook.

 

 

Mary Maguire

Managing Director
Astute | Accountancy & Finance | HR | Office Support


Suite One, Ground Floor West, Cardinal Square, 10 Nottingham Road, Derby, DE1 3QT

T: 01332 346100
M: 07717 412911

 

E[email protected]

W: www.astuterecruitment.com

LI:  https://uk.linkedin.com/pub/mary-maguire/18/73/553

LI: www.linkedin.com/company/astute-recruitment/

 

 

7 astute steps to successful cash flow management collaboration by an expert!
7 astute steps to successful cash flow management collaboration by an expert!

 

 

 

 

 

 

 

 

 

Cash is King! Having an accurate measure of your company’s cash is always critical, now more than ever. Here at Astute, as part of a new series of articles, we are sharing 7 simple steps to guide you, in collaboration with a fully qualified accountant and expert in providing cash flow advice and more to SME businesses and larger organisations.

David Thorley is an experienced, fully qualified Finance Director with a proven career in managing the financial tillers of several businesses. Together, we wanted to share his 7 steps to achieve successful cash flow management.

Over to David….

 

“We need a 13-week cash flow!

An all too familiar phrase that I have heard over the years from banks and finance providers and in these uncertain times an especially challenging request even for experienced number crunchers!

You can, however, meet this challenge using the following simple tips: –

 

1.    Communication with your finance provider is crucial – whatever the reason, DO NOT make promises you know you cannot keep and DEFINITELY DO NOT say it can’t be done!

 

2.    Very few businesses can accurately predict cash flows, but everyone can make an informed forecast.

 

3.    The past may not be an accurate predictor of the future, but it can be an indicator! Summarise the cash flows over the previous 6 – 12 months over key headings and use for forecasting future            trends.

 

4.    All forecasting relies heavily on assumptions that identify the key sensitivities (e.g. you could be predicting quarterly rent payments being agreed to be deferred or moved to monthly).

 

5.    Look for seasonal fluctuations in income or expenses – right now this could be forecasting recovery of previous levels of sales over a 3 to 6-month period.

 

6.    It’s not unusual for the balancing number (to keep within the facility), to be payments to creditors and, in times of extreme cash pressure, this is inevitable; but again, communication is vital              to avoid going on stop with crucial suppliers.

 

7.    You may need to prepare more than one forecast – based on different assumptions. Again communicate the basis of the chosen forecast when it is shared.

 

The most important point is to always try to anticipate potential issues. Banks particularly appreciate early warnings especially if it is a potential breach of facility as it indicates a degree of control.”

 

 

Great tips so thank you David!

 

If you need a cash flow expert in your team, call Astute and we would be delighted to assist you.

 

We will be issuing more articles and tips on a wide range of accountancy, finance, HR and recruitment issues in collaboration with experts in these fields.

 

If you have found this article informative and helpful, please let Mary Maguire at Astute Recruitment know as feedback is always welcome. Feel free to share this article with others who you feel could find this useful.

 

#cashflow #CashIsKing #accountancy #finance #financedirector #cfo #financetips #BeAstute

Mental Health Week Can Your Business Afford to Ignore Mental Health?

Mental Health Week Can Your Business Afford to Ignore Mental Health?

 

 

We investigate the key impacts, costs, AND savings to companies of mental health at work.

 

Mental health has increasingly been highlighted as a key factor in business and employee performance, success and productivity.

 

This year’s Mental Health Week has special importance with the global fight against covid sars 2. Millions of workers, everywhere, across the world have been impacted.

 

Some working remotely, some furloughed. Some facing redundancy. Some already recently made redundant.

 

People’s work suroundings and working conditions have been turned upside down in just a few, short months, and whilst efforts to crank up the wheels of industry are in motion, the working landscape is likely to have been changed forever.

 

Nearly 1 in 7 people, almost 15% suffer some degree of mental health problems at work.

 

Men in full time employment are half as likely as women to experience mental health problems.

 

Nearly 13% of all staff absences in the UK can be attributed directly to mental health conditions.

 

According to research, improvements to mental health frameworks at work could equate to over £8bn in savings for UK businesses alone!

 

In today’s uncertain ecconomy, business owners, Finance Directors and senior management are more conscious than ever to seek good returns on investment and save money and more importantly improve staff engagement, morale and resilience.

 

What better way than to invest in staff?

 

But what are the cost benefits? How can this improve my balance sheet and company performance?

 

According to The Mental Health Foundation, workplace interventions including employee screening and care management strategies for those living with (or at risk of) depression was estimated to cost £30.90 per employee for assessment, and a further £240.00 for the use of CBT to manage the problem, way back in 2009 alone.

 

An economic model conducted in a company of 500 employees where two thirds are offered and accept the treatment, an investment of £20,676 will result in a net profit of approximately £83,278 over a two year period.

 

So, how can employers, HR teams, business leaders put in place policies to effectively improve employee wellbeing and mental health in their workforce?

 

Make it personal.

 

  • Employ personalised, tailored information for staff

 

  • Create bespoke advice specific to your staff, your business and working environment

 

  • Create risk assessment          questionaires

 

  • Encourage staff to watch online seminars

 

  • Implement online workshops using experts

 

  • Use experts. You don’t have to do this alone. Use businesses like Precise HR Ltd, who can give honest, tailored advice specific to your company, workforce, industry and importantly, your budget!

 

The cost?

 

Approximately £80 for every employee, for 12 months.

 

The saving?

 

According to the Mental Health Foundation, for a company with 500 employees, where all employees undergo interventions, it is estimated that an initial investment of £40,000 will yield a net return of £347,722 in savings. Mostly due to reduced presenteeism (lost productivity caused by an employee working while ill) and absenteeism (work hours missed due to ill health).

 

In another article by Michael Parsonage and Geena Saini, their report highlights that mental health problems in the UK workforce cost employers almost £35 billion just 3 years ago.

 

They broke down the overall costs as follows: –

 

  • £10.6 billion in sickness absence;
  • £21.2 billion in reduced productivity at work, or ‘presenteeism’
  • £3.1 billion in replacing staff who leave their jobs because of their mental health.

 

 

So, conclusively, the costs of ignoring mental health for your employees, simply can’t be ignored.

 

More useful links for detailed reports, information and advice on Mental Health issues: –

 

The Mental Health Foundation

Precise Hr Ltd

The Centre For Mental Health

The UK Government’s Latest Advice on Mental Health and Wellbeing

 

 

 

 

 

 

 

 

 

 

 

 

…………. Below 2b curated…….

 

 

 

 

References

Lelliott, P., Tulloch, S., Boardman, J., Harvey, S., & Henderson, H. (2008). Mental health and work. Retrieved from gov.uk/government/uploads/system/uploads/attachment_data/file/212266/hwwb-mental-health-and-work.pdf

Stansfeld, S., Clark, C., Bebbington, P., King, M., Jenkins, R., & Hinchliffe, S. (2016). Chapter 2: Common mental disorders. In S. McManus, P. Bebbington, R. Jenkins, & T.Brugha (Eds.), Mental health and wellbeing in England: Adult Psychiatric Morbidity Survey 2014. Leeds: NHS Digital.

ONS. (2014). Full Report: Sickness Absence on the Labour Market, February 2014. Retrieved from webarchive. nationalarchives.gov.uk/20160105160709/http://www.ons.gov.uk/ons/dcp171776_353899.pdf [Accessed 28/07/16].

Sainsbury Centre for Mental Health. (2009). Briefing 40: Removing Barriers. The facts about mental health and employment. Retrieved from ohrn.nhs.uk/resource/policy/TheFactsaboutMentalHealth.pdf

Knapp, M., McDaid, D., & Parsonage, M. (2011). Mental Health Promotion and Mental Illness Prevention: The Economic Case. Retrieved from gov.uk/government/uploads/system/uploads/attachment_data/file/215626/dh_126386.pdf [Accessed 02/07/16].

Knapp, M., McDaid, D., & Parsonage, M. (2011). Mental Health Promotion and Mental Illness Prevention: The Economic Case. Retrieved from gov.uk/government/uploads/system/uploads/attachment_data/file/215626/dh_126386.pdf [Accessed 02/07/16].

 

Astute Recruitment Ltd

Your CV Profile –

 

Increasingly for candidates, anything that can flag a CV to a potential employer is great.

But what to include? What to specifically cite? How to keep things concise but genuinely show you have made a difference and why you stand out?

 

Below is part of the profile for an experienced Finance Director who Astute Recruitment has worked with for a number of years.

  • Experienced SME Finance Director with a proven track record of success, supporting strategic objectives with financial acumen and operational pragmatism.
  • Facilitated ‘fundraise’ with PE – pre and post-acquisition
  • Pro-active manager and influencer, empowering staff to take ownership
  • Providing coaching, training and mentoring to build cohesive teams and business partnering senior management.
  • Proven experience working alongside MDs and Senior management teams driving businesses forward
  • Focussed on achieving individual targets and company objectives and offering excellent relationship management skills.
  • Experienced in financial and corporate management to ensure the achievement of commercial goals within budget.
  • Extensive SME experience and management of external relationships with banks, insurers, suppliers and investors.

 

Driving business projects to deliver business strategy”.

 

This is someone who one of our Directors has personally known for a while and who has sat on both sides of the client/ candidate fence. Their words and the way they succinctly covered their key attributes was great and we wanted to share this.

 

The candidate identifies specific, key deliverables and specific, defined savings they have made to the business and specific ways they have delivered success in their previous roles. They did this citing in percentage terms, the differences to the profit and balance sheet of their company. Where they had saved time – they cited the exact amount of time. They were clear that they had taken ownership of the improvements cited.

 

Another key part of this is to ensure that all the Job Boards you are registered with and your LinkedIn profile also all reflect accurately the most up to date version of your CV. Often we discover a candidate’s online profile varies to the latest CV they forward to us. Consistency in all things applies – especially in terms of your own candidate CV, personal profile and branding online.

 

For obvious reasons – we cannot state the identity of this eloquent person, as they are still in a permanent role!

Nor can we cite specific deliverables or critical success factors for confidentiality, but if you are reading this and your business needs someone like this – let our Qualified Team know and we will gladly facilitate an introduction!

 

We hope the above provides some inspiration for those struggling to write up / update their own profiles/ CVs.

 

Astute’s Team! 

 

Richard Bowe – Senior Consultant Interim Qualified Accountancy

Tom Norton – Senior Consultant Permanent Qualified

Andy Lilliman – Recruitment Business Development Manager

Sarah-Louise Wykes – Manager, Interim Transactional Finance Staff, Part-Qualified to Qualified Accountants

Charlotte Sproat – Permanent Transactional Finance Staff, Part-Qualified to Qualified Accountants (Derby, South Derbyshire, North Leicestershire, Staffordshire, South Notts)

Debbie Jackson – Permanent Transactional Finance Staff, Part-Qualified to Qualified Accountants (Derby, North Derbyshire, North Nottinghamshire)