Do we need to legislate against stress?

first_imgDo we need to legislate against stress?On 1 May 2001 in Personnel Today Related posts:No related photos. Comments are closed. The Health and Safety Executive recently concluded that one in fiveemployees is very or extremely stressed, while a study by the TUC` reveals thatstress is a major concern for workplace safety representatives. Are employersdoing enough under self-regulation to combat stress or is it time to legislate?Compiled by Sarah-Jane NorthDavid Cooper Director of HR and corporate development, East London and the CityMental Health NHS Trust Stress does exist and it exists in significant amounts in the NHS, at alllevels, indeed more so now among general and senior managers than ever before.I joined the NHS in 1987 and it did not seem so prevalent back then. Butgeneral management in the NHS is now much more like that found in the privatesector. And it is increasing in particular areas, usually where there are staffshortages or pushes to deal with specific issues. I feel there is more stress in mental health than in my previous field ofcommunity health. If a child doesn’t get speech therapy for 12 weeks it doesn’tmake headlines. But if a patient is discharged and murders then we will be heldaccountable for that. People working in mental health live in fear at timesbecause of the client group they work with. I have my own opinion about claims that there can be “good”stress. In my opinion, life without stress would be fantastic. I also believe that the vast majority of stress is created by other people.About 90 per cent of the things I get asked to deal with immediately are notthat urgent. That’s more about wielding power. The key issue to address is about working in a supported environment. We arenot doing enough locally, regionally or nationally in the NHS to deal withstress because we are not prepared to accept how much stress exists. For yearswe have accepted that our staff will be abused and harassed. It has even become a comic turn that a district nurse may go to a house andbe flashed at. It’s part of NHS folklore. What we need is zero tolerance. Dr Rob BrinerSenior lecturer in organisational psychology, Birkbeck College, LondonUniversityStress is not really a meaningful, medical, scientific concept. The casesthat have gone to court are about specific conditions such as depression ornervous breakdowns. These cases involve people who have found it hard to cope, have repeatedlytold their employer about their problem and the employer has handled thesituation incredibly badly. It is not the work itself that is the problem, buthow the employee’s concerns are not addressed. It is also my impression thatlawyers use the fear factor to make organisations feel they have to do thingsabout stress when in fact much of what they do will not prevent stress at all. The law is used to scare people and that is not the best basis from which toencourage employers to behave properly.Steve HarveyDirector of people, profit and loyalty, Microsoft UKYes, stress exists. It’s a bit like personal training at the gym; you haveto stress a muscle before it can grow. The important part of the deal is thatthe muscle then has to have recovery time. In the workplace, a degree of stresscan be a good thing as long as it is not 100 per cent of the time.Employers could always be doing more to put the stress into context, and aslong as there is recovery and fun time within the work environment, it shouldbe manageable. At Microsoft, we make sure that people take their holidays, weprovide external help for employees in the form of an Employee AssistanceProgramme, if people feel their life is getting out of hand. Stress is a very individual pressure, so I do not believe there should belaws in relation to it on employers.Terry GormanPersonnel director of Nottinghamshire County Council, president of localgovernment personnel group SocpoI agree that stress does exist in the workplace and indeed is now one of thetwo most common causes of absence, alongside musculosketal problems. It isdifficult to say whether it is increasing in real terms but what is clear isthat more managers are now prepared to accept that it does exist so itspresence is more open.In local government I believe it is being tackled with training and in-housecounselling teams. More could be done to ensure proper risk assessments areundertaken and that managers are alert to early signs of stress when involvedwith their staff.The drivers for change are the need to reduce absence in line withgovernment targets, the business benefits and the costs of getting it wrong.There is no need for legislation.Owen TudorSenior health and safety policy officer, TUCStress is the major health issue facing workers in Britain – union safetyreps say so, employer sickness absence surveys say so, and governmentstatistics prove it. People are working too hard and too long, without theresources they need. Although weak, the Working Time Regulations are having aminor but measurable impact on hours, but the pressure to work harder is beingkept up and people who can cope for a while are beginning to burn out. The work ethic is out of control, and we need a new approach to thework-life balance. Unions and employers have agreed on a programme of actionthrough the Health and Safety Commission. We have agreed that stress can be ahealth and safety problem, and that health and safety laws can be used tomanage stress. Previous Article Next Articlelast_img

Chetrit lands $90M inventory loans for Tribeca condo conversion

first_imgJoseph Chetrit and 49 Chambers (Getty, 49 Chambers) Chetrit Group’s luxury Tribeca condo project recently received $90.75 million in inventory loans.Axos Bank provided a $49.25 million senior mortgage for 49 Chambers Street. Silverstein Capital Partners, the lending arm of developer Silverstein Properties, issued a $41.5 million mezzanine loan for 51 unsold units in the 97-unit condo development, sources familiar with the deal told The Real Deal. Both loans have a four-year term.The proceeds from the loan were used to pay off part of the property’s existing loans, which were issued by SL Green Realty in early 2019 and later sold to Silverstein, sources said.Read moreChetrit Group lands $204M to refinance 49 Chambers Street condo conversionTo lure buyers, Extell offers free common charges for up to five yearsManhattan luxury market has another strong week Built in 1912, the 15-story Beaux Arts building was once the Emigrant Industrial Savings Bank. Chetrit bought the Beaux-Arts building from the city in 2013 for $89 million, and began converting it into condos in 2016, with a projected sellout of $334 million.Sales for its condos launched in 2017, but have struggled amid the broader luxury market downturn. In November 2018, The Real Deal reported that the developer was offering buyers’ agents 50 percent of their commission at the contract signing.About two years ago, SL Green provided the developer with a $204 million loan on the property to retire a $194 million construction financing package, which was issued by SL Green and Acore Capital in 2016, according to Commercial Observer.Chetrit and Axos Bank did not respond to requests for comment for the article. Silverstein declined to comment. Contact Akiko Matsuda Message* Email Address* Share via Shortlinkcenter_img Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Full Name* TagsChetrit GroupCommercial Real Estatecondo marketNYC Luxury Marketlast_img read more

Oscar not leaving Blues

first_imgOscar has told French media that he has had contact with Paris St Germain this summer but has no plans to leave Chelsea. The 22-year-old Brazilian is the latest Stamford Bridge star to be linked to PSG, with Eden Hazard heavily rumoured to have been high on Laurent Blanc’s summer wishlist before he confirmed his commitment to Chelsea. Fellow Brazilian David Luiz also recently sealed a big-money move to the French capital. Press Associationcenter_img Oscar, who has played a key role for the hosts in the World Cup so far, has now followed in the footsteps of Hazard in publicly declaring he wants to stay at the London club. “I had contact with PSG, it’s true but it did not go further,” he is quoted as saying by L’Equipe. “The next season, I will stay at Chelsea.” last_img read more