As more employees work from home, amid the the Covid-19 pandemic, recognising their work is even more important. Unsplash
As more employees work from home, amid the the Covid-19 pandemic, recognising their work is even more important. Unsplash
As more employees work from home, amid the the Covid-19 pandemic, recognising their work is even more important. Unsplash
As more employees work from home, amid the the Covid-19 pandemic, recognising their work is even more important. Unsplash

How the pandemic is reshaping work-life balance


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When it comes to helping employees balance work hours with relaxation, Acuity Insurance chief executive Ben Salzmann has a unique tool at his disposal: a 65-foot Ferris wheel.

Before the pandemic struck, Mr Salzmann would regularly fire up the amusement-park staple inside the company’s Sheboygan, Wisconsin, headquarters. About twice a month, employees were invited to bring their families in for a ride or two while drinks and kid-friendly food were served.

After-work social events like these have been hallmarks of companies looking to boost employee morale and foster a sense of community. But as we all know too well, those days are over for now—and companies interested in keeping workers content and productive face an unprecedented challenge. Even among those employers that workers say handle work-life balance best, adapting to the work-from-home world has been a struggle.

“Some of [the best companies for work-life balance] have really great paid-time off policies, flexible working schedules, good parental leave, sabbaticals and gym credits,” said Amanda Stansell, senior research analyst at workplace website Glassdoor. But as workers shifted to remote work, the spirit of in-person events and company culture needed to be recreated at home.

Acuity is one of those US companies regarded as best for work-life balance, according to Glassdoor data from July 1, 2019, to June 30, 2020. IT staffing agency Digital Prospectors, accounting software developer Sage Intacct, online survey provider SurveyMonkey, business software firm Slack Technologies and digital security trainer KnowBe4 are also among the top rated.

Some of [the best companies for work-life balance] have really great paid-time off policies, flexible working schedules, good parental leave, sabbaticals and gym credits

Some are taking very different approaches to maintaining their worker-friendly reputation, but a consistent theme has been making sure employees take time off. Whether because they can’t go on a real vacation due to infection fears or they simply fear losing their job when tens of millions of Americans are unemployed, many employees just won’t stop working at a time when stress and burnout are likely off the charts.

This year is unlike any other in recent memory when it comes to the American workplace. The Covid-19 pandemic has resulted in 4.3 million confirmed infections and more than 148,000 deaths in the US, numbers that are expected to keep rising for the foreseeable future. For some workers, it has meant an unprecedented transition to working from home.

Human resource managers said schedule flexibility and supporting working parents have been popular solutions, according to research published in the MIT Sloan Management Review in June. Extending time-off policies and helping employees better manage workloads were less common approaches. Some companies said they are even contemplating permanent shifts away from full-time office work.

Mental health has become more important. San Mateo, California-based SurveyMonkey said it added internal programming for social isolation, potential burnout and anxiety. The company said it also provides confidential mental health services as well as “employee assistance programmes” that provide family support, legal and financial assistance.

The firm played to its strength, designing questionnaires for its own employees which ask how they’re adapting to working remotely. The company has encouraged workers to take breaks to prevent video conferencing fatigue and provided a $500 (Dh1,836) stipend for setting up a home office.

The stipend can also cover subscriptions to child-care service platforms, child-care services and other dependent care support such as home nurses and academic subscriptions for in-home schooling, the company said.

SurveyMonkey also has an unlimited leave policy called “responsible paid time off", where employees decide how many vacation days they should take. Such policies, however, can sometimes cause workers not to take time off, rather than risk being seen as taking too much. The company sought to alleviate this issue somewhat by giving employees a few “care flex days” to use before the end of June.

Some 70 per cent of employees took advantage of the policy, said Janelle Lopez, senior director of people at SurveyMonkey. (The company said it hasn’t extend this perk to July.)

Since April, all of San Francisco-based Slack’s employees get a Friday off together once per month—a change the company says it’s keeping until the end of the year (and which works because its employees are spread over different global regions).

When the company chief executive took a week off, he encouraged those under him to do the same, said Robby Kwok, senior vice president for people at Slack. “If your leaders are not taking time off, it does not matter how much you say to the company [‘take time off’],” Mr Kwok said. “They’re going to model that behaviour.”

Mr Kwok’s definition of work-life balance boils down to employees having the flexibility they need to make room for both. These days, it means things like being able to spend time with your kids in the morning, and then working into the early evening to make up hours. Slack also created “emergency time off” so employees can deal with issues that come up during the pandemic without using up their vacation days, he said.

One of the traditional ways of viewing work-life balance is how cleanly employees are able to disconnect—an especially difficult proposition in the work-from-home environment. At Slack, that means telling every new employee they should use the communication platform’s “Do Not Disturb” function to let others know they’re unavailable—and not be ashamed of it.

“Culturally, we made that very acceptable,” Mr Kwok said. “Everyone from the CEO to the newest hire all know about that.”

When the pandemic eventually recedes, Mr Kwok said, he expects employees will want to retain their new flexibility, further integrating work-from-home options into everyday, post-pandemic employment.

While some workers have turned their commutes into more time on the clock, there are other ways in which working from home has made life more stressful. One of these is spending more time jumping from virtual meeting to virtual meeting throughout the day.

Calendar software company Clockwise said it “processes” 500,000 calendars, which chief executive Matt Martin said show employees are spending an average of 12 per cent more time in meetings per week since the pandemic began. Bianca Repasi, a spokesperson for the company, declined to reveal the number of calendar users.

Software firm Sage Intacct said it found a simple way to deal with this virtual meeting mania: Tell employees to schedule each meeting five to 10 minutes after whatever time they originally planned. Carmen Cooper, senior director of people operations at the San Jose, California-based company, said it’s a change they plan to keep when they get back to the office.

At Acuity, the Ferris wheel reflects a key component of the company’s pre-pandemic effort to achieve work-life balance—activities. From wall climbing to maintaining a fitness centre and even interest clubs, the insurer used them to build morale and give workers a way to recharge. They didn’t, however, translate too well into the world of Covid-19.

Now, those Ferris wheel rides have been replaced by gift cards for restaurants and local (and online) shopping. Fitness centre services have now become virtual classes, the company said.

Productivity and mentoring have actually improved since remote work began, Acuity contends—so much so that Mr Salzmann recently told employees they could keep doing it permanently if they wanted.

I think the virtual community will still stay alive and be incorporated into the in-person community

At cybersecurity firm KnowBe4, the pandemic has also pushed workplace culture online. Erika Lance, senior vice president of people operations, said they’ve started offering virtual daily classes, such as kickboxing and yoga, through the company’s intranet. Managers are even asking employees to share photos of their new “co-workers”, whether it’s kids or canines.

“I think the virtual community will still stay alive and be incorporated into the in-person community,” Ms Lance said.

While the Clearwater, Florida-based company isn’t rushing back to the office, Ms Lance said that when they do make the transition, they’ll need to accommodate employees who require a more flexible work environment. But that doesn’t seem like it will be anytime soon: They’re planning a drive-thru event for Halloween, with theme of “Alice in Wonderland”.

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
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5pm: Watha Stallions Cup Handicap (PA) Dh 70,000 (Dirt) 2,000m

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5.30pm: Maiden (TB) Dh 70,000 (D) 2,000m

Winner: Miracle Maker, Xavier Ziani, Salem bin Ghadayer

6pm: Maiden (PA) Dh 70,000 (D) 1,600m

Winner: Pharitz Al Denari, Bernardo Pinheiro, Mahmood Hussain

6.30pm: Maiden (PA) Dh 70,000 (D) 1,600m

Winner: Oss, Jesus Rosales, Abdallah Al Hammadi

7pm: Handicap (PA) Dh 70,000 (D) 1,400m

Winner: ES Nahawand, Fernando Jara, Mohamed Daggash

7.30pm: Maiden (PA) Dh 70,000 (D) 1,000m

Winner: AF Almajhaz, Abdul Aziz Al Balushi, Khalifa Al Neyadi

8pm: Maiden (PA) Dh 70,000 (D) 1,000m

Winner: AF Lewaa, Bernardo Pinheiro, Qaiss Aboud.

COMPANY PROFILE

Name: Lamsa

Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

What is a Ponzi scheme?

A fraudulent investment operation where the scammer provides fake reports and generates returns for old investors through money paid by new investors, rather than through ligitimate business activities.

The biog

Family: He is the youngest of five brothers, of whom two are dentists. 

Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.

Where he works: Liberty Dental Clinic 

PSA DUBAI WORLD SERIES FINALS LINE-UP

Men’s: 
Mohamed El Shorbagy (EGY)
Ali Farag (EGY)
Simon Rosner (GER)
Tarek Momen (EGY)
Miguel Angel Rodriguez (COL)
Gregory Gaultier (FRA)
Karim Abdel Gawad (EGY)
Nick Matthew (ENG)

Women's: 
Nour El Sherbini (EGY)
Raneem El Welily (EGY)
Nour El Tayeb (EGY)
Laura Massaro (ENG)
Joelle King (NZE)
Camille Serme (FRA)
Nouran Gohar (EGY)
Sarah-Jane Perry (ENG)

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

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Politics in the West

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”