© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - Christmas cancelled for nearly half of SMEs
Posted 18th December 2015

Christmas cancelled for nearly half of SMEs

Zurich’s latest SME Risk Index reveals nearly half (49%) of SME decision makers have worked on Christmas Day.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Christmas cancelled for nearly half of SMEs
Image

Zurich’s latest SME Risk Index reveals nearly half (49%) of SME decision makers have worked on Christmas Day.

Despite being a national holiday, nearly one in five (18%) SME decision makers have had to go into work on Christmas Day, and nearly a third (32%) have sacrificed the festivities to check and send work emails.

Zurich’s latest data has shown that SMEs are missing out on a number of festive moments. Nearly one in ten (9%) have missed their children(s) nativity play and 9% have also missed putting the Christmas tree up. Another milestone in the festive period for many professionals across the country is the work Christmas party, but one in ten (13%) have missed this event. 

Not only have SME decision makers had to work over the Christmas period, they’re also losing out on annual leave. Data from Zurich’s SME Risk Index reveals one in ten (14%) decision makers have not taken any annual leave this year and in addition, almost one in five (18%) have not had more than 10 days off this year.

Jason Eatock, Head of SME at Zurich says:

“It will come as no surprise to SMEs that despite commonly held views about the lifestyle benefits of working for yourself, the reality can be very different. Missing big events such as your child’s nativity play is a high price to pay and shows the pressure many SMEs are under.

“As we look forward to taking some rest over the Christmas season, it seems current economic and political concerns are driving many of our small business owners to carry on working. We hope that everyone gets a chance to enjoy the holidays and as ever we offer our support to make their businesses run as smoothly as possible during the festive season.” 

Categories: Leadership


You Might Also Like
Read Full PostRead - Eye Icon
Leading U.S. Locations for Aspiring Stock Brokers
News
11/09/2023Leading U.S. Locations for Aspiring Stock Brokers

As a budding stockbroker looking to stake your claim in the trading world, you may be okay starting from anywhere. The truth is where you choose to launch and grow your career as a stockbroker can dramatically impact your professional and personal success.&nbs

Read Full PostRead - Eye Icon
Proudly at the Forefront of International Business Law
Legal
08/10/2024Proudly at the Forefront of International Business Law

Among the specialised law firms in Europe, some stand out as eminent options for meeting clients' business law needs.

Read Full PostRead - Eye Icon
6 Strategies to Retain Employees After a Merger or Acquisition Process
M&A
26/07/20236 Strategies to Retain Employees After a Merger or Acquisition Process

Mergers and acquisitions (M&A) are significant business transactions involving the consolidation of companies or assets.

Read Full PostRead - Eye Icon
The Hidden Dangers of Blindly Embracing In Your Business
Innovation
27/04/2023The Hidden Dangers of Blindly Embracing In Your Business

It’s no secret that AI is a trending topic hot on many organisations’ agendas and strategies. However, with the release of ChatGPT, and Machine Learning continuously evolving, cybersecurity service providers, ramsac, are advising businesses not to blindly

Read Full PostRead - Eye Icon
CEO of the Year, UK
Leadership
18/03/2016CEO of the Year, UK

CEO of the Year, UK

Read Full PostRead - Eye Icon
How Business Owners Shop for Vehicles
Innovation
16/12/2022How Business Owners Shop for Vehicles

Those who own and operate companies the use vehicles must decide on a reliable way to evaluate trucks, automobiles, vans, buses, and other products before buying them. Some organizations spend most of their money on a single expense category: new vehicles. Whe

Read Full PostRead - Eye Icon
SolarWinds Transforms Your Standard Operating Procedure to Proactive and Productive
News
21/10/2022SolarWinds Transforms Your Standard Operating Procedure to Proactive and Productive

Standard operating procedures (SOPs) are a part of every organization. SOPs are processes that outline the procedure of performing a task. SOPs allow companies to hire anyone with the right qualifications as they can do the job as long as they follow the stand

Read Full PostRead - Eye Icon
Maxim Facilities Management acquisition of CLT Services
Finance
04/08/2015Maxim Facilities Management acquisition of CLT Services

Maxim Facilities Management acquisition of CLT Services

Read Full PostRead - Eye Icon
Insuring Longevity Risk
Finance
01/11/2016Insuring Longevity Risk

Founded in 1978 by David Orford, Financial Synergy began life as an actuarial firm in Albert Rd, South Melbourne.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow