Finance professionals are scared of making mistakes, (still) uncomfortable with Zoom and hate making calls

working parent stressed, professional working man

A study has found that accounting, banking and finance professionals are working in fear, scared of making a mistake at work. 

The nationwide poll, commissioned by Feel Good Contacts revealed some of the many concerns faced by these employees.

The study of 2,000 UK workers,conducted by OnePoll, highlighted issues with work related  communications. Despite almost six months of Zoom meetings, 24 per cent of accounting, banking and finance employees are still uncomfortable with being on a video call, seeing and hearing themselves on screen and being in a virtual room full of people staring at their face. Almost another quarter (24%) don’t want to talk on the phone, they would rather send an email.

In a climate of uncertainty, where accounting, banking and finance professionals are feeling on edge as we enter second lockdown, 28 per cent are anxious about working with difficult colleagues.  But it’s not just internal relations that are a concern, 20 per cent are nervous about dealing with antagonistic customers or clients.

Not surprisingly, 31 per cent of respondents are scared about losing their job as the UK plunges into economic recession for the first time in 11 years. With such worries, it’s understandable that just over one fifth of respondents are nervous about asking for extra support with a heavy workload and over a seventh are anxious to seek help with a difficult task. Just under a fifth said that in the current climate, they would dread facing their boss in a performance review and a quarter said that they would be too anxious to ask for a pay rise. Finally, one fifth are worried that they might be asked to work out of hours.

Speaking about the study, Acacia Johnson, Human Resources Advisor at Feel Good Contacts said, “With job losses on the increase, even the most productive workers do not feel immune.”

“Understandably, feelings of self-doubt plague employees.”

“‘I’m going to fail. I can’t work this out. I’m not up to the job. Everyone’s going to see me screw up. It’s only a matter of time before…..’ are just some of the thoughts going through the minds of anxious staff.”

“With this attitude, some people are working extra hard to deliver over and above what is expected of them to keep their job safe.”

“Others are keeping their heads under the parapet; they don’t want to be noticed, voice their opinions and get the blame if anything goes wrong.”

Business psychologist Jan P. de Jonge explains, “Neither approach is ideal.”

“By playing it safe, you are stifling creativity and innovation and not producing your best work.”

“You’re more likely to fail by resisting than engaging.”

“Instead try to adopt a growth mindset and see challenges as a way to develop, rather than as a threat.”

“Modern day culture promotes wellbeing.”

“So we really need to focus on what that wellbeing means, which is being accepting of imperfection.”

“If things go wrong, use it to create opportunities to learn and develop.”

“This may be a little bit counterintuitive, especially when we live in society that always tells us to do well.”

Jan added, “Decades ago, people all had to gradually get used to the phone, being available, accessible from afar and at the turn of a few buttons.”

“Now it feels like the working population – and others besides – are suddenly compelled to be visible online, representable, on-cue and on-message.”

“But an ‘always on’ approach won’t help you to perform any better in your job in the long run.”

“If you’re checking your emails 24/7 to stay ahead of the game, you won’t be coming to work feeling fresh and raring to start the day, plus you will always be distracted.”

Jan concluded, “It’s worth remembering that if you always reply to emails immediately, the sender will think you have nothing better to do.”

“So, ask yourself: will anyone care or even notice if you take some time to respond?”

“This approach is better for your health.”

“In fact, studies have found that people who were allowed to check their Inbox only three times a day had lower levels of stress compared to those who were allowed unlimited access to email.”

With these concerns in mind, Feel Good Contacts and business psychologist Jan P. De Jonge at People Business Psychology Ltd. have produced a Work Worries Toolkit to help you to tackle some of the issues you face at work.


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About the author

Alison is the Digital Content Editor for WeAreTheCity. She has a BA Honours degree in Journalism and History from the University of Portsmouth. She has previously worked in the marketing sector and in a copywriting role. Alison’s other passions and hobbies include writing, blogging and travelling.

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