Emotional Intelligence undervalued by many UK businesses

(2 minutes to read)

As many as one in four UK business leaders say that emotional intelligence is very much undervalued in the hiring process.

Despite the majority of businesses in the UK agreeing that emotional intelligence is a very important skill for their employees, one in four say that it is undervalued.

The research, carried out by recruitment specialists Robert Half UK, revealed that these findings reinforce the World Economic Forum report, which predicts that emotional intelligence will become one of the top ten skills for employees by 2020.

Business leaders said that increased motivation and morale (46%), improved leadership (45%) and better collaboration between teams (37%) were the primary benefits of hiring those with high emotional intelligence.

Just four per cent of UK businesses say that it offers no additional benefits to their business at all.

Despite the advantages cited, managers still believe there is too little importance attached to emotional intelligence during the hiring process.

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Matt Weston, UK Managing Director at Robert Half, commented, “Identifying skills gaps and securing the right talent is crucial for long-term success in today’s competitive recruitment environment. Businesses must prioritise the skills and qualities they expect from potential candidates.

“In the current war for talent, employers must find the right balance between skills and personality – evaluating what characteristics are required within the team and what skills can be taught.”

“The workplace of future values their fit within an organisation and are more inclined to evaluate the company culture, working environment and employer brand. It has therefore become hugely important that business leaders are aware and mindful of employees’ needs and desires. This will effectively expand their candidate pool and to help to identify, secure and retain top talent, long-term.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, ContractorUmbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of ContractorUmbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, ContractorUmbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use CashPlus free of charge for the first year, saving you £69.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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