PA Consulting’s people and talent expert, Claire Logan, discusses loneliness in the asset management industry during COVID-19 and what organisations should do to address this.
A prolonged period of working from home following the Covid-19 outbreak in March last year has led many in the asset management profession to feel lonely.
Conversations that happen by chance in the corridor or by the desk can provide people with nuggets of information or context they might not have otherwise learned. There is also the opportunity to find a soundboard and feel validated if unsure about something.
Experts say that individuals will have unique responses to new working conditions and that there is no one-size-fits-all solution.
Extraverts may struggle more than introverts for example.
Claire says firms would do well to offer some flexible working space at the office that is Covid-19 safe: “Be willing to make exceptions and invest in making an area of office space Covid-19 safe, so the option is available to those who need it.
“The small respite of coming into the office a day or two a week can make a real difference to some people’s mindset, particularly if their working-from-home setup is less than ideal.”
Experts add that it is important for leaders to be role models and speak openly about loneliness.
Claire adds: “The impact that a CEO can have on their leadership team when they talk about their mental wellbeing and loneliness is significant, and will encourage others to do the same.”