Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > Boosting connectivity and wellbeing in global and remote teams
    Business

    Boosting connectivity and wellbeing in global and remote teams

    Boosting connectivity and wellbeing in global and remote teams

    Published by Jessica Weisman-Pitts

    Posted on July 6, 2022

    Featured image for article about Business

    By Paul Rhodes, founder and creator of health, wellbeing and fundraising platform, WellGiving.

    Over the past few years, we have been plunged into a working life of makeshift desks, online meetings and working predominantly alone, often from home. Managers and their teams have adapted quickly to conducting the majority of business remotely, becoming rather adept at doing so.

    While this achievement has showcased the ability of businesses to pivot during rapidly changing circumstances, it has also left many workers feeling alone and isolated from their colleagues.

    Remote work has become a permanent fixture within the working landscape, especially in the case of global teams. Though they perhaps have certain advantages in terms of working together over greater distances, there are still important issues to consider when it comes to engaging workers and ensuring the wellbeing of global and geographically disparate workforces.

    It is the role of employers, employees and businesses to create positive working environments as they build their communities across global sites. Indeed, recent statistics from the Mental Health Foundation found that maintaining the mental wellbeing of employees does not only improve work culture, but can increase productivity by 12%.

    So, what are some of the challenges businesses face, and what steps can they take to connect and engage their global teams?

    Facilitate communication

    Though technology offers more ways than ever to communicate, it is often not properly utilised to promote effective communication throughout an entire organisation. The result is staff working from home, especially those across multiple countries, can feel sequestered within their own bubble, leading to further reductions in communication levels and increased feelings of isolation from their team.

    Fostering positive forms of interconnectivity, whether through shared virtual spaces, regular check-ins, or a business-wide communications platform, will not only help employees connect with each other, but also encourage the sharing of updates and information from within the team, and not simply from the top-down.

    Create a virtual water-cooler

    Employees are happier when they feel comfortable and able to open up to their teammates. This process, however, is not automatic, and comes from building trust with ones’ colleagues. In local teams, this is usually achieved through informal chat or “water-cooler moments” – small conversations that help people feel connected to their co-workers.

    In geographically dispersed teams, this can be a huge challenge, as face-to-face time is naturally limited. Therefore, it is important to factor in creating space for unstructured communication that can replace these physical water-cooler moments with virtual ones. This might be something as simple as allowing five minutes for light conversation during video conferences before getting to the business objectives of the day. These small changes can go a long way in fostering a greater sense of trust and organic communication between global team members.

    Organise company-wide activities

    The challenges of remote work are manifested both mentally and physically. Many suffer feelings of loneliness due to a lack of social interaction with their teammates, and this is compounded in teams that work across several countries and time zones. Working predominantly from home can also result in a more sedentary lifestyle, with a decrease in activity levels further contributing to poor employee wellbeing.

    Leaders and wellbeing managers can go some way in addressing both issues by organising group events that connect people across global sites through a common activity and purpose. Virtual challenges and initiatives, such as enterprise-wide yoga in the morning, or walks during lunchtime in which minutes of activity are logged, can encourage staff to compete in a friendly manner, get to know their co-workers and boost their mental and physical health.

    Offer flexibility

    Organisations undoubtedly recognise the need for initiatives that address wellbeing, with the CIPD Health and Wellbeing at Work 2021 report finding that 75% of respondents believed senior leaders had employee wellbeing on their agendas. However, it can be difficult to implement these policies, however well-meaning, across global teams.

    Logistical considerations, such as different time zones, language barriers or various societal and cultural norms can raise unexpected considerations when implementing policies and practices to improve both communication and wellbeing. It is particularly important for wellbeing managers and leaders to make themselves aware of these potential issues, and take them on board when developing new initiatives so they can adopt a consistent, effective approach across all of their global sites.

    Conclusion

    Living in a global economy, more organisations naturally reply on employees spread across multiple locations worldwide, and benefit from this diversity of expertise and knowledge of local markets. This also means that businesses have a responsibility to address the wellbeing of geographically disparate teams in the same manner as they would local ones.

    Understanding the unique challenges faced by dispersed employees, and finding flexible solutions that can be adapted to both the needs of the business and its staff is key, not only boosting the wellbeing of employees, but the bottom line of the company, too.

    Related Posts
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    How Investability Helps Companies Navigate Transformational Times
    How Investability Helps Companies Navigate Transformational Times
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Reducing Freight Costs to Drive Global Trade Expansion
    Reducing Freight Costs to Drive Global Trade Expansion
    The Psychology of Music in the Modern Workplace
    The Psychology of Music in the Modern Workplace
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses
    Finance teams still stuck in spreadsheets as manual processes stall digital transformation
    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Business PostWhy ESG is a Business Investment
    Next Business PostGetting to grips with hybrid working

    More from Business

    Explore more articles in the Business category

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    2025-2030: The Next Technological Innovations for Business

    2025-2030: The Next Technological Innovations for Business

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    E-commerce Customer Service: Tips

    E-commerce Customer Service: Tips

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    Hurt at Work? 5 Financial Facts You Need to Know

    Hurt at Work? 5 Financial Facts You Need to Know

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Empower Your Workforce With Financial Wellness This Labor Day

    Empower Your Workforce With Financial Wellness This Labor Day

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    The Hybrid Office Playbook for Financial Services: How to Design Hybrid Offices to Optimize People and Spaces

    The Hybrid Office Playbook for Financial Services: How to Design Hybrid Offices to Optimize People and Spaces

    View All Business Posts