How Sharesies got work/life balance right

The company was the winner of the work/life balance prize at the recent Diversity Awards NZ

How Sharesies got work/life balance right

Sharesies is a Wellington-based organisation of 28 staff, which helps young people begin their investment journeys.

The company has developed a number of initiatives that ensure that it can grow in a sustainable way which supports its staff as well as people who invest using its platform.

The first key part of this is flexible and remote working practices. Sharesies encourages its team to make use of flexible hours and working remotely, using tools which ensure that the team can remain connected regardless of people’s individual locations.

The judging panel at the Divers Awards NZ said that Sharesies has proven that even a very small organisation dealing with rapid growth can make flexibility and inclusion part of its culture to get the best out of its employees.

This is introduced as standard practice to new staff in their contracts from induction. Plans for flexible working have been co-designed by the whole team and are designed to change to suit the needs of individual employees.

Moreover, this helps team members focus on the goals in their personal lives as well as their professional life, and each week at team meetings, employees share one thing that is coming up for them outside of work.

In addition to making it easier to fit work into their home lives, Sharesies also invests in team building for its employees. This includes a social club, team activities and monthly lunches together.

“We value this as we know a key part of feeling connected and part of a trusting environment is having strong friendships and relationships with each other,” according to Tamara Buckland, People Experience Advisor.

The other key feature of Sharesies’ employee support programme is a focus on mental health.

Sharesies has an Employee Assistance Programme (EAP) in place, as well as in-house mental health activities and mental health first aiders on site. Each employee is also offered an optional Wellbeing Plan and two days paid Wellness Leave.

Sharesies’ mental health activities include Wellness Windows, in which one of the mental health first aiders has an open space every week where any of the team can talk through any mental health related thoughts or issues they’re experiencing.

Moreover, with Emotional Workouts the team sets aside time to prioritise their mental health.

Buckland said that with these activities, Sharesies is “creating a workplace that acknowledges that people need to be able to bring their whole selves to work in order to do their important mahi.”

These initiatives have had a real, positive impact in the workplace. In a recent wellbeing survey, when surveyed on how well they thought they could take care of their own physical, social, mental and emotional needs while at work, staff reported an average score of 8.3 out 10.

Sharesies also noticed reduced absenteeism after the new mental health initiatives were put in place, and 89% of staff say that they can take steps to reduce negative feelings in times of stress.

Employees have responded very positively in their feedback around work-life balance. One employee describes the team as “social and fun. Taking this flexibility more often to re-charge and keep the home fires going helps heaps.”

Another employee said of the mental health support in the company, “It feels safe to talk about mental health at Sharesies because it has been communicated clearly that there are channels available to talk about these things and an openness to assist if you did have issues.”

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