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Don't let your career fears hold you back in 2017

Paystream News

Kerry Hull

Monday 20th Feb, 2017

The start of a new year is seen by many as the perfect time to work on overcoming their fears and setting goals for the year ahead. As limited company contractors, freelancers and other self-employed individuals are in charge of their own career progress, it is important that these goals are achievable and that there are no unnecessary fears holding them back.

According to recent research from careers website CV-Library, almost half (47.8 per cent) of workers in the UK have at least one work-related fear that could be preventing them from climbing the career ladder or from growing their own business venture as a limited company owner.

But what exactly are workers so scared about? And how can these fears be overcome to make sure no one is holding themselves back from achieving their goals and resolutions in 2017?

What are workers scared about?

CV-Library's report found that the biggest fear held by UK workers is making a mistake at work, which was cited as a major worry by one-fifth of the survey's 1,600 respondents. This was closely followed by public speaking, a thought that induced fear in 18.4 per cent of workers, while not being able to meet deadlines came in third place, voted for by 13 per cent of those questioned.

The top ten most prevalent work-related fears also included having to say 'no' to either a customer or a manager, which was revealed to be a concern of ten per cent of workers, along with not possessing the right skills (11.7 per cent) and having to speak on the phone (4.9 per cent), while 2.5 per cent of respondents dreaded having to manage a big project.

As a result of these fears, 87.3 per cent of those polled believed career progression could be being hindered, while more than one-third (34.5 per cent) had suffered from feelings of anxiety linked to their concerns.

What's more, 17.1 per cent of workers admitted to leaving a job in the past due to such fears, while 19.9 per cent had turned down a job offer and 20.5 per cent had not applied for a job they wanted due to being too scared.

Commenting on these findings, founder and managing director of CV-Library Lee Biggins stated: "It's concerning to learn that so many of the nation's professionals are being affected by workplace fears and that these are having a negative impact on their career progression.

"The fact that workers are turning down good opportunities or perhaps not even applying in the first place is alarming."

So how can contractors overcome their job-related fears?

How to overcome your career fears

As a limited company contractor running and marketing your own business venture, it's likely that public speaking, talking to clients on the phone, having to turn down contracts and taking sole responsibility for big projects could be daily aspects of your job. Therefore, it's vital that you have the confidence to approach each of these tasks head-on to ensure that you're adding the highest value possible to your clients' operations and that you're safeguarding your own professional reputation.

Being your own boss doesn't have to be scary; it can be empowering. However, it's reassuring to know that help is always on hand from limited company support services such as PayStream's My PSC. Our experts can help with the administrative work associated with running a limited company, leaving you with more free time to spend overcoming your work-related fears.

For example, knowing that you are receiving help and support from a team of experts with the My PSC service, that will help to ensure your limited company is being run in the most tax-efficient way, could provide you with the confidence to take some time out to attend a course on overcoming public speaking anxiety. Alternatively, you could use the time to brush up on your organisational skills to make sure you're always confident to manage even the biggest of projects, ensuring that you say goodbye to your career fears for good in 2017.

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