Employees do not feel their efforts are being recognised by their company or their colleagues, according to a new report.

The report, from Workplace Intelligence Unit (WIU), found that five out of 10 people felt their employer does not value their work and their company does not act in their best interests. Four out of 10 people felt their colleagues did not value their time, turning up late to meetings, and three out of 10 people admitted colleagues not showing respect for other people’s views is a big problem within their workplace.

Ann Brewin, director of forward thinking inc and co-founder of the Workplace Intelligence Unit, said: “One of the great things about social capital is its impact on knowledge sharing. It’s far more effective and cost efficient for people to learn from one another informally on a day-to-day basis than to implement formal training schemes.”