Search Results for: values

UK businesses prepare to shed suppliers that do not live up to their social values

UK businesses prepare to shed suppliers that do not live up to their social values

social valuesUK business leaders are increasingly turning their backs on suppliers who fail to align with their social values, according to new research by Sodexo. The survey highlights the effect the pandemic has had on procurement decisions, with the majority of respondents agreeing that the events of the last year had made it more important to consider environmental and diversity policies when selecting suppliers. More →

Employees more likely to resist change if it contradicts firm’s traditional values

Employees more likely to resist change if it contradicts firm’s traditional values

employeesEmployees are more likely to resist beneficial organisational changes if they contradict historic firm values according to research from Imperial College Business School. The COVID-19 pandemic has forced organisations all over the globe to rethink how they do business, yet it may not be easy to make lasting change if new organisational practices grate against traditional, deeply-held values. More →

Jobseekers still looking to work for organisations that share their values

Jobseekers still looking to work for organisations that share their values

JobseekerCovid-19 has changed the profile of today’s jobseekers and as such, an organisation’s purpose is valued more than ever suggests new research from the recruitment agency Hays. Of the 13,500 surveyed, four in five (81 percent) professionals say working at an organisation that has a strong and positive purpose aligned to their motivations is important when considering a new role. Close to half (42 percent) say this has grown in importance since the outbreak of Covid-19. More →

Organisations should seize this opportunity to look at their values

Organisations should seize this opportunity to look at their values

Not since 911 has one event triggered such global impact and uncertainty across all businesses and industries. The unprecedented speed and scale of organisational change has challenged even the prepared leadership team. More →

Fall in employment and property values is inevitable

Fall in employment and property values is inevitable

commercial propertyIt is already inevitable that the economic fallout from the COVID-19 pandemic will include a “big hit to commercial property values” and a rise in unemployment in the UK, according to reports from researchers Capital Economics (paywall). The economic research consultancy has downgraded its forecasts for the UK economy and, as a result, is projecting a near 10 percent decline in property values and a rapid but short-lived increase in unemployment. More →

Gulf between the values of businesses and those of employees

Gulf between the values of businesses and those of employees

organisational valuesA new study from The Institute of Leadership & Management claims there is a significant gulf between the organisational values held by UK businesses and the personal values of their workers, and highlights the different values considered important to men and women, younger and older workers and between sectors. More →

Workplace values matter more than career progression to young dads

Workplace values matter more than career progression to young dads

With recent research showing that over half of young dads (58 percent) are more actively involved in day to day parenting than ever before, it is increasingly important that employers put health and wellbeing and other workplace values at the heart of their offer to employees. In particular, they should be able to offer flexible working options in order to retain their best staff. Our research looking at the Millennial Dad at Work also highlighted starkly that some business sectors are more accommodating than others when it comes to flexible working. Perhaps surprisingly, the construction industry came out of the research very well with 48 percent requesting a change in working hours since becoming a father of which 78 percent of those were successful. The retail sector and the pharmaceutical industry also did well. More →

Fifth of employees think the stated core values and vision of their company do not reflect reality

Fifth of employees think the stated core values and vision of their company do not reflect reality

Fifth of employees don't think their company's core values and vision reflect the reality

Over a quarter (27 percent) of employees in the UK feel their organisation’s vision or values have too much corporate jargon and almost one in five (18 percent) say they don’t reflect what the company is actually like, claims a new survey. Research by Rungway found that more than half (52 percent) of employees can’t recite their organisation’s vision, and nearly half (49 percent) can’t recite their organisation’s values. Two in five (39 percent) also said they wish they had more involvement in contributing to their company’s vision and values. Among demographics, men (45 percent) are more likely than women (32 percent) to want to be involved in contributing to the company’s vision or values than women, and those aged 25 to 34-years-old are the most likely to be able to recite their company’s vision and values (both 64 percent). That said, they are also the most likely (31 percent) among age groups to say the vision and values have too much corporate jargon.

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Research reveals a disconnect between employees and employers on corporate values

Research reveals a disconnect between employees and employers on corporate values

Research reveals a disconnect between employees and employers on corporate valuesLess than a quarter (23 percent) of employees feel completely informed about the values of the organisation they work for and just 19 percent of employees feel completely informed about their employer’s corporate mission claims a new survey by Reward Gateway. These statistics are even more problematic when you consider that 83 percent of employers say it’s critical to the success of their business that employees understand their mission. Recognition is one of the key drivers needed to ingrain employees with a company’s values and corporate mission, however, 40 percent of employees don’t agree that their employer recognises them when they demonstrate the values their company cares about. Furthermore, the study has found a break-down of communication and trust between employees and their employers. 81 percent of senior decision makers say that their organisation is transparent with employees about how they plan to achieve the company mission. However, only 22 percent of employees say they strongly agree that they trust their employer to communicate information openly and honestly.

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Digital tech, leadership and company values aid staff performance

Digital tech, leadership and company values aid staff performance 0

Digital company culture

Accessible leaders and strong company values are important factors that can ultimately reflect an employee’s success or failure within the company. However,so too is equipping employees with the latest technology,  and it’s an area where many organisations are falling down. A study by Oracle awarded low marks when it came to companies capitalising on technology to help them connect with employees in more ways than ever to create a more modern and customised learning experience. Just 44 percent of respondents said that their employer uses the latest digital technology to enable them to effectively perform in their role. Feedback from nearly 5,000 full-time employees at organisations with 250 or more employees also revealed that only 38 percent say that their company is concerned about their overall well-being, despite the fact that employees are most comfortable and productive within a creative, yet flexible workplace culture. More →

How facilities management brings organisational values to life. Or not

A story about facilities managementWe have used stories to pass on information for thousands of years and they remain the most powerful way we know to communicate. Indeed, the power of story is magnified in today’s super-connected, transparent world – the truth gets out fast and can be widely communicated – to millions of people all over the world – in such a short space of time. Here is a story which illustrates how employees’ “felt experience” every day strongly shapes their perception of an organisation and how the impact compares to official “corporate messaging”. This, in turn, highlights the critical (often under appreciated) role played by facilities management in reinforcing organisation brand and values. What are the implications for the role of FM and the wider HR agenda?

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Doing what you love may not automatically make you happier at work

Doing what you love may not automatically make you happier at work

There is a classic saying which has shaped our job choices for years: “Do what you love, the money will follow.” New research suggests this may be true, although not in the way it was originally conceived. The typical logic train has suggested job interest shapes satisfaction and, in turn, satisfaction may drive better performance. However, new research published in the Journal of Vocational Behavior provides some fresh perspectives. It turns out satisfaction has many facets. While interest is one component in job satisfaction, it is not the primary component. Elements such as the organization, relationships with colleagues, leadership and compensation are actually more important than interest in predicting satisfaction. More →

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