July 20, 2022
Interest in the four day work week is rising yet millions of UK workers are set to miss out, according to research from ClickUp. It found that certain careers are more likely to miss out on the idea of working a day less each week for no reduction in pay, as other employment sectors may go ahead. Businesses must take action to close these gaps to create equity for workers in the UK, the report argues. More →
July 14, 2022
An analysis by Savills of Q2 2022 Prime Office Costs (SPOC) in global markets around the world suggests that inflation and supply chain issues are now feeding into office fit-out costs and keeping occupiers’ net effective costs high in many cities around the world. Over the past year office fit-out costs have risen an average of 6 percent across the SPOC cities that have so far reported rises says Savills, although proportionally they remain a small part of overall costs compared to rents. More →
July 14, 2022
Nearly three quarters of young people aged 15 to 24 in 92 countries with available data are off-track to acquire the skills needed for employment, according to a new report published today by the Education Commission and UNICEF to coincide with World Youth Skills Day. Recovering learning: Are children and youth on track in skills development? features analyses on development in early childhood, and among children of primary school age and youth. The data highlight low levels of skill among children and young people across all age groups, with young people in low-income countries the least likely to have those required to thrive, particularly in future employment opportunities, decent work, and entrepreneurship. More →
July 12, 2022
According to a poll from Benefex, three quarters (77 percent) of workers admit they expect more of their employer now than since the start of the pandemic, and eight in 10 state that their employee experience at work is more important than a year ago. However, expectations have risen significantly more among employees under the age of 40, compared with those aged 40 and above. Eight in ten of the under 40s said both their expectations of their employer and their employee experience at work had increased since the coronavirus compared to 67 percent and 70 percent of the over 40s respectively. More →
July 1, 2022
Europe is leading the way on real estate transparency as a raft of new sustainability legislation raises industry standards, according to the latest Global Real Estate Transparency Index [registration] published by JLL, in partnership with LaSalle. Six of the 12 countries classed as ‘Highly Transparent’ in the report are in Europe with France, the Netherlands, Germany and Belgium among the most improved, joining Ireland and Sweden. More →
July 1, 2022
According to The Open University’s Business Barometer 2022 report, published in partnership with the British Chambers of Commerce, UK organisations are experiencing the knock-on effect of ongoing skills shortages, as more than three quarters (78 percent) report seeing reduced output, profitability or growth. The Open University’s annual report which sets out to provide an overview of UK skills , also highlighted the effect the skills shortage seems to be having on morale and wellbeing, as almost three-quarters (72 percent) of organisations say the impact increases workload on other staff. More →
June 29, 2022
Nine in ten UK employees have, or would be interested in a second job, as the COVID-19 pandemic and cost of living crisis sees hard up workers keen to increase incomes and turn hobbies into enterprises according to a poll in Benenden Health’s ‘Workforce of the Future’ report. It claims that almost one in three employees in the UK currently have a second occupation (29 percent), with half of these taking up their additional role during the pandemic. Meanwhile, another survey, from Culture Amp claims that six out of ten employees in the UK believe that their employers should help with the rising cost of living. More →
June 27, 2022
New research shows British workers are increasingly willing to take measures to achieve better work-life balance, as over 4 in 10 (43 percent) of UK employees would take unpaid leave to get more time off – the second highest amount of all European countries surveyed. The poll from SD Worx, claims that while people want to prioritise taking time off, the struggle is how to disconnect from the working world. Findings show that almost a third (32 percent) of UK employees check their work while they should be offline, and 34 percent say that it’s difficult to let go of workload when on holiday. More →
June 24, 2022
People struggle to express themselves authentically at work because they feel a need to conform to the tenets of the workplace culture, Dame Inga Beale, the former and first female CEO of Lloyd’s of London, told ESCP Business School. Speaking on the school’s ‘We All Make Mistakes’ podcast to the host and Professor of Entrepreneurship Ben Voyer, Dame Beale said that companies with a strong traditional culture can be resistant to modernisation as new employees are either absorbed into the current culture, or decide to leave. More →
June 22, 2022
According to a new report from ADP exploring employees’ attitudes towards the current world of work, six-in-ten (60 percent) UK workers would like more flexibility as to when they work, such as condensing hours into a four day week. This number increased to two-thirds (67 percent) in Greater London. This desire for great flexibility comes at a time when there is a mental health ticking timebomb happening in offices up and down the land. Over half (51 percent) of men and 45 percent of women admit that their work us suffering due to their poor mental health. This is leading to over a quarter (29 percent) of workers actively trying to change their job and/or move into another industry. More →
June 15, 2022
Fully remote working is no longer viewed as the ‘holy grail’ by tech employers, with hybrid working now viewed as the perfect model for aiding retention and recruitment of talent. That is the main conclusion of Robert Half’s Demand for Tech Talent report, which surveyed 750 tech hiring managers across the UK. The results of the survey suggest that remote working – which the report claims was widely touted as the ‘future of work’ both before and during the pandemic – is now being shunned by companies in favour of a flexible approach. More →
June 14, 2022
The UK is home to one of the most dissatisfied workforces in Europe following a two percentage-point fall in employee engagement levels over the last year, according to Gallup’s latest State of the Global Workplace Report. Employee engagement among UK workers has declined steadily over the last decade. Just nine per cent of UK workers feel enthused by their work and workplace today – compared to 16 per cent in Germany and 33 per cent in Romania, home to Europe’s most engaged workforce. Across Europe, just 14 per cent of people feel engaged with their work, with rates also dipping below ten per cent in Spain, France and Italy. This compares to average engagement levels of 33 per cent in North America and 27 per cent in South Asia. More →
