March 16, 2020

Employee confidence plunges amid economic and workplace uncertainty

Employee confidence in U.K. business conditions has fallen to its lowest level on record on the back of Brexit and rising fears around the coronavirus, according to Gartner, Inc. Gartner’s latest Global Talent Monitor report claims that the U.K. business confidence fell to an index score of 44.5 in 4Q19, a decrease of over 11 index points from 4Q18. The figure puts the U.K. more than 6 index points below the current global average. More →

March 16, 2020

Workplace transformation decisions shifting from HR to senior management

by Jayne Smith • News, Working culture

Infosys Knowledge Institute (IKI), the thought leadership and research arm of Infosys, have published a global research report titled, ‘Drive Change from Within.’ The research claims that CEOs are now prioritising on driving a workplace transformation roadmap and contributing to its development in the organisation. More →

March 16, 2020

Higher female state pension age causes an increase in older women at work

by Jayne Smith • News, Working lives

The number of women aged between 60 and 64 in work has increased by 51 percent since the 1995 Pensions Act came into effect which increased the female state pension age from 60 to 65 since 2010, claims research from Rest Less, a jobs, volunteering and guidance site for the over 50s.

Between October and December 2009, there were 644,674 women aged between 60 and 64 in work. In the same period in 2019, there were 976,376 women aged between 60 and 64 in work – an increase of 331,702 or 51 per cent. This contrasts with an increase of only 127,882 (or 13 percent) in the number of men working aged between 60 and 64 over the same period. More →

March 13, 2020

Digital transformation becomes number one skills issue

by Jayne Smith • News, Technology

Organisations across Europe are facing a skills challenge caused by digital transformation, with many struggling to keep pace with learning and development (L&D) needs, claims research from Skillsoft. Carried out in the UK, France and Germany, the research suggests that reskilling in the face of changing and increasingly digital working environments is the biggest single issue for L&D professionals across all three countries (42 percent of respondents on average). More →

March 12, 2020

Workers and employers differ on progress towards workplace equality

by Jayne Smith • News

A gap exists between the way leaders and employees view progress toward equality in their organisations, according to new research from Accenture. Closing the gap will yield benefits for companies and their employees. The report, “Getting to Equal 2020: The Hidden Value of Culture Makers,” which includes research across 28 countries, claims that organisations are at an inflection point. Today’s UK workforce cares increasingly about workplace culture and believes it is critical to helping them thrive in the workplace (reported by 80 percent of women and 66 percent of men), and a majority of leaders (62 percent) believe an inclusive workplace culture is vital to the success of their business. More →

March 11, 2020

Office politics major source of work related stress

by Jayne Smith • News, Working lives

Perkbox commissioned a new study of 1,815 employed people to present a examination into the changing landscape of work-related stress in 2020. The study compared results to 2018 data in order to identify how sources of work-related stress and the solutions offered by employers are changing. The study claims that 79 percent of adults in employment commonly experience work-related stress. More →

March 11, 2020

Does an employee representative on the board mean reduced CEO pay?

by Jayne Smith • News, Working culture

Having an employee representative on the director’s board has absolutely no impact on reducing the pay level of the company’s CEO, according to research from Vlerick Business School. This research claims that contrary to the belief that employee representation on the board reduces high profit margins and greater controls the remuneration of CEOs, giving more ownership and finances to a company’s employees. More →

March 11, 2020

Half of strategic decision making in organisations fails

by Jayne Smith • News

More than half of all strategic decisions made by directors turn out to be wrong according to new research, conducted by PHD student Joep Steffes at Nyenrode Business University. This is due to time constraints, not having all of the information, and bias which often causes directors to make important decisions that are not based on reason but ‘gut’. These decisions, which could be deciding not to enter a new market or to pursue a merger, require more thought than your average decision – a director can’t simply rely on automatic actions, speed, and intuition. More →

March 11, 2020

Tech firms drive explosion in Oxford office costs

by Jayne Smith • Facilities management, News, Property

Office rent in Oxfordshire has shot up an eye-watering 24.3 percent in a year, with Bidwells’ latest research suggesting the need to fast-track new office and laboratory space to fulfil the explosion in demand from growing technology companies. Bidwells recorded more than 1.1 million sq ft of office and laboratory space being sought in Oxfordshire – another all-time high – with just 569,500 sq ft of space available, less than was on offer at the end of 2018. More →

March 10, 2020

People like coworking spaces, but face a number of challenges

by Jayne Smith • Coworking, News

Employees enjoy working in a coworking space, claims a recent Clutch report — 77 percent of coworking employees are satisfied with their shared office space. Just because people are happy in a coworking environment does not mean they don’t experience challenges working in one though. Clutch surveyed 500 coworking employees across the U.S. to learn exactly what challenges they face in their coworking space. More →

March 10, 2020

Majority of Brits struggle to make ends meet

by Jayne Smith • News, Working lives

According to the latest survey from CV-Library, the majority of Brits admit that they struggle to make ends meet, but over half are still too scared to ask their employer for a pay rise. The study, which surveyed 2,000 British professionals, claims that 18-24 year-olds are the most likely to struggle financially; with 67.7 percent of respondents in this age group finding it hard to make ends meet. This is closely followed by 66.7 percent of 35-44 year-olds and 60.9 percent of 25-35 year-olds.

What’s more, the survey also suggests that 61.3 percent of Brits feel confident about securing a higher paid role elsewhere. Men were most confident about this (64.4 percent of men vs 57 percent of women), as were 25-34 year olds (65.5 percent) and 18-24 year olds (63.8 percent).

March 10, 2020

Expectations at work are changing

by Jayne Smith • Environment, Flexible working, News, Working lives

New research from Aon, claims that 94 percent of employers believe their employees’ expectations of work experience are changing. In Aon’s Benefits and Trends Survey 2020, employers say their employees expect flexible working hours, the ability to work from home, better awareness and handling of mental health, better approaches to diversity and inclusion and better parental policies. A surprise in this year’s report is the strength of opinion on environmental and sustainability policies, coming in at the seventh most important expectation in its first year in the survey. Fifty-four percent of employers believe that employees want clarity and positivity on this subject.