December 5, 2018
A new report claims to have found a lack of commitment amongst UK businesses to address their impact on the environment and contribution to climate change, with only 10 percent having set a carbon reduction target, while just under half of companies (49 percent) use even the most basic sustainability measures, such as recycling bins for office waste.
December 3, 2018
There is a theory that when companies talk about issues such as corporate social responsibility they are doing so because it helps them to achieve their business goals. This is the coldly rational thing to do according to people like free market guru Milton Friedman who argues that companies should not actively pursue altruistic ends unless that pursuit is ultimately in the interest of their shareholders. As Friedman puts it: ‘Hypocrisy is virtuous when it serves the bottom line. Moral virtue is immoral when it does not’.
November 30, 2018
A report published by Vodafone suggests there is a clear link between digital transformation and levels of business confidence in the UK. 79 percent of business leaders say digital transformation is a strategic priority and are keen to exploit its full potential. Organisations that prioritise digital transformation are also more confident about future growth. Of those business who see digital as a low-priority, only 17 percent are very confident about their future growth; for those who see digital transformation as a high-priority, this figure almost triples to 50 percent. The Digital, Ready? report surveyed 2,001 business leaders across the UK, from sole traders through to large enterprises and the public sector. It found that a fifth have already successfully implemented digital transformation projects; and more than half believe they are making good progress (53 percent). 69 percent recognise that their organisation will not survive if they fail to embrace digital transformation.
November 29, 2018
The OECD, UN Environment and World Bank Group have this week called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2emissions to net zero in the second half of the century and build resilience to climate change.
November 28, 2018
A new IZA World of Labor report published today suggests that workers’ effort may be more responsive to wage incentives and therefore the efficiency costs of progressive labour income taxation larger than previously thought. A fundamental question in economic policy is how labour supply responds to changes in remuneration. The responsiveness of labour supply determines the size of the employment impact and efficiency loss of progressive income taxation for example. The economist Tess Stafford of the University of New South Wales, Australia, summarises a number of recent studies of independent contractors’ labour supply which confirm a key prediction of economic theory: workers work more (in fact, quite a bit more) when earnings are temporarily high.
November 27, 2018
Men’s care brand Harry’s has published the findings from their first US Masculinity Report in partnership with University College London psychologist John Barry, co-founder of the male psychology section of the British Psychological Society. The report surveyed 5,000 men aged 18-95 across the US, weighted for race, income, education, sexual orientation and other factors. Respondents were asked about their wellbeing, happiness, confidence, emotional stability, motivation, optimism, and sense of being in control. They were then asked how satisfied they are with their careers, relationships, money, work-life balance, physicality, and mental health. The reports key finding was the strong correlation between wellbeing and meaningful work.
November 26, 2018
So, what is the meaning of life? According to a study by Pew, the gold standard US based researchers, it’s spending time with family and friends, reading, listening to music and going for a walk in the open air. Work comes somewhere down the list. Just one-third of the survey’s respondents mentioned their career or job as a source of meaning, and only a quarter cite finances or money. This, it turns out, is not too far off Monty Python’s conclusion in their eponymous film: Try and be nice to people, avoid eating fat, read a good book every now and then, get some walking in, and try and live together in peace and harmony with people of all creeds and nations. That’s that sorted then.
November 26, 2018
A decrease in commuting times in the UK will reduce levels of carbon dioxide by 7.8 million tonnes per year by 2030, according to a new study by Regus. The economic study, carried out by independent researchers, found that if the growth in flexible workspace continues to increase, commuters in the country could save 115 million hours of commuting time per annum by 2030 from a turn to flexible working. Meanwhile, the nation which would see the largest annual carbon emission saving by 2030 is the United States. It is predicted to save nearly 960 million hours in commuting time, and with US commuters relying heavily on cars, this time saved translates to over 100 million tonnes of CO2.
November 21, 2018
Today is National Go Home on Time Day (in Australia at least) and the 10th annual report by The Australia Institute’s Centre for Future Work published to coincide with it estimates that Australian employees will work 3.2 billion hours of unpaid overtime for their employers this year, worth an estimated $106 billion in wages. It’s refreshing to see a figure applied to this issue, because most of the stuff we get tends to highlight how much time employers are losing to the myriad of distractions, responsibilities, foibles, preferences, cock-ups and ailments that come with giving jobs to humans. An issue we satirise here. More →
November 19, 2018
Workplace health promotion programmes that encourage employees to take responsibility for their own weight may have detrimental effects for employees with obesity, reveals a new study. These range from feeling increasingly responsible for their weight but perceiving they have less control over it, to increased workplace weight stigma and discrimination. Ironically, these effects could even lead to increased obesity and decreased wellbeing. Published in Frontiers in Psychology, the study finds these pitfalls could be avoided through programs focusing on the employer’s responsibility to maintain employee health.
November 19, 2018
Despite the understandable impulse organisations have to encourage people to be in constant communication with each other, teams often get better results when they collaborate only intermittently, according to a report How Intermittent Breaks in Interaction Improve Collective Intelligence, written by Ethan Bernstein, the Edward W. Conard Associate Professor of Business Administration at Harvard Business School; Jesse Shore, assistant professor at Boston University’s Questrom School of Business; and David Lazer, professor at Northeastern University.
November 18, 2018
What The Midwich Cuckoos can teach us about Millennials
by Mark Eltringham • Comment, Workplace
John Wyndham’s 1957 novel The Midwich Cuckoos is the story of a fictional English village in which, following an unexplained event that causes everybody within Midwich to fall unconscious, all of the women in the village fall pregnant and 61 children are subsequently born all at the same time. The children bear absolutely no physical resemblance to their parents, with pale skin, blond hair and piercing eyes. As they grow older it also becomes apparent that they are strange, emotionless and have a telepathic bond with each other. It’s not much of a spoiler to tell you that things don’t go well. The only rationale for what had happened to create the children in the first place is an unexplained incident of xenogenesis – the birth of offspring unlike their parents. Something similar must have happened on a global scale from the beginning of the 1980s onwards, at least based on what we are told about Millennials.
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