Representation of ethnic minorities in UK boardrooms ‘disproportionately low’

Representation of ethnic minorities in UK boardrooms ‘disproportionately low’ 0

Representation of ethnic minorities in British boardrooms 'disproportionately low'

Ethnic minority representation in the Boardrooms across the FTSE 100 and 250 is disproportionately low and does not reflect the ethnic diversity of either the UK or the stakeholders they seek to engage and represent; a new industry-led review has revealed. Given the fact that the UK will be the most diverse country in Western Europe by 2051, with over 30 percent of the population expected to be comprised of people from ethnic minority or migrant backgrounds, each FTSE 100 Board should have at least one director of colour by 2021, and each FTSE 250 Board by 2024. These are the main recommendations of the Parker Review report, Beyond One by ‘21 which found that out of 1,087 director positions in the FTSE 100, only 8 percent of positions are held by directors of colour, of which 1.5 percent are UK citizens, despite the fact that 14 percent of the total UK population is from a non-white ethnic group (up from 2 percent in 1971).

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Work-life balance is especially important to millennials, finds US study

Work-life balance is especially important to millennials, finds US study 0

Work-life balance is especially crucial to millennials, finds US studyWork-life balance is especially crucial to millennials, with nearly six in 10 members of this generation (57 percent) saying that work-life balance and well-being in a job are “very important” to them. What’s more, millennials — whose propensity for technology has the potential to keep them constantly tethered to work emails and projects — care a lot about having a job that actively promotes their well-being. Results from the US-based Gallup-Healthways Well-Being Index survey shows that millennials are more likely than those of other generations to be thriving in physical well-being and are improving in key areas of health. But it also shows that employees who are thriving in all five elements of well-being are 81 percent less likely than those thriving only in physical well-being to seek out a new employer in the next year. These findings are particularly compelling, considering that millennials are the most likely generation to job-hop.

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Corporate responsibility now essential to attract and retain millennials

Corporate responsibility now essential to attract and retain millennials 0

carrotCorporate social responsibility is no longer seen as more than a nice to have, with those working within the built environment for example, appreciating the role it has in reducing greenhouse gases. But it is also being increasingly seen as a positive way of attracting and engaging the right talent. Now according to a new survey carried out in the US, meaningful engagement around CSR is becoming a business – and bottom line – imperative, impacting a company’s ability to appeal to, retain and inspire Millennial talent. Three-quarters (76 percent) of Millennials consider a company’s social and environmental commitments when deciding where to work and nearly two-thirds (64 percent) won’t take a job if a potential employer doesn’t have strong corporate social responsibility (CSR) practices, according to the 2016 Cone Communications Millennial Employee Engagement Study. Because the millennial generation are the most likely to blend their personal and working lives, it’s more important to them than other generations to view their job as a way to make a positive impact on society, the study suggests.

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Lack of flexible working a major reason for junior staff’s discontent

Lack of flexible working a major reason for junior staff’s discontent 0

frown-smiley-faceAs we highlighted last month, it seems that flexible working is becoming the 21st century equivalent of the ‘executive washroom,’ with only the more senior members of staff being afforded that perk. Now a new survey suggests that a lack of opportunity for agile working is one of the reasons why junior members of staff are the least happy people in the workforce. There appear to be a variety of factors contributing to this, including: low pay; individuals feeling overworked yet, significantly, unfulfilled and undervalued and of course the denial of flexible working measures. For Office Genie’s latest research into workplace happiness, UK workers were asked how they felt before and after the working day and junior staff members selected ‘quite negative’ and ‘very negative’ more than any other seniority level. Part of the reason may lie in the fact that 46 percent of junior staff report feeling overworked, however nearly a third admit to not feeling fulfilled (32 percent) or challenged (29 percent).

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Quarter of staff off work with stress hide truth from employers

Quarter of staff off work with stress hide truth from employers 0

Secret staff stress

A startling number of people in the UK who are suffering from stress hide from their employers, according to new research from Aviva to mark National Stress Awareness Day. A quarter of people (25 percent) surveyed admitted taking a day off work with stress but then blamed it on a physical illness. Based on the current number of people working in the UK, it indicates that almost eight million people are suffering in silence. The data also suggests that a third of people (33 percent) have taken a day off work with stress at some stage in their career. 25-34 year olds were the most likely to have taken time off (46 percent) with those aged over 55 seemingly the least likely to need time away from work (25 percent). More than half of men (53 percent) who had taken a day off work with stress at some stage in their career said they had done so in the last year, compared to just a third of women (34 percent).

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Employers worldwide are failing to keep senior female managers engaged

Employers worldwide are failing to keep senior female managers engaged 0

Engaging senior female managers

Some of the world’s biggest and best-known companies have lower engagement than they should among senior-level women, claims a new report, which found significant engagement gaps in key areas, including mentorship, appreciation and cooperation with colleagues. Roughly three quarters of those surveyed for the rewards of an Engaged Female Workforce were found to have generated lower levels of employee engagement among female senior managers. The research from BCG looked at factors that contribute to engagement levels for more than 345,000 male and female employees across the world and found that in companies in the bottom three quartiles of overall engagement scores, the scores of women increase by just 4 percent from non-manager to senior manager level while men’s increase by a full 12 percent. The study also found that companies in the top 25% of overall engagement scores had virtually no engagement gap between senior female managers (4.5) and senior male managers (4.4 ) when scores are rated from 1 (very dissatisfied) to 5 (very satisfied).

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Employers increased focus on wellbeing lacks adequate training and support

Employers increased focus on wellbeing lacks adequate training and support 0

wellbeing-glassNearly half (46 percent) of employers say that their organisation has increased its focus on wellbeing over the last 12 months; and when asked the reasons for this, 63 percent of respondents to the 2016 CIPD/Simplyhealth Absence Management Survey said they want their organisation to be a great place to work, 47 percent said their organisation believes employee well-being is linked to business performance, and 43 percent said their organisation believes it’s the right thing to do. Additionally, nearly two-fifths (37 percent) of organisations that invest in wellbeing say they have increased their well-being spend over the last twelve months and almost two-thirds (64 percent) have improved communications to staff about the wellbeing benefits on offer and how to access them. However, the survey found that while more employers are recognising the value of line managers in managing absence at work, they are not giving them the tools and support necessary to do it effectively.

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Calming office space and flexible hours best ways to combat workplace stress

Calming office space and flexible hours best ways to combat workplace stress 0

Stress in the workplace

More flexible hours, a more caring attitude from management, a welcoming office design and space away from the desk to take a break are much more effective ways to reduce workplace stress than expensive office overhauls or the provision of mindfulness classes, a new survey claims. A study into the measures that help reduce stress conducted by Cascade HR, explored what workers feel bosses can do to reduce their stress levels, and found that introducing flexible working hours (47 percent), early finishes on Fridays (39 percent) and a caring, friendly management style (38 percent) would have the biggest impact. The research also revealed the physical aspects of the workplace which employees believe employers could change or introduce to improve their occupational mental health. In fact, the workplace being clean and tidy was the factor that workers felt could go the furthest to reducing their stress (35 percent), while almost 1 in 3 felt having music playing would help to keep their stress at bay; as would simply having a space away from desks in which to chill out (29 percent) or to eat (27 percent) during breaks.

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Wellbeing threat for UK workers who don’t see daylight in winter

Wellbeing threat for UK workers who don’t see daylight in winter 0

Working in winter wellbeing

The customary debate over putting the clocks back has come and gone, as has the average workers chances of seeing any daylight until the early spring, for according to new research, the average office worker will now only be seeing daylight for less than an hour (52 minutes) a week. Nine in 10 rarely glimpse daylight during the winter months as they arrive at and leave work in the dark, according to a poll of 2,000 workers by Get More Vitamin Drinks. The average person will only leave the building for a total of 52 minutes during the week, although two-thirds admit there are at least two weeks in every month where they don’t spend any time outside at all. Unsurprisingly, just under half of office workers believe their work suffers as a direct result of the lack of sunlight – with productivity dropping rapidly from around 2pm. The study shows two thirds of office workers will start finding it difficult to concentrate by the early hours of the afternoon in winter as a direct result of being stuck inside.

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Newsletter: Self-image problem + Top tech trends for 2017 + Offices more productive places? 0

An EMC officeIn this week’s Newsletter; Steven Lambert argues millennials’ love of mod cons may make them dislike noisy open offices; Cathy Hayward describes a tech giant’s One Team approach to workplace management and design; and Mark Eltringham says FM is not alone in thinking that it doesn’t shout loudly enough. The majority of people prefer working in an office; Gartner highlights the top technology trends; a belief Brexit could improve European commercial real estate investment opportunities; and the majority of freelancers don’t want more employment rights. Automation could swallow a sixth of public sector jobs; flexible working behind growing popularity of self-employment; and corporate real estate sector is reducing energy consumption, carbon emissions and water usage. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Toxic culture at work a leading grievance for unhappy staff 0

resignation lettersNearly a third of UK workers (30 percent) would not describe themselves as happy at work and would move jobs for better benefits and a more pleasant workplace culture, a new survey claims. The report by Perkbox finds that the power of ‘Thank You’ in business is an overlooked and often underestimated resource, yet its influence to elevate moods, increase engagement and uplift productivity is profound. Over two thirds (69 percent) of UK workers polled rate company perks and benefits as important to their overall satisfaction and more than a quarter (26 percent) rate lack of reward and recognition for good work as their number one grievance at work. Yet over half (53 percent) of UK companies do not formally recognise outstanding employees on a regular basis, while 44 percent believe that rewards and recognition are either very or extremely relevant to their business. UK workers also reported that a toxic negative culture at work was their biggest grievance (cited by 21 percent of respondents) while 17 percent highlighted micro management and 15 percent said long hours. In London, nearly half (48 percent) of workers would be likely to switch to a job that offered better benefits and overall women are more likely than men to consider work/life balance an important factor in switching jobs (41 percent vs 35 percent).

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Flexible working major incentive for workers starting own business 0

flexible-workingThree quarters (75 percent) of British workers would like the freedom to run their own business one day, with over half those in a poll citing flexible working as the principle incentive. The research from St. James’s Place Academy claims that 78 percent of men and 73 percent of women aged 25-55 had dreams of becoming an entrepreneur, and  51 percent of respondents thought that having more control/setting their own hours would be the best advantage. A further 21 percent thought that they’d experience improved job satisfaction, 15 percent believe they could increase their earnings and 11 percent like the idea of working from wherever they like. The research also found that younger workers (those aged between 18-35) are more predisposed to the entrepreneurial dream (82 percent) than older people in employment (compared to the 58 percent of those aged 55+ who expressed a desire to run their own business); and that Londoners are the most entrepreneurially-minded with over 81 percent wishing to run their own business while the Scottish are the least keen at 69 percent.

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