Countries aware of but not harnessing full potential of older workers

Countries aware of but not harnessing full potential of older workers 0

older workersThe idea of a fixed retirement age looks increasingly distant in countries around the world and perhaps none more so than the US. According to a study from the Pew Research Center, based on data from the federal Bureau of Labor Statistics, more US over 65s are working than at any time covered in the analysis, and they are working longer hours. As of May, nearly a fifth (18.8 percent) of over 65s worked full or part time, up from 12.8 percent in 2000. Intriguingly, the study also shows that this represents a significant greying of the workplace as in the overall population, 59.9 percent of Americans are currently in jobs, down from 64.4 percent in 2000. The same pattern is evident even in workers significantly older than 65. Even the over 75s are working at higher rates than they did before the 2008 recession, the only age groups about which that can be said, according to Pew, emphasising the fact that the workplace is getting older rather than younger as is commonly assumed.

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Workers can’t improve productivity when they don’t know what it means

Workers can’t improve productivity when they don’t know what it means 0

ProductivityThere's been a lot of debate surrounding the productivity gap over the past few years, but there's still much confusion on how best to measure it. Now a new study claims that around half of UK office workers don’t fully understand what ‘productivity’ actually means. The survey, by PageGroup highlights a clear disconnect between employers’ continued push for increased productivity and employees’ understanding of what this really entails. Only 55 per cent of the 1,000 office workers surveyed completely understand what productivity means. For instance, the most popular definitions chosen by respondents were finishing all tasks within their deadlines (37 percent), and getting all their work done within working hours (26 percent). With the vast majority (86 percent) saying that they work out of contracted hours – and around four in ten (39 percent) doing so often or always – it is clear why they might think that they are falling down in that second regard.

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Millennials not as keen on the gig economy as you might think, claims study

Millennials not as keen on the gig economy as you might think, claims study 0

MillennialsThe supposed confluence of two of the most currently talked about workplace phenomena may not be all it seems, according to a new report from PwC. It appears that Millennials may not be all that keen on the gig economy after all, and might prefer some of the things that previous generations enjoyed such as stability, security and an ability to plan their lives with at least some degree of certainty. They are realists however, and understand that the use of freelance work will continue to grow over the next few years. Indeed, the report suggests that it is older workers who - perhaps unsurprisingly - are more keen on freelance work. According to the study based on 1,385 respondents in the US, overall 41 percent of employees expect to be employed on a contract basis within the next year, even though over  a third  (39 percent) don't like the income uncertainty, and over half (53 percent) expect to be fully self employed within the next five years.

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Procrastination + Transparent office design + That Brexit thing 0

Insight_twitter_logo_2In this week’s Newsletter; Sathesh Alagappan outlines the impact on UK employment law following the Brexit vote; Mark Eltringham looks at taking transparent office design to new extremes; and why, according to Dr Piers Steel, this is the golden age of procrastination. Over a third of jobs in the tech and creative sector found within the Capital; a lack of trust precludes employees from donning wearables in the workplace; and new liability rules for the automated workforce of sophisticated 'smart' robots. News that 15 percent of organisations in the UK don’t place any focus on the mental health and wellbeing of employees; small firms more likely to adopt virtual working and both UK and US staff routinely work beyond their contracted hours. You can download our Insight Briefing, produced in partnership with Connection, on the boundless office; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Property and workplace experts have their say on the Brexit outcome

Property and workplace experts have their say on the Brexit outcome 0

brexitWell, the results are in and the UK's electorate has voted by a narrow margin for the country to leave the EU. There are likely to be other developments but whatever you make of the UK's decision to vote to leave the EU - and I think it's fair to say most independent people think it's inexplicable - there's no doubt that it will have a profound impact on the UK's economy, relationship with the world, culture, working conditions and markets. What it will mean in practice won't be apparent for months or years, of course, but that hasn't stopped experts who work in the property, workplace, design, legal, HR and architecture sectors having their say on its potential implications. We'll look at these specific issues in more detail going forward but for now, here's a round-up of those we have so far, which we'll keep updated throughout the day as the dust settles on what will prove to be a momentous decision for the UK, Europe and rest of the world.

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Small businesses outpace larger firms in adoption of virtual working

Small businesses outpace larger firms in adoption of virtual working 0

{9f354208-5623-47fc-9edf-1efb90f919df}_V9_launch_LP_lrg_1Around two thirds (60 percent) of knowledge workers in small and medium sized businesses in the US, UK and Germany now use virtual working technology that is internet or cloud-based in their professional roles. This figure is higher than in companies with 500 or more employees (53 percent). These are the findings claimed by the Way We Work Study commissioned by unified comms firm Unify. Surveying 5,000 British, American and German knowledge workers, it explores people’s attitudes and expectations about their workplace. Knowledge workers at SMBs expect to see large changes in their jobs over the next five years. More than a third (38 percent) believe their roles will not exist after this period, and almost two-thirds (64 percent) thinking they will be substantially different. On the subject of trust, 76 percent of SMB knowledge workers feel they are listened to in their organisation, compared to 71 percent in larger companies.

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UK and US staff skip holidays and work beyond contracted hours

UK and US staff skip holidays and work beyond contracted hours 0

PresenteeismFlexible working doesn't necessarily translate to spending less time at work, as the prediction that technology will enable workers to enjoy more leisure time fails to materialise. A new survey has revealed that nearly nine out of ten British workers failed to take all of their holiday allowance last year, with almost one in 200 missing out on more than ten days of paid leave. In some cases, that meant workers missing out on as much as £675 of annual leave, according to Voucherbox. Meanwhile, a survey commissioned by The Workforce Institute at Kronos has revealed that the practice of working outside standard contracted hours is so ingrained in American culture that a majority of full-time salaried employees in the US would work off-the-clock even if it was against company policy. As the line between work and life continues to blur, 81 percent of US salaried employees report that they conduct work outside of their standard hours.

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How could UK employment laws be affected by the outcome of the Brexit vote?

How could UK employment laws be affected by the outcome of the Brexit vote? 0

BrexitThe result of yesterday's EU referendum vote will dominate the UK's political scene for months now and the outcomes will be followed with particular interest by business owners, who currently have to adhere to a range of employment laws that either originate from the EU itself or have been developed within the context of our membership of the organisation. Therefore, a vote for Brexit today could fundamentally change the way businesses operate in the UK. This is particularly true given that a large amount of the UK’s employment law has its roots in Brussels. Article 153 of The Lisbon Treaty set the precedent for this. It allowed the EU to create a base level of legislation that applies to all facets of the workplace. This includes working hours, workers’ rights, and health and safety. Individual nations are free to supplement this with their own legislation. For example, the minimum wage is an example of employment legislation that is independent of the EU.

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Demand for professionals to fill London’s creative hub remains high

Demand for professionals to fill London’s creative hub remains high 0

Commercial Property LondonAs we reported last week, the success of the tech and media sector in London is driving the Capital's offices market. Now new research has shown that demand for professionals in London’s creative occupations remains high, with over a third of jobs in the sector found within the UK’s main creative hub. The latest Professional Recruitment Trends report from the Association of Professional Staffing Companies (APSCo) based on data provided by Burning Glass, claims that 33.5 percent of all creative occupation postings were found in Greater London. The South East ranks second with 16.1 percent of creative roles followed by the West Midlands in third with an 8.1 percent share of total job postings. The list of ‘in demand’ skills for creative roles is mostly dominated by coding and programming languages. However the report suggests that the skills in the highest demand, excluding those specific to IT based roles, are communication, creativity and writing.

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One in six business leaders don’t link staff wellbeing with organisational success

One in six business leaders don’t link staff wellbeing with organisational success 0

Wellbeing glassYou can take this story however you like, but a new YouGov survey of attitudes amongst British business leaders claims that just one in six (17 percent) believe that fostering a healthy work-life balance for employees is not important for their organisation.  The research also found that 15 percent of organisations in the UK don’t place any focus on the mental health and wellbeing of employees. Furthermore, three in ten (31 percent) say that their company does not do anything to actively promote mental well-being in the workplace. However, there is a clear difference in approach based on size of the organisation involved. Small businesses (44 percent) surveyed are far more likely to admit they don’t do anything, compared to medium (29 percent) and large (15 percent) businesses. This all still means that the majority of firms are actively interested in their employees' wellbeing, but the proportion of those who aren't may raise an eyebrow.

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Ageing workforce requires employers to better address skills gaps

Ageing workforce requires employers to better address skills gaps 0

Three day working weekThe Government’s 2016 Working Futures report revealed that the total number of jobs in the UK is expected to rise by 1.8 million between 2014 and 2024, while the working age population (16-64) is expected to increase by half this amount. Now a policy event being held in London by the Westminster Employment Forum will draw attention to the growing challenge faced by business leaders as the UK workforce continues to age. According to figures from the CIPD, 9.4 million people in employment in the UK are over the age of 50, equivalent to over 30 per cent of the workforce. The Open University is advising that, with employees staying in work longer, business leaders need to ensure that workers have the right access to education and the skills to remain competitive and productive at all stages of their careers. Ageing Workforce in the UK, will explore what steps need to be taken in order to adapt to this demographic shift.

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Productive workplaces + Long hours link to ill health + Coworking rise 0

Insight_twitter_logo_2In this week’s Newsletter; Mark Eltringham says we must question the idea that there is one ideal form of office; and argues events such as Clerkenwell Design Week wouldn't function unless there was some consensus on what constitutes good and bad design. The supply of flexible workspace in London outstrips conventional office space; emerging technologies will create more organic workspace; and employees thrive in a workplace that is sensitive to their needs and well-being. Women who work long hours could be damaging their health; the UK remains in the grip of a digital skills crisis; people welcome the idea of robot help and the IEA says cities can contribute to a cut in carbon emissions. You can download our Insight Briefing, produced in partnership with Connection, on the boundless office; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.