Job satisfaction keeps employees motivated more than bonuses

Job satisfaction keeps employees motivated more than bonusesThe reported levels of stress felt by banking employees already suggests that generous bonuses do not necessarily equate loving the job. Now a new study published today by the Institute of Leadership & Management (ILM) confirms that across the business sector, the single most effective motivator is job satisfaction (59%), with just 13 per cent saying the prospect of receiving a bonus or other financial incentive motivates them to work harder in their role. The survey of over 1,000 employees found that a competitive salary and a good pension are highly effective motivators (49%) but getting on with colleagues (42%) is nearly as important. The report also highlights how important good managers are to ensuring happy and motivated staff. More →

Employers should engage staff as active reputation builders in social media

Employers should engage staff as active reputation builders in social media

Employers who discourage staff from spending time at work updating their status on Facebook or following twitter feeds would be better served in harnessing their social media habits to promote the organization according to an academic study. Joonas Rokka, Assistant Professor of Marketing at Neoma Business School, has published new research in the Journal of Marketing Management that shows how social media can accentuate the role of employee and corporate reputation management. According to findings drawn from multiple business sectors and different types of companies, the research claims that companies need to focus more on managing employees as active reputation builders and brand ambassadors in social media instead of conceiving them only as possible reputation risks. More →

Labour demand growing, but many employers prefer to increase hours not people

Employment experts give cautious welcome to job increase figuresThere was a fall in unemployment of 18,000 to 2.49 million from March to May of this year according to the latest figures published today by the Office for National Statistics (ONS). Between June and August 2013 the unemployment rate dropped from 7.8 per cent to 7.7 per cent, with a slight rise in total pay of 0.7 per cent. Although the news was welcomed by employment experts, Nigel Meager, Director of the Institute for Employment Studies pointed out that while employment increased by 0.9 per cent in the last year, the number of hours worked in the economy grew faster; and CIPD Chief Economist Mark Beatson commented that there is no sign yet that increased demand for staff were leading to higher wages. More →

Business leaders’ taskforce presents Govt with bright ideas to cut EU red tape

Cut EU red tape, advises influential business leaders' taskforce A Government-appointed taskforce, which comprises six leading business figures, including M&S Chief Executive Marc Bolland, and Kingfisher CEO Ian Cheshire has presented the Cabinet with 30 ways of cutting back EU regulations that it says are holding back European businesses. According to the report, ‘Cut EU red tape’, the EU should promote enterprise and boost growth by sweeping away “poorly understood and burdensome rules and preventing similarly pointless legislation in the future”. The proposals, which followed a consultation with 100 businesses across Europe, says that cutting unnecessary and time-consuming health and safety regulations could save EU businesses around €2.7 billion, while reforming employment law would free up firms to create more jobs. More →

More employers than ever introduce some kind of flexible working pattern

More employers than ever introducing some kind of flexible working patterns

Disenchantment with flexible working appears to be ongoing in the tech sector, with a recent report revealing that computing giant HP is following Yahoo’s lead by quietly discouraging staff from working from home. However, more employers than ever are attaching growing importance to making at least some changes to working patterns as a means of managing rising long-term absence levels. In the annual CIPD / Simplyhealth Absence Management, the number of employers introducing small changes, such as later start times, has increased by 20 per cent in the last year alone. Over 70 per cent of organisations report a positive impact on employee motivation and employee engagement, while a further 46 per cent are using flexible working options to support employees with mental health problems. More →

European business leaders join forces to target depression in the workplace

Stress

Mental health campaigners’ efforts to persuade employers to combat mental ill health at work took a significant step forward today when, for the first time, senior European executives from a group of major employers, including BT Group, Barclays, and Unilever, came together to assess and address depression in the workplace. One in 10 employees in Europe is estimated to take time off work due to depression, which equates to more than 34 million people. The “Target Depression in the Workplace” initiative recommends concrete tools and resources that will enable company executives to better identify and support employees with depression, as well as promote good mental health at work. More →

iPosture generation warned to sit up straight or risk a lifetime of back pain

iPosture generation warned to sit up straight or risk a lifetime of back pain

Ask anyone under twenty, “what is a VDU?” and they’ll probably think you’re referring to a “social” disease. Yet, despite the fact that tablet technology is in the ascent, the workplace procedure that is still used to help safeguard office workers from developing back, neck or other muscular skeletal problems is the workstation audit, as recommended in the HSE’s Working with VDUs guidance. Most under 25s would prefer to slump comfortably over a BYOD anyway, and as a result of these less than ergonomic habits , a massive 84 per cent of 18-24 year olds have admitted to suffering some incidence of back pain in the last 12 months, according to new research. More →

More than half of twenty-something UK men would like all male offices, claims survey

boys-clubsAt Insight we report surveys from firms on an almost daily basis. We generally do so without too much comment, trusting that readers are smart or jaded enough to apply their own filters based on whichever company is responsible and the number of people surveyed before dusting them all with a liberal pinch of salt and coming to their own conclusions. Even so, here’s one that may need more seasoning than most. According to a new survey from business supplies company Expert Market, slightly more than half of the UK’s male workers under the age of 30 would like to work in an all male environment, mostly based on the idea that this would mean less flirting, fewer arguments and more work.

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Nearly two thirds of SMEs now trust employees to work flexibly

One of the main arguments against flexible working amongst blue chip organisations – which was well documented following the Yahoo furore earlier this year, is that it is detrimental to fostering a collaborative working culture. Amongst small and medium sized companies, the reasons against are more straightforward, in that it demands a level of trust small business managers can ill afford to bestow unwisely. Now a new survey, carried out among over 200 UK-based SME decision-makers, highlights a growing acceptance of flexible working within these businesses. Well over half (63%) of senior executives say they trust their employees to remain productive when working away from the office, the Citrix-commissioned YouGov survey has shown. More →

More women on UK boards welcomed, but business leaders urged to do more

More women on UK boards welcomed, but business leaders urged to do moreFemale representation on the UK’s top companies’ boards continues to increase according to new figures published today by the Professional Boards Forum (PBF). The statistics show that 19 per cent of directors are now female (up from 17.4% in May) and 24 per cent of board appointments since 1 March 2013 have been women. To meet the target of 25 per cent of board positions being held by women by 2015, as set out in the original report by Lord Davies published in February 2011, FTSE100 companies need to appoint 66 more female directors in the next two years. The news has been welcomed by business leaders and politicians who have resisted efforts by the EU to impose mandatory female quotas. More →

Stress taboo is the elephant in the room in many workplaces

Stress taboo is the elephant in the room in many workplaces

Attitudes towards mental ill health are supposed to be more enlightened these days, but the fact that a large supermarket chain would sanction the sale of a “mental patient” Halloween outfit shows that in business, there is some way to go. The mental health charity Mind, which received an apology and a donation from Asda following the withdrawal of the offending outfit, has published new statistics today which reveals 42 per cent of employees believe that in their workplace, stress and mental ill health is regarded as a sign of weakness or that you can’t cope. 45 per cent of workers said that staff are expected to cope without mentioning stress at work and a third (31%) would not be able to talk openly to their line manager if they felt stressed. More →

Open source talent could rewrite the meaning of the term workforce

Open source talent could rewrite the meaning of the term workforce

The digital revolution has changed the definition of the “workplace”, from a physical building where employees go to perform the tasks for which they get paid – to a more flexible model that allows staff to perform and deliver work from a variety of locations. But the employers’ role, i.e. managing the talent wherever they are based, has remained the same. Not for much longer – suggest analysts from Deloitte in a new paper, The Open Talent Economy, which describes the evolving workforce as a mixture of full-time employees, contractors and freelancers and – increasingly – people with no formal ties to a business at all. What’s more, in the future this “open source talent” will ultimately rewrite what the term “workforce” actually means. More →