Generation Y employees see themselves as risk averse

by • Knowledge, News, Workplace

Gen YThe Generation that put the Y in N-E-E-D-Y is the subject of yet another survey, this time one reporting that its members view themselves as less entrepreneurial and more risk averse than either Generation X (30-49 year olds) and the baby boomer generation (50-69). The survey of nearly 3,000 people by monster.com and Millennial Branding found that just under a third (32%) of Gen Y workers consider themselves to be entrepreneurial, compared to 41% of Gen X staff and 45% of baby boomers. Similarly 28% of Millennial respondents identified themselves as not being averse to risk compared to 40% of Gen X and 43% of boomers.

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Global confusion in managing employee “data deluge”

by • News, Technology, Workplace

employee data

Over a quarter of employers worldwide do not know how their workforce potential is affecting the company’s bottom line. A new report by talent measurement solutions provider SHL suggests HR managers are overwhelmed by the volume of employee data and struggle to elicit meaningful insight that will help drive businesses forward and deliver results. “Our research shows that even though organisations measure employee performance, they have historically focused on efficiency data, like how well an employee is performing versus data that allows them to make a strategic talent decision,” said Ken Lahti, vice president, Product Development and Innovation, SHL.

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Video: ‘We are not as endlessly predictable as you would think’

by • Comment, Workplace

 

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An old one, but still my favourite from the RSA Animate series. It’s always worth reminding ourselves that the issue of motivation is very complex. People are not machines and function within the context of a whirl of emotions, relationships, influences, events, crises, stimuli, personal characteristics and thoughts.  That is why many of our assumptions about motivation are false. One of the presentation’s more important conclusions – that we are purpose maximisers as much as profit maximisers – is supported by the story we published this morning.

Companies must develop a social purpose to survive

by • Environment, Knowledge, News, Technology, Workplace

Research-and-Futures-231x170

Company reputations could collapse in minutes and more firms will develop an explicit ‘social purpose’ according to a new report from Global corporate responsibility consultancy Corporate Citizenship. “Future Business: the four mega trends that every company needs to prepare for” identifies four mega-trends that it says are likely to shape the nature of business over the coming decade. According to the consultancy, over the last year the proportion of S&P 500 companies that report on sustainability performance has grown from one in five to over half and the over the coming decades, it expects at least as much change again.

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Are you working or shirking from home?

by • Comment, Legal news, Technology, Workplace

Staff ill health

During recent weather-related travel disruption, I was inundated with various pieces of information on software that spies on home based employees to check that they really are working, not shirking from home. As Acas opens a consultation on a draft Code of Practice regarding the extended right to request flexible working; and figures from the Office of National Statistics (ONS) show the number of people working from home in the UK has risen to over 10 per cent – the advent of these systems begs the question: do employers really trust their staff enough to let them work remotely?

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Employee burnout commonplace in third of UK companies

by • Legal news, News, Workplace

Burnout

Employee burnout is endemic within a third of UK organisations. According to new research from recruitment specialist Robert Half UK three out of ten (30 per cent) UK HR directors reported high levels of employee burnout, which rises to more than a third (35 per cent) for those in London and the South East and publicly listed companies. Two thirds (67 per cent) of UK HR directors cite “workload” as the primary reason for employee burnout, although this figure rises to three quarters (75 per cent) for large and 73 per cent for public sector companies. More →

Yahoo is not the only firm that doesn’t like flexible working

by • Comment, Facilities management, Technology, Workplace, Workplace design

Yahoo! Sunnyvale headquarters. October 28, 2001 (Y! Photo / Brian McGuiness)As news emerged over the weekend from Silicon Valley that Yahoo had introduced a new policy that insisted employees work from the company’s HQ, a survey from O2 in the UK highlighted just how many firms are not as keen on the practice of flexible working as they might claim in theory. The question we need to ask is whether this represents a genuine shift away from the assumption that we are moving towards more agile working practices, or is this just the last knockings of the old guard?

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Companies failing to communicate flexible working policies

by • News, Technology, Workplace

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Less than one fifth of staff are being encouraged to work flexibly, with businesses failing to reap the rewards of increased productivity and employee well-being resulting from modern work practices and technology. New research by O2 reveals that whilst staff are ready to embrace new ways of working and understand the benefits, it is employers who are holding them back. More than three quarters (77 per cent) of employers say that flexible working is actively encouraged across their organisation but less than a fifth (19 per cent) of staff say their company encourages them to work flexibly. More →

UK employment rises but pay rates are squeezed

by • News, Workplace

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” More →

Flexible working bolstering employment growth in UK

by • News, Workplace

Jobs

Employment will continue to grow in the first quarter of 2013, despite stalled economic growth. According to the latest Chartered Institute of Personnel and Development (CIPD)/SuccessFactors Labour Market Outlook the proportion of employers that intend to increase total staffing levels remains positive for the first quarter of 2013. Gerwyn Davies, Labour Market Adviser at the CIPD, said: “While muted pay growth is playing a part, we also see continued evidence that employers are reluctant to lay-off skilled workers.” He added: “Some employers are clearly using flexible working and reduced hours to adapt to trading conditions.” More →

Change of ways needed to tackle ailing UK workforce

by • News, Workplace

Staff ill health

The best way of tackling ill health is to stop workers from getting ill in the first place, suggests new guidance from the TUC. It may seem as if the union is stating the obvious, until you reflect on the news, reported exclusively by HR magazine earlier this week that the UK was among the 10 worst performing countries for employee wellbeing last year, according to the Workforce Quality of Life Index (WQLI) report  by Kenex, which measures wellbeing from the employee’s perspective. Now the TUC report, Work and well-being, provides evidence that employers who create healthy workplaces can reduce employee absence and boost productivity. More →

Flexible working seen as of more benefit to employers than staff

by • Knowledge, Legal news, News, Technology, Workplace

Flexible working

Nine in ten UK professionals think that flexible working will become the dominant employment model – but half think it will be adopted for business reasons rather than to benefit the workforce. According to research from specialist HR recruiter Ortus, just one in ten professionals (12 per cent) actually deem flexible working to be a vital benefit – lower than the proportion who said a free company mobile phone is vital to them. And just 1 in 10 said they thought it was being implemented to help with gender equality. In the survey conducted among 450 professionals across a variety of sectors, 51 one per cent felt the reason behind the growth of flexible working is efficiency and productivity – not to help people manage the number of hours they work. More →

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