Vast majority of accountants think there’s been a cultural shift in the profession

Vast majority of accountants think there’s been a cultural shift in the profession

Accountant at work cultural shiftSage has released its annual Practice of Now research report, which claims that there is a shifting cultural landscape in the accounting sector driven by evolving client demands and the marketplace. Of the 3,000 accountants surveyed worldwide, 90 percent believe there has been a cultural shift in accountancy as it enters the next decade. This shift is driving significant changes in hiring practices, business services and attitudes toward emerging technologies across the globe. More →

Your company has a culture, whether you have designed one or not

Your company has a culture, whether you have designed one or not

Company culture has been in the spotlight even more than usual recently, with stories continuing to surface about the impact that it is having on businesses. The most recent being Revolut, who were called out on their questionable culture and business practices. The issues were put down to “growing pains” and a lack of budget. The truth is, every company has a culture It’s not the state-of-the-art office, the bean bags or pool table. It boils down to the founding principals and the way business gets done. It is the feel of the work environment and the way people treat each other and your implicit attitudes and behaviours. Ultimately, all of these things are in your hands — if you take it seriously from the beginning.

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Tech workers would quit jobs for better work-life balance

Tech workers would quit jobs for better work-life balance

Tech workers quit jobs for better work-life balanceThe tech sector is facing high departure rates as employees’ complain of work impinging on their home life, coupled with a lack of learning & development opportunities. It’s been estimated that vacancies already outweigh skilled talent in the UK tech industry, where there are an estimated 600,000 vacancies. Yet nearly two-thirds (62 percent) of tech workers say they would quit their job to achieve a better work-life balance. The research from CWJobs of over 1,000 IT workers also discovered that  this is even more important to Gen Z (aged 16-24), where seven in 10 (72 percent) would leave a company if this was compromised.

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Role of AI and automation in recruitment poses a challenge for HR

Role of AI and automation in recruitment poses a challenge for HR

Last week, news emerged that an automated system at Amazon had started firing low performing workers, highlighting the new role of AI and automation in traditional HR practices. Now a new report from the CIPD claims that the use of such systems will have a widespread but mixed impact on jobs. According to the study, the introduction of these new technologies at work will see job opportunities grow, by enhancing roles, employee skills and their pay. However, lack of thought and planning on how people and technology work together is reducing productivity improvements and increasing the risk of people being left behind.

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UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

Only half of UK employees consider their organisations to be effective at creating a positive work environment and only two fifths consider their employer to be effective at creating meaningful work. With 84 percent of workers stating that employee engagement and productivity are linked and 68 percent say their organisations do not measure the correlation between employee engagement and productivity – suggests UK business leaders need to think differently to prevent productivity slumps. The findings are from the Deloitte Human Capital Trends 2019 survey, which tracks the top trends shaping the agenda for HR and business leaders both in the UK and globally. Employee experience, leadership and learning, respectively, led this year’s top 10 UK trends.

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Great expectations at work causing stress and rise in mental ill health

Great expectations at work causing stress and rise in mental ill health

Employees feel expectations at work are playing an integral role in diminishing their mental health a new report suggests, which includes increasing pressures to work outside of office hours, through annual leave and even on sick days. Westfield Health’s inaugural Wellbeing Index, which claims to shine a spotlight on stress, found 61 percent of HR professionals identified mental health related issues as the main reasons for absences within their workforces, with over half (51 percent) noticing an overall increase in sick days. ‘Leavism’ – working outside of contracted hours and on annual leave days – is also prevalent throughout the British workforce, with 67 percent in HR saying it’s a very real issue for them.

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Three quarters of workers want contact banned from the workplace

Three quarters of workers want contact banned from the workplace

Research by  jobs board Totaljobs claims that three quarters of British workers (76 percent) want the amount of physical contact in the workplace reduced, whilst 42 percent go further and call for an outright ban on some interactions, from the workplace kiss (27 percent) to wishing hugs were a thing of the past (15 percent). The research claims that one in three (30 percent) workers experience an awkward greeting at work at least once a month, with those in their twenties experiencing the most.

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UK workplace happiness score has dropped below global average

UK workplace happiness score has dropped below global average

UK workplace happiness score has dropped below global averageThe UK now ranks tenth globally when it comes to happiness in the workplace. Austria (690), Spain (682), United States (719), France (672) and Germany (675) are all above the UK in rating workplace happiness. To date, over 10,000 people globally have taken the free Workplace Happiness Survey by Engaging Works which aims to provide practical and personalised advice to help improve wellbeing at work and to increase productivity and overall happiness within the workplace. The Workplace Happiness Survey asks 26 questions and then delivers a score out of 1000.

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Greater action still needed on workplace adjustments for disabled people

Greater action still needed on workplace adjustments for disabled people

Findings from a new and extensive survey on workplace adjustments will be announced today (25 April) at the Business Disability Forum’s annual conference in London. Based on the views of over 1,200 respondents, The Great Big Workplace Adjustments Survey provides a detailed and up-to-date picture of what is and isn’t working when it comes to making and managing adjustments; how effective  workplace adjustments are, and how far everyone who needs adjustments has them in place. More →

Flexible working seen as top workplace benefit by workers

Flexible working seen as top workplace benefit by workers

A survey of 1,000 UK workers by corporate gift suppliers Adler claims to identify the top benefits workers want to see offered as standard by their employer. Flexible working topped the list with half of respondents (48 percent) saying it should be offered as standard by UK companies.

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Women are less likely to negotiate terms of a job offer than men

Women are less likely to negotiate terms of a job offer than men

A survey commissioned by CV-Library claims that one of the most significant differences between men and women in the workplace is that men are generally less afraid to ask for what they want from an employer. The study of over 1,200 people claims that over half (55.1 percent) of men would negotiate on parts of a job offer, compared to just four in 10 (42.1 percent) women.  The study also claims that the terms women are willing to negotiate on also varies widely. The survey suggests that they are more likely to debate working hours (56.4 percent) than men (40.9 percent), whilst men are more likely to negotiate salary (83.1 percent) than women (73.1 percent). More →

Women make up only a quarter of executive boards at top accountancy firms

Women make up only a quarter of executive boards at top accountancy firms

An online employee referral recruitment platform has analysed data from the top 25 accountancy firms in the UK and claims that women make up just a quarter of the executive boards, however statistics show that women made up 44 percent of full-time accountants in the UK. The research conducted by Real Links also claims that only two of the top 25 firms boards are nearly equal in the gender split and a further six boards were only one third women. Four executive boards had no women on them at all in 2014. More →