Almost a quarter of Millennials are unhappy in their current work situation

Almost a quarter of Millennials are unhappy in their current work situation

by • Flexible working, News, Workplace

Almost a quarter of Millennials are unhappy in their current work situation

A majority (85 percent) of 18-34 year olds feel they are not putting their professional ambitions into practice and almost a quarter are unhappy at work, claims a new survey of Millennials by one of the UK’s largest independent higher education institutions, GSM London. By 2020, millennials will make up 35 percent of the global workforce, but despite being the generation told that they can have it all, nearly a third (32 percent) of those surveyed described their work as a ‘means to an end’, with 64 percent describing themselves as having just a ‘job’ rather than a meaningful ‘career’.  However, when it comes to pursuing a more meaningful career path, a quarter of respondents cited the pressure of uncertainty (25 percent), disruption to lifestyle (24 percent) and lack of confidence (22 percent) as the main barriers stopping them from fulfilling their goals.

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Ethnic diversity in FTSE 100 leadership pipeline improves for first time in four years

Ethnic diversity in FTSE 100 leadership pipeline improves for first time in four years

by • News, Workplace

A new study from recruitment consultancy Green Park claims that the leadership pipeline, supplying the highest tier of management in FTSE 100 companies now includes the highest level of ethnic minority talent for four years. According to the study, progress is being made with ethnic minorities moving up the management funnel, though at five percent of those in the pipeline it still is not a fair representation of British society. While the pipeline is improving there remains a question over whether minorities can break through the glass ceiling, as the top roles in companies remain a closed shop for ethnic minority and female leaders. There has been a decrease of 18 percent in the number of ethnic minorities holding positions at Chair, CEO and CFO level in FTSE 100 companies.  Almost six in 10 (58 percent) main boards in the FTSE100 currently have no ethnic minority presence. This is a slight improvement on the 62 companies that recorded all-white main boards in last year’s report. Yet it calls into question whether the target set in Sir John Parker’s consultation document that no FTSE board should remain mono-racial by 2020 will be met.

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Millennials less likely to work remotely as they feel prohibited from working flexibly

Millennials less likely to work remotely as they feel prohibited from working flexibly

by • Flexible working, News, Workplace

There is growing sentiment among younger workers that flexible working is less a right – as outlined by the Government in 2014 – and more a ‘selective benefit’ for a choice group of employees. New research by Michael Page claims that two thirds (67 percent) of millennials believe employees with families are more encouraged to work flexibly than their single colleagues, and 6 in 10 (61 percent) feel the same flexible working privilege appears to apply more to senior co-workers, with junior team members more often discouraged from flexible working initiatives. Nearly half (43 percent) say it is a benefit reserved for management and senior leadership only. As a result, more than 8 in 10 (84 percent) office based millennial employees do not work from home in an average working week – with 82 percent of those saying they are not able or allowed to. This is despite the fact that three quarters (76 percent) of UK office workers confirm that their employer offers flexible working options.

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Job vacancies are on the rise, but pay and productivity remains stagnant

Job vacancies are on the rise, but pay and productivity remains stagnant

by • Legal news, News, Workplace

Job vacancies are on the rise but pay and productivity remains stagnantUK employment is predicted to grow strongly in the third quarter of 2017, but wage growth is likely to remain weak, according to the latest CIPD/The Adecco Group Labour Market Outlook. Although the UK labour market remains buoyant, basic pay award expectations for the next 12 months remain at just 1 percent. Put against the backdrop of poor productivity growth, the report points to an increase in labour supply over the past year as a key factor behind the modest pay projection. This is driven by relatively sharp increases in the number of non-UK nationals from the EU, ex-welfare claimants and 50-64 year olds. This increase in labour supply may explain why the jobs market remains challenging for some jobseekers, especially those seeking lower-skilled jobs. Employers report a median number of 24 applicants for the last low-skilled vacancy they tried to fill, compared with 19 candidates for the last medium-skilled vacancy and eight applicants for the last high-skilled vacancy they were seeking to fill. Overall, employers felt that around half of applicants were suitable for each role they were trying to fill.

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Reducing the risk of personal gambling becoming a corporate fraud issue

Reducing the risk of personal gambling becoming a corporate fraud issue

by • Comment, Workplace

A recently leaked confidential report for the betting industry says that, if introduced, the new rules to encourage responsible gambling in the UK would lead to closure of half of the country’s bookmakers and the loss of around 20,000 jobs. The report follows widespread concerns about the controversial use, and misuse, of Fixed Odds Betting Terminals (FOBTs) in betting shops which, have been shown to be one of the major causes for problem gambling behaviour (due to their addictive play). They allow customers to place wagers as high as £100 every twenty seconds. With gambling becoming ever more accessible through the spread of FOBTs, the growing number of online betting platforms and access to casinos on the high street, the pressure of funding a gambling habit has become one of the main reasons why people commit corporate fraud.

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Could a four-day week help improve UK productivity?

Could a four-day week help improve UK productivity?

by • Facilities management, Flexible working, News, Workplace

Over half (61 percent) of office workers believe they’d improve their performance levels if they worked a four-day week; and 40 percent believe they would be more productive working remotely. This is according to new research which claims that UK productivity has fallen dramatically, with one in three (31 percent) office workers admitting they are unproductive for a huge two hours every day. The report, commissioned by office products firm Fellowes, argues that despite being the fifth largest economy in the world, the UK sits 15th in the productivity table, lagging behind the likes of Sweden (31 hours p/w), Denmark (27.2 hours p/w) and Norway (27.3 p/w) – who all work, on average, less hours per week than Brits (32 hours p/w). As a third of workers are essentially working a six-hour day, many believe it’s time to look towards Scandinavian countries like Sweden – who recently trialled a 6-hour working day – where employees have more flexibility to choose when and where they work.  More →

Over a quarter of employers are struggling to keep their workforce engaged

Over a quarter of employers are struggling to keep their workforce engaged

by • Facilities management, Flexible working, News, Wellbeing, Workplace

Nearly one in three (28 percent) of employers are struggling to keep their employees engaged, claims new research from totaljobs, with staff spending too much time internet browsing, being constantly late and chatting with colleagues. Over half of employers said lower productivity (59 percent) and internet browsing (55 percent) were clear signs of lower engagement they were seeing in the workplace. Worryingly, 62 percent said poor performance was a common problem as a result of a lack of engagement. Almost half (48 percent) of employers also report disengaged employees continue to arrive late and leave early, while 41 percent said chatting with colleagues suggested a lack of workplace engagement. The same number again said taking too many breaks during work hours might also indicate disengagement, as well as employees appearing distracted. But when it comes to tackling a lack of employee engagement, one in two employers (51 percent) said clear communication, via email, newsletters and team meetings for example, was an effective strategy to improve engagement. Nearly half (46 percent) of employers said setting out clear objectives for both individuals and teams was also effective.

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New analysis reveals shrinking pool of younger workers in the UK workforce

New analysis reveals shrinking pool of younger workers in the UK workforce

by • Legal news, News, Workplace

New analysis reveals shrinking pool of younger workers in the UK workforceAn increase in the number of UK-born employees leaving the UK’s workforce, either through retirement or emigration is coinciding with a shrinking pool of younger workers, which a fall in immigration can no longer fill, a new report warns. An analysis of the UK’s workforce showed that the UK’s workforce grew in 2016-2017 only because of an increase in EU and non-EU workers. Mercer’s Workforce Monitor showed that retirement, opting out (i.e. due to caring responsibilities) or emigration saw around 143,000 UK-born employees leave the UK workforce with the loss of workers only being offset by the entry of around 147,000 EU-born workers and around 232,000 Non-EU workers.  In sum, the UK’s workforce grew by an estimated 234,000 over 2016-2017. From Q1 2016 to Q1 2017, the number of workers over 50 in the UK economy grew by 230,000, the under 35’s grew by 50,000 while the number of workers aged 35-49 shrunk by 48,000. According to the analysis, if net migration into the UK levels off at 100,000 per year from 2020, the number of under 50s in the workforce will fall by 200,000 by 2025; the over 50s would increase by over 1 million while the number of under-25s in the population would fall by 100,000. This means apprentices and graduates numbers will be less.

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Workplace menopause study claims women need more support from employers

Workplace menopause study claims women need more support from employers

by • Flexible working, Wellbeing, Workplace

A new report from the UK Government and University of Leicester has called for menopause-friendly workplaces and culture change programmes. In what the authors claims is the most comprehensive study of its kind, the report claims that ‘many women tend to feel that they need to cope alone’ – because of ‘a reluctance to speak up at work’. The report ‘The effects of menopause transition on women’s economic participation in the UK’ was funded by the Government’s Equalities Office. The research, published by the Department for Education, was carried out by Joanna Brewis, Andrea Davies and Jesse Matheson of the University of Leicester School of Business and Vanessa Beck of the University of Bristol School of Economics, Finance and Management.

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People change the way they speak based on the status of the person to whom they are talking

People change the way they speak based on the status of the person to whom they are talking

by • News, Workplace

Ever wondered why people change the way they speak in certain situations? The answers might be found in piece of research carried out by academics at the University of Stirling. It found that people tend to change the pitch of their voice depending on to whom they are talking and how dominant they feel in a particular context. The research, published in the journal PLOS ONE, put participants through a simulated job interview and discovered that individuals’ vocal characteristics are altered in response to people of different social status. Regardless of self-perceived social status, people tend to talk to those they consider high status individuals using a higher pitch.

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Millennials email habits are at unhealthy levels, resulting in round the clock stress

Millennials email habits are at unhealthy levels, resulting in round the clock stress

by • News, Technology, Wellbeing, Workplace

Round the clock emailing by Millennials

Email overload amongst under-35s has reached unhealthy levels, a new survey claims, with 42 percent saying they would feel stressed if they were not able to access their emails, compared with a fifth (22 percent) of employees aged between 45-54 years old. According to new research from Bupa it’s now the norm for younger workers to constantly dip into work via email in the early morning and late evening. Although many businesses have taken steps to help ensure their employees have a good work-life balance, it is clear that the idea that the best way to progress is to be available around the clock persists amongst millennials. A fifth (22 percent) of millennials believe that they would be viewed as uncommitted to their job if they did not respond to emails outside of work hours. A third (33 percent) believe that their career progression could be impacted if they only respond to work emails in work time, compared with less than 10 percent of employees over 55 years old.

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Three in five of UK employees with a disability have experienced bias from employers

Three in five of UK employees with a disability have experienced bias from employers

by • Legal news, News, Wellbeing, Workplace

Three in five of disabled workers have experienced bias from employers

Over half (51 percent) of people with a physical disability say that they had taken pains to hide their condition from employers when applying for a job, with that figure increasing to 60 percent when it came to those suffering from a mental health issue, a new survey has claimed. The reason, suggests the research from Badenoch & Clark – is that three in five (60 percent) UK employees with a disability have experienced bias in the workplace, in comparison to just 35 percent of those without a disability. Worryingly, the report, ‘Inspiring Inclusion in the Workplace’, also found that two thirds of those with a mental disability (65 percent), and 45 percent of those with a physical disability believe that their organisation does not offer an inclusive environment. Unsurprisingly then, the research further revealed that around half (48 percent) of disabled candidates have either left a job or not applied for a role or promotion due to workplace bias, in comparison with just one in five (20 percent) of those without a disability.

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