Working ‘proper hours’ may no longer be possible

I'm alright JackToday is the Trades Union Congress’s self-styled ‘Work Your Proper Hours Day’. Last week the TUC announced that it had used Government statistics to calculate that more than 5 million UK employees put in an average of over 7 hours of unpaid overtime a week, adding around £28 billion a year to the economy. Like me, you might be surprised the figures are that low and certainly I think a lot of people would be delighted to only put in an extra 7 hours a week. You might also be dismayed the TUC is advocating workers add less of their time into the economy by clocking off on time today. However, the bigger problem is surely with the language and ideas put forward by the TUC.

More →

Job dissatisfaction highest amongst Gen Y workers

Gen YHot on the heels of the news this week that generation Y workers are more risk averse than older employees, it seems they’re also more dissatisfied with their jobs than other age groups. A new survey by Office Angels shows that over a quarter (27 per cent) of 25-34 year olds are unhappy in their current job, compared to just a fifth (20 per cent) of those aged over 55. This backs up the Monster.com survey, which found more than half of Gen Y employees (55 per cent) see their current employer as a mere stopping off point in their career path.

More →

Survey finds global support for wellness initiatives

Working well

Wellness programs are no longer a “soft” issue for organisations around the globe with employers increasingly recognising the value of employees’ health and well-being to their organisations’ bottom line. According to the latest report from Buck Consultants, global employers – regardless of location, identify improving worker productivity and reducing presenteeism as one of their top wellness objectives. Wellness initiatives also continue to add value over time and while significant results can take years to realize, the survey shows how the impact of wellness programs differs by short-term and long-term payoff.

More →

UK centralised public sector purchasing – still work to do

Whitehall,_LondonThe National Audit Office today publishes its report  Improving Government Procurement. The mainstream media will doubtless stay focussed on the headline examples of ‘waste’, especially in high-spending and high-profile departments such as the MOD and NHS. But for the public sector and its suppliers there is more to be concerned about in one of the main conclusions of the report; that less than half of public sector spending in the UK is carried out across departments to take advantage of economies of scale. That this is the case has long been a source of frustration for those suppliers signed up to framework agreements who find that things aren’t as clear cut as they believe when it comes to purchasing decisions.

More →

Generation Y employees see themselves as risk averse

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.

More →

Psychrometry is key to holistic energy efficiency

KS20 Psychrometry

A holistic energy efficiency strategy is needed to ensure a balance between efforts to make buildings more airtight and the need to increase ventilation. This is why an understanding of psychrometry is an increasingly important issue for the built environment. Psychrometry is used to prevent environments being created which are detrimental to health, either through too dry an atmosphere or conditions where damp and mould can flourish says the Chartered Institution of Building Services Engineers (CIBSE) which has issued new guidance.

More →

UAE’s infrastructure investment drives rapid construction sector growth

Abu DhabiThe full impact of high levels of government spending as well as private sector and foreign investment in infrastructure and development in the Gulf is evident in a new report from analysts RNCOS which claims that the construction sector in the United Arab Emirates (UAE) is set to grow from its current size of $39.4bn at the end of 2012 by a compound rate of 9.5% a year until 2016. The report breaks the market down into four major areas of development; retail, residential, office and hospitality. The follow on effects for firms offering products and services will, of course, also be substantial.

Companies must develop a social purpose to survive

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.

More →

“Groundbreaking” guidance on drivers for social change

Network for business sustainability

Businesses can play a key role in driving social change according to a groundbreaking new report. Whether through product labelling, supply chain management, employee volunteerism and partnerships with non-government organisations (NGOs), companies have the power to help people get active, eat healthy foods, use less energy and live more sustainable lives. Now a new guide based on a review of 123 studies from the last 20 years, released by the Network for Business Sustainability (NBS) provides the evidence for any business interested in cause marketing, social innovation or responsible consumption. More →

Greenbiz publishes latest State of Green Business report

Green Biz_0000Greenbiz has published its sixth annual State of Green Business report, setting out what it claims are the ten key environmental trends for organisations to look out for in 2013. Many focus on the overlap between pure business goals and corporate social responsibility, for example in terms of managing supply chains to reduce risk, making more efficient use of resources, the impact of new technology and working practices and the role of creating value through a healthy working environment.

Survey reveals UK’s total obsession with technology

Square EyesGen Y may still be grabbing all the headlines but the full scale of the potential technological immersion of Gen Z is evident in the findings of a new report from Halifax Insurance. The Digital Home Index claims that the average child born in the UK today will spend around a quarter of their lives watching non-work related technology before the age of 80. The report also claims that three quarters of British people already claim they would struggle to get through a day without their technology. The full pervasiveness of smartphone, tablet, laptop and MP3 technology in modern British lives is apparent in some of the more jaw-dropping findings from the survey of 2,500 people.

More →

London’s West End confirmed as world’s most expensive office location

C4G1T6A new report from Cushman and Wakefield has confirmed the results of an earlier study from DTZ that London’s West End is the world’s most expensive office location. According to the property services firm the West End has overtaken Hong Kong’s central business district for the first time since 2008 because of rent increases of 2 per cent fuelled by a shortage of appropriate space. According to the report occupiers now pay as much as £169 per square foot to occupy the best West End office space including rent, service charges and taxes. rents went up around the world by an average of 3 per cent, driven by rapidly growing markets, especially in South America.