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Self-employed workers and side hustlers to drive the UK’s economic recovery
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Self-employed workers and side hustlers to drive the UK’s economic recovery

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self-employedResearch released by Mettle and YouGov estimates that the UK’s growing self-employed and side hustler movement will contribute an estimated £125 billion in turnover to the UK’s economic recovery in 2021. Furthermore, small and medium-sized businesses (with 1-49 employees) are estimated to contribute approximately £310.46 billion. (more…)

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AI fosters a happier and more productive workforce, research claims
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AI fosters a happier and more productive workforce, research claims

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AIBusinesses using artificial intelligence (AI) solutions benefit from a happier and more efficient workforce, claims new research from Fountech Solutions. A survey of more than 750 decision-makers within UK businesses highlights the employee and organisational benefits of deploying artificial intelligence (AI) solutions. (more…)

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Four new companies join WorldGBC’s Net Zero Carbon Buildings Commitment
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Four new companies join WorldGBC’s Net Zero Carbon Buildings Commitment

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Net Zero CarbonWorldGBC has announced four new companies as signatories to its Net Zero Carbon Buildings Commitment (the Commitment), signalling global industry leadership to decarbonise the built environment and combat climate change. The Commitment now has a total of 132 signatories, with 98 businesses & organisations, 28 cities and six states & regions. The businesses and organisations signed up to the Commitment now account for over 5 million (tCO2e) of portfolio emissions. (more…)

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Learning by observation reduces cognitive bias, research suggests
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Learning by observation reduces cognitive bias, research suggests

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Research from the Business School (formerly Cass) suggests that observing others’ decision-making can teach people to make better decisions themselves. The study, co-authored by Professor Irene Scopelliti, Professor of Marketing and Behavioural Science, tested the effectiveness of a new debiasing learning strategy and claims the first evidence that watching others make decisions can improve our own decision making. (more…)

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Hybrid working is the new expectation of pressured employees
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Hybrid working is the new expectation of pressured employees

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The past twelve months have proved to be a watershed year fohybridr workplace digital transformation and the urgent shift to remote working has seen the world experience two years of digital transformation in two months. New research from Microsoft Surface claims to examine the impact of this transformation on the UK workforce, suggesting that employees are happier, but under more pressure working from home – despite almost 9 out of 10 (87 percent) of employees reporting their businesses have adapted to ‘hybrid working’. (more…)

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More than half of UK workers planning to take on a side hustle
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More than half of UK workers planning to take on a side hustle

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workersOver half (54 percent) of UK workers say they are more open to taking on a side hustle or freelance work since the Covid-19 pandemic, according to new research from Fiverr. Over 2 in 5 (44 percent) agree they are more open to it, due to the flexibility that working from home has given them. (more…)

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Investment in digital technology set to deliver £232bn boost to UK economy by 2040
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Investment in digital technology set to deliver £232bn boost to UK economy by 2040

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economyInvestment in digital technology is set to increase UK GDP by £232bn (6.9 percent) in 2040, according to a new study by Virgin Media Business and the Centre for Economics and Business Research (CEBR). The research, which examines how more digital ways of working can support the UK’s economic recovery from Covid-19, claims investment in technology could boost the economy by £74bn in 2025. (more…)

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The best places to live for work-life balance
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The best places to live for work-life balance

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work-life balanceAs Brits continue to spend an extensive amount of time at home, the importance of maintaining a good work-life balance has never been so vital. For their 2021 Work-Life Balance Index, money.co.uk have delved through ONS data to uncover where in Britain is best situated for its residents to achieve a good work-life balance. (more…)

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Mental health related workplace absenteeism costs soared to £14bn in 2020
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Mental health related workplace absenteeism costs soared to £14bn in 2020

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mental healthThe impact of the nation’s deteriorating mental health from Covid-19 lockdowns and other restrictions cost UK businesses £14bn last year, according to a study by Westfield Health. The cost of absenteeism from work due to mental health reasons increased last year by £1.3bn from 2019’s totals as work from home, travel restrictions, furlough and pay cuts changed the workplace for millions of people across the UK. (more…)

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Firms split furniture budgets between home and office
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Firms split furniture budgets between home and office

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home officeAs lockdown looks set to be extended until mid-March and many business professionals continue to work remotely, a new study by lighting supplier Ultra LEDs claims that only now are workers investing in their home office as they plan for the future. (more…)

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LGBT+ workers experience higher levels of conflict at work
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LGBT+ workers experience higher levels of conflict at work

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LGBT+The CIPD has launched a new research report ‘Inclusion at work: Perspectives on LGBT+ working lives’ to highlight how LGBT+ workers tend to have a more negative experience of work. (more…)

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Flexibility and reskilling top priorities for UK employers in 2021
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Flexibility and reskilling top priorities for UK employers in 2021

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flexibilityThe COVID-19 pandemic is driving a fundamental shift in the way companies operate, accelerating the need for an adaptable and agile workforce to drive business success. According to Mercer’s 2021 Global Talent Trends study, the financial impact and work-life disruption caused by the pandemic is causing UK employers to focus on redefining flexibility and skills development to ensure their business and employees become more resilient and agile in the face of disruption.

(more…)

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