November 8, 2019

Brexit continues to affect jobs market in UK, despite latest delay

Although the stuttering resolution of the Brexit issue has had a mixed impact on the economy so far, a new study claims that the effects can be discerned in the jobs market. The number of vacancies has dropped below 1 million for the first time in over four years, after losing a total of 132,201 jobs in the past 12 months according to the latest research from job search engine Adzuna.co.uk. The Energy, Oil and Gas industry has seen just over a third of jobs wiped from the job market in the past 12 months as Brexit uncertainty continues to unsettle the job market. Domestic work has seen an equal number of jobs lost in the past 12 months (34 percent). More →

November 8, 2019

Lack of leadership stifles workplace creativity

by Neil Franklin • News

The UK’s workforces are being creatively stifled because of high pressure and a lack of leadership skills, a new study claims. A study of 1,000 workplaces published in Thinking On Your Feet, a report by the commercial arm of the Royal Academy of Dramatic Art, RADA Business, has found that almost half (41 percent) of UK workplaces implement practises that have a detrimental effect on employee empowerment and their ability to think creatively. The study also reveals that 75 percent of workplaces lack the right environment to enable improvisation to thrive, leaving workers feeling unsupported and stressed. More →

November 7, 2019

More active lifestyles would have far reaching economic impact

by Neil Franklin • News, Wellbeing

The results of a new academic study on the relationship between global economic growth and physical activity, carried out by Vitality and RAND Europe, reveal significant benefits to the economy and life expectancy if people adopted a more active lifestyle. The study suggests that the world’s GDP would gain more than $100bn (£80bn) each year until 2050 if people adopted a more active daily routine that could involve simple choices such as walking 15 minutes more a day, jogging slowly for half a mile a day, or walking 1,500 extra steps a day. More →

November 7, 2019

Short term spike in absence rates but long term trend remains downward

by Neil Franklin • News, Wellbeing, Workplace

Absence rates dues to illness or injury for UK workers rose by 7 percent in 2018 to an average of 4.4 working days according to new figures, published by the Office for National Statistics. During the full year, people took 141.4 million sick days compared with 131.5 million in 2017, when the figure reached its lowest since records began. The long term trend remains positive despite last year’s spike.The rate of absence from work due to sickness in people in the UK with no long-term health problems has halved in the past two decades according to the government data. More →

November 7, 2019

Real estate set to remain an attractive investment despite challenging environment

by Neil Franklin • Cities, News, Property

Europe’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. More →

November 6, 2019

Open plan offices might improve performance of high status workers

by Neil Franklin • Flexible working, News, Workplace design

Managers may believe their star performers don’t need monitoring when working on a team and may reason that leaving the most high status workers alone in their efforts frees up more time to work closely with other team members. But research coauthored by Sebastien Brion of IESE Business School and published in Management Science Journal claims that this may be a mistake and so counterproductive and that the performance of high status workers might improve with greater visibility including that offered by open plan offices. More →

November 6, 2019

People game hiring processes they know are carried out by an AI

by Jayne Smith • AI, News, Workplace

New research into job-seeker attitudes to digitisation, automation and AI in the recruitment process claims to reveal how job-seekers are cheating recruitment technology platforms, to better their chances of landing a job. Seven in ten (67 percent) job seekers admitted to deliberately using optimisation strategies to improve their chances of getting a job. The study, Hiring Humans vs. Recruitment Robots, from recruitment software provider TribePad canvassed the views of over 1,000 employees and job seekers in the UK. The report’s key claim is that, as technology continues to permeate the recruitment and HR industry, job-seekers are looking for ways to game the systems. More →

November 6, 2019

Cyber security remains a key tech priority for businesses

by Neil Franklin • News, Technology

Organisations are prioritising investment in cyber security to strengthen their defences against their perceptions of a growing threat, according to a new survey of its customers to gauge their technological priorities by Softcat. According to a BBC report, 55 percent of UK firms have experienced a cyber-attack in 2019, up 15 percent compared to last year, signifying a growing threat so their fears may be well-founded. Softcat’s survey claims that 83 percent of industries ranking cyber security as their biggest technology priority for the year ahead. More →

November 6, 2019

Over half of employers are ignorant of the Good Work Plan

by Neil Franklin • Legal news, News

In five months’ time, employers will have to adhere to new employment laws proposed in the government’s Good Work Plan. However, the majority of UK businesses are completely unaware that these laws are due to come into effect. A survey by Citation, conducted via OnePoll, has found that 59 percent of British employers do not even know about the Good Work Plan, which proposes a variety of law changes that will come into effect in April 2020. More →

November 5, 2019

World Economic Forum announces major circular economy initiative

by Mark Eltringham • Environment, News

The World Economic Forum is creating a new partnership which it claims will harness the potential of technology innovation and smart policy to fast-track the circular economy. WEF claims that SCALE 360 will collaborate with government, business, civil society and entrepreneurs around the world to find bright new ideas that will help us cut the waste in the world’s economies. It defines a circular economy as a regenerative approach to production and consumption, in which products and materials are redesigned, recovered and reused to reduce environmental impacts. Research shows that this transition could generate $4.5 trillion in additional economic output by 2030. More →

November 5, 2019

HR leaders feel unprepared for the future of work

by Neil Franklin • News, Technology, Workplace

Only 9 percent of chief human resources officers (CHROs) agree that their organisation is prepared for the future of work, according to a new report from Gartner. The study ties in to Gartner Gartner ReimagineHR conference, which took place last week. It concludes that to address the needs of organisations and workers in the future, HR leaders must focus on five areas of work. It suggests that tackling the future of work should not mean looking at the various changing aspects of work, such as AI, the gig economy and the multigenerational workforce, in silos. Istead, HR leaders should focus on the big picture of what the future of work can and should look like in their organisation. More →

November 5, 2019

Four-fifths of British employees continue to work when sick

by Abi Eskdale • News, Wellbeing

A new study conducted by Love Energy Savings claims that more than 80 percent of British employees still continue to work when they are ill or sick. Love Energy Savings investigated which groups were most likely to continue to work when ill, with less than one-fifth of British workers (17 percent) admitting to taking sick days when they’re ill. And there is a widening margin when it comes to age groups.