FTSE firms on track to meet women on boards target

FTSE firms on track to meet women on boards target

by • News, Workplace

Firms in the FTSE 100 are on track to reach the target of 33 percent of women on boards  by 2020 that was set by the Hampton Alexander Review. In its July update, the organisation reports that 27.5 percent of FTSE 250 board positions now held by women, up from 24.9 percent three years ago.  The figures suggest that if progress matches the same gains made over the last 3 years, then FTSE 100 companies are on track to meet the 2020 target. Just under a third (32.1 percent) of FTSE 100 board positions are now held by women, up from 12.5 percent in 2011. More →

Fears about impact of AI now widespread

Fears about impact of AI now widespread

by • News, Technology

A significant proportion of the global population is concerned about the use of artificial intelligence (AI), with scepticism about its use by business greater than its use by government, a poll published by the World Economic Forum suggests. According to the poll, which surveys the attitudes of over 20,000 people across 27 countries, 41 percent of respondents said that they were worried about the use of AI. This compares to 27 percent that disagreed and 32 percent that were undecided. When asked whether the use of AI by companies should be regulated more strictly than it is today, 48 percent of respondents said they agreed compared to 20 percent that disagreed. More →

More people than ever plan to work past 65 but health fears remain

More people than ever plan to work past 65 but health fears remain

by • News, Wellbeing, Workplace

According to ONS statistics, nearly three quarters (71 percent), or 23 million UK based employees, plan to work beyond the age of 65, but two in five of these (41 percent) – equivalent to 9.5 million workers – are concerned their health will make it difficult to do so, according to new research from Canada Life Group Insurance. Over a quarter (27 percent) of UK employees think their boss views older workers as a ‘hassle’ because of these possible health struggles. This highlights the potential for poor health to act as a barrier to employment and retention of older workers. Employees also believe their boss perceives older workers as stuck in their ways (30 percent) and technologically inept (30 percent). Among the biggest concerns of those intending to work beyond the age of 65 is that they will be treated differently because their boss or colleagues perceive them as being ‘old’. More →

New drive to tackle workplace barriers faced by disabled people

New drive to tackle workplace barriers faced by disabled people

by • Legal news, News, Workplace, Workplace design

Disability in the workplace

The day to day challenges and injustices faced by disabled people in the workplace, at home and in the wider community will be tackled head-on through a new package of measures announced by the UK Government.  Higher accessibility standards for homes and buildings, an overhaul of statutory sick pay, and greater workplace support including the right to request modifications are part of  renewed efforts to ensure disabled people can fully participate in society. More →

Number of firms with wellbeing strategies doubles in three years

Number of firms with wellbeing strategies doubles in three years

by • News, Wellbeing

The number of UK organisations with wellbeing strategies has increased by 130 percent in the last three years, with over two thirds of  employers saying they now have a formal plan in place to support staff. That is according to the Employee Wellbeing Research Report 2019 (free to members) published by the Employee Rewards and Benefits Association in association with AXA PPP Healthcare. The report claims that 68.4 percent of employers have a dedicated wellbeing strategy, suggesting that wellbeing programmes for staff are now an everyday part of business. More →

Bosses overwhelmingly in favour of flexible working

Bosses overwhelmingly in favour of flexible working

by • Flexible working, News

An illustration of a magnet attracting smiling people to work, illustrating conflicting approaches to flexible workingBusinesses that fail to accommodate staff looking to set their own work schedule in some way will struggle to attract and retain talent, claims new research from Vistage. The research suggests that nearly two-thirds (73 percent) of UK CEOs and business leaders believe organisations that fail to offer flexible working to employees will face a struggle to attract talent. More than half (59 percent) of respondents said they’ve already written flexible working options into standard employment contracts. A further 36 percent say it’s either something they’re looking at or would consider in the future. More →

One in four HR teams have no boardroom involvement

One in four HR teams have no boardroom involvement

by • News, Workplace

Many HR departments feel they are being left out of strategic boardroom decisions across the UK, according to research published by Reed HR.  Around one in four HR professionals surveyed  said that their companies did not involve them in key strategic business decisions. In addition, four in five agreed that changing demands for employee benefits has impacted the responsibilities of the HR professional. And, of the 200 HR professionals taking part in the survey, only 10 per cent agreed that technology was having the biggest impact on the industry despite fears about AI replacing jobs. The majority (72 percent) of those asked said Brexit was making an impact on the sector with a quarter (24 percent) saying it was having the most influence. More →

Jobs upheaval as world adapts to era of automation

by • AI, News, Technology

A new report from the Economist Intelligence Unit and UiPath claims that organisations around the world currently making extensive use of automation technologies, with 67 percent of UK business executives claiming to be satisfied satisfied with the results of their automation initiatives, 48 percent describing their organisation’s progress with automation as advanced, and 73 percent expecting their company’s operating costs to improve as a result of automating business processes. It is published on the same day as another report suggests that up to 20 million manufacturing jobs could be lost to robots across the world’s leading economies by 2030, replaced by a range of new jobs. More →

WeWork completes largest office deal in Birmingham this year

WeWork completes largest office deal in Birmingham this year

by • News, Property

Six Brindleyplace, the new home of coworking provider WeWork in BirminghamWeWork has agreed a deal to take over all seven floors of Six Brindleyplace in Birmingham. The deal is the coworking provider’s third in the City this month alone, following deals for 55 Colmore Row and Louisa Ryland House, both in the Colmore Business District in the city centre. The deal for the 97,000 sq. ft. of Six Brindleyplace is believed to be the largest office deal in Birmingham so far this year, bringing its total offering in the city to 200,000 sq. ft.  More →

Tech laggards face extinction unless they innovate

Tech laggards face extinction unless they innovate

by • News, Technology

Many larger businesses are struggling to implement digital transformation in spite of the dangers to their long term survival, a new joint report from CBI and Oracle claims. According to Bigger, Faster, Stronger, the improved adoption of technology could unlock productivity and wage growth. Research shows that more adoption, coupled with better management practices, could add £100 billion to the UK economy and cut income inequality by 5 per cent. However, only 54 per cent of UK companies believe disruptive technologies play an important role in their organisation, much lower than in countries such as France, Germany, India and Russia. More →

WELL Building Institute signs up for UN compact

WELL Building Institute signs up for UN compact

by • Environment, News, Wellbeing, Workplace design

The International WELL Building Institute (IWBI) has signed up to the United Nations Global Compact, the voluntary leadership platform for the development, implementation and disclosure of responsible business practices. The UN Global Compact sets out ten principles on human rights, labour, environment and anti-corruption. IWBI’s WELL Building Standard, a rating system for the creation of buildings and communities that aim to enhance human health and wellbeing, identifies in its standard how each of the Sustainable Development Goals (SDGs) are supported by WELL’s work. To date, over 2,100 projects have registered or certified nearly 400 million square feet of space. More →

Dublin EFMC conference brings together the facilities world

Dublin EFMC conference brings together the facilities world

by • Facilities management, News

The Aviva Stadium in Dublin hosted from 13th to 14th June the 27th Edition of EFMC, the European Facility Management Conference. The event, held for the first time in the Irish capital, has brought together international experts of the FM sector and has served as a platform of communication amongst facilities managers, suppliers, Universities and associations. The event culminated with tours of One Microsoft Place and the offices of Google in the Irish capital. In the closing ceremony it was announced that EFMC 2020 will be held in Barcelona. More →

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