Larger businesses far more stressful to work for than smaller firms

Larger businesses far more stressful to work for than smaller firms

Larger businesses far more stressful to work for than smaller firmsWe reported yesterday that younger job seekers who favour corporates could be missing out on greater opportunities within smaller organisations, and now new research suggests that despite margins often being tighter and tensions or losses often being felt more keenly in smaller businesses, the level of occupational stress workers feel directly correlates to the size of the company they are in. Micro businesses employing a maximum of four members of staff were less likely than those in businesses of any other size to feel work-related stress, with 45 percent of employees reporting this to the Perkbox 2018 UK Workplace Stress Report. This figure increases to 57 percent for small businesses (5 – 50 staff) and again to 62 percent for small to medium sized organisations (51 – 500 employees).  Finally, workers at larger sized businesses – those with more than 500 members of staff – report the greatest instances of staff experiencing workplace stress (65 percent).

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Younger workers risk missing out on career opportunities by shunning SMEs

Younger workers risk missing out on career opportunities by shunning SMEs

Younger workers risk missing out on career opportunities by ignoring SMEsYoung people leaving education and looking for work may be missing out on potential employment opportunities by failing to consider Small and Medium Enterprises (SMEs) and the advantages they offer, new research from Santander UK claims. ‘Gen Z’ and Millennials do not believe SMEs offer the same job security or salary as large businesses, meaning just a third (35 percent) of young people leaving education in 2018 want to work for smaller employer, and an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business. The most popular career aspirations for Generation Z and Millennials are to work for a large firm (51 percent), the public sector (51 percent) or a global multinational (49 percent), because of a perceived lack of job security (56 percent). There is also the belief that SMEs offer a lower salary (46 percent) and fewer opportunities for progression than large companies (33 percent). Yet the majority (70 percent) of SMEs are actively recruiting for entry level roles, whether that be graduates (43 percent), further education leavers (36 percent) or school leavers (35 percent).

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London pledge to make all new buildings operate at net zero carbon by 2030

London pledge to make all new buildings operate at net zero carbon by 2030

London pledges to make all new buildings zero carbon by 2030London has joined 18 other cities around the world, including Paris, New York and Tokyo, in a landmark commitment to make all new buildings operate at net zero carbon by 2030. Regulations and planning policy will also target existing buildings to make them net-zero carbon by 2050. Net zero carbon buildings are buildings which reduce all energy use as far as technically possible, with remaining demand met through renewables. The commitment has been orchestrated by C40 cities, a global group of major cities committed to delivering on the most ambitious goals of the Paris Agreement at the local level. As city authorities do not have direct control over all the buildings in their area, the commitment includes a pledge to work together with the private sector as well as state and regional governments to drive the transformation. This pledge from cities is part of the World Green Building Council’s Net Zero Carbon Buildings Commitment for businesses, cities, states and regions.

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Senior managers unaware of high levels of employee mistrust

Senior managers unaware of high levels of employee mistrust

High levels of employee mistrust towards senior UK management warns reportThe new corporate governance code that comes into play early next year includes directives on how companies engage with their staff, but it is a voluntary code which will allow businesses to opt out if they wish. Now a new report suggests there is currently is a high level of mistrust towards senior UK managers, with just 16 percent trusting this group, according to the study. This is despite the fact that according to the research, carried out by Virtual College the majority (95 percent) of senior managers in UK businesses believe that their employees trust them. Employees rated their trust in different roles in the following order; co-workers – 57 percent, managers – 45 percent, team members – 42 percent and senior management – 16 percent. Trust in senior management was found to be considerably lower than trust in other positions such as middle management. The sectors that trusted senior management the least included; utilities (3 percent), legal (8 percent) and government services (8.7 percent).

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More flexibility needed to attract non EU migrants, as UK faces skills shortage

More flexibility needed to attract non EU migrants, as UK faces skills shortage

The CIPD is calling on the government to ease restriction on immigrants from non EU countries, in the wake of the publication of new official figures which show how the number of EU citizens moving to the UK has decreased over the last year. Earlier this month, the CBI issued a similar plea as fears mount over the impact of Brexit on the UK’s skills base.

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Major tech companies continue to acquire new London offices, despite Brexit concerns

Major tech companies continue to acquire new London offices, despite Brexit concerns

Major tech firms continue to acquire large London offices, despite Brexit concernsThe repercussions of a no-deal Brexit are being hotly debated but there are some indications that it’s yet to impact the Capital’s commercial property sector. A number of leading tech and creative companies have continued to acquire large volumes of office space across London. According to figures from CBRE, take-up of Central London office space stood at 1.2m sq ft in July 2018, above the 10-year monthly average of 1.0m sq ft. The increase in July was largely down to two Facebook deals at 11/21 Canal Reach, N1 and Building P2 Handyside Street, N1, where in total 600,600 sq ft of office space has been filled. The creative industries sector led July take-up at 679,400 sq ft, representing 61 percent of the space taken; with the business services sector acquiring 17 percent of space, with 133,200 sq ft going to flexible office providers. In the past 12-months, business services has been the principal sector, accounting for 31 percent of take-up ahead of the creative industries (25 percent) and banking and finance sector (16 percent).

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Majority of staff check emails on holiday, even if bosses don’t care if they keep in touch

Majority of staff check emails on holiday, even if bosses don’t care if they keep in touch

Majority of employees check emails while on holiday despite bosses not caring if they doThe majority of UK employees check their work emails while on holiday despite the fact that their employers do not want or expect them to keep in touch, new YouGov research has revealed. It seems the majority (60 percent) of those who use email for work check their inboxes while on holiday. One in four (25 percent) check ‘very often’, one in five (19 percent) check ‘sometimes’, and one in six (16 percent) check ‘rarely’. Just four in ten (40 percent) say they never look at their emails. This is despite the fact that eight in ten workers (80 percent) would prefer to ‘completely switch off’ when they’re on holiday, rather than stay on top of what’s going on in the office. The exception is those who check their emails ‘very often’. Half of this group (47 percent) say they’d rather stay on top of what’s going on at work, with the other half (50 percent) happy to stay out of work issues while on vacation. The research suggests however that fewer than one in six think their managers care whether they stay in touch or not.

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Finance professionals prioritise protection of employment rights in Brexit deal

Finance professionals prioritise protection of employment rights in Brexit deal

Securing employment rights for workers must be one of the key priorities of any Brexit deal, according to a fifth of finance professionals surveyed by REED. The recruitment agency asked almost 800 senior finance professionals about company preparations for leaving the EU, finding that only prioritising a free trade deal for the UK (31 per cent) received more votes than securing employment rights (20 per cent). Finance professionals gave considerably less backing for prioritising membership of the single market (18 per cent), self-determined UK law (10 per cent), the customs union (10 per cent) and border controls (10 per cent).

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People working in fully open plan spaces are generally fitter and less stressed

People working in fully open plan spaces are generally fitter and less stressed

The open plan debate grinds on, and the latest grist to its mill is a study from researchers led by Esther Sternberg of the University of Arizona which suggests that it is those people who work in open plan spaces that are fitter and happier than their associate employee contemporaries in cubicles and private offices. The study, published in the journal Occupational & Environmental Medicine, used wearable sensors to study 231 US workers in four government office buildings. It’s worth noting that this is five times as many workers and twice as many offices as the much publicised recent study that we were told by various media outlets and commentators was the ‘final word’ on the subject.

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SMEs more likely to offer flexible working than larger businesses

SMEs more likely to offer flexible working than larger businesses

SMEs more likely to offer flexible working than larger businesses to reduce absenceMore SMEs than larger businesses offer flexible working as a way of reducing absences, research from industry body Group Risk Development (GRiD), suggests. The research showed that 35 percent of SMEs with up to 249 employees are actively using flexible working strategies to combat absence compared to just 23 percent of organisations with over 250 employees. Drilling down further into the detail, 38 percent of micro businesses with between 1 and 9 employees use flexible working as a means to reduce absence. Flexible working now means a lot more than allowing an employee to work from home when they are feeling under the weather, and following changes in the law in 2014, it is now an option for everyone with at least 26 weeks continuous employment to request it – not just those with children or carer responsibilities. It also includes part-time working, term-time working, job sharing, compressed hours and flexitime. A greater degree of flexibility can increase productivity and reduce burn out, particularly in stressful occupations.

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People might be more productive when supervised by a bad robot

People might be more productive when supervised by a bad robot

We will have to get used to a lot more talk about how we interact with artificial intelligence and it might involve addressing some difficult ideas. Try this for a start. People might perform better on certain tasks when supervised by a ‘mean’ robot rather than a ‘nice’ one, according to a new study published in the journal Science Robotics (registration or subscription required). The study involved asking 58 young adults to complete a Stroop test which involves subjects stating the colour of font used in a written word. The difficult comes from the cognitive difficulty of identifying a colour when the word itself indicates a colour, for example when the word red is printed using a blue font.

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The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The rise of artificial intelligence and automation will create a Fourth Industrial Revolution that will be be significantly more disruptive than the three previous industrial revolutions, according to the Bank of England’s chief economist. According to Andy Haldane, the transformation caused by automation of cognitive skills had the potential to have a greater impact than Britain’s first industrial revolution, when coal and steam changed the country, the second industrial revolution which brought chemical engineering and the combustion engine, or the widespread use of computers in the 20th and 21st centuries.

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