London seen as most desirable city in the world to work, but the UK falls in country standings

London seen as most desirable city in the world to work, but the UK falls in country standings

A comprehensive study into global talent mobility claims that London is the most desirable city for overseas workers worldwide, beating New York, Berlin and Barcelona. In the four years since the first study conducted by The Boston Consulting Group (BCG) and totaljobs, the UK has dropped three places in overall attractiveness, from second to fifth in the country rankings. Decoding Global Talent 2018 (registration required), claims to be one of the most expansive studies every undertaken into workforce migration trends. Shining a spotlight on the UK’s attractiveness to global talent, the research reveals the world’s most desirable destinations for work.

More →

UK employers aim to accelerate digital innovation, despite some cultural resistance

UK employers aim to accelerate digital innovation, despite some cultural resistance

UK employers aim to accelerate digital innovation, despite some cultural resistanceThe way to measure an employer’s speed of innovation includes how they find talent, their appraisal process, how employees recommend the organisation they work for to others, and how much employees collaborate, claims a new European study by Cornerstone OnDemand and IDC. “Future Culture: Building a Culture of Innovation in the Age of Digital Transformation” explores the relationship between European organisations’ speed of innovation and talent management, with the research showing that firms with a steady stream of new products and services are more likely to have an ongoing feedback process with employees, rather than an annual performance review, while organisations with a slower rate of innovation often use coaching and mentoring to develop employees.

More →

Global employers focus on mobile talent to help support new ways of working

Global employers focus on mobile talent to help support new ways of working

Global employers focus on mobile talent to support future ways of workingThe digital era, ageing populations, skills shortages, and unpredictable political and economic contexts are persuading multinationals to focus more on mobile talent, new ways of working and assessing the cost of expatriate packages for international employees that are critical to the future of work. This is according to Mercer’s 24th annual Cost of Living Survey which reveals that factors such as instability of housing markets and fluctuating inflation, currencies and prices for goods and services, are impacting the cost of doing business in various cities around the world. UK cities have significantly risen in the ranking this year. More →

Misunderstanding of mental health means millions of employees delay seeking help

Misunderstanding of mental health means millions of employees delay seeking help

Misunderstanding of mental health means over seven million UK staff delay seeking helpAlmost 60 percent of UK employees are unable to identify key symptoms of the most common mental health conditions resulting in treatment delays for millions of workers. A new study from Bupa examined employees’ understanding of key psychological and behavioural symptoms of six of the most prevalent conditions in the UK, as well as identifying widely-held misconceptions. The research reveals that inaccurate assumptions have caused almost seven million people to delay seeking support for a mental health problem. Early diagnosis and treatment of conditions can improve recovery rates which is why medical experts at Bupa want to raise awareness of the accurate symptoms. More →

Younger employees are main source of workplace security breaches

Younger employees are main source of workplace security breaches

More than a third of senior executives believe that younger employees are the “main culprits” for workplace security breaches according to a new study into attitudes to security of the workforce, commissioned by Centrify. The study also claims that these same decision makers are doing very little to allay their own fears with over a third of 18-24 year olds able to access any files on their company network and only one in five having to request permission to access specific files. Less than half (43 percent) have access only to the files that are relevant to their work. The study, conducted by Censuswide, sought the views of 1,000 younger workers (18-24 year olds) and 500 decision makers in UK organisations to discover how security, privacy and online behaviour at work impacts the lives of younger employees and the companies that they work for.

More →

Rise and shine: our analytical thinking peaks at 6am

Rise and shine: our analytical thinking peaks at 6am

An academic study of social media users suggests that our analytical thinking peaks at around 6am – with people adopting a more ’emotional and existential’ tone later in the day. The research,Diurnal Variations Of Psychometric Indicators In Twitter Content, from academics at the University of Bristol and published in the journal PLOS ONE, involved the analysis of seven billion words used in 800 million tweets. Twitter content was sampled every hour over the course of four years across 54 of the UK’s largest cities to determine whether thinking modes change collectively. Researchers in artificial intelligence (AI) and medicine analysed the aggregated and anonymised content using AI methods.

More →

Three quarters of employees now expect to work beyond age of 65

Three quarters of employees now expect to work beyond age of 65

The proportion of UK employees who say they will work beyond the age of 65 has remained at three-quarters (72 percent) for the second year running, significantly higher than in 2016 (67 percent) and 2015 (61 percent), according to research from Canada Life. Nearly half (47 percent) of those who say they expect to work beyond 65 will be older than 70 before they retire, up from 37 percent in 2017, while almost a fifth (17 percent) expect to be older than 75. Workers aged 35-44 are most likely to say they expect to retire after their 75th birthday (27 percent).

More →

Asian investment in City of London offices now hitting record levels

Asian investment in City of London offices now hitting record levels

Asian money is pouring into office investments in the Square Mile at a pace rarely seen before, according to a new analysis by Savills. About £3.4 billion of Asian capital has been invested in London offices already this year, according to a study from the property consultancy. That is 70 per cent of the total volume and a record high for the first six months of a year. In the past three months alone, Asian buyers have snapped up £3.5 billion of buildings in London’s financial district. This is the highest figure for a second quarter since 2007, when the commercial property market was at its peak just before the credit crunch hit, according to Savills.

More →

Employees are already drawing up a hit list of tasks to delegate to robots

Employees are already drawing up a hit list of tasks to delegate to robots

Nearly two thirds (63 percent) of UK employees would outsource work tasks to a robot if they could, according to research commissioned by software firm ABBYY. For almost a quarter of Brits (24 percent) attending meetings is their most hated work activity. While one in six (17 percent) dislike reviewing long documents and more than one in eight (13 percent) don’t like speaking to customers, these are not jobs that workers want to delegate to robots. The jobs that employees would most like to hand over to a machine are inputting data (16 percent), taking minutes and notes (14 percent) and electronic filing (12 percent).

More →

A clearer more enforceable energy efficiency policy is needed for commercial buildings

A clearer more enforceable energy efficiency policy is needed for commercial buildings

A clearer more enforceable energy efficiency policy is needed for commercial buildingsThere is a critical need for to simplify the regulatory framework designed to improve energy efficiency in commercial buildings finds a recent report from the Environmental Industries Commission (EIC) Carbon Management & Sustainable Buildings Working Group. It also suggests that Brexit could act as a spur to rethink the right combination of policies to reform enforcement systems. The report, Improving non-domestic energy efficiency after Brexit, one of a series EIC is publishing setting out its members’ views on the impact of Brexit on environmental policy and how policy should evolve after the UK leaves the EU, covers the breadth of energy efficiency policy for non-domestic buildings. As part of its research, EIC surveyed England’s local authorities, who have responsibility for trading standards, finding that out of those that responded (122 out of 149), no local authorities have been issuing fines for failing to display Energy Performance Certificates or Display Energy Certificates.

More →

Improving employment of older people could boost UK GDP by £180bn 

Improving employment of older people could boost UK GDP by £180bn 

GDP could be boosted by around £180 billion a year if the UK could match New Zealand’s employment rates for the over-55s. While employment of older workers has improved in the UK in recent years, it still ranks only 21st out of 35 OECD countries according to new analysis from PwC. The consultancy’s Golden Age Index is a weighted average of indicators – including employment, earnings and training – that reflect the labour market impact of workers aged over 55. Iceland tops the rankings followed by New Zealand and Israel. For the OECD as a whole, there is a potential $3.5 trillion economic prize from matching New Zealand’s employment rates for the over-55s.

More →

Many fathers are unaware of their parental leave rights

Many fathers are unaware of their parental leave rights

Nearly half (46 percent) of working fathers are unaware they are entitled to take shared parental leave on the arrival of a child, according to new research. The survey, conducted by Aviva, also claims that one in 10 dads (11 percent) took no time off whatsoever when their most recent child arrived. Businesses are therefore being urged to do more to make sure their male staff know their rights, to enable them to spend precious time with their newborn or adopted children. Crucially, the survey of UK parents with dependent children found that 86 percent of fathers would have taken more time off at the arrival of their children, but felt restricted by financial factors and employer constraints.

More →