January 19, 2018

Bad managers who fail to support employees are driving talented staff away

by Sara Bean • News, Wellbeing, Workplace

A new survey suggests that bullying, aggressive behaviours and micro-management is endemic within the British workplace. The research by YouGov on behalf of MHR found that 80 percent of employees having experienced what they consider poor management, or a poor manager, at least once during their career; 73 percent of employees who have experienced poor management or a poor manager have considered leaving a job and, among these, a staggering 55 percent actually left their job because of bad management. When asked whether managers are equipped to deal with the human or emotional side of management, 58 percent of respondents said that they are not. Bad managers were described as often inexperienced, out of their depth, lacking the necessary people skills, expressing favouritism, failing to offer recognition and feedback and failing to communicate effectively. But the most shocking comments were around the subject of mental health, with several respondents citing a complete disregard or lack of awareness of issues surrounding mental health in the workplace. As well as failing to support employees suffering from anxiety or depression, several respondents claimed that their manager was directly responsible for causing the decline in their mental health.

January 18, 2018

Occupiers concerned about lack of innovation from commercial property sector

by Mark Eltringham • Coworking, News, Property

The UK’s productivity is lagging behind other G7 countries and property directors are concerned that landlords’ lack of proactivity around commercial property innovation may hamper efforts to move the UK up the productivity league table, according to the newly published results of a survey carried out at the Property Directors Forum in December 2017, hosted by Avison Young. Attendees at the event held at The Royal Society of Chemistry, Piccadilly, were asked to provide their thoughts on property innovation and the role that landlords have in leading the way. The survey revealed that not one of the property directors have been approached by their landlord(s), proactively, to discuss property innovation and, in fact, 40 percent of directors reported their landlord as being reluctant to innovate.

January 18, 2018

Over 50s will come to dominate self-employed workforce by 2024, report claims

by Mark Eltringham • News, Wellbeing, Workplace

The number of over-50s in work is rapidly increasing, so much so that this demographic is set to make up the majority of the UK’s self-employed workforce within the next seven years. The updated research from Hitachi Capital UK and CEBR (Centre for Economics and Business Research) found a rebalancing of the economy away from younger generations, as the 24 million over-50s in the UK become an increasingly important demographic of entrepreneurs and business owners. The data also suggests that an increasing number of 50-64 year olds choose not to retire and instead stay active in the labour market, with the rate of employment rising significantly between 2012 and 2016 from around 65 percent to 71 percent. CEBR projections show that the number of employed 50-64 year-olds will surpass 9 million before the end of 2018, and by 2021 there will be 10 million 50-64 year olds in work.

January 18, 2018

Germany loses favour as corporate real estate investment hotspot

by Mark Eltringham • News, Property

Germany is no longer the most popular global destination for corporate real estate investment, according to BrickVest’s latest commercial property investment barometer. Formerly the most popular location in Q3 2017, Germany has now fallen in favour among investors behind the UK, US and France. Germany saw a drop in popularity from 34 percent to 23 percent in the last quarter, marking its lowest rating since Q2 2016. The UK, however, rose from 27 percent to 29 percent in Q4 2017, managing to sustain its general popularity by consistently ranking above 25 percent.

January 17, 2018

Managers’ increasingly long hours behind rise in stress and mental ill health

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Managers are working an extra 44 days a year over and above their contracted hours, up from 40 days in 2015. These long hours are taking their toll, causing a surge in sick leave amongst managers suffering from stress and mental ill health, claims the Chartered Management Institute (CMI), which is calling on UK employers to provide greater support. Long hours and constant communication are having a detrimental effect on the wellbeing of managers it argues resulting in one in ten managers taking time off for mental health in the last year, and for those who do take time out, it’s for an average of 12 days. Of the 1,037 managers surveyed for the report, the average boss puts in an extra day each week. This is an extra 7.5 hours beyond their contracted weekly hours (44.4 hours actual compared to 37.3 contracted), adding up to an extra 43.8 days over the course of the year. This is up from 39.6 days in 2015. The rising gap between contracted and actual hours of work is in addition to an ‘always on’ digital culture, with 59 percent of managers saying they ‘frequently’ check their emails outside of work – up from 54 percent in 2015.

January 17, 2018

One third of UK professionals suffer from depression or anxiety, and work is a key contributor

by Neil Franklin • News, Wellbeing

Over a third (35.2 percent) of the nation’s workers are suffering from mental health issues, with four in 10 (42.9 percent) admitting that their job is a key contributor to these feelings. That’s according to a survey from job site CV-Library which claims that for 70.6 percent of those that suffer, their depression or anxiety can sometimes have a negative effect on their working life, while a further 17.9 percent said it always negatively impacts their working life.

January 17, 2018

One in ten people have fantasised about killing their boss

by Neil Franklin • News, Workplace

A new survey of 2,200 people claims that one in ten have fantasised about killing their boss at some point. Construction workers emerged as having the worst relationship with their line managers with nearly a quarter admitting to murderous thoughts (22 percent), followed closely by those working in the media industry (15 percent). The report from B2B comparison site Expert Market claims that more than half of respondents (52 percent) said that they hate their job specifically because of their boss. In fact, one in five workers said that they would actually turn down a pay rise in favour of firing their manager and it’s because people think their boss is not fit for purpose. The majority of those asked (73 percent) believe that they could do their boss’ job far better than them, particularly those in the energy and entertainment industries; 86 percent and 81 percent, respectively.

January 16, 2018

Full time work has an adverse effect on wellbeing and happiness of mothers, study claims

by Neil Franklin • News, Workplace

Mothers of children under the age of three who don’t work full time are generally more happy than those in full-time employment, a new study published in the Journal of Happiness Studies claims. The survey by Dana Hamplová of the Czech Academy of Sciences asked 5,000 mothers from 30 European countries to make a subjective assessment of their levels of wellbeing and happiness. It found that there was a small but significant increase in happiness among mothers who were not working, compared to full-time workers. The report found there were no differences in the self-reported levels of happiness of non-working mothers and those who work part time.

January 16, 2018

Businesses lost an estimated £20.2 bn from data breaches last year

by Neil Franklin • News, Technology

Hackers stole or compromised an estimated £20.2bn worth of records from businesses in 2017, new research claims. After news that Uber failed to disclose a massive hack in 2016, VPN (Virtual Private Network) comparison site BestVPN.com analysed more than 200 data breaches dating back to 2004, looking at the number of records compromised, the industries most likely to be affected and the value of those breaches. Late last year Equifax became the victim of one of the most high profile hacks in history, with 143m records stolen, equating to an estimated £15bn worth of data lost*. While there have previously been attacks where more records were compromised, such as Yahoo’s 1bn back in December 2016, the Equifax breach was notable because the data stolen included social Security numbers and personal identification. IBM revealed in its Cost of a Data Breach Study 2017 that the average cost of a stolen record was £104.25, or £2.7m per hack.

January 15, 2018

Is there a link between creativity and depression?

by Mark Eltringham • News, Wellbeing

The link between creativity and depression or other mood disorders is something of a cliché, but one explored in a new meta-analysis published in the journal Perspectives on Psychological Science. The study from Christa L Taylor set out to discover whether there was any truth to the twin ideas of the tortured genius and of misery as an inspiration for creativity. Based on 36 studies into the relationship between mood disorders and creative thinking involving very high numbers of people, the report concludes that there are often strong correlations but that causation is somewhat harder to pin down. The diagnosis of mental disorders and the incidence of creativity is also complicated by the fact that researchers may often be unable to distinguish between the two.

January 15, 2018

Manchester, Brighton and Edinburgh seen as best places for freelancers to work

by Mark Eltringham • News

A new report from price comparison website MoneySuperMarket published to coincide with Working from Home Week claims that Manchester, Brighton and Edinburgh are the best UK cities in which freelancers can work. The report looks at the number of existing freelancers in 22 UK cities, the average rates they charge and the number of start-ups looking to utilise local freelancers. To assess the work-life balance of freelancers, the research also gauged local property costs, the number of wi-fi hotspots and coffee shops, as well as the general quality of life in the area.

January 12, 2018

The complex relationship between productivity, technology and working anywhere

by Mark Eltringham • Flexible working, News, Technology, Wellbeing

A new report produced by Lancaster University’s Work Foundation and commissioned by Citrix, highlights the complex and often strained relationship between productivity, technology, work and the idea of working anywhere. Despite the march of digital transformation, one in four (24 percent) UK managers questioned for this report believe their organisation is not technologically ‘forward thinking’. With Britain’s productivity slowdown the largest of the G7 economies since the recession, over three in five (63 percent) of knowledge workers polled believe they are no more productive today than they were three years ago, with 17 percent even claiming to be less industrious. The paper – Productivity, technology & working anywhere – shows an undeniably positive link between correctly-implemented technology and workplace productivity. However this progress can soon by marred by poor business planning, a lack of innovation, outdated IT and low uptake of flexible working cultures. The research is supported with survey responses from 1,000 knowledge workers and 500 managerial level employees within medium and large organisations across the UK.