Firms make lots of noise about social mobility but don’t always act on it

Firms make lots of noise about social mobility but don’t always act on it

Social mobility: UK employers disproportionately focused on outreach to working-class candidates rather than recruiting and retaining them A new report on social mobility, conducted by the charity Making The Leap, claims that only a third of employers (35 percent) took any action on the retention and inclusion of job candidates from less advantaged socio-economic backgrounds (LSEB) candidates this year. This is down from 53 percent in 2022, showing a significant decline in prioritising a key element of social mobility, and significantly lower than those that say they are focussed on recruiting candidates. More →

Financial uncertainty, wellbeing and supply chain disruption revealed as top risk factors 

Financial uncertainty, wellbeing and supply chain disruption revealed as top risk factors 

Companies across the UK are most concerned about the risk of financial uncertainty (34 percent), employee health and wellbeing (31 percent) and supply chain disruption (23 percent) on their businesses over the next 12 monthsAccording to new research by Marsh, an insurance broker and risk advisor, companies across the UK are most concerned about the impact of financial uncertainty (34 percent), employee health and wellbeing (31 percent) and supply chain disruption (23 percent) on their businesses over the next 12 months. The findings come from Marsh’s UK Business Risk Report 2023 [registration], which features data obtained in May and June 2023 from over 2,100 UK businesses with turnover of between £100,000 and £500 million + per year. Now in its third year, the report explores how circumstances over the last 12 months have impacted the business risk appetite and approach to risk management among UK companies, and identifies their priorities for the year ahead.  More →

Economies need to cut carbon emissions by 7 percent annually to hit Paris target

Economies need to cut carbon emissions by 7 percent annually to hit Paris target

In the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goalsIn the lead-up to the UN’s COP28 climate conference, the world’s largest CEO-led community committed to accelerating the net-zero transition is calling on businesses and governments to further slash global carbon emissions to meet the Paris Climate Agreement goals. According to a report by the Alliance of CEO Climate Leaders, in collaboration with the Boston Consulting Group (BCG), emissions must be cut back by 7 percent each year from now until 2030 to limit global warming to 1.5°C, as agreed in Paris in 2015. More →

Squirrel! Distraction costing the UK economy nearly £20 billion a year

Squirrel! Distraction costing the UK economy nearly £20 billion a year

Scrolling on social media, checking messages, daydreaming and other forms of distraction are costing the UK economy £19.9 billion each yearScrolling on social media, checking messages, daydreaming and other forms of distraction are costing the UK economy £19.9 billion each year, new research from The QEII Centre claims. The report The Distracted Economy: We are losing focus – how to hold attention and keep delegates engaged during business meetings and events was commissioned by the London conference and events venue. It suggests that 83 percent of people admit to being distracted during in-person meetings while the number rises to 85 percent during online meetings. More →

Inadequate provision for menopause and menstrual health driving women away from jobs

Inadequate provision for menopause and menstrual health driving women away from jobs

The workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptomsThe workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptoms, according to a new poll from workplace health provider Simplyhealth.? The research suggests almost a quarter (23 percent) of women have considered quitting due to the impact of menopause or menstrual symptoms at work, and over one in ten (14 percent) are actively planning to quit. More →

Angry, stressed and worried. The utter state of the UK workforce in 2023

Angry, stressed and worried. The utter state of the UK workforce in 2023

Gallup has published its 2023 Gallup Global Emotions report [registration]  – a study of employee sentiment in the UK workforceGallup has published its 2023 Gallup Global Emotions report [registration]  – a study of employee sentiment in the UK workforce. According to the report’s Negative Experience Index, which tracks how many people experience daily sadness, anger, stress, worry, and physical pain, full-time UK employees are experiencing historically high levels of daily negative experiences. This latest Gallup data claims that full-time UK employees scored a 32 on Gallup’s Negative Experience Index. This is up substantially from 23 in 2020. Full-time employees in the UK are now some of the most emotionally distressed in Europe, second only to employees in Malta. More →

The Workplace Cocktail Hour. Chris Moriarty on AI, toxic workplaces and more

The Workplace Cocktail Hour. Chris Moriarty on AI, toxic workplaces and more

In the first of a new series of news-based podcasts, I catch up with Chris Moriarty, the co-founder of Audiem and much besides. Over a glass of gin and tonic, we discuss the AI Safety Summit and the proclamations of imminent doom that came before and after it. We also talk about the covid inquiry and the toxic workplace culture it exposed as an intriguing subplot. More →

Many business leaders inadvertently create a culture of fear at work

Many business leaders inadvertently create a culture of fear at work

A new poll of workplace leaders suggests there is an environment of unconscious fear in modern-day leadership, leading to toxic culture, stunted growth, performance and productivity, and decision inertia. The global study of 2,500 emerging leaders in corporate businesses by consultant Margot Faraci, claims that around one quarter (23 percent) of UK leaders are unconsciously creating an environment of fear with direct reports. Globally, this figure rises to one in three (30 percent), indicating a growing worldwide phenomenon of fearful leadership. Fearful leadership carries significant implications for team morale, performance, and overall well-being within organisations. It’s often attributed to past experiences, creating an ongoing cycle of leadership driven by fear. More →

Government issues formal warning to council over four-day working week

Government issues formal warning to council over four-day working week

A formal notice has been issued to South Cambridgeshire District Council over its four-day working week trialA formal notice has been issued to South Cambridgeshire District Council over its four-day working week trial, because the UK government says it wants ‘to ensure taxpayers’ money is well spent’. A Best Value Notice, issued by the Department for Levelling Up, Housing and Communities, formally sets out government concerns around the council and whether the trial offers value for money, including the removal of up to a fifth of the authority’s capacity. It requests evidence on the trial to consider whether the council is meeting its Best Value Duty, including on: staffing; costs; service delivery; resident feedback; overall performance since the start of the trial; should a four-day working week continue. More →

One in ten working mothers quit jobs because of childcare pressures

One in ten working mothers quit jobs because of childcare pressures

The ongoing challenges that come with balancing childcare with work have forced over 249,124 working mothers of children aged 4 or under to leave their employerThe ongoing challenges that come from balancing childcare with work have forced over 249,124 working mothers of children aged 4 or under to leave their employer due to a lack of childcare support, according to new research. The new report from Totaljobs and the Fawcett Society, Paths to parenthood: Uplifting new mothers at work, claims to demonstrate the disproportionate impact childcare responsibilities have on women and their careers. More →

Nothing propinks like propinquity, but tech is still vital for trust when hybrid working

Nothing propinks like propinquity, but tech is still vital for trust when hybrid working

Nothing beats in-person meetings, but tech is vital for hybrid working trust and equality. That is the main conclusion of a new report from Jabra’s LSE Behavioural Lab. According to the study, people are 56 percent more engaged in face to face meetings. In instances where hybrid meetings are required, meeting room participants saw an 84 percent increase in engagement from remote participants when using a professional meeting-room headset and video camera. The study is based on observations of 88 people of 15 different nationalities in a range of work settings. More →

Third of firms have adopted AI to replace or augment employees’ roles this year

Third of firms have adopted AI to replace or augment employees’ roles this year

According to Owl Labs’ annual State of Hybrid Work Report, 32 percent of employees believe that AI will help them do their jobs more efficiently, while a further 22 percent think AI will create new jobs allowing their teams to grow. However, uncertainty around AI regulation and safety is causing ‘AI anxiety’ to grow, with nearly 1 in 5 UK workers (17 percent) concerned that AI will steal their jobs. A further 19 percent are worried that AI has the potential to create new ethical issues in the workplace. More →