Higher than average absenteeism rates are impacting on SME’s profitability

Higher than average absenteeism rates are impacting on SME’s profitability

Nearly three quarters (71 percent) of small and medium enterprises (SMEs) say that staff absenteeism is having a big impact on profitability suggests a new survey from Moorepay. The research found that many UK SMEs are experiencing higher than average absenteeism in their business. According to the Office for National Statistics, the average number of sick days for a UK employee is 4.3 days a year and yet almost half (49 percent) of small business owners said staff take more than five days off each year. For 14 percent this figure rises to seven days or more. Yet despite higher than average sick days and the impact on profitability, few firms are taking positive action to reduce absenteeism in their business. This is despite the fact that many feel introducing policies around absences, flexible working, time off for family or medical reasons and return to work programmes can have a positive impact on reducing absenteeism. Almost three-quarters (72 percent) believe the use of such policies could reduce the rate by 11 percent or more.

More →

Employees accessing workplace IT systems from holiday may be cyber security risk

Employees accessing workplace IT systems from holiday may be cyber security risk

Employees remote working while on holiday may pose a Cyber Security riskOrganisations are taking serious security risks by allowing employees to access workplace IT systems remotely while on their summer holiday, a telecoms company has warned. According to research by the corporate IT and cyber-security arm of Deutsche Telekom, nearly a third of employees (31 percent) use free Wi-Fi hotspots, and nearly a quarter (24 percent) use them for work-related emails and documents.  These are a big danger area as they are insecure and easy for hackers to clone (getting access to all email and web traffic, including any work documents and passwords). It also warns that 28 percent of employees email work documents to and from their personal email, despite this creating numerous security problems.  Ten percent use free USB charging points at airports and stations; and these ports can be used to transfer viruses and malware to unsuspecting users. The blame cannot solely be placed on the employees though, as just 28 percent of employees have never in their working career had any cyber security training to protect themselves and their employer.

More →

Japan introduces new teleworking laws to change work culture in run up to Olympics

Japan introduces new teleworking laws to change work culture in run up to Olympics

It’s not just the UK that took time yesterday to reconsider its relationship with work. Japan launched a scheme to promote teleworking in an effort to address the country’s notoriously poor working culture and ease congestion in the build up to the Tokyo Olympics of 2020. Over 900 companies are claimed to have participated in Telework Day, which will be held on July 24 each year from now until the Olympics opening ceremony on July 24, 2020. Prime Minister Shinzo Abe’s government has already introduced laws to address Japan’s notorious problems with overwork, raise contract workers’ pay, and curb a general abuse of labour laws. Earlier this year, the Japanese government announced plans to impose a cap on overtime of 100 hours a month to reduce the number of cases of “karoshi”, or death from overwork, among its people. The idea is to restrict overtime to an average of 60 hours a month, with a 100-hour limit in busy periods.

More →

Other UK cities must rebalance London-centric commercial property market

Other UK cities must rebalance London-centric commercial property market

It is up to the UK’s other cities to rebalance the country’s London focussed commercial property market according to a new report, ‘What investors want: a guide for cities’, published by the think tank Centre for Cities with support from Capita. It examines the top priorities for investors when choosing which places to invest in, and offers practical advice for cities on how to make their places as attractive as possible for investors. The report shows that just over half of all investment in Britain’s commercial property market in 2016 – worth over £43bn in total – was spent in London. This was significantly more than the South East, the second most successful region, which secured nearly £5bn of investment, equivalent to 11% of the total share across Britain.

More →

Over 200,000 British workers will aim for smarter working on Monday as the Summer holiday season begins

Over 200,000 British workers will aim for smarter working on Monday as the Summer holiday season begins

On Monday, 24th July, over 200,000 British office workers from 200 different companies will be given the option to work flexibly as part of the Smarter Working Initiative. The campaign claims to encourages companies to give their staff the opportunity to spend one day working from a location that suits them, to show organisations the positive impact of smarter working. Businesses including Purplebricks, RED Driving School, MediaCom and Farfetch are signed up, with Timberyard, Haus and NearDesk offering free coffee and access to over 40 cafes and co-working spaces across London and the UK. The campaign’s own research claims that nearly half of employers (48 percent) do not encourage flexible working, despite 70 percent of workers saying the option would make a job more attractive to them. Over half of workers (53 percent) stated they would be more productive if they could spend some time working out of the office, and the campaign aims to demonstrate how flexible working results in improved wellbeing, increased productivity and faster business growth.

More →

Insurance claim data suggests that musculoskeletal disorders dominate workplace health

Insurance claim data suggests that musculoskeletal disorders dominate workplace health

According to an analysis of the private medical insurance (PMI) records of over 45,000 UK employees carried out by Aon Employee Benefits with its largest clients, the highest claims are for musculoskeletal disorders- almost double those for cancer related illness. In a study of reports from private medical insurers (PMI), Aon found that 31 percent of claims were for musculoskeletal concerns, while 15 percent were cancer related, 4 percent were for mental disorders and 4 percent for urology. The data forms part of its new report, Wellbeing: Examining the correlation between employee health and financial wellbeing. Among the remaining 46 percent of claims, problems included gastrointestinal issues, diagnostic and treatment planning (equally prevalent), followed by obstetrics, heart, respiratory, head/neck, trauma/injury, nervous system, and eyes, ears and dermatology.

More →

Job insecurity fears more than double in aftermath of Brexit vote

Job insecurity fears more than double in aftermath of Brexit vote

A survey of 1,257 British workers claims that job insecurity has more than doubled since the decision to leave the EU, with the percentage of those feeling insecure in their jobs rising from 5 percent to 13 percent. According to the study from Office Genie, for those who felt secure, Brexit has also done considerable damage: job security levels have dipped by 17 percent. Pre-referendum, 70 percent of workers felt secure in their job, now just over half (58 percent) feel secure. Nearly three quarters (70 percent) of the workforce believe it’s an employer’s duty to calm Brexit-related distress. 54 percent of workplaces have experienced such concerns but only 31 percent of these employers chose to comfort staff.

More →

People who are not economically active should be helped into the gig economy claims think tank

People who are not economically active should be helped into the gig economy claims think tank

Following last week’s publication of the Taylor Review into modern working practices, a new study from public sector think tank Reform makes recommendations for how government should help people into the gig economy, with a focus on those who are often economically inactive or restricted in the opportunities they have. In the report, Gainful Gigging, older and disabled people are explored as potential winners from recent growth in flexible working. Both groups are significantly less likely than average to be economically active, and many face significant work barriers. Around half of all 50-64 year olds manage at least one long-term health condition. Of the 3 million in this age group that are economically inactive, around 12 per cent spend over 20 hours per week looking after a sick, disabled or elderly person. Greater work flexibility could help them to enter the labour market, according to the report’s authors. In a survey of disability benefit claimants, many indicated that “flexible work, working from home [and] working less than 16 hours per week” would help them sustain employment. A review of the Work Capability Assessment for sickness benefits also found half of those deemed ‘fit for work’ require flexible work hours.

More →

Average UK worker takes just half an hour for lunch each day

Average UK worker takes just half an hour for lunch each day

The average worker in Britain now takes just 34 minutes for their lunch break with over half of workers (52 percent) skipping their lunch break completely – a significant shift from the traditional one hour break.  Londoners are most likely to skip their lunch hour altogether, closely followed by Birmingham, Manchester and Norwich. This is according to new research from Workthere, the flexible workspace search service launched by Savills last year. Workthere commissioned a poll of 2,000 full time workers across Britain on their lunchtime habits to find out how long they actually take. The results show that office employees eat at their desk on average four days per week and even when they do take a break, they often don’t step out of the office, with over a third of those polled (37 percent) saying they rarely leave the office at lunch time. Additionally, 12 percent agreed they felt pressure to work through their lunch hour. Workthere also asked how the office environment affects these behaviours and found that over a third (36 percent) of those questioned said that access to outside space at lunchtime would make them more productive at work, with 32 percent confirming a quiet area to escape to would make a difference to the time they spend on their break.

More →

If you want a proper holiday this year, ditch the tech

If you want a proper holiday this year, ditch the tech

According to a new study from the Institute of Leadership & Management, the majority of people already know that the best thing they can do to enjoy a proper break is disconnect from technology, although whether they act on this knowledge appears to be a different matter. The ILM reports that 56 percent of managers say taking a holiday in a remote location without wi-fi connection would leave them feeling relieved.  But it’s getting harder and harder for us to ‘switch off’ from work once we are away, with managers craving holidays in remote corners of the world where they can escape the ‘always on’ connectivity culture. Most managers don’t take proper breaks from work on holiday, with 37 percent admitting to checking their work emails every day of their holiday to avoid a backlog of work when they return to work.

More →

Tax reforms forcing contractors out of public sector work, claims report

Tax reforms forcing contractors out of public sector work, claims report

New research from CW Jobs claims that the public sector is seeing an exodus of IT contractors following the introduction of the IR35 tax reforms. The changes mean IT contractors in the public sector are now taxed like employees. It came into effect in April this year and has meant contractors are losing up to a quarter of their previous take home pay. A significant 71 percent of the IT contractors surveyed said their income had reduced because of IR35. Nearly a third (29 percent) of those have seen an 11-20 percent reduction in income, while more than a quarter (27 percent) have seen a 21-30 percent reduction. The changes have prompted many IT contractors to make the switch from public to private sector.  Nearly half of the 1,000 IT candidates surveyed (47 percent) say IR35 has caused IT contractors to leave the public sector and over three quarters (83 percent) said the private sector is now the most attractive to work in.

More →

Link between offices and wellbeing is too important for landlords and occupiers to ignore

Link between offices and wellbeing is too important for landlords and occupiers to ignore

Developers and landlords who invest to create offices that embody the occupier-driven focus on wellbeing will reap their rewards commercially while those that don’t face diminishing returns, according to a new report from Cushman & Wakefield. The Well Workplace report claims to map out the major trends, opportunities and challenges of the future facing owners and occupiers of commercial office space due to the growing emphasis on employee health and vitality as part of the work environment.  Improved lighting, layout and use of plants are all known to benefit wellbeing and can increase employee performance. Gains through boosting performance far outweigh potential cost savings through real estate efficiencies – making the imperative for occupiers clear, according to the report’s authors.

More →