Work-life balance trumps pay in workplace new year’s resolutions

Work-life balance trumps pay in workplace new year’s resolutions 0

by • Flexible working, News

New research from Office Genie claims that when it comes to career-focussed resolutions, financial desires lose out to a more holistic approach to wellbeing: A better work-life balance is the top new year’s resolution for UK employees (17 percent), closely followed by the wish to learn new skills in the workplace (14 percent). Pay rises (13 percent) are important however, coming in third. Having healthier lunches (9 percent), being more organised (7 percent), and getting a promotion (6 percent) also proved popular. It would appear employees are less concerned with getting more done: productivity (5 percent), working harder (3 percent), and making more friends in the workplace (1 percent) are the three least popular resolutions.

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Learning to love staff means letting them disconnect from work, and other stories

Learning to love staff means letting them disconnect from work, and other stories 0

by • Flexible working, News, Technology

 

Topical workplace issues featured prominently at this week’s British Psychological Society’s Division of Occupational Psychology annual conference held in Liverpool. Four of the key takeaways from the event deal with issues such as the right to disconnect when working from home – a right recently enshrined in law in France, the way different personality types deal with emails, the toxic relationship between employers and employees and even how managers can learn to show their staff more love. The focus at teh event underlines a growing awareness of the complexities of our new relationship with work and workplaces.

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Over half of employers struggled to find newly graduated employees last year

Over half of employers struggled to find newly graduated employees last year 0

by • News, Technology, Workplace

Over half of employers strugged to find newly graduated employees last yearOver half of graduate employers are struggling to fill their graduate vacancies, partly due to students reneging on offers. A poll by the Association of Graduate Recruiters (AGR) claims that 52 percent of employers did not fill all of their graduate vacancies last year and while one in five offers were declined, 7.1 percent of offers made were accepted and then reneged. The size of the challenge differs by sector. Accountancy, banking and engineering firms are the most likely to find reneging an issue. It is less of a problem in the public sector and among law, utility and IT businesses. However, employers are finding ways to tackle the issue with 97 percent communicating and 78 percent holding events for graduates between offer and join date. As a result the proportion of job offers reneged is falling – in the AGR’s 2015 poll 8.2 percent were reneged. Employers are also being advised to take more of a digital approach to reaching ‘tech savvy’ graduates.

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Smart buildings and driverless vehicles to spearhead huge growth in Internet of Things spending

Smart buildings and driverless vehicles to spearhead huge growth in Internet of Things spending 0

by • News, Technology

Internet of thingsWorldwide spending on the Internet of Things (IoT) is forecast to reach $737 billion for the past year (2016) as organisations invest in the hardware, software, services, and connectivity that enable the IoT. According to a new update to the International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide, global IoT spending will experience a compound annual growth rate (CAGR) of 15.6 percent over the 2015-2020 forecast period, reaching $1.29 trillion in 2020. The industries forecast to make the largest IoT investments in 2016 are Manufacturing ($178 billion), Transportation ($78 billion), and Utilities ($69 billion). Consumer IoT purchases, the fourth largest market segment in 2016, will become the third largest segment by 2020. Meanwhile, cross-industry IoT, such as that for connected vehicles and smart buildings, will rank among the top segments throughout the five-year forecast.

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Recognition by promotion rather than reward, is key driver in job satisfaction

Recognition by promotion rather than reward, is key driver in job satisfaction 0

by • News, Workplace

Recognition rather than reward is a key driver in job satisfaction

Nearly two-thirds of respondents in a global survey (63 percent) said they would prefer to get a promotion with no salary increase than a salary increase with no promotion this year.  One reason for this, the research from Korn Ferry suggests, is that many organizations are not doing an adequate job of creating clear advancement opportunities for professionals. More than half (56 percent) of respondents who did not get a promotion within the last 12 months cited “bottleneck or nowhere to go” as the main reason. Nearly one-fifth (19 percent) said office politics got in their way of moving up the ladder, and while 39 percent said they did receive a promotion within the last year, less than half (45 percent) said they expect to receive a promotion in the coming year. Also, 84 percent said that if they were passed over for a promotion, the No.1 action they would take was to identify the reason and work to improve. The vast majority (88 percent) said that if they wanted a promotion, the No. 1 action they would take would be to have a conversation with their boss and identify growth areas that would enable them to move into the next role.

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Millennial women predicted to earn less than male counterparts over their careers

Millennial women predicted to earn less than male counterparts over their careers 0

by • Legal news, News, Workplace

Millennial women predicted to earn less than male counterparts over their careers

It has been suggested before that the gender pay gap is a reflection of what happens to women when they become parents – and a new piece of research backs up this theory by revealing an enduring pay penalty associated with having children; which, unless tackled this will mean that current and future generations of working women will continue to face a significant life earnings penalty. According to a new analysis published today (Wednesday) by the Resolution Foundation as part of its Intergenerational Commission, while the gender pay gap for millennials in their 20s has halved in a generation to just 5 percent, much of that progress looks set to be undone with early signs showing that the gender pay gap continues to escalate as women enter their 30s and 40s. This suggests that millennial women will still earn significantly less than their male counterparts over their careers.

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UK firms not planning on relocation as a result of Brexit, claims survey

UK firms not planning on relocation as a result of Brexit, claims survey 0

by • News, Property

brexit relocationA new survey commissioned by relocation firm Saunders 1865 claims that fears of a mass exodus of UK businesses in the wake of the Brexit vote are unfounded. Its study of 100 UK based multinationals with up to 350,000 employees found that none are planning to relocate their main operations overseas as a result of Brexit. Respondents included banks, consulting firms, technology companies and other organisations with a global presence. The study concludes that this indicates that the UK remains an appealing location within which to base international business. Saunders 1865’s CEO, Tony Coe said, “While anecdotal evidence from corporate clients suggested that the reports of a post-Brexit exodus by companies were overblown, we were frankly shocked that we didn’t receive a single response indicating that a move out of the UK was even being considered.”

Britain must future proof itself ahead of a decade of disruption, claims report 0

by • News, Technology

Brexit negotiations will ‘fire the starting gun’ on a decade of change for the UK, claims a new report from think tank the Institute for Public Policy Research (IPPR). The study, Future Proof: Britain in the 2020s, sets out the key challenges it claims will shape the UK in the period up to 2030 and the ‘choices that must be made now if these changes are to lead to a fairer and more equal society’. Among the issues covered in the report are the challenges directly related to Brexit, alongside factors such as an ageing population, other demographic changes, the risk to jobs posed by automation, the shift of the globalised economy towards Asia and the enduring problems associated with wage inequalities and the environment.

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Women report more workplace stress than male colleagues, claims study

Women report more workplace stress than male colleagues, claims study 0

by • News, Wellbeing

Women in the UK report more work-related stress than men because of workplace biases, the types of work carried out, the burden of taking on extra responsibilities at home and the perception of unequal pay, according to the latest figures from the Health and Safety Executive (HSE). The HSE data suggests that women aged 25-54 in Britain are more stressed than their male contemporaries, with this pressure peaking for those aged 35-44, at a time when many are juggling family responsibilities such as caring for children and other family members. According to the HSE data for the period from 2013 to 2016, the prevalence of work-related stress as defined in the report among female workers was 2,250per 100,000, equivalent to around 270,000 workers. Among men the figures were 1,270 per 100,000, or around 200,000 workers. The HSE reported that 11 million working days were lost due to stress between 2015-2016, equating to 37 per cent of employment-related ill health and 45 per cent of days lost.

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One in five working millennials in the UK have two or more jobs

One in five working millennials in the UK have two or more jobs 0

by • Flexible working, News, Workplace

New research from recruitment app Coople, claims that British millennials are a generation of career jugglers, seeking ‘varied lifestyles and accelerated multi-skilled growth’. The survey of 2,000 employed millennials in the UK, carried out by OnePoll, claims that there is a growing “slash culture”, in which workers take on more than one job simultaneously. The new statistics claim that one in five (19 per cent) employed young people have two or more jobs, more than any other generation. Some of the main reasons cited by millennials for taking on multiple roles include to learn new skills (47 per cent) and for variety and experience (27 per cent). By comparison, older generations put more onus on increased earnings when stating their purpose for working within multiple roles. The study also claims one in three millennials (29 per cent) plan on changing industry within the next two years, 13 per cent intend to change industries within the next year and 45 per cent will be looking to move within three years.

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Control over working hours leads to different outcomes for mothers and fathers

Control over working hours leads to different outcomes for mothers and fathers 0

by • Flexible working, News

The growth of flexible working practices coupled with the extension of parental leave tights to fathers is are partly intended to reduce the differences between levels of pay and career progression for men and women. Yet a study published in the European Sociological Review suggests that men and women experience different outcomes when given control of their working hours and may even lead to the reinforcement of traditional gender roles. The study  by Yvonne Lott and Heejung Chung of the Hans-Böckler Foundation, Düsseldorf and the School of Social Policy, Sociology and Social Research at the University of Kent respectively found that while the adoption of flexible working meant all people worked longer hours on average, only men enjoyed higher incomes as a direct result.

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Majority of British workers will work at some point over Christmas and New Year

Majority of British workers will work at some point over Christmas and New Year 0

by • News, Wellbeing

Three in five UK employees will work at some point over the Christmas period, a third of staff will curtail their break to return on Tuesday 27th December and 45 percent say working over Christmas is mandatory. These are the key findings of research from Hudson. The firm suggests that growing pressure pressure on companies to meet year round demand is causing employees to work over the traditional holiday period. The quarterly UK office-based workforce survey claims that the majority of workers (61.5 percent), including three quarters of millennials (76 percent), will cut short their festivities to work at some point between Christmas Eve and the January Bank Holiday. More than one third of staff (34 percent) will have to work at least one day between Christmas and New Year, causing problems for the many employees who’ve travelled home to be with their families over the festive period.

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