Two thirds of older jobseekers say they feel discriminated against

Two thirds of older jobseekers say they feel discriminated against 0

Older jobseeker interview

Over a quarter (27 percent) of jobseekers don’t research the role when preparing for a job interview and 60 percent don’t even bother to update their CVs for each role applied for – a basic and key component of any job hunt. And more than a third (37 percent) of jobseekers don’t research the industry when preparing for a job interview, claim new research from totaljobs. It should come as no surprise, then, that the research also reveals that 76 percent of jobseekers are finding the job hunting process difficult while 81 percent have job hunting fears. Fears include not being invited for interview (28 percent), never finding a new job (16 percent) and not having the right or enough experience (13 percent). For the older generation, a huge majority are worried that their age gets in the way of progression as almost two-thirds (63 percent) have said they have felt discriminated against by a prospective employer because of their age.

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Overwork and burnout affects all the generations in the workplace

Overwork and burnout affects all the generations in the workplace 0

managing-the-generational-gap

Millennials, Gen X, and Boomers are all feeling overworked and burned out, which is motivating many to look for another job; and according to the latest Staples Business Advantage 2016 Workplace Index it’s the older workers who are most motivated at work by a sense of purpose, with Baby Boomers (46 percent) and Generation X (32 percent) having more of a sense of purpose at work than their younger Millennial counterparts (24 percent). Fifty percent of Millennials, 47 percent of Gen X, and 35 percent of Boomers however, say burnout is driving them to look for another job; with Boomers wishing their employer would decrease their workload and provide more time to complete tasks, while Gen X and Millennials are looking for a more flexible schedule and work-life blend. Aesthetics in the office are also key, regardless of age, as 51 percent of Millennials, 44 percent of Gen X, and 33 percent of Boomers would like to see more attention paid to office design.

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Fall in demand for office space across the United Arab Emirates

Fall in demand for office space across the United Arab Emirates 0

Dubai commercial property marketRedundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the United Arab Emirates (UAE). Cluttons’ 2016 UAE Property Market Report expects declines of close to 5 percent in Abu Dhabi and Dubai, with Sharjah predicted to see declines of closer to 10 percent by the end of the year. With challenging economic conditions expected to persist in Abu Dhabi in the short term, the prospect of seeing a surge in take up activity remains low. Consolidation activity remains a dominant feature of the market, while some firms are taking a ‘wait and see’ approach to relocating from more secondary space, deterred by the capital expenditure associated with a move. In Dubai landlords’ are getting used to quieter conditions due to the emphasis occupiers are placing on budgets; while after six months of stability in Sharjah’s office rental market, rents are starting to falter, with two of the city’s three major office markets registering declines.

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Businesses in developed world failing to invest in tech and agile working

Businesses in developed world failing to invest in tech and agile working 0

AgileBusinesses operating in developed national markets risk falling behind businesses in emerging markets that are placing greater importance on leveraging technology to fuel their growth and increase their agility, claims a report from enterprise software provider Epicor. The study of over 1,800 business leaders from 12 countries claims that 54 percent of emerging market business executives cited “technology leadership” as a significant growth factor compared to just 36 percent of those in developed countries. The report claims that by recognising the importance of flexible technology and business systems in fuelling growth, executives in emerging markets are putting themselves in a stronger position when it comes to preparing for international expansion. Businesses that have more agile working practices can respond more quickly to changing market environments, making them more prepared to deal with the demands of growth.

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Office property sector leads global real estate market in sustainability

Office property sector leads global real estate market in sustainability 0

global-sustainabilityThe global real estate market is showing signs of improvement across all areas of environmental, social and governance performance (ESG) including a 1.2 percent reduction in energy consumption, 2 percent reduction in GHG emissions and close to 1 percent reduction in water use. It is also placing greater focus on occupant health and well-being. This is according to the latest data compiled by GRESB, a benchmarking organisation for real estate companies and funds which evaluates sustainability practices in the global real estate sector. In the results for the 2016 GRESB Real Estate, Developer and Debt assessments, which analyses the sustainability performance of more than 1,100 real estate portfolios of both private equity and listed companies, Australian entities outperformed all other regions with an average score of 74, which is 14 points above the global average; and office companies and funds outperformed other property types with an average score of 66.

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What do Millennials and Gen Z want from work? The same as everybody else

What do Millennials and Gen Z want from work? The same as everybody else 0

millennials-at-workMore evidence that younger people are in fact people after all emerges with the publication of a new report from Randstad and Future Workplace. The study of over 4,000 individuals worldwide claims that despite widespread belief, 41 percent of Generation Z employees believe that collaborative, corporate offices combined with a degree of autonomy and flexibility is their preferred way to work. They prefer bosses with strong communication skills, value face to face meetings, are irritated by distractions and believe they will probably have a career focussed oln one specific sector. As a follow-up to a previous study conducted in 2014, the Gen Z & Millennials Collide@Work report focuses on the impact of Gen Z entering the workplace for the first time and how Millennials are engaging with them. Both studies claim that Gen Z and Millennials continue to prefer communicating with co-workers and managers in-person in lieu of email and phone.

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HR remains unprepared for impact on the workforce of Brexit

HR remains unprepared for impact on the workforce of Brexit 0

One of the biggest impacts of the Brexit vote will be on recruitment and retention, but less than half of businesses have so far bothered to create a dedicated HR team, claims the latest Willis Towers Watson survey. The majority of companies (56 percent) instead continue to ‘wait and see’ before they take any action to prepare their organisation for Brexit. This is despite two-thirds (66 percent) of employers believing their business in the UK will be significantly affected by Britain’s vote to leave the European Union (EU), and 76 percent most worried about the impact of Brexit on the workforce. The report says that almost four-fifths (78 percent) of companies have begun a consideration of the implications of Brexit and more than half (60 percent) have conducted an assessment of what it means for key areas, but so far only 24 percent have carried out a detailed impact assessment and only a third (33 percent) have done any scenario planning.

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Acas issues guidance for line managers on how to run effective teams

Acas issues guidance for line managers on how to run effective teams 0

Business team at a meetingThe transition from team member to manager can be a challenge. Well trained front line managers are crucial for business performance but need the right tools to help them do their jobs says workplace experts Acas, which is calling on small businesses and larger companies to use its new guidance to ensure that staff are equipped to manage and care for their teams. The new guide highlights leadership, people management and strong organisational skills as three key areas for team leaders. It advises the managers should know how to build trust and respect with their teams, listen to their concerns and ideas. They should also learn how to manage tricky situations with people; for whether it’s staff members having family problems, two colleagues accusing each other of bullying, or jealousy in a team over nominations for training and bonuses. A good manager should also be effective at planning team work, rotas, budgets, and balancing their own time.

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Report published on employing older workers to help close labour gap

Report published on employing older workers to help close labour gap 0

older workersA new report – published to encourage employers to create more age friendly workplaces – warns of a widening labour gap in the UK. Between 2005 and 2015 the number of people working over the age of 50 in the UK increased by 2.5 million. By 2022, the UK economy will need to fill 14.5 million job vacancies created by people leaving the workforce and by new positions being created; but it is estimated that there will only be seven million young people available to fill them – leaving a labour shortage of 7.7 million people. Yet currently, one million older people who are not in work want to work and if just half of these were to move into employment GDP would increase by up to £88 billion a year. Business in the Community’s new report, Age in the Workplace, supported by the Centre for Ageing Better, advises employers on how to implement practical changes; such as introducing more flexible hours, which will help improve the recruitment and retention of older workers.

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Working from home just as unproductive and frustrating as working in an office

Working from home just as unproductive and frustrating as working in an office 0

working from homeIt’s always good to see academic research supporting ideas that would appear pretty obvious but go against a widely accepted narrative. So we should all welcome the results of a new study from researchers at the London School of Economics and Political Science, which found that the perceived benefits of working from home disappear over time for both employees and organisations when homeworking is a full-time arrangement. The report concludes that while previous studies have demonstrated how home workers are more productive than office-based workers, the LSE study of more than 500 employees shows that on a long term basis, there are no differences between home and office workers. The reason, according to Dr Esther Canonico from LSE’s Department of Management, the lead author of the report, is that employees no longer see home working as a discretionary benefit or a privilege when it becomes the norm in an organisation.

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Two thirds of US gig economy workers would choose not to repeat the experience

Two thirds of US gig economy workers would choose not to repeat the experience 0

gig economyWhile the number of independent workers in the US gig economy is expected to grow to 54 million people by 2020 and some 40 percent of workers have already experienced it according to MBO Partners: State of Independence in America 2016, a new online poll by Deloitte of nearly 4,000 workers found that 67 percent of those who have worked as an independent contractor would choose not to do so again in future. Additionally, more than 60 percent of employed workers said that their stability would suffer if they moved to independent contract work, and 42 percent worry about sacrificing good compensation and benefits. Four-in-ten respondents (41 percent) recognise that independent contracting offers more flexibility to work where, when, and how they want to as compared to full-time employment. However, respondents cite inconsistent cash flow and lack of employer-paid benefits as drawbacks that discourage them from pursuing independent work.

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British workers miss fewer days at work than those in rest of Europe

British workers miss fewer days at work than those in rest of Europe 0

Clocking inAyming, a business performance consultancy, has released its 8th absenteeism barometer, analysing workplace absenteeism and employee engagement across Europe. The research claims that UK workers missed fewer days at work last year than anywhere else in Europe, with 84 percent of workers at work each day. That compared to 72 percent in the rest of Europe, including 71 percent in France. By gender, the proportion of women in the UK who were at work every day was 88 percent surpassing that of men (83 percent). Employees aged 26-30 had the lowest attendance record – only 71 percent missed no days at work – while employees aged 51-62 had an attendance record of 92 percent.Despite the fact that UK workers took less time off work, British workers had the smallest proportion of happy and motivated employees, at just 23 percent. By contrast, 46 percent of German and 54 percent of Dutch employees regarded themselves as both happy and motivated.

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