Third of Millennials more engaged by contributing to company vision than a high salary

Third of Millennials more engaged by contributing to company vision than a high salaryThe younger generation of workers say high visibility and the chance to help influence the workplace culture is of much more importance than the size of their pay packet. When asked by US-based firm Futurestep what matters most to them as employees, the greatest number of Millennial respondents – those born after 1980 – (23%) said it was “the ability to make an impact on the business,” followed by “a clear path for advancement” (20%) and “development and ongoing feedback” (16%). Income came in at fourth place at 13 percent. When questioning what makes Millennials choose one job over another, more than a third (38%) said “visibility and buy-in to the vision of the organization” while 28 percent said “a clear path for advancement.” “Job title and pay” came in third place at 18 percent.

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Men and women have differing views on equal pay and opportunities

Gender pay gapMen and women have differing views on the pay and career opportunities available to female employees in the workplace, according to a report published today by recruitment firm Hays. The report is based on a study of 6,000 employees which found that just under half (45 percent) of women think that equally qualified and capable male and female colleagues are not paid the same compared to around 20 percent of men. The survey also produced an almost identical result when respondents were asked whether the same career opportunities were available to both sexes, with 21 percent of men and 48 percent of women claiming that both genders enjoyed the same opportunities. Overall both sexes agree that quotas are not the best solution to any mismatch with just 9 percent agreeing that they would have a major impact.

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Best performing office buildings included in the annual BREEAM awards

Publication1A Grade A listed building at London’s King’s Cross; a former industrial warehouse complex in London’s Clerkenwell and an office building off Paris’ Champs-Elysées were among the award winners for best performing buildings assessed under sustainable buildings standard BREEAM. Over 50 green projects from across Europe were shortlisted with eight awards going to UK-based projects and four others shared equally between France and Norway. Winner of ‘offices new construction’ is One Pancras Square, a Grade A office building based at the gateway to the King’s Cross development. ‘Offices in use’ winner Washington Plaza is a 47,097 sq.m office building, at 42 rue Washington 75008 Paris. ‘Offices refurbishment and fit-out’ winner Morelands sits at the junction of Old Street and Goswell in London’s Clerkenwell area and comprises a cluster of warehouse buildings built around a U-shaped courtyard.

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Majority of UK workers concerned about their ability to retire

Man-with-empty-pockets-006A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

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People with mental-health issues should be helped to stay at work, says OECD

Over a third of sickness and disability in OECD countries related to mental ill-healthAround 30 percent to 40 percent of all sickness and disability caseloads in OECD countries are related to mental-health problems finds a new OECD report. Fit Mind, Fit Job: From Evidence to Practice in Mental Health and Work reveals that the total cost of mental illness is estimated at around 3.5 percent of GDP in Europe.  People with mild to moderate disorders, such as anxiety or depression, are twice as likely to become unemployed. They also run a much higher risk of living in poverty and social marginalisation.  But although most people with mental health problems are in work they struggle; with 7 in 10 of them in 21 countries of the European Union reporting that they are underperforming at work. While a heavy workload and stress may add to mental health problems, the evidence shows that staying at work is also part of the solution if appropriate support is provided.

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Over half of workplace support staff are privy to confidential conversations

Over half of workplace support staff are privy to confidential conversationsFacilities managers often remark that ensuring their staff gain the recognition they deserve for a job well done is much less common than fielding criticism when something in the workplace goes wrong. The fact is that when support staff are doing their work well, they fade into the background. For many office workers, the people who clean the workplace, deliver the mail, keep the building secure and make sure everything in the office is running smoothly; are all but invisible. But, as a new US survey by CareerBuilder suggests – support staff may know more a lot more about the occupants of the workplace than would make those people comfortable. Fifty-three percent of support staff workers have overheard confidential conversations at work, and 11 percent of support staff workers have stumbled upon information that could cause someone to be fired.

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Majority of UK workers happy with work life balance, claims report

work life balanceA new report from private bank Investec claims that three quarters of the UK’s professionals working in fields such as law, finance and healthcare are happy with the current balance between their work and personal life. The survey of 2,000 people suggests that just a quarter (25 percent) claim to be unhappy with their work life balance and a third (32 percent) say that their friends and family would describe them as ‘workaholics’. However, a third (33 percent) are also confident of an improvement in their work life balance over the next five years even though the same proportion also claim that the past five years have seen it decline since 2010. Workers in London are most optimistic despite the fact they are most likely to see themselves as workaholics with nearly half (45 percent) feeling optimistic about the future state of their working and personal lives.

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Female empowerment within UK workforce on rise but too few in full time jobs

Women in work indexA strengthening economy has helped the UK to rise up to 14th position out of 27 OECD countries in PwC’s annual Women in Work Index, but it still lags well behind many other countries in overall female economic empowerment. The Nordic countries continue to lead the Index, with Norway maintaining pole position, followed by Denmark and Sweden. These three countries have consistently occupied the top three positions in the Index since 2000 and the reason is that they all have a much fairer balance between genders on managing work and family life. By comparison, although the UK is in the top 10 performing OECD countries on female participation in the labour force, this is negatively impacted due to the low proportion of women in full-time employment; suggesting that flexible working  is having a negative impact on many women’s career prospects.

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Video and gallery: Google’s new Silicon Valley headquarters

google10cropGoogle may be having second thoughts about the design of its new London offices, but it is rather less reticent about that of its new Silicon Valley headquarters. It plans to transform a 2.5 million square foot site in the Californian city of Mountain View into a home for around 10,000 workers. The pastoral setting has been designed by Thomas Heatherwick and Bjarke Engels and incorporates parkland dotted with glass buildings including some Eden Project like geodesic domes. Unsurprisingly the campus buildings have been designed to achieve a LEED platinum accreditation and cars are largely discouraged from the site. Heatherwick has described the plans as humanistic and the plans include a number of community facilities including a new public safety building, two new parks, an educational science centre and even a residential development on neighbouring land.

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US FCC agrees net neutrality deal to classify Internet as a public utility

digiCord_t479The US Federal Communications Commission (FCC) has announced a reclassification of the Internet as a public utility for the first time. It follows last month’s call from the UK Government for a similar approach to ensure that everybody has equal access to the online world. The FCC ruling specifically forbids Internet service providers creating a range of fast and slow services as a way – critics argued – of hijacking the Internet to gain monopolistic control over the digital economy and favour larger websites able to afford the higher rates. The ruling on ‘net neutrality’ has been broadly welcomed, not least by those campaigners who have argued for years that it would mean an end to the Internet as we have known it; an open platform that offers equal opportunities to all users and content providers and so fosters innovation.

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Lack of sleep of over a third of workers could be costly to the US economy

pillow02Forty-two percent of U.S. adults are getting less than seven hours of sleep on a typical night, the minimum number of hours recommended by the National Sleep Foundation for those aged 18 and older. Gallup research reveals not getting enough sleep is not only linked to lower well-being for individuals, but it is also costly to the U.S. economy. Employees may not have enough time to sleep because of working long hours, family obligations, insomnia or having poor well-being in other areas. For example, poor physical well-being, social isolation or financial strain could adversely affect quantity of sleep. According to Gallup, employers should explore interventions to promote the value of sleep and its link to employees’ well-being, as this relates to engagement, healthcare costs and productivity. When possible, they may want to allow employees to work flexible hours, which could make it easier for workers to balance work and family demands with getting enough sleep.

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Government makes public sector work more attractive and accessible for SMEs

public sector procurementThe latest changes to public procurement regulations in the UK have now come into force, which the Cabinet Office claims will make it easier for businesses to win government and other public sector contracts. The new regulations have a particular focus on making work more accessible and attractive for small and medium sized enterprises. The key reforms which came into force on the 26 February include the abolition of a pre-qualification stage for procurements below the EU thresholds and a requirement to take account of guidance on qualitative selection issued by the Cabinet Office for above EU threshold; the requirement for contracting authorities to insert provisions in all public contracts to ensure prompt payment through the supply chain; and the requirement to advertise as many public sector opportunities in one place (Contracts Finder), and to publish award notices for contracts and call-offs from framework agreements.

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