Generation Y employees see themselves as risk averse

Gen YThe Generation that put the Y in N-E-E-D-Y is the subject of yet another survey, this time one reporting that its members view themselves as less entrepreneurial and more risk averse than either Generation X (30-49 year olds) and the baby boomer generation (50-69). The survey of nearly 3,000 people by monster.com and Millennial Branding found that just under a third (32%) of Gen Y workers consider themselves to be entrepreneurial, compared to 41% of Gen X staff and 45% of baby boomers. Similarly 28% of Millennial respondents identified themselves as not being averse to risk compared to 40% of Gen X and 43% of boomers.

More →

American Institute of Architects opens design and health project

Via Verde

The American Institute of Architects (AIA) is working with the Clinton Global Initiative and the Massachusetts Institute of Technology Center for Advanced Urbanism (CAU) to examine the relationships between design, urbanism, and public health. The collaboration is part of the AIA’s Decade of Design Commitment to Action, which aims to make positive changes through design in the global urban environment. Alexander d’Hooghe, director of the MIT CAU explained: “We are investigating the scale of urban design, architecture, as well as planning, in relation to health today, whether related to obesity, or to climate change.” More →

Global confusion in managing employee “data deluge”

employee data

Over a quarter of employers worldwide do not know how their workforce potential is affecting the company’s bottom line. A new report by talent measurement solutions provider SHL suggests HR managers are overwhelmed by the volume of employee data and struggle to elicit meaningful insight that will help drive businesses forward and deliver results. “Our research shows that even though organisations measure employee performance, they have historically focused on efficiency data, like how well an employee is performing versus data that allows them to make a strategic talent decision,” said Ken Lahti, vice president, Product Development and Innovation, SHL.

More →

Psychrometry is key to holistic energy efficiency

KS20 Psychrometry

A holistic energy efficiency strategy is needed to ensure a balance between efforts to make buildings more airtight and the need to increase ventilation. This is why an understanding of psychrometry is an increasingly important issue for the built environment. Psychrometry is used to prevent environments being created which are detrimental to health, either through too dry an atmosphere or conditions where damp and mould can flourish says the Chartered Institution of Building Services Engineers (CIBSE) which has issued new guidance.

More →

UAE’s infrastructure investment drives rapid construction sector growth

Abu DhabiThe full impact of high levels of government spending as well as private sector and foreign investment in infrastructure and development in the Gulf is evident in a new report from analysts RNCOS which claims that the construction sector in the United Arab Emirates (UAE) is set to grow from its current size of $39.4bn at the end of 2012 by a compound rate of 9.5% a year until 2016. The report breaks the market down into four major areas of development; retail, residential, office and hospitality. The follow on effects for firms offering products and services will, of course, also be substantial.

Companies must develop a social purpose to survive

Research-and-Futures-231x170

Company reputations could collapse in minutes and more firms will develop an explicit ‘social purpose’ according to a new report from Global corporate responsibility consultancy Corporate Citizenship. “Future Business: the four mega trends that every company needs to prepare for” identifies four mega-trends that it says are likely to shape the nature of business over the coming decade. According to the consultancy, over the last year the proportion of S&P 500 companies that report on sustainability performance has grown from one in five to over half and the over the coming decades, it expects at least as much change again.

More →

Updated: nearly all London boroughs seek exemption from office conversion plan

City-of-London

Earlier, we reported that London’s Mayor Boris Johnson openly believes that London’s key business districts should be exempt from proposals to allow offices to be turned into homes without planning permission. Now a report emerges from CBRE that all but a handful of London’s boroughs are to seek to make themselves exempt from the rules.  According to the research, only Barking and Dagenham, Greenwich, Croydon and Kingston are unlikely to seek an exemption. Four other boroughs are discussing plans with the Greater London Authority (GLA) and the remaining 25 are set to apply to make themselves exempt.

More →

Employee burnout commonplace in third of UK companies

Burnout

Employee burnout is endemic within a third of UK organisations. According to new research from recruitment specialist Robert Half UK three out of ten (30 per cent) UK HR directors reported high levels of employee burnout, which rises to more than a third (35 per cent) for those in London and the South East and publicly listed companies. Two thirds (67 per cent) of UK HR directors cite “workload” as the primary reason for employee burnout, although this figure rises to three quarters (75 per cent) for large and 73 per cent for public sector companies. More →

Companies failing to communicate flexible working policies

consumerization-320x240

Less than one fifth of staff are being encouraged to work flexibly, with businesses failing to reap the rewards of increased productivity and employee well-being resulting from modern work practices and technology. New research by O2 reveals that whilst staff are ready to embrace new ways of working and understand the benefits, it is employers who are holding them back. More than three quarters (77 per cent) of employers say that flexible working is actively encouraged across their organisation but less than a fifth (19 per cent) of staff say their company encourages them to work flexibly. More →

Brussels to challenge the UK in court on Green Deal VAT

Office at nightThe European Commission has confirmed intends to take the UK Government to court to force the Treasury to impose the full rate of VAT on energy-saving goods which are a key element of the flagship Green Deal energy efficiency scheme. The Green Deal is designed not only to improve the UK’s environmental performance but also boost the economy. The commission issued a statement yesterday confirming it would refer the UK to the EU Court of Justice over the practice of imposing reduced VAT rates on green goods which it claims break EU law and won’t deliver the aims of the government’s flagship Green Deal energy efficiency scheme.

“Groundbreaking” guidance on drivers for social change

Network for business sustainability

Businesses can play a key role in driving social change according to a groundbreaking new report. Whether through product labelling, supply chain management, employee volunteerism and partnerships with non-government organisations (NGOs), companies have the power to help people get active, eat healthy foods, use less energy and live more sustainable lives. Now a new guide based on a review of 123 studies from the last 20 years, released by the Network for Business Sustainability (NBS) provides the evidence for any business interested in cause marketing, social innovation or responsible consumption. More →

UK employment rises but pay rates are squeezed

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” More →