Cost of living will become biggest challenge for HR over the next year

Cost of living will become biggest challenge for HR over the next year

A new poll from employment law and HR consultancy firm, WorkNest, claims that 70 percent of HR professionals believe that the cost of living will be their most significant challenge for 2023. This was closely followed by retention (69 percent) and recruitment (55 percent). A third of those questioned also see skills shortages (34 percent) as a significant HR challenge next year, and employee engagement (24 percent).   More →

Majority of firms currently using technology to plug talent gaps

Majority of firms currently using technology to plug talent gaps

In the face of hiring and skills issues, 77 percent of UK organisations say they are finding ways for technology to do jobs formerly performed by people, according to a new poll from Rackspace Technology.  According to the survey, two thirds (64 percent) of UK companies are downsizing their staff, facilitated by technology, out of a necessity, with roles in customer service the most likely to be automated, as identified by 70 percent of business decision makers – followed by IT operations (62 percent), sales and marketing (57 percent), business operations (56 percent), and HR and admin (56 percent). More →

The roots of modern ergonomic seating go back to the late 19th Century

The roots of modern ergonomic seating go back to the late 19th Century

An illustration of how ergonomic seating can help people work in different waysAlthough the invention of the swivel chair – and by extension ergonomic seating – is largely credited to Thomas Jefferson, the roots of its industrialisation and our modern approach to ergonomics lie in Europe. It was here nearly one hundred years ago that Albert Stoll first introduced the world to the Federdreh, the legendary chair that is the common ancestor of every task chair that has followed. More →

Borderless working will erode company culture, bosses fear

Borderless working will erode company culture, bosses fear

A lighthouse to illustrate the challenges of working in isolation as a metaphor for borderless workingA poll from Perkbox claims that almost half of businesses moving towards more borderless working (47 percent) are concerned how the shift will impact their company culture. These concerns stem from perceptions around managing a globally distributed workforce and the challenges this can bring. For example, a third of business leaders (33 percent) say different time zones make collaboration less effective. Meanwhile ,31 percent state inconsistency in different employee expectations around benefits or working styles causes friction between borderless managers and their teams. More →

Lease cycle means West End office market will ‘reset’ by 2025

Lease cycle means West End office market will ‘reset’ by 2025

An ancient snakes and ladders game board to depict the vicissitudes of the office market in LondonA BNP Paribas Real Estate analysis claims that London’s West End office market is on course to ‘reset’ by 2025 following a major leasing event cycle commencing in 2023, which will see a flurry of renewals, expiries and break clauses executed by both landlord and tenant, which will alter the market as we know it by the milestone year.  According to the firm’s own West End data, 40 percent of the market will have a lease event in 2023 and 2024, with equally large volumes to follow in the two subsequent years. This freedom of tenant movement coupled with a restricted supply line, could drive rents on prime buildings from their current 2022 position of £140 sq ft to £200 sq ft in 2023 and £250 sq ft in 2024, and further into 2025 where the initial cycle ends. More →

Some work distractions can actually reduce stress levels

Some work distractions can actually reduce stress levels

Two people have a coffee to illustrate the value of some work distractionsPositive interventions that distract us from difficult tasks actually help to reduce our stress levels, according to new research published in the Journal Work & Stress. The study, conducted by an international team of researchers at WHU – Otto Beisheim School of Management and Trinity Business School suggests that short positive work distractions can help people to overcome daily demands like dealing with annoying emails or the tasks they dread. In turn, this allows them to be more engaged, creative, and helpful toward their coworkers. More →

Business owners lose sleep over impact of mental health on their business, but don’t act

Business owners lose sleep over impact of mental health on their business, but don’t act

An illustration of the insides of people's head to depict poor mental health A new poll claims that the majority of business leaders say that mental health support isn’t available for their employees or isn’t utilised enough, despite acknowledging how poor mental health impacts business performance. The survey was conducted by GoProposal and is based on 750 small business owners in the UK. It claims that over half of businesses (55 percent) either have no mental health support in place for their employees or have support processes that aren’t used enough. More →

EU approves major funding increase for new circular economy and clean energy projects

EU approves major funding increase for new circular economy and clean energy projects

The European Commission has approved more than €380 million of funding for 168 new projects across Europe as part of its LIFE Programme for the environment and climate action. As part of the European Green Deal, it believes that the projects funded can help the EU become climate-neutral by 2050 and reach climate, energy and environmental goals. They aim to support biodiversity, nature restoration and a circular economy while contributing to the clean energy transition across the continent. More →

Mental health flagged as major concern in HSE annual stats

Mental health flagged as major concern in HSE annual stats

The nose of a black dog, as a metaphor for work related mental health issuesThe estimated number of workers in Great Britain suffering from work-related illness is 1.8 million with mental health issues related to stress, depression, and anxiety making up around half of all cases. That is the headline figure in the latest annual statistics report from the Health and Safety Executive (HSE). The figures from the workplace regulator show there were an estimated 914,000 cases of work-related stress, depression, or anxiety in 2021/22. An estimated 17 million working days were lost due to work-related stress, depression, or anxiety in 2021/22. This is over half of all working days lost due to work-related ill health.

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Firms should focus on people in the drive for long term growth

Firms should focus on people in the drive for long term growth

A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. The Magnetic Workplace Barometer claims to gauge confidence both today and in five years’ time across  what the report terms the three main pillars of productivity and infrastructure; employee engagement; and culture. The barometer scores are scaled from 1 to 7, 7 being the most confident. More →

Inconsistent flexible working strategies drive people away from businesses

Inconsistent flexible working strategies drive people away from businesses

A group of people in a shared flexible working / coworking spaceA new poll of 3,450 people in a dozen countries from Unit4 claims that around two in five organisations have lost employees over the last year because they believed they would enjoy better flexible working options elsewhere. While most firms now have a formalised approach to flexible working, the report claims that policies vary enormously, exacerbating the challenge of recruiting and retaining people for those firms with an inconsistent approach.  More →

Half of small business owners have no fixed working hours at all

Half of small business owners have no fixed working hours at all

A smiling small business owner works at a laptop with coffeeA new report from Samsung suggests that the stereotype of the typical small business owners as a person who work around the clock is outdated. Around half of full-time business owners in the UK say they have no fixed work hours at all, preferring a fluid workday set up. One-third (31 percent) of business owners also said they commit to fewer than 7 hours as a typical core working day, preferring to work when optimal to their businesses. More →