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

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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from Samsung suggests that the stereotype of the typical small business owners as a person who work around the clock is outdated.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…)

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HR profession should rebrand and shift its focus, claims a new report
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HR profession should rebrand and shift its focus, claims a new report

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A group of people bump fists to illustrate the challenges facing the HR professionThe time has come to re-brand the human resources profession and shift its focus from processes to people, a new report from Sage claims. The authors claim the study emphasises the scale of the challenge facing teams, with 92 percent of executives believing the perceived value of human resources is a challenge for the profession.  The poll of more than 1,000 HR and C-suite leaders working in SMBs across six of the world’s largest economies also highlights that 81 percent of human resources professionals are feeling burnt out and 62 percent are considering leaving the industry.  (more…)

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Workplaces are plagued by classism, report claims
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Workplaces are plagued by classism, report claims

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Toffs and Toughs famous photo that illustrate class divide and classismA new poll claims to highlight the need to tackle classism at work, with 57 percent of employees witnessing discrimination or a lack of inclusivity in the last year alone. A third of UK employees say classism is active in their workplace, according to the 2022 Diversity & Inclusion in the Workplace Report from Wildgoose. The report is based on a survey of employees from 133 UK workplaces. It asked if their workplace is an inclusive environment, what areas of diversity their organisation could improve upon, and whether they have experienced discrimination or inequality in the workplace. (more…)

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Imposter syndrome stands in the way of people aiming for a ‘portfolio career’
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Imposter syndrome stands in the way of people aiming for a ‘portfolio career’

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A man holding a mask away from his face to show how imposter syndrome is holding back people wanting portfolio careers.A new report from the UK’s Department for Education claims that over half of adults in England (52 percent) would consider developing a portfolio career if they had more confidence in their own abilities. The figure rises to 71 percent for those working in HR, and 45 percent of workers would do so if they suffered less from so-called imposter syndrome. The research comes as the Department for Education launched a new campaign earlier this year calling for skilled workers to pass on their valuable experience by teaching in further education (FE). The campaign promotes the flexibility of teaching part-time in FE, enabling industry professionals to ‘change lives without changing careers’ by passing on their work-based skills and knowledge to the next generation of learners in their field alongside their current job. (more…)

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People become dysfunctional in the face of restrictive management controls
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People become dysfunctional in the face of restrictive management controls

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A wooden mannequin to illustrate the issue of management controlsEmployees who perceive management controls to be restrictive and punitive will develop dysfunctional and negative responses to the organisation where they work, according to a new study involving the University of East Anglia (UEA). These responses might be observed through what the researchers call ‘workplace deviance’ – for example absenteeism, reducing effort, daydreaming, taking longer breaks – and turning a blind eye, also referred to as ‘deliberate ignorance’ by the research team from the UK and Spain. (more…)

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Two thirds of young professionals now have a ‘side hustle’ to make ends meet
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Two thirds of young professionals now have a ‘side hustle’ to make ends meet

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A relaxed looking young man sitting at a desk to illustrate the idea of a side hustleTwo thirds of professionals under the age of 24 claim to have a ‘side hustle’ – with 74 percent stating it is ‘too risky’ to focus on just having one job as they may have done pre-pandemic. In a poll – of 6,000 white-collar professionals – undertaken by recruitment consultancy Robert Walters; 54 percent of young professionals expressed a desire for a ‘portfolio career’ – the concept of monetising your skills in several ways and having multiple income sources, rather than a single job at one company. (more…)

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Hybrid working is now an essential part of many job offers
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Hybrid working is now an essential part of many job offers

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A bunch of carrots to illustrate how firms are using hybrid working and other benefits to attract talentA new US study conducted by IWG  claims that employers view the hybrid working model as an essential part of their toolbox when it comes to recruitment, hiring and retention, with nearly 95 percent of HR leaders saying it is an effective recruitment tool. Released today, the ‘HR Leaders & Hybrid Working Report’ examines findings from a poll of more than 1,000 HR professionals at managerial and board level. (more…)

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Major new report offers snapshot of hybrid and remote work debate in the US
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Major new report offers snapshot of hybrid and remote work debate in the US

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Two colleagues in a coworking space to illustrate how hybrid and remote work is changingOwl Labs and Global Workplace Analytics have just released their sixth annual State of Remote Work report. Based on a survey of over 2,300 full-time workers across the United States, the report reveals the latest trends and perspectives on a range of issues from remote work and hybrid work, trust, intent to move, training offered, workplace redesign, intent and reasons for quitting, technology needs, employee surveillance, the 4-day workweek, and more.

(more…)

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Investment in real estate upgrades stalls in face of economic and business challenges
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Investment in real estate upgrades stalls in face of economic and business challenges

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An image of some offices to illustrate the challenges facing real estate investors Research by ULI and PwC claims that nearly half of Europe’s real estate leaders are concerned about buildings becoming obsolete in the next five years in the face of long-term upheavals in demographics, climate change, technology and lifestyles. Most of the 900 or so industry leaders that participated are making long-term resources available to address the fit-for-purpose agenda. However, the challenging business environment has reshuffled priorities to financing and high construction costs, and scarcity of resources has made real estate renewal more expensive to achieve, consequently delaying much needed investment. (more…)

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Vast majority of unemployed over-50s planning to return to work
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Vast majority of unemployed over-50s planning to return to work

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An exclusive survey of over 50s by the UK’s leading independent job board, CV-Library, claims that an overwhelming 91 percent of inactive workers in the age bracket intend to return to work.  The Office for National statistics (ONS) recently revealed that the number of people aged 50-64 who are economically inactive has increased by 3.6 million, a rise of 10 percent since before the pandemic and the survey results support this with 41.5 percent reporting that they either left a job or have been out of work since then, but a turnaround looks imminent. (more…)

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The networks people build often hold them back rather than help them
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The networks people build often hold them back rather than help them

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Laurel and Hardy to illustrate the problems we have with the networks we createThe networks of ties we build in the workplace are key to our success and performance. Yet, researchers at ESMT Berlin claim in a paper published in the Academy of Management Journal that we often build networks that hamper our performance. Professors Gianluca Carnabuci and Eric Quintane, both from ESMT Berlin, investigated how and when people build networks that allow them to perform at their best. To this end, they conducted a longitudinal field experiment within a business unit of a large semiconductor company, tracing the network and performance of each employee over two and a half years. (more…)

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Retrofitting buildings essential to reduce energy costs and combat the global energy crisis
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Retrofitting buildings essential to reduce energy costs and combat the global energy crisis

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A tree lined street to illustrate the green benefits of retrofitting buildingsA new report from JLL claims that rising energy costs are expediting the move toward more efficient buildings. JLL’s Retrofitting Buildings to be Future-Fit research suggests that net-zero carbon (NZC) intervention measures directly impact a building’s bottom line and that failing to decarbonise leads to significant financial risk. For many buildings, meeting 2050 decarbonization targets put forward in the Paris Climate Agreement is grounded in retrofitting current spaces, which can also garner higher rents, reduce financial risk and generate higher occupancy rates and tenant satisfaction. (more…)

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