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Skills shortages lead to fall in wellbeing,  increased workload and decreased profitability 
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Skills shortages lead to fall in wellbeing,  increased workload and decreased profitability 

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wellbeingAccording to The Open University’s Business Barometer 2022 report, published in partnership with the British Chambers of Commerce, UK organisations are experiencing the knock-on effect of ongoing skills shortages, as more than three quarters (78 percent) report seeing reduced output, profitability or growth. The Open University’s annual report which sets out to provide an overview of UK skills , also highlighted the effect the skills shortage seems to be having on morale and wellbeing, as almost three-quarters (72 percent) of organisations say the impact increases workload on other staff. (more…)

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Four day week rejected by majority of SME leaders
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Four day week rejected by majority of SME leaders

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four day weekAround three quarters (76 percent) of UK business leaders are either unlikely or very unlikely to introduce the four day work week to their business, according to the latest quarterly UK SME CEO Confidence Index for Q2 2022 from Vistage. The study reports that the SME business confidence index hit 77 points, a 22 percent decrease since the last quarter. The index suggests that small and medium sized businesses overall feel pessimistic about the current economic landscape. 69 percent of SME leaders think that economic conditions have significantly worsened over the last 12 months. Only 5 percent predict that the economic landscape will improve over the next year, while 72 percent strongly believe that the economy will further deteriorate. (more…)

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Supply chain disruption sees costs and complexity ramp up
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Supply chain disruption sees costs and complexity ramp up

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supply chain disruptionTwo-thirds (66 percent) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandemic period, with nearly one in five in total (18 percent) retaining ‘significantly more’ stock. This growing focus on taking innovative measures to address supply chain disruption is highlighted in new research commissioned by IFS, polling over 1,450 senior decision-makers at large enterprises across France, Germany, Nordics, USA, the UK and the UAE. (more…)

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Hard up workers look to second jobs, side hustles and help from current employers
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Hard up workers look to second jobs, side hustles and help from current employers

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hard up workers and second jobsNine in ten UK employees have, or would be interested in a second job, as the COVID-19 pandemic and cost of living crisis sees hard up workers keen to increase incomes and turn hobbies into enterprises according to a poll in Benenden Health’s ‘Workforce of the Future’ report. It claims that almost one in three employees in the UK currently have a second occupation (29 percent), with half of these taking up their additional role during the pandemic. Meanwhile, another survey, from Culture Amp claims that six out of ten employees in the UK believe that their employers should help with the rising cost of living. (more…)

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Two thirds of those working from home suspect their employer thinks they are less productive
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Two thirds of those working from home suspect their employer thinks they are less productive

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working from homeEmployers appear to lack trust in their workers to decide where they are the most productive, with more people now returning to the office full-time. Whilst 76 percent of UK respondents said they are more productive working remotely or are just as productive as they are in the office, 65 percent also believe their employer is concerned they are actually less productive when working from home. According to the fifth quarterly Talent Index from Beamery, almost half of workers (44 percent) in the UK say they have been asked to return to the office full-time with almost nine out of ten (88 percent) saying their employer sees staff returning to the office as essential and important.  (more…)

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Four in ten people would take unpaid leave to get more time off 
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Four in ten people would take unpaid leave to get more time off 

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unpaid leaveNew research shows British workers are increasingly willing to take measures to achieve better work-life balance, as over 4 in 10 (43 percent) of UK employees would take unpaid leave to get more time off – the second highest amount of all European countries surveyed. The poll from SD Worx, claims that while people want to prioritise taking time off, the struggle is how to disconnect from the working world. Findings show that almost a third (32 percent) of UK employees check their work while they should be offline, and 34 percent say that it’s difficult to let go of workload when on holiday. (more…)

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Hybrid working now part of life at majority of organisations, but will it last?
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Hybrid working now part of life at majority of organisations, but will it last?

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hybrid workingA new poll from the CIPD suggests that more than three-quarters of organisations have  now embraced hybrid working through a mix of formal and informal arrangements. However, employers are split over whether the move to new ways of working will last or if organisations will go back to pre-pandemic ways of working. In response, the CIPD is urging employers to seize the moment to develop and embed new ways of working that will ultimately benefit organisations and their people. (more…)

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People become chameleons to fit in with strong workplace culture
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People become chameleons to fit in with strong workplace culture

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People struggle to express themselves authentically at work because they feel a need to conform to the tenets of the workplace culture, Dame Inga Beale, the former and first female CEO of Lloyd’s of London, told ESCP Business School. Speaking on the school’s ‘We All Make Mistakes’ podcast to the host and Professor of Entrepreneurship Ben Voyer, Dame Beale said that companies with a strong traditional culture can be resistant to modernisation as new employees are either absorbed into the current culture, or decide to leave. (more…)

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Physical activity could boost UK economy by up to £17 billion
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Physical activity could boost UK economy by up to £17 billion

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physical activityThe fitness and leisure sector holds the key to encouraging physical activity which could save the UK economy up to £17bn a year, according to a new report from ukactive. The report’s authors have called on the Government and its partners to work with the fitness and leisure sector to get the nation’s workforce physically active, as new research from Deloitte shows it could benefit the UK economy by up to £17bn a year.  The landmark report was commissioned by IHRSA (International Health, Racquet and Sportsclub Association) on behalf of the Global Health and Fitness Alliance. (more…)

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Poor mental health twice as likely to affect underappreciated workers
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Poor mental health twice as likely to affect underappreciated workers

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mental healthUnappreciated employees are  ‘twice as likely’ to experience poor mental health, a study into workplace recognition claims.  The Employee Recognition Survey conducted by Wildgoose, surveyed employees from 133 different UK companies. It asked them whether they receive enough praise and appreciation, how they would react to a lack of recognition and how companies could better meet their ‘recognition needs’. (more…)

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People try to claim shared desks by leaving personal stuff on them
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People try to claim shared desks by leaving personal stuff on them

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shared desksWorkers place personal items such as photographs on their desks in order to resist a change to a shared workstations or hot desking, according to new research from emlyon business school. The research found that employees believed is the most effective approach to show their dissatisfaction and halt the change to a new way of working involving shared desks is by passively utilising their personal items to claim space. These are the findings of research by David Courpasson, Professor of Sociology at emlyon business school, alongside colleagues from Universite Catholique de Louvain and published in Human Relations Journal. (more…)

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UK is third most attractive place to work in Europe
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UK is third most attractive place to work in Europe

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most attractive place to workThe UK is the third most attractive place to work in Europe and experienced a stronger “brain-gain” than other major economies, according to a report from job site Indeed. It analysed nearly one billion data points including more than 800 million cross-border job searches and over 100 million job postings and found that cross-border searches by European jobseekers are up 13 percent from their pandemic low of -32 percent.   At the same time, Europe has become increasingly popular to jobseekers outside of the continent: inbound searches from jobseekers based outside Europe are a staggering 38 percent above the 2017-19 average, up from the pandemic low of -31 percent. (more…)

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