ESG issues top wish-lists for investors and employees

ESG issues top wish-lists for investors and employees

by • Environment, News, Workplace

ESGThe annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. More →

Office still important for nurturing friendships and inclusivity, report claims

Office still important for nurturing friendships and inclusivity, report claims

by • Flexible working, News, Workplace

office friendshipsThe physical office remains vital for nurturing friendships, and supporting a diverse and inclusive workforce, according to O.C. Tanner’s 2022 Global Culture Report which analysed the perspectives of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K. Around two thirds (63 percent) of U.K. workers admit that it’s more challenging to form new friendships with colleagues when working remotely, and 58 percent of workers state that the office is where most of their new friendships are formed. More →

Despite the talk of the Great Resignation, most people actually enjoy their jobs

Despite the talk of the Great Resignation, most people actually enjoy their jobs

by • Jobs, News, Workplace

great resignation happyWhile many people may be busy considering their career options as part of the ‘Great Resignation’, a new poll claims that the majority of Brits actually enjoy their jobs. According to data from HR software provider CIPHR around two-thirds (65 percent) of the 1,031 employees polled said they either love or like their current jobs (19 percent and 46 percent respectively). CIPHR took the findings of how people feel about their jobs and grouped people with related job titles together (using the Office for National Statistics’ standard occupational classifications) to compile a list of the UK’s best-loved – and also least-liked – occupations: www.ciphr.com/uks-favourite-jobs. More →

Skills crisis intensifies as demand for white collar jobs outstrips supply

Skills crisis intensifies as demand for white collar jobs outstrips supply

by • Jobs, News

skills crisisDemand for people to fill permanent and contracted white-collar jobs while the UK continues to battle a skills crisis. That’s according to the latest Recruitment Trends Snapshot report from The Association of Professional Staffing Companies (APSCo). The data provided by Bullhorn, claims that demand for contractors was also up year-on-year, increasing 38 percent. Month-on-month figures also showed a spike in jobs, with permanent and contract vacancies increasing 104 percent and 78 percent between December and January, which can be attributed to a bounce back following a seasonal lull. More →

New RICS framework aims to “put people at heart of commercial property”

New RICS framework aims to “put people at heart of commercial property”

by • Flexible working, News, Property

commercial property and peopleA new framework from the Royal Institution of Chartered Surveyors has been designed to improve building use, support flexible working and put people at the heart of decision making about commercial property. RICS says the International Building Operation Standard will provide organisations an interactive easy-to-use framework, supported by an assessment tool, to measure and benchmark building performance, by collecting consistent data to satisfy the latest needs of occupiers, investors, advisors and end users. More →

Record pay rises on the cards to address tough recruitment conditions

Record pay rises on the cards to address tough recruitment conditions

by • News, Workplace

record pay risesEmployers anticipate offering record pay rises of 3 percent in 2022 as they look to combat increasing recruitment and retention difficulties. This is the headline finding from the CIPD’s latest quarterly Labour Market Outlook, which highlights the scale of the growing challenge facing organisations in finding and keeping staff, and how they are responding. This quarter’s pay award figure is the highest since the survey was conducted using its current methods in the winter 2012/13 report. The Labour Market Outlook surveyed more than 1,000 employers in January 2022 about their hiring, pay and redundancy intentions for the first quarter of the year. More →

Women demand employer support to work through menopause

Women demand employer support to work through menopause

by • News, Wellbeing

menopause at workResearch commissioned by Gympass  claims that many women are struggling to work through menopause, with empathy and support at the office in short supply. According to the survey, 81 percent of the women aged 45-64  say their employer doesn’t provide help and 66 percent didn’t feel able to speak to their boss about the challenges they face at work. More →

Wellbeing strategies often fail to align with business objectives

Wellbeing strategies often fail to align with business objectives

by • News, Wellbeing, Workplace

wellbeingEmployers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. More →

ESG concerns mean half of younger workers considering career change

ESG concerns mean half of younger workers considering career change

by • News, Workplace

Ethical behaviour ESGCompanies across the UK risk losing out on top talent if they fail to take account of younger workers’ greater ethical awareness, with the majority willing to sacrifice earnings for their values. New research by Robert Half claims that nearly two in five (38 percent) employees would look for a new role if they thought their organisation was not doing enough on ESG (environmental, social and governance) issues, such as reducing carbon emissions or operating ethically. More →

Climate change risk should be factored in to investment decisions

Climate change risk should be factored in to investment decisions

by • Environment, News

Ahead of mandatory requirements to disclose climate change related risks coming into force in April 2022, the UK Green Building Council (UKGBC) has published a new Framework providing businesses with a consistent methodology for measuring climate-related risks across their built assets, as well as empowering asset owning businesses of all sizes to better understand and plan for the physical risks of climate change. More →

Remote work monitoring software used by four in five employers

Remote work monitoring software used by four in five employers

by • Flexible working, News, Technology

remote work monitoringAccording to a new report from Instant Offices (registration), four in five employers whose staff are offered hybrid or remote work are already using employee monitoring tools to track work performance and activity. According to the study: 78 percent of companies report using employee monitoring software to track worker performance and online activity; 73 percent say stored recordings of calls, emails, and messages have affected team members’ performance reviews; over 50 percent say they are implementing non-traditional monitoring techniques; and 94 percent of employers track emails.  More →

New business climate demands agility from managers, report claims

New business climate demands agility from managers, report claims

by • Business, News

new business climate demands agilityA new report, The Big Reset Playbook: Change Agility (registration) from work trends analyst The Josh Bersin Company, claims that traditional approaches to change management have often fallen short of expectations, and that new workplace practices based on agility are now needed to manage change in a new business climate.  According to the report ‘businesses are looking to tackle the challenge of managing change in a new reality that includes the shift to hybrid working, globalization and The Great Resignation’. The research claims that in companies that successfully manage change, leaders and high performers reinforce the company’s mission and purpose, explain how their reinvented business models work, create cross-functional teams to design and implement change, and maintain forward momentum.  More →

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