Growing number of people past retirement age still work to boost income

Growing number of people past retirement age still work to boost income 0

grey poundFor all that everybody bangs on about Millennials, it’s increasingly apparent that the workforce in most nations is actually getting older and that it’s not just Governments who are keen to keep older staff in work, but also people themselves. A new study from MetLife based on Government data claims that nearly one in seven over-65s in the UK are boosting their retirement income by working, earning around £296 in addition per week. The data suggests that the numbers of over-65s working has increased from just 8 percent of the pensioner population to 13 percent in the last ten years, the equivalent of 1.1 million people.  Median earnings from working are £296 a week adding up to annual pay of nearly £15,400. The need to keep working is underlined by the continuing squeeze on saving and investment income, which generates just £312 a year for pensioners on average. The proportion of pensioners earning money from investments has dropped from 72 percent in 2004/05 to around 64 percent now. Around 72 percent of all pensioners have private or company pensions compared with 66 percent a decade ago.

A third of people have experienced mental health issues while working

A third of people have experienced mental health issues while working 0

Mental health and workAccording to new research from the Chartered Institute of Personnel and Development, the number of people saying that they have experienced mental health issues while in employment has climbed from a quarter to a third over the last five years. Despite this, the majority of employees still don’t feel that people experiencing mental health issues are supported well enough at work. In response, the CIPD is calling on organisations to take a more preventative approach to employees’ mental wellbeing, encouraging a culture of openness in their workplace, whilst at the same time, training line managers to provide and signpost support for employees, in order to create healthier, more engaged and more productive workplaces. The new research from the CIPD claims that in 2016, almost a third (31 percent) of the over 2,000 employees surveyed said they have experienced a mental health problem at some point during their working life, compared with a quarter (26 percent) in 2011.

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Seven ways managers and employers can build trust in the workplace

Seven ways managers and employers can build trust in the workplace 0

TrustHow many people in the workplace genuinely trust their managers and employers? It’s a question that we should ask because the answer unfortunately is not as many as you might think. It’s almost certainly well below what an organisation supposes or expects. For example, a recent study by strategic communications firm Edelman found that one in three employees don’t trust their employer. Another related study by consultants EY found that the number might well be even lower, with only 46 percent having trust in their organisation, and 49 percent in their line manager and team mates. This situation has been allowed to develop in spite of the fact that trust is one of the most important things we all need in the workplace. Without it we won’t have the environment we need for an effective feedback culture to grow and for people to feel engaged with what they do and for whom they work. So how can you help close the trust gap between employees and managers?

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Majority of employees think screening Olympics will boost productivity

Majority of employees think screening Olympics will boost productivity 0

OlympicsScreening sporting events in the workplace may increase productivity, according to research released by employment law specialist Peninsula. In a survey of 894 employees across the UK, 64 percent reported being more productive as being allowed to watch sporting events at work. The survey, which claims to examine how businesses managed employees during the first half of the summer of sports also revealed that 46 percent of employees want clearer policies regarding watching sporting events at work. This related to the fact that employers only showed certain games during Euro2016 and didn’t show any of the Wimbledon tournament. 51 percent of respondents also called for employers to be more flexible during major sporting games allowing them to start late, leave early or swap with colleagues. 24 percent said that a lack of flexibility would encourage their decision to call in sick in order to watch their favourite sporting event.

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Working with people and on complex tasks slows cognitive decline

Working with people and on complex tasks slows cognitive decline 0

hands-heroWorking on complex tasks and work that is based on interactions with other people rather than data or things appear to protect against cognitive decline, according to research presented at the Alzheimer’s Association’s International Conference in Toronto. Researchers in two separate studies claim that people whose work requires complex thinking and activities are better able to withstand the wider causes of cognitive decline. The results suggest that working with people, rather than data or physical things, contributed the most to the protective effect and could offset the widely reported effects of a Western diet on cognitive ability. Researchers found that people with increased white matter hyperintensities (WMHs) – white spots that appear on brain scans and are commonly associated with Alzheimer’s and cognitive decline – could better tolerate WMH-related damage if they worked primarily with other people rather than with things or data.

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Workplace design that hands people control is the key to their wellbeing

Workplace design that hands people control is the key to their wellbeing 0

Workplace DesignGiving employees more control over workplace design is the single most important contributing factor to their wellbeing, according to a new study. The Workplace & Wellbeing report examines the workplace design factors that influence wellbeing. The research team discovered that an invitation to participate in the design of the work environment raised levels of wellbeing, although increasing the level of participation did not necessarily increase the level of wellbeing. The research was led by the Royal College of Art’s Helen Hamlyn Centre for Design in partnership with architects Gensler and supported by a consortium of leading industry names: Milliken, Bupa, Royal Bank of Scotland, Kinnarps and Shell. The context for this project lies with a current ‘wellbeing deficit’ in the workplace which means absence from work costs the UK economy more than £14 billion a year according to the Confederation of British Industry.

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Third of working parents struggle to find childcare during the summer

Third of working parents struggle to find childcare during the summer 0

Flexible working fatherThe summer can bring challenges for families and it seems the UK’s employees aren’t always that sympathetic. A new survey by Cotton Traders has found that almost a third of parents struggle to find childcare across the summer holidays (29 percent) and overall a quarter of parents have to take unpaid leave from work to cover childcare.  The survey of 1,500 UK adults also found that 36 percent find it difficult to get time off work in the summer to spend time with family; almost half of parents (48 percent) think that having a more flexible workplace would help with this; 29 percent of parents dread the summer holidays due to the stress of finding childcare and 26 percent of parents work from home during the school holidays to spend more time with their children.  There’s a lot of pressure on parents – 34 percent said that their children would be disappointed if they didn’t go on holiday abroad and 31 percent feel pressurised to do this.

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Many UK workers don’t think current employee benefits meet their needs

Many UK workers don’t think current employee benefits meet their needs 0

Flexible working guideA new study published to coincide with Smarter Working Day (today, apparently) claims that almost half of UK workers (48 percent) don’t think their current employee benefits package is tailored to their needs. The study of 1,000 UK workers published by payroll lending provider SalaryFinance claims that 38 percent of UK workers currently have access to flexible working although only 26 percent say they prefer the chance of flexible working to financial and psychological wellbeing benefits. Fewer than one in five (19 percent) currently have access to benefits designed to support mental wellbeing, such as counselling services, and only one in four (26 percent) receive financial wellbeing support from their employer. In contrast, one in three (32 percent) receive ad hoc incentives such as free lunches, birthday cakes and duvet days. With 58 percent of people saying that their employer has never asked for feedback on their benefits programme, employers could be falling out of touch with the needs of staff, claims the research.

Employees in high performing organisations four times more engaged

Employees in high performing organisations four times more engaged 0

EngagedWhether or not you raise an eyebrow every time you hear about the need for employee engagement, there is a growing body of research which links engagement to performance. A new report claims that 80 percent of UK employees who say they work for high performing organisations are engaged compared to only 20 percent of those working for low performing organisations. And 80 percent of employees who think their organisation is customer-centric are engaged. This is five times more than employees who don’t think their organisation is customer-centric (17 percent). The highest performing employees are twice as engaged as the lowest, the survey by ORC International suggests. The survey found that overall employee engagement in the UK remained steady at 58 percent his year but the trends show that personal and organisational performance make a difference to engagement.

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The people centric urge to personalise space helps firms to engage employees

The people centric urge to personalise space helps firms to engage employees 0

a97998_cubicle_5In America at least, the great symbol of corporate conformity is the office cubicle. Satirised in the Dilbert cartoons and a staple in any movie about the degrading aspects of modern working life, the cubicle provides a perfect shorthand way of portraying an individual crushed by the corporate jackboot. Yet what these things miss is the propensity of people to personalise their surroundings and claim a space as their own, even if only for the short time they may be there. This seems to be particularly the case when it comes to office design and so we were much taken with this blog which lists the most far out and quirky ways people in the US have found to personalise their cubicles. Of course the need and urge to personalise space are not limited to the US. We often find in the course of our own installations that the first thing people do when they occupy an office for the first time is to personalise their space.

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A quarter of workers would turn down higher wages to get work perks

A quarter of workers would turn down higher wages to get work perks 0

Company-PerksA quarter (25 percent) of British workers would be willing to accept a lower salary in return for better ‘work perks’ a new survey claims. Employment bonuses, such as flexible working, a company car or free food have become increasingly popular over the last few years, which explains why 55 percent of UK workplaces already offer work perks, the survey suggests. Workers in Wales are most likely to accept a lower salary with almost a third saying they would accept a position for less money if it had better perks. The survey was commissioned by Printerland.co.uk to explore attitude towards benefits, asking 2,000 workers about the kind of perks they already receive and which bonuses they wish they had. The research claims that the most common perks offered are flexible working (51 percent), financial bonuses (50 percent), free food (32 percent), company phones and tablets (21 percent) and company cars (11 percent).

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Young people entering the workforce are not prepared for office politics

Young people entering the workforce are not prepared for office politics 0

office politicsOffice politics is the one thing many young people are least prepared for when starting their first job, according to a new study by the Co-op. The study comes as many them are about to enter the workforce for the first time. With more young people opting for the world of work in the form of apprenticeships and on the job training rather than higher education, the members of ‘Generation Y’ often find they are unprepared for these softer skills needed to get on in the office according to the poll of 1,100 16-25 year olds.  Over half of young people (54 percent) said that they were not prepared or informed about office politics. The study is part of the Co-op’s campaign to champion young people in the workplace by taking a closer look at what motivates 16-25 year olds. The research suggests that young people could find it harder to express opinion and ideas in the workplace, which in turn could lead them to feel isolated and unsupported.

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