ESG ambitions should top organisational agendas

ESG ambitions should top organisational agendas

ESGWhen the idea of ESG (environmental, social and governance credentials) first surfaced nearly two decades ago in a 2005 United Nations report, it was just an acronym businesses were trying to understand and get to grips with. But in the last few years, ESG strategies have gathered steam – it has become integral to C-Suite strategy and business purpose, and is a deal-breaker not just for investors but also for those considering new roles. In fact, a recent report revealed that job-seekers are turning down job offers by companies showcasing weak ESG credentials, a sure sign of the importance of substantive ESG policies for potential talent. Most of the larger conglomerates (if not all) have set targets to reach net-zero by a set date – ranging from as early as 2025 to anywhere within the next two decades. But is this going far enough for employees, stakeholders, future talent, and more broadly, for society? More →

Small business owners continue to struggle with mental health

Small business owners continue to struggle with mental health

mental healthTwo out of five (40 percent) small business owners believe that their emotional recovery from the pandemic will take much longer than that of the financial disruption. And, according to a new study by Xero those investing in wellbeing initiatives were more likely to hold on to staff and grow revenues. Nine out of 10 (92 percent) small business owners experienced symptoms of poor mental health over the last two years, according to the study with the Centre for Economics and Business Research (Cebr) and Opinium. Professional responsibilities played a significant part, with more than half (52 percent) said that running their business has contributed to those symptoms. More →

From commuting to computers, finding balance in the hybrid workplace

From commuting to computers, finding balance in the hybrid workplace

hybrid workplaceA recent survey from AT&T and Dubber found that 81 percent of respondents believe hybrid work will be the foremost working model by 2024, with 56 percent of work done off site. A striking 100 percent of respondents believe a hybrid work model will help attract young talent. While there are numerous benefits to being able to work from home, as the pandemic continues on, time has brought some of the challenges of remote work to light, serving as a reminder that balance is key to a hybrid work environment. Pre-pandemic, it seemed rare for companies to implement proactive solutions for workplace burnout. Businesses are now presented with the unique opportunity to find balance between in-person and remote work, and create workplaces that thrive within the hybrid workplace model. More →

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

Job dissatisfaction is rife among senior executives – and hybrid working doesn’t help

job dissatisfactionWidespread job dissatisfaction means a large proportion of senior executives from top US companies plan to leave their organisations in the next two years, according to a new report from KellyOCG. According to the 2022 KellyOCG Global Workforce Report – Re:work – there’s a significant disconnect between employees’ expectations and the support employers provide. Through a survey of C-suite leaders, board members, department heads, directors, and managers in 12 countries, including the United States and Canada, the report claims that 78 percent of US executives and 52 percent of Canadian executives, compared to 72 percent of leaders globally, aim to leave their jobs by 2024. More →

Half of workers worried about the financial cost of the return to the office

Half of workers worried about the financial cost of the return to the office

commuters return to the officeSlack has released the results of a new poll which the firm claims reveals the current state of mental wellbeing among UK workers. Commissioned in partnership with NHS GP and TV Doctor, Dr Sara Kayat, and to mark Mental Health Awareness Week, the survey sets out to examines the impact of the office on wellbeing, the effects of the return to the office after the pandemic and indicates how businesses can build healthier workplaces. More →

Imposter syndrome afflicts most people, but very few talk about it

Imposter syndrome afflicts most people, but very few talk about it

imposter syndromeThree in five workers experience imposter syndrome with women and younger people disproportionately more likely to have feelings of self doubt, according to a new report from jobsite Indeed.  The findings from Indeed’s Working on Wellbeing report are based on a YouGov survey of 2,500 UK workers around mental health and highlight how workers still are not getting the support needed from their employer.  More →

Menopausal women being let down by employers

Menopausal women being let down by employers

menopausal womenA landmark study based on data from the largest ever survey of menopausal and peri-menopausal women in the UK reveals a shocking lack of support for often severe symptoms which mean the needs of menopausal women are being ignored both in the workplace and by healthcare providers. More →

Why the over 50s are leaving the workforce in huge numbers

Why the over 50s are leaving the workforce in huge numbers

over 50s leaving workThe UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse, causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “silver exodus”. Being economically inactive means that these older workers are neither employed nor looking for a job. Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. More →

The ability to choose where they work makes people happier

The ability to choose where they work makes people happier

Employees with full autonomy to choose where they work are happier in their job, yet only one in five are currently able to do so. And though 60 percent of all employees prefer hybrid working, only 39 percent are able to flexibly split their time between the home and office. This is according to Jabra’s 2022 edition of the Hybrid Ways of Working Global Report. Carried out amongst 2,800 knowledge workers across six countries worldwide, the report analyses employee sentiments and motivations around the physical workspace in this hybrid working era. More →

Inflexible return to office strategies starting to damage workplace experience

Inflexible return to office strategies starting to damage workplace experience

commuters return to officeFuture Forum, a consortium launched by Slack with Boston Consulting GroupMillerKnoll and MLT to “help companies reimagine work in the new digital-first workplace”, has released the latest findings from its global Pulse study, which shows that employee experience scores are plummeting for knowledge workers who have been asked to return to the office full-time and for those who do not have the flexibility to set their own work schedules. More than a third of knowledge workers (34 percent) are now working from the office five days a week, the greatest share since Future Forum began surveying in June 2020. With this shift, employee sentiment has dropped to near-record lows, including 28 percent worse scores on work-related stress and anxiety and 17 percent worse scores on work-life balance (compared to last quarter). More →

The effects of workplace change may not be the ones we expect

The effects of workplace change may not be the ones we expect

There’s a scene in the 1986 horror movie The Fly in which Seth Brundle (Jeff Goldblum) persuades the reporter Veronica Quaife (Geena Davis) to try two steaks, one of which Brundle has just sent between two teleportation pods in an effort to work out why the pods can’t process organic matter, including the organic matter that had recently belonged to a very unfortunate baboon. More →

Four-day working week can improve wellbeing and reduce social inequality

Four-day working week can improve wellbeing and reduce social inequality

four day working weekResearch from the University of Kent has shown how a national four-day working week can positively impact workers and their families’ wellbeing, improve social cohesion and reduce social inequality. In a paper published by the Journal of Social Policy, Professor Heejung Chung from Kent’s School of Social Policy, Sociology and Social Research discusses how a shorter working week can help tackle issues by giving workers the ‘right to time’, shifting a balance between work and non-work activities in daily life. More →