Employee confidence plunges amid economic and workplace uncertainty

Employee confidence plunges amid economic and workplace uncertainty

Employee confidence

Employee confidence in U.K. business conditions has fallen to its lowest level on record on the back of Brexit and rising fears around the coronavirus, according to Gartner, Inc. Gartner’s latest Global Talent Monitor report claims that the U.K. business confidence fell to an index score of 44.5 in 4Q19, a decrease of over 11 index points from 4Q18. The figure puts the U.K. more than 6 index points below the current global average. More →

Workplace transformation decisions shifting from HR to senior management

Workplace transformation decisions shifting from HR to senior management

Infosys Knowledge InstituteWorkplace transformation (IKI), the thought leadership and research arm of Infosys, have published a global research report titled, ‘Drive Change from Within.’ The research claims that CEOs are now prioritising on driving a workplace transformation roadmap and contributing to its development in the organisation. More →

Does an employee representative on the board mean reduced CEO pay?

Does an employee representative on the board mean reduced CEO pay?

Having an employee representative on the director’s board has absolutely no impact on reducing the pay level of the company’s CEO, according to research from Vlerick Business School. This research claims that contrary to the belief that employee representation on the board reduces high profit margins and greater controls the remuneration of CEOs, giving more ownership and finances to a company’s employees. More →

Increasing diversity is key to improving workplace productivity

Increasing diversity is key to improving workplace productivity

The latest research from recruitment agency Robert Half UK, claims that the majority of businesses are pursuing workplace culture improvements during the first half of the year. Increasing diversity and inclusion is a top priority for over a quarter of business leaders, as companies seek to improve workplace culture in a competitive hiring market. More →

What is the evidence for the benefits of basic income?

What is the evidence for the benefits of basic income?

basic incomeThe idea of giving everybody something called basic income – an unconditional, regular income – has become increasingly popular in the last few years, partly because employment has become less secure and people fear that increasing automation may cause job losses across many sectors. More →

Exploring life at the new Siemens Campus in Zug

Exploring life at the new Siemens Campus in Zug

Siemens SparkWhen it comes to creating an office to call home, all of the usual challenges are magnified by several degrees for a company like Siemens. It can’t afford to skimp on the building’s services, green credentials, integrated technology and all-round smartness then hold meaningful conversations on the same subjects with its clients. So, the new Siemens Campus in the Swiss town of Zug has to showcase the best the firm has to offer as well as delivering for the people who work there. More →

Average worker does nearly £7,000 worth of unpaid overtime a year

Average worker does nearly £7,000 worth of unpaid overtime a year

unpaid overtimeUK employers claimed £35 billion of free labour last year because of workers doing unpaid overtime, according to an analysis of official statistics published today by the TUC. More than 5 million people put in an average of 7.6 hours a week in unpaid overtime during 2019, it claims. On average, that equates to having £6,828 taken out of individual pay packets. More →

Six in ten workers worry about disappointing boss

Six in ten workers worry about disappointing boss

disappointingNearly six in 10 British workers (58 percent) worry about disappointing their manager, with more than a third (36 percent) saying they rely on praise from their boss to help boost their confidence at work, a survey has claimed. CV-Library surveyed over 2,000 UK professionals for the study, which also suggests the younger generation are most likely to worry about letting their boss down (83 percent of under 18s and 62 percent of 18-24 year olds), while only 53 percent of 55-64-year olds are concerned about this. More →

Executives feel more pressure making a big decision at work than in their personal life

Executives feel more pressure making a big decision at work than in their personal life

decisionsExecutives in small and mid-sized businesses in the UK are more anxious about major decisions at work than critical decisions at home that affect their family, a new study has claimed. The new study by Oracle NetSuite, Unlocking Growth, which provides insights from more than 1,000 business executives in the UK, France, Germany, UAE, Benelux and the Nordic countries, found that 92 percent are overwhelmed by data when making decisions. A third of UK executives are putting risk mitigation ahead of potential success to avoid damaging their career, while 23 percent rely on gut feeling to make critical decisions. More →

“Top employers” in UK and Ireland announced for 2020

“Top employers” in UK and Ireland announced for 2020

top employersMore than 600 business and HR leaders gathered at London’s Hilton on Park Lane on 30 January 2020 as the Top Employers Institute, an international certifier recognising excellence in employee conditions, revealed its list of certified UK and Ireland top employers for 2020. The host, comedian Ed Gamble, congratulated the 92 certified employers (82 in the UK and 10 in Ireland). There were 10 newly certified organisations, including Reckitt Benckiser, a consumer goods company, clothing and retail brand Puma and Charles Hurst, a Northern Irish new and used vehicle dealer. More →

Communicating employee rewards boosts engagement

Communicating employee rewards boosts engagement

rewardsCommunicating a business’s “employee value proposition” or EPV – the package of rewards that it offers in return for the person’s performance at work – is having an increasingly positive impact on employee engagement, retention and recruitment, research has claimed. Aon’s Benefits & Trends 2020 Survey (registration required) suggests that although the percentage of employers who have, or are working towards, an EVP remains similar to last year (76 percent), the number that now communicate it to staff has increased. Of those employers that have an EVP, 77 percent now explain it to employees, an increase of 9 percent on 2019.

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Is your biggest competitor already working for you?

Is your biggest competitor already working for you?

competitorEmployers worried about rivals poaching their staff should be looking closer to home to spot their next competitor, a new study has claimed. In a survey of 3,000 UK employees by Synergy Creative, nearly half (47 percent) said that they would love to be their own boss, raising the prospect of them setting up in competition to their existing employer. Of those intending to find a new job in 2020, a third said their ideal job is to work for themselves, compared to 25 percent who are looking to move to another company. More →