Search Results for: pay ratio

Three quarters of organisations never or rarely check on employee morale

Three quarters of organisations never or rarely check on employee morale

by • News, Workplace

Organisations cannot afford to neglect or pay lip service to employee morale if they want to retain talentOrganisations cannot afford to neglect or pay lip service to employee morale if they want to retain talent, according to new research from MHR [registration]. In its latest Employee Experience report – which identifies employee wellbeing as a huge component of morale – MHR reveals that 75 percent of organisations fail to regularly check in on employee needs and attitudes, for example through satisfaction surveys. More →

Forty percent of firms expect people to work from the office five days a week

Forty percent of firms expect people to work from the office five days a week

by • News

Virgin Media O2 Business’ first full-year Movers Index claims that 2023 was the year of the ‘Great Office Return’Virgin Media O2 Business’ first full-year Movers Index claims that 2023 was the year of the ‘Great Office Return’, with 40 percent of companies returning to a five-day office working week, despite more than half (55 percent) of workers experiencing public transport delays of an hour or more on their commute. The Movers Index claims that businesses and consumers alike are doubling down on getting the most value for every pound spent amid the cost-of-living crisis. More →

British workers don’t want people to think of them as ambitious

British workers don’t want people to think of them as ambitious

by • Business, News

Ambition is a word now out of favour in the British workplace, according to Randstad’s latest global Workmonitor survey [registration] with workers in the UK less willing to describe themselves as ambitious than workers in other countries. The research, which surveyed 27,000 workers in 34 countries across Europe, Asia Pacific and the Americas, shows that while more than half (56 percent) of workers globally consider themselves to be ambitious, only 42 percent of workers in the UK do. Workers in other countries — including China (80 percent), Malaysia (73 percent), and India (90 percent) — are more likely to describe themselves as “having career ambition”. More →

Many employers don’t think GenZ are well prepared for the workplace

Many employers don’t think GenZ are well prepared for the workplace

by • News

A new poll from WorkL claims that half of employers believe that Gen Z is not entering the workplace well-equipped with the skills and knowledge neededA new poll from WorkL claims that half of employers believe that Generation Z is not entering the workplace well-equipped with the skills and knowledge needed for their roles. The annual WorkL Global Workforce Report 2024 suggests that mentoring initiatives are being implemented by employers to support Gen Z, with four in ten employers taking the step. Having been significantly impacted by the global pandemic and the shift in traditional working practices, WorkL has seen a falling engagement score for the youngest demographic over the last 12 months; decreasing from 71 percent in 2021 down to just 67 percent in 2023, a concerning four percentage point decrease and the lowest score out of all age groups. More →

Over one quarter of employees do not trust their CEO to be honest and transparent

Over one quarter of employees do not trust their CEO to be honest and transparent

by • News, Workplace

A new poll claims that over one quarter (26 percent) of employees in the UK do not trust their CEO to be open and honest, while 24 percent do not trust their senior leadership to do the same. According to the survey of 2,000 employees in the UK from Personio, transparency and employer-employee communication are pivotal to a positive employee experience and trust in the workplace. The research suggests that feeling unheard by leadership could be fuelling employees’ distrust. Over a quarter (28 percent) of employees surveyed say that they are not given a chance to share feedback to leadership on their experiences. Meanwhile, less than half (46 percent) of employees feel that leadership in their organisation actually listens and acts on any feedback when given from staff. More →

Amazon employee claims he was told you’ve still got a job, but not a role

Amazon employee claims he was told you’ve still got a job, but not a role

by • News, Workplace

An employee claims he has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority.Last year Amazon made headlines for making 27,000 people redundant as part of a long-term cost-cutting exercise. One of the consequences was a fall in the firm’s share price. Now an employee has claimed in a blog post that the firm is handling its downsizing in more creative ways. Justin Garrison claims in the post that has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority. More →

Time is up for fluorescent lighting, so what happens after the tube strike?

Time is up for fluorescent lighting, so what happens after the tube strike?

by • Environment, Features, Lighting, Workplace design

Just like the Rolodex, the fax machine and smoking in the office, fluorescent lighting is becoming a thing of the past in the workplaceAs we rapidly advance through the latter half of 2023, the office landscape is undergoing a significant shift, with the imminent fluorescent lamp ban. Just like the Rolodex, the fax machine and smoking in the office, fluorescent lighting is becoming a thing of the past in the workplace. Both the UK and the EU are taking bold steps by phasing out all forms of fluorescent lamps with some types, such as T5 and T8 fluorescent tubes, banned from sale as early as September 2023. If they haven’t done so already, business owners will need to explore alternative lighting solutions to stay compliant with new regulations, set to take full effect by February 2024. More →

Understanding how to project financials for a startup business

Understanding how to project financials for a startup business

by • Company news

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. More →

Workplace and property firms must wake up to the new era of networked businesses

Workplace and property firms must wake up to the new era of networked businesses

by • Features, Flexible working, Property, Workplace design

the networked workplaceWhile millions of words have been dedicated to the expected changes in post-Covid workstyles – how will people work, where will they work, how will they be supported – very little has been said about their employers: companies and corporations. Yet the anticipated changes to work and the workplace raise questions about the role of the company. Is it one just half of a transaction between employer and employee? Or is it something more? Indeed, what is the role of the company in the modern economy? Is the nature of the company likely to change? The answers could have a greater impact on workstyles than the pandemic. More →

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

by • Flexible working, News

the increase of zero hours contracts over the last 20 years has created significant risk for workersAn evidence review led by the University of Warwick has concluded that the increase of zero hours contracts over the last 20 years has created significant risk for workers. They found that unreliable work can result in a sudden loss of hours and earnings, and an inability to access legal advice for unfair or potentially unlawful employment practices. Along with colleagues from the ReWAGE expert advisory group, academics at the Institute of Employment Research at the University of Warwick examined the legal and workplace practices associated with zero hour contracts, along with data covering flexibility, pay insecurity, workers ability to assert their rights and workers health and wellbeing. More →

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

by • Environment, News, Property

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. More →

More than a third of working parents thinking about quitting jobs

More than a third of working parents thinking about quitting jobs

by • News, Wellbeing

A new survey reveals that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their jobA new survey claims that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their job. The OnePoll survey [registration] of 2,000 working parents with children aged 18 or under commissioned by REC Parenting, an online platform offering support to parents and carers, revealed that many working parents are at breaking point. More →

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