Search Results for: development

Employer bias is undermining business innovation and potential says OU

 

Over a quarter of senior managers hire people just like them, and this bias is still rife in some organisations, according to new market research commissioned by The Open University. The study amongst business leaders and employees finds that three in 10 (29 percent) senior managers admit they hire people just like them, and warns employers may be overlooking candidates from different social and educational backgrounds, impacting access to talent, and hindering business innovation and performance as a result. Employers place significant importance on educational attainment (86 percent), cultural fit (77 percent), tastes and leisure pursuits (65 percent), and even social background (61 percent). Considering the typical social make up of managers, this raises concerns about diversity, a key driver of innovation, and hints at a glass ceiling for those from less privileged backgrounds, with the re-enforcement of the historical class system. The issue is prevalent in both recruitment and employment, with bias creating a ‘degree premium’, particularly at entry level.

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Reduced hours do not necessarily lead to reduced workloads, study finds

Professionals who want to work part-time have to do more than renegotiate their working hours; they also have to redesign their jobs to reduce outputs. Research published in the journal Human Relations, by Dr Charlotte Gascoigne from the Timewise Foundation and Professor Clare Kelliher from the Cranfield School of Management, shows that employers often do not reduce workload when professionals transition to part-time. This is not an insignificant problem for employers: one in five professionals and managers in the UK works part-time already, with more than two in five working part-time in the Netherlands. According to previous studies, a quarter of full-timers in the UK would prefer to work part-time, and are prepared to earn less, but don’t believe it’s possible.

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Shifts in occupier behaviour and attitudes to real estate pave the way for a workplace revolution

The rise of the flexible office is the result of dramatic changes in the way corporate occupiers approach their real estate decisions, and will open up opportunities for landlords able to adapt and respond to these shifts. These are some of the claims from The Flexible Revolution (registration required), a pan-European report from CBRE exploring the flexible office market. Over the past decade the global flexible office market has been growing at an average of 13 percent per annum. Growth rates in EMEA (excluding UK) and APAC have averaged around 20 percent per annum, while the more mature and larger markets of the UK and the USA have seen average growth of 10 percent per annum over the same period. Key European cities like Berlin, Paris and London have all seen strong year-on-year growth of 12 – 21 percent between 2016 and 2017, which is comparable with markets like New York and San Francisco, where the flexible office concept has existed for longer.

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Gig economy workers should not be criticised for defending their rights

The gig economy and workers’ rights are among the most prominent themes of our age. In the future of employment – in particular, what it means to be employed or self-employed – they are critical. Catapulted to the heart of this debate is Uber, which has deployed its ride-hailing platform app in nearly 500 cities around the world since its San Francisco launch seven years ago. But in the UK and elsewhere, it has run into myriad legal problems. Most recent among them, Uber lost a hearing at an Employment Appeals Tribunal (EAT) in London in a case brought by co-claimants, James Farrar and Yaseen Aslam. The verdict in favour of the two Uber drivers poses a threat to the fundamental premise that has fuelled the meteoric rise of the gig economy: that workers work for themselves and not for the apps which rely on them.

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Smart cities could lead to cost savings of $5 trillion for firms and governments, report claims

Smart city technologies could save businesses, governments and citizens globally over US$5 trillion annually by 2022 according to a new whitepaper from ABI Research (registration required). The new white paper analyses the scope for cost savings and efficiency as a driver for smart city deployments, smart technologies and the Internet of Things (IoT). According to the report, titled ‘Smart Cities and Cost Savings,’ the use and deployment of IoT and smart technologies will be pivotal to the future success of smart cities, but only if players collaborate to embrace a holistic approach. With higher concentrations of people and enterprises in cities as a result of urbanisation, smart city and IoT technology, along with new sharing and service economy paradigms, will be key for cities to optimise the use of existing assets, maximise efficiencies, obtain economies of scale and ultimately create a more sustainable environment. Automation, artificial intelligence, along with sensors, data-sharing and analytics, will all be critical in helping cities save costs.

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Facebook’s new Frank Gehry designed London office includes start-up space

 

Facebook has unveiled its new offices in London’s Rathbone Place, with the announcement that it will include a dedicated incubator space for start-ups. In terms of Facebook staff, the office will be home to a diverse range of teams including engineers, developers, marketing and sales teams. The 247,000 sq office, designed by award-winning architect Frank Gehry, includes 7 floors and features a new public square just off Oxford Street called Rathbone Square. In a first for a Facebook office, the new London site will offer incubator space for start-ups, called LDN_LAB, which will invite UK-based start-ups to take part per three month long programmes designed to help kick start and accelerate their businesses. The programme will help start-ups who are focused on creating, building or empowering communities through innovation and technology. Facebook experts from a range of disciplines including engineering, product and partnerships, will share their knowledge, expertise and mentorship as part of the programme.

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How do you really go about creating a great place to work?

The topic of workplace wellbeing is becoming increasingly prevalent. And for good reason. In the UK, 45 million working days are lost due to stress, anxiety and depression and the Chartered Institute of Personnel and Development (CIPD) Absence Management survey reveals that over two fifths of organisations have seen an increase in reported mental health problems over the last year. What’s more, a recent government report found that up to 300,000 people leave their jobs each year due to mental health-related issues. Last month, Symposium hosted the “Workplace Wellness & Stress Forum 2017”, back for its twelfth year, to help employers step up and tackle the greatest inhibitor of growth, innovation and creativity – stress. Medical professionals have their definition of “stress”, health and safety execs have theirs, and the academic community promulgate another. Forum host Neil Shah, chief de-stressing officer of The Stress Management Society, offered a definition that resonated with the entire audience: “where demand placed on an individual exceeds their resources”.

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Over a quarter of black employees say racial discrimination hinders career

Over a quarter of black employees say racial discrimination hinders career

Over a quarter of black employees say racial discrimination hinders career

Three in ten (29 percent) black employees say racial discrimination is to blame for them failing to achieve their career expectations, almost three times as many as white British employees, according to a new survey by the CIPD. One in five BAME employees (20 percent) said that discrimination had played a part in a lack of career progression to date, compared to just one in ten (11 percent) white British employees. This comes despite the fact that significantly more BAME employees said career progression was an important part of their working life than those from a white British background (25 percent vs 10 percent). When asked what would improve their career progression, BAME employees were much more likely than white British employees to say that seeing other people like them that have progressed in the organisation, and a greater diversity of people at senior levels in their organisation would help boost their career progression. Additionally, the survey found that a quarter of BAME respondents (23 percent) whose organisations don’t provide mentoring said they would find it useful in achieving their potential at work.

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New Government plan to address employment barriers for disabled people

 

The Government has announced a new 10-year strategy to address employment prospects for disabled people and people with health conditions. In response to its Work, Health & Disability Green Paper consultation which closed earlier this year, the White Paper, Improving Lives: the Future of Work, Health and Disability sets out how the Government will work with employers, charities, healthcare providers and local authorities to break down employment barriers for disabled people and people with health conditions over the next decade. This will be delivered through in-work programmes, personalised financial and employment support, and specialist healthcare services. Currently, ill health that keeps people out of work costs the economy an estimated £100 billion a year, including £7 billion in costs to the NHS. Two new employment trials will also be launched in the West Midlands and Sheffield City Region combined authorities to provide employment support. The Government is also investing around £39 million to more than double the number of Employment Advisors in Improving Access to Psychological Therapies services.

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Government targets 50 percent cut in greenhouse gases from the built environment

The UK government has set some ambitious targets for construction and the environmental performance of buildings following the announcement of a Sector Deal for the construction sector. The sector deal was an integral part of the Industrial Strategy White Paper published earlier this week. In a statement, Business and Energy Secretary Greg Clark revealed more details of the deal supported by £170m of government investment and £250m of match funding from the built environment sector. The announcement sets out ambitious new targets for the built environment and infrastructure including a 50 percent reduction in greenhouse gases and a third reduction in the costs of construction and whole life costs of buildings.

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Location of workplace matters when it comes to workplace performance

Employers can make major performance and productivity improvements by taking a more strategic approach to where they place their people, a new report suggests. Organisations with the closest alignment between their geographical talent footprint and market opportunity tend to be most productive and profitable claims Right people, wrong place?, a new EY report in collaboration with LinkedIn. The report analysed 659 organisations of varied size and scale across 11 sectors and revealed that those that poorly match their workforce to the global sub-sector growth markets are potentially leaving hundreds of millions of dollars of opportunity on the table. Bringing together a combined analysis of current and projected industry market performance from EY with LinkedIn’s insights from more than 530 million members, the report validates and quantifies the value of maximising the alignment between workforce location and market opportunity.

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London office construction declines to three year low

The development of new offices in central London has declined, according to the latest London Office Crane Survey by Deloitte Real Estate. Construction activity now totals 12.6 million sq ft, a 9 percent drop since the previous survey (six months ago). The survey reports 25 new office schemes starting construction, adding 1.8 million sq ft into the development pipeline. This is the lowest amount of new space started in over three years and 21 percent below the crane survey average. Refurbishment schemes once again dominate the new starts with 16 offices accounting for 70 percent of the volume. However, refurbishments are generally smaller scale than new-builds so the average size of schemes starting this survey has fallen to 73,000 sq ft, lower than the long-term average of 97,000 sq ft.

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