Search Results for: culture

UK enjoys largest jump in productivity for a decade but challenges remain

UK enjoys largest jump in productivity for a decade but challenges remain

Britain’s economy enjoyed uncharacteristically solid productivity growth in the last three months of 2017 to record its strongest six months in more than a decade, new official figures show. Economic output per hour worked rose by 0.7 percent in the fourth quarter of 2017 – above its long-run average though marginally less than estimated in February – and the third-quarter figure was revised up slightly to 1.0 percent. Together they show the strongest growth since the second half of 2005. British productivity has largely stagnated over the past decade and is commonly seen as a chronic challenge. Over the past 10 years Britain’s productivity growth has been the weakest since modern records began and appears to be the slowest since the early 1820s. Overall output per hour, a driver of living standards, is only 1.8 percent above the pre-financial crisis peak it reached at the end of 2007.

 

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Take up of shared parental leave is held back by cultural inertia

Take up of shared parental leave is held back by cultural inertia

A recent report by the House of Commons’ Women and Equalities Committee, Fathers and the workplace, has brought into sharp focus the problems fathers have juggling participation in family life with their employment obligations. We are moving away from the traditional gender stereotypes of the father being the breadwinner and the mother being responsible for childcare. Today, many families have two parents in either full or part-time work, with dual income households being far more common now than just 30 years ago. The pace of technological change and the growing gig economy have both contributed significantly to this shift in working patterns. As a result, some of the UK’s laws are becoming outdated, as many laws were formulated on the assumption that it would usually be the woman within a family who would have responsibility for childcare.

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CIPD to co-chair Government’s flexible working task force

CIPD to co-chair Government’s flexible working task force

The CIPD has been invited to co-chair the UK Government’s new Flexible Working Task Force. The task force has been established by the Department for Business, Energy & Industrial Strategy to promote wider understanding and implementation of inclusive flexible work and working practices, bringing together policy-makers, employer groups, Unions and employee representative groups, research groups and professional bodies.  More →

Greater attention must be paid to office design to attract younger talent

Greater attention must be paid to office design to attract younger talent

Greater attention must be paid on the aesthetics of an office to attract younger talentOver a fifth (21 percent) of 18-24 year olds admit that they have rejected a potential employer because of the poor design of the office or lack of amenities available, while 34 percent in the same age group would be willing to commute for a maximum of one hour each way to an office that is considered perfect – compared to 22 percent of 45-54 year olds. The research, commissioned by Mindspace, found that 16 percent of 18-24 year olds have actually left a job because of how poorly designed the office was in one of their previous roles. Overall, nearly a third (31 percent), of workers are bored with their current office environment and feel uninspired at work, with 28 percent of workers describing their place of work outdated and dull. The research also found that while most workers had access to amenities such as a kitchen (72 percent), meeting rooms (66 percent) and free tea & coffee (53 percent), what UK office workers desire the most to improve morale is more natural light, air conditioning and improved interior lighting.

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Wellbeing programmes that focus on staff engagement neglect a need to address mental health

Wellbeing programmes that focus on staff engagement neglect a need to address mental health

The mental health of employees, especially those working within high pressured working environments are the number one concerns for UK CEOs. Nearly three quarters (73 percent) of respondents to the annual wellbeing report ‘Employee Wellbeing Research 2018’ from Reward & Employee Benefits Association (REBA) in association with Punter Southall Health & Protection, admitted that high pressure working environments are now the biggest threat to wellbeing. Just a third (34 percent) of respondents provide mental health training for line managers, and despite a similar percentage (35 percent) planning to introduce this training in the next 12 months, one in six (14.9 percent) say they have no plans to introduce this sort of training. Although mental health in the workplace is the top priority for almost three in five (60 percent) CEOs in the UK and the area of employee wellbeing with which their Board is most concerned, currently, the key drivers of wellbeing strategies are to improve engagement and culture. Well over a quarter (30 percent) of respondents said wellbeing strategies are primarily driven by a desire to increase employee engagement and 23 percent to improve organisational culture.

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Enter the MIPIM bandwagon, towed by pink elephants

Enter the MIPIM bandwagon, towed by pink elephants

The old adage “once you spot a bandwagon, it’s probably too late to jump on” was certainly true at this year’s MIPIM if only for the increase in journalists sent by the national press (allegedly) hoping to catch a glimpse of men behaving badly and weaving tales of excess. Whilst the message of  #TimesUp was heard loud and clear in the property world after the recent expose at the Presidents Club, the reality is the hedonistic opulence actually came to an end in 2009 after the global crash. That was the year that the property market realised they needed to do things differently and it was the beginning of putting people first. But it takes time for thoughts to turn to actions and reality, and a number of senior women that I spoke to observed that what we are now seeing are results of change and a drive to continue that change.

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Working fathers are being let down by workplace policies, claims Government report

Working fathers are being let down by workplace policies, claims Government report

The Government’s Women and Equalities Committee has published its report on fathers in the workplace. Its main conclusion is that current policies supporting fathers in the workplace do not deliver what they promise, despite good intentions and this is particularly the case for less well-off fathers. It claims that the Government must reform workplace policies to ensure they meet the needs of the 21st century family and to better support working dads in caring for their children, say MPs. The report concludes that the right to request flexible working has not created the necessary cultural change and the Government itself admitted to the inquiry that its flagship shared parental leave scheme will not meet its objective for most fathers.

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Over half of younger managers prefer using digital communications to deal with staff

Over half of younger managers prefer using digital communications to deal with staff

Over half of younger managers prefer using digital communications to deal with staffOnline messaging is the most common way for millennial bosses to communicate with their direct reports, with over half (55 percent) preferring to use this digital method, followed by email at 28 percent, a new survey claims. Only 14 percent said their favoured way to communicate is in person, and 3 percent said via phone. As millennials (born 1981-1996) increasingly moving into management positions, the new Korn Ferry survey also found that when interviewing for management positions, millennials say that making an impact on organisational culture is most important to them, with salary being the least important. The survey also found that compared with Gen Xers and Baby Boomers, knowing what is coming next is critical for millennial bosses. Nearly three quarters (74 percent) said a clear advancement path (e.g. next two positions) is more important for millennial bosses, with 49 percent saying it is much more important.

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How to reboot an activity based working project that has ground to a halt

How to reboot an activity based working project that has ground to a halt

We moved and then nothing happened, is one of the typical problems while evaluating the ups and downs of an activity based working (ABW) journey. The key to success is to kick off and re-start a change that has stopped. A second problem is that the layout of the office not quite meets up to expectations and needs, and a third is that too few feel engagement. It doesn’t necessary work badly, but something itches. What and how to do then? Clearly showing to those in charge what is not working or not has been carried out as it was meant, and showing the arisen consequences due to that, is one of the things that must be done to enable a re-start. But that will not be enough. More →

About time we simply accepted that coworking and flexible working are the new normal

About time we simply accepted that coworking and flexible working are the new normal

Ask someone to list innovative companies which have become notable disruptors in their market and they invariably respond with two names – Uber and Airbnb. That is because both brands are positioned squarely and successfully at the retail consumer: for people who use a taxi or take an occasional short break in a foreign city, they have become the automatic default options. But there is another equally successful business targeting the corporate space, aimed particularly at small businesses and millennial tech start-ups: WeWork. Just like Uber and Airbnb, it is less than a decade old. In that time, WeWork’s ambition of being the world’s leading coworking company has been realised. Championing itself as a disruption revolutionary, it has succeeded more prosaically by ‘creating environments that increase productivity, innovation, and collaboration,’ according to its website. WeWork’s model involves renting office space cheaply via long-term lease contracts. Small units are then re-rented at higher rates to start up companies which are happy to pay a premium because they need very little space.

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UK progress on opportunities for women in the workplace slows

UK progress on opportunities for women in the workplace slows

New PwC research claims that the UK is not making progress fast enough to improve female economic empowerment in the workplace. Despite improvements since 2000, these gains have been outpaced by other countries’ efforts, according to the report. In particular, slow progress in closing the gender pay gap, coupled with a persistent low share of females in full-time employment, has put the brakes on the UK making bigger strides towards gender equality in the workplace. The latest Women in Work Index claims the UK has fallen slightly from 14th to 15th place in a ranking of 33 OECD countries based on five key indicators of female economic empowerment. Although labour market conditions for women improved, the UK was outpaced by better performance from other OECD countries. Since 2000, the UK’s position has improved from 17th place and it compares well to other G7 economies, being second only to Canada. The Nordic countries continue to lead the Index – with Iceland, Sweden and Norway rated as the top three countries for opportunities for women in the workplace.

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Productivity, retention and employee wellbeing improve when there is workplace trust

Productivity, retention and employee wellbeing improve when there is workplace trust

Quarter of employees have left their jobs because of a lack of trust

Being in a reliable work environment increases retention, productivity and employee wellbeing, while also promoting a better business culture, finds new research from Bupa. An examination of workplace trust and the impact on employee wellbeing reveals that over half (53 per cent) of employees considered it to be a major factor in whether they stayed or left a company. The research found that nearly a quarter of UK employees (24 per cent) have left their company due to issues around trust. Although trust is not a tangible workplace benefits, such as salary and bonuses, it is an essential variable in promoting harmony and productivity within an organisation and the study suggests how important it is within the workplace, and also the contribution it makes to the wellbeing of employees and the overall performance of a company. The study also asked employees how trust compares to other company benefits. Nearly two thirds (62 per cent) believe that trust is more important than a gym membership or company mobile, while over half value it more than a free canteen (56 per cent) and company car (55 per cent).

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