Search Results for: risk

Buying green products should involve a closer look at the supply chain

Green chainLast year’s unrest in the Chinese factory that is a principal manufacturer of the iPhone5 shone a light into one of the usually dark corners of modern life. Namely that beneath the sleek facades of the products we buy lies the story of their production, transportation, marketing and eventual demise. Look further back than the factory and it usually starts with a hole in the ground; and, in the case of the iPhone, an open-cast rare earth mine in the Nevada desert which produces the raw materials for the cutting edge technologies that make our lives tick.

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Only half of businesses vet suppliers for Bribery Act compliance

Image credit: <a href='https://www.123rf.com/photo_18126426_close-up-of-businessman-with-handcuffed-hands-over-white-background.html'>wavebreakmediamicro / 123RF Stock Photo</a>

Under half of British firms are failing to vet suppliers for compliance with the Bribery Act, and only 6 per cent would re-tender if they discovered their suppliers didn’t comply. A poll of procurement managers and directors by Ernst & Young found that only 48 per cent of firms carry out third- party due diligence. The study found that even though 60 per cent of firms with a turnover of £5m to £50m vet suppliers to assess if their practices comply with the Bribery Act, 16 per cent of midmarket firms would ‘do nothing’ if their suppliers failed to comply. The research also revealed that only 40 per cent of firms with a turnover of more than £50 million would remove suppliers from their supply chain if they fail to comply.

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Employer confusion despite social media recruitment surge

social media

Seventy per cent of recruiters now actively use and support the use of social media and trust has grown significantly in online media over the past two years, according to new research. LinkedIn, Facebook and Twitter are the three most used social media channels among HR professionals and recruiters, with occasional use of blogs and videos. However, the research by Global HR Services Group Penna Plc shows that while engagement with social media is increasing, a quarter of employers are still trying to restrict Facebook access at work and have no formal social media policy in place.

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Yahoo case doesn’t tell the whole story of teleworking

Yahoo! Sunnyvale headquarters.  October 28, 2001 (Y! Photo / Brian McGuiness)Yahoo! made headlines across the US and the rest of the world this week by announcing they are terminating the company’s telework program.  Does this signal, broadly, the pending demise of telework?  Here’s my take: this story is actually deeper than just about telework. Yahoo! has been wandering around aimlessly for a number of years, and it would appear that this particular measure is intended as some overdue shock therapy to jump-start a much needed culture shift and focus on what the company needs to survive in a world of rapid innovation and “big bang disruption” (see March 2013 HBR article by Larry Downes and Paul F. Nunes).

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Job dissatisfaction highest amongst Gen Y workers

Gen YHot on the heels of the news this week that generation Y workers are more risk averse than older employees, it seems they’re also more dissatisfied with their jobs than other age groups. A new survey by Office Angels shows that over a quarter (27 per cent) of 25-34 year olds are unhappy in their current job, compared to just a fifth (20 per cent) of those aged over 55. This backs up the Monster.com survey, which found more than half of Gen Y employees (55 per cent) see their current employer as a mere stopping off point in their career path.

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UK employment rises but pay rates are squeezed

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” More →

Greenbiz publishes latest State of Green Business report

Green Biz_0000Greenbiz has published its sixth annual State of Green Business report, setting out what it claims are the ten key environmental trends for organisations to look out for in 2013. Many focus on the overlap between pure business goals and corporate social responsibility, for example in terms of managing supply chains to reduce risk, making more efficient use of resources, the impact of new technology and working practices and the role of creating value through a healthy working environment.

Improving desk habits can reduce office workers’ back pain

back pain

Office workers are most likely to suffer from back pain than manual workers due to poor posture at their desks.  In a survey of The British Chiropractic Association’s members, 56% of chiropractors said office workers are most vulnerable to back pain and that sedentary PC posture causes more back problems than excessive lifting and carrying. Now new advice from workplace equipment provider Slingsby says employers can help to prevent a lot of the problems by encouraging staff to improve their desk habits. More →

Teams perform better when bosses pick favourites

 Bosses favourites

Bosses should pick favourites if they want top performing teams, a new study from the University of British Columbia Sauder School of Business reveals. “Conventional wisdom tells us that we should treat everyone the same to create a collegial and productive work atmosphere,” says Sauder Professor Karl Aquino, who co-authored the forthcoming study for the Journal of Business Ethics. “But our research shows this can be a disincentive for workers who would otherwise go above and beyond on behalf of the team with a little bit of extra attention.” More →

Ageless workforce welcomed, despite sickness absence increase

GRiD age research

One third (33%) of UK employers have seen the average age of their workforce increase over the last year, with three in five (59%) believing that the removal of the Default Retirement Age (DRA) meant they were more likely to recruit employees aged 50 and over. Older workers are viewed positively, despite the fact that, according to new research by Group Risk Development (GRiD), over a quarter (27%) of employers report increased absence rates or an increase in age related health conditions since the removal of the DRA. More →

Innovation needed to catapult UK to technology success

Catapult centre

The government must scale up the UK’s new programme of technology and innovation centres – Catapults – by 50% to 100%, the Big Innovation Centre will announce at a meeting at the House of Lords today. Will Hutton, chair of the Big Innovation Centre at the Work Foundation warned: “Catapults are desperately needed and important new institutions that could allow the UK to reproduce German success in 21st century industrial sectors and services. Yet the Catapult programme needs to be bigger and bolder in its scope, aims and resources if their potential as convenors, catalysts, risk-mitigators and horizon scanners is to be fully exploited.”

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Report reveals wider impact than ROI for wellness programmes

Workplace wellness edit

The Return on Investment of workplace wellness programmes goes way beyond cost savings a major new report reveals. Making the Right Investment: Employee Health and the Power of Metrics found smoking cessation incentives help increase productivity, nutrition and exercise drives and centralised programmes which utilise the latest technology leads to increased employee engagement which helps reduce staff turnover. Said Klaus Schwab, Founder and Executive Chairman World Economic Forum “Over 50% of the working population spend the majority of their time at work, so the workplace provides a unique opportunity to raise awareness, as well as guide and incentivise individuals to develop healthier behaviours.” More →