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Millennial workers value variety over job security and tenure

Millennial workers value variety over job security and tenure 0

Millennial 'job hopping'Employers may continuously be looking at ways to engage staff to ensure they still loyal to the organisation, but according to new research it seems they needn’t bother. Over one third (37 percent) of US workers — regardless of their satisfaction level — are seriously considering leaving their organizations, up from 33 percent of the workforce who were considering leaving in 2011. According to Mercer’s latest Inside Employees’ Mind research, which surveyed 3,000 people representing a complete cross-section of the US workforce, nearly one out of two employees who said they are very satisfied with their organizations and their jobs (45 percent and 42 percent, respectively) are still looking to leave. And perhaps unsurprisingly, it’s the Millennial workers who seem to value accelerated career paths and diversity (in the workplace and the work itself) over job security and tenure.

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Colleagues more positive towards older workers than employers 0

While the majority of UK professionals believe older workers make a valuable contribution to UK businesses, many struggle to find new employment, a report has found. The study from CV-Library found that 92.2 percent of workers believe older workers make a valuable contribution to UK businesses, 76.6 percent of staff believe that older workers bring years of experience and knowledge to an organisation that can’t be found in a younger worker and 92.7 percent of workers believe the mature staff should still be able to excel in the workplace. Yet although they received an overwhelming sense of respect from the UK workforce, it seems that the same regard for older workers is not echoed by employers. When asked to explain key issues on age in relation to work, seeking new employment was the most common concern, with almost half (46 percent) of 55-64 year olds considering age to be a hindrance.

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Collaborative work goes hand in hand with better talent retention

Collaborative work goes hand in hand with better talent retention 0

Companies are rethinking the tools they use to keep employees engaged and loyal – especially at a time when flexibility and choice are increasingly important to an workforce that craves mobility and choice. A newly released survey from Jive Software claims that as the workforce continues to evolve and new future of work trends emerge, seven out of ten (72 percent) employees want to use more technology in the workplace that enables them to work from anywhere. Furthermore, the same percentage state that the freedom to try tools make them more effective in their job, with 43 percent finding it a powerful loyalty driver. According to the study of 1,000 US based employees, firms are also catching on to future of work trends and the impact that technology can have for employee retention. Eighty-four percent of employers want to implement technology that enable workplace flexibility.

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Employers plan to woo returning mothers with flexible working

Employers plan to woo returning mothers with flexible working 0

working motherA fifth of UK businesses are planning to hire more returning mothers than they did a year ago, and are offering flexible working to attract them. New research from Regus claims returning mothers are valued by businesses because of their experience and skills, as well as reliability and time management. They are seen as less likely to change jobs, saving firms the cost of recruitment and re-training. Because the contrasting demands of motherhood and work are one of the main reasons women don’t return to work, respondents emphasised the important role flexible working plays in attracting female talent; with 81 percent believing that flexible working is key to attracting and retaining women. These workers are also valued for their experience and skills according to 73 percent of respondents and are seen as more reliable (24 percent) and organised (29 percent) than other staff.

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Changing behaviour and fidgeting reduce problems linked to sedentary work

Changing behaviour and fidgeting reduce problems linked to sedentary work 0

fidgetingThere are a number of well established strategies for reducing the incidence of the back problems associated with sedentary worker. Two new studies have identified important ways that can be used to address the challenges. One will be familiar – training and encouraging people to be aware of and modify their behaviour; the other less so- fidgeting. The first study, published in Occupational and Environmental Medicine, found that combining sound ergonomic practice with behaviour modification strategies led to a 60 percent reduction lower back pain compared to ergonomics in isolation. The second study, published in the American Journal of Preventative Medicine, found that fidgeting may also reduce the harmful effects of sedentary working across a range of health issues, with the authors concluding that “fidgeting may reduce the risk of all-cause mortality associated with excessive sitting time”.

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Fifth of employers not productive enough to afford Living Wage warns CIPD

Fifth of employers not productive enough to afford Living Wage warns CIPD 0

productivyAlthough the UK has experienced two years of solid economic growth, a fifth (21 percent) of organisations are still stuck in survival mode and aren’t making the necessary investments in equipment or people to boost their productivity a new report from the CIPD has revealed. A further 29 percent of employers are failing to get the right balance between investment in their workforce and investment in technology and equipment. Investing in Productivity found a clear link between an organisation’s mindset and its approach to investment, which could help to explain the UK’s poor productivity performance in recent years. The CIPD’s chief economist Mark Beatson warns that too many businesses are being held back by an ‘ambition ceiling’ which is preventing them from making the productivity gains needed to achieve business growth and implement the new National Living Wage without risk of job cuts.

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Growth of on demand economy is transforming work and workplaces

Growth of on demand economy is transforming work and workplaces 0

On demand economySome of the key characteristics of the workplace of the near future are starting to crystallise pretty rapidly. In many ways, employees are aware of this to a greater extent than employers, legislators and politicians. For example, this week and over recent weeks Uber has been arguing in courts around the world that its drivers are not employees but are in fact self-employed. This is the shape of things to come. In the UK, around a fifth of the workforce is already freelance or self-employed, something which politicians like to misinterpret as small business, possibly  because it makes them look better because they associate it with entrepreneurialism and the prospects of these firms employing other people. The idea this is simply not the case is supported by a new report from software provider Intuit which claims that just 13 percent of British workers think they will be in traditional employment in 2025.

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Considerable minority of working women report gender discrimination

Considerable minority of working women report gender discrimination 0

Female equalityWhether the new Shadow Cabinet is or isn’t representative of women (there are no women in senior roles on the Labour front bench, but half of the total posts went to women) was a major talking point about the new Labour Party line-up yesterday. Meanwhile, on the other side of the Atlantic, despite numerous policy and cultural efforts in recent decades to break corporate glass ceilings, integrate women in traditionally male-dominated fields and shine a spotlight on pay equity and advancement, a considerable minority of working women report feeling they have been discriminated against at some point in their career. Gallup’s Work and Education survey found 17 percent of working women believed they had been denied a raise at work because of their gender and 12 percent of women say they have been passed over for a promotion or other opportunity because of their gender at some point in their life.

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The way we talk about workplace productivity needs another dimension

The way we talk about workplace productivity needs another dimension

workplace productivityOne of the most typical claims that suppliers in this sector make about their products is that they will make people more productive at work. Many go so far as to put numbers on what this means, and usually not just 0.4 percent or whatever but something far more. We can understand why they do this because they are seeking to link workplace productivity to whatever it is they have to sell. This is often tenuous for at least two reasons. The first is that even when such a causal link is demonstrably true, it still assumes that all other things at work are equal, whereas they never are because there are so many factors involved. That is why you will find some people cheerfully working in shabby, cluttered, underlit offices while others mope around unhappily in gilded cages with expensive chairs, soaring daylit atria and olive groves. The second is that such claims simply ignore what makes people tick.

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London firms optimistic, but want improvements to infrastructure

London firms optimistic, but want improvements to infrastructure 0

HS2 Euston InfrasructureThe number of firms planning to expand in London is at its highest level (50 percent) since 2012, though retaining employees and improving the capital’s infrastructure remain key concerns. According to the re-launched CBI/CBRE London Business Survey, over half of companies (55 percent) are increasing head counts, although three in five firms (60 percent) only hire where essential. London firms’ optimism has rebounded from last year, with almost half of companies (47 percent) feeling more positive about the UK’s economic prospects in the next six months – reversing the steady decline seen since the first quarter of 2014 – and 40 percent feel more positive about business prospects. Nearly four in five businesses (76 percent) highlighted improving the capital’s transport infrastructure as the number one issue the new Mayor of London must get down to tackling when they enter City Hall next year.

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Wellness policies often ignore the role of the workplace environment

Wellness policies often ignore the role of the workplace environment 0

StressA new meta analysis compiled by researchers from Harvard Business School and Stanford University raises questions about the way Government and organisational policies designed to tackle the problems of work related health costs in the United States have largely ignored the health effects of ‘psychosocial workplace stressors’ such as high job demands, economic insecurity, and long work hours. The analysis of 228 existing studies assessed the effects of ten workplace stressors on four specific health outcomes. The researchers claims that job insecurity increases the odds of reporting poor health by about 50 percent, high job demands raise the odds of having a diagnosed illness by 35 percent, and long work hours increase mortality by almost 20 percent. They argue that any policies designed to address these issues should account for the health effects of the workplace environment.

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Five unconventional ways to attract and retain Millennial talent

Five unconventional ways to attract and retain Millennial talent 0

Younger workers less tolerant of flexible workers than you would thinkAlmost one third of millennial staff (29 percent) claim that a higher salary is the biggest contributor to their loyalty, despite only 20 percent of the broader American workforce reporting the same; the Staples Advantage Workplace Index, a study of office workers in the US and Canada claims. US office workers consider title and work responsibilities (38 percent) and work-life balance (30 percent) as leading contributors to their loyalty, but Millennials favour less traditional benefits including more flexibility; generous office amenities, such as gyms; a company which promotes and supports sustainable practices; a more sociable working environment with plenty of breaks; and finally, lots of positive feedback from their direct line manager. Unsurprisingly, unlike other generations of workers, Millennials say that the use of social media enhances rather than detracts from their productivity.

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