Search Results for: performance

Better reporting required on employee engagement and wellbeing

Wellness reporting could be improved by FTSE 100

There is a need for more open reporting on employee engagement and wellbeing by FTSE 100 organisations according to an inaugural report into wellness by Business in the Community. The first Workwell FTSE 100 benchmark, which analysed how FTSE 100 organisations manage their 6.3 million employees gave an average score of just 21 per cent, which said BITC was “not unexpected” at this first stage of development.  The highest scoring Workwell indicators were Diversity and Inclusion (at 50 per cent of total marks) and Health and Safety (at 44 per cent), showing how compliance drives measurement and reporting.

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Bosses bonus boom widens long-term pay gap

 Bosses bonuses widen pay gap

Among the renewed debate on whether the Thatcher years sowed the seeds of social and economic inequality, comes new salary data by the Chartered Management Institute (CMI) and XpertHR, which reveals company directors (including chief executives) enjoyed pay increases almost twice the size of the average UK executive over the last 12 months. The research also found that the number of employers struggling with staff recruitment continues to increase year-on-year. Almost two thirds (64.7 per cent) of employers experienced problems with staff recruitment over the last 12 months – up from 58.7 per cent in the 2012 report and 48.9 per cent in 2011. More →

Private sector recruitment to increase, despite fragile economy

Private sector employment

Employers from the private sector intend to hire new staff in the coming months, despite UK businesses not anticipating economic growth in the next two quarters. According to the latest Business Trends report by accountants and business advisers BDO LLP UK businesses’ hiring intentions over the next two quarters, reached 96.0 in March, the highest since August 2011. Peter Hemington, Partner, BDO LLP, commented: “It is encouraging to see improvement in UK businesses’ hiring intentions, particularly in light of the imminent public sector payroll cuts which will add pressure to the unemployment rate.” More →

Rigid attachment to best practice “killing” talent management

KPMG talent management white paper

A rigid attachment to ‘best practice’, rather than a focus on business needs, is preventing many organisations from unearthing and nurturing staff to drive their business forward and the danger of such an inflexible approach is killing organisations’ ability to properly manage talent. According to Anna Marie Detert, KPMG’s UK Lead for Talent – a tendency to copy or adopt the latest fad or fancy must be challenged if employers are to understand the talent they truly need to succeed, and plan effectively to find and keep it.  More →

Employers missing employee health and productivity link

Employers missing health & productivity link

Only a minority of employers understand the productivity benefits of their health and wellbeing initiatives, new research reveals. Towers Watson’s latest Health, Wellbeing and Productivity survey found that 66 per cent of employers thought the link between health and employee performance was a relatively limited part of their health and wellbeing programme, with the main drivers being the desire to be seen as a responsible employer and the need to focus on more preventative health measures to manage rising healthcare and disability costs. More →

Employers want default retirement age back finds survey

DRA

Nearly half (47 per cent) of employers surveyed by global law firm Eversheds would like the Default Retirement Age (DRA) reinstated. Two years ago, on 6 April 2011, the Government changed the law to start phasing out the DRA. While the overwhelming majority (97 per cent) say their organisation no longer operates a mandatory retirement age, many report that the change in the law has had negative effects for their organisation: two-thirds cited difficulties in succession planning whilst just under half reported that opportunities were being blocked for younger workers. More →

UK commercial property investors shift focus to the regions

Leeds skylineInvestors in the commercial office market are increasingly being drawn towards the UK regions, according to a new report by Deloitte Real Estate. The UK Key Cities publication explores the trend that regional offices are emerging as a focus for savvy investors seeking higher returns. At the same time, individual cities are recognising the need to stand apart from competing locations and bridge the gap between themselves and London. These cities are being bolstered by factors such as improved connectivity through large planned infrastructure projects, devolution of power, and investment into the retail and leisure markets.

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New research from China highlights benefits of working from home

CTripA new report from researchers at Stanford Graduate School of Business and the Guanghua Management School at Beijing University looking into the experience of working from home at one large Chinese firm has found that the practice led to a 13 per cent increase in productivity. The research also found that workers reported increased levels of job satisfaction and half elected to continue working from home when the choice was given to them at the end of the study period even though it was evident that their chances of promotion on the basis of performance had reduced as a result of the experiment.

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Video: one of the keys to a productive workplace: micro-organisms?

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The quest for the answer to what makes us productive at work is an endless one, of course. Partly this is due to misleading research claims from suppliers that the provision of a specific product will increase productivity by x per cent. But mostly it’s because the answers shift from case to case and over time because while we can identify the factors that make people more productive, it’s harder to pin down the effects of their interrelationships. Plant walls and better seating won’t by themselves improve the performance of somebody who hates their job. Nevertheless, it’s important to design all the productivity factors into a building, including at a bacterial level according to Jessica Green who here explores the impact of microbes in different areas of an office building.

U.S. employers plan penalties to boost wellness participation

U.S. wellness

Following on from the revelation that wellness programmes are only as good as the willingness of staff to participate, comes a study from the U.S. which highlights the role incentives can play in employers’ efforts to improve workforce health and performance. Aon Hewitt’s survey of nearly 800 large and mid-size U.S. employers representing more than 7 million U.S. employees found that 83 per cent now offer employees incentives for participating in programmes, while 58 per cent plan to impose consequences on participants who do not take appropriate actions for improving their health.

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Survey: Raised levels of staff empowerment and engagement

Engagement

There has been a positive change in employees’ levels of engagement according to new research from recruiter hyphen. Nearly three fifths (58.6 per cent) of UK workers are proud to work for their current organisation, and over three quarters (76.1 per cent) believe their manager gives them the support and autonomy needed to aide their performance. Zain Wadee, managing director at hyphen, said: “Engaging workers is now becoming an integral part of employment and retention strategies; not least to ensure workers are happy but also to help them perform to the best of their ability.”

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London calling for Green Sky Thinking events

GST13-ButtonIf you’re looking for some practical guidance on sustainability check out a free London-wide event, Green Sky Thinking, a week-long series of free sustainability-focused events showcasing innovative and practical solutions to greening London’s built environment, which runs across London from 15-19 April. Ranging from onsite project talks, round-table discussions, pecha kuchas and seminars, it offers attendees the inside view from top experts, industry leaders and collaborative teams to understand innovations and what works in practice. Victoria Thornton, Founding Director of Open City, said: “The value of Green Sky Thinking Week is offering the solution of ‘how’ to make London’s built environment  sustainable.” More →