December 11, 2019

Over half of firms believe their staff are ready to work with AI

More than half (57 percent) of UK companies are confident their staff are prepared for an artificial intelligence (AI) enabled workspace according to a new report from Genesys. This is broadly in line with the attitudes of workers themselves, according to another report from the company which claims that 46 percent of people say they are ready to work with the technology. The latest survey claims that over half of employers (55 percent) think their employees are anxious that their jobs will be eliminated by AI. However, employers believe this fear is unfounded with only 11 percent saying AI will actually put jobs at risk. In fact, 51 percent of UK based companies don’t anticipate any major staffing changes as a result of AI, despite recent headlines that portraying it as a threat to jobs. More →

December 10, 2019

Channel 4 confirms move to landmark Leeds building

by Neil Franklin • News, Property

One of the UK’s leading broadcasters has confirmed its deal with the Rushbond Group for its new national headquarters to be at The Majestic in Leeds city centre. The third, fourth and fifth floors of the building will become home to Channel 4, with teams from across the organisation coming together to operate out of the iconic building. The deal with Channel 4 leaves four floors remaining, from 8,000 sq ft to a total of 39,000 sq ft of workspace to be let to additional dynamic organisations. More →

December 4, 2019

Employee engagement linked to improved financial performance

by Neil Franklin • News

Companies which make employee engagement a strategic priority may be more likely to perform better financially, according to research released today. An analysis of the UK’s biggest companies found that those which frequently reference “employee engagement” in their annual reports also perform better financially. The findings were released by Sideways 6 which analysed the annual reports of the FTSE100 Index for each of the last three years (2016-18). More →

December 4, 2019

Migration adds billions to European economies, report claims

by Neil Franklin • Business, News

A new study claims that the income from taxation and the benefits of welcoming an educated workforce in EU member states adds up to tens of billions of pounds. According to an analysis by Movinga, the UK gains the most in overall earnings over 10 years with around £20.5 billion, followed by Germany with £16 billion, and France with £10.5 billion. The report claims that the overall earnings and savings from highly skilled migration to the UK over a ten year period in the STEM, Education and Healthcare sectors could cover the annual expenditure of the UK Parliament 37 times over. The overall earnings and savings from highly skilled migration to the UK over a ten year period in the Healthcare sector alone is equivalent to the cost of 37,000 secondary care (emergency) hospital beds per year. More →

December 3, 2019

Manifesto calls for action on disability inclusion as pay gap for disabled people widens

by Neil Franklin • News, Wellbeing

A leading non-profit disability and business organisation is calling on the future Government to commit to a series of actions to support businesses to deliver on disability inclusion. Business Disability Forum published its ‘Manifesto for Inclusive Change’ today (3 December) to mark the United Nations International Day of Persons with Disabilities. The manifesto calls for action in seven areas to ensure that the role businesses play in disabled people’s lives is enhanced, not inhibited, by government policy. To read Business Disability Forum’s ‘Manifesto for Inclusive Change’ go to www.businessdisabilityforum.org.uk . Follow the debate at #DisabilitySmart. More →

December 2, 2019

What you need to know about paying wages in cryptocurrency

by Freddie Steele • Company news, Promotion

Not all of your employees will prefer to have their hard work rewarded with often volatile cryptocurrencies. However, for those already investing in it, having some or all of their salary given as a digital currency may be more appealing and convenient. Below you can find the details of what you will need, some examples of people already doing it and the obstacles you will face.

To make paying your employees a reality, both you and your workers will need to have some additional things. The first is everyone will need a secure wallet to pay the cryptocurrency in. Making sure the best wallets are chosen is vital because there is no backup to the funds stored in them like there is at a conventional bank. Anyone considering their options should not forget to check out the Luno Bitcoin wallet with exceptional safety and stellar reviews.

The other help you will need as a business is a dedicated team of bookkeepers who know how to track payments in Bitcoin – more on that shortly.

Companies already paying in Bitcoin

There are some firms already making the leap to paying employees in cryptocurrency. Notably, a Japanese firm has started using Bitcoin to pay staff. At the moment, this is rare as most firms find the process difficult due to some legalities and taxation issues.

Another way people have been getting paid in cryptocurrency is through freelancing work via apps. There are many apps on the market that will pay freelance workers to complete projects in exchange for Bitcoin and alike. Earn.com is one of the most established, but many similar apps are available.

Legalities and tax

One of the reasons that some of the most trendy fintech startups are not paying in crypto as of yet is because it is an overly complex procedure. For some, it is just not possible as it is against the law to do so, including in many South American and Asian countries. Even in those that do not make it illegal, the taxation and invoicing practicalities of doing so put them off.

For example, in the USA you can legally pay in crypto, but all forms need to show values in US dollars and sophisticated and specialist accountants and bookkeepers would be required, which adds to business expenses.

Will the rules change?

It is possible that as cryptocurrencies become even more mainstream and accepted – as well as regulations are implemented upon them – the idea of paying in crypto will become not only legal, but more feasible. That day may come, but the wait until it is easy to do may be long.

For now, employees may be better swapping their fiat salaries for crypto with a trusted exchange platform and a reliable wallet.

Image by Icons8_team

November 29, 2019

Seeing red about the only home we will ever know

by Mark Eltringham • Environment, Features, Wellbeing, Workplace design

Somewhere in the Utah desert, there is a small living pod designed to emulate conditions on Mars for a group of scientists keen to explore how we might colonise that red planet after messing this blue one up. This came as a surprise to me as did the news that Ikea has been on site recently installing some of its furniture for the occupants. Next up perhaps, an installation of Billy bookcases on the International Space Station as scientists explore the effects on people of a lost screw in zero gravity. I am Jack’s unconstrained rage. More →

November 29, 2019

HR profession needs to modernise if it is to stay relevant

by Neil Franklin • News, Workplace

Following the recent Gartner study describing the unpreparedness of the HR function for the future of work, another report is exhorting managers to step things up. According to the KPMG International global Future of HR survey, close to 3 in 5 (57 percent) Human Resources executives believe that if their function doesn’t modernise its approach to understanding and planning for the future needs of the workforce, it will rapidly become irrelevant within the modern organisation. More →

November 28, 2019

Six cost-reducing benefits of switching to a cloud phone system

by Freddie Steele • Company news

This article comes courtesy of PBX Hosting, a leading UK-based VoIP telecommunications provider. They deliver hosted PBX solutions and VoIP phone systems to businesses of all sizes and specialisms. Switching to a cloud phone system is one of the lesser-known cost savings a business can make, but it’s also one of the most effective. More and more businesses are switching to cloud communications, with a cost reduction of between 50 and 70 percent. More →

November 27, 2019

Designers may be ignoring leadership style in quest for productive workplaces

by Jayne Smith • Comment, Workplace design

Leadership styles are not considered in the design process for productive workplaces despite the majority of organisations agreeing they have a major impact on productivity. These are the latest findings in report authored by Leeson Medhurst, Director of 36 Workplace, The United Workplace (TUW) and WORKTECH Academy. Productivity – linking Workplace Design to Leadership (registration) is the next chapter in a research conversation presented and discussed at WORKTECH London this week. The new report builds on “The Puzzle of Productivity: What enhances workplace performance?” that pointed to leadership as the major factor influencing workplace productivity. More →

November 27, 2019

UK falling behind in global skills race

by Neil Franklin • News, Workplace

New research published today by City & Guilds Group claims that the UK risks being left behind as employers across the world race to upskill their workers. As digitalisation and fluctuating economies transform the skills needed in the workplace today, employees are less confident than their bosses that they’ll have skills they need for the future. The study, conducted by City & Guilds Group business Kineo, surveyed 6500 employees and 1300 employers across 13 international markets. It found that employers in developing countries with rapidly emerging economies are among the most likely to ramp up investment in upskilling their workforce in the near future, compared to developed economies such as the UK.

November 27, 2019

Worrying disconnect between small business leaders and workers

by Neil Franklin • News, Technology

A new report from Microsoft claims that there is a worrying disconnect between small business leaders and their employees. Over three quarters of leaders (79 percent) say they disclose as much information as possible with their staff and 85 percent agree employees perform much better when empowered with information. However, just 36 percent of employees say their business has a culture of transparency, and even less (18 percent) think their organisation has a clear vision or goal. More →