January 7, 2021
The greater stress companies put on financial incentives and financial performance in bonus systems for CEOs, the more negative the impact is on the firm’s financial performance, claims new research from Vlerick Business School. These findings come from a research study into the top 600 European firms and their CEOs remuneration. More →
January 4, 2021
The way in which we work has changed in a way no one would have ever predicted as a result of last year’s pandemic. Consequently, many businesses have chosen to adopt to an agile working practise. This coupled with the rapid evolution of the hybrid workplace has allowed more employees than ever the flexibility to work from home, many people however still crave that interaction with colleagues, and the ‘corridor conversations’ that cannot be replicated via Zoom and can only happen with workplace collaboration. More →
December 18, 2020
No-one could have predicted what 2020 would deliver. A pandemic, lockdown, moving the workplace into the home. We are in uncharted waters. The Oxford English Dictionary defines resilience as being able to withstand or recover quickly from difficult conditions. Resilience is an almost stoic quality, and a pandemic a time of crisis. It almost feels like they are a match made in heaven. But how does this affect organisations? What can be done? Is it really that important to build employees’ resilience? More →
December 18, 2020
A review of research in organisational and workplace psychology conducted by an international team of academics claims that working from home has been more disruptive for women than men. The review paper, entitled COVID-19 and the Workplace: Implications, Issues, and Insights for Future Research and Action and originally published in American Psychologist, features urgent insight from UCL School of Management Professor, Sunny Lee into the sex- and gender-related implications of changes in work practices that have taken place over the course of 2020. More →
December 17, 2020
Avison Young, realestateworks and HLM Architects have launched a new report that assesses the impact of this year’s pandemic on workplace and corporate real estate strategies in the longer-term. Over 100 private and public sector companies were asked about their evolving approach to working culture, office design and portfolio strategies in the context of multiple forces of change, including greater resilience, the decarbonisation agenda, personalisation, remote working and the integration of the physical and virtual workspaces. More →
December 16, 2020
BlackRock is one of the largest asset management companies on the planet. Each year, at the start of January, the CEO Larry Fink writes a letter addressed to the other CEOs of the world. In his New Year’s letter for 2020, Fink appealed in particular to his fellow CEOs’ sense of social responsibility. In particular, he focused in on the risks faced by the climate. “Climate risk is an investment risk,” and he called on all companies, both public and private, to create greater societal added value. “Society is looking increasingly to companies to solve social and economic problems,” he concludes, so asset managers should be encouraged to invest in companies with a ‘purpose’. More →
December 16, 2020
As the world prepares to close the book on the unprecedented events of 2020 and looks ahead to 2021 with renewed hope and optimism, global research from The Workforce Institute at UKG explores the importance of elevating trust to a foundational imperative to create high-performing workplace cultures that better serve customers and their communities. More →
December 15, 2020
With the continuous impact of the pandemic on people’s mental health due to isolation, work uncertainty, and anxiety over health, the topic has been dominating the news, begging the question of how we can achieve accessible and cost-effective treatment for all and prevent the expected acceleration of mental health issues in the coming months. As we juggle a different type of work-life balance brought about by working from home and the added worry of how the pandemic is affecting us, there is no doubt that our daily lives have been disrupted. The statistics are alarming; 60 percent of adults reported their mental health had gotten worse during the COVID-19 lockdown, and 51 percent said their mental health has got worse during this period. More →
December 11, 2020
The World Economic Forum has launched a new report which sets out to define how organisational leaders can influence their companies and encourage the responsible use of technology and build ethical capacity. Ethics by Design” – An Organizational Approach to Responsible Use of Technology claims to integrate psychology and behavioural economics findings from interviews and surveys with international business leaders. It aims to shape decisions to prompt better and more ethical behaviours. The report promotes an approach that focuses less on individual “bad apples” and more on the “barrel”, the environments that can lead people to engage in behaviours contrary to their moral compass. The report outlines steps and makes recommendations that have proven more effective than conventional incentives such as compliance training, financial compensation or penalties. More →
December 11, 2020
Hardworking professionals are feeling the effects of longer working days and unpaid overtime, according to new research by law firm, Wright Hassall. The research claims that the average worker is performing nine or more hours of overtime in a given week, which totals more than one working day, compared to just three or more hours before the start of the pandemic. What’s more, 52 percent are actually doing so without being paid for this. More →
December 11, 2020
As lockdown restrictions and tier systems continue to cause chaos, Direct Line Travel Insurance claims 16 million UK workers still have unused annual leave as we near the end of 2020. With many unsure what to use holiday for as they are unable to go away or socialise with people, more than 19 million days of annual leave look set to be lost by UK employees. More →
January 5, 2021
We shouldn’t become village idiots in our new ways of life
by Mark Eltringham • Cities, Comment, Flexible working, Technology