Search Results for: finance

The digital world is not necessarily greener than the physical world

The digital world is not necessarily greener than the physical world

No sooner had the world learned about the existence of non-fungible tokens (NFTs) than we also learned how much of a problem they could be for the environment. An NFT is digital token in a similar way to Bitcoin, except there’s only one of each NFT. It is associated with a piece of content, guaranteed unique and so is worth whatever somebody will pay for it. In the case of a digital artist called Beeplewho had only ever previously sold a piece for $100, this was $69 million for an NFT for a digital collage of images called Everydays: The First 5000 Days sold at Christie’s in MarchBought by a collector in Singapore, this made him one of the world’s “top three most valuable living artists,” according to the auction house.  (more…)

Employee experience is top priority for CIO’s but UK held back by lack of tools

Employee experience is top priority for CIO’s but UK held back by lack of tools

Employee experienceElastic (NYSE: ESTC), the company behind Elasticsearch and the Elastic Stack, have announced a new study, claiming that employee experience has become a new priority for IT leaders as they reinvent their infrastructures to support remote workforces. The Changing Role of the IT Leader was conducted by Forrester Consulting on behalf of Elastic in February 2021, one year into the global pandemic, and published in April.
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Working from home surveillance drives rise of digital presenteeism

Working from home surveillance drives rise of digital presenteeism

Lockdown has meant the majority of UK office-based employees have taken up working from home arrangements over the last year, and it seems that many employers lack trust in their employees when they can’t physically see them. Last year saw a rise in the implementation of surveillance software, to ensure that workers are acting in best corporate interests. However, this is having a negative impact on some employees – who are feeling forced to work longer hours due to a new perceived need to remain visible to their manager or team leader, revealed in a survey by cybersecurity firm Kaspersky. With remote working set to stay post-COVID, these findings indicate a worrying growing trend around broken working from home employee trust. (more…)

‘Healthy buildings’ enjoy a surge in demand worldwide

‘Healthy buildings’ enjoy a surge in demand worldwide

healthy buildings SiemensA new survey of many of the world’s leading real estate investors finds that 92 percent of respondents expect demand for healthy buildings to grow in the next three years. The report claims that this is a compelling signal of the direction the real estate sector is heading. This finding, among others, is captured in a report titled A New Investor Consensus: The Rising Demand for Healthy Buildings (registration) which claims to be a comprehensive health and wellness study of global real estate investment managers and stakeholders representing aggregate AUM of $5.75 trillion and portfolio investments in real estate totalling approximately US$1.03 trillion. (more…)

Employees call for help to reduce cost and environmental impact of working from home

Employees call for help to reduce cost and environmental impact of working from home

environmentalNew research by environmental charity Hubbub suggests that workers want to almost double the time they work from home compared to life before COVID-19 arrived – from 35 percent to 63 percent of their working week. However, the increase in household energy use associated with working from home is a cause for concern. (more…)

Serfs up for the self-employed and gig economy workers (and the middle class)

Serfs up for the self-employed and gig economy workers (and the middle class)

One of the most significant consequences of the 2008 economic crash was a remarkable shift in the nature of employmentThe recession led to a surge in the number of people categorised as self-employed. The numbers have been increasing ever since, albeit at a lower rate. By the end of 2019, the number of self-employed people in the UK exceeded five million people for the first time. Fifteen percent of the workforce.  (more…)

BCO offers new guidance on indoor air quality

BCO offers new guidance on indoor air quality

indoor air qualityA new BCO research paper, Thoughts on ventilation design and operation post COVID-19, has called for UK offices to ensure they have adequate ventilation ahead of the return to work. The paper highlights that while most offices that follow good practice guidelines do benefit from indoor air quality, there are also many examples of poorly ventilated offices that fall short of the best practice guidelines set out in the BCO’s 2019 Guide to Specification. Poorly ventilated indoor spaces have been linked to COVID-19 super spreader events and the paper states that ventilation in these offices must be “addressed urgently.” (more…)

A shift from competition to community has never been more important

A shift from competition to community has never been more important

Now, more than ever, both at home and at work, we need to be surrounded by people we can rely upon and trust as we ride the waves of uncertainty. Over the past year, we have learnt that priorities and targets can be shifted in the blink of an eye which has increased the importance of flexibility, support networks and relying on each other. This is just as relevant in business, including who we choose as strategic partners and how we contract with those partners. (more…)

Half of employers don’t have a financial wellbeing policy

Half of employers don’t have a financial wellbeing policy

financialDespite the financial hardship wrought by COVID-19, half of employers (49 percent) don’t have a financial wellbeing policy. This is according to the latest Reward Management Survey from the CIPD (which 420 employers responded to). (more…)

London crowned the most desirable city in the world to work

London crowned the most desirable city in the world to work

LondonA new study on recruitment and workforce trends has crowned London as the world’s most desirable city to work in, with the UK capital holding onto the top spot, despite uncertainty around Brexit and the ongoing Covid-19 pandemic. (more…)

Employment intentions at their strongest in a year

Employment intentions at their strongest in a year

employmentUK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. (more…)

Nearly half of young people put their career plans on hold due to pandemic

Nearly half of young people put their career plans on hold due to pandemic

careerMore than 40 percent of young people aged 16-24 surveyed in the UK say they are putting their career or education plans on hold until the pandemic is over. The research, commissioned by BAE Systems to mark National Apprenticeship Week (8-12 February), looks at the impact the pandemic has had on the ‘lost generation’ and their career aspirations. (more…)