February 13, 2019

Stark levels of stress among small business owners as they struggle to stay solvent

Chronic work-related stress has risen sharply among small business owners, with a fifth of small business owners look to taking a job elsewhere to stay afloat this year. This is according to new research from AXA, which reveals that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of survival if financial cushions are not in place too. The study finds a sharp increase in financial anxiety amongst business owners. Over the course of 2018, those reporting they felt chronically stressed about their businesses increased by almost 50 percent, reaching 29 percent by year end. More →

February 8, 2019

Half of HR departments plan to offer new employee benefits

by Neil Franklin • News, Wellbeing, Workplace

According to Gallagher’s Benefits Strategy & Benchmarking Survey (registration required), 45 percent of HR practitioners are planning changes to current employee benefit offerings amid a highly competitive labour market. The survey shows an increasing number of organisations are fully aware of the measurable impact that benefits have on engagement and productivity. Among HR practitioners planning changes, 72 percent are seeking to enhance benefits, thereby improving their employer brand and becoming more competitive in recruitment. The second-most popular planned change is improving flexibility in benefits, with 47 percent attempting to bolster flexible options to extend individual choice. More →

February 1, 2019

Employee experience of the workplace does not match employer rhetoric, claims report

by Mark Eltringham • News, Workplace

A new report (registration needed), based on a survey of UK employers and employees, claims to reveal a significant and increasing gap between employees’ experience of being employed and what employers believe this experience to be. Barnett Waddingham’s four research papers claims that while the majority of employers (61 percent) believe the levels of wellbeing in their organisation to be high, only 19 percent of the employees surveyed report high wellbeing. According to the authors, this suggests employers do not sufficiently know or understand the needs of their people.

January 25, 2019

People who experience early redundancy have poor health in later life

by Mark Eltringham • News, Wellbeing

People who involuntarily lose their job early in their career have poorer health in later life, according to new findings from the University of Kent in the UK and the University of Bamberg in Germany. Researchers, including Dr Olena Nizalova from the Centre for Health Service Studies (CHSS) within the School of Social Policy, Sociology and Social Research (SSPSSR) at Kent, set out to establish what the long-term implications of enforced unemployment are on individuals over the course of their life, particularly in later life.

January 7, 2019

Firms and their workers need to adapt more quickly to changing world of work

by Neil Franklin • Flexible working, News, Technology

Governments need to do more to help workers and firms adapt to the fast-changing world of work and drive inclusive growth, according to the new OECD Jobs Strategy. New evidence in the report claims that countries that promote job quantity, quality and inclusiveness – such as Denmark, Iceland, Norway and Sweden – perform better than those which focus predominantly on market flexibility. While flexibility and adaptability are essential to stimulate the creation of high-quality jobs in an ever more dynamic environment, the gains and costs need to be fairly shared between businesses and workers, according to the OECD.

January 7, 2019

World Bank report calls for changing approach to working cultures

by Neil Franklin • News, Workplace

A new report from the World Bank has call for more investment in people to prepare them for the economies of the future. The 2019 World Development report (WDR) “The Changing Nature of Work” claims that digital technologies are driving the demand for advanced cognitive skills, socio-behavioral skills, and adaptability in labour markets. The digital economy also presents an opportunity to create more jobs.

December 18, 2018

Government’s new workplace reforms: the world responds

by Neil Franklin • Flexible working, News, Workplace

The UK government has introduced what it claims to be the most significant package of workplace reforms for 20 years in response to last year’s Taylor Report on working practices. The Good Work Plan has introduced a range of measures which the Government claims will improve the rights of agency and part time workers and discourage employers from indulging in unwelcome practices. The reforms are intended to stop businesses opting out of equal pay arrangements for agency employees and improve the conditions for gig economy workers generally, for example by giving workers details of their rights from the first day in a job, such as eligibility for sick leave, pay levels, maternity and paternity leave.

November 28, 2018

Government treading carefully with proposed plans for gig workers

by Neil Tonks • Comment, Flexible working, Legal news

Leaked government plans to protect the working rights of people operating in the gig economy will help to stop unscrupulous employers from exploiting low-paid workers by stamping out false self-employment. But it is questionable whether this goes far enough. More →

November 21, 2018

Go Home On Time Day highlights one of the least discussed workplace issues

by Mark Eltringham • Flexible working, News, Wellbeing

Today is National Go Home on Time Day (in Australia at least) and the 10th annual report by The Australia Institute’s Centre for Future Work published to coincide with it estimates that Australian employees will work 3.2 billion hours of unpaid overtime for their employers this year, worth an estimated $106 billion in wages. It’s refreshing to see a figure applied to this issue, because most of the stuff we get tends to highlight how much time employers are losing to the myriad of distractions, responsibilities, foibles, preferences, cock-ups and ailments that come with giving jobs to humans. An issue we satirise here. More →

November 21, 2018

UK on target to reach one million women working in STEM fields by 2020

by Neil Franklin • News, Workplace

According to new research by WISE, the campaign for gender balance in science, technology, engineering and mathematics (STEM), the UK is on track to have one million women working in core STEM roles by 2020. The research shows that there are over 900,000 women working in STEM currently and an estimated 200,000 women with STEM qualifications will reach working age within the next 2 years. The news was announced at WISE 2018 Awards presented by the Patron of WISE, HRH, The Princess Royal.

November 16, 2018

More needs to be done to bridge the digital gender divide, says OECD

by Mark Eltringham • News, Technology

Barriers to access, education and skills, as well as ingrained socio-cultural biases, are driving a digital gender divide that is holding back women’s participation in the digital economy, according to a new OECD report. Bridging the Digital Gender Divide: Include, Upskill, Innovate says women are not currently empowered to take advantage of the opportunities offered by the digital transformation. While G20 economies have taken important actions to narrow gender gaps in general, more needs to be done to increase the participation of women and girls in the digital economy so that they too can contribute to and benefit from the digital transformation that is under way.

October 31, 2018

Business leaders agree that organisations must be digitised to compete

by Sara Bean • AI, Facilities management, News, Technology, Workplace

Over two thirds (67 percent) of business leaders agree their company must become significantly digitalised by 2020 to remain competitive, and they are looking for HR leaders to lead the transformation. This is according to Gartner, Inc whose latest research suggests that CEOs are sharing their focus on digitalisation with their investors; with mentions of “digital” on earnings calls increasing by 20 percent year-over-year since 2010. CEOs are seeking ways to keep costs down while achieving gains in efficiency and productivity, and the HR function is expected to lead digital transformation efforts across their organisations. More →