Search Results for: productivity

Third of Millennials more engaged by contributing to company vision than a high salary

Third of Millennials more engaged by contributing to company vision than a high salaryThe younger generation of workers say high visibility and the chance to help influence the workplace culture is of much more importance than the size of their pay packet. When asked by US-based firm Futurestep what matters most to them as employees, the greatest number of Millennial respondents – those born after 1980 – (23%) said it was “the ability to make an impact on the business,” followed by “a clear path for advancement” (20%) and “development and ongoing feedback” (16%). Income came in at fourth place at 13 percent. When questioning what makes Millennials choose one job over another, more than a third (38%) said “visibility and buy-in to the vision of the organization” while 28 percent said “a clear path for advancement.” “Job title and pay” came in third place at 18 percent.

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Majority of UK workers concerned about their ability to retire

Man-with-empty-pockets-006A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

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Lack of sleep of over a third of workers could be costly to the US economy

pillow02Forty-two percent of U.S. adults are getting less than seven hours of sleep on a typical night, the minimum number of hours recommended by the National Sleep Foundation for those aged 18 and older. Gallup research reveals not getting enough sleep is not only linked to lower well-being for individuals, but it is also costly to the U.S. economy. Employees may not have enough time to sleep because of working long hours, family obligations, insomnia or having poor well-being in other areas. For example, poor physical well-being, social isolation or financial strain could adversely affect quantity of sleep. According to Gallup, employers should explore interventions to promote the value of sleep and its link to employees’ well-being, as this relates to engagement, healthcare costs and productivity. When possible, they may want to allow employees to work flexible hours, which could make it easier for workers to balance work and family demands with getting enough sleep.

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Employers embrace mobile workforces but retain traditional workspaces

Employers are embracing mobile workforces yet retaining traditional workspacesNearly three quarters of employers that offer staff the opportunity to work flexibly are failing to reorganise their workplaces to reflect the new ways of working. Research commissioned by US based AV company Barco, found that while 86 percent of organisations indicated a remote working approach was being used within their business; rather than using this policy to reduce desk space, 73 percent of organisations admitted they still had allocated desks. This is despite the fact that the top three drivers for unifying communications are to increase productivity (51%), reduce costs (44%), and increase collaboration (27%). And though the BYOD trend is continuing, with half (50%) saying personal laptops and personal tablets (45.2 %) are being used in the workplace; 82 percent of those surveyed said that laptops are still company issued.

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Leading role for property sector in promoting ‘green infrastructure’ says UK-GBC

Key role for property sector in promoting 'green infrastructure' says UK-GBCThe property industry can play a leading role in protecting and enhancing national features and biodiversity. That is according to a new report by the UK Green Building Council Task Group which presents the business case for “green infrastructure”, the term used to describe natural and semi-natural features ranging from street trees and roof gardens to parks and woodland. Demystifying Green Infrastructure finds that introducing green infrastructure into the built environment offers a range of business opportunities, including an increase in the value of land and property, as well as social and environmental benefits. Aimed primarily at developers and occupiers, the report also identifies risks from failing to incorporate adequate green infrastructure into projects, such as delays in planning, increased costs and reputational damage.

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Employment confidence is increasing, but so is the pay divide finds CIPD

Employment confidence is growing, but so is a the pay divide finds CIPD The UK workforce is seeing an increasing pay divide between employers that can now afford to increase wages by 2 percent or more and those that are stuck in a pay freeze. According to the latest Labour Market Outlook from the CIPD, almost half of the UK workforce saw either a pay freeze or a pay cut (3% pay cut, 39% pay freeze) in the twelve months to December 2014. In contrast, a similar proportion (40%) have received a pay increase of 2 percent or more and less than a fifth (18%) fall in the middle ground of people who have received a pay increase in the 0.1-1.99 percent corridor. As well as identifying a growing pay divide, the report finds employment confidence is set to remain strong over the next three months with around two thirds of employers (65%) planning to recruit new employees.

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Why would you want a Google office when you can create your own?

You don't want a Google office do you?Google has dramatically shaken up the world of the Internet and also changed the face of the traditional office environment forever. Nothing has ever been the same, since the ubiquitous four-colour logo first appeared on the worldwide web. Everything that Google does creates a ripple in the business world. Whether it’s giving employees 20% of their time to focus on their own projects, allowing them to form teams to peruse the idea of their choice or installing slides instead of stairs many are asking “should we also be doing that?” And it’s not surprising. All companies want to be successful and there’s no better success story around than Google. So let’s try and model ourselves on or imitate Google, right? I have lost count of how many times I’ve heard “could we have an office a bit more like Google?”

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Two fifths of employees say work has a negative impact on their health

chocolate-muffinMillions of the UK’s workforce feel they’re putting their heart health at risk due to the pressures of their job, according to a new survey carried out by the British Heart Foundation during the charity’s Heart Month. The survey shows that a large number of employees feel their working life leads them to eat a poor diet, not doing enough exercise and drinking and smoking more than is good for them. The BHF is calling for employers to encourage their workforce to spend at least 10 minutes a day improving their lifestyle during February. The survey found two in five (41 percent) people feel their job has had a negative impact on their health in the last five years, with more than half (55 percent) saying they have become more stressed as a result of their job over the same time period.

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BIFM and CIPD launch Workplace Conversation to discuss future of work

BIFM and CIPD launch project to discuss future of workThe BIFM and the CIPD have launched a joint initiative that aims to examine the evolution of the working environment and the future of work. The Workplace Conversation, project, which was announced by BIFM Chief Executive, Gareth Tancred, at the Workplace Futures conference yesterday, builds on the agreement made between the two bodies last year to collaborate on ways the ‘custodians of two of the most important drivers of business performance – people and place’ could build bridges between the two disciplines. The project will aim to identify and define the challenges, ideas and opportunities on how work is enabled, both now and in the future, and will explore topics such as the emergence of new technologies, economic forces and flexible working alternatives, and their impact on business performance and the way people work.

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Workers face burnout as work continues to erode personal lives

burnoutOver two thirds of UK professionals (69 percent) are required to work outside of their regular office hours more than they were five years ago, according to a recent research from serviced office provider Regus. The survey canvassed the opinions of over 3,000 business people in the UK on their attitudes and approaches to work. A similar proportion of workers (72 percent) say that fixed hours are no longer suited to their duties; perhaps offering some explanation as to why so much extra time is spent at the office. Three quarters (76 percent) of respondents also reported a rise in remote workers, further suggesting that the concept of 9-5 day in the office is outdated. An earlier report from Regus, published in January found that the past five years have also seen a growing concern that workers face burnout.

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Flexible workers returning to the office to re-engage with employers

Publication1Research by office furniture maker Steelcase claims to show that the cost of disengaged employees is having a major impact on the performance of businesses. As a result many are now encouraging staff to spend more time in the office and working alongside colleagues as a way of re-engaging them. The report claims that in the UK only 83 percent of employees say they are disengaged at work with just 17 percent claiming to be actively engaged, compared to 30 percent in the US. This level of disengagement should be of serious concern for organisations, according to Catherine Gall, Director, Design Alliances for Steelcase.”Speaking at the HR Directors summit in Birmingham this week, she said: “The impact of employee engagement – or the lack of it – cannot be underestimated. It is a global issue and is affecting a wide range of companies.”

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Political focus on regulation misses real workplace issues, says CIPD

Politician's focus on regulations ignore the real workplace influencers says CIPDOne of the key policies of the Coalition Government is its Red Tape Challenge, intended to ‘roll back’ as many ‘restrictive’ employment regulations as possible. Such deregulation has been lambasted by the Labour party for its negative effect on employer / employee relations and workplace performance. As the parties gear up for the election May this argument looks set to intensify. Yet according to a major new report from the CIPD, Employment Regulation and the Labour Market, neither approach is likely to have any impact on UK labour market outcomes, suggesting there isn’t a case for the next Government to either deregulate or strengthen employment rights. Instead, the CIPD is urging policymakers to focus efforts on improving productivity through a much stronger focus on workplace practices, increasing awareness of existing rights and enforcing them more effectively.

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