Search Results for: workforce

Third of global employers have formal wellness plans

Bosses favouritesLess than half of organizations worldwide actively apply the basic elements of a health management programme, with just a third having a formal strategic plan for health and wellness. This is according to Mercer’s Talent Barometer research which explores key accelerators of talent effectiveness – education, health and wellness, and career experience – and their impact on successful workforce practices. While employers are investing in talent, with 60 per cent of organizations increasing spending in this area in recent years, only 24 per cent say their current plans are highly effective in meeting immediate and long-term human capital needs.

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Employers vastly underestimate savings of freeing up desks

Employers vastly underestimate savings of freeing up desks

Green economy

The latest salvo in the flexible working debate is a study which reveals that despite potential savings of around £34bn by freeing up desk space and working more flexibly, the majority of UK business leaders grossly underestimate what it is possible to save with two out of three (65 per cent) insisting they can’t lose any desks. According to a Vodafone UK survey one in five of those  surveyed thought that their employees remained rooted to the old principle that all employees should have their own desk space (21 per cent) and flexible working ultimately leads to employees taking advantage of the system (23 per cent).

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Employers managing multigenerations of staff “in the dark”

GRiD age research

The  latest example from a plethora of surveys is published today to add more fuel to the suspicion that “Generation Y NOT ME?” either needs slapping down or is being grossly misrepresented. “The Workplace Revolution”, by recruiter Adecco Group reports that half of those aged 34 and under – Generation Y – (47 per cent) want a promotion every two years, compared to just a fifth (22 per cent) of UK workers as a whole. But the report also warns that employers that fail to engage, motivate and retain their best employees across all ages risk damaging productivity and competitiveness.

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UK workers’ real wages have fallen furthest

pay squeeze

British workers have seen the biggest fall in wage value among the world’s wealthiest countries, according to a TUC report on the global economic race published today. Between 2007 and 2011 – real wages fell by 4.5 per cent in the UK, falling at nearly twice the rate of Spain – the next worst-performing economy that year.  However, as we reported last month lower wages appear to be contributing to higher employment rates in the UK compared to countries where pay rates are higher, such as Spain and Italy.

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Staff development still tops European employers’ priorities

Image credit: <a href='https://www.123rf.com/photo_10259161_portrait-of-successful-young-businessman-showing-presentation-in-a-meeting-at-office.html'>logos / 123RF Stock Photo</a>

European employers are still maintaining ambitious staff development plans, despite the gloomier macro-economic climate. According to a study by Aon Hewitt, the proportion of companies that expect to add new jobs in 2012 has increased to 47 per cent, overtaking the number of companies foreseeing a reduction of their workforce (31 per cent). Explained Leonardo Sforza, chair of the European Club for human resources Scientific Committee: “The slow and painful road to economic recovery is not discouraging successful multinationals from continuing to invest in their human capital and from demonstrating the belief that their people remain the most powerful engine for sustainable growth and innovation.” More →

Yahoo case doesn’t tell the whole story of teleworking

Yahoo! Sunnyvale headquarters.  October 28, 2001 (Y! Photo / Brian McGuiness)Yahoo! made headlines across the US and the rest of the world this week by announcing they are terminating the company’s telework program.  Does this signal, broadly, the pending demise of telework?  Here’s my take: this story is actually deeper than just about telework. Yahoo! has been wandering around aimlessly for a number of years, and it would appear that this particular measure is intended as some overdue shock therapy to jump-start a much needed culture shift and focus on what the company needs to survive in a world of rapid innovation and “big bang disruption” (see March 2013 HBR article by Larry Downes and Paul F. Nunes).

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Job dissatisfaction highest amongst Gen Y workers

Gen YHot on the heels of the news this week that generation Y workers are more risk averse than older employees, it seems they’re also more dissatisfied with their jobs than other age groups. A new survey by Office Angels shows that over a quarter (27 per cent) of 25-34 year olds are unhappy in their current job, compared to just a fifth (20 per cent) of those aged over 55. This backs up the Monster.com survey, which found more than half of Gen Y employees (55 per cent) see their current employer as a mere stopping off point in their career path.

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Survey finds global support for wellness initiatives

Working well

Wellness programs are no longer a “soft” issue for organisations around the globe with employers increasingly recognising the value of employees’ health and well-being to their organisations’ bottom line. According to the latest report from Buck Consultants, global employers – regardless of location, identify improving worker productivity and reducing presenteeism as one of their top wellness objectives. Wellness initiatives also continue to add value over time and while significant results can take years to realize, the survey shows how the impact of wellness programs differs by short-term and long-term payoff.

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Global confusion in managing employee “data deluge”

employee data

Over a quarter of employers worldwide do not know how their workforce potential is affecting the company’s bottom line. A new report by talent measurement solutions provider SHL suggests HR managers are overwhelmed by the volume of employee data and struggle to elicit meaningful insight that will help drive businesses forward and deliver results. “Our research shows that even though organisations measure employee performance, they have historically focused on efficiency data, like how well an employee is performing versus data that allows them to make a strategic talent decision,” said Ken Lahti, vice president, Product Development and Innovation, SHL.

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Companies failing to communicate flexible working policies

consumerization-320x240

Less than one fifth of staff are being encouraged to work flexibly, with businesses failing to reap the rewards of increased productivity and employee well-being resulting from modern work practices and technology. New research by O2 reveals that whilst staff are ready to embrace new ways of working and understand the benefits, it is employers who are holding them back. More than three quarters (77 per cent) of employers say that flexible working is actively encouraged across their organisation but less than a fifth (19 per cent) of staff say their company encourages them to work flexibly. More →

Flexible working bolstering employment growth in UK

Jobs

Employment will continue to grow in the first quarter of 2013, despite stalled economic growth. According to the latest Chartered Institute of Personnel and Development (CIPD)/SuccessFactors Labour Market Outlook the proportion of employers that intend to increase total staffing levels remains positive for the first quarter of 2013. Gerwyn Davies, Labour Market Adviser at the CIPD, said: “While muted pay growth is playing a part, we also see continued evidence that employers are reluctant to lay-off skilled workers.” He added: “Some employers are clearly using flexible working and reduced hours to adapt to trading conditions.” More →

Flexible working seen as of more benefit to employers than staff

Flexible working

Nine in ten UK professionals think that flexible working will become the dominant employment model – but half think it will be adopted for business reasons rather than to benefit the workforce. According to research from specialist HR recruiter Ortus, just one in ten professionals (12 per cent) actually deem flexible working to be a vital benefit – lower than the proportion who said a free company mobile phone is vital to them. And just 1 in 10 said they thought it was being implemented to help with gender equality. In the survey conducted among 450 professionals across a variety of sectors, 51 one per cent felt the reason behind the growth of flexible working is efficiency and productivity – not to help people manage the number of hours they work. More →