Search Results for: governments

UK firms turn to flexible working and wellbeing to bridge productivity gap

UK firms turn to flexible working and wellbeing to bridge productivity gap 0

flexible working womanIt’s not just larger organisations and governments that are having to grapple with the UK’s persistent ‘productivity puzzle’ but also smaller businesses who are increasingly turning to flexible working and other people centric initiatives to address the problem. That is one of the main findings of a new report from trade association Group Risk Development (GRiD).  According to their survey, nearly a quarter of employers (23 percent) believe productivity is an issue facing their business.  According to the office for National Statistics (ONS) this is a common problem across the entire UK economy as output per hour is stubbornly around 20 percent below the average for all G7 economies. This is the widest gap ever recorded and, according to GRiD is driving employers to seek ways of addressing their own shortfall with flexible working and wellbeing initiatives as well as investment in new equipment and technology.

(more…)

OECD report urges firms to use Big Data analytics for growth and wellbeing

OECD report urges firms to use Big Data analytics for growth and wellbeing 0

WellbeingA new OECD report claims that organisations could be doing far more to use the data they and their employees generate to deliver a wide range of social, economic, commercial and personal benefits. In Data-driven innovation for growth and wellbeing, it suggests that  governments do more to encourage investment in Big Data and promote data sharing. The report urges countries to act to train more data scientists, reduce barriers to cross-border data flows and encourage investment in business processes to incorporate data analytics. It also claims that few companies outside the ICT sector are changing internal procedures to take advantage of data. This is particularly the case for small and medium-sized companies who face barriers to the adoption of data-related technologies such as The Cloud, partly because they have difficulty implementing organisational change due to limited resources.

(more…)

How workplace design is more closely reflecting how we actually work

How workplace design is more closely reflecting how we actually work 0

workplace design and how we workIn years gone by, a ‘one size fits all’ approach to office design might have been the norm, but as the decades have progressed, so too have the options available to businesses designing ‘homes from home’ for their office-based workforces. As new interpretations of the office environment proliferated, so the open plan model came to into being and eventually evolved into the default office design model. This initially brought greater variety than ever before but, ultimately, a one size fits all mentality in workplace design ultimately prevailed – every worker was expected to work in certain ways, utilising the equipment and furniture supplied and designed for them. From inception through to occupancy, the average new office involves a six-year period of design and construction involving varying teams of people discussing the best and most attractive solution for the actual end user.

(more…)

The worldwide demographic timebomb is transforming the workplace

The worldwide demographic timebomb is transforming the workplace 0

older-workers-in-demand-810x540There are a number of reasons why we shouldn’t be drawn into blindly accepting the narrative about Generation Y’s impact on the workplace. It seems the most important is also the least talked about. It is that the workforce is actually ageing in the world’s leading economies. While it may be true that 27 is middle -aged for employees at technology companies, for pretty much everybody else, shifting demographics, longer lives, improving health, falling pensions and changing personal preferences are likely to mean they stay in the workforce for longer. This is true in both the UK and US, where Millennials may make up the largest demographic grouping in the workplace but are still in a minority within an increasingly diverse workforce. The dynamics of these changes are playing out in different ways in different countries, but the forces are essentially universal.

(more…)

Growth of on demand economy is transforming work and workplaces

Growth of on demand economy is transforming work and workplaces 0

On demand economySome of the key characteristics of the workplace of the near future are starting to crystallise pretty rapidly. In many ways, employees are aware of this to a greater extent than employers, legislators and politicians. For example, this week and over recent weeks Uber has been arguing in courts around the world that its drivers are not employees but are in fact self-employed. This is the shape of things to come. In the UK, around a fifth of the workforce is already freelance or self-employed, something which politicians like to misinterpret as small business, possibly  because it makes them look better because they associate it with entrepreneurialism and the prospects of these firms employing other people. The idea this is simply not the case is supported by a new report from software provider Intuit which claims that just 13 percent of British workers think they will be in traditional employment in 2025.

(more…)

Wellness policies often ignore the role of the workplace environment

Wellness policies often ignore the role of the workplace environment 0

StressA new meta analysis compiled by researchers from Harvard Business School and Stanford University raises questions about the way Government and organisational policies designed to tackle the problems of work related health costs in the United States have largely ignored the health effects of ‘psychosocial workplace stressors’ such as high job demands, economic insecurity, and long work hours. The analysis of 228 existing studies assessed the effects of ten workplace stressors on four specific health outcomes. The researchers claims that job insecurity increases the odds of reporting poor health by about 50 percent, high job demands raise the odds of having a diagnosed illness by 35 percent, and long work hours increase mortality by almost 20 percent. They argue that any policies designed to address these issues should account for the health effects of the workplace environment.

(more…)

Staff want flexible working but worry about growing fat, stale and lonely

Staff want flexible working but worry about growing fat, stale and lonely

flexible workingA new report from Regus, based on a study of 44,000 workers worldwide claims that while many people see flexible working as an important factor in their career choices, they also remain worried about what working from home will mean for their happiness, health, family lives and job prospects. The report claims that many workers are afraid that working from home will mean they grow lonely, overweight and stale. According to the report, home workers still long for a chance to mix with other professionals and so opt to pop out of the house regularly for a change of scenery and to reconnect with the real world. (more…)

European workers optimistic about the impact of workplace technology

European workers optimistic about the impact of workplace technology

Workplace technologyThe European workforce is optimistic about the impact of new and emerging workplace technology although many employers face challenges in pursuing digital business models, according to new research by Accenture. The report claims that more than four times as many workers think technology will improve their working lives than those who think it will have a negative impact. The study of over 2500 workers and 500 business leaders in the EU found that 57 percent of workers think technologies such as robots, apps, data analytics and artificial intelligence will improve their working experience versus eight percent who think it will worsen it. Fifty percent of EU workers believe that digital technology will improve their job prospects compared to 12 percent who think it will limit them.

(more…)

Happiness and wellbeing must be at the heart of the economy finds new report

Happiness and wellbeingTo mark International Day of Happiness, a major new report has revealed that a country’s GDP fails to reflect levels of people’s happiness, which, it says, “are not easily reducible to monetary values”. Wellbeing and policy was commissioned by the Legatum Institute, which established the Commission on Wellbeing and Policy to advance the policy debate on social wellbeing and is chaired by the former head of the civil service Lord Gus O’Donnell. It finds there is growing recognition that the measures of a country’s progress need to include the wellbeing of its citizens. The report adds that with job satisfaction on a long-term downward trend in most advanced countries, and people ranking time spent with their manager as among their least happy moments in the day, there’s a lot more employers can be doing to address levels of wellbeing and happiness at work.

(more…)

Budget to focus on flexible working, broadband and regional economy

flexible workingAccording to reports in today’s Times, two of the key commitments in this week’s budget announcement will be a commitment to the development of the UK’s technological infrastructure as well as more details on plans for the UK’s regional economies. What is telling about both is they signal an overdue recognition that the vast majority of the UK’s inhabitants don’t live in London and even those that do find it increasingly unaffordable and unattractive. Accordingly, the first communities to be targeted for superfast and ultrafast broadband will be those in the remotest parts of the country, which until now have been those most at risk of being in the slow lane of technological developments. The Times reports that until now about 1.5 million homes were due to miss out on a pledge to give 95 per cent of people access to fast internet by 2017.

(more…)

How a big, stupid idea can be more attractive than a small, effective one

We’re going to be hearing a lot of big ideas over the next few weeks. Politicians will be sharing their ‘visions’ with us and letting us know exactly how ‘passionate’ they are about them and anything else Twitter tells them we care about. It’s going to be boring and infuriating, but we only have ourselves to blame. We fret when politicians don’t give us a handy label on which we can rest our hopes or lay the blame, depending on whether we agree with whatever the big idea is or not. Of course, David Cameron’s vision of choice when he became Prime Minister in 2010 was The Big Society. I won’t get into the rights and wrongs of that but I think we can all agree that The Big Society has been kicked unceremoniously into The Long Grass and we won’t be hearing much about it in the build up to this year’s General Election. Nor will we be hearing much about another of David Cameron’s pet projects even though that has actually gone on to be something of a success.

(more…)

Job automation seen as a key digital challenge in new policy report

Whichever party or coalition forms the next UK Government will face a raft of serious challenges with the emerging digital economy, including making plans for the automation of up to a third of existing jobs. That is the main conclusion of a new report published this week by The House of Lords. Make or Break: The UK’s Digital Future, argues that the next 20 years will present the UK with a range of profound challenges and opportunities and it is incumbent on the Government to address them at the earliest opportunity. As well as imminent and well known  issues such as the need to roll out ultrafast broadband countrywide and the development of skills and digital clusters, the report also highlights the particular issue of what to do about the claim that up to 35 percent of jobs over the next two decades will be automated.

(more…)