Search Results for: manufacturing

Workers prize standard of technology over latest office design when moving jobs

Workers prize standard of technology over latest office design when moving jobs

Over half of UK workers (53 percent) say that the standard of technology is a key consideration for accepting a new job role and more than 1 in 3 (37 percent) would decline a job based on poor hardware alone, claims a new survey. The survey of over 2,000 British adults carried out by gadgets and technology e-tailer, LaptopsDirect.co.uk found that having the latest technology was valued more than other office perks, such as flexible working (45 percent), the working environment/decor (39 percent) and staff discounts (33 percent). Nearly a quarter of respondents (74 percent) overall, believe technology makes them more productive at work, with workers in marketing valuing technology the highest, with 84 percent of the votes, followed by those in creative and photographic (81 percent), information and communications (78 percent), professional services (73 percent) and education (71 percent).

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SMEs employers’ recruitment strategies have altered as a result of Brexit

SMEs employers’ recruitment strategies have altered as a result of Brexit

Half of SMEs (50 percent) questioned in a new survey have changed the way that they recruit their staff as a result of Brexit. The Albion Growth Report 2017 of more than 1,000 SMEs suggests that for businesses which have changed their strategy as a result of Brexit, 15 percent have decreased recruitment resources, 10 percent have begun recruiting in different ways and 9 percent have made redundancies. A difficulty in finding skilled staff is one of the biggest barriers to growth, behind broader political uncertainty and cash flow, which the research claims could lead to a potential war for talent which is likely to become more intense in the post-Brexit environment. By contrast, SMEs view difficulty in finding unskilled staff as the least significant barrier to growth. The report finds that nearly two thirds (65 percent) of SMEs believe their business lacks expertise. More than a quarter (26 percent) of businesses lack marketing talent, followed by business planning (19 percent), IT (17 percent), and software developers and technology specialists (17 percent).  Despite critical skills deficits, only a third of SMEs (33 percent) are currently hiring new employees.

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Hard working females under 35 most likely to join January job exodus

Hard working females under 35 most likely to join January job exodus

Hard working females under 35 most likely to join January job exodus

It probably doesn’t come as much of a surprise to learn that in the annual January ‘job exodus’, junior employees under the age of 35 years are most likely to leave their current roles, according to new research. However the Qualtrics Employee Pulse – a quarterly survey of more than 4,000 workers – shows that employees that pose the greatest flight risk are most likely to be female, think about work outside of contracted hours, and regularly checking emails on weekends. Of most use to employers, utilising its Experience Management Platform, Qualtrics has identified the top three drivers that will help encourage employees to stay in their jobs in the long-term. These are supporting a work-life balance, allowing employees to try out new tasks and skills in their existing role and ensuring managers are proactive in helping to solve problems or concerns in the workplace.

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We need to stop talking about self-employment as a monocultural phenomenon

We need to stop talking about self-employment as a monocultural phenomenon

Self-employment has grown considerably in the UK over the past 15 years, now totalling around 4.8 million workers, or 15 per cent of the workforce. There is a debate about the extent to which this growth in self-employment is a positive development: some believe that it is a positive feature of an entrepreneurial and flexible economy, while others fear that it is increasing levels of precariousness. This is a difficult issue to address as there is great heterogeneity among the self-employed workforce. In order to shed light on this, IES undertook research for the Centre for Research on Self-Employment (CRSE) to divide the self-employed workforce into segments. The policy debate on self-employment has often been carried out on the assumption that there is some homogeneity among the self-employed workforce. However, this is far from the case, and it could be argued that diversity is increasing due to the growth of the so-called gig economy. In order to help clarify the debate, IES undertook research for the CRSE that aimed to achieve greater clarity in terms of the size and nature of the different segments of the self-employed workforce. The aim is that if the sector is better segmented, this will help policymakers to avoid taking a broad-brush approach to the treatment of self-employed workers.

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UK enjoys sharpest rise in output for two years, CBI report claims

UK enjoys sharpest rise in output for two years, CBI report claims

Business activity in the UK ended the year on a high after manufacturers, service sector companies and retailers reported the sharpest rise in output in two years, according to a report from the business lobby group CBI. The composite measure based on 642 respondents across the three sectors showed the balance of firms reporting a rise in output at +19 percent, compared with +6 percent in the three months to November 2017. Growth was broad-based, according to the CBI, with all sectors reporting robust output volumes growth last quarter at a pace above their long-run averages.

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The power of cities continues to shift east as Asia set to outstrip Europe and North America by 2035

A new report from Oxford Economics suggests although New York, Tokyo, London and LA will stay as the world’s major urban superpowers in the near future, China’s cities’ GDP will double in the coming two decades while Shanghai (pictured) and Beijing have already outstripped Paris in terms of economic activity. The 780 global urban centres covered in the report account for well over half of all worldwide economic activity, are home to a third of the world’s population and will be home to an extra 500 million people by 2035. In just over a decade the combined economic activity of Asian cities will exceed those in Europe and North America. Some smaller European cities will fall out of the top 100 cities worldwide, including several capitals. These are Amsterdam, Brussels, Copenhagen and Vienna as well as Barcelona, Frankfurt and Hamburg.

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Smart cities could lead to cost savings of $5 trillion for firms and governments, report claims

Smart cities could lead to cost savings of $5 trillion for firms and governments, report claims

Smart city technologies could save businesses, governments and citizens globally over US$5 trillion annually by 2022 according to a new whitepaper from ABI Research (registration required). The new white paper analyses the scope for cost savings and efficiency as a driver for smart city deployments, smart technologies and the Internet of Things (IoT). According to the report, titled ‘Smart Cities and Cost Savings,’ the use and deployment of IoT and smart technologies will be pivotal to the future success of smart cities, but only if players collaborate to embrace a holistic approach. With higher concentrations of people and enterprises in cities as a result of urbanisation, smart city and IoT technology, along with new sharing and service economy paradigms, will be key for cities to optimise the use of existing assets, maximise efficiencies, obtain economies of scale and ultimately create a more sustainable environment. Automation, artificial intelligence, along with sensors, data-sharing and analytics, will all be critical in helping cities save costs.

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UK workers low opinion of colleagues reduces chances of good teamwork

UK workers low opinion of colleagues reduces chances of good teamwork

British workers believe that just 68 percent of their colleagues are good at their job, and nearly a quarter of staff (23 percent) would describe their colleagues as ‘lazy’ new research suggests. The more senior position people attain, the lower opinion they have of their colleagues: according to new research by Dropbox on team behaviour within UK businesses, which marks the launch of a new study, conducted in conjunction with philosophers at The School of Life. The research revealed several potential causes for the low opinion British workers have for some of their co-workers, and why they are not contributing to successful teamwork. A third (35 percent) say they have had to cover up a mistake for a colleague and nearly a quarter (22 percent) say they have had their work claimed by others and presented as their own. Seventeen per cent even said their boss had previously done this. Actions such as this undermine trust within teams – and stop credit being given where it is due – which can in the long term erode the ability of a team to function together.

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Government targets 50 percent cut in greenhouse gases from the built environment

Government targets 50 percent cut in greenhouse gases from the built environment

The UK government has set some ambitious targets for construction and the environmental performance of buildings following the announcement of a Sector Deal for the construction sector. The sector deal was an integral part of the Industrial Strategy White Paper published earlier this week. In a statement, Business and Energy Secretary Greg Clark revealed more details of the deal supported by £170m of government investment and £250m of match funding from the built environment sector. The announcement sets out ambitious new targets for the built environment and infrastructure including a 50 percent reduction in greenhouse gases and a third reduction in the costs of construction and whole life costs of buildings.

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New study measures the effect of reduced working hours on productivity and inequality.

New study measures the effect of reduced working hours on productivity and inequality.

A new report in the journal IZA World of Labor claims that working hours across the world are falling, but to varying degrees and there is a measurable impact on productivity and workplace inequality in the countries surveyed. In particular low skilled workers are working fewer hours while highly educated workers are often working more which affects the inequality gap between rich and poor. Working hours across the world are falling, but considerable variation remains. In some countries people work 70 percent more hours per year, on average, than in other countries. According to the economist Peter Dolton of the University of Sussex, countries with low working hours such as Germany, Switzerland, France, Belgium, and Austria, have had governments enact progressive interventionist labour market policies and are notable for the presence of strong, well-organised trade unions. The report is available in both English and German.  More →

Mergers and acquisitions often fail because workers struggle to integrate into the new organisation

Mergers and acquisitions often fail because workers struggle to integrate into the new organisation

Mergers and acquisitions often fail because workers struggle to integrate, and new research from King’s Business School and the University of Helsinki claims that successful integration is much more likely when organisations actively help employees feel that their jobs are safe. Organisations must also ensure that their integration procedures are seen to be fair and just. Professor Martin Edwards and his co-authors studied the merger of three universities and the acquisition of a manufacturing organisation by a larger multinational. As the first study to track employees during and after a merger and an acquisition, it identifies the factors that influence the likelihood and rate of employee integration.

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Nine out of ten employees believe flexible working is key to boosting productivity

Nine out of ten employees believe flexible working is key to boosting productivity

Data published by HSBC claims that flexible and remote working practices are more likely than financial incentives to motivate staff and ultimately increase workplace productivity. A study of British businesses and employees found that nine in ten employees surveyed (89 percent) consider flexible working to be a key motivator to their productivity levels within the workplace – a view shared equally among male and female employees (87 percent and 90 percent respectively) – and more so than financial incentives (77 percent). Alongside this, 81 percent of workers who can work remotely believe this opportunity helps them to improve their productivity, making a clear link between flexible working cultures and increased business productivity levels.

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