Search Results for: pay ratio

Firms will need to build bridges with employees as they adapt to hybrid working

Firms will need to build bridges with employees as they adapt to hybrid working

hybrid working engagementAs we enter a new phase of working life following the short term changes made to cope with the pandemic, the three key priorities for the 1,300 employers surveyed by the Benefits & Human Resources Consulting operation of Gallagher for its 2021/2022 State of the Sector report (registration) are: the need to re-engage their teams around purpose, strategy and values (53 percent); the need to adapt communication channels to engage the workforce better as they move to newly implemented models of hybrid working (39 percent); and the need to enhance people manager communications (31 percent). More →

Despite the talk of the Great Resignation, most people actually enjoy their jobs

Despite the talk of the Great Resignation, most people actually enjoy their jobs

great resignation happyWhile many people may be busy considering their career options as part of the ‘Great Resignation’, a new poll claims that the majority of Brits actually enjoy their jobs. According to data from HR software provider CIPHR around two-thirds (65 percent) of the 1,031 employees polled said they either love or like their current jobs (19 percent and 46 percent respectively). CIPHR took the findings of how people feel about their jobs and grouped people with related job titles together (using the Office for National Statistics’ standard occupational classifications) to compile a list of the UK’s best-loved – and also least-liked – occupations: www.ciphr.com/uks-favourite-jobs. More →

Working from home fuels concerns for energy consumption

Working from home fuels concerns for energy consumption

working from home and the environmentBack in February 2020, consulting firm WSP UK published some interesting research that revealed those working from home during the summer saved around 400kg of carbon emissions, the equivalent of 5 percent of a typical British commuter’s annual carbon footprint. The catch was that it was just a seasonal benefit. If an average employee worked at home all year round, they would produce 2.5 tonnes of carbon per year – around 80 percent more than an office worker. This is because, during the winter, most heating systems in Britain heat the whole house, which produces far more carbon emissions than would be produced from the commute.   More →

Firms that invest in sustainability are more resilient, research claims

Firms that invest in sustainability are more resilient, research claims

resilience and sustainabilityInvesting in sustainability increases the resilience of small and medium-sized enterprises (SMEs) because they become more creditworthy, according to new research conducted by Vlerick Business School and commissioned by ABN AMRO.  Although large companies are under scrutiny from regulators, consumers and the media to become more sustainable, the sustainability transition is unachievable without the involvement of SMEs. Especially since SMEs constitute more than 60 percent of the value-adding economic fabric in Europe. More →

Employment opportunities denied to people from low socioeconomic backgrounds

Employment opportunities denied to people from low socioeconomic backgrounds

employment opportunitiesOver 50 percent of UK job seekers from low socioeconomic backgrounds miss out on employment opportunities, claims a study of over 2,200 people. The survey (registration), from EdTec startup Forage suggests that employers must refine their social mobility initiatives to achieve a fair recruitment process for all. More →

Firms need to do more to engage, attract and retain staff

Firms need to do more to engage, attract and retain staff

Over 40 percent of employers are finding it more difficult to retain and recruit staff, according to Aon’s Benefits and Trends Survey 2022 (registration). The report claims that many employers have adjusted their benefits strategies to address an intense labour market, in which employee work motivations have shifted in the wake of the COVID-19 pandemic. Forty-one percent of employers said they have found it more difficult to retain staff in the last year, while 44 percent have found it more difficult to recruit new staff. Many employers anecdotally expressed in the survey that they need to pay higher salaries or sign-on bonuses to entice new recruits. More →

How to provide a great place to work for remote workers

How to provide a great place to work for remote workers

A great place to work for remote workersRemote working swiftly evolved from a stopgap lockdown solution into a globally successful workstyle – and it’s set to stay. According to research quoted by CityAM, “84 per cent of UK businesses plan on having a hybrid, flexible or remote workforce following the pandemic”. Some companies, like Deloitte, have placed all bets on remote in closing their offices and basing employees from home, enjoying a vast reduction in operational costs. This flexibility has offered immediate benefits for remote workers, ranging from lifestyle and financial to positive influences on wellbeing. Workers in particular social groups have experienced life-changing situations, securing work in previously inaccessible geographic locations. More →

Toxic workplace culture is driving staff to exit door

Toxic workplace culture is driving staff to exit door

toxic workplace cultureNearly two-thirds of employees who claim to have experienced a toxic workplace culture say the compensation they received did not make up for the emotional distress caused, according to new research from Culture Shift. The research from the impact software developer claims that 61 percent of those who have experienced problematic workplace behaviour have had to take a period of long-term leave, with over half (55 percent) saying the emotional distress lasted up to two years, while a third (34 percent) say it lasted three to four years. More →

Learning and development disconnect between women in tech and employers

Learning and development disconnect between women in tech and employers

developmentSkillsoft (NYSE: SKIL), has released new research exploring the current state of women in tech including the challenges and barriers to inclusion they face and how employers can better support them. Findings from Skillsoft’s 2021 Women in Tech Report claim that while female employees have gained hard-fought ground in the workplace, a large gap still exists when it comes to opportunities for professional development and career advancement. More →

Pandemic-driven shifts have made the workforce smaller, younger and more female

Pandemic-driven shifts have made the workforce smaller, younger and more female

pandemicThe pandemic has not led to mass unemployment as many feared, but has instead driven wider shifts that have increased employment among younger women, but pushed many men and older workers out of the labour market altogether, according to new research. More →

Doing what you love may not automatically make you happier at work

Doing what you love may not automatically make you happier at work

There is a classic saying which has shaped our job choices for years: “Do what you love, the money will follow.” New research suggests this may be true, although not in the way it was originally conceived. The typical logic train has suggested job interest shapes satisfaction and, in turn, satisfaction may drive better performance. However, new research published in the Journal of Vocational Behavior provides some fresh perspectives. It turns out satisfaction has many facets. While interest is one component in job satisfaction, it is not the primary component. Elements such as the organization, relationships with colleagues, leadership and compensation are actually more important than interest in predicting satisfaction. More →

Employers expect significant organisational transformation due to technology advances

Employers expect significant organisational transformation due to technology advances

organisational transformationDue to the significant workplace technology changes brought on by the pandemic, more than half (53 percent) of employers plan extensive organisational transformation in the next two years. More →