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Money worries undermine performance of one in four workers says CIPD

Money worries undermine performance of one in four workers says CIPD 0

Money worries undermine performance of one in four workers says CIPD

A quarter of people are suffering with money problems so substantial that it is affecting their ability to do their job, claims a new survey published by the CIPD and Close Brothers Asset Management. Physical fatigue caused by lost sleep when worrying about money, is the most common explanation for how financial concerns have impacted people’s productivity, effecting one in five employees (19 percent). The number reporting problems rises to a nearly a third (31 percent) among 18-24 year olds, and those living in London (32 percent). The problem is not limited to low earners either, with one in five (20 percent) of employees earning £45,000 to £59,999 saying that financial anxiety has affected their ability to do their job. Meanwhile, women are more likely than men to report that money worries are affecting their work, with nearly three in ten (28 percent) women reporting the problem, compared with less than one in four (23 percent) of men.

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Government plans include improvements to mental health support at work

Government plans include improvements to mental health support at work 0

Mental health support at workPrime Minister Theresa May has announced a package of measures to address mental health support in schools, workplaces and communities. The plans, which aim to help ensure that no one affected by mental ill-health goes unattended also includes a new partnership with employers to improve mental health support in the workplace. The Prime Minister has appointed Lord Dennis Stevenson, the long-time campaigner for greater understanding and treatment of mental illness, and Paul Farmer CBE, CEO of Mind and Chair of the NHS Mental Health Taskforce, to drive work with business and the public sector to support mental health in the workplace. These experts will lead a review on how best to ensure employees with mental health problems are enabled to thrive in the workplace and perform at their best. This will involve practical help including promoting best practice and learning from trailblazer employers, as well as offering tools to organisations, whatever size they are, to assist with employee well-being and mental health. It will review recommendations around discrimination in the workplace on the grounds of mental health

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Report calls for ‘workplace guardians’ to support employee wellbeing

Report calls for ‘workplace guardians’ to support employee wellbeing 0

Report calls for 'workplace guardians' to support employee wellbeing

Businesses need to shift their focus away from functional issues, such as cost per square metre, and towards the productivity boost that can be delivered through well-designed work spaces which engage employees and make them feel valued. This is according to a new study produced by Interserve, Designing and delivering effective workplace experiences – a practical guide, which argues employers should adopt teams of ‘workplace guardians’ to curate work spaces that support employee wellbeing and overall business performance. The report sets out a six-stage programme for businesses to create effective workplace experiences which it says should be led by a team of experienced workplace coordinators or ‘guardians’ – a process that sees workplaces shaped by employees, for employees. More →

Work-life balance trumps pay in workplace new year’s resolutions

Work-life balance trumps pay in workplace new year’s resolutions 0

New research from Office Genie claims that when it comes to career-focussed resolutions, financial desires lose out to a more holistic approach to wellbeing: A better work-life balance is the top new year’s resolution for UK employees (17 percent), closely followed by the wish to learn new skills in the workplace (14 percent). Pay rises (13 percent) are important however, coming in third. Having healthier lunches (9 percent), being more organised (7 percent), and getting a promotion (6 percent) also proved popular. It would appear employees are less concerned with getting more done: productivity (5 percent), working harder (3 percent), and making more friends in the workplace (1 percent) are the three least popular resolutions.

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Learning to love staff means letting them disconnect from work, and other stories

Learning to love staff means letting them disconnect from work, and other stories 0

 

Topical workplace issues featured prominently at this week’s British Psychological Society’s Division of Occupational Psychology annual conference held in Liverpool. Four of the key takeaways from the event deal with issues such as the right to disconnect when working from home – a right recently enshrined in law in France, the way different personality types deal with emails, the toxic relationship between employers and employees and even how managers can learn to show their staff more love. The focus at teh event underlines a growing awareness of the complexities of our new relationship with work and workplaces.

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Control over working hours leads to different outcomes for mothers and fathers

Control over working hours leads to different outcomes for mothers and fathers 0

The growth of flexible working practices coupled with the extension of parental leave tights to fathers is are partly intended to reduce the differences between levels of pay and career progression for men and women. Yet a study published in the European Sociological Review suggests that men and women experience different outcomes when given control of their working hours and may even lead to the reinforcement of traditional gender roles. The study  by Yvonne Lott and Heejung Chung of the Hans-Böckler Foundation, Düsseldorf and the School of Social Policy, Sociology and Social Research at the University of Kent respectively found that while the adoption of flexible working meant all people worked longer hours on average, only men enjoyed higher incomes as a direct result.

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Majority of British workers will work at some point over Christmas and New Year

Majority of British workers will work at some point over Christmas and New Year 0

Three in five UK employees will work at some point over the Christmas period, a third of staff will curtail their break to return on Tuesday 27th December and 45 percent say working over Christmas is mandatory. These are the key findings of research from Hudson. The firm suggests that growing pressure pressure on companies to meet year round demand is causing employees to work over the traditional holiday period. The quarterly UK office-based workforce survey claims that the majority of workers (61.5 percent), including three quarters of millennials (76 percent), will cut short their festivities to work at some point between Christmas Eve and the January Bank Holiday. More than one third of staff (34 percent) will have to work at least one day between Christmas and New Year, causing problems for the many employees who’ve travelled home to be with their families over the festive period.

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Government plans to tackle gender pay gap oversimplify the issue, say experts

Government plans to tackle gender pay gap oversimplify the issue, say experts 0

Government plans to tackle gender pay gap over-simplifies the issue say expertsCompanies with 250 or more employees will soon be required to give overall statistics about levels of pay for each gender. But experts say real change will only come about if employers were required to present this data in a more expansive way, accompanied by a reflective report explaining any gender pay gap alongside an action plan of how they intend to close them. Unless this happens, the new regulations requiring companies to report pay gaps between men and women are potentially “superficial” and will not necessarily tackle the complex reasons why females still have lower salaries on average, new research shows. Employers told researchers from the University of Exeter, University of Bath and Cardiff University that the Government’s proposals would over-simplify issues, just advertise pay rates without giving context and may not benefit all female staff. The study has been undertaken as part of a research collaboration facilitated by the GW4 Alliance, which brings together four of the most research-intensive and innovative universities in the UK; the universities of Bath, Bristol, Cardiff and Exeter.

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British workers find it increasingly difficult to unwind after work

British workers find it increasingly difficult to unwind after work 0

A large proportion of British workers are struggling to switch off from work when they finish for the day, according to new research.  The study of 1,011 UK adults in full or part-time employment, conducted by Cascade HR as part of the firm’s The Stress Report, claims that more than three quarters (76 percent) are unable to unwind immediately and instead experience residual stress after leaving the office. The data found it takes on average 1 hour and 39 minutes for UK workers to relax after they have left work for the day, while almost a fifth say they often take work home with them and so don’t ever fully unwind. This residual work stress isn’t just encroaching on employees’ free time after work, but time spent on annual leave, according to the study. When they go on annual leave, it takes UK workers an average of 2.63 days for them to relax, and 10.31 days of annual leave for them to return to work feeling truly refreshed.  This equates to just over half of the UK’s statutory allocation of annual leave per person, per year.

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Green buildings help you to think and sleep better

Green buildings help you to think and sleep better 0

green buildingsA new study from researchers at Harvard claims to establish a link between those standards for green buildings with an indoor environmental quality (IEQ) component and the wellbeing and productivity of employees. The study, The impact of working in a green certified building on cognitive function and health, has been published in the journal Building and Environment. Based on a study of 109 subjects in ten ‘high performing’ buildings compared to staff from the same firm in uncertified buildings, it found that respondents enjoyed a 26.4 percent uplift in cognitive performance, a 6.4 percent increase in sleep quality and 30 percent fewer symptoms. The accreditations used in the study were LEED New Construction 2009, Green Star Office v3, BREEAM New Construction 2012, BCA Green mark for new non-residential buildings v4.1 2013, and DGNB New Office v2012

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Technology industry leads the way in adoption of flexible working

Technology industry leads the way in adoption of flexible working 0

New research from My Family Care and global recruitment firm Hydrogen claims that when compared with all other industries, the technology sector has the most number of employees taking advantage of flexible working practices. Over four in five (81 percent) of employees who work in tech say they work flexibly to some degree – around 15 percent higher than the average of 66 percent and over half of the 265 people surveyed said they worked remotely at least one day last week – 18 percent higher than the average for all employees. The research also claims that people who work in tech put a high value on flexible working when considering a job offer, with 88 percent of professionals considering it to be more important than other benefits like private healthcare insurance, enhanced pension scheme or commission or bonuses.

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Millennials more tuned-in to discrimination at work than other generations

Millennials more tuned-in to discrimination at work than other generations 0

Millennials have widely divergent experiences and attitudes toward diversity and inclusion within the workplace than older generations, claims a new US-based report. In the research from the Institute for Public Relations (IPR) and Weber Shandwick into the importance that people place on diversity and inclusion (D&I) when considering a new job found that 47 percent of Millennials consider it an important criterion in their job search compared to 33 percent of Gen Xers and 37 percent of Boomers. Nearly six in 10 of all employed Americans (58 percent) report that they see or hear about some form of discrimination and/or bias at their workplace, most frequently racial or ethnic in nature (22 percent). Millennials are significantly more likely than older generations to be attuned to such behaviour at work, and also much more comfortable discussing these issues at work than their older colleagues. The survey also asked respondents why they believe employers emphasise diversity and inclusion in the workplace. All three generations cited “To make it a better place to work” among their top three reasons. Millennials also recognize increased opportunities while reputational benefits and outside pressures are noticed by Gen Xers and Boomers.

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