August 15, 2019

Firms with a balance of men and women outperform male dominated rivals

The share performance and other metrics of listed companies with a balance of men and women tend to be better than those of male-dominated rivals, according to a new report from Morgan Stanley. The report is based on Morgan Stanley’s HERS ranking, a new measurement the investment bank has developed to evaluate gender diversity at companies and its impact on performance. It determines the gender diversity of a company by factoring in the percentage of women on boards, in the executive and management team, and in the workforce generally. More →

August 15, 2019

Skills for the future of work laid out by new task force

by Neil Franklin • News, Workplace

Because qualifications are only part of the story for employers, who are placing more emphasis on essential skill sets, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors (the CIPD, The Careers & Enterprise Company, Business in the Community, the Gatsby Foundation, EY Foundation and the Skills Builder Partnership) have come together for the first time to agree a universal framework for essential skills. It will build on the Skills Builder Framework, already used by over 700 organisations, and set out the skills needed to thrive at work, as well as how these can be assessed and developed. It can be used by students, workers and employers. More →

August 14, 2019

Humans are main weakness in fight against data theft

by Neil Franklin • News, Technology, Workplace

Only four in 10 (42 percent) businesses focus on compliance training as part of their cybersecurity protocol to ensure sensitive data is kept secure, claims a new report from ESET and The Myers-Briggs Company. The paper reports that most worryingly, 63 percent rely predominantly on passwords. According to the Cyberchology paper that investigates the link between personality types and vulnerabilities to cybercrime, cybersecurity should be on every boardroom’s agenda. More →

August 13, 2019

Insecure leaders prefer to take advice from machines than people

by Neil Franklin • AI, News, Workplace

Leaders who are in danger of losing their position are more likely to take advice from a data algorithm than another human, research from BI Norwegian Business School claims. Psychologist Ingvild Müller Seljeseth conducted studies where participants were assigned to either stable or unstable leadership positions, which they would lose if they made a wrong decision. When asked to estimate the number of peas in a jar, leaders in a stable position were far more inclined to accept advice from previous participants than leaders in an unstable position. More →

August 9, 2019

Productivity decline linked to poor employee financial wellness

by Neil Franklin • News, Technology, Workplace

Almost all (98 percent) employers believe that their employees’ financial wellness has a direct impact on productivity and their business performance – especially concerning employee productivity (67 percent) and engagement (62 percent). This is according to the Future of Pay research study (registration) by technology firm ADP, which surveyed 4,000 employees and 2,900 businesses to explore workers’ perceptions and attitudes towards traditional and emerging pay methods to address some of the biggest human capital management concerns. More →

August 9, 2019

Helsinki tops global rankings for work-life balance

by Mark Eltringham • Cities, News, Wellbeing

Helsinki is the world’s best city for work-life balance according to a new study from technology business Kisi which compares data on a range of factors such as “livability”, work intensity, institutional support, equality and legislation to rank cities. Helsinki, Munich, and Oslo are the three best ranked cities while the cities deemed as having the worst work-life balance were Tokyo, Singapore, and Washington DC. Using data relating to work intensity, social wellbeing, and livability to analyse the interplay between work and life, the index claims to assess how successful residents are at achieving a healthy work-life balance in 40 cities around the world. More →

August 8, 2019

Bosses at financial services firms falling behind on tech know-how

by Neil Franklin • News, Technology

With widespread disruption from new and emerging technologies facing companies, the financial services sector is still lacking in both diversity and CEOs with a background in technology, according to recent analysis from recruitment firm,Robert Half UK. According to the results of the annual Robert Half FTSE 100 CEO Tracker, not one of the CEOs leading the FTSE 100’s financial services companies has a background in technology. By contrast, the proportion of CEOs with a background in technology across all sectors has increased by 27 percent over the past year, as the impact of digitisation is felt across multiple industries and sectors. More →

August 8, 2019

London occupiers mixing conventional and flexible offices

by Neil Franklin • Coworking, News, Property

Although London retains its status as the European capital of flexible offices and coworking, a new report from Colliers International claims that the capital is also enjoying above average demand for conventional office space, coupled with reduced footprints overall, as corporate occupiers seek to expand their businesses but without taking on property at the same rate. More →

August 7, 2019

Some uncomfortable truths about sitting down at work ⁰

by Mark Eltringham • Comment, Wellbeing, Workplace design

The problem with the modish idea of fake news is that we’re not very good at spotting it. As with our driving, each of us possesses an unwarranted faith in our own abilities coupled with dismay at those of other people, unaware of just how much our own biases and fixed opinions distort the way we perceive information. It’s one of those things we need to be on the lookout for, especially if we are pronouncing on complex issues.

August 7, 2019

London is top flexible offices market in Europe

by Neil Franklin • Coworking, News, Property

Research conducted by CBRE claims that London’s stock of flexible offices amounted to over 1.1 million square metres, representing over 5 percent of the city’s total office stock. This places London firmly top of the table of flexible office markets, when compared to major cities across Europe. More →

August 6, 2019

School holidays signal stress for home-workers

by Jayne Smith • Flexible working, News, Workplace

For many working parents the summer school holidays can be a cause of stress instead of a time for rest and relaxation.With children no longer occupied at school, many parents choose to work from home to juggle both work and childcare, but productivity can suffer with family, pets and noisy household appliances found to be the main distractions for home workers. The 2019 Global Workspace Survey, conducted by IWG on 2000 UK respondents, claims that interruptions from children or other family members is the number one obstacle being faced by professionals who take advantage of home working. More →

August 2, 2019

Work is no more insecure than it was twenty years ago, claims report

by Neil Franklin • News, Wellbeing, Working culture, Working lives

Employment insecurity affects many people but, overall, work in the UK is as secure as it was 20 years ago, with limited evidence of growing casualisation, new research from the CIPD claims. The report Megatrends: Is work really becoming more insecure? finds that at 20 percent, the share of non-permanent employment in the UK – which includes the self-employed and temporary workers (including temporary zero hours contract workers) – has not increased since 1998.