Search Results for: productivity

Four day week at Microsoft Japan boosts productivity by 40 percent

Four day week at Microsoft Japan boosts productivity by 40 percent

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Microsoft Surface Hub and the four day weekMicrosoft Japan has announced the results of its four day work week trial, and claims the move increased productivity by almost 40 percent. The trial of the four day week, named the “Work-Life Choice Challenge Summer 2019” saw around 2,300 employees given five successive Fridays off, with no reduction in salary and no days taken from annual leave. The project also included an offer of subsidised holidays and further education opportunities. Microsoft claims that the increase in productivity was largely attributable to shorter and more efficient meetings. More →

Climate change demands we shift our focus from productivity

Climate change demands we shift our focus from productivity

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climate change and productivity <img src="https://counter.theconversation.com/content/123541/count.gif?distributor=republish-lightbox-advanced" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important" />Climate action is often about sacrifice: eat less meatdon’t fly, and buy less stuff. These things are essential. But climate action can also be about gain. Many causes of climate change make our lives worse. So transforming our societies to stop climate change offers us the chance to make our lives better. More →

Automation will boost productivity, but risks leaving people behind

Automation will boost productivity, but risks leaving people behind

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Automation of an eyeUnless the Government steps up efforts to manage the transition to automation, many people and entire regions of the UK face being left behind and British businesses could find themselves becoming less competitive, says the Business, Energy and Industrial Strategy (BEIS) Committee in a report published today.
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Productivity decline linked to poor employee financial wellness

Productivity decline linked to poor employee financial wellness

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The future of pay and productivityAlmost 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 →

Regional productivity gaps at near record high

Regional productivity gaps at near record high

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Cardiff. Wales is the region of the UK with the lowest productivityDifferences in typical household incomes across the UK’s regions and nations have halved since their 1990 peak, but differences in productivity remain close to record highs, according to new research published by the Resolution Foundation. The report, Mapping Gaps, examines the relative economic performance of UK regions and nations since the 1960s, and the extent to which this has driven differences in household living standards. The report notes that regional inequality is a hot topic ­– particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK – and that the UK is one of the most unequal countries in the OECD when it comes to the relative economic performance of its regions and nations.

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Large firms not investing enough in productivity

Large firms not investing enough in productivity

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Offices of Concentra who have just published a report into productivityA new report claims that 86 percent of Britain’s largest businesses are worried about raising their productivity with two-fifths (39 percent) calling their productivity ‘very concerning’, but that they are investing just 0.25 percent of turnover in measures to improve it, less than they invest in telecoms. The report by the Centre for Economics and Business Research (CEBR) and Concentra Analytics also suggests there is a “spray and pray approach” to driving productivity caused by a lack of insight into the performance of people. More →

UK productivity continues to fall

UK productivity continues to fall

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Labour productivity, as measured by output per hour, was down 0.2 percent in Q1 2019, when compared to the same quarter in 2018, according to Office of National Statistic (ONS) figures. These findings make Q1 the third consecutive quarter of contraction for UK productivity.According to the ONS, this sustained period of declining labour productivity represents a continuation of the UK’s ‘productivity puzzle’, with productivity since the economic downturn in 2008 growing more slowly than during the long period prior.

Despite occasional periods of growth, this sustained general pattern contrasts with patterns following previous UK economic downturns, when productivity initially fell, but subsequently recovered and returned to the previous trend rate of growth. However, movements in productivity were found to vary between industries, with the services industry recording labour productivity growth of 0.2 percent, while manufacturing productivity growth reduced by 0.9 percent, compared with the same quarter in the previous year.

 

Poor office design continues to hamper productivity

Poor office design continues to hamper productivity

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Research published by Dell claims to highlight the issues related to office design holding back workers’ productivity and the impact this has on UK businesses. While classic gripes like office temperature and loud colleagues take the top spots, poorly designed or implemented technology is having a negative impact on employees – with out of date technology (29 percent), poor Wi-Fi (22 percent) and poorly integrated technology (19 percent) featuring in the top ten factors UK workers feel impact their office lives. More →

Getting a sense of productivity and motivation

Getting a sense of productivity and motivation

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The five sensesWhen business operators are planning their company’s office, price is often chief among their priorities. Keeping the fixed cost of real estate low helps companies project—and increase—their expected income. Price is not just a consideration when it comes to rent; assets such as office furniture are often purchased en masse and for purely utilitarian reasons. Sure, a business is saving money by designing a no-frills, utilitarian office, which some Feng Shui experts would agree with, but what they are ignoring is how space affects productivity, motivation and enjoyment. More →

Flexible working may not enhance productivity

Flexible working may not enhance productivity

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flexible working at the office of GoogleThe majority of office employees (84 percent) believe good relationships with colleagues boost their quality of work, yet nearly three quarters (70 percent) admit to not knowing the people they work with very well, claims a new survey from Nespresso Professional. The study suggests that changing office environments and flexible working practices are not improving employees’ relationships with co-workers, or their creativity and output. More →

Culture fit essential for personal productivity

Culture fit essential for personal productivity

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cultural fit as depicted by a missing jigsaw pieceEmployees who feel they are a good fit for their role and the culture of their company are 36 percent more productive, claims a new report from ThriveMap (registration). The paper claims to reveal what a difference feeling like a natural fit for a job and organisational culture makes to employees. The survey of 1,000 people used in the report claims that employees who felt they fit their role and the culture of their employer rated their productivity at 7.2 out of 10. This compares to just 5.3 out of 10 for those employees who felt they were a poor fit for both these factors.

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Firms do not know how to measure productivity

Firms do not know how to measure productivity

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A new report claims to reveal fresh insights into how firms assess workplace productivity. The report, published by Jabra,  argues that many businesses cannot decide how to tackle the problem of measuring productivity – or who is ultimately responsible for doing so. The report is based on interviews with 688 CEOs and board level executives in the US, UK, France, Germany, Sweden and Denmark.

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