Search Results for: retention

Employers’ attraction and retention rates rise with flexible working offer

Employers’ attraction and retention rates rise with flexible working offer 0

by • Flexible working, Legal news, News, Workplace

Flexible workingAlthough a quarter of UK workers now regularly work out of the office, there is a still a significant number (39 percent) who don’t know they have the right to request flexible working. Yet according to new research from UC EXPO, conducted amongst 1,000 UK office workers, job roles offering flexible working are more likely to attract a better candidate, with 82 percent of workers saying they would be more likely to take a job that offered flexible working benefits. An additional 71 percent said that the offer of flexible working would help businesses to attract a greater international talent pool. The research finds that the benefits of flexible working are more widely recognised than a year ago, with a fifth (22 percent) of those surveyed having worked at home or remotely more throughout 2015 than in 2014. Productivity concerns around employees working from home is decreasing, with over two-thirds (67 percent) believing that productivity levels either increase or stay the same when they work remotely.

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Collaborative work goes hand in hand with better talent retention

Collaborative work goes hand in hand with better talent retention 0

by • Flexible working, News, Technology

Companies are rethinking the tools they use to keep employees engaged and loyal – especially at a time when flexibility and choice are increasingly important to an workforce that craves mobility and choice. A newly released survey from Jive Software claims that as the workforce continues to evolve and new future of work trends emerge, seven out of ten (72 percent) employees want to use more technology in the workplace that enables them to work from anywhere. Furthermore, the same percentage state that the freedom to try tools make them more effective in their job, with 43 percent finding it a powerful loyalty driver. According to the study of 1,000 US based employees, firms are also catching on to future of work trends and the impact that technology can have for employee retention. Eighty-four percent of employers want to implement technology that enable workplace flexibility.

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Unconscious bias can adversely affect recruitment and retention says CIPD

Unconscious bias can adversely affect recruitment and retention says CIPD 0

by • News, Workplace

Employers' unconscious biasNew research from the CIPD has revealed that both male and female managers tend to favour men over women in hiring decisions; while there is an unconscious tendency to hire people like ourselves. The report A Head for Hiring: The Behavioural Science of Recruitment shows that initial perceptions of whether a person will be a good fit can be determined by factors which have no real impact on performance, including visual, cultural, demographic and situational factors. Worryingly, identical CVs seem to get more call-backs when the applicant is typically deemed to have a ‘white’ name as opposed to one that can obviously be associated with an ethnic minority. The report makes a number of recommendations to ensure that employers have consistent hiring practices.  Meanwhile, Acas has also published two new free practical guides for employers and managers on how to recruit and settle in staff.

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Better talent attraction and retention strategies needed as recruitment soars

by • News, Workplace

Talent attraction and retention strategies needed as recruitment needs soarEmployers are increasing their permanent headcount at their fastest rate since before the recession. Consistently positive GDP results, coupled with reports that business optimism is at its highest level since 1998, has driven impressive growth across the entire professional jobs market, according to the latest data from the Association of Professional Staffing Companies (APSCo). It reports that the placement of professional talent increased by 29 per cent compared to the same time last year, with particularly strong growth in sectors such as accounting and finance. This mirrors plans by the Big Four accounting firms to substantially increase their graduate level recruitment this year; with KPMG and PwC, for example, both planning to hire 30 per cent more candidates than last year. Although it’s good news for the jobs market – analysts warn that managers must plan ahead to ensure they retain and attract the right talent. More →

Not just about the money. Higher wages do not improve employee retention

by • News, Workplace

Money not the motivator, as higher wages does not improve employee retention

Employers that take a broader view of the employee experience beyond pay are more likely to retain talented employees. new research suggests. In a study of European economies by Towers Watson, countries with higher GDP growth tend also to have higher levels of employee attrition, The General Industry Compensation Survey Report findings also show little evidence to suggest that countries with high real-wage growth (i.e. salary increases minus inflation) are able to use that to secure higher levels of employee retention. The research proves that with the emergence of a strengthening employment market means employers will have to work harder to ensure that non-pay related benefits such as an attractive working environment and plenty of opportunities for career advancement are available to attract and retain talent. More →

Put on your own mask first: Leadership strategies for stress management and emotional resilience

Put on your own mask first: Leadership strategies for stress management and emotional resilience

by • Comment, Wellbeing

It can be easy when we’re in high stress situations to think only about how the stress is affecting us.Put your own oxygen mask on before assisting other passengers. If you’ve been on a plane before, you’ve heard this saying. What would it look like if you put your own proverbial mask on before placing others? Looking after yourself first? As a leader, making sure that your own stress is properly managed translates to helping yourself so that you’re available to help others. When we don’t have a handle on our stress, it can reveal our negative personal tendencies, be it arrogance, melodrama or volatility. While those derailers have an immense effect on our ability to produce work, they also negatively affect those around us. More →

Nearly all CEOs now say they work across different locations

Nearly all CEOs now say they work across different locations

by • Flexible working, News, Property

CEOs are leading by example when it comes to hybrid working, with nine in 10 (93 percent) saying they have personally adopted flexible working patternsCEOs are leading by example when it comes to hybrid working, with nine in 10 (93 percent) saying they have personally adopted flexible working patterns according to a new poll. The survey of more than 500 CEOs by International Workplace Group suggests that the vast majority now split their working time between locations. Just 7 percent said they spend five days a week working from a central office. More →

Four day work week campaigners launch new project in wake of successful pilot

Four day work week campaigners launch new project in wake of successful pilot

by • Flexible working, News, Workplace

Campaigners advocating for a four day work week are gearing up for a fresh pilot project aimed at promoting flexible working practices.Campaigners advocating for a four day work week are gearing up for a fresh pilot project aimed at promoting flexible working practices. The initiative is set to launch in November, with participating companies currently being invited to sign up. The findings from this project will be presented to the government in the summer of 2025. The push for a four-day working week, notably with no reduction in pay, has gained significant traction in recent years, particularly following the Covid-19 pandemic which reshaped workplace expectations. In 2022, a previous UK pilot saw 61 companies participate, and 54 of them continued the practice a year and a half later. Similar initiatives have also been conducted in Germany, Portugal, Spain, and Iceland. More →

We need to stop paying lip service to the issue of workplace wellbeing

We need to stop paying lip service to the issue of workplace wellbeing

by • News, Wellbeing

Many people feel their employers are guilty of ‘wellness washing’, the practice of paying lip service to wellbeingIn the wake of Mental Health Awareness Week last month, now is a brilliant opportunity to take stock of impactful employee wellbeing initiatives. Many people feel their employers are guilty of ‘wellness washing’, the practice of paying lip service to wellbeing. However, the benefits of impactful wellbeing initiatives are clear – 89 percent of employees who have wellness programmes at work report being more engaged and happy within their roles. Taking a subjective approach by catering to employees’ needs can be transformational for employee satisfaction and, in turn, boost retention. More →

‘The Big Stay’ – it’s time to invest in employees, not to cut costs 

‘The Big Stay’ – it’s time to invest in employees, not to cut costs 

by • Comment, Workplace

The Great Resignation is over. That’s according to the latest Labour Market Outlook report from the CIPD, as reported by Workplace Insight. But we could have told you this was simply a post-Covid correction in any case. Data from the report shows 55 percent  of employers are looking to maintain their current headcount, while analysis of turnover from the ONS Labour Force Survey points to lower staff attrition in 2024. Declining staff turnover is being dubbed The Big Stay. More →

Third of businesses investing in GenAI, but employees increasingly concerned about redundancy

Third of businesses investing in GenAI, but employees increasingly concerned about redundancy

by • AI, News, Technology, Workplace

UK firms are bullish about the use of GenAI but their employees are not so certain, according to a new pollOver a third of UK employers are bullish about AI investment despite serious workforce uncertainty. New research shows that 35.3 percent of employers are actively investing in GenAI while 40.4 percent plan to increase their use of the technology, to support the workplace, according to a new poll from SD Worx. The findings suggest there is a surprisingly buoyant business outlook for AI adoption at a time when the UK government begins to craft new legislation to regulate AI. The move on regulation comes as the competition watchdog expresses increased concerns about the industry. However, despite businesses betting big on AI investment, similar enthusiasm isn’t shared by employees, with 30 percent of UK workers fearing their roles will be made redundant as a result of GenAi. More →

US employee engagement plummets to lowest level in over a decade

US employee engagement plummets to lowest level in over a decade

by • News, Workplace

A report by Gallup claims that employee engagement in the U.S. has sunk to its lowest point in more than a decadeAmerican workplaces are facing a crisis of disengagement. A report by Gallup claims that employee engagement in the U.S. has sunk to its lowest point in more than a decade, marking a concerning trend with significant implications for businesses across the country. The study, which began tracking employee sentiment in 2023, identified a growing disconnect between workers and their employers. Employees reported feeling a lack of clarity in their roles, lower overall satisfaction with their organizations, and a weaker connection to their companies’ missions. They were also less likely to feel valued and supported by their colleagues and superiors. More →

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