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, HR, Legal news, News

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 • HR, News

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 • HR, News

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 • HR, News

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 →

Hybrid working averse businesses missing out on €113 billion opportunity

Hybrid working averse businesses missing out on €113 billion opportunity

by • Flexible working, News

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh EuropeEuropean businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe.  The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working. More →

Flexible working and its benefits are enjoyed most by highest paid workers

Flexible working and its benefits are enjoyed most by highest paid workers

by • Flexible working, News

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 reportLow paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Just half (51 percent) of workers surveyed for the report earning less than £20,000 a year work flexibly, compared with eight in ten (80 percent) workers earning more than £50,000. The figures are from an analysis of flexible working in Scotland, which is supported by the Scottish Government and The Hunter Foundation. More →

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

by • Environment, HR, News, Property

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

Despite rise of hybrid working, people spend majority of time on pointless work and meetings

Despite rise of hybrid working, people spend majority of time on pointless work and meetings

by • Flexible working, HR, News

Businesses and workers are still grappling with barriers to productivity despite the advent of more widespread flexible and hybrid working, claims a new reportBusinesses and workers are still grappling with barriers to productivity despite the advent of more widespread flexible and hybrid working, claims a new report from Asana. According to the fourth Anatomy of Work Global Index, “work about work” – time spent on work coordination rather than the skilled, strategic jobs they want to do – remains how workers spend the bulk of their day. Conducted by GlobalWebIndex (GWI) on behalf of Asana, the 2023 Anatomy of Work Global Index surveyed the behaviours and attitudes of more than 9,615 knowledge workers across the United States, U.K., Australia, France, Germany, and Japan to understand the impact of cross-functional collaboration. More →

Two thirds of US landlords don’t really understand how their buildings are used

Two thirds of US landlords don’t really understand how their buildings are used

by • Facilities management, News, Property

62 percent of US landlords don’t have the tools they need to understand how their properties are used, in spite of the ongoing pressure on them to understand the experience of occupiersA new report from VTS claims that 62 percent of US landlords don’t have the tools they need to know how their properties are used, in spite of the ongoing pressure on them to understand the experience of occupiers and retain their business. More →

Firms get that people want flexible working, but are still slow to act

Firms get that people want flexible working, but are still slow to act

by • Flexible working, News

Workers are increasingly demanding autonomy and flexible working options, but employers remain slow to respond, with only a small percentage increasing the number of flexible or remote rolesWorkers are increasingly demanding autonomy and flexible working options, but employers remain slow to respond, with only a small percentage increasing the number of flexible or remote roles, according to a new poll.  Based on a survey of 4,500 people including 500 small and medium-sized business owners, Sonovate’s report, ‘The Future World of Work’ [registration] claims that although 70 percent of businesses acknowledge that the most skilled people will only work under conditions that favour them, they had done little to enable employees to work more flexibly and reduce outgoings. More →

Nearly all senior managers say stress is a characteristic of their job

Nearly all senior managers say stress is a characteristic of their job

by • News, Wellbeing

The cost-of-living crisis is the top cause of stress at work for people working in leadership and senior management rolesThe cost-of-living crisis is the top cause of stress at work for people working in leadership and senior management roles, according to the findings of a new survey by HR software provider Ciphr. Around 98 percent of the 265 leaders and senior managers polled found at least one aspect of their work stressful, while two-fifths (83 percent) are affected by three or more work-related stressors (the average, per person, is eight). Yet, despite the obvious stress their work causes them, just 4 percent claim not to like their jobs. More →

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