Search Results for: consequences

How climate change may be affecting us in more ways than we suppose

How climate change may be affecting us in more ways than we suppose 0

commercial propertyJust how affected we all are by what is going on in our surroundings is confirmed by a new academic studies which links the environment to to our moods, physical wellbeing and performance. Although we are increasingly aware of the impact the working environment has on our productivity and wellbeing, the new study from researchers at Pacific Northwest National Laboratory’s Joint Global Change Research Institute suggests we are more influenced by the global environment and climate than we might suppose. The meta-analysis of over 200 papers published in Science magazine concludes that while climate change concerns are largely focussed on its long term and worldwide effects, we should also pay attention to the effects over the short term and at local level because of the impact on individuals, businesses, society and the national economy. As well as slowing the global economy by 0.25 percent each year, it also has a profound additional effect at local levels.

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More organisations worldwide offering parental leave rights to employees

More organisations worldwide offering parental leave rights to employees 0

parental leaveDespite the complexities of parental leave legislation, a  growing number of organisations worldwide are making the benefit available to their workforce, according to the new Global Parental Leave report from human resources consultancy Mercer. According to the study – which is behind a paywall – more than one third of organisations have one centralised global policy. Around 38 percent provide paid paternity leave above the statutory minimum and several countries mandate a parental leave programme that may be used by either parent or carers. A growing number of organisations have extended the right to part time employees and see it as a valuable tool for attracting and retaining talent regardless of the gender or contract of employees. While almost two-thirds (64 percent) of companies provide maternity leave for only the birth mother, 24 percent of companies provide this leave to a primary caregiver.

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UK commercial property prices fall during first full month after Brexit

UK commercial property prices fall during first full month after Brexit 0

office spaceThe first full month of market activity in the UK’s commercial property sector since the Brexit vote, saw its value fall by just under three percent, according to the latest data from real estate researchers MSCI in their monthly IPD real estate index. The value of the nationwide market fell by 2.8 percent over the month. Central London was particularly badly hit with values falling by 4.1 percent. The monthly report is sponsored by a number of the major players in the commercial property sector and is based on an analysis of every building in the MSCI database including currently occupied buildings and those in development and being refurbished. A report published earlier this month by Investment Property Forum found that while the overall value of the UK’s commercial property had hit record levels, the uncertainty surrounding the consequences of Brexit was of major concern for investors and occupiers.

Universal basic income is an idea whose time has come at last

Universal basic income is an idea whose time has come at last 0

Universal basic incomeIt is no longer a question of whether one of the world’s major economies will introduce a universal basic income for all of its citizens, but when. Over the weekend, the leader of the UK’s Labour Party Jeremy Corbyn announced in an interview in the Huffington Post that he was ‘instinctively looking’ at an idea that is already being discussed and piloted in Switzerland, the Netherlands, Norway and Canada. Corbyn may be one of the current glut of what would have once been political outliers in the Western World, but the idea of a universal basic income is one that is increasingly accepted in mainstream economic thinking. The RSA continues to campaign for it and has even put a number on it, suggesting that every UK citizen should be offered £308 between the ages of 25 and 65. Andrew Flowers offers up a masterful and detailed analysis of the economic and political issues involved in this piece on fivethirtyeight.com.

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Connectivity creep is driving more people to switch off their devices

Connectivity creep is driving more people to switch off their devices 0

connectivity offFifteen million UK internet users have undertaken a ‘digital detox’ in a bid to strike a healthier balance between technology and life beyond the screen, according to a new Ofcom study. The study of around 2,500 people suggests that our reliance on the internet is affecting people’s personal and working lives, leading many to seek time away from the web to spend time with friends and family. Ofcom’s Communications Market Report 2016 finds that one in three adult internet users (34 percent), equivalent to 15 million people in the UK, has sought a period of time offline, with one in ten (11 percent) doing so in the last week alone. Of these digital down-timers, 25 percent spent up to a day internet-free; 20 percent took up to a week off; and 5 percent went web-free for up to a whole month. The most common reasons for taking a time out were to spend more time doing other things (cited by 44 percent) and more time talking to friends and family (38 percent).

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One in five UK workers believe their job is less secure due to Brexit vote

One in five UK workers believe their job is less secure due to Brexit vote 0

Around one in five employees in the UK are feeling pessimistic about the security of their current job because of the Brexit vote to leave the EU, a new survey by the CIPD claims. Answering a range of questions, including how they felt about the future as a result of the UK’s vote to leave the EU, around 44 percent of the 1,000 working adults who took part felt pessimistic about the future, with this being particularly high amongst public sector workers (61 percent), voluntary sector workers (58 percent) and people aged 25-34 (63 percent). 22 percent said they felt their job was less secure now. The CIPD’s survey also highlighted incidents of harassment and bullying in the workplace relating to the Brexit decision, with more than one in ten employees saying that they have experienced, witnessed or heard of incidents of harassment or bullying of a political nature and just under one in ten (7 percent) referenced incidents of a racist nature (7 percent).

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Offices not yet smart enough to support new ways of working

Offices not yet smart enough to support new ways of working 0

right-information-right-technologiesEmployees believe their workplace is not making best use of latest technology, but expect this to improve as remote work begins to provide both quality of life and productivity benefits. In the latest Future Workforce Survey conducted by Dell and Intel, nearly half of global employees believe their current workplace is not smart enough, while 42 percent of millennial employees say they are willing to quit their job if technologies are not up to their standard. The research suggest that the addition of collaborative tools and innovations such as internet of things (IoT) and Virtual Reality (VR) will soon become vital to the workplace. According to the poll of nearly 4,000 full-time employees in ten countries, over half (57 percent) believe they will be working in a smart office within the next five years, while 51 percent believe that better technologies will make face-to-face meetings redundant within the next five years.

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Ability to meet failure with resilience is a vital management skill

Ability to meet failure with resilience is a vital management skill 0

Management resilience

The political fallout since the Brexit vote has left many feeling that the UK’s politicians could do with brushing up their leadership skills and prompted debate on whether some of those whose ambitions have been derailed might bounce back. A timely report from the Chartered Management Institute offers advice on the management skills they might need to employ in times of uncertainty. The report claims that within the world of business, unsupportive cultures leave managers to struggle with the fall-out from crises. Most managers (94 percent) have faced crises during their career, but only half (55 percent) have handled them professionally, according to Bouncing Back: Leadership lessons in resilience. The absence of professional management ranks as a major factor in the cause of crises in the survey of 1,100 managers; 78 percent blamed a lack of support from senior management and 68 percent cited culture failure as responsible.

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Lack of leadership development undermines organisational agility

Lack of leadership development undermines organisational agility 0

agilityEmployers are failing to address weaknesses in leadership development, and this is compromising their organisational agility, according to a report published by Orion Partners. The report, Agile HR: Mindset Not Methodology found that those questioned understood the importance of agility, with 67 percent of HR professionals describing it as “business critical.” Yet despite 59 percent agreeing that the people management practice that has the greatest impact on organisational agility is leadership development, none of the senior HR professionals polled rated their organisations as highly effective at building versatile leaders and 75 percent believed they were no more than moderately effective in this area. Attempts to make their companies more agile with the introduction of flexible working are not being focused correctly either, which the authors suggest is reaping the consequences of failing to sell the wider business benefits of effective HR management.

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Property and workplace experts have their say on the Brexit outcome

Property and workplace experts have their say on the Brexit outcome 0

brexitWell, the results are in and the UK’s electorate has voted by a narrow margin for the country to leave the EU. There are likely to be other developments but whatever you make of the UK’s decision to vote to leave the EU – and I think it’s fair to say most independent people think it’s inexplicable – there’s no doubt that it will have a profound impact on the UK’s economy, relationship with the world, culture, working conditions and markets. What it will mean in practice won’t be apparent for months or years, of course, but that hasn’t stopped experts who work in the property, workplace, design, legal, HR and architecture sectors having their say on its potential implications. We’ll look at these specific issues in more detail going forward but for now, here’s a round-up of those we have so far, which we’ll keep updated throughout the day as the dust settles on what will prove to be a momentous decision for the UK, Europe and rest of the world.

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Home or away. What should employers be doing about the game?

Home or away. What should employers be doing about the game? 0

Watching-sport-at-workThe Euros 2016 are underway. It’s an exciting time for the nation, but not so much for businesses that are potentially facing a largely absent workforce, be it physically or simply because they will spend at least 90 minutes of their afternoon glued to their mobile phones watching the match. Some employees might have been organised enough to book annual leave for the afternoon, but for many, they will be devising a cunning plan as to how they can get away to watch the match. Employers can expect to be faced with a hike in “sickies” and last minute requests to work from home as suddenly there’s a delivery due or a poorly child to look after. Some employees will just decide to chance it and not come back to the office after their lunch breaks, with no pre-authorisation at all. So what should you be doing as an employer?

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Most likely scenario of a Brexit vote is minimal impact on employees

Most likely scenario of a Brexit vote is minimal impact on employees 0

A more nuanced and balanced view from both leave and remain campaigns on how the EU Referendum will affect employees is needed, a leading HR authority has warned. Commenting on how the outcome of the EU Referendum will affect employees, Professor of Human Resources Chris Rowley, at Cass Business School, said: “The deluge of increasingly extreme polar dichotomy arguments and claims regarding possible post-Brexit life also applies to the critical area of work and employment where the Remain and Leave camps have some of their greatest internal tensions and contradictions. Both sides betray a lack of historical and contemporary grounding and analysis of both employee relations and politics. One problem is that there is much counterfactual argument of causation – what would have happened anyway.” In the short term and possibly even in the longer term he says that a Brexit vote would be unlikely to impact employment law, as so much is already enshrined at work.

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