Search Results for: change

Nearly all UK cities lagging behind European average for productivity 0

The UK’s major cities are lagging behind their European competitors in terms of skills, innovation and productivity, claims a new report from the Centre for Cities think tank. In Competing with the Continent, the authors argue that the onus is on the UK to come up to speed with the 330 cities covered in the report, especially if they want to compete in the new post Brexit European landscape. However, the report notes that the UK has a number of existing, structural advantages over other countries. UK cities generate around a fifth of Europe’s total economic output and contribute more to the national economy than cities in other countries. Major British cities contribute 60 percent of national GDP, compared to just 36 percent in Germany and 32 percent in Italy. The report shows that UK cities lag behind on a range of indicators including skills, innovation and productivity and a number have an industrial mix that has more in common with cities in Eastern Europe than those in the West.

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Businesses failing to look at workplace effectiveness in the right way

Businesses failing to look at workplace effectiveness in the right way 0

workplace-effectivenessThis month, the director-general of the Confederation of British Industry (CBI), Carolyn Fairbairn, suggested that productivity growth across all parts of the UK economy should be the number one priority for business and government. And the CBI isn’t alone in emphasising the importance of honing in on and tackling the ongoing productivity problem. According to the Organisation for Economic Co-operation and Development’s (OECD) economic forecast summary, published earlier this summer, productivity has been exceptionally weak since 2007 and doesn’t show much sign of abating nearly ten years later. Labour productivity per employee has failed to markedly rise since the global downturn and the UK is still miles behind the G7 average – that’s according to the Office for National Statistics (ONS) quarterly figures and CBI data. So, to echo Fairbairn, reviving British productivity is essential to sustain growth and living standards.

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CEOs remain confident post Brexit but may consider relocating offices out of UK

CEOs remain confident post Brexit but may consider relocating offices out of UK 0

Despite largely voting to remain in the EU, the Brexit vote hasn’t dampened the short or long term confidence of UK CEOs. It has however raised a question mark over the UK’s ability to do business and, as a result, many are putting together contingencies including the possible relocating offices or operations, according to KPMG’s first ‘100 UK CEOs’ survey. The survey of CEOs from companies with revenues ranged between £100 million and £1bn found that, both in the short term (the next year) and the medium term (the next three years), the majority are confident about the future growth of the country, the global economy and their own businesses. However, over half believe the UK’s ability to do effective business will be hindered after leaving the EU. The majority of CEOs felt that a division in society between ‘big business’ and the general public contributed to the EU referendum result, including over a third who believed this ‘to a great extent’.

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Tech laggards risk losing employees, claims Future Workforce Study

Tech laggards risk losing employees, claims Future Workforce Study 0

digital infrastructureDell has unveiled the European and South African findings from the Dell and Intel Future Workforce Study, which identifies the global technology trends shaping the modern workplace. The results show that almost half of employees in these regions believe their current employer is not effectively making use of the latest technology advances. The 2016 Future Workforce Study, conducted by research firm PSB, polled nearly 4,000 full-time employees from small, medium and large businesses in 10 countries. Of those polled in the UK, Germany, France and South Africa, many do not believe that they will be working in a smart office within the next five years and perceived their current workplace technology as lagging behind personal devices on innovation. With the research showing that the influx of new technology is having a significant impact on what workers expect from their employer, workplaces which don’t enact these new advances may be left behind.

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Mass media job promotion spells global staff engagement challenge

Mass media job promotion spells global staff engagement challenge 0

Global recruitment and engagement

As the global labour market warms up and active job seeking increases, employees’ plans to stay with their current employers are declining. This is due to a shift in attitudes by employees who’ve long believed that the job opportunities they were seeking did not exist in the labour market; but are being convinced otherwise as companies increasingly turn to mass media to promote appealing employment brands and job opportunities. While this is good news for companies looking to attract new talent, employers looking to retain their best people must also take notice. This is according to data from CEB’s Global Talent Monitor, which claims that employees are also putting in less effort at work in all regions except North America and suggests that to keep top talent in place, companies will need to better promote internal job opportunities and benefits, rather than letting employees think they must go elsewhere to find the jobs they want. The research did find though that UK employees are feeling generally less confident due to Brexit uncertainty.

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Innovative and ambitious disabled employees still face discrimination

Innovative and ambitious disabled employees still face discrimination 0

disabled-workers-contributionDisabled employees outperform all other groups in terms of innovation and professional ambition, according to new data from the Chartered Institute of Personnel Development (CIPD) in its paper, Attitudes to Employability and Talent. The report, which explores attitudes towards employability and responsibilities for career development in the UK, includes the attributes associated with employment and career success. Individuals with disabilities ranked more highly than any other group in the categories of ‘Brings new and innovative ideas’ and ‘A great desire to develop’. The group also scored particularly highly in the categories of ‘Fits with organisational values’, ‘Good work ethic’, ‘Reliable’, and ‘Positive attitude to work’. However, when quizzed on current approaches to recruiting from diverse workforce groups, only 11 percent of respondents said they actively target individuals with disabilities during recruitment. This is despite the fact that over half (51 percent) currently employ professionals with physical and mental health conditions.  More →

Millennials no different from their elders in attitudes to the workplace

Millennials no different from their elders in attitudes to the workplace 0

Young workersThe portrait often drawn of Millennials is that of a generation which is keen to stand out from that of its elders, and which is difficult to pin down. They’re said to have difficulty accepting a hierarchical structure and no longer view their salary as the only motivating factor but instead are looking for a sense of accomplishment in their work. Yet as we reported recently, the behaviour and expectations of this younger generation has in fact stayed fairly constant. For them, the ideal company has attributes which are actually fairly similar to those cited by their more experienced colleagues. The result of the latest Edenred-Ipsos barometer into the under 30s suggests that for employers, the issue is not so much about dealing with this generation independently of the others, but rather globally rethinking leadership challenges in an environment which is increasingly digitalized, horizontal and multi-task oriented, taking into account individual countries’ cultural differences.

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If you want to improve the workplace, let employees procrastinate

If you want to improve the workplace, let employees procrastinate 0

Facebook_like_thumbAn analysis of workplace habits carried out by office supplies firm Viking claims that the biggest causes of worker procrastination are internal problems within an organisation, and that restricting social media usage could make employees less productive. The survey of over 1,500 office workers claims that almost half of workers (48 percent) procrastinate while waiting for other people’s work to be completed and 40 percent procrastinated in order to take a break from work and reduce their stress levels. The study also claims that people who work in an office experience more stress then those who work from home, which the study concludes is because working from home allows employees to take breaks more frequently. Although the Flexible Working Regulations introduced in the UK in 2014 suggests we’re working towards a more lenient workplace, survey findings suggest that in-office cultures are still struggling to find their footing when balancing work and relaxation.

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Employers will promote internal talent to meet Brexit challenge

Employers will promote internal talent to meet Brexit challenge 0

Brexit talent drain

Bosses are divided on whether staff morale will suffer following Brexit, with 48 percent of respondents to a recent survey believing it will and 51 percent expecting no change, despite 74 percent of organisations believing employees are at least ‘somewhat concerned’ by the impact of the vote. Though the majority of companies (82 percent) believe it is their duty to keep employees informed of the potential impact of Brexit on their organisations, few (11 percent) have started communicating openly. The report by Mercer, Planning for Brexit – Talent Implications, also suggests the while the true impact of potential changes to immigration policy remains unknown so far, talent availability is being seen as a top long-term challenge. Over half (58 percent) of companies think their workforce plans will change in the longer term and the majority (66 percent) anticipate a stronger focus on developing and promoting talent from within to compensate for a possible lack of access to wider talent pools.

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New project invites organisations to explore issue of workplace wellbeing

New project invites organisations to explore issue of workplace wellbeing 0

wellbeingAre our offices making us sick? This is the question addressed by a new research project looking at the link between health in the workplace and access to the natural environment. The study is backed by the Soil Association, is endorsed by Kate Humble and Hugh Fearnley Whittingstall and draws on studies from the past thirty years which have also addressed the issue. The Good Life Project aims to provide evidence-based and cost-effective solutions to the benefits of nature in making businesses happier, healthier and more profitable. The project is led by behaviour expert and author Jez Rose along with a team of psychologists and neuroscientists and is endorsed by the Soil Association. The Project is designed to overcome the problem of workplace absenteeism by trying out a range of workplace initiatives based around the natural environment to see what sort of difference they make to an employee’s feeling of wellbeing.

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CoreNet report sets out how technology will reshape corporate real estate

CoreNet report sets out how technology will reshape corporate real estate 0

Workplace technologyThe speed of today’s technological advances is dramatically reshaping the way that corporations manage and use their real estate. It’s a dynamic that has significant consequences for the workplace, urban development and the overall lifestyle of the average worker. Those are the unsurprising conclusions of a new report from trade association CoreNet Global, which was discussed this week at the organisation’s 2016 Summit – EMEA, held in Amsterdam. As ever, the devil is in the detail so the report is worth exploring to get a sense of just how imminent many of the changes will be, especially because they will converge to create a perfect storm of change for the workplace. This marks the new era out from the past when technology developed in more predictable ways. Several CoreNet Global Gold Strategic Partners contributed to the report including CBRE, Deloitte, ISS, JLL, Newmark Grubb Knight Frank, Sodexo and Steelcase.

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Call for work life balance to help preserve relationships and health

Call for work life balance to help preserve relationships and health 0

Flexible workingMore than a third of UK workers (35 percent) say that their work schedule is detrimental to their relationship with their partner, nearly one in five (18 per cent) say their job has caused arguments, and eight per cent admit that work was a major factor in the breakdown of their relationship. This is according to research, commissioned by Coople that suggests the extent to which work is ruining relationships, causing arguments with partners and even taking a toll on sex lives. Nearly one in 10 (nine per cent) say the pressures faced at work has had a negative impact on their sex life and one in five (20 per cent) report their work has led to a decline in their health and wellbeing, citing stress and depression. Unsurprisingly, the survey also found that 54 per cent of people value a good work life balance in a job the most, above wages, career progression, doing something meaningful in their work or any employee benefits.

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