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Employer bias is undermining business innovation and potential says OU

Employer bias is undermining business innovation and potential says OU

Employer bias is undermining business innovation and potential says OU

Over a quarter of senior managers hire people just like them, and this bias is still rife in some organisations, according to new market research commissioned by The Open University. The study amongst business leaders and employees finds that three in 10 (29 percent) senior managers admit they hire people just like them, and warns employers may be overlooking candidates from different social and educational backgrounds, impacting access to talent, and hindering business innovation and performance as a result. Employers place significant importance on educational attainment (86 percent), cultural fit (77 percent), tastes and leisure pursuits (65 percent), and even social background (61 percent). Considering the typical social make up of managers, this raises concerns about diversity, a key driver of innovation, and hints at a glass ceiling for those from less privileged backgrounds, with the re-enforcement of the historical class system. The issue is prevalent in both recruitment and employment, with bias creating a ‘degree premium’, particularly at entry level.

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Third of applicants turn down jobs due to lack of flexible work options

Third of applicants turn down jobs due to lack of flexible work options

With employment at record levels and the labour market the fiercest it’s been for years, candidates have more choice about where they work than ever before. This is putting substantial pressures on companies to impress talented individuals through the entire recruitment and onboarding process if they want to keep them for the long term. But new research suggests that nearly half (45 percent) of job candidates have turned down a position because they weren’t impressed by the company during the interview process. According to the research by NGA Human Resources other common reasons for declining a position include having a better offer from another company (56 percent), lower than expected salary offer (49 percent) and finding out the role was not as originally described (44 percent). Modern job seekers are now looking for more than just a decent salary. In fact, 33 percent of candidates have declined a position because they didn’t have flexible work options, 29 percent due to the lack of a good benefits package and 27 percent because they didn’t feel they would fit in with their new colleagues.

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Shifts in occupier behaviour and attitudes to real estate pave the way for a workplace revolution

Shifts in occupier behaviour and attitudes to real estate pave the way for a workplace revolution

flexible real estate at Station F ParisThe rise of the flexible office is the result of dramatic changes in the way corporate occupiers approach their real estate decisions, and will open up opportunities for landlords able to adapt and respond to these shifts. These are some of the claims from The Flexible Revolution (registration required), a pan-European report from CBRE exploring the flexible office market. Over the past decade the global flexible office market has been growing at an average of 13 percent per annum. Growth rates in EMEA (excluding UK) and APAC have averaged around 20 percent per annum, while the more mature and larger markets of the UK and the USA have seen average growth of 10 percent per annum over the same period. Key European cities like Berlin, Paris and London have all seen strong year-on-year growth of 12 – 21 percent between 2016 and 2017, which is comparable with markets like New York and San Francisco, where the flexible office concept has existed for longer.

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Government targets 50 percent cut in greenhouse gases from the built environment

Government targets 50 percent cut in greenhouse gases from the built environment

The UK government has set some ambitious targets for construction and the environmental performance of buildings following the announcement of a Sector Deal for the construction sector. The sector deal was an integral part of the Industrial Strategy White Paper published earlier this week. In a statement, Business and Energy Secretary Greg Clark revealed more details of the deal supported by £170m of government investment and £250m of match funding from the built environment sector. The announcement sets out ambitious new targets for the built environment and infrastructure including a 50 percent reduction in greenhouse gases and a third reduction in the costs of construction and whole life costs of buildings.

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Time for Britain to face up to its post-Brexit skills shortage

Time for Britain to face up to its post-Brexit skills shortage

A new and dramatic wrinkle seems to be added to the process of Brexit talks every week. But rumbling underneath the political positioning are some fundamental problems for business. Perhaps the most startling challenge is the prospect of a cavernous skills gap. A lot of attention has been paid to the problems of low-skilled workers – the “left-behind” who voted for Brexit in the first place, and the migrants who are currently propping up the agricultural economy and doing the jobs that UK workers don’t want to do. But a more pressing issue is the fact that for too long a large proportion of our skilled labour has been coming from outside the UK. This is not only in the form of skilled individuals who are recruited to work for companies and public sector organisations in the UK, but also in the way Britain outsources the manufacture of complex parts to companies in the rest of Europe. More →

The workplace sector responds to the 2017 UK Autumn Budget

The workplace sector responds to the 2017 UK Autumn Budget

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit inevitably cast its shadow over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, many of which have been broadly welcomed by commentators, industry bodies and experts. Among the announcements in the budget were new plans for infrastructure and planning, skills and training, the environment, productivity, AI and regional development.

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New research identifies nine distinct segments of the self employed workforce

New research identifies nine distinct segments of the self employed workforce

Far from being a homogeneous group, nine distinct segments of the solo self-employed workforce have been identified in new research published by the Centre for Research on Self-Employment, in partnership with IES. This segmentation furthers understanding of the solo self-employed population, including the levels of independence and security, and variation in earnings across this broad section of the UK workforce. The solo self-employed are those who do not employ other people and therefore work on their own account, and makes up 84 per cent of the self-employed workforce.

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One in four retired Britons return to work within 15 years, research shows

One in four retired Britons return to work within 15 years, research shows

Around one in four retirees in the UK return to work or ‘unretire’, mostly within five years of retiring, according to research by The University of Manchester and King’s College London. The researchers have found that while ‘unretirement’ is common, men are more likely to unretire than women, as are people in good health, those who are better educated and those still paying off a mortgage. People who report having financial problems before retiring are not more likely to unretire than those without, nor are those with lower incomes. After ten years, a retiree’s chances of returning to paid work are low. The research concludes that recently retired people, aged both above and below the state pension age, represent a pool of potential labour, if the right opportunity presents itself. They are a group that should not be forgotten by policies aiming to keep older people in work, say the researchers.

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One-fifth of UK jobs under threat from automation, but some regions more at risk than others

One-fifth of UK jobs under threat from automation, but some regions more at risk than others

Automation will affect one in five jobs across the UK, according to a new study from the thinktank Future Advocacy. According to the report, the risk of jobs being becoming automated is higher in some areas more than others and in the case of shadow chancellor John McDonnell’s west London constituency of Hayes and Harlington hits 40 percent, largely because it contains Heathrow Airport which employs a large number of people whose jobs are most at risk from automation. However, the report claims that a mere 2 percent of people surveyed were ‘very worried’ that they might be replaced by a machine, with a further 5 percent saying they were ‘fairly worried’.

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UK improves opportunities for young workers, but faces longer term challenges from automation

UK improves opportunities for young workers, but faces longer term challenges from automation

The UK could boost GDP by £43 billion if it reduces the number of young people not in education, employment or training (NEET) to match Germany, the best performing EU country. This is equivalent to a GDP increase of around £7,500 per 18-24 year old, according to estimates in PwC’s latest Young Workers Index. This year, the UK reached its highest position since the Index began in 2006, climbing to 18th out of 35 OECD countries from 20th last year. The UK’s improvement reflects lower youth unemployment and NEET rates as the economic recovery from the financial crisis has continued, but it still lags behind many other OECD countries, with Switzerland, Iceland and Germany leading the pack.

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We (still) need to talk about mental health in the workplace

We (still) need to talk about mental health in the workplace

In recent years we have made huge strides in moving discussions around mental health into the public arena. Celebrities such as Cara Delevingne, Ryan Reynolds, Gwyneth Paltrow and Brad Pitt have all come forward to share personal stories of their struggle with mental health problems.  The Duke and Duchess of Cambridge and Prince Harry have also championed mental health awareness through the Heads Together campaign, a charity that aims to help people feel more comfortable with their everyday mental wellbeing and offer practical tools to help support their friends and family. The campaign rose to prominence in the media as the 2017 Virgin Money London Marathon Charity of the Year.

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British organisations must step up to the challenges of artificial intelligence, robotics and automation

A report published by the RSA think-tank has encouraged UK businesses to embrace artificial intelligence, automation and robotics. arguing that new technology has the potential to raise productivity levels, boost flagging living standards, and phase out ‘dull, dirty and dangerous’ tasks in favour of more purposeful and human-centric work. The Age of Automation report warns, however, that the UK is fast becoming a ‘laggard’ in the adoption of new machines and called on UK business leaders to accelerate their take-up of technology. The RSA found that sales of robots to the UK decreased over 2014-15, with British firms falling behind the US, France, Germany, Spain and Italy. A YouGov poll of UK business leaders, commissioned by the RSA, found that UK business leaders are currently wary of adopting AI and robotics, with just fourteen percent of firms currently investing in this technology or soon planning to. Twenty-nine percent of businesses believe AI & robotics to be too expensive or not yet proven and twenty percent want to invest but believe it will take several years to ‘seriously adopt’ the new technology.

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