Search Results for: employee

Third of HR professionals say Brexit will impact the profits of their business

Third of HR professionals say Brexit will impact the profits of their business 0

by • Legal news, News, Workplace

Today (29 March) the Prime Minister triggers Article 50 to begin the UK’s exit from the European Union, and a new piece of research claims that almost two thirds (62 percent) of HR professionals expect this to impact their HR strategy and more worryingly, over a third (35 percent) say that the leave vote will impact the profits of their business. According to the research from employee benefits specialist Secondsight, 37 percent have opted not to hire over the coming year, and 39 percent agreed that recruiting the right people into their business will now be more difficult than before the decision to leave was made. However, on a more encouraging note, 95 percent of the HR professionals surveyed will see their budget rise in 2017, and 18 percent plan to introduce new benefits in the year ahead.

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Less rigid flexible working practices tend to produce higher performing staff

Less rigid flexible working practices tend to produce higher performing staff 0

by • Flexible working, News, Workplace

Less rigid flexible working practices tend to produce higher performing staffFlexible working can increase employee job satisfaction and organisational commitment, but staff who work flexibly under an ad  hoc arrangement appear to perform better than those who go through a more formal process, according to research from Cass Business School  and Cranfield School of Management. The research focused on the relationship between flexible working arrangements designed to accommodate employees’ needs (e.g. remote working, flexitime, compressed working) and performance appraisals and considered the indirect effects of employee performance via job satisfaction and organisational commitment.  An analysis of whether the associations varied according to whether the flexible working arrangement was set up via a formal policy or informal negotiation between the employee and line manager revealed that employees who established flexible working arrangements through informal discussion with their line manager were judged to perform much better than those who use formal flexible working arrangements.

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Post Brexit UK sets out its case at MIPIM 2017

Post Brexit UK sets out its case at MIPIM 2017 0

by • Cities, Features, Property

Cannes-based international real estate fair MIPIM has always been a magnet for cities, determined to extoll their virtues to investors, developers and occupiers, but this year the UK was in charm overdrive. Buoyed no doubt in part by the presence of the UK government’s Department of International Trade (DIT), waving its ‘open for business’ flag for UK PLC, many of the towns and cities that would normally have ploughed their own furrow, instead came together to leverage critical mass. So Bradford and Leeds combined, conurbations across the central belt conjoined on a Midlands pavilion, and so on. Whether it was panic or confidence, the net result was an unusually prominent UK presence, up a quarter on last year. Of course the UK is just one nationality among the 24,200 real estate and city professionals from 100 countries who come together in Cannes every March.

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Surge in the number of people working into their seventies

Surge in the number of people working into their seventies 0

by • News, Wellbeing, Workplace

The number of British people working past 70 years old has increased markedly over the past four years. Poor pensions, personal choice, greater life expectancy and changes to pension laws have all been highlighted as factors behind the increase in the latest report on demographic trends from the Office of National Statistics (ONS). The largest increase was seen amongst women, with the proportion of women working into their seventies doubling from 5.6 percent in 2012 to 11.3 percent last year. Around 150,000 women over seventy are now thought to be working. Meanwhile, the number of men working past the official state pension age has also increased, but at a slower rate, from 10 percent in 2012 to 15.5 percent last year.

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New wellbeing index measures level of support for staff with poor mental health

New wellbeing index measures level of support for staff with poor mental health 0

by • News, Wellbeing, Workplace

New wellbeing index measures level of support for staff with mental ill health

Just over half (53 per cent) of staff who had disclosed poor mental health at work said they felt supported, and 72 per cent said they’d been made aware of the support tools such as Employee Assistance Programmes (EAPs), counselling, staff support network or informal buddying systems, a new piece of research has disclosed. The data has been gathered by mental health charity Mind to give an insight into the mental health of 15,000 employees participating in Mind’s first ever Workplace Wellbeing Index, a brand new benchmark of best policy and practice when it comes to staff mental health. Thirty organisations participated in Mind’s first ever Workplace Wellbeing Index, including Deloitte, HMRC, the Environment Agency, Jaguar Land Rover and PepsiCo. Over half (56 per cent) of employees who reported mental ill health were offered reasonable adjustments or support measures, such as changes to hours worked or the nature of some of their duties.

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The digital revolution is polarising the labour market and increasing wage inequality

The digital revolution is polarising the labour market and increasing wage inequality 0

by • News, Technology

The increasing ability of machines to perform cognitive, physical, and social tasks has polarised labour markets by “hollowing out” demand for middle-skill jobs, claims a new report published by IZA World of Labor based on research from economist Michael Gibbs of Chicago Booth School of Business. It suggests that analytical, problem solving, and social and communication skills are likely to be most valued in employees in the future. The new report finds that the advance of technology has opposing effects on jobs. It facilitates automation, creating fewer and less motivating middle-skill jobs. Conversely, it complements social and innovation tasks, creating more interesting low- and high-skill jobs. This causes labour market polarisation, “hollowing out” demand for middle-skill jobs, and increasing wage inequality.

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Employers in industries reliant on overseas workers will be hardest hit by Brexit

Employers in industries reliant on overseas workers will be hardest hit by Brexit 0

by • News, Workplace

Brexit MigrationAccommodation and food services, manufacturing, and transport industries will be hardest hit by limits on movement of EU and non-EU workers following Brexit, a new report has claimed. The latest edition of Mercer’s Workforce Monitor has highlighted how reliant certain sectors of the UK economy have become on EU-born and non-EU born workers, as respectively, 33 percent, 23 percent and 20 percent of accommodation and food services, manufacturing, and transport are made up of non-UK-born nationals, meaning companies in those sectors, and those reliant on them, are especially at risk from the changes in the UK’s migration policy. According to Gary Simmons, Partner at Mercer, “Since 2013, the UK-born workforce has been declining as people retire and we can see how reliant certain industries are on overseas workers filling the gaps. The UK is likely to impose more stringent migration controls in the future and this will reduce the number of overseas workers available.”

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HR needs to help employers better prepare for the digitised workplace

HR needs to help employers better prepare for the digitised workplace 0

by • News, Technology, Workplace

HR needs to help employers better prepare for the digitised workplace

HR leaders must take responsibility for bridging the gap between leadership and employees to help ensure organisations deal with the challenge of an increasingly digitised workplace and create a shared sense of direction, values and collaboration, a new piece of research suggests. According to the report, ‘Leadership Connections: HR’s role in business transformation’ from Ipsos LEAD and Cirrus, HR leaders are the crucial drivers of transformation in UK businesses through their roles of promoting devolved decision making, employee engagement and collaboration. Figures have shown that while half of CEOs expect their industries to be substantially or unrecognisably changed by digital, as of late 2016 10 percent of employees claim to have seen no significant change in their organisations at all – according to MORI’s Representative Employee Data (RED). This presents a significant difference between what we are being told by senior leadership and what employees believe to be the case.

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Global survey confirms the need for flexible working in order for businesses to thrive

Global survey confirms the need for flexible working in order for businesses to thrive 0

by • Flexible working, News, Technology

Productivity and teamwork are both significantly improved when employees can choose where they work, a global survey of on global flexible working trends claims. The survey commissioned by Polycom, Inc. a global leader in enabling organisations new levels of teamwork, efficiency and productivity by unleashing the power of human collaboration. The survey of over 24,000 people found that 62 percent of the global working population now take advantage of flexible working practices. Nearly all respondents (98 percent) state that flexible working has a positive impact on productivity. Although many remain concerned that their absence from the office may have a negative effect on their careers, they are drawn to flexible working to increase their productivity, achieve a better work life balance and avoid the problem of commuting.

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Only half of people say they are productive at work

Only half of people say they are productive at work 0

by • News, Wellbeing, Workplace

Junior members of the workforce are most likely to be disengaged, demotivated and lacklustre about work according to a survey on happiness in the UK workplace from HR consultancy Personal Group. Based on a survey of 800 people benchmarked against a larger database of 41,000 from the University of Warwick, the survey claims that 48 percent of employees are not often happy at work and that almost one in five are rarely or never happy at work. The report suggests that it is more junior employees who are not only less keen to get to work in the morning but are also unhappier at work when compared to senior managers, directors and those who are self-employed. Similarly,  when asked whether they feel enthusiastic about their job, directors and self-employed are the most passionate, reporting 70 percent and 76 percent respectively. Team leaders and frontline employees are significantly less enthusiastic, with 30 percent of the latter saying that they never feel enthusiastic at work.

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Half of UK employers have now introduced wellbeing schemes 0

by • Flexible working, News, Wellbeing

Nearly two thirds (63 percent) of UK employees experience stress in their jobs, according to a new study of workplace wellbeing by Happiness Works on behalf of Robert Half UK. Of those who find their roles demanding, nearly one in 10 said their job was very stressful.  To address the high-levels of stress and other issues among employees, organisations are introducing wellbeing initiatives to support the physical and mental health of employees at work. Nearly half (48 percent) of businesses offer tools designed to promote wellbeing in the workplace, with one in seven providing stress management seminars or training and annual leave for personal and mental wellbeing. Other initiatives being introduced include counselling (17 percent), leaving work early on a Friday (17 percent) and limiting the amount of overtime that employees can do (11 percent).
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Artificial intelligence to go mainstream in the workplace by 2020, claims report

Artificial intelligence to go mainstream in the workplace by 2020, claims report 0

by • News, Technology

A new report by Tata Consultancy Services claims that 84 per cent of companies worldwide already see artificial intelligence as essential to their competitiveness while half see the technology as ‘transformative’. The study Getting Smarter by the Day: How AI is Elevating the Performance of Global Companies is based on interviews with 835 major businesses worldwide. It focuses on the current and future impact of Artificial Intelligence (AI) and found that the biggest adopters of AI today are, not surprisingly, IT departments, with two-thirds (67 percent) of survey respondents using AI to detect security intrusions, user issues and deliver automation. However, by 2020, almost a third (32 percent) of companies believe AI’s greatest impact will be in sales, marketing or customer service, while one in five (20 percent) see AI’s impact being largest in non-customer facing corporate functions, including finance, strategic planning, corporate development, and HR.

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