Search Results for: Gen Z

One in five working millennials in the UK have two or more jobs

One in five working millennials in the UK have two or more jobs 0

New research from recruitment app Coople, claims that British millennials are a generation of career jugglers, seeking ‘varied lifestyles and accelerated multi-skilled growth’. The survey of 2,000 employed millennials in the UK, carried out by OnePoll, claims that there is a growing “slash culture”, in which workers take on more than one job simultaneously. The new statistics claim that one in five (19 per cent) employed young people have two or more jobs, more than any other generation. Some of the main reasons cited by millennials for taking on multiple roles include to learn new skills (47 per cent) and for variety and experience (27 per cent). By comparison, older generations put more onus on increased earnings when stating their purpose for working within multiple roles. The study also claims one in three millennials (29 per cent) plan on changing industry within the next two years, 13 per cent intend to change industries within the next year and 45 per cent will be looking to move within three years.

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Control over working hours leads to different outcomes for mothers and fathers

Control over working hours leads to different outcomes for mothers and fathers 0

The growth of flexible working practices coupled with the extension of parental leave tights to fathers is are partly intended to reduce the differences between levels of pay and career progression for men and women. Yet a study published in the European Sociological Review suggests that men and women experience different outcomes when given control of their working hours and may even lead to the reinforcement of traditional gender roles. The study  by Yvonne Lott and Heejung Chung of the Hans-Böckler Foundation, Düsseldorf and the School of Social Policy, Sociology and Social Research at the University of Kent respectively found that while the adoption of flexible working meant all people worked longer hours on average, only men enjoyed higher incomes as a direct result.

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Presenteeism doesn’t aid productivity, so employers should set workers free

Presenteeism doesn’t aid productivity, so employers should set workers free 0

At this time of year, the days are short, the morning commute can be hellish and traffic grid-locked. Wouldn’t it be ideal if more employers recognised this and offered a solution involving flexible hours, remote collaboration or even home-working? And not just at Christmas, but the whole year round? More and more companies are switching on to the benefits this can bring in terms of their employees’ well-being and productivity. Firms can allow colleagues to occasionally work from home or a third place, provide tools that enable them to work remotely and support an agile working agenda. This can be done in parallel with making provision for a hi-tech and collaborative workplace where colleagues can get together regularly to connect, get work done and be part of an effective team.

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Technology industry leads the way in adoption of flexible working

Technology industry leads the way in adoption of flexible working 0

New research from My Family Care and global recruitment firm Hydrogen claims that when compared with all other industries, the technology sector has the most number of employees taking advantage of flexible working practices. Over four in five (81 percent) of employees who work in tech say they work flexibly to some degree – around 15 percent higher than the average of 66 percent and over half of the 265 people surveyed said they worked remotely at least one day last week – 18 percent higher than the average for all employees. The research also claims that people who work in tech put a high value on flexible working when considering a job offer, with 88 percent of professionals considering it to be more important than other benefits like private healthcare insurance, enhanced pension scheme or commission or bonuses.

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UK employers predict workforce growth in 2017 along with more inclusive hiring

UK employers predict workforce growth in 2017 along with more inclusive hiring 0

Four in ten (41 percent) of firms across the UK will grow their workforce in 2017 but uncertainty about the UK’s future relationship with the EU has shaken overall business confidence in the labour market claims a new report. According to respondents to the 19th CBI/Pertemps Network Group Employment Trends Survey, for the fourth year running, growth in permanent job opportunities will outstrip temporary recruitment. But the balance of those expecting the UK to be a more attractive place to employ people in the next five years has flipped from +16 percent in the 2015 survey to -21 percent in this year’s results. In terms of engagement, over three quarters (76 percent) of respondents reported that a diverse and inclusive workforce is vital or important to the future success of their organisation. They report a range of benefits of inclusive workplace practices including increased skills (73 percent), attraction and retention of staff (60 percent) and engagement levels (46 percent).

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Direct causal link between wellbeing and corporate performance, claims study

Direct causal link between wellbeing and corporate performance, claims study 0

A new report published by IZA World of Labor claims that a rise in workers’ happiness and wellbeing leads to an increase in productivity. The study from economist Dr Eugenio Proto, of the University of Warwick’s Department of Economics and Centre for Competitive Advantage in the Global Economy (CAGE) concludes that companies would profit from investment in their employees’ wellbeing. It cites the experience of large companies that have recently highlighted the importance of employee wellbeing in their company profiles. The authors claims that, until recently, evidence for a link between employee wellbeing and company performance has been sparse and that their own study shows a positive correlation between a rise in happiness and an increase in productivity. Proto believes  that finding causal links between employee wellbeing and company performance is important for firms to justify spending corporate resources to provide a happier work environment for their employees and that the available evidence suggests that companies can be encouraged to introduce policies to increase employee happiness.

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KPMG first UK firm to publish socio-economic make-up and diversity of staff

KPMG first UK firm to publish socio-economic make-up and diversity of staff 0

KPMG first UK firm to publish socio-economic profile of staffThe first business in the UK has published detailed workforce data outlining the socio-economic make-up of the firm as a way of understanding its workforce diversity. KPMG has published data, which measures employees’ parental occupation and education and the type of school employees attended along with graduate and school leaver socio-economic data from the past three years. It reveals that the vast majority of the workforce – 74 percent of respondents – received a state school education: 60 percent attended a non-selective state school and 14 percent attended a selective state school, with 23 percent receiving private education.  Additional detail on parental education shows that 48 percent have a parent or guardian with a university degree, while 43 percent do not. On parental occupation, 58 percent have parents in a higher managerial, administrative and professional occupation, 16 percent have parents employed in a manual occupation and 11 percent have parents in intermediate occupations. KPMG is the first business in the UK to share details of the parental occupation of its workforce, which is recognised by social mobility experts as a strong indicator of socio-economic background.

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Lack of free childcare dissuades workers from shared parental leave

Lack of free childcare dissuades workers from shared parental leave 0

parental-leaveJust 5 percent of new fathers and 8 percent of new mothers have opted for Shared Parental Leave (SPL) since its introduction in April 2015 a new report claims. Just one organisation in five (21 percent) said they had received requests from male employees to take up SPL since April 2015 and in two-thirds (67 percent) of organisations with mothers eligible for SPL, none have opted in. This low take-up of (SPL) and the lack of affordable childcare options for parents with 0-2 year-olds are both major problems that need to be addressed to support working parents more effectively, according to ‘Labour Market Outlook: Focus on Working Parents’ from the CIPD. The survey of over 1,000 HR professionals also suggests that the lack of free childcare for 0-2 year-olds could be having a negative impact on women returning to work after maternity leave.

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Surge in take up of London commercial property defies Brexit storm

Surge in take up of London commercial property defies Brexit storm 0

Apple pre-let 500,000 sq ft at Battersea Power StationLondon commercial property has managed to weather the Brexit storm with a late surge of City deals over the past three weeks set to see Central London take-up in line with its long-term average level of 10 million sq ft in 2016. According to the latest figures from JLL, despite take-up in Central London being subdued in the lead-up to and immediate aftermath of the referendum, City take-up has surged during the last quarter, and is expected to reach 5.3 million sq ft by year end, just 6 percent below the long term average. This is offset by strong take-up in East London, where the recent deal to the GPU at Canary Wharf propelled take-up to 8 percent above its long term average level. The most notable deals of 2016 included – The Government Property Unit (GPUK) took 542,000 sq ft at 20 Cabot Square, E14 which was a sub-lease from Barclays; Apple pre-let 500,000 sq ft at Battersea Power Station, SW8 and will be paying a rent in the high £50 per sq ft; Thompson Reuters acquired 315,362 sq ft at 5 Canada Square, E14, paying a rent of £40 per sq ft; 33 Central, EC4 was pre-let to Wells Fargo who took the entire building, totalling 227,689 sq ft and New Look pre-leasing 127,096 sq ft at R7 Handyside Street, N1C for £77.50 per sq ft.

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The workplace holds the key to enormous productivity boost, claims study

The workplace holds the key to enormous productivity boost, claims study 0

morgan-lovell-thoughtworks-workplaceCompanies could boost their productivity by between 1 and 3.5 per cent, adding as much as £70 billion to the UK economy, by focusing on how the workplace might be used to generate revenue, instead of regarding them simply as a cost to be managed. That is according to the newly published The Workplace Advantage report from The Stoddart Review based on a meta-analysis of 200 studies by workplace expert Dr Nigel Oseland.  Taking a new approach to how space is used to help employees to be productive and changing who is responsible for the decisions is the first step. The Review, a collaboration between business leaders and workplace experts, found that only a little over a half (53 percent) of the UK’s office workers can say their workplace enables them to be productive. For the rest, a workplace that’s unproductive is also affecting their pride in the company, its image and culture. It found that too many businesses are prioritising filling up their offices with people rather than asking themselves ‘what will make their staff productive’. As a result, as many as 70 percent say their office is too noisy and they are disappointed by the lack of different types of workspace including communal areas and break-out zones.

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Book review…. HQ:Nerve Centres of the World’s Leading Brands

Book review…. HQ:Nerve Centres of the World’s Leading Brands 0

primark-cropSome people would have you believe that the office is dying out. But the absolute dead giveaway that it is not is the creation of tech enclaves and palaces around the world that exists solely to bring lots of people to work together in real space and real time. Some of these buildings are presented in a new book called HQ: Nerve Centres of the World’s Leading Brands from Irish publishers Roads (link is to Amazon but please try to order from a local bookshop if possible). The high tech homes of the likes of Google, Facebook, Microsoft and Vodafone are presented alongside similar examples from eight other business sectors: Finance, Retail, Motoring, Media, Drinks, Fashion, Sport and Design & Innovation.

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Half of UK firms will hold Christmas parties but just a fifth offer bonuses or extra time off

Half of UK firms will hold Christmas parties but just a fifth offer bonuses or extra time off 0

Office Christmas party will go ahead but not bonuses or extra time off

We’re entering the office party season now so it’s time for the usual flurry of Christmas related research. We kick off the season with this from XpertHR which claims that the majority of companies it has polled will host company-wide parties (50.8 percent) or departmental Christmas lunches (47.2 percent), but there will be fewer Christmas gifts, bonuses awarded or additional time off for employees this year. Employers plan to spend an average of £93.33 and a median of £50 per employee on their Christmas celebrations – a figure which hasn’t changed significantly since the last time XpertHR conducted this survey in 2012/13, when the median spend was £42.82. However, fewer than one in five organisations (17.9 percent) will be offering employee gifts this year compared to 21.1 percent in 2012/2013 and just 18 employers will award Christmas bonuses, with no increases planned compared with last year.

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