Search Results for: employees

400 years on, the Bard continues to influence Britain’s workplaces

400 years on, the Bard continues to influence Britain’s workplaces 0

Shakespeare's Merchant of VeniceIt has been well reported that Saturday (23rd April) marks the 400th anniversary of the death of one of Britain’s most famous literary geniuses, William Shakespeare. The reasons for his enduring popularity are clear, as the website Shakespeare Online points out, if you cannot find words to express how you feel about love or music or growing older, Shakespeare can speak for you. What is somewhat less known is that Shakespeare is credited with coining over 1700 words that are now in use in English, generally through changing nouns into verbs and verbs into adjectives, connecting existing words and, in some cases, coming up with wholly new creations. To mark the occasion, the Association of Accounting Technicians (AAT) has selected five words that the playwright brought into our language which are heard up and down businesses throughout the UK on a daily basis.

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Traditional performance management fails to match new digital workplace

Traditional performance management fails to match new digital workplace 0

Performance managementPerformance management plays a key role in  helping organisations measure how effectively their employees are contributing to business objectives. Yet despite 94 percent of workforce leaders in a global survey believing performance management improves business performance, only 39 percent of them think their current practices help to achieve their organisation’s business objectives. This isn’t just the employers’ view, within the workforce, 89 percent of people believe their performance would significantly improve if changes were made. The main reason for this credibility gap is the impact digital technologies are having on the nature of both work and the workforce. In the Accenture Strategy report, Is Performance Management Performing? – 92 percent of respondents report that work is faster, more networked and collaborative, and demands ever-evolving skills. This means that organisations need to innovate to keep pace.

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Employers’ and workers’ views on an engaging workplace differ widely

Employers’ and workers’ views on an engaging workplace differ widely 0

Undervalued-and-disengaged-staff-plan-to-move-jobs-this-yearBusiness growth is radically redefining how employees are managed, especially as there is greater competition than ever to hire the best people from a much more demanding employee population. Yet employees report that a lack of development, outdated processes, and discontent with the role of their managers are causing them to feel dissatisfied according to Mercer’s 2016 Global Talent Trends Study, the first to take into account the perspective of both employers and employees. While 85 percent of organisations admit that their talent management programmes need an overhaul, 70 percent are confident about filling critical roles with internal candidates, 28 percent of employees say they plan to leave in the next 12 months even though they are satisfied with their current role. Managing these challenges requires support but only 4 percent of HR professionals feel that the HR function is viewed as a strategic business partner within their organisations.

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Londoners work less flexibly than elsewhere, despite longer commutes

Londoners work less flexibly than elsewhere, despite longer commutes 0

flexible workingLondoners are less likely to work flexibly than the rest of the UK, despite having much longer commuting times. This is according to the results of new research by the CIPD which found that many Londoners are travelling for the equivalent of at least one full working day in a ‘typical’ week. They spend an average of 47 minutes travelling to work each way compared to the national average of 31 minutes, and their average travel to work time increases to 56 minutes each way, if you consider a combination of both employees who live in London and those that commute into the capital from outside the M25. The data also reveals that flexible workers in London are more satisfied with their jobs, feel under less pressure and have better work-life balance than those who don’t work flexibly.  In its policy programme, Opportunity through work: A manifesto for London, the CIPD is calling for a campaign to increase the uptake of flexible working in the Capital.

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Competitive workplaces hold women back in their careers

Competitive workplaces hold women back in their careers 0

Women fighting with katana swords --- Image by © Ocean/Corbis

Women take competition with other women at work too seriously and it could be damaging their careers, new research from UCL School of Management claims. Assistant Professor Sun Young Lee found that women experience competition with same-gender co-workers more negatively than men do because female peer culture values harmony and equality, and competition is at odds with the norm of female relationships. On the other hand, hierarchical ranking and competition is natural in male peer culture, so men’s work relationships do not suffer from competing with male colleagues. But competition with female co-workers taxes women’s work relationships. Women may struggle to interact with female co-workers, becoming overly cutthroat and mean, which can restrict their career progression. The findings suggest that, for organizations with a majority of female employees, competitive practices may not be the best way to organise work.

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Friendly workplaces are less innovative, claims new report

Friendly workplaces are less innovative, claims new report 0

creativityWork friendships can contribute to a lack of creative diversity in the office, according to new research from Rotterdam School of Management, Erasmus University.‘Relational capital and individual exploration: Unravelling the influence of goal alignment and knowledge acquisition’, a paper that examines the double-edged sword of friendships between colleagues, has revealed that friendly workplaces discourage employees from challenging ‘group think’. The researchers examined 150 respondents within large R&D departments of three Fortune Global 500 firms, gauging whether their accounts of personal friendships affected individual creativity, in information obtained from their colleagues. Tom Mom, along with co-authors Pepijn van Neerijnen, Patrick Reinmoeller and Ernst Verwaal, demonstrate that by aligning themselves, employees become less likely to innovate away from the established and accepted ‘norm’.

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Women who feel valued at work will help close the gender pay gap

Women who feel valued at work will help close the gender pay gap 0

Gender pay gapThere has been much debate around the gender pay gap but aside from any instances of obvious gender discrimination is the controversial fact that women appear to be more afraid of asking for a pay rise than men. According to a recent survey by Randstad 72 per cent of women are afraid even to ask for a raise for fear of jeopardising their existing position. This clearly shows there is work still to be done to encourage women to ‘lean in’. When people start questioning the value they bring to a company they are less likely to put themselves in the spotlight, or under scrutiny, by asking for a raise or a promotion, and the key to increasing confidence is by getting genuine feedback on work performance. If you know that your work is getting recognised by colleagues and you are being praised for it, then you are more likely to understand the value of the work you are doing, regardless of what industry you are in.

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The global tension between cost and talent in corporate real estate

The global tension between cost and talent in corporate real estate 0

TightropeConcerns over the health of the global economy, workforce strategies and rising costs and pace of business are heavily influencing real estate decision-making for major corporations, a new survey by CBRE of global corporate real estate executives claims. More than 400 respondents from around the world participated in the survey. Nearly half (49 percent) cited economic uncertainty as their greatest challenge, while 43 percent identified it as cost escalation. Forty-eight percent projected a stable real estate footprint for this year. Seventy-nine percent stated that they are actively using space-efficiency initiatives to manage costs, combining ‘ground-up workplace strategies with top-down cost management initiatives’. Workplace strategies are also driven by initiatives that aim to improve collaborative working and enhance a firm’s pool of talent as well as address other workplace issues such as wellbeing and work life balance.

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Just one percent of men have taken-up UK’s shared parental leave right

Just one percent of men have taken-up UK’s shared parental leave right 0

Parental leaveOne year on from its launch and it’s emerged that just 1 percent of men have so far taken up the opportunity of Shared Parental Leave (SPL) while over half (55 percent) of women say they wouldn’t want to share their maternity leave rights. The main reasons why men have chosen not to take up SPL are financial affordability, lack of awareness, and unwillingness from women to share their maternity leave. A combined survey of over 1,000 parents and 200 businesses (HR Directors) from My Family Care and the Women’s Business Council found that taking up SPL was very much dependent on a person’s individual circumstances, particularly on their financial situation and the paternity pay on offer from their employer. It found that 80 percent of both men and women agreed that a decision to share leave would be dependent on their finances and their employer’s enhancement of SPL.  More →

HR Best Practices linked to improvements in business performance

HR Best Practices linked to improvements in business performance 0

Performance management benefitsAs we outlined last week, when the positive role played by Human Resources is applied throughout an organisation – levels of motivation, retention and engagement do indeed rise. Now a new report from Top Employers Institute and HR Certification Institute® (HRCI®) reveals that better business performance – measured by higher stock prices, faster revenue growth and more favourable perception of an employer brand – is the direct result of best practice performance by HR professionals. The paper also shows that this effect has the biggest impact on business performance when it is embraced company-wide, starting at the top, and adapted smartly and sensitively by expert professionals. The paper, “Emerging Evidence: Business Performance and the Validation of HR Best Practices”, shows recent research that suggests there is evidence for HR practices driving financial results, including increased revenue growth and a rise in the value of stock prices.

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Rise in number of virtual employers with remote teams of workers

Rise in number of virtual employers with remote teams of workers 0

Virtual workersWhen, where, and how people work has changed dramatically over the last ten years – telecommuting has grown 103 percent over in the US and an estimated that 50 percent of people will work remotely by 2020. While many companies have begun to integrate remote work, there is a growing trend for firms to fully embrace remote work as an integral part of their business. Virtual companies that operate with fully or heavily distributed workforces now come from many industries, including accounting, health, law, marketing, non-profit, news/media, sports, travel and others. However the best sectors to find a remote post are in Computer/IT, HR/Recruiting and Education; according to the third annual list of virtual companies compiled by FlexJobs. The diversity of companies represented in this year’s list, demonstrate that the remote work model can be applied regardless of company size and/or industry.

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Scientific management and the enduring love of the open plan office

Scientific management and the enduring love of the open plan office

PanopticonThere are many reasons why organisations like open plan offices. When it comes to making the business case for them however, firms prefer to talk about some more than others. So while they prefer to focus on the argument in terms of how openness can foster better lines of communication, collaboration, teamwork and team spirit, they talk rather less about the fact that the open plan is a lot cheaper than its alternatives and how they like it because it allows them to keep an eye on what people are doing. In theory, a great deal more of this surveillance now happens electronically so the need for physical presence should be less pressing, but the residual desire to see with one’s own eyes what people are doing remains. This is the instinct that constrains the uptake of flexible working and also means that there is a hierarchical divide in who gets to decide where they work.

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