Search Results for: workers

May 29, 2014

What is expense management costing you and your business?

Time is money. That’s why organisations are placing an ever-growing emphasis on improving productivity and streamlining administrative processes to encourage employees to focus on value-added activities. So I’m staggered by how many otherwise forward-thinking companies are still reliant on old-fashioned, paper-based expense management processes. Expenses are an obvious time-sink for claimants themselves and is often portrayed as a dull task; but badly managed expense processing costs employees and businesses money. A survey conducted by Access aCloud has discovered that employees are losing £45 a year owing to interest charges due to the waiting period of reimbursement – with a collective £2.1 billion lost by 46 million workers each year. In the UK, the average waiting time for expenses to be paid is 3.3 weeks. However, the survey revealed that over 20 per cent of people spend 6.3 weeks chasing their employer for their claims to be paid. (more…)

May 28, 2014

Money alone isn’t enough to attract and hold on to Gen Y employees

by Jessica Pryce-Jones • Comment, Flexible working, Workplace

The retention of Gen Y employees is key for all organisations. No organisation wants to invest in their next generation of management only to find that they leave, and someone new needs to be trained. But the 20-30 year old workers of Gen Y exhibit a new-found job mobility. Which makes for a ticking time-bomb of potential cost and disruption to their employers. The iOpener Institute has gathered and studied questionnaire responses from over 30,000 professionals across the world, gaining insights into how employers can retain their Gen Y talent. The research clearly shows that while pay and financial rewards are important to Gen Y (i.e. they are not prepared to be under-paid for their work), there is no significant correlation between increased levels of pay and greater talent retention.

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May 28, 2014

Goodbye 9-5: flexible working practices help retain and attract staff

by Sara Bean • Flexible working, News, Technology

Tech savvy connectors @ Oliver Preston

New ways of working are being fuelled by employees desire to take greater control of their lives. Over three-quarters (77%) of respondents in a survey by YouGov for Virgin Media Business said that remote working helps them address their work-life balance and almost four in five employees (78%) believe companies today need to offer it to attract and retain staff. As part of the research, psychologist Professor Cary Cooper reveals remote workers fall into four groups which range from ‘beginners’ to tech savvy ‘connectors.’ He stresses the need for employers to not only kit out their employees with the technology they need to work remotely, but also to educate them on flexible working best practice tips and guidelines because: “Ultimately this will help them ensure there is consistency across employees’ standard of work regardless of location, and will also ensure they remain as productive as possible.” (more…)

May 26, 2014

Flexible working just one factor that can lift the workplace blues

by Mark Eltringham • Flexible working, News, Workplace

New research commissioned by office supplies firm Viking claims that many people working for small businesses are unhappy, stressed and demotivated in the workplace for much of the time but that their misery can be alleviated with flexible working, training, social events and generally a bit more information and attention from their employers. The research found that a third of the employees surveyed, all of whom work for firms with fewer than 50 employees, claim to be unhappy for more than half of their time at work, with 42 per cent saying they are also stressed and unmotivated. The respondents claim that these issues could be resolved with more flexible working, social events, personal development and business updates. With workers rating such displays of affection more highly than a pay rise, a spend of less than £500 per employee each year on the things they cherish could make them more happy and motivated.

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May 22, 2014

Talent challenge ahead as UK employers struggle to fill skills gap

by Sara Bean • News, Workplace

With the economy picking up, nearly two thirds of UK employers are concerned that they won’t be able to find the people with the skills needed to fill their burgeoning job vacancies. A global PwC survey of over 1,300 CEOs in 68 countries reveals that a quarter of UK business leaders plan to increase their headcount by up to 5 per cent in the next 12 months, with a further 20 per cent planning increases of up to 8 per cent and a further one in five planning increases of over 8 per cent. But 64 per cent of UK business leaders are more concerned about the availability of key skills than any of their Western European counterparts, rating it as the biggest business threat to their growth plans. Technology and engineering firms report the most chronic shortage of skilled employees. (more…)

May 21, 2014

Homeworking has environmental benefits, says Carbon Trust

by Sara Bean • Environment, Facilities management, Flexible working, News

There have been some doubts cast recently on the environmental benefits of flexible working. At the recent ThinkFM conference, Lord Rupert Redesdale, the CEO Energy Managers Association said that keeping buildings open for longer to accommodate flexible workers could become unfeasible for many businesses. But what if you simply increase the numbers of home workers instead? Homeworking reduces employee commuting, resulting in carbon, money and time savings. If office space is properly rationalised to reflect this, homeworking can also significantly reduce office energy consumption and rental costs. This is according to new research from the Carbon Trust, which found that if adopted and encouraged by employers across the country, homeworking could result in annual savings of over 3 million tonnes of carbon and cut costs by £3 billion.

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May 20, 2014

Impact of BYOD is increasingly blurring lines between work and leisure

by Sara Bean • Flexible working, News, Technology

The influence of BYOD (Bring Your Own Device) on working life grows, with the line between work and home life increasingly blurred. According to the annual Edenred-Ipsos Barometer of 8,800 workers across Europe two-thirds of employees report that work keeps them busy out of hours. Laptops, smartphones, tablets and other devices are making it easier for people to work from home, with around half (54 per cent) of UK organisations giving employees access to this technology. However, despite these new tools being perceived as having a positive impact on the quality of life at work, respondents were critical of the actions taken by companies: 39 per cent feel that the efforts made to introduce new ways of organising work are insufficient, 36 per cent feel the same about wellbeing at work and 28 per cent about the flexibility of the organisation of working hours.

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May 19, 2014

Managers rate early starters more highly at work, claims new research

by Mark Eltringham • Flexible working, Workplace

Humans remain wedded to long-held ideas about the times and places in which we work best so if you want to get ahead in your career, you need to be in the office nice and early, regardless of any flexible working arrangements. That is the conclusion of new research from the University of Washington due to be published in full later this year in the Journal of Applied Psychology. The research is flagged up by its authors in the current issue of the Harvard Business Review. It shows that our attitudes to presence are so pervasive that workers who get an early start are rated as more effective by their line managers regardless of the number of hours they work and what they achieve in that time. Researchers conclude that managers have a profound morning bias that leads them to confuse conscientiousness with an early start.

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May 16, 2014

Four million people in UK now work from home, claims TUC

by Mark Eltringham • Flexible working, News, Technology

Figures released today by the TUC to mark National Work from Home Day show that more than 4 million people now regularly work from home; a rise of more than 62,000 over the course of the last year. The number of people who say they usually work from home increased by 62,000 over the course of last year to reach more than four million for the first time. The findings are from a new TUC analysis published to mark national work from home day, organised by Work Wise UK. The TUC analysis of figures from the Office for National Statistics shows that the number of regular home-workers has risen by over a half a million since 2007 – an increase of more than 10 per cent. Millions of workers across the UK occasionally work from home too, says the TUC. (more…)

May 15, 2014

CBI: Strong business case for investing in health and wellbeing

by Sara Bean • Flexible working, News, Workplace

As we reported earlier this week, an employee wellness programme can be worth doing alone as an incentive and engagement tool. But for those employers who need some evidence of their impact on the bottom line comes a new CBI report, which shows the costs to employers who fail to address employee health and wellbeing. The direct costs of employee absence to the economy is estimated at over £14 billion per year and the average total cost to business for each absent employee is £975. These figures would be higher still if productivity lost due to presenteeism – staff attending work despite being unwell – was included as well. The new CBI report – Getting Better: Workplace health as a business issue – outlines exactly how businesses can improve the wellbeing of their staff and provides a practical support tool to support firms, based on the experience of CBI members. (more…)

May 12, 2014

Wellness counts. Third of staff would consider leaving if they didn’t feel cared for

by Sara Bean • News, Workplace

Measuring the impact of wellness initiatives at work is far from being an exact science. An examination of sickness absence figures for example, must take into account many variables; from the state of health of employees before the outset of a wellbeing programme, to the reasons behind each individual’s days off sick after a health programme has been put in place. There is though, a growing body of evidence that employers that bother to provide their workers with the tools to improve their level of health and wellbeing do benefit from a more engaged and more productive workforce. The latest bit of research by Unum and ICM finds that employees who feel that they have good workplace wellbeing are 27 per cent more likely to stay with their employer for over five years than those employees who feel they have only adequate or poor provision. (more…)

May 9, 2014

Flexible working benefits are undermined by short sighted employers

by Pam Loch • Comment, Flexible working, Legal news, Workplace

There has been a growing perception that flexible working practices are now commonplace in the workplace. However a recent report from Working Families, a charity set up to help working parents and carers find a balance between their responsibilities at work and at home, suggests this is a myth. Their report reflects growing concerns based on experiences and queries from their helpline that employers are in fact, becoming more rigid. The report suggests that working parents are coming under increasing pressure to give up their flexible working arrangements. It highlights “a growing number of callers to the helpline reporting the family-friendly working pattern they have had in place for years being changed or withdrawn virtually overnight, with no opportunity for them to express their views”. Ironically, despite the Government’s championing of flexible working it seems the imposition of employment tribunal claim fees could be behind the backlash. (more…)