Search Results for: consequences

Recruitment rates rise, but employers should be careful who they hire

Recruitment rates rise, but employers should be careful who they hire

There is mixed news on the recruitment front, with the latest Recruitment and Employment Confederation (REC) and KPMG report on jobs hinting a positive turn, with permanent placements accelerating, the rate of demand for permanent staff remaining solid and average starting salaries continuing to rise. However, according to a new global report, employers are urged to be cautious about who they hire, because more than half of employers in each of the ten largest world economies say that a bad hire has negatively impacted their business, pointing to a significant loss in revenue or productivity or challenges with employee morale and client relations.

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Employers want default retirement age back finds survey

DRA

Nearly half (47 per cent) of employers surveyed by global law firm Eversheds would like the Default Retirement Age (DRA) reinstated. Two years ago, on 6 April 2011, the Government changed the law to start phasing out the DRA. While the overwhelming majority (97 per cent) say their organisation no longer operates a mandatory retirement age, many report that the change in the law has had negative effects for their organisation: two-thirds cited difficulties in succession planning whilst just under half reported that opportunities were being blocked for younger workers. More →

U.S. employers plan penalties to boost wellness participation

U.S. wellness

Following on from the revelation that wellness programmes are only as good as the willingness of staff to participate, comes a study from the U.S. which highlights the role incentives can play in employers’ efforts to improve workforce health and performance. Aon Hewitt’s survey of nearly 800 large and mid-size U.S. employers representing more than 7 million U.S. employees found that 83 per cent now offer employees incentives for participating in programmes, while 58 per cent plan to impose consequences on participants who do not take appropriate actions for improving their health.

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Only half of businesses vet suppliers for Bribery Act compliance

Image credit: <a href='https://www.123rf.com/photo_18126426_close-up-of-businessman-with-handcuffed-hands-over-white-background.html'>wavebreakmediamicro / 123RF Stock Photo</a>

Under half of British firms are failing to vet suppliers for compliance with the Bribery Act, and only 6 per cent would re-tender if they discovered their suppliers didn’t comply. A poll of procurement managers and directors by Ernst & Young found that only 48 per cent of firms carry out third- party due diligence. The study found that even though 60 per cent of firms with a turnover of £5m to £50m vet suppliers to assess if their practices comply with the Bribery Act, 16 per cent of midmarket firms would ‘do nothing’ if their suppliers failed to comply. The research also revealed that only 40 per cent of firms with a turnover of more than £50 million would remove suppliers from their supply chain if they fail to comply.

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Yahoo case doesn’t tell the whole story of teleworking

Yahoo! Sunnyvale headquarters.  October 28, 2001 (Y! Photo / Brian McGuiness)Yahoo! made headlines across the US and the rest of the world this week by announcing they are terminating the company’s telework program.  Does this signal, broadly, the pending demise of telework?  Here’s my take: this story is actually deeper than just about telework. Yahoo! has been wandering around aimlessly for a number of years, and it would appear that this particular measure is intended as some overdue shock therapy to jump-start a much needed culture shift and focus on what the company needs to survive in a world of rapid innovation and “big bang disruption” (see March 2013 HBR article by Larry Downes and Paul F. Nunes).

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Updated: nearly all London boroughs seek exemption from office conversion plan

City-of-London

Earlier, we reported that London’s Mayor Boris Johnson openly believes that London’s key business districts should be exempt from proposals to allow offices to be turned into homes without planning permission. Now a report emerges from CBRE that all but a handful of London’s boroughs are to seek to make themselves exempt from the rules.  According to the research, only Barking and Dagenham, Greenwich, Croydon and Kingston are unlikely to seek an exemption. Four other boroughs are discussing plans with the Greater London Authority (GLA) and the remaining 25 are set to apply to make themselves exempt.

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Mixed response to Government office conversion plans

As predicted earlier this week, the government has confirmed new measures that will allow office space to be converted into homes without the need for planning permission. Further reforms are also intended to help boost rural communities and create jobs by allowing agricultural buildings to be converted for other business use, such as shops, offices, restaurants or leisure facilities without the need for planning permission. But the scheme has met with a decidedly mixed response from organisations as diverse as the Royal Institute of British Architects (RIBA) and local authority chiefs.  More →

Europe’s commercial property investors opt for safe cities

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors favour safe havens according to a new report – Emerging Trends in Real Estate Europe 2013. Munich tops the league table followed closely by Berlin in second place and Hamburg in fifth position, with investors taking comfort from each of the cities’ strong local micro-economic climate and resilient property market conditions. London, which is seen by many as Europe’s safest investment, is the largest riser in this year’s report taking third position.  More →

Cloud computing set to transform business models

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As an issue explored in our own briefing on the technologies that will do most to transform the workplace during 2013, we know the Cloud is set to be adopted (and understood) by more and more organisations and individuals in the coming year. Doubtless it will follow the usual process of technological adoption as people begin to understand its unintended consequences as well as its uses but it pays to know what some of its implications will be for office designers and managers as shown by this programme from Deloitte.