January 7, 2021
The greater stress companies put on financial incentives and financial performance in bonus systems for CEOs, the more negative the impact is on the firm’s financial performance, claims new research from Vlerick Business School. These findings come from a research study into the top 600 European firms and their CEOs remuneration. (more…)
January 4, 2021
The way in which we work has changed in a way no one would have ever predicted as a result of last year’s pandemic. Consequently, many businesses have chosen to adopt to an agile working practise. This coupled with the rapid evolution of the hybrid workplace has allowed more employees than ever the flexibility to work from home, many people however still crave that interaction with colleagues, and the ‘corridor conversations’ that cannot be replicated via Zoom and can only happen with workplace collaboration. (more…)
December 29, 2020
New research from IPSE, the Association of Independent Professionals and the Self-Employed, claims that the number of solo self-employed people in the UK has fallen by 5 per cent compared to last year. The total number of solo self-employed (excluding those who have others working for them) has fallen from 4.6 million in 2019 to 4.4 million. Until now the sector had been growing continuously for 11 years – by a total of 40 per cent. (more…)
December 18, 2020
No-one could have predicted what 2020 would deliver. A pandemic, lockdown, moving the workplace into the home. We are in uncharted waters. The Oxford English Dictionary defines resilience as being able to withstand or recover quickly from difficult conditions. Resilience is an almost stoic quality, and a pandemic a time of crisis. It almost feels like they are a match made in heaven. But how does this affect organisations? What can be done? Is it really that important to build employees’ resilience? (more…)
December 18, 2020
Data from thousands of employees across the country has been aggregated in a new report, detailing the mental wellbeing of the workforce over the course of the year. The research from 87 percent, a digital platform that provides mental health assessment and support to businesses and their employees, shows how the workforce has struggled with the mental pressures of Covid-19. Since March, circumstances at work and pressures in our personal lives have badly affected our mental wellbeing. (more…)
December 18, 2020
A review of research in organisational and workplace psychology conducted by an international team of academics claims that working from home has been more disruptive for women than men. The review paper, entitled COVID-19 and the Workplace: Implications, Issues, and Insights for Future Research and Action and originally published in American Psychologist, features urgent insight from UCL School of Management Professor, Sunny Lee into the sex- and gender-related implications of changes in work practices that have taken place over the course of 2020. (more…)
December 16, 2020
BlackRock is one of the largest asset management companies on the planet. Each year, at the start of January, the CEO Larry Fink writes a letter addressed to the other CEOs of the world. In his New Year’s letter for 2020, Fink appealed in particular to his fellow CEOs’ sense of social responsibility. In particular, he focused in on the risks faced by the climate. “Climate risk is an investment risk,” and he called on all companies, both public and private, to create greater societal added value. “Society is looking increasingly to companies to solve social and economic problems,” he concludes, so asset managers should be encouraged to invest in companies with a ‘purpose’. (more…)
December 16, 2020
Only 46 percent of employers plan to hire a young person between the age of 16 and 24 in the next year despite new Government incentives to do so, a report from the CIPD suggests. Over 1,000 employers were surveyed for the CIPD’s COVID-19 and the youth labour market report which examines the likely impact of new incentives to boost provision of traineeships, apprenticeships, and six-month work placements through the Kickstart scheme – as outlined in the ‘Plan for Jobs’, which was presented to Parliament in July 2020. (more…)
December 16, 2020
The pandemic has shaken up business priorities and many predict that it will continue to have lasting influence on the future direction of organisations. It is predicted that innovation and more compassionate leadership will take centre stage, according to a new study by ‘Future Trends in Leadership & Management – shifting priorities’, from The Institute of Leadership & Management. (more…)
December 15, 2020
With the continuous impact of the pandemic on people’s mental health due to isolation, work uncertainty, and anxiety over health, the topic has been dominating the news, begging the question of how we can achieve accessible and cost-effective treatment for all and prevent the expected acceleration of mental health issues in the coming months. As we juggle a different type of work-life balance brought about by working from home and the added worry of how the pandemic is affecting us, there is no doubt that our daily lives have been disrupted. The statistics are alarming; 60 percent of adults reported their mental health had gotten worse during the COVID-19 lockdown, and 51 percent said their mental health has got worse during this period. (more…)
December 15, 2020
To say that 2020 has been a tough year is an understatement, and it appears that there has been an increase in the amount of alcohol being consumed whilst working from home since the pandemic began, according to Health and Safety software company Protecting.co.uk. (more…)
January 5, 2021
We shouldn’t become village idiots in our new ways of life
by Mark Eltringham • Cities, Comment, Flexible working, Technology