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Female graduates have lower salary expectations than male counterparts

Female graduates have lower salary expectations than male counterparts

by • News, Wellbeing, Workplace

Female graduates have lower salary expectations than men

Impostor syndrome is holding female graduates back from earning as much as their male counterparts as new research from Milkround claims that women have lower salary expectations than men, with one third thinking they’ll earn under £20k. Despite a third of graduate’s belief that confidence is the top skill they need to excel in their career, a lack of confidence is holding back more women (41 percent) than men (28 percent). One in three (33 percent) women are worried about low pay and think they’ll earn under £20k in an entry level role, compared to less than a quarter (22 percent) of their male counterparts. (more…)

Menopause is one of the last great workplace taboos

Menopause is one of the last great workplace taboos

by • Comment, Wellbeing

Today is World Menopause Day, yet the number of companies that incorporate the menopause into their wellbeing programme is disturbingly low. There are a multitude of reasons why this is the case, but put simply I believe there are three key reasons – it isn’t glamorous, they don’t have the knowledge and experience to deal with it, and because socially it has remained a taboo that we have been reluctant to talk about, even amongst women.

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The self-employed live day to day but remain worried about plans for the future, claims study

The self-employed live day to day but remain worried about plans for the future, claims study

by • News

Self-employed workers are mostly financially secure and happy in the present, but concerned about the future, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and Sherpa has found. The report, ‘The Path to Prosperity, claims that although almost three quarters (72 percent) of freelancers are currently enjoying life because of how they are managing their money, 77 per cent are concerned the money they have – or are going to save – will not last. It also found that over half (51 percent) of the self-employed have felt anxious or stressed about their financial situation. This is exacerbated by the lack of tailored money management advice and flexible savings products available for the self-employed.

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Developing a resilient mindset to cope with stress

Developing a resilient mindset to cope with stress

by • Comment, Wellbeing

Earlier this year, The New York times reported on a company in New Zealand that reduced its employee’s work time to four days a week whilst paying them for five. The idea came to the CEO after he read research that showed that employees generally only spend three hours a day on actual productive work. The change was highly successful, employees were as productive over the four days as they were over the five but the wellbeing of employees improved dramatically.

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CIPD and Mind launch guidance for managers to support mental health at work

CIPD and Mind launch guidance for managers to support mental health at work

by • News, Wellbeing

The CIPD, the professional body for HR and people development, and Mind, the mental health charity, have today jointly published a revised mental health guide for managers to improve support for those experiencing stress and mental health issues at work.   The updated guidance follows recent CIPD research which found that less than one in three organisations (32 percent) train line managers to support staff with poor mental health.

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Generations divide on the role of Artificial Intelligence in the workplace

Generations divide on the role of Artificial Intelligence in the workplace

by • AI, News, Technology, Workplace

Clear generational divide exists on the role of AI in the workplace

We try to avoid generalisations when describing the multi-generational workforce, but there’s no denying that younger workers who’ve grown up with digital communications appear less comfortable communicating face to face or on the phone. This is why it comes as no surprise to find that new research by ABBYY claims millennials would prefer to use Artificial Intelligence (AI) to avoid speaking to colleagues and customers. While one in 10 millennials would hand over speaking to customers to robot colleagues, older generations are less keen, with only 4 percent of over-55s feeling the same.  (more…)

Half of workers have experienced poor mental health in their current job

Half of workers have experienced poor mental health in their current job

by • News, Wellbeing

A new and major study into workplace wellbeing by the the charity Mind claims that poor mental health at work is widespread, with half (48 per cent) of all people surveyed saying they have experienced a mental health problem in their current job. The survey of more than 44,000 employees also revealed that only half of those who had experienced poor mental health had talked to their employer about it, suggesting that as many as one in four UK workers is struggling in silence. These findings are revealed as a new online Mental Health at Work ‘gateway’ is launched today by HRH the Duke of Cambridge. Mind, with support from The Royal Foundation, Heads Together and 11 other organisations, has created the UK-wide portal as a free resource for both employers and employees.

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Flexible hours and opportunities for growth help reduce graduate job-hopping

Flexible hours and opportunities for growth help reduce graduate job-hopping

by • Flexible working, News, Workplace

Flexible hours and opportunities for growth help reduce graduate job-hoppingThe latest generation of workplace recruits, the so-called Gen Z graduates, are more likely to stay in their first role if flexible working and mentoring is on offer, new research claims. According to graduate jobs board Milkround, while over half (55 percent) of new graduates’ plan to stay in their first role for less than two years, 76 percent can be encouraged to stay longer with training/mentorship and 63 percent with flexible hours. They are also ambitious and have high expectations, with 65 percent believing they will work in their dream industry. This impacts what is expected of employers and could hold the key to encouraging this new generation to stay in roles longer. This change in expectations begins before they start their new role – 68 percent of graduates are calling for more detailed job descriptions and 57 percent would like to have an open line of communication with their line manager from the moment they accept a job.

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Major tech companies continue to acquire new London offices, despite Brexit concerns

Major tech companies continue to acquire new London offices, despite Brexit concerns

by • Cities, Facilities management, News, Property

Major tech firms continue to acquire large London offices, despite Brexit concernsThe repercussions of a no-deal Brexit are being hotly debated but there are some indications that it’s yet to impact the Capital’s commercial property sector. A number of leading tech and creative companies have continued to acquire large volumes of office space across London. According to figures from CBRE, take-up of Central London office space stood at 1.2m sq ft in July 2018, above the 10-year monthly average of 1.0m sq ft. The increase in July was largely down to two Facebook deals at 11/21 Canal Reach, N1 and Building P2 Handyside Street, N1, where in total 600,600 sq ft of office space has been filled. The creative industries sector led July take-up at 679,400 sq ft, representing 61 percent of the space taken; with the business services sector acquiring 17 percent of space, with 133,200 sq ft going to flexible office providers. In the past 12-months, business services has been the principal sector, accounting for 31 percent of take-up ahead of the creative industries (25 percent) and banking and finance sector (16 percent).

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Why early intervention matters for workplace mental health

Why early intervention matters for workplace mental health

by • Comment, Wellbeing, Workplace

Last year alone, poor mental health was the primary cause of long-term absence for 22 percent of organisations, with employees feeling too stressed or anxious to face going in to work. This was up from 13 percent in 2016. However, 45 percent of those who take time off for mental health reasons give their employers another excuse for their absence. Symptoms of mental health can build up when not properly recognised or assessed, but they’re hard to combat when so many employees don’t feel confident enough to open-up about how they’re feeling.

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UK labour and skills shortages set to increase as number of EU nationals fall

UK labour and skills shortages set to increase as number of EU nationals fall

by • News, Workplace

Labour and skills shortages in UK set to increase as number of EU applicants fall

A noticeable fall in the flow of EU nationals into the UK has coincided with a drop in the quantity and suitability of job applicants being reported by employers, the latest quarterly Labour Market Outlook from the CIPD and the Adecco Group has revealed. The data suggests that while the short-term outlook for employment remains strong, labour and skills shortages are finally starting to bite, with evidence that the number of applicants per vacancy has dropped across all roles (low, medium and high-skill) since summer 2017. This strong demand for labour is finally increasing recruitment pressures for employers, exacerbated by a ‘supply shock’ of far fewer EU nationals coming into the UK. According to the latest official data, the number of EU-born workers in the UK increased by just 7,000 between Q1 2017 and Q1 2018, compared with an increase of 148,000 from Q1 2016 to Q1 2017. This represents a fall of 95 percent and has fed into a tightening of the labour market. The report also found that while wage growth for the wider workforce is set to remain at around 2 percent for the foreseeable future, new starters and key staff may be more likely to be getting a salary increase.

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RICS and IFMA launch Procurement of Facilities Management statement to address “race to the bottom”

RICS and IFMA launch Procurement of Facilities Management statement to address “race to the bottom”

by • Facilities management, News, Property

The Royal Institute of Chartered Surveyors (RICS) has today launched its first professional statement to ‘reduce risk, increase transparency and further trust’ in procurement in facilities management. The RICS Procurement of facility management, RICS professional statement, UK 1st edition, was worked on in collaboration with IMFA, and also the Chartered Institute of Purchasing and Supply (CIPS). RICS says it will be looking to make this a global professional statement in due course. All RICS regulated professionals (mandatory from the 1 October 2018) will be expected to follow this guidance, but according to RICS, adoption of the framework would be competitively beneficial for all property professionals involved in the procurement of FM services, including those acting for landlords and occupiers, FM suppliers procuring services from sub-contractors and investors and public and private occupier organisations.

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