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The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

by • Environment, News, Property, Workplace

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. (more…)

Despite rise of hybrid working, people spend majority of time on pointless work and meetings

Despite rise of hybrid working, people spend majority of time on pointless work and meetings

by • Flexible working, News, Workplace

Businesses and workers are still grappling with barriers to productivity despite the advent of more widespread flexible and hybrid working, claims a new reportBusinesses and workers are still grappling with barriers to productivity despite the advent of more widespread flexible and hybrid working, claims a new report from Asana. According to the fourth Anatomy of Work Global Index, “work about work” – time spent on work coordination rather than the skilled, strategic jobs they want to do – remains how workers spend the bulk of their day. Conducted by GlobalWebIndex (GWI) on behalf of Asana, the 2023 Anatomy of Work Global Index surveyed the behaviours and attitudes of more than 9,615 knowledge workers across the United States, U.K., Australia, France, Germany, and Japan to understand the impact of cross-functional collaboration. (more…)

Artificial intelligence could mean we all do more work, not less

Artificial intelligence could mean we all do more work, not less

by • Comment, Technology

There’s a common perception that artificial intelligence (AI) will help streamline our work but is that really true?There’s a common perception that artificial intelligence will help streamline our work. There are even fears that it could wipe out the need for some jobs altogether. But in a study of science laboratories I carried out with three colleagues at the University of Manchester, the introduction of automated processes that aim to simplify work — and free people’s time — can also make that work more complex, generating new tasks that many workers might perceive as mundane. (more…)

Pipeline of women managers has stalled in wake of pandemic

Pipeline of women managers has stalled in wake of pandemic

by • News, Workplace

The leadership pipeline for women has hollowed out in the middle, according to a new study “Women in leadership: Why perception outpaces the pipeline—and what to do about it” from IBM Institute for Business Value (IBV) and Chief. The study of 2,500 organisations in 12 countries and 10 industries found a small increase in the number of women at the C-suite and Board level (now 12 percent for both), and an increase to 40 percent representation of women in junior professional/specialist roles (37 percent in 2021). However, the pipeline for top leadership positions still hasn’t recovered to pre-pandemic levels – 14 percent representation of women in senior vice president roles (18 percent in 2019) and 16 percent in vice president roles (19 percent in 2019). (more…)

Nearly all senior managers say stress is a characteristic of their job

Nearly all senior managers say stress is a characteristic of their job

by • News, Wellbeing

The cost-of-living crisis is the top cause of stress at work for people working in leadership and senior management rolesThe cost-of-living crisis is the top cause of stress at work for people working in leadership and senior management roles, according to the findings of a new survey by HR software provider Ciphr. Around 98 percent of the 265 leaders and senior managers polled found at least one aspect of their work stressful, while two-fifths (83 percent) are affected by three or more work-related stressors (the average, per person, is eight). Yet, despite the obvious stress their work causes them, just 4 percent claim not to like their jobs. (more…)

Four day week pilot results are very encouraging indeed, say researchers

Four day week pilot results are very encouraging indeed, say researchers

by • Flexible working, News, Wellbeing

Businesses that adopted a four day week as part of a pilot programme say they are more profitable and their staff are fitter, happier and more productiveBusinesses that adopted a four day working week as part of a pilot programme say they are more profitable and their staff are fitter, happier and more productive, researchers have told MPs. A large majority of companies that took part in the pilot now plan to carry on. The programme, led in the UK by non-profit 4 Day Week Global, the UK’s 4 Day Week Campaign and think-tank Autonomy,  involved around 3,000 workers through a six-month trial of a four day week, with no loss of pay. This brings the global campaign’s total number of completed pilot participants to 91 companies and approximately 3,500 employees. (more…)

Employers brace for ‘talent exodus’ as people seek better pay

Employers brace for ‘talent exodus’ as people seek better pay

by • News, Workplace

56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reasonOver half (58 percent) of employers in the UK believe that they will lose staff in the next six months as they seek to earn more by moving jobs, according to a new poll. According to the survey by talent services company, Morgan McKinley for its 2023 Salary Guide, 56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reason, followed by ‘better career growth and development opportunities’ (17 percent). (more…)

UK businesses are out of touch with the real sources of employee stress

UK businesses are out of touch with the real sources of employee stress

by • Comment, Wellbeing

96 percent of firms do not believe that employee salaries are a major stress factor for staff during the cost-of-living crisisThe cost-of-living crisis is driving a wedge between employers and their staff. In a recent research report, we surveyed 500 employers to discover what they believe causes their staff the most stress. Surprisingly, an overwhelming 96 percent did not believe that employee salaries are a major stress factor for staff during the cost-of-living crisis. Instead, they felt major contributors included heavy workloads, long hours, and tight deadlines. (more…)

Poor air quality affects chess players, and it might be affecting you too

Poor air quality affects chess players, and it might be affecting you too

by • Features, Wellbeing

Air pollution poses such a threat to strategic thinking under pressure that chess players often monitor the air quality of their surroundings.Humans are exposed to poor air quality and pollution almost everywhere. The World Health Organization estimate that 99 percent of the world’s population breathe in polluted air each day. Chess players competing indoors are no exception – and it can affect their performance. A recent study conducted by researchers from Maastricht University (Netherlands) and the Massachusetts Institute of Technology (USA) analysed the quality of chess moves across multiple German chess tournaments. They found that chess experts perform worse when there is more particulate matter (PM2.5) in the air. (more…)

Sector leaders implore EU to be ambitious when setting carbon targets for buildings

Sector leaders implore EU to be ambitious when setting carbon targets for buildings

by • Environment, News

With a crucial vote fast approaching on the EU’s key piece of building legislation, a coalition representing 35 organisations is calling on politicians to seize a once-in-a-generation opportunity to eliminate carbon emissions from Europe’s building stockWith a crucial vote fast approaching on the EU’s key piece of building legislation, a coalition representing 35 organisations is calling on politicians to seize a once-in-a-generation opportunity to eliminate carbon emissions from Europe’s building stock. Europe’s buildings account for around 40 percent of energy consumption and 36 percent of CO2 emissions. Currently, EU policy only addresses the operational emissions of buildings but to support total decarbonisation of the EU building stock, policy must evolve to cover both operational and embodied emissions, known as Whole Life Carbon. Without addressing both sources of emissions it is inconceivable that the EU will be able to achieve its climate targets. (more…)

Evening Standard SME XPO celebrates new, small and growing businesses

Evening Standard SME XPO celebrates new, small and growing businesses

by • Company news, Events

Building on the success of its launch event, the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs and business leaders to attend an action-filled two-day programme and exhibition connecting the scaleup community, a vital part of the UK economy. SME XPO has established itself as the UK’s leading event dedicated entirely to ambitious SME founders and decision-makers who are looking to scaleup. The event will appeal to a wide variety of industries from micro businesses to medium and large SMEs, welcoming 4000+ owners, showcasing over 60+ speakers. (more…)

Debrett’s unveils etiquette guide for hybrid working

Debrett’s unveils etiquette guide for hybrid working

by • Flexible working, News

Debrett’s, the well-known authority on manners and etiquette, has created a guide to hybrid working etiquetteDebrett’s, the well-known authority on manners and etiquette, has created a guide to hybrid working etiquette, sponsored by Poly. The guide claims to offer updated advice for the hybrid work era at a time when -it says here – etiquette at work has never been more important. (more…)

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