February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. More →

February 11, 2022

Wellbeing strategies often fail to align with business objectives

by Neil Franklin • News, Wellbeing, Workplace

Employers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. More →

February 10, 2022

ESG concerns mean half of younger workers considering career change

by Neil Franklin • News, Workplace

Companies across the UK risk losing out on top talent if they fail to take account of younger workers’ greater ethical awareness, with the majority willing to sacrifice earnings for their values. New research by Robert Half claims that nearly two in five (38 percent) employees would look for a new role if they thought their organisation was not doing enough on ESG (environmental, social and governance) issues, such as reducing carbon emissions or operating ethically. More →

February 3, 2022

Working from home fuels concerns for energy consumption

by Sara Bean • Environment, Features, Flexible working

Back in February 2020, consulting firm WSP UK published some interesting research that revealed those working from home during the summer saved around 400kg of carbon emissions, the equivalent of 5 percent of a typical British commuter’s annual carbon footprint. The catch was that it was just a seasonal benefit. If an average employee worked at home all year round, they would produce 2.5 tonnes of carbon per year – around 80 percent more than an office worker. This is because, during the winter, most heating systems in Britain heat the whole house, which produces far more carbon emissions than would be produced from the commute. More →

February 3, 2022

Workplace culture needs a rethink in line with employees’ changing priorities

by Jayne Smith • Flexible working, News, Workplace

Considerable job insecurity and uncertainty has pushed companies to rethink their workplace culture to meet employees’ new needs, priorities, and expectations, according to the annual Fjord Trends report from Accenture. According to the report, nearly two years of social, economic and employment disruption has resulted in a collective shift in people’s relationships with work and employees are re-assessing what they want and expect from a company culture and employee value proposition. This means enhancing workplace flexibility, benefits packages, and greater employee care and compassion will continue to be notable trends in 2022, creating both challenges and opportunities for businesses looking to retain and recruit talent. More →

February 2, 2022

Business ethics boosted by pandemic

by Neil Franklin • Business, News

Entering the third year of a pandemic, more professionals responsible for business ethics and compliance worldwide say that their ethical culture is more potent as a result of the COVID-19 pandemic, according to the latest annual Ethics and Compliance Program Effectiveness Report from LRN. But, while values and ethics helped sustain companies during the pandemic, new areas of concern have emerged. And, there is a significant gap between companies with high-impact ethics and compliance (E&C) programs and those with low-impact ones. The top-ranked programs were proactive, utilised available resources, and made their programs more accessible to employees. High performing organisations also scored 27 percentage points higher than low-performing ones when it came to weathering COVID. More →

February 1, 2022

Indoor air quality and hygiene of greater concern to older workers

by Jayne Smith • News, Wellbeing

Older workers are much more concerned than their younger colleagues about the health risks of returning to office based working, a survey claims. The study commissioned by manufacturing firm Airdri, suggests that just 16 percent of under 24s are worried about indoor air quality and picking up germs from colleagues/communal areas on returning to work. In comparison, 43 percent of over 25s, around a third of 35–44-year-olds (34 percent), 35 percent of 45–54-year-olds, and 41 percent of over 55s agreed, showing a big disparity in the opinions of the younger age groups. More →

January 31, 2022

The great workplace conversation (still) needs to be held with a great deal more humility

by Mark Eltringham • Comment, Flexible working, Technology, Workplace design

“Nobody knows anything”. William Goldman’s infamous summing up of the essential unknowability of the movie business also has a less quoted second part. “Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess and, if you’re lucky, an educated one.” It is a call for humility. That no matter how much we know about what we do and how good we are at it, we can’t always predict its outcomes. And that is clearly the case with the ongoing Great Workplace Conversation. More →

January 27, 2022

Firms that invest in sustainability are more resilient, research claims

by Jayne Smith • Business, News

Investing in sustainability increases the resilience of small and medium-sized enterprises (SMEs) because they become more creditworthy, according to new research conducted by Vlerick Business School and commissioned by ABN AMRO. Although large companies are under scrutiny from regulators, consumers and the media to become more sustainable, the sustainability transition is unachievable without the involvement of SMEs. Especially since SMEs constitute more than 60 percent of the value-adding economic fabric in Europe. More →

January 27, 2022

Tech leaders are dedicating more time to innovation than ever

by Neil Franklin • News, Technology

Chief Information Officers are spending more time on innovation than they ever have, with three quarters stating they have increased innovation efforts, according to the 2021 Global CIO Survey (registration) from Logicalis. The study, which questioned 1,000 CIOs from around the world, claims that despite a strong focus on innovation, just 27 percent of CIOs describe it as an essential part of their company culture. More →

January 26, 2022

Hybrid working is now the dominant business model for knowledge workers

by Jayne Smith • Flexible working, News, Technology, Workplace design

Future Forum, a consortium launched by Slack with founding partners Boston Consulting Group, MillerKnoll and MLT has released the latest findings from its Pulse study, which shows that hybrid working has become the dominant work model for knowledge workers around the world. The report claims that the percentage of people working in hybrid arrangements has increased to 58 percent (from 46 percent in May 2021), as the share of workers who say their teams work exclusively either from home or from the office has declined sharply. More →

January 25, 2022

Third of people crave a return to the office for their mental health

by Neil Franklin • Facilities management, Flexible working, News, Property, Wellbeing

A new study from smart building platform Infogrid claims that nearly a third of working Brits (32 percent) want to return to their offices in January because they feel it would improve their mental health, which has been impacted due to the COVID-19 pandemic. The top reasons UK employees cite for wanting to return to the office include working in a positive social environment (35 percent), having a reason to leave the house (26 percent), not having to worry about being cold at home (25 percent), and the daily commute providing time to transition between home and work life (23 percent). More →