Search Results for: initiatives

December 5, 2017

How do you really go about creating a great place to work?

by Jo Sutherland • Comment, Wellbeing, Workplace design

The topic of workplace wellbeing is becoming increasingly prevalent. And for good reason. In the UK, 45 million working days are lost due to stress, anxiety and depression and the Chartered Institute of Personnel and Development (CIPD) Absence Management survey reveals that over two fifths of organisations have seen an increase in reported mental health problems over the last year. What’s more, a recent government report found that up to 300,000 people leave their jobs each year due to mental health-related issues. Last month, Symposium hosted the “Workplace Wellness & Stress Forum 2017”, back for its twelfth year, to help employers step up and tackle the greatest inhibitor of growth, innovation and creativity – stress. Medical professionals have their definition of “stress”, health and safety execs have theirs, and the academic community promulgate another. Forum host Neil Shah, chief de-stressing officer of The Stress Management Society, offered a definition that resonated with the entire audience: “where demand placed on an individual exceeds their resources”.

December 1, 2017

New Government plan to address employment barriers for disabled people

by Sara Bean • Legal news, News, Wellbeing, Workplace

The Government has announced a new 10-year strategy to address employment prospects for disabled people and people with health conditions. In response to its Work, Health & Disability Green Paper consultation which closed earlier this year, the White Paper, Improving Lives: the Future of Work, Health and Disability sets out how the Government will work with employers, charities, healthcare providers and local authorities to break down employment barriers for disabled people and people with health conditions over the next decade. This will be delivered through in-work programmes, personalised financial and employment support, and specialist healthcare services. Currently, ill health that keeps people out of work costs the economy an estimated £100 billion a year, including £7 billion in costs to the NHS. Two new employment trials will also be launched in the West Midlands and Sheffield City Region combined authorities to provide employment support. The Government is also investing around £39 million to more than double the number of Employment Advisors in Improving Access to Psychological Therapies services.

November 23, 2017

The workplace sector responds to the 2017 UK Autumn Budget

by Mark Eltringham • Architecture, Environment, Features, Property, Technology

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit inevitably cast its shadow over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, many of which have been broadly welcomed by commentators, industry bodies and experts. Among the announcements in the budget were new plans for infrastructure and planning, skills and training, the environment, productivity, AI and regional development.

November 15, 2017

Overwhelming majority of employees see link between wellbeing and performance

by Neil Franklin • News, Wellbeing

According to its 2017 Health Survey (registration required), Aon Employee Benefits claims that 96 percent of employers see a direct correlation between employee health, wellbeing and performance. The survey of 200 UK organisations also suggests that health and wellbeing is rising up the corporate agenda, with 96 percent of employers either agreeing or strongly agreeing that they are responsible for improving employee health behaviours. Indeed, 77 percent are looking to improve on their existing health and wellbeing programmes in the next 12 months. In addition, although employee physical health is important to employers, they are also looking to strike a balance between what are becoming the four widely accepted core pillars of health and wellbeing – Emotional, Physical, Social and Financial.

November 13, 2017

New evidence low productivity is having a significant bearing on pay growth

by Sara Bean • News, Public Sector, Workplace

Most private sector workers are still not pushing for pay rises, despite falling real wages and low unemployment, according to the latest quarterly CIPD/The Adecco Group Labour Market Outlook survey. Only a quarter (24 percent) of employers in the private sector say they are under some or significant pressure to raise wages from the majority of their workforce, while almost four in ten private sector firms (38 percent) say they face no pressure at all to raise wages. The most common reason given by private sector employers (23 percent) for the lack of pressure to raise wages is a recognition among workers that the business cannot afford more generous pay increases, underlining the productivity challenge many firms face. The survey of more than 2,000 UK employers shows a slightly higher proportion of private sector employers (36 percent) cite either some or significant pay pressure to raise wages for certain roles, particularly among high and middle-skilled jobs.

November 10, 2017

Cities in developed world are less confident in their digital ecosystems

by Mark Eltringham • Cities, News, Technology

According to a new study from The Economist Intelligence Unit (EIU), business leaders in 45 cities around the world are relatively confident that they can find the support they need for their digital transformation efforts. Many city environments come up short, however, particularly in the supply of digital talent. The study claims that firms in Bangalore, San Francisco and Mumbai display the greatest degree of confidence while executives in developed world cities are some of the least confident, including those in Berlin, Tokyo and Yokohama. The study also claims that half of businesses (48 percent) have considered relocating operations to a city with a more favourable environment.

November 10, 2017

Best practice in flexible working and gender diversity honoured at awards presentation

by Neil Franklin • Flexible working, News

Workingmums.co.uk has announced the winners of its eighth annual Top Employer Awards, celebrating the leading companies in gender diversity and flexible working. The Awards were presented at a ceremony at London’s Soho Hotel on 7th November where the keynote speaker was Ann Francke, CEO of the Chartered Management Institute. Winner of the Overall Top Employer Award was Lloyds Banking Group. The judges felt it was ‘a beacon for other employers with regard to its agile hiring programme which was a root and branch attempt to normalise different ways of working from recruitment onwards. It was a strong performer across all the categories and had made a major step forward in embedding a flexible culture.’

November 2, 2017

Rise in gender and ethnic diversity to boards in finance sector, despite ‘closed shop’

by Sara Bean • Legal news, News, Workplace

Banking and finance companies within the FTSE 100 have increased gender and ethnic diversity at board level, but there remains a question over whether minorities can break through the glass ceiling, as many of the top roles in banking and finance companies (Chair, CEO & CFO) remain a closed shop for ethnic minority and female leaders. This is according to a new study from Green Park which claims the leadership pipeline, supplying the highest tier of management in FTSE 100 banking and finance companies, now features the highest level of ethnic minority talent in four years, including 15 percent of professionals with a non-white background compared with 5 percent of leadership pipelines for FTSE 100 companies overall and 6.5 percent in 2014. The banking and finance sector has also met the target set by Lord Davies that 25 percent of board members should be female. However, this has been updated by the Hampton-Alexander Review to a target of 33 percent by 2020, which suggests that banking and finance companies will still need to do more to increase the proportion of female leaders in their leadership pipelines.

October 16, 2017

Third of employees complain employers do not offer any wellbeing programmes

by Sara Bean • News, Wellbeing, Workplace

Over half of employees would choose a company that cared about their wellbeing, over one that pays 10 percent more, a new survey claims. According to the research by Reward Gateway, over 22 million British workers, or seven in 10 employees (71 percent), have felt stress or financial strain in the last five years, however, a third of workers said their company currently offered no programmes and just 29 percent of respondents said that their company currently offers a physical programme. The findings also suggest a disparity of opinion between employee and employer. While over half (51 percent) of employers agree that their company shows they care about employees mental, physical and financial wellbeing, only 14 percent of employees say that their company couldn’t do more to show they care. But employers too would benefit from taking a more proactive approach to wellbeing, as more than half (52 percent) of UK employees agree that they would choose a company that cared about their wellbeing over one that pays more.

October 11, 2017

UK improves opportunities for young workers, but faces longer term challenges from automation

by Mark Eltringham • News, Workplace

The UK could boost GDP by £43 billion if it reduces the number of young people not in education, employment or training (NEET) to match Germany, the best performing EU country. This is equivalent to a GDP increase of around £7,500 per 18-24 year old, according to estimates in PwC’s latest Young Workers Index. This year, the UK reached its highest position since the Index began in 2006, climbing to 18th out of 35 OECD countries from 20th last year. The UK’s improvement reflects lower youth unemployment and NEET rates as the economic recovery from the financial crisis has continued, but it still lags behind many other OECD countries, with Switzerland, Iceland and Germany leading the pack.

October 5, 2017

Flexible working take up amongst both genders is undermined by negative employer attitudes

by Sara Bean • Flexible working, Legal news, News, Workplace

The majority (83 percent) of workers view flexible working as an important benefit to them but two thirds (66 percent) believe that taking up flexible working halts progression at work. One of the reasons for this dichotomy suggests the results of the Hays UK Gender Diversity Report 2017, is because nearly a third (32 percent) of employees believe men will be viewed as less committed to their career if they take up shared parental leave, and women are less likely to be promoted after having children. While a majority (84 percent) of workers say it’s important that flexible working options are available to them in their workplace, many choose not to take any, and two-thirds think doing so will have a negative impact on their career. Women perceive it will have a negative impact, with over three-quarters (76 percent) reporting this concern and 65 percent of men. Interestingly, both men and women think flexible working options have helped improve the gender balance in senior roles, with 61 percent saying flexible working has improved the representation of women in senior positions, indicating that employers need to address and overturn the negative perception of flexible working and communicate its benefits.

September 14, 2017

Millions of older workers fear poor health will shorten their working lives

by Mark Eltringham • News, Wellbeing, Workplace

Even though the age of the working population in the UM continues to rise, more than half of over fifties people have concerns around work and its impact on their health as they age, with women (61 percent) particularly worried about this. According to the study from Aviva, 13 percent intend never to stop work completely although only 14 percent of older workers say their workplace culture is positive towards them. According to Aviva’s latest Real Retirement study, 55 percent admit to fearing that work will become detrimental to their health or they might not be well enough to keep working, including 13 percent who say this is already an issue for them. Fewer than one in five (17 percent) over-50s workers say they have access to wellbeing advice and initiatives in the workplace which could help prevent health issues from impacting their careers.