Search Results for: business

Executive pay should be linked to health and safety performance, claims industry body

Executive pay should be linked to health and safety performance, claims industry body 0

by • Facilities management, News, Workplace

Leaders would have and even greater incentive to improve health and safety if their performance was more transparent and executive pay and bonuses were linked to it, suggests the Institution of Occupational Safety and Health (IOSH). This is one of nine summary recommendations made by IOSH in its response to the UK Government’s Corporate Governance Reform Green Paper proposals, which follow public concern about serious failures, such as those at Sports Direct. IOSH agrees with the Prime Minister’s views, expressed in her foreword to the green paper published last November, where she said: “…big business must earn and keep the trust and confidence of their customers, employees and the wider public”. The suggestions IOSH makes contribute constructively to those aims.

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Managers waste three days a year in unnecessary and unproductive meetings

Managers waste three days a year in unnecessary and unproductive meetings 0

by • News

Badly prepared, unnecessary and over-running meetings are harming businesses while directors and managers waste almost three days on average a year in them, according to a survey from technology firm Perivan. Over a half (51 percent) of UK business managers say they have been to a meeting where documents were found to be missing or else incorrect or out-of-date papers were presented. Close to a third (31 percent) said they are aware of erroneous decisions having been made as a direct result. On average, respondents said they participate in three meetings each week, though a quarter stated more than five per week. Around 42 percent said they believe they are attending too many, while 47 percent pointed out that the number they are being asked to attend has increased in the last three years.

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Digital workplace is ineffective without workers’ technical empowerment

Digital workplace is ineffective without workers’ technical empowerment 0

by • Facilities management, News, Technology

Digital workplace is ineffective without adequate technical understanding

Shifting digital dynamics are reshaping the way organisations operate and are recasting the traditional route to business success, claims new research into the rise of the digital workplace. Ricoh’s new report into digital workplace trends produced in partnership with polling company Censuswide, argues that the latest technology strategies are rendered useless without proper commitment to skills training and the empowerment of those workers who will be making use of it. It advises that businesses need to work on improving the workforce’s digital dexterity by creating an office culture fit for sharing ideas and skills across social, video and digital platforms. The report identifies digital skills training as a key differentiator for employees seeking a new job. Over a third of UK office workers (37 per cent) say they would move jobs to a company which offered better digital skills in the workplace. Likewise a modest 18 per cent of respondents rated their skills as ‘excellent’ whilst 51 per cent said ‘good’ and 30 per cent considered themselves ‘average.’

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CIPD calls for more ethical approaches to pay and reward

CIPD calls for more ethical approaches to pay and reward 0

by • Legal news, News, Workplace

CIPD criticises 'fat cats' and calls for more ethical approaches to pay and rewardThe CIPD and the High Pay Centre have launched a formal partnership to advocate fairer and more ethical approaches to pay and reward. Together they are calling for a major re-think of corporate governance to improve CEO pay transparency and ensure boards recognise their broader responsibility towards the workforce when decisions on executive pay and business investment are made. In their joint response to the Government’s green paper on corporate governance, which seeks views on how to curb excessive CEO pay and boost employee voice at board level, the CIPD and High Pay Centre point out that if FTSE 100 CEO pay continues to increase at the same rate for the next 20 years as it has for the last two decades, the average ratio between a CEO and average pay would increase from about 129:1 to more than 400:1. The CIPD chief executive Peter Cheese argues in the report that current levels of executive pay undermine both trust and sustainability and making small adjustments to current system isn’t the right approach.

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Employees demand end to rigid structures and siloed working practises

Employees demand end to rigid structures and siloed working practises 0

by • Flexible working, News, Workplace

Employees demand less rigid structures and siloed working practisesEmployees would like more freedom and flexibility at work with over half believing that the structure and culture of their workplaces are holding them back from doing their job more effectively (55 percent and 53 percent respectively). That’s according to new research from ILM, which has launched a new report calling for workplaces across the UK to foster a more collaborative culture in order to boost business success. The research found that more than a third (34 percent) of UK employees felt they worked in a regulated and controlled structure. When asked how they’d like to change their company culture, the top answer was more freedom and flexibility (35 percent) followed by more innovation and creativity (32 percent). Three quarters (74 percent) of employees say they would like more freedom at work. Although employers tend to agree with the need for teams to have more freedom, with two in five (40 percent) saying they’d like a more flexible culture, more would prefer to champion innovation and creativity (46 percent), indicating a disconnect between the way that businesses and their people are keen to work.

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Employees prefer effective workplace technology to wacky office design

Employees prefer effective workplace technology to wacky office design 0

by • Facilities management, News, Technology, Workplace, Workplace design

Employees prefer effective workplace technology to wacky office designThe majority (79 percent) of workers say reliable and modern technology is more important to them than office aesthetics, while accessories such as ping pong tables, slides, hammocks and wacky office designs may look good in pictures, but they don’t necessarily make employees any happier or productive. The is according to a survey, conducted by storage firm Kiwi Movers, which found that 86 percent of UK adults who work in an office said fun features were of no specific value to their working life, 11 percent said they were nice-to-have and of some value and 3 percent said they were very valuable. The most popular office perks are those offer an immediate tangible benefit to the employee, but even so, as many as 23 percent don’t take advantage every day; while 71 percent overall said they’d like more space in their office and of those, 58 percent believe that could be achieved by removing non-essential items. The research also found that younger workers were more likely on average to take advantage of ‘environmental’ perks like chill out areas and recreational equipment.

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Germany most popular country for career relocation, despite lack of flexible working

Germany most popular country for career relocation, despite lack of flexible working 0

by • Flexible working, News, Wellbeing, Workplace

Nearly three quarters of European employees would consider career opportunities abroad, with Germany voted the most desirable place to work claims a new study of nearly 10,000 working adults across Europe. According to research by ADP which looked at how employees feel about the future of work, international competitiveness and talent management, European employees have a strong appetite for international work, as almost three quarters (74 percent) would consider other countries for career opportunities. At 21 percent, Germany tops the list of most popular places to relocate, with the United Kingdom (15 percent) and France (12 percent) in second and third place; with North America surprisingly coming in much further down the list in 12th place. Despite their popularity, Germany, the UK and France aren’t particularly strong in any of the areas measured in the survey, such as skills and development, flexible working options and stress in the workplace.

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Millennials now less likely to give up job security, but still want flexible work

Millennials now less likely to give up job security, but still want flexible work 0

by • Flexible working, News, Wellbeing, Workplace

Millennials less likely to leave security of their jobs, but still want flexible work

Millennials are less likely to leave the security of their jobs this year as the events of 2016; terror attacks in Europe, Brexit, and a contentious US presidential election appear to have rattled their confidence. This is according to Deloitte’s sixth annual Millennial Survey of nearly 8,000 millennials from 30 countries, which found that the “loyalty gap” between those who saw themselves leaving their companies within two years and those who anticipated staying beyond five years has moved from 17 percentage points last year to seven points. The desire for security is also apparent in the finding that, while millennials perceive across-the-board advantages of working as freelancers or consultants, nearly two-thirds said they prefer full-time employment. Those in highly flexible organizations appear to be much more loyal to their employers and are two-and-a-half times more likely to believe that flexible working practices have a positive impact on financial performance than those in more restrictive organizations. Three-quarters of those offered flexible working opportunities say they trust colleagues to respect it, and 78 percent feel trusted by their line managers.

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More people will have smartphones than running water or bank accounts by 2021, claims report

More people will have smartphones than running water or bank accounts by 2021, claims report 0

by • News, Technology

By 2021, more members of the global population will be using mobile phones (5.5 billion) than bank accounts (5.4 billion), running water (5.3 billion), or landlines (2.9 billion), according to the 11th annual Cisco Visual Networking Index (VNI) Global Mobile Data Traffic Forecast for 2016 to 2021. Strong growth in mobile users, smartphones and Internet of Things connections as well as network speed improvements and mobile video consumption are projected to increase mobile data traffic seven-fold over the next five years.

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UK cyber workforce grows 160 percent in five years, new report claims

UK cyber workforce grows 160 percent in five years, new report claims 0

by • News, Technology, Workplace

The UK ‘cyber workforce’ has grown by 160 percent in the five years to 2016, according to new Tech Partnership research. Around 58,000 people now work in cyber security, up from 22,000 in 2011, and they command an average salary of over £57,000 a year – 15 percent higher than tech specialists as a whole, and up 7 percent on last year. Just under half of the cyber workforce is employed in the digital industries, while banking accounts for one in five, and the public sector for 12 percent. The figures, derived from analysis of bespoke data from IT Jobs Watch and supporting information from the Office of National Statistics’ Quarterly Labour Force Survey, are published in the Tech Partnership’s most recent Fact Sheet, Cyber Security Specialists in the UK.

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Cautious London job market post-Brexit, as EU nationals consider options

Cautious London job market post-Brexit, as EU nationals consider options 0

by • Cities, News, Workplace

The more recent employment figures for London suggest that until the terms of Brexit are known and put in motion, the jobs market will remain cautious. This is according to the latest Morgan McKinley London Employment Monitor which found that despite an 81 percent increase in jobs available and an 83 percent increase in professionals seeking jobs; compared to a 115 percent increase in jobs this time last year, the 2017 spike was muted in comparison. The 83 percent increase in job seekers month-on-month is coupled with a 29 percent decrease, year-on-year. Contributing to the decrease is the trickling off of non-British EU nationals working in the City, who comprise up to 10 percent of its workforce. In a post-Brexit survey of professionals conducted by Morgan McKinley, these individuals reported either moving abroad, or considering leaving London because of Brexit.

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Neuroscience can function as a management tool for personal development

Neuroscience can function as a management tool for personal development 0

by • Comment, Workplace

More and more employers, especially big corporates, are looking at ways to improve employee satisfaction, creativity and productivity. The business of managing change in the workplace has received much attention. It’s a clever game, and one that’s fuelling a booming growth in neuroscientific consulting. Coaching staff to embrace change and think about personal growth, alongside individualised learning programmes are hot topics in the business world. Brain science is a growth industry and it’s providing interesting answers to many important questions about why affecting change in the workplace has historically suffered low success rates, and how that can change.

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