Search Results for: business

January 11, 2017

Money worries undermine performance of one in four workers says CIPD ⁰

by Sara Bean • News, Wellbeing, Workplace

A quarter of people are suffering with money problems so substantial that it is affecting their ability to do their job, claims a new survey published by the CIPD and Close Brothers Asset Management. Physical fatigue caused by lost sleep when worrying about money, is the most common explanation for how financial concerns have impacted people’s productivity, effecting one in five employees (19 percent). The number reporting problems rises to a nearly a third (31 percent) among 18-24 year olds, and those living in London (32 percent). The problem is not limited to low earners either, with one in five (20 percent) of employees earning £45,000 to £59,999 saying that financial anxiety has affected their ability to do their job. Meanwhile, women are more likely than men to report that money worries are affecting their work, with nearly three in ten (28 percent) women reporting the problem, compared with less than one in four (23 percent) of men.

(more…)

January 11, 2017

Strategic application of Big Data reaches tipping point, claims study ⁰

by Mark Eltringham • News, Technology

A new study claims that the application of Big Data in the workplace has now reached a tipping point as two thirds of organisations now consider its application of ‘strategic’ consequence, with just a fifth (19 percent) still at an experimental stage. According to the 2016 Big Data Maturity Survey from AtScale, nearly all of the 2,550 businesses who took part (97 percent) claim they will do as much or more to apply Big Data to decision making over the next three months. The main application is expected to be business intelligence according to 75 percent of respondents to the study. The AtScale study also found most companies now deploy Big Data in the cloud rather than keeping it on premises. “There’s been a clear surge in use of Big Data in the Cloud over the last year and what’s perhaps as interesting is the fact that respondents are far more likely to achieve tangible value when their data is in the cloud,” said AtScale CTO and co-founder Matt Baird.

January 11, 2017

Detoxify the workplace to improve employee wellbeing and productivity ⁰

by Sara Bean • Case studies, News, Wellbeing, Workplace design

While most organisations recognise the importance of keeping their employees safe, not enough focus is being given to wellness, and those organisations that do not prioritise employee wellness and design their workplaces accordingly will lose talent and potentially face bottom line repercussions. This is according to AECOM, which is urging organisations to “detoxify” their work environments to improve employee wellbeing. With 9.9 million working days lost due to work-related stress, depression or anxiety in Great Britain in 2014/151, employees’ health and happiness can have a direct impact on business performance. Making improvements to the physical environment can help organisations create spaces and working cultures that encourage creativity, support wellbeing and increase job satisfaction. (more…)

January 10, 2017

A unity of opposites at Sky Central ⁰

by Neil Usher • Case studies, Facilities management, Features, Work&Place, Workplace design

It’s drummed into us from an early age that we can’t have it all, as a result we consider choices as being a binary either/or situation. The workplace design brief (where it’s actually undertaken, an entirely separate discussion) positions choices similarly – open or closed, focussed or collaborative, modern or traditional – the decision point existing along a sliding scale from one natural extreme to the other. Yet there is a way to consider workplace design as an attempt to achieve the “unity of opposites”, an idea proposed by the pre-Socratic aphoristic philosopher, Heraclitus, the original thinker on change. This holds that the existence of an idea is entirely dependent on the existence of its opposite, that one cannot exist without the other. The framework is considered here in its application to the recently completed Sky Central in Osterley (West London), a newly constructed 38,000m2 NIA activity-based workplace over three floors that is home to 3,500 of the total 7,500 people on the Campus. It may be considered as tool for aiding workplace brief development, or for understanding how a workplace has been conceived and functions.

(more…)

January 10, 2017

Government plans include improvements to mental health support at work ⁰

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

Prime Minister Theresa May has announced a package of measures to address mental health support in schools, workplaces and communities. The plans, which aim to help ensure that no one affected by mental ill-health goes unattended also includes a new partnership with employers to improve mental health support in the workplace. The Prime Minister has appointed Lord Dennis Stevenson, the long-time campaigner for greater understanding and treatment of mental illness, and Paul Farmer CBE, CEO of Mind and Chair of the NHS Mental Health Taskforce, to drive work with business and the public sector to support mental health in the workplace. These experts will lead a review on how best to ensure employees with mental health problems are enabled to thrive in the workplace and perform at their best. This will involve practical help including promoting best practice and learning from trailblazer employers, as well as offering tools to organisations, whatever size they are, to assist with employee well-being and mental health. It will review recommendations around discrimination in the workplace on the grounds of mental health

(more…)

January 10, 2017

Report calls for ‘workplace guardians’ to support employee wellbeing ⁰

by Sara Bean • Facilities management, News, Wellbeing, Workplace, Workplace design

Businesses need to shift their focus away from functional issues, such as cost per square metre, and towards the productivity boost that can be delivered through well-designed work spaces which engage employees and make them feel valued. This is according to a new study produced by Interserve, Designing and delivering effective workplace experiences – a practical guide, which argues employers should adopt teams of ‘workplace guardians’ to curate work spaces that support employee wellbeing and overall business performance. The report sets out a six-stage programme for businesses to create effective workplace experiences which it says should be led by a team of experienced workplace coordinators or ‘guardians’ – a process that sees workplaces shaped by employees, for employees. (more…)

January 9, 2017

Global lack of female leadership, despite benefits to companies’ performance ⁰

by Sara Bean • Legal news, News, Workplace

Gender inequality remains high around the world – despite the fact that new research suggests how female leadership increases companies’ performance. A new report published by IZA World of Labor looks at the reasons for the persistence of wage and leadership gender gaps and their causes and consequences and emphasizes the beneficial role of female leaders in reducing gender inequality. The report claims that gender wage gaps and women’s under representation in leadership positions exist at remarkably similar magnitudes across countries at all levels of income per capita. In a new IZA World of Labor report the economist Mario Macis of Johns Hopkins University, USA summarizes recent research which shows that although women in many developed countries have reached parity with men in terms of formal educational attainment and employment, earning disparities between the genders are actually greater in richer countries.

(more…)

January 6, 2017

Thirteen ways the physical environment shapes knowledge management

by Agustin Chevez and Laurie Aznavoorian • Facilities management, Premium Content, Work&Place, Workplace design

Knowledge management (including its creation, transference and storage) within an organisation is now widely considered to be one of the primary drivers of a business’s sustainability. Driven by changing demographics, businesses are recognising the ways in which valuable knowledge is lost when employees leave the organisation, including when they retire or are made redundant in response to changing economic conditions. Geyer, an Australian design practice, is just one organisation that has undertaken important research to understand the role of the physical environment in knowledge management.The aim of the research was to explore the kinds of environments and their attributes (if any) that could support the management of knowledge in an organisation. The research also aimed to expand the focus of existing knowledge management literature; from information technology to workplace design.

(more…)

January 6, 2017

Work-life balance trumps pay in workplace new year’s resolutions ⁰

by Mark Eltringham • Flexible working, News

New research from Office Genie claims that when it comes to career-focussed resolutions, financial desires lose out to a more holistic approach to wellbeing: A better work-life balance is the top new year’s resolution for UK employees (17 percent), closely followed by the wish to learn new skills in the workplace (14 percent). Pay rises (13 percent) are important however, coming in third. Having healthier lunches (9 percent), being more organised (7 percent), and getting a promotion (6 percent) also proved popular. It would appear employees are less concerned with getting more done: productivity (5 percent), working harder (3 percent), and making more friends in the workplace (1 percent) are the three least popular resolutions.

(more…)

January 6, 2017

Learning to love staff means letting them disconnect from work, and other stories ⁰

by Mark Eltringham • Flexible working, News, Technology

Topical workplace issues featured prominently at this week’s British Psychological Society’s Division of Occupational Psychology annual conference held in Liverpool. Four of the key takeaways from the event deal with issues such as the right to disconnect when working from home – a right recently enshrined in law in France, the way different personality types deal with emails, the toxic relationship between employers and employees and even how managers can learn to show their staff more love. The focus at teh event underlines a growing awareness of the complexities of our new relationship with work and workplaces.

(more…)

January 6, 2017

Over half of employers struggled to find newly graduated employees last year ⁰

by Sara Bean • News, Technology, Workplace

Over half of graduate employers are struggling to fill their graduate vacancies, partly due to students reneging on offers. A poll by the Association of Graduate Recruiters (AGR) claims that 52 percent of employers did not fill all of their graduate vacancies last year and while one in five offers were declined, 7.1 percent of offers made were accepted and then reneged. The size of the challenge differs by sector. Accountancy, banking and engineering firms are the most likely to find reneging an issue. It is less of a problem in the public sector and among law, utility and IT businesses. However, employers are finding ways to tackle the issue with 97 percent communicating and 78 percent holding events for graduates between offer and join date. As a result the proportion of job offers reneged is falling – in the AGR’s 2015 poll 8.2 percent were reneged. Employers are also being advised to take more of a digital approach to reaching ‘tech savvy’ graduates.

(more…)

January 5, 2017

Smart buildings and driverless vehicles to spearhead huge growth in Internet of Things spending ⁰

by Mark Eltringham • News, Technology

Worldwide spending on the Internet of Things (IoT) is forecast to reach $737 billion for the past year (2016) as organisations invest in the hardware, software, services, and connectivity that enable the IoT. According to a new update to the International Data Corporation (IDC) Worldwide Semiannual Internet of Things Spending Guide, global IoT spending will experience a compound annual growth rate (CAGR) of 15.6 percent over the 2015-2020 forecast period, reaching $1.29 trillion in 2020. The industries forecast to make the largest IoT investments in 2016 are Manufacturing ($178 billion), Transportation ($78 billion), and Utilities ($69 billion). Consumer IoT purchases, the fourth largest market segment in 2016, will become the third largest segment by 2020. Meanwhile, cross-industry IoT, such as that for connected vehicles and smart buildings, will rank among the top segments throughout the five-year forecast.