Search Results for: Gen Z

Third of Millennials more engaged by contributing to company vision than a high salary

Third of Millennials more engaged by contributing to company vision than a high salaryThe younger generation of workers say high visibility and the chance to help influence the workplace culture is of much more importance than the size of their pay packet. When asked by US-based firm Futurestep what matters most to them as employees, the greatest number of Millennial respondents – those born after 1980 – (23%) said it was “the ability to make an impact on the business,” followed by “a clear path for advancement” (20%) and “development and ongoing feedback” (16%). Income came in at fourth place at 13 percent. When questioning what makes Millennials choose one job over another, more than a third (38%) said “visibility and buy-in to the vision of the organization” while 28 percent said “a clear path for advancement.” “Job title and pay” came in third place at 18 percent.

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Men and women have differing views on equal pay and opportunities

Gender pay gapMen and women have differing views on the pay and career opportunities available to female employees in the workplace, according to a report published today by recruitment firm Hays. The report is based on a study of 6,000 employees which found that just under half (45 percent) of women think that equally qualified and capable male and female colleagues are not paid the same compared to around 20 percent of men. The survey also produced an almost identical result when respondents were asked whether the same career opportunities were available to both sexes, with 21 percent of men and 48 percent of women claiming that both genders enjoyed the same opportunities. Overall both sexes agree that quotas are not the best solution to any mismatch with just 9 percent agreeing that they would have a major impact.

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The UK’s enduring and understandable love affair with Scandinavian design

scandinavian designThe British have an enduring love affair with Scandinavia. From Norwegian Wood to Ikea, Abba to The Girl with the Dragon Tattoo and all the other manifestations of Nordic noir, the country’s love affair with everything Scandinavian shows no sign of abating any time soon. We have a particular affinity with Scandinavian design, which is both familiar to our shared Northern European sensibilities and exotic at the same time. Its influence extends way beyond Sundays spent assembling a Billy book case. Like all the best design, we love its simplicity and functionality, its order and attractiveness. The influence of Scandinavian furniture design in particular has been palpable in the UK since the 1950s when the first waves of modernism crashed on these shores and were lapped up by a population eager to build a new world following years of war.

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Majority of UK workers concerned about their ability to retire

Man-with-empty-pockets-006A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

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The financial services sector leads the way in how we think about office design

Office design and the cityThe office as we know it may continue to change, but that doesn’t mean its vital role at the heart of the organisation will diminish. The recent downturn meant some tough decisions had to be taken by many companies. It certainly focussed more attention on the way firms design and manage their workplace, based on a clear understanding of their economics. It is one of the most commonly cited truisms about office design that after staff, buildings are easily the second highest item of expenditure for the majority of organisations. The conclusion often drawn from this is that there is a compulsion to reduce space through new working practices or more efficient office design and management. Which may be true but the challenge is to take advantage of these opportunities without adversely affecting the company’s most expensive and valuable asset; its staff.

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People with mental-health issues should be helped to stay at work, says OECD

Over a third of sickness and disability in OECD countries related to mental ill-healthAround 30 percent to 40 percent of all sickness and disability caseloads in OECD countries are related to mental-health problems finds a new OECD report. Fit Mind, Fit Job: From Evidence to Practice in Mental Health and Work reveals that the total cost of mental illness is estimated at around 3.5 percent of GDP in Europe.  People with mild to moderate disorders, such as anxiety or depression, are twice as likely to become unemployed. They also run a much higher risk of living in poverty and social marginalisation.  But although most people with mental health problems are in work they struggle; with 7 in 10 of them in 21 countries of the European Union reporting that they are underperforming at work. While a heavy workload and stress may add to mental health problems, the evidence shows that staying at work is also part of the solution if appropriate support is provided.

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Female empowerment within UK workforce on rise but too few in full time jobs

Women in work indexA strengthening economy has helped the UK to rise up to 14th position out of 27 OECD countries in PwC’s annual Women in Work Index, but it still lags well behind many other countries in overall female economic empowerment. The Nordic countries continue to lead the Index, with Norway maintaining pole position, followed by Denmark and Sweden. These three countries have consistently occupied the top three positions in the Index since 2000 and the reason is that they all have a much fairer balance between genders on managing work and family life. By comparison, although the UK is in the top 10 performing OECD countries on female participation in the labour force, this is negatively impacted due to the low proportion of women in full-time employment; suggesting that flexible working  is having a negative impact on many women’s career prospects.

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The latest issue of the weekly Insight is now available to view online

Insight_twitter_logo_2In this week’s issue; A new study from IBM challenges some of the most commonly held myths about Generation Y and lays down a few uncomfortable truths for employers; Our regular columnist Simon Heath likes this year’s shortlisted Design Awards entries, but not the way they are described; the Government sets out to define what makes a good public sector property design and management specialist; a call for greater understanding of how more women could develop and stick with STEM careers; some good news about fit notes workplace absence; the Green Building Council challenges developers to take a lead in environmental property; and the latest moves to shift London’s traffic, cyclists and pedestrians to new underground routes. Sign up to for weekly updates via the subscription form in the right hand sidebar and follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Employers embrace mobile workforces but retain traditional workspaces

Employers are embracing mobile workforces yet retaining traditional workspacesNearly three quarters of employers that offer staff the opportunity to work flexibly are failing to reorganise their workplaces to reflect the new ways of working. Research commissioned by US based AV company Barco, found that while 86 percent of organisations indicated a remote working approach was being used within their business; rather than using this policy to reduce desk space, 73 percent of organisations admitted they still had allocated desks. This is despite the fact that the top three drivers for unifying communications are to increase productivity (51%), reduce costs (44%), and increase collaboration (27%). And though the BYOD trend is continuing, with half (50%) saying personal laptops and personal tablets (45.2 %) are being used in the workplace; 82 percent of those surveyed said that laptops are still company issued.

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London reveals latest plans to move cars, bikes and people underground

london-underground-roadsThe Mayor of London has revealed the latest plans to move the city’s pedestrians, bikes and cars underground and elevated on decking. The latest proposals would see a number of the capital’s major roads mounted or buried with the space saved at ground level converted to greener and more pleasant uses (and property development obv).  An announcement from the Greater London Authority claims that over 70 sites across London have been considered for the scheme which will include new tunnels, fly-unders and decking. It follows hard on the heels of another proposal to create the Underline, a network of cycle lanes and walkways based on the city’s existing web of unused tunnels. The roads proposed for the new scheme include the A4 in Hammersmith, the A13 in East London and sections of the North Circular Road.

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Over half of employers reject mandatory quotas for women on boards

Over half of employers reject mandatory quotas for women on boardsThe Women on Boards review published by Lord Davies in February 2011 looked at the obstacles that prevent many women from reaching senior positions in business, such as FTSE 350 corporate boards; and set a target of 25 per cent of board positions being held by women by 2015. As the anniversary of the report approaches, new research by the CIPD, business leaders and Business and Women & Equalities Minister Jo Swinson MP, has revealed resistance to the idea of mandatory female quotas as mooted by some EU members, with over half those polled suggesting that the government should instead set a more ambitious voluntary target to improve gender diversity in boardrooms post-2015. Two thirds of respondents said that an open and supportive culture that encourages gender diversity would be a more effective way of improving gender diversity at board level.

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The pressing need for more women to forge careers in STEM disciplines

????????????????????One of the most pressing economic challenges facing the UK is producing enough qualified professionals in the key science, technology, engineering and maths (STEM) disciplines. And, as a number of new reports make clear, the problem is compounded by the failure of enough women to develop careers in those areas that will define the country’s economic future. It was a point raised in a recent Government report into the UK’s digital future. Writing for the BBC earlier this month Dame Prof Ann Dowling the President of the Royal Academy of Engineering laid out the scale of the problem; by 2022 the UK will need at least 1.82 million new engineering, science and technology professionals. What is also becoming clear is that, while many women are keen to develop STEM careers, they face a series of obstacles at every step.

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