Search Results for: uk talent market

June 16, 2015

London cements its status as Europe’s most important tech hub

by Mark Eltringham • News, Property, Technology

A new report launched to coincide with London Technology Week claims that London has cemented its position as the most important tech hub in Europe and will boost the UK economy by £18bn in 2015. According to the event’s organisers, London’s technology sector is growing faster than both the overall economies of London and the whole UK and will continue to do so for the next decade. The figures show that the number of companies in London’s digital technology sector has grown by 46 percent since the launch of the Tech City programme. The sector now employs almost 200,000 people, 17 percent more than in 2010. Other research from EY claims to show London’s dominance of the European tech sector. According to EY more than 1,000 international tech investment projects located in London between 2005–2014, significantly more than the next most attractive city, Paris (381).

June 10, 2015

Flexible hiring out of step with flexible working, especially in London

by Sara Bean • Flexible working, News, Workplace

Only a handful (6.2%) of new jobs offer both decent salaries and the opportunity to work flexibly, according to new research from Timewise. Despite technological advances and significant changes in how and where people work, employers consistently underestimate how precious a benefit is flexibility, and rarely mention it in job ads. The flexible talent pool is massive; with more than 5.4 million people already in flexible roles, yet the number of jobs advertised with flexibility are so scarce that 77 percent of flexible workers feel ‘trapped’ in their current role, leaving those who want flexibility to fit with modern life, locked out of chances to progress. Flexible opportunities are better outside of the Capital, as candidates looking for flexible jobs have comparatively greater opportunities in Scotland, Northern Ireland and in the north of England.

May 20, 2015

Women over 55 most likely to be business strategists, finds report

by Sara Bean • News, Workplace

A new report claims that only 8 percent of senior managers currently have ‘Strategist’ leadership capabilities and have the attributes and mind sets to lead transformational change and solve their most difficult problems. This is because employers don’t identify and empower their leaders with the right capabilities and attributes, says the report published by PwC’s Consulting practice. According to “The hidden talent: Ten ways to identify and retain transformational leaders,” the work of strategists is underpinned by inquiry-based experimentation. They see both the vision and detail, employ positive language and exercise power courageously. They understand the complexity of the environment in which they’re working and are able to employ passionate detachment. The report claims that the largest proportion of ‘Strategist’ leaders, are women over 55.

May 18, 2015

European workers optimistic about the impact of workplace technology

by Mark Eltringham • Flexible working, News, Technology

The European workforce is optimistic about the impact of new and emerging workplace technology although many employers face challenges in pursuing digital business models, according to new research by Accenture. The report claims that more than four times as many workers think technology will improve their working lives than those who think it will have a negative impact. The study of over 2500 workers and 500 business leaders in the EU found that 57 percent of workers think technologies such as robots, apps, data analytics and artificial intelligence will improve their working experience versus eight percent who think it will worsen it. Fifty percent of EU workers believe that digital technology will improve their job prospects compared to 12 percent who think it will limit them.

March 23, 2015

Property investors favour sustainable buildings, claims report

by Mark Eltringham • Environment, Facilities management, News, Property

Property owners could make a greater return on their investments if they improved the sustainable credentials of their buildings, according to a new report published by CBRE. According to the study of 280 investors published in the Investor Intentions Survey 2015, a growing number are taking into account environmental considerations which they consider have a direct influence on the returns and value of their assets. Nearly three-quarters (70 percent) believe sustainability is either a critical or desirable criterion when making investment decisions with only 15 percent claiming that “sustainability is not a significant consideration in selecting assets to buy”. The report’s authors claim that while the property industry has been seeking evidence of the financial benefits of sustainable buildings for some time, this has been difficult to define given the complex factors that influence transaction prices.

March 16, 2015

Multi generational workplace could boost economy by £25 billion

by Mark Eltringham • Flexible working, Legal news, News, Workplace

The Government has published a new report which describes the challenges faced by the UK’s over 50s in the workplace and sets out ways in which more of them can stay or move into work. The report is the culmination of eight months’ work by a team led by the Government’s ‘ageism tsar’ Ros Altmann and highlights why action is needed based primarily on the twin issues of demographic change and increasing life expectancy. The report, Retain, Retrain, Recruit, recommends action that would help older workers thrive and ensure individuals, industry and the economy can reap the financial and social benefits of a multi generational workplace. The report outlines how businesses could recruit more older workers, retrain existing staff and provide greater flexibility to retain them as well as setting out measures that should be taken to reflect the multi generational workforce in the media and policy making.

March 5, 2015

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

by Charles Marks • Comment, Facilities management, Workplace design

The 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.

February 24, 2015

Disengaged staff plan to switch employer over the next three months

by Sara Bean • News, Workplace

Just under a third of employees are planning to switch employer soon, with Gen Y most likely to leave, finds a new report, “Finders Keepers? Exploring How to Source, Hire and Retain the Best Talent”. The research from recruitment firm Quarsh claims that 10 percent of employees are searching for a new opportunity at the moment, and a further 20 percent will be looking for a new role within the next three months. Because one third (35 percent) of those currently looking expect to still be working for their current employer in 12 months’ time, the report warns that management need to focus not just on hiring, but also employee engagement. The report claims that organisations seeking to engage and retain their current workforce need to focus on offering an ’employment experience’ that stretches beyond the ‘tangible’ elements of the job, such as salary.

February 6, 2015

Winners announced for first ever employee engagement awards

by Sara Bean • News, Wellbeing, Workplace

Hotel management company The Dorchester Collection has picked up The Investors in People Company of the Year Award, in the inaugural Employee Engagement Awards. Although awards programmes are as much about marketing and revenue as recognising talent and achievement, it’s clear that the launch of the first ever awards that recognise employee engagement reflects a growing realisation by employers that it’s an area to be taken seriously. As the economy improves, the labour market grows more competitive and businesses have to offer and be seen to be doing things differently, to create an engaging and rewarding working environment. Other notable winners include The University of Sheffield, which won the Wellness Award and Transport for London, for Project of the Year Award (Public sector).

January 27, 2015

Employers need to do more to attract and train older workers says REC

by Sara Bean • News, Workplace

Employers need to provide more training opportunities for older workers and how they advertise jobs to attract recruits over 55, according to the results of a survey issued by the Recruitment and Employment Confederation (REC). Asked to identify the most important change businesses should make to encourage applications from jobseekers aged 55 and over, almost four in ten (37%) respondents highlighted issues around advertising, while a third (34%) indicated that they should be providing more opportunities for older workers to upskill or reskill. Twenty percent said that businesses need to be more careful with language used in job adverts while 17 percent said that hirers need to look beyond posting jobs exclusively online. Evidence for the business case for retaining, retraining and recruiting older workers will be published by the Department for Work and Pensions in March.

January 5, 2015

Workers feel increasingly undervalued and over a third plan to move jobs this year

by Sara Bean • News, Workplace

There’s been a dramatic increase in the number of workers planning to move jobs. According to the latest research by the Institute of Leadership & Management (ILM), 37 per cent of workers are planning to leave their current jobs in 2015 – compared to 19 per cent in 2014 and 13 per cent in 2013. Of those who left their jobs in 2014, 35 per cent cited greater opportunity for progression as their main motivation for seeking a new role – compared to only 12 per cent who sought a higher salary. In 2015, that has increased to 59 per cent, meaning increased opportunity is a number one priority; beating a better salary (56%), a more interesting role (50%) and better management (30%). Staff are also feeling increasingly undervalued by their managers. 25 per cent of those planning to leave said they felt unappreciated in their current role, almost 10 per cent more than last year (16%). More →

November 4, 2014

Badmouthing, arse-covering and bluff are main unethical behaviours in workplace

by Mark Eltringham • Knowledge, News, Workplace

A new report from the Institute of Leadership and Management reveals the most common unethical behaviours displayed by employees in the workplace. Unsurprisingly they form a catalogue of low-level, generalised obfuscation, bluff, blame-shifting, bullshit and outright lying that will be very familiar to many people. The three most cited unethical behaviours according to the survey of 1,600 managers are cutting corners (72 percent), lying to cover one’s own mistakes (72 percent) and badmouthing colleagues (68 percent). People are, unsurprisingly, also prone to pass the buck when they miss deadlines (67 percent), cover up for the mistakes of colleagues (63 percent) and pinch low value items from work (52 percent). The ILM claims in its ‘The Truth About Trust’ report that these behaviours arise from a miasma of misunderstanding of what might be considered unethical behaviour, although equally they could just be things that people do if they think they can get away with them.