Search Results for: income

UK firms turn to flexible working and wellbeing to bridge productivity gap

UK firms turn to flexible working and wellbeing to bridge productivity gap 0

flexible working womanIt’s not just larger organisations and governments that are having to grapple with the UK’s persistent ‘productivity puzzle’ but also smaller businesses who are increasingly turning to flexible working and other people centric initiatives to address the problem. That is one of the main findings of a new report from trade association Group Risk Development (GRiD).  According to their survey, nearly a quarter of employers (23 percent) believe productivity is an issue facing their business.  According to the office for National Statistics (ONS) this is a common problem across the entire UK economy as output per hour is stubbornly around 20 percent below the average for all G7 economies. This is the widest gap ever recorded and, according to GRiD is driving employers to seek ways of addressing their own shortfall with flexible working and wellbeing initiatives as well as investment in new equipment and technology.

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Growth of on demand economy is transforming work and workplaces

Growth of on demand economy is transforming work and workplaces 0

On demand economySome of the key characteristics of the workplace of the near future are starting to crystallise pretty rapidly. In many ways, employees are aware of this to a greater extent than employers, legislators and politicians. For example, this week and over recent weeks Uber has been arguing in courts around the world that its drivers are not employees but are in fact self-employed. This is the shape of things to come. In the UK, around a fifth of the workforce is already freelance or self-employed, something which politicians like to misinterpret as small business, possibly  because it makes them look better because they associate it with entrepreneurialism and the prospects of these firms employing other people. The idea this is simply not the case is supported by a new report from software provider Intuit which claims that just 13 percent of British workers think they will be in traditional employment in 2025.

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UK pay rates predicted to overtake rest of Western Europe

UK pay rates predicted to overtake rest of Western Europe 0

UK economyLatest figures from the ONS show that after several years of pay rises at or below the level of inflation, the UK has seen average pay rates grow at the fastest rate since 2009. Unemployment rates are unchanged at 5.5 percent compared with February to April 2015 but lower than for a year earlier (6.2 percent). Comparing May to July 2015 to a year earlier, both total pay (including bonuses) and regular pay (excluding bonuses) for employees in Great Britain increased by 2.9 percent. According to the latest Salary Budget Planning Study from Towers Watson’s, this upward trend will continue, with British workers set to enjoy a boom in real-terms pay increases in 2015. The study, primarily covering private sector companies, shows that average UK pay rises of 3 percent, coupled with record low annual inflation of 0.2 percent, will outstrip those enjoyed by workers in all other major European economies.

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Flexible working now an almost universal employee benefit, claims study

Flexible working now an almost universal employee benefit, claims study 0

flexible workingA new report from employee benefits provider Unum claims to set out the future trends and challenges affecting the benefits packages firms should offer staff. One of the headline claims from the report is that four out of five employers (79 percent) already offer flexible working. ‘The Future of Employee Benefits’ report surveyed 13 organisations and incorporated the results with those of a series of interviews and roundtable discussions with employers and specialists including representatives from the Chartered Institute of Personnel and Development. The report identifies a series of macro trends affecting workplace wellbeing and the recruitment and retention of employees over the next 15 years, which were categorised into four distinct working environments: The Ageless Workplace; The Mindful Workplace; The Intuitive Workplace; and The Collaborative Workplace.

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Car sharing and longer commutes are the keys to workforce mobility

Car sharing and longer commutes are the keys to workforce mobility 0

Car sharingThe Government should introduce new policies to incentivise people to car share and travel further afield to find work. Those are two of the key finding of a new report, On The Move, from the think tank Policy Exchange which sets out ways to improve the mobility of the British workforce. Making it easier for people to commute twenty minutes further afield would put them in touch with at least one additional major urban area and potentially 10,000 more job opportunities, according to the report. Additionally, it suggests that drivers who offer fellow commuters a lift should be given a tax break. The authors claim that in a third of local authorities that make up the eight city regions no major employment sites (defined as having 5,000 or more jobs) are within a twenty minute commute by public transport and 80 percent of these Local Authorities have an unemployment rate above the national average.

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City firms adopt more flexible working, but it starts from the top

City firms adopt more flexible working, but it starts from the top

Flexible workingEmployers in the City of London are increasingly open to the idea of flexible working, claims a study of 1,000 workers by recruitment firm Astbury Marsden. According to the study, a third of men working in the City (34 percent) say they now have some flexibility over the hours they work, whether through flexi-time, working a certain number of hours annually or compressed hours. This is up from 28 percent last year. Meanwhile a smaller proportion of female City workers (30 percent) claim they now have the option of flexible working, up from 23 percent in 2014. The research indicates that although women in the City are more likely than men to work part-time or term-time hours or job-share, with over a quarter being able to do so (26 percent), almost one in five men (18 percent) say they also have this option available to them.

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The standard gender pay gap narrative is a myth, but that doesn’t mean there aren’t problems

The standard gender pay gap narrative is a myth, but that doesn’t mean there aren’t problems

gender-payIt is one of the great ironies of modern life that in a world drowning in data, a great deal of public discourse is driven by narratives that have little or no factual basis. If anything, the substitution of baseless and questionable stories. Sometimes these narratives are based on outdated realities. Sometimes on assumptions. Sometimes they are deliberately created and upheld by those with vested interests. Sometimes people lie, including to themselves. However they are formed, they can become pretty hard to dislodge, especially when they become so enshrined that the default response to inconvenient truths is a wall of cognitive dissonance and denial. I’m obviously building up to something here and it won’t necessarily be an easy thing to say or hear. And it’s this. The gender pay gap doesn’t exist. Or at least, it doesn’t exist in the way we normally assume so distracts from related issues that we may be able to address.

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Long distance commuting, agile working and dinosaur extinction in the UAE

Long distance commuting, agile working and dinosaur extinction in the UAE

Make DubaiIn Dubai, there are no suburban dinosaurs; those large-scale, single purpose office buildings that ignore the agile realities of modern working life. In the western world, these giants evolved on business parks, driven by the perceived benefits of having office workers agglomerated in order to achieve efficiency of communication and dissemination. The business practices and technologies that underpinned these buildings have evolved and improved and many are in the process of being re-purposed. Things happen on a grander scale in the Middle East where the mantra is “if the land-use doesn’t fit the land, make more land.” Here, the patterns of work and place have evolved differently from the west, and at a much faster pace with creeping tides of development spreading rapidly out from the small centres of traditional trade and commerce to vast tracts of new development.

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‘Tree office’ coworking space opens in an East London Square

‘Tree office’ coworking space opens in an East London Square

Coworking tree officeA new kind of workplace has been opened in London…an office built around a tree. The pop-up office designed as a coworking space is based in Hoxton Square in the first initiative from the Park Hack project, led by Groundwork London and Hackney Council, set up to test new innovative models that sustain and enhance public open spaces. It is designed to operate as a working office and will be available to  hire over the next seven months for businesses, creative workers and community groups. It is equipped with a power supply and WiFi and has the capability to also host small meetings or intimate events. Those who hire the space will be directly supporting the local environment, with income generated being reinvested into Hackney’s parks and green spaces. TREExOFFICE is also featured in the London Festival of Architecture that is taking place this month.

The world’s enduring addiction to the joy and misery of commuting

CommutingCommuting is one of the most complained about yet least explored facets of our working lives. This is in spite of the fact that it consumes so much of people’s time, energy and money, is presented as one of the main arguments for more flexible working practices and is so closely linked to our wellbeing. Yet the half a billion – and growing – commuters worldwide could be forgiven for assuming nobody is really that much interested in the effects of their daily grind into work, especially when you consider the attention given to other workplace issues. Douglas Langmead in his feature on page 32 of the new issue of Work&Place does his bit to redress this imbalance with a fascinating look at commuting in the rapidly developing and endlessly fascinating economies of the United Arab Emirates.

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Flexible working and recognition linked to happiness at work

happiness at workThe eternal quest for happiness is the subject of two new reports which conclude that if you want to feel more satisfied with your working life, it’s important to feel as if you are in control of it. New research from Professor Andy Charlwood at Loughborough University claims that government and employer policies that give people greater flexibility to choose the hours they work helps to foster their wellbeing and that overworked people are less satisfied with their lives and experience lower levels of psychological wellbeing overall. A second, less scientific study commissioned by US software provider InLoox claims that one of the most important determinants of happiness at work is an ability to work unsupervised or not to report to anybody at all so, if you must have a job, make sure you’re in charge.

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Wellbeing continues to improve despite static pay levels, claims ONS

WellbeingThe overall wellbeing of the UK population continues to improve despite ongoing concerns about pay levels and job security, according to a new report published today by the Office for National Statistics. The latest analysis includes an assessment of changes in national wellbeing for the first time and finds that year on year 33 percent of indicators had improved, 42 percent showed no overall change, 21 percent were not assessed and 5 percent deteriorated. The proportion of people in the UK giving the highest ratings for each aspect of personal wellbeing measured by the report increased significantly in the financial year ending 2014. The report defines wellbeing as a measure of “how we are doing as individuals, as communities and as a nation, and how sustainable this is for the future” based on 41 metrics.

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