Search Results for: population

July 25, 2016

China raises retirement age as workforce set to fall by a quarter by 2050 ⁰

by Mark Eltringham • Flexible working, News, Property, Workplace

A rapidly ageing workforce is not just a challenge for Western economies. The government of China, the world’s second largest economy, has announced that it expects its workforce to decline by nearly a quarter (23 percent) between now and 2050 as the population ages and more and more jobs are automated. The Government is now considering raising the retirement age from 59 to 65 ahead of an anticipated sharp decline in the numbers of people of working age after 2030, according to the Ministry of Human Resources and Social Security. A spokesman for the ministry forecast a fall of 211 million people of working age to 700 million by 2050. China’s demographic challenge is mirrored in many countries but has its own characteristics thanks to its strict and controversial decades-long ‘one child’ policy‘ which it lifted last year. The country now has 220 million people over the age of 60, accounting for over 16 percent of its total population at the same time that its previously stellar economic growth has shown signs of slowing.

July 21, 2016

Offices not yet smart enough to support new ways of working ⁰

by Sara Bean • Facilities management, Flexible working, News, Technology, Workplace design

Employees believe their workplace is not making best use of latest technology, but expect this to improve as remote work begins to provide both quality of life and productivity benefits. In the latest Future Workforce Survey conducted by Dell and Intel, nearly half of global employees believe their current workplace is not smart enough, while 42 percent of millennial employees say they are willing to quit their job if technologies are not up to their standard. The research suggest that the addition of collaborative tools and innovations such as internet of things (IoT) and Virtual Reality (VR) will soon become vital to the workplace. According to the poll of nearly 4,000 full-time employees in ten countries, over half (57 percent) believe they will be working in a smart office within the next five years, while 51 percent believe that better technologies will make face-to-face meetings redundant within the next five years.

July 15, 2016

Substantial growth in 21st Century self employment in the UK ⁰

by Mark Eltringham • Flexible working, News

The 21st Century has seen an explosion of self employment in the UK, and most people who have become self employed have done so for positive reasons, claims a new report from the UK Government’s Office for National Statistics. According to the Trends in Self Employment Report, there are now more than 4.7 million people classified as self employed, around 15 percent of the workforce. There has been a marked upturn since the 2008 recession, an increase of 730,000 over that period. The trend to self employment has been evident since the turn of the Millennium when around 3.2 million people were classified as self employed. Between 2001 and 2015, part time self employment grew by 88 percent, compared to 25 percent for full time work, partly because of the growing number of workers choosing part time self employment before retirement. The report describes the changes as structural, which suggests that the growth will continue.

June 28, 2016

Countries aware of but not harnessing full potential of older workers ⁰

by Mark Eltringham • Flexible working, Knowledge, News, Workplace

The idea of a fixed retirement age looks increasingly distant in countries around the world and perhaps none more so than the US. According to a study from the Pew Research Center, based on data from the federal Bureau of Labor Statistics, more US over 65s are working than at any time covered in the analysis, and they are working longer hours. As of May, nearly a fifth (18.8 percent) of over 65s worked full or part time, up from 12.8 percent in 2000. Intriguingly, the study also shows that this represents a significant greying of the workplace as in the overall population, 59.9 percent of Americans are currently in jobs, down from 64.4 percent in 2000. The same pattern is evident even in workers significantly older than 65. Even the over 75s are working at higher rates than they did before the 2008 recession, the only age groups about which that can be said, according to Pew, emphasising the fact that the workplace is getting older rather than younger as is commonly assumed.

June 24, 2016

Property and workplace experts have their say on the Brexit outcome ⁰

by Mark Eltringham • Architecture, Comment, Facilities management, Property, Workplace, Workplace design

Well, the results are in and the UK’s electorate has voted by a narrow margin for the country to leave the EU. There are likely to be other developments but whatever you make of the UK’s decision to vote to leave the EU – and I think it’s fair to say most independent people think it’s inexplicable – there’s no doubt that it will have a profound impact on the UK’s economy, relationship with the world, culture, working conditions and markets. What it will mean in practice won’t be apparent for months or years, of course, but that hasn’t stopped experts who work in the property, workplace, design, legal, HR and architecture sectors having their say on its potential implications. We’ll look at these specific issues in more detail going forward but for now, here’s a round-up of those we have so far, which we’ll keep updated throughout the day as the dust settles on what will prove to be a momentous decision for the UK, Europe and rest of the world.

June 21, 2016

Ageing workforce requires employers to better address skills gaps ⁰

by Sara Bean • Events, News, Workplace

The Government’s 2016 Working Futures report revealed that the total number of jobs in the UK is expected to rise by 1.8 million between 2014 and 2024, while the working age population (16-64) is expected to increase by half this amount. Now a policy event being held in London by the Westminster Employment Forum will draw attention to the growing challenge faced by business leaders as the UK workforce continues to age. According to figures from the CIPD, 9.4 million people in employment in the UK are over the age of 50, equivalent to over 30 per cent of the workforce. The Open University is advising that, with employees staying in work longer, business leaders need to ensure that workers have the right access to education and the skills to remain competitive and productive at all stages of their careers. Ageing Workforce in the UK, will explore what steps need to be taken in order to adapt to this demographic shift.

June 14, 2016

Home workers happier, able to balance responsibilities despite long hours ⁰

by Neil Franklin • Flexible working, News, Wellbeing

New research claims that home-based employees are choosing to work more hours than those who work in traditional offices. According to the study carried out by homeworking agency Sensée, despite opting to work more hours daily, home workers are generally happier because they’re empowered to choose the hours they work so they can still attend to family responsibilities. Three quarters of home workers (77 percent) stated that working from home enables them to achieve more, including caring for family members or friends and exercising more. Time and money saved on commuting – along with more control over their day – were cited among the top three benefits of working from home. The research also claims there is a desire to work from home among office-based employees. Three-fifths (81 percent) of office-based employees said they would take the opportunity to work from home either full time or part time to care for a family member or friend.

June 8, 2016

Cities must lead the way in cutting carbon emissions says IEA ⁰

by Sara Bean • Cities, Environment, Facilities management, News, Technology

With urban areas accounting for up to two-thirds of the potential to reduce global carbon emissions, cities must take the lead in the transition to low-carbon energy, says the International Energy Agency (IEA) in its annual report. Offering long-term pathways that could limit the global temperature increase to no more than 2°C, in line with the goals set at the Paris climate conference (COP21) in December 2015, the report suggests that the most cost-effective approach involves deploying low-carbon options in cities, especially in emerging and developing economies. Because buildings provide useful space to self-generate the electricity they consume: by 2050, rooftop solar could technically meet one-third of electricity demand. Such buildings offer significant demand potential for the roll-out of the most efficient technologies, like energy-efficient windows and appliances. However, international collaboration is essential, claims the report.

June 6, 2016

Only a third of employers have policies to support working carers ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

As baby boomers and Gen X age, more of the working population are responsible for the care of elderly relatives, with some being part of the ‘sandwich generation’, balancing work while caring for older family members and their own children. Yet according to a new survey published today by CIPD/Westfield Health just a third of employers (34 percent) have a formal, written policy or an informal, verbal policy in place to support working carers in their workplace . The report also finds that just 13 percent of organisations offer line manager training to support working carers, which is concerning given the key role line managers play in providing flexibility and support to people with caring responsibilities. With estimates suggesting that 3 in 5 people will end up caring for someone at some point in their lives, employers are being urged to put mechanisms in place to empower and support working carers, before they lose out on key talent; while those employers that do support working carers believe it’s made a positive difference to their culture.

June 1, 2016

Surprising number of people fear they will soon be replaced by a robot ⁰

by Mark Eltringham • News, Technology, Workplace

A surprisingly large proportion of the British working population believes it could find its job taken by a robot within the next 10 to 50 years, according to a study from software firm Opentext. The survey of 2,000 people found that 42 percent of them overall believe their jobs will be automated within half a century and around a quarter feel it could happen within the next decade. A surprisingly large number – 7 percent- feel they could be ousted by a robot within the next two years. The results display a strong generational bias with19 per cent of 18-24 year olds claiming that they sometimes or frequently worry about this issue. The older generation on the other hand rarely, if ever, worries about robots taking its jobs with 73 per cent of 45-54 year olds saying that they never worry about being replaced by automation. Even so, 25 percent of those in this age group believe that robots might replace them over the course of the next decade.

May 20, 2016

Quarter of UK workers would choose home working over pay rise ⁰

by Sara Bean • Facilities management, Flexible working, News, Workplace

We reported earlier this week that flexible working has gone mainstream, with over a third of organisations now offering some kind of flexible working arrangement. The question is whether these flexible workers are more productive, as some employers persist in perceiving a flexible working request as a means of ‘shirking from home.’ Now new research to mark National work from home day, shows that 48 percent of workers are happier when they can work from home and nearly a third (32 percent) of British workers ‘feel more productive’ when they do so. The study by the Institute of Inertia, a partnership between comparethemarket.com and the University of Sheffield, found that nearly a quarter (24 percent or 7.5 million) of British workers would rather work from home one day a week than receive a pay rise, while seven million admit they suffer from ‘procrastination or inertia issues’ when working in an office.

May 17, 2016

Employers need to step up to retain older workers and carers, claims CIPD ⁰

by Mark Eltringham • Flexible working, News, Wellbeing, Workplace

With people living longer and fewer young people entering the labour market, Europe’s employers are increasingly reliant on the skills and talents of older workers. However, the ageing population also means that there will be around nine million carers in the UK by 2037, many of whom will be trying to juggle care and employment, according to new research released by the CIPD. It claims that, although the UK’s policy framework for supporting older workers and creating fuller working lives is well-developed in comparison to other European countries, there is a crucial need to turn this thinking into practical action to avoid losing the skills and experience of employees who choose to work beyond retirement. With around 30 percent of the UK workforce currently over 50 compared to 20 percent in the 1990s, the CIPD is urging employers to put the tools and culture in place to support older workers as they represent and increasingly significant proportion of the labour market.