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Growing number of firms link increased productivity to home and flexible working

Growing number of firms link increased productivity to home and flexible working

flexible workingThe number of employers who believe that an increase in homeworking and flexible working has increased their organisation’s productivity or efficiency has jumped significantly over the last year, according to new research from the CIPD. When asked in December 2020, a third (33 percent) of employers said homeworking had increased their organisation’s productivity or efficiency. However, when asked about increased home/hybrid working in October/November 2021, over two-fifths (41 percent) said these new ways of working had increased this. (more…)

Two thirds would take a pay cut in exchange for a four day week

Two thirds would take a pay cut in exchange for a four day week

four day weekA poll of 2,000 people published in the new edition of the State of Hybrid Work study from Owl Labs claims that flexibility is now key to retaining top talent in 2022 and beyond. 65 percent of British employees would rather be paid less in exchange for a four day week and over a third (37 percent) would choose to decline a job if flexible hours are not offered. The report claims that offering greater flexibility will prove key to preventing employees from driving the ‘Great Resignation’ – with nearly one in three (31 percent) employees changing jobs in the past two years and a quarter (25 percent) of employees actively seeking a new opportunity in 2022. (more…)

Great Resignation: nearly half of job quitters think they were better off in the old job

Great Resignation: nearly half of job quitters think they were better off in the old job

great resignationNearly half of people (43 percent) who quit their jobs as part of the so-called Great Resignation during the pandemic now think they were actually better off at their old job. This revelation comes from a six-country survey of nearly 4,000 people by UKG  that examines sentiment about quitting during the Great Resignation, including if job leavers felt that they made the right decision, the disconnect between managers and employees about why people quit, and the chances workers would boomerang back to their old job. (more…)

Inflexible return to office strategies starting to damage workplace experience

Inflexible return to office strategies starting to damage workplace experience

commuters return to officeFuture Forum, a consortium launched by Slack with Boston Consulting GroupMillerKnoll and MLT to “help companies reimagine work in the new digital-first workplace”, has released the latest findings from its global Pulse study, which shows that employee experience scores are plummeting for knowledge workers who have been asked to return to the office full-time and for those who do not have the flexibility to set their own work schedules. More than a third of knowledge workers (34 percent) are now working from the office five days a week, the greatest share since Future Forum began surveying in June 2020. With this shift, employee sentiment has dropped to near-record lows, including 28 percent worse scores on work-related stress and anxiety and 17 percent worse scores on work-life balance (compared to last quarter). (more…)

Economic inactivity hits record high amongst men aged over 50

Economic inactivity hits record high amongst men aged over 50

Economic inactivity levels amongst men aged 50-64 in December 2021 to February 2022 were the highest since records began, according to new analysis from Rest Less. The firms analysed labour market data from the Office of National Statistics and found that economic inactivity levels amongst men aged 50-64 reached 1.47 million in the latest official figures – the highest they have ever been since records began in 1992. The economic inactivity rate amongst this demographic reached a nine-year high and is now at 23.1 percent. (more…)

Women working from home more likely than men to say their careers are harmed

Women working from home more likely than men to say their careers are harmed

working from homeWomen working from home regularly are less positive about their career prospects than men are, new research suggests. They are also less optimistic about getting recognition for good work and being included in important consultations when compared to men who often work from home, the study found. The research, presented at the British Sociological Association’s online annual conference today [Wednesday, 20 April 2022], comes at a time when employers and staff are deciding how much they will work from home as pandemic restrictions are removed.

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UK tech talent shifts from London to other cities

UK tech talent shifts from London to other cities

The number of professionals with technology skills is expanding at a faster pace in the North of England than in London and the South of England, as demand for technology talent increases around the country, according to the latest U.K. Tech Talent Tracker from Accenture. The tracker, which analyses LinkedIn’s Professional Network data, finds that the pool of technology talent in cities in the North of England has grown on average by 15 percent in the last year, outpacing southern cities that grew on average at 9 percent. Technology talent in cities across Scotland and Wales has grown on average by 5 percent and 9 percent respectively.  (more…)

Firms must do more to earn the commute of hybrid workers

Firms must do more to earn the commute of hybrid workers

hybrid work office designSteelcase has released a new global research report which reveals that outdated offices are no longer conducive to employees’ shifting needs for greater control, comfort, and privacy. The study found that if a workplace was made more in tune with shifting expectations, staff were more engaged, productive, connected to their organisation’s culture and less likely to leave.  The Steelcase report, The New Era of Hybrid Work, surveyed nearly 5,000 workers in 11 countries. The findings reveal that whilst 87 percent of respondents now spend at least some of their time working from the office as the threat of the pandemic recedes, six in ten (58 percent) prefer working from home. One of the most appealing attributes of a home for two-thirds (65 percent) of UK employees is that they have a dedicated space for work. Whereas in the office, the majority (59 percent) have desks in open areas, with minimal privacy. (more…)

The Great Resignation and what is really happening

The Great Resignation and what is really happening

Great ResignationThe ‘Great Resignation’ is a buzzphrase that first appeared in May 2021, and has struck fear into the hearts of employers ever since. Coined in the US, the term refers to the unprecedented rise in the number of workers resigning from their jobs following the pandemic. There has since been a huge amount of research trying to work out why this has happened. Are workers quitting work entirely, as the pandemic makes us re-evaluate our priorities? Or are they quitting to pursue their dreams in a different career? (more…)

New technology will increase size of workforce, poll claims

New technology will increase size of workforce, poll claims

new technologyA new survey from Protiviti and the Oxford Global Centre on Healthcare and Urbanisation at Kellogg College claims that 74 percent of global business executives believe that emerging and new technology will increase the size of the workforce in the next decade. It also suggests that 86 percent expect the types of jobs their employees will perform to be different from today — a figure that remains nearly unchanged regardless of where the leader’s company is headquartered globally. (more…)

The lumpy, bumpy uncertainty of the future of work

The lumpy, bumpy uncertainty of the future of work

future of workIt’s now two years since we experienced the first true, sharp jolt of the pandemic. And even if we had now fully escaped its grip, the intervening 24 months would have proved transformational. The clichés, groupthink and glib takes may still shape much of the discourse about the ‘future of work’ but many of the instant experts of the Spring and Summer of 2020 now appear to have moved their insight on to other matters. And that leaves the rest of us with the task of working out what is actually going on. (more…)

ESG objectives now a priority for quarter of organisations

ESG objectives now a priority for quarter of organisations

ESG businessNew research from Cloudera claims that more than one quarter (26 percent) of business decision makers are now putting increasing investment into environmental, social and corporate governance (ESG) initiatives, ahead of developing new products/services (24 percent) or accelerating financial growth (21 percent). Additionally, knowledge workers believe as much as 49 percent of the data their business uses on a day-to-day basis should be focused on doing good for the communities it serves. This is a sentiment 52 percent of business decision makers agree with — a clear indication that profit and ESG are no longer mutually exclusive pursuits. (more…)