Search Results for: business

April 17, 2013

Government approach to efficiency yields savings, but is it sustainable?

by Mark Eltringham • News, Public Sector

A new report from the UK’s National Audit Office (NAO)has praised the work of the Efficiency & Reform Group (ERG), part of the Cabinet Office in delivering over £5 billion of savings in central government but has challenged the ERG to make them sustainable over the longer term to meet the Government’s target of making annual savings of £20 billion by 2015. The NAO report welcomes the achievements of the ERG so far but expresses its concerns that many of the savings had been achieved with quick wins related to the renegotiation of existing contracts, staff cuts and the cancellation of marketing budgets, which had already begun to tail off.

April 16, 2013

UK employers gain confidence to start recruitment of new staff

by Sara Bean • Knowledge, News, Public Sector, Workplace

UK businesses are slowly gaining confidence in hiring new staff this year and the majority of employers (79 per cent) don’t plan any job losses. This is according to the Barclays Job Creation Survey 2013 which found that while the proportion of larger employers that plan to create jobs this year has fallen to 65 per cent from 72 per cent in 2012, mid-sized businesses hiring intentions are up to 71 per cent from 65 per cent. The majority of those employers who do intend to hire remain cautious however, with 73 per cent planning to have sales growth lead to job creation as opposed to job creation creating sales (2012: 77 per cent).

April 15, 2013

UK firms want to stay in EU but majority favour employment law changes

by Mark Eltringham • Knowledge, News, Workplace

A new report from the British Chambers of Commerce shows that while the majority of businesses still favour the UK’s ongoing membership of the European Union, the majority would like to see significant changes in certain key legislative areas including employment law, health and safety regulations and regional development. The EU Business Barometer from the BCC gathered responses from around 4,400 firms of all sizes and from a range of sectors and found that over half (54 per cent) wanted changes to employment law, a similar proportion wanted changes to Health and Safety laws (46 per cent) and a third changes to policies related to regional development.

April 15, 2013

Better reporting required on employee engagement and wellbeing

by Sara Bean • Knowledge, News, Workplace

There is a need for more open reporting on employee engagement and wellbeing by FTSE 100 organisations according to an inaugural report into wellness by Business in the Community. The first Workwell FTSE 100 benchmark, which analysed how FTSE 100 organisations manage their 6.3 million employees gave an average score of just 21 per cent, which said BITC was “not unexpected” at this first stage of development. The highest scoring Workwell indicators were Diversity and Inclusion (at 50 per cent of total marks) and Health and Safety (at 44 per cent), showing how compliance drives measurement and reporting.

April 15, 2013

Office furniture ergonomics standard for increasing size of U.S. workers

by Sara Bean • Furniture, Knowledge, News, Workplace

The U.S. furniture manufacturer’s association the BIFMA (Business and Institutional Furniture Manufacturers Association) has revised its ergonomics guidance to “reflect changes in the size and shape of the North American working population,” This includes increased seat width, distance between armrests, support surface height for sitting and standing, and height clearance for legs and knees. It’s also developing a new “Heavy Occupant Chair Standard”. Although the BIFMA cannot be faulted for responding to consumer demand, the renewed guidance doesn’t address the core of the problem – the fact that over a quarter of U.S. workers (approximately 66 million people) are obese.

April 15, 2013

Report claims empty offices could provide 11,500 homes

by Mark Eltringham • Knowledge, News, Property

According to new research from Lambert Smith Hampton, there is nearly 12m sq. ft of obsolete office space in the UK’s regional markets which the firm estimates could yield as much as 7.4m sq. ft. of space suitable for conversion to residential use under the Government’s controversial new planning rules. The researchers claim that this equates to approximately 11,500 new homes. The government has relaxed the planning systems in the UK to encourage developers to shift the use of space although critics have argued that this may serve to distort the market for property in some areas as residential properties are potentially more lucrative than commercial properties.

April 10, 2013

Productivity challenges of modern office workers’ email deluge

by Sara Bean • Facilities management, Knowledge, News, Technology, Workplace

Possibly the most perplexing picture of the modern office is whether technology has made it more, or less productive. New research by Warwick Business School has found that on average UK office workers deal with 40 emails a day and one in 12 with 100 messages a day, which can’t be good for productivity. Meanwhile another piece of research by psychologists at the University of Chester reveals the somewhat unsurprising fact that an over reliance on social media reduces the ability to maintain ‘meaningful’ relationships due to a lack of visual emotional cues – which could further cast doubts over the efficacy of remote working. More →

April 10, 2013

Bosses bonus boom widens long-term pay gap

by Sara Bean • Knowledge, News, Workplace

Among the renewed debate on whether the Thatcher years sowed the seeds of social and economic inequality, comes new salary data by the Chartered Management Institute (CMI) and XpertHR, which reveals company directors (including chief executives) enjoyed pay increases almost twice the size of the average UK executive over the last 12 months. The research also found that the number of employers struggling with staff recruitment continues to increase year-on-year. Almost two thirds (64.7 per cent) of employers experienced problems with staff recruitment over the last 12 months – up from 58.7 per cent in the 2012 report and 48.9 per cent in 2011. More →

April 9, 2013

Growth in unified communications and BYOD but concerns remain

by Mark Eltringham • Knowledge, News, Technology, Workplace

A new report from research firm Ovum anticipates rapidly growing interest in the use of managed unified communications (UC) applications over the next two years. The survey, conducted with Dimension Data, found that over a third of large enterprises will be procuring managed UC services by 2015. The report also suggests that Bring Your Own Device (BYOD) policies are supported by 60 per cent of American businesses, with a growing number of firms looking to integrate their BYOD policies with their new approach to unified communications. One technology they won’t be looking to integrate is The Cloud which only a fifth claimed they would use for UC applications.

April 9, 2013

Private sector recruitment to increase, despite fragile economy

by Sara Bean • Knowledge, News, Workplace

Employers from the private sector intend to hire new staff in the coming months, despite UK businesses not anticipating economic growth in the next two quarters. According to the latest Business Trends report by accountants and business advisers BDO LLP UK businesses’ hiring intentions over the next two quarters, reached 96.0 in March, the highest since August 2011. Peter Hemington, Partner, BDO LLP, commented: “It is encouraging to see improvement in UK businesses’ hiring intentions, particularly in light of the imminent public sector payroll cuts which will add pressure to the unemployment rate.” More →

April 8, 2013

Winners announced for 2013 real estate thought leadership

by Sara Bean • Environment, Facilities management, News, Property

An organisation that helps businesses set up or expand their offices in the San Francisco Bay Area and Google’s campaign to source more sustainable building materials are amongst the initiatives which have been recognized in CoreNet’s awards for Industry Excellence, Economic Development and Sustainable Leadership. Fidelity, Panasonic, Google, the Brick City Development Corporation and the San Francisco Center for Economic Development are all named as winners for three annual best practices awards by the corporate real estate (CRE) and workplace association. The awards are presented each year to industry leaders who demonstrate best-in-class practices in advancing corporate real estate thought leadership. More →

April 5, 2013

Rigid attachment to best practice “killing” talent management

by Sara Bean • Knowledge, News, Workplace

A rigid attachment to ‘best practice’, rather than a focus on business needs, is preventing many organisations from unearthing and nurturing staff to drive their business forward and the danger of such an inflexible approach is killing organisations’ ability to properly manage talent. According to Anna Marie Detert, KPMG’s UK Lead for Talent – a tendency to copy or adopt the latest fad or fancy must be challenged if employers are to understand the talent they truly need to succeed, and plan effectively to find and keep it. More →