Search Results for: finance

Extrovert-run businesses are more likely to be growing than introvert-run ones

Extrovert-run businesses are more likely to be growing than introvert-run ones

businessesA new report of over 1,000 small business owners and decision makers by Hitachi Capital Business Finance claims that extrovert-run businesses are more likely to be growing in the current environment, and more likely to have plans to win more business in 2021. More →

Low paid workers have borne the brunt of the pandemic

Low paid workers have borne the brunt of the pandemic

low paid workersNew analysis by the Institute for Employment Studies has found that low paid workers are more than twice as likely to have lost their jobs during the pandemic and are at far greater risk of being temporarily laid off or having their hours cut. The research, funded by Standard Life Foundation, concludes that in this current lockdown it is likely that around two thirds of low paid workers – or four million people – are either temporarily laid off or working fewer hours than normal. This would be double the rate of work disruption for staff who are not classified as low paid. More →

Money troubles are more damaging to wellbeing of the self-employed

Money troubles are more damaging to wellbeing of the self-employed

wellbeingFinancial distress is more damaging to the wellbeing of the self-employed than those in employment, claims new research from Trinity Business School. According to the research, authored by Dr Martha O’Hagan-Luff at Trinity Business School, alongside fellow Trinity academics, financial problems are more strongly associated with lower levels of wellbeing for those that are self-employed. More →

Doing what you love may not automatically make you happier at work

Doing what you love may not automatically make you happier at work

There is a classic saying which has shaped our job choices for years: “Do what you love, the money will follow.” New research suggests this may be true, although not in the way it was originally conceived. The typical logic train has suggested job interest shapes satisfaction and, in turn, satisfaction may drive better performance. However, new research published in the Journal of Vocational Behavior provides some fresh perspectives. It turns out satisfaction has many facets. While interest is one component in job satisfaction, it is not the primary component. Elements such as the organization, relationships with colleagues, leadership and compensation are actually more important than interest in predicting satisfaction. More →

Employee happiness and loyalty tested by furlough schemes

Employee happiness and loyalty tested by furlough schemes

A newly commissioned survey of 1,000 people conducted by Censuswide on behalf of KnowBe4, claims that almost a third of respondents (28 percent) feel less loyal to their employer post-furlough. Of these individuals, 70 percent conceded to either not feeling supported by their employer, receiving little to no information or guidance prior to returning to work and/or did not receive regular communications from them. In fact, the actions employers take, or lack thereof, to ease the transition from furlough appears to play a significant role in employee sentiments upon their return to work.  More →

UKGBC publishes guidance to catalyse the delivery of net zero carbon buildings

UKGBC publishes guidance to catalyse the delivery of net zero carbon buildings

UKGBCThe UK Green Building Council (UKGBC) has published new guidance, Unlocking the Delivery of Net Zero Carbon Buildings, which examines how current barriers to the delivery of net zero carbon buildings can be overcome. More →

WorldGBC and global leaders call for historic Built Environment Day at COP26

WorldGBC and global leaders call for historic Built Environment Day at COP26

EnvironmentThe World Green Building Council joins nine international organisations to sign a letter to COP26 President, Alok Sharma, requesting a Built Environment Day at the climate summit in November 2021. The day at COP26 would be dedicated to the action pathways to accelerate the decarbonisation of the built environment, and it will demonstrate how business and governments are catalysing solutions to the climate crisis. More →

Maternity leave causes women to lose out on £3.2 billion

Maternity leave causes women to lose out on £3.2 billion

Maternity leaveWomen taking maternity leave collectively lose out on £3.2bn worth on earnings, a fall of nearly half their average annual salary, claims new research from Direct Line Life Insurance. More →

Focus shifts to refurbishment as new office building in London falls by half

Focus shifts to refurbishment as new office building in London falls by half

office building and constructionThe construction of new offices in central London has declined by half (50 percent) in six months as developers and occupiers shift their focus to refurbishment, according to Deloitte Real Estate’s latest London Office Crane Survey. The crane survey analysed office building data over the six months to 30 September, and included a poll of London’s biggest developers conducted at the end of September. The total office space under construction in central London is now 15.1 million sq ft. This is similar to the level recorded in the previous survey (15.3 million sq ft, the highest since 2002) as developments are now taking longer to complete. More →

Unused office space could cost London businesses almost £13 billion

Unused office space could cost London businesses almost £13 billion

Office spaceUnused office space after coronavirus could cost London-based businesses almost £13 billion according to a new report by Space Three Two, a new office timeshare marketplace born out of lockdown. According to a survey of London office workers, employees want to spend an average of 2.7 days back in the office once all Covid-19 restrictions have been lifted. 1 in 10 workers said didn’t want to go back to the office at all. More →

Designing your employee financial wellness program

Designing your employee financial wellness program

For a lot of employers, the idea of an employee financial wellness program can be something of an afterthought. That is, beyond providing fair pay and a clear policy regarding taxation and benefits, it can seem unnecessary to take any other action regarding employee finances. What’s becoming more and more apparent, however, is that employers do need to take a more active approach toward implementing employee financial wellness programs. More →

Workers give over one thousand unpaid hours overtime a year to their employers

Workers give over one thousand unpaid hours overtime a year to their employers

OvertimeMillions of Brits give up more than a month of time each year by working additional unpaid hours, totalling five years overtime in their working life, according to new research by Hitachi Personal Finance. In a poll conducted for this year’s National Work Life Week, data suggests how much time Brits are spending working past their contracted hours and what else the nation could be doing with this time. More →

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