Search Results for: organisations

Organisations still adjusting to reality of `gig economy`

Organisations still adjusting to reality of `gig economy`

gig economyA new report from Aon claims that the so-called gig economy will continue to flourish but many employers are still adjusting to its realities. Using research from HR and gig workers across Europe, the report, Gig Economy: Financial Security or Greater Control, claims that 26 percent of European HR directors believe their workforces will have 51-75 percent of gig workers in five years’ time, while 18 percent of UK HRDs believe 75 percent or more of their workforce will be made up of contractors in 5 years’ time. Nearly all HRDs believe providing health and benefits packages would improve gig worker recruitment (94 percent), engagement (93 percent), productivity (88 percent) and retention (95 percent). More →

Organisations think empowering people is the route to success (but only a few act)

Organisations think empowering people is the route to success (but only a few act)

Nearly 90 percent of organisations say their success depends on empowering frontline employees to make decisions in real, but only 7 percent offer people the tools they need, according to a new report from  Harvard Business Review Analytic Services, sponsored by ThoughtSpot. The report, The New Decision Makers: Equipping Frontline Workers For Success, analyses the sentiments of 464 business executives from 16 industry sectors in North America, Europe and Asia Pacific.  Only one-fifth of organisations say they currently have a truly empowered and digitally equipped workforce while 86 percent agree their frontline workers need better technology and more insight to be able to make good decisions in the moment. More →

Organisations should seize this opportunity to look at their values

Organisations should seize this opportunity to look at their values

Not since 911 has one event triggered such global impact and uncertainty across all businesses and industries. The unprecedented speed and scale of organisational change has challenged even the prepared leadership team. More →

Half of strategic decision making in organisations fails

Half of strategic decision making in organisations fails

More than half of all strategic decisions made by directors turn out to be wrong according to new research, conducted by PHD student Joep Steffes at Nyenrode Business University. This is due to time constraints, not having all of the information, and bias which often causes directors to make important decisions that are not based on reason but ‘gut’. These decisions, which could be deciding not to enter a new market or to pursue a merger, require more thought than your average decision – a director can’t simply rely on automatic actions, speed, and intuition. More →

Majority of organisations remain unprepared for executive pay gap reporting

Majority of organisations remain unprepared for executive pay gap reporting

Three-fifths of UK organisations are still not ready to report their executive pay gap almost twelve months after the legislation came into force, claims a new poll by HR services provider MHR. This year UK listed companies with more than 250 employees are, for the first time, obliged to publish the pay ratio between their CEO and “average” employees in early 2020 and explain the reason for their executive pay ratios. More →

RICS report calls on organisations to adopt more responsible policies

RICS report calls on organisations to adopt more responsible policies

The Royal Institution of Chartered Surveyors (RICS) has launched a new ‘Responsible Business Report with recommendations for real estate firms to develop and implement responsible business practices, to improve their business culture, reduce their environmental impact and attract and retain the brightest talent. Best practice case studies from leading companies such as CBRE, Sodexo, John Lewis and Vinci Facilities are included in the report. More →

Organisations must meet needs of young parents or risk failure

Organisations must meet needs of young parents or risk failure

Organisations face a problem that could impact their very survival. Parents want to be supported by their employers during the transition to becoming working parents, but organisations are currently ill-equipped to deal with parental leave, or to keep people engaged throughout it. In a world of relentless change, companies failing to react to and meet the expectations of this part of their workforce risk disaster. More →

UK organisations falling behind on AI

UK organisations falling behind on AI

Image from Microsoft AI reportUK organisations risk falling behind global competitors unless they act now to accelerate their use of AI technology, according to a new report unveiled today by Microsoft UK. The report claims that organisations currently using AI are now outperforming those that are not by 11.5 percent – a boost that, in the face of unprecedented economic and political uncertainty, UK businesses can ill-afford to pass up, the authors suggest. More →

Growing number of organisations pledge to take action on climate change

Growing number of organisations pledge to take action on climate change

climate change and the EarthAs world leaders meet in New York for today’s UN Climate Action Summit, a group of 59 large multinationals including Swiss Re, Ikea, and L’Oréal have signed up to the UN Global Compact to pledge to cut greenhouse gas emissions. The compact now has 87 corporations as signatories, including Astra Zeneca and Unilever who signed up earlier this year, with a combined market value of $2.3 trillion. As is the case with countries, there is still a way to go for more companies to take decisive action on climate change, however. More →

Organisations upskilling to make sense of people data

Organisations upskilling to make sense of people data

New research claims that there has been a huge rise in the number of people analytics teams as HR is called on to take an increasingly strategic role in shaping business performance. Innovation generation: the big HR tech disconnect, a report released by Thomsons Online Benefits, claims there has been a significant increase in the proportion of UK-based global organisations building people analytics teams, rising from 8 percent to 43 percent in just three years. With tech talent in short supply, the survey of 60 HR decision makers from UK-based companies suggests that employers are looking to upskill existing HR team members to make sense of the data now available to them. More →

Majority of organisations fail to offer menopause support

Majority of organisations fail to offer menopause support

Forth With Life, a company that provides blood sample analysis and bio-marker tracking to promote and support health and wellbeing, recently undertook a survey exploring the existence and effectiveness of menopause support options available in the workplace. Their sample group consisted of 1000 women, all over 45 years of age and in either full time or part time employment, from all around the UK. Of those women, 77 percent had already been through the menopause, or were currently experiencing symptoms.

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British organisations could save £61 billion a year by prioritising wellbeing

British organisations could save £61 billion a year by prioritising wellbeing

Vitality has published the results of its annual Britain’s Healthiest Workplace study, developed in partnership with RAND Europe and the University of Cambridge. The report claims that many businesses are failing their employees, with three-quarters of ill-health related absence and presenteeism last year, equating to £61bn, arising from factors such as depression, poor lifestyle choices, and stress – all of which can be targeted through health and wellbeing initiatives. The study also suggests that employers lose, on average, 35.6 working days per employee per year due to health-related absence and presenteeism.

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