Search Results for: education

Global lack of female leadership, despite benefits to companies’ performance

Global lack of female leadership, despite benefits to companies’ performance 0

Female leadership still not high around the world

Gender inequality remains high around the world – despite the fact that new research suggests how female leadership increases companies’ performance. A new report published by IZA World of Labor looks at the reasons for the persistence of wage and leadership gender gaps and their causes and consequences and emphasizes the beneficial role of female leaders in reducing gender inequality. The report claims that gender wage gaps and women’s under representation in leadership positions exist at remarkably similar magnitudes across countries at all levels of income per capita. In a new IZA World of Labor report the economist Mario Macis of Johns Hopkins University, USA summarizes recent research which shows that although women in many developed countries have reached parity with men in terms of formal educational attainment and employment, earning disparities between the genders are actually greater in richer countries.

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Thirteen ways the physical environment shapes knowledge management

Thirteen ways the physical environment shapes knowledge management

Knowledge management (including its creation, transference and storage) within an organisation is now widely considered to be one of the primary drivers of a business’s sustainability. Driven by changing demographics, businesses are recognising the ways in which valuable knowledge is lost when employees leave the organisation, including when they retire or are made redundant in response to changing economic conditions. Geyer, an Australian design practice, is just one organisation that has undertaken important research to understand the role of the physical environment in knowledge management.The aim of the research was to explore the kinds of environments and their attributes (if any) that could support the management of knowledge in an organisation. The research also aimed to expand the focus of existing knowledge management literature; from information technology to workplace design.

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Millennial women predicted to earn less than male counterparts over their careers

Millennial women predicted to earn less than male counterparts over their careers 0

Millennial women predicted to earn less than male counterparts over their careers

It has been suggested before that the gender pay gap is a reflection of what happens to women when they become parents – and a new piece of research backs up this theory by revealing an enduring pay penalty associated with having children; which, unless tackled this will mean that current and future generations of working women will continue to face a significant life earnings penalty. According to a new analysis published today (Wednesday) by the Resolution Foundation as part of its Intergenerational Commission, while the gender pay gap for millennials in their 20s has halved in a generation to just 5 percent, much of that progress looks set to be undone with early signs showing that the gender pay gap continues to escalate as women enter their 30s and 40s. This suggests that millennial women will still earn significantly less than their male counterparts over their careers.

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KPMG first UK firm to publish socio-economic make-up and diversity of staff

KPMG first UK firm to publish socio-economic make-up and diversity of staff 0

KPMG first UK firm to publish socio-economic profile of staffThe first business in the UK has published detailed workforce data outlining the socio-economic make-up of the firm as a way of understanding its workforce diversity. KPMG has published data, which measures employees’ parental occupation and education and the type of school employees attended along with graduate and school leaver socio-economic data from the past three years. It reveals that the vast majority of the workforce – 74 percent of respondents – received a state school education: 60 percent attended a non-selective state school and 14 percent attended a selective state school, with 23 percent receiving private education.  Additional detail on parental education shows that 48 percent have a parent or guardian with a university degree, while 43 percent do not. On parental occupation, 58 percent have parents in a higher managerial, administrative and professional occupation, 16 percent have parents employed in a manual occupation and 11 percent have parents in intermediate occupations. KPMG is the first business in the UK to share details of the parental occupation of its workforce, which is recognised by social mobility experts as a strong indicator of socio-economic background.

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Commuting – stressful, annoying or just another opportunity?

Commuting – stressful, annoying or just another opportunity? 0

Unless you work at home you will have to commute to work in some form or another and for many people this part of the day can become such a negative factor it can impact on productivity, job satisfaction and even cause depression. However, what if we tried to look at commuting in a different light? What if we took a step back and attempted to turn all those wasted hours into something good and maybe even something productive? Depending on what source you read and when the study was done the average commute in the UK is between 50 minutes and 1 hour 38 minutes. This mean in any given working week most people are spending around 10 to 16 hours getting to and from work. If this amount of “down time” appeared during the working day business owners and managers would take it very seriously indeed. However, as the time falls outside of the employees work remit and essentially the company doesn’t need that person before and after work it is not discussed. The problem is, employees do feel like it is part of the working day and this leads to resentment, stress, fatigue and possible depression not to mention lower productivity.

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Are these the best places to work in 2017?

Are these the best places to work in 2017? 0

1_expediaRecruitment site Glassdoor has announced the winners of its ninth annual Employees’ Choice Awards to find the best places to work in North America and parts of Europe. The Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review, about their job, work environment and employer over the past year. This year, the Glassdoor Employees’ Choice Awards feature six categories, honouring the Best Places to Work across the UK, US (both large and small companies), Canada, France and Germany. There is one category in the UK: 50 Best Places to Work (honouring employers with 1,000 or more employees). Winners are ranked based on their overall rating achieved during the past year.  The top five UK Best Places to Work in 2017 are Expedia, ARM, HomeServeUK, Mott MacDonald and Hays plc

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Leading companies around the world show support for LGBT workplace equality

Leading companies around the world show support for LGBT workplace equality 0

Leading companies around the world show support for LGBT workplace equalityRecord number of major companies and law firms are advancing vital policies and practices to protect lesbian, gay, bisexual, transgender and queer (LGBTQ) workers around the world. This is according to the 2017 Corporate Equality Index released by the Human Rights Campaign (HRC) Foundation, the educational arm of the US’ largest LGBTQ civil rights organization. This year, a record-breaking 517 businesses earned the CEI’s top score of 100, up from 407 last year. That’s a single-year increase of more than 25 percent — the largest jump in the 15-year history of the United State’s premiere benchmarking tool for LGBT workplace equality. Leadership demonstrated by these businesses, reflect more than a decade of work inside these companies to expand LGBT, and particularly transgender, workplace equality. The Corporate Equality Index (CEI), launched in 2002 to assess LGBT-inclusive policies and practices at Fortune 500 companies, also highlights how corporate leaders are increasingly stepping up to play a leading role in opposing anti-equality legislation. Through their actions, taken as LGBTQ workers and customers have been facing a record number of anti-LGBTQ bills in state legislatures across the US, business leaders are building on their longstanding commitment to expanding workplace equality for LGBTQ people.

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Germany slides down rankings as one of world’s top employment talent hotspots

Germany slides down rankings as one of world’s top employment talent hotspots 0

Germany falls down world rankings for talentGermany has slipped down the rankings as one of the world’s top employment talent hotspots, with other established economic powers such as the UK and France playing only minor roles in sustaining Europe’s pre-eminence. According to the World Talent Report by IMD Switzerland, Denmark, Belgium, Sweden and the Netherlands occupy the top five places in the rankings – the first two retaining their standings from last year. Finland, Norway, Austria, Luxembourg and Hong Kong complete the top 10, with Germany 11th, Iceland 16th, Ireland 18th, the UK 20th and France down in 28th. The objective of the World Talent Report is to assess how countries sustain the talent pool necessary for businesses to maximize their performances. Austria was one of the biggest movers over the past 12 months, climbing 11 places to break into the top 10, while Belgium rose by six positions to take third spot. By contrast, Germany slipped out of the elite, dropping from 7th to 11th, after being impacted especially heavily by the economic crisis affecting much of Europe.

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Britain is missing a trick by not getting workplace training right

Britain is missing a trick by not getting workplace training right 0

workplace trainingNew research from PwC highlights Britain’s failure to provide opportunities for young people. The study brings attention to the fact that the country ranks a lowly 21st out of 35 OECD members for its ability to get 15 to 24 year olds into work, education or training. If the UK could equal Germany’s low youth unemployment rate it would stand to gain around £45 billion, a 2.3 percent increase in GDP. The PwC report compares numerous countries, however Germany, Austria and Switzerland come out on top when it comes to providing career opportunities and workplace training to young people. Perhaps a clue to their success is that these nations all have so-called ‘dual education systems’ where work-based learning sits with equal stature alongside traditional academic study.

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Reducing paper-weight is the key to maintaining a healthy business in the digital age

Reducing paper-weight is the key to maintaining a healthy business in the digital age 0

cameraThe idea of creating a paperless office has been circulating for at least 40 years. Business Week famously forecast its arrival in 1975, predicting that paper would be on its way out by 1980 and dead by 1990. However, it’s almost 2017 and even with new and innovative digital technologies that enable us to operate in a highly connected world, the paper-light office is still far from our reality. Yet institutions from a variety of different sectors are leading the way when it comes to driving initiatives forward to going paperless and paper-light. For example, to address the need of approximately 12 million people in the UK that annually fill in a self-assessment tax form, plans have been put in place by the government to give individual digital accounts, aiming to allow more than 50 million individuals and small businesses to manage their tax affairs online. As a result, costs will be significantly cut by erasing expensive and laborious bureaucratic processes in the long-term, whilst fundamentally streamlining and simplifying intricate business services and applications.

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Gender earnings gap in tech sector is significantly higher than national average

Gender earnings gap in tech sector is significantly higher than national average 0

homepage-insideThe high tech sector may pride itself on offering some of the most attractive and modern workplace environments, but when it comes to equal parity between the sexes it seems out of date. New research from Mercer claims that at 25 percent, the gender earnings gap in the UK’s high tech sector is significantly higher than the national average (18 percent). The consultancy also found that small companies have the largest gap, with a 30 percent difference in (median) pay between all male and female employees, and a 26 percent gap when considering mean base salaries. This difference reduces as company sizes grow. Where the data allowed comparison of pay between women and men in equal job roles, the pay gap was much smaller, typically 8 percent. This is comparable to the UK norm of 9 percent for this type of analysis. The reasons for this gap is due on further analysis to a multitude of factors including the reluctance of many women to enter the tech field, not enough effort being put into promoting women and a lack of will in promoting flexible working patterns.

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Number of people who commute over two hours a day increases by a third

Number of people who commute over two hours a day increases by a third 0

Number of people who commute over two hours a day increases by third

One in seven UK employees commute over two hours or more each day. This represents an increase of nearly a third (31 percent) over the past five years, which claims the TUC, is due to a combination of low wages, high house/rental prices and the government’s lack of transport infrastructure spending, According to a new analysis by the union to mark Work Wise UK’s Commute Smart Week, in 2015 3.7 million workers had daily commutes of two hours or longer – an increase of 900,000 since 2010 (2.8 million). In 2015 one in seven UK employees (14 percent) travelled two hours or more each day to and from work, compared to one in nine in 2010 (11 percent). UK workers spent 10 hours extra, on average, commuting in 2015 than they did in 2010. This is the equivalent of an extra 2.7 minutes per day. London (930,000) has the highest number of employees who make long commutes, followed by the South East (623,000) and the East of England (409,000); while workers in Northern Ireland (+57 percent) have experienced the biggest rise in long commuting, followed by the South East (+37 percent) and the West Midlands (+27 percent).

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