December 10, 2019

Wellbeing is increasingly in the hands of HR and the future looks bright as a result

The future of workplace wellbeing is in HR’s hands; hence, the discipline is even more pivotal to organisational success. As admin and payroll become increasingly digitised and automated, time can be spent more effectively, supporting good people to do good work. Influential people are now catching on to the importance of wellbeing. New Zealand’s Prime Minister Jacinda Ardern told More than GDP, “We need to address the societal wellbeing of our nation, not just the economic wellbeing”. Her government will set a budget to measure wellbeing and the long-term impact of policy on the quality of people’s lives. More →

December 9, 2019

Two-thirds of major world cities set for weaker growth as global slowdown bites

by Neil Franklin • Cities, News

A new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. More →

December 6, 2019

Firms turning to “corporate wellness” programmes as a solution for stress

by Neil Franklin • News, Wellbeing

A new report by workforce performance firm CR Worldwide (CR), drawing on data from 287,000 employees at over 120 large enterprises, claims that as the incidence and awareness of the issue of stress grows, firms have responded with a 22 percent year-on-year increase in UK spending on perceived solutions such as corporate getaways with companies now spending an average of £3,100 per person per trip. The proportion of activity or nature-based business trips involved in such wellness programmes has more than doubled to 56 percent in 2019 compared to the previous year. With human-animal interactions believed to have therapeutic effects on mental health, UK firms are also increasingly offering ‘nature tourism’, from orangutan treks in Borneo to working with endangered rhinos in Rwanda and shark diving. Husky sledging is now among the top 5 Christmas corporate travel activities for UK firms. More →

November 26, 2019

Freelancer confidence is “lowest on record”

by Neil Franklin • Business, News

Freelancers’ confidence in the economy is the lowest on record because of their concerns about the economy, Brexit and IR35. They are, however, working more and charging higher day rates – seemingly to prepare for hard times ahead. According to the freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed), confidence in the economy has fallen to historic lows both for the coming three months and the coming 12 months. Freelancers’ confidence in their own businesses has also dipped to a record low. More →

November 26, 2019

UK could receive £83 billion GDP boost by halving regional productivity gap

by Jayne Smith • Business, News

UK GDP could be boosted by 4 percent – or £83 billion – if local areas with below-average productivity levels could make up half of the gap, according to PwC’s latest UK Economic Outlook. The report examines UK regional productivity, revealing wide variations in domestic productivity per job, as well as from an international perspective. PwC concludes that UK output per worker is around 10-15 percent behind Germany, France and Sweden and more than 30 percent behind the US. More →

November 21, 2019

A side hustle the only way for many young people to make ends meet

by Neil Franklin • Flexible working, News

Britain’s graduate debt crisis means that nearly half of current students and recent graduates (42 percent) have taken up a so-called side hustle or joined the gig economy, in order to combat debt, afford rent and the rising cost of living. One in five (22 percent) also cited having two additional jobs, with the next generation of workers concerned about the overwhelming cost of living. More →

November 19, 2019

Back of the net – a conversation with Chris Lewis about leadership in the 21st Century

by Mark Eltringham • Podcasts, Premium Content

Is there a crisis of leadership in the 21st Century? And if so, what can we do about it? I had the opportunity to address the issues in conversation with Chris Lewis, the co-author along with Dr Pippa Malmgren of the Business Book of the Year The Leadership Lab, diverting briefly to talk about the golden age of football and its lessons for the modern day leader and how the challenges of leadership are not just evident in organisation, but society as a whole. More →

November 15, 2019

Migration of flexible offices to contribute £12 billion to local economies

by Neil Franklin • News, Property

The increasing migration of flexible offices to the outskirts of major UK cities is creating a ‘flex economy’ that could contribute more than £12 billion to local economies in the next decade. That’s according to the first comprehensive socio-economic study of second-city and suburban workspaces. The analysis, conducted by economists on behalf of Regus, claims that as Brexit uncertainty continues to impact the economic landscape, individual flexible workspaces in suburban areas could be a welcome lifeline for local economies.

November 15, 2019

UK industries leading global charge for AI investment, study claims

by Neil Franklin • AI, News

A new study claims that the UK is at the forefront of a global drive for Artificial Intelligence investment, with a near universal 99 percent of UK respondents planning to invest in AI, versus 80 percent in North America, and 83 percent in mainland Europe. The report from IFS (registration) sets out to explore the perception and adoption of AI within core industries worldwide. It polled the views of 600 decision makers working with technology and suggests that AI will predominantly be used to make existing workers more productive (60 percent) and add value to products and services (48 percent).

November 15, 2019

One in five businesses plan to drop contractors because of IR35

by Neil Franklin • Business, News

A fifth of of UK businesses say they are planning to axe contractors completely to ensure they are fully tax compliant ahead of the IR35 changes planned for next year, according to a survey from recruitment firm Harvey Nash. The 2019 Harvey Nash IR35 Sentiment Survey (registration) of 1,200 businesses and contractors claims to reveal the confusion that still reigns around IR35 legislation among both contractors and the businesses that rely on them. The findings suggest that 83 percent) of businesses believe IR35 will impact negatively on their industry. Meanwhile 60 percent of contractors say they have experienced increased anxiety, stressing or worrying about how the new rules will affect them. More →

November 13, 2019

Remote working has mixed effect on wellbeing, stress and productivity

by Neil Franklin • Flexible working, News, Wellbeing

Nuffield Health has released a review of remote working and its impact it on companies and their staff. According to The effects of remote working on stress, wellbeing and productivity (registration), while remote and flexible work help people deal with the conflicting demands of their lives, the evidence is unclear on how they affect productivity, stress and wellbeing. More →

November 12, 2019

Uber Works may not be as good for workers as it is for businesses

by Shainaz Firfiray • Comment, Flexible working, Technology

Uber is still best known as a ride-hailing platform but it has been branching out into other industries. Food (Uber eats), electric scooters and bicycles (Jump), and now shift work with the launch of Uber Works. It is being trialled in Chicago, with plans to launch elsewhere soon, and enables casual workers such as cleaners, bar staff and warehouse workers to find work. More →