Search Results for: workplace

Millennials prefer the traditional job model to the ‘gig economy’

Millennials prefer the traditional job model to the ‘gig economy’ 0

millennials-prefer-the-traditional-job-model-to-that-of-the-gig-economyOrganisations that offer a range of perks, flexible hours and contract work to attract younger workers may be wasting their time, as it seems millennials prefer a more traditional approach to that of the gig economy. In a survey by the US-based Career Advisory Board of 500 respondents representing a diverse sample of American workers, 91 percent of the millennials surveyed reported they would like to work at a single full-time job rather than embrace the gig economy and 81 percent overall said they would prefer a single position that’s full-time. Of the 81 percent of respondents of all ages who’d prefer a single full-time position, an overwhelming number didn’t mind going into an office, but would like some location flexibility (59 percent). Most surprisingly, millennials were more likely to want to work in an office every day than their older colleagues. And as for special perks like onsite food, wellness perks and day-care, less than 1 percent of respondents preferred special company perks to the more crucial benefits such as medical/dental plans, paid time off and retirement benefits, which rated the most important offerings after competitive salary.

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Autumn Statement could undermine the growth of London’s tech firms 0

london-tech-firmsChanges in business rates announced in yesterday’s Autumn Statement are likely to hit hardest the areas in the Capital such as Shoreditch and Fitzrovia where innovative tech companies are located, commented Jon Neale, head of UK Research, JLL. “The impact will no doubt undermine government plans to boost tech investment under its ‘Industrial Strategy’ announced earlier this week,” he said. “Meanwhile, office costs are high in London and post Brexit we need to minimise the risk that companies, will see cheaper continental cities such as Berlin as better bet place to set up shop.” He did add however that the promised “£1.3bn to improve roads and ease congestion is welcome and is likely to unlock development sites and promote economic development in many parts of the country. If the UK is to really address the challenges and opportunities of Brexit, investment in infrastructure needs to be more ambitious as well as more focused on an increasingly digital, hi-tech future. Green and smart city technology, new tram and underground networks and truly high-speed broadband would help provide precisely the platform UK business needs.”

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Asian HR executives ready to welcome our new robot overlords 0

artificial-intelligenceAsia is set to lead the world in the uptake of artificial intelligence in the workplace and human resources managers expect to be in the vanguard when it comes to managing in the new era. According to a report in the MIT Technology Review, two thirds of HR managers in the region expect to be dealing with AI within five years and nearly three quarters believe the technology will lead to substantial job losses over the same period. Although the report is based on interviews with just 60 executives it highlights a growing awareness among HR managers worldwide that they will have to adjust very soon to a new era in which people are working alongside the next generation of AI. The report also highlights the different perspectives that HR professionals have on the subject compared to the boardroom.

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UK government announces plans to invest in next generation technology

UK government announces plans to invest in next generation technology 0

PrintThe UK Government is at last to invest properly in the next generation of technological infrastructure to ensure the company keeps pace with developments in broadband, the Internet of Things and 5G. It is to invite the country’s major cities to bid for a chance to pilot 5G from next year. The technology is a key enabler of the Internet of Things (IoT) because it is up to a hundred times faster and more reliable than existing 4G connections. In turn, the IoT will boost the application of game changing technology such as driverless cars and smart building systems. Although the Government has recently focussed on headline physical projects such as HS2, it has come under sustained criticism for the country’s often creaking technological infrastructure.

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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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Employers and ambitious employees combine to boost a buoyant job market

Employers and ambitious employees combine to boost a buoyant job market 0

employers-and-employees-on-the-move-boasting-a-buoyant-job-marketThe job market continues to remain buoyant in the face of economic and political uncertainties, and this is matched by a noticeable enthusiasm among employees to move jobs, suggests new research. The Totaljobs Employment Index, which measures activity across the totaljobs website, has shown that job postings on the site were up 7 percent year-on-year (YoY) in October. But this demand seems to have been outstripped by jobseekers’ needs, with the number of applications on the website up 14 percent YoY. This means that despite an increase in vacancies, the number of applications per job has soared 7 percent. This trend continues when looking at the last three months (Aug-Oct) compared with the same period in 2015, as jobs rose 11 percent and applications increased 12 percent. Broken down across the UK, the best performing regions in terms of growth in jobs posted include the North West (up 17 percent), the East Midlands and Wales (both up 13 percent).

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Ethics a grey area for staff, when management fails to lead by example

Ethics a grey area for staff, when management fails to lead by example 0

Ethics a grey area for employees when management fails to show an example A third of people have taken a sick day in the last two years when they weren’t really ill, and one in 10 said that every sick day they’ve taken in the last 24 months has been false, a new study of British workers claims. And men are more likely than women to take a sick day when they’re not genuinely sick (36 percent of men compared to 30 percent of women). The survey of 2,000 employed adults in the UK also found that 36 percent would rather work for a company that paid them more, over one whose ethics they agreed with. Fifty-six percent of people in the study would continue to work for a company that avoided paying tax, and 14 percent said they currently work somewhere with managers or senior staff members that they believe are dishonest in their company’s tax returns. Yet despite all of this, nine out of 10 people say they do uphold ethical standards in their workplace.

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New advice published on how to better manage mental health at work

New advice published on how to better manage mental health at work 0

New Acas advice published on how to better manage mental health at workWorkplaces that create positive environments for mental health are more productive as they can reduce employee absences due to stress and anxiety at work, but managers need to learn the skills needed to help reduce stress and poor mental health among staff. This is according to a new report based on research by Essex Business School  commissioned by Acas. The report makes the human case that employers should prioritise mental health in the workplace to include careful management of those with mental health conditions, making reasonable adjustments to working practices where appropriate, and educating their whole organisation to challenge stigma. Leaders and line managers have a crucial role to play in reducing anxiety levels claims the report, and those trained in ‘people skills’ are best equipped to build trust and respect among their teams and individuals. This trust can help staff to disclose their mental health conditions so that appropriate support can be provided. Alongside the report Acas has published specific advice for managers on how to manage anxiety in the workplace.

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Google confirms it is to go ahead with massive new London HQ

Google confirms it is to go ahead with massive new London HQ 0

googleFollowing the announcement in September that Apple was to reaffirm its commitment to the UK with a major investment in the creation of a new headquarters building in London, the latest global tech giant to follow suit is Google. The firm has confirmed it is to open a new HQ in the capital which will see 3,000 jobs created by 2020. In an interview with the BBC, chief executive Sundar Pichai claimed that he is confident that the UK Government will not be throwing up barriers to the movement of skilled labour in the wake of the Brexit vote. Based on this he is moving ahead with the Bjarke Ingels Group and Thomas Heatherwick designed £1 billion Kings Cross development that will allow the firm to expand its UK workforce to 7,000 people. Heatherwick has previously worked with Google alongside Bjarke Ingels Group on the design of their Mountain View headquarters in California. He was drafted in to work on the London project after a previous design was rejected because it was ‘boring’.

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Employers as well as workers behind the creation of the gig economy

Employers as well as workers behind the creation of the gig economy 0

Employers and workers are both driving the creation of gig economyEmployers and workers are both driving the creation of a temporary, independent workforce, but despite the benefits, there are some significant management challenges, claims two new EY surveys focusing on the gig economy. Among large organisations (100,000 employees or more) surveyed, 49 percent said they increased their use of gig workers in the last five years and 40 percent of organisations expect to increase their use of contingent workers in the next five years. One quarter expect 30 percent or more of their workforce to be contingent workers by 2020. On the employee side, the research shows more people are choosing to do contingent work; 73 percent of the 1,008 short-term contingent workers surveyed had positive reasons for their independent work arrangement, with only 20 percent saying they were short-term workers due to a lack of suitable full-time positions. Sixty-six percent believe the benefits of contingent working outweigh the downsides always or most of the time compared to just 6 percent who believe the opposite.

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Two thirds of female professionals’ jobs downgraded after career break

Two thirds of female professionals’ jobs downgraded after career break 0

Two thirds of female professionals' jobs downgraded after career breakA lack of flexible roles means that two thirds of professional women who return to work after a career break, work fewer hours than they prefer or go into lower-skilled or lower-paid roles, claims new research by PwC, in conjunction with Women Returners and 30% Club. 427,000 UK female professionals are currently estimated to be on a career break and likely to return to the workforce in the future. Of those, three in five (249,000) are likely to enter lower-skilled roles when they return to work. This has serious implications for earnings as this downgrading is associated with an immediate 12-32 percent reduction in hourly earnings, depending on whether the woman remains with the same employer. A further 29,000 women returning to part-time work would prefer to work longer hours but are unable to due to a lack of flexible roles. Altogether, two-thirds of (or around 278,000) women could be working below their potential when they return to the workforce.

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