Search Results for: workplace

Small businesses failing to reap full benefits of digital skills

Small businesses failing to reap full benefits of digital skills 0

DigitalSmall businesses in the UK are failing to invest enough in digital skills even though there is clear link between digital orientation and commercial success, according to Lloyds Bank’s third annual Business Digital Index. The reports key finding is that firms with a string digital focus are twice as likely to see an increase in turnover than those that aren’t. The report also found that 65 percent of small business owners in the UK have already used digital tools to cut costs. On the down side, the study also found that 38 percent of small firms lack “basic digital skills”. The report claims that independent sole traders have the lowest levels of digital skills with around half having just basic levels of expertise. Despite this, over three quarters (78 percent) of these had no plans to invest to increase the levels of expertise in their business. The study gauged five factors that contribute to a firm’s digital skills score including managing information, communicating, transacting, creating and problem solving, with 62 percent of small businesses were found to have all five skills.

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Where are zero hours contracts and the gig economy taking us?

Where are zero hours contracts and the gig economy taking us? 0

gig-economyZero-hours contracts have had a bad time in the press. Mike Ashley, founder of Sports Direct, has taken a pounding after uproar over workers conditions, and after vehemently defending his position, he is remarkably making a U-turn, ditching the controversial zero-hours employment arrangements. A large number of companies new also turning their backs on zero hours, including Cineworld, Greene King and Wetherspoons. Casual work isn’t a new phenomenon. In fact, the secure, jobs-for-life of post-war Britain lasted merely a few decades. Prior to the 1940s casual work was the longstanding nemesis of the working class. The welfare state and the much-cherished political mantra of full employment emerged in a post-war, golden age. In the 1980s capitalism found its sway. Margaret Thatcher redefined worker’s rights, and it paved the way for employers to benefit again from a more flexible workforce and ultimately what we now refer to as the gig economy.

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Third of new parents in US feel bosses presume they’re less committed

Third of new parents in US feel bosses presume they’re less committed 0

working-parentsNearly 70 percent of expectant women and new parents say their employer tops the list of considerations when deciding to start a family. The new US-based study suggests that today’s generation of parents are determined to build families without postponing or abandoning career ambitions, but find themselves faced with an unfriendly and unsupportive environment at work. The third annual report in the Modern Family Index (MFI) series, commissioned by Bright Horizons Family Solutions found that women and men are waiting longer to have children, with the data showing births are down among women in their twenties and up for women over age 35. And though virtually all women surveyed are excited to return to work after a maternity leave, more than one in three new parents report feeling that their boss presumes they are now less committed to work and would prefer if they left.

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Staff engagement boosted by learning opportunities over benefits

Staff engagement boosted by learning opportunities over benefits 0

Staff engagement

It is often assumed that salary, bonuses and office perks are essential to staff engagement as the most important criteria valued by employees, but a new survey suggests otherwise. Instead, the survey by totaljobs found that across all age groups and industries what people value far more than anything else is learning on the job, selected by almost all (97 percent) of 6,829 people questioned. Loyalty and variety in a role, valued by 93 percent of respondents, also came out strong, emphasising that for most people work is about a lot more than a pay check. The need to feel they are progressing, learning new things and the company appreciates their contribution were all important factors in how much people enjoy their jobs. The other things valued most by employees were  variety in a role (93 percent); working autonomously (68 percent); perks and benefits (67 percent) and structured teams (64 percent).

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New CoreNet Global / HOK report explores impact of coworking on corporate real estate

New CoreNet Global / HOK report explores impact of coworking on corporate real estate 0

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The UK Chapter of CoreNet Global, in partnership with HOK’s WorkPlace practice, has released a new report that studies the impact of coworking from a corporate real estate (CRE) perspective. With coworking now one of the fastest-growing sectors of the commercial real estate market, the new report, Coworking: A Corporate Real Estate Perspective, examines the drivers of coworking from the demand and supply side, the industry risks and implications for corporate real estate, as well as information about the owners, coworkers and centres. The CoreNet Global / HOK Coworking report highlights the ideas that changing business priorities and the need to attract talented people, reduce real estate costs, improve speed to innovation and increase productivity are driving corporations to consider different workplace models, including on- and off-site coworking.

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London office sector still recovering from Brexit shock

London office sector still recovering from Brexit shock 0

Wells Fargo move to West EndAlthough the UK economy has shown a measure of resilience post referendum, take-up in the key London office market, although still on a quarter to quarter rise of 34 percent, is 7 percent below its long term average. According to the latest London Office Snapshot from Colliers, transactions were largely boosted by major deals to Apple (500,000 sq ft) and Wells Fargo (220,000 sq ft), with both deals for new headquarters buildings, in Battersea and the City core respectively, being a major vote of confidence for London. In the City, the level of take-up demonstrated some positivity as it rose by 8 per cent quarter on quarter, though the quarterly take up is still 26 percent below average. Though pre-letting activity was healthy, doubling quarter on quarter, West End take-up was disappointingly subdued in the third quarter, falling further from the already sharply below trend Q2 total. Encouragingly, a number of deals that were seemingly ‘mothballed’ post referendum have now been concluded, albeit at marginally lower price points.

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Stress and overwork in the City of London remains endemic, finds research

Stress and overwork in the City of London remains endemic, finds research 0

img-1500x1032-financial-districtThe financial services industry has never been known as a ‘touchy-feeling’ environment, and despite efforts to raise the issue of mental ill health at work, appears resolutely resistant to cultural change. This perception is reinforced by a new piece of research which claims that rising stress in the City is driving more than two out of three investment bank staff to consider quitting their job – but employees believe talking about stress or mental health issues to management will damage their careers. In a study by MetLife among decision makers at financial institutions two out of five (40 percent) think their job is extremely stressful with 67 percent considering quitting their jobs in the next year if stress levels do not improve. However, despite the impact of stress on their work and home lives, around 70 percent believe that admitting to suffering from anxiety or mental health issues will damage their career prospects and there is a reluctance to offer staff more flexible hours to help reduce the strain.

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UK large businesses are failing to create a culture of creativity and innovation

UK large businesses are failing to create a culture of creativity and innovation 0

suggestion_boxA new study claims that the UK lags behind other European countries when it comes to fostering a culture of innovation at creativity at work. Whilst 63 percent of French employees and 57 percent of Spanish employees feel empowered to lead innovation and drive change, less than half (47 percent) of employees surveyed across the UK agree. In turn, this appears to be impacting morale; just 54 percent of employees in the UK said they feel inspired in the workplace compared to 74 percent in Spain, 73 percent in France and 66 percent in Germany.  As businesses strive to stay ahead of the competition, making innovative use of technology is a top priority. However, the research commissioned by BMC and conducted by Opinion Life, suggests that businesses across the UK are struggling to foster an innovative culture fast enough and failing to capitalise on the creativity of their staff.

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World education programme aims to help 34,000 young people worldwide

World education programme aims to help 34,000 young people worldwide 0

Global trade enabler DP World is rolling out its Global Education Programme internationally following an English language pilot in seven countries with an aim to deliver over 100 sessions in seven additional languages by the end of 2016. Volunteers from 17 DP World locations in the UAE, India, Pakistan, Senegal, the UK, Argentina and the Philippines delivering the programme have received positive feedback from students and teachers. Over 90% of teachers in the pilot countries said that the course provided their pupils with something new their school could not have provided and 85% said they would be likely to recommend DP World as an employer to pupils. The Global Education Programme aims to engage 34,000 children between the ages of 8-14 by 2020 with DP World volunteers delivering it from across its network of 77 operating marine and inland terminals in 40 countries.

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Freelancers are thriving on both sides of the pond, but have politicians noticed?

Freelancers are thriving on both sides of the pond, but have politicians noticed? 0

freelancersTwo new reports that highlight the growth of the freelance and self-employed workforce in both the UK and US also suggest that politicians and civil servants in both countries have little real understanding about the changing nature of work. According to the UK government’s regular Business Population Estimates report, the number of private sector businesses is at an all-time high, around 5.5 million, up by a million since 2010. Yet the report fails to distinguish between freelancers, the self-employed and traditional SMEs, except to omit firms that are too small to pay VAT from its numbers. The trade association IPSE estimates that there are some 4.6 million self-employed and freelance workers in the UK, yet the BPE report does not account for the overlap in numbers. Even within the BPE’s own numbers, there are suggestions that its conclusions do not match the data. The annual growth in non-employing businesses outstripped those who employed others by a factor of 6:1 and 76 percent of businesses did not employ anyone aside from the owner. And the growth comes despite the fact that the self-employed in the UK now earn marginally less than they did 20 years ago.

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Creating the workforce of the future; the Barclays perspective

Creating the workforce of the future; the Barclays perspective 0

barclays-eagle-logo

Apprenticeships are growing faster than ever in the UK.  This is fantastic to see.  Within our organisations we are making giant strides to re-carve and re-define talent whilst investing in the workforce of the future.  The topic of Apprenticeships remains top of the government agenda and top of the employability agenda and great things are starting to happen.  Yet, how much of the evolution of apprenticeships is understood by those who are seeking opportunities?  Has society evolved in such a way that would-be potential candidates are ‘switched-on’ to the fact that Apprenticeships is both a viable and powerful means to securing a long, sustainable, and credible career? What are we doing to define Apprenticeships to our audiences outside of our own organisations?  How are we marketing opportunities in a way that will ‘connect’ with our audience that will inspire them and others to invest in us?

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