Search Results for: risk

Lack of flexible working risks talent exodus

Lack of flexible working risks talent exodus

Companies are in danger of losing top talent due to lack of flexible workingNew results from Wildgoose’s Flexible Working survey suggests that a significant number of UK employees are seeking out flexible working to better juggle life both in and out of work, without compromising productivity. The latest findings follow on from the organisation’s other successful insights surveys exploring diversity & inclusion and mental health in the workplace. (more…)

The impact of technology, cyber-risk and the future of corporate real estate

The impact of technology, cyber-risk and the future of corporate real estate 0

It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.

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Commercial property investors underestimate risks of climate change

Commercial property investors underestimate risks of climate change

Melting ice showing climate changeInvestors in commercial property are underestimating the risks associated with climate change, including more frequent and intense extreme weather events, and need to rethink their assessment of asset vulnerabilities, according to a new report from the BlackRock Investment Institute.

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Businesses urged to pay suppliers on time or risk losing out on government contracts

Businesses urged to pay suppliers on time or risk losing out on government contracts

More than 10,000 businesses have been warned by the government that they must pay their suppliers on time or face being prevented from winning further government contracts. Officials from the Cabinet Office have written to the businesses – which include all the government’s current strategic suppliers – to remind them of the new rules on prompt payment, which come into force this autumn. (more…)

Digital transformation offers great opportunities for firms, but at a risk

Digital transformation offers great opportunities for firms, but at a risk

Digital technology can improve our lives but it also poses a major risk of widening social inequality and blocking opportunities for people without the skills to navigate the online world safely, according to a new OECD report. A mix of technical, emotional and social skills is a pre-condition for people to combine their digital and real lives in a balanced way, and to avoid the mental health problems and other risks linked to abuses of online technologies, the report says.

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Employee use of apps at work puts their organisation at risk of cyber-attack

Employee use of apps at work puts their organisation at risk of cyber-attack

Employee use of apps at work leaves their organisation at risk of cyber-attackWorkers continued use of unapproved apps in the office, including Instagram, Facebook Messenger and Snapchat, to communicate with colleagues as well as friends and family is putting their organisations at risk of cyber-attack, new research suggests. Four in ten employees (41 percent) admit to using Instagram for more than two hours each day, despite the app being banned in almost half of UK organisations. The majority of employees are well aware that certain apps are not approved for workplace use, but this hasn’t stopped them breaking the rules.

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Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

Organisations at risk of falling behind due to a lack of AI strategy, training and experience 

UK organisations risk falling behind oversees competition due to a lack of Artificial Intelligence strategy, according to a new report (registration required) published by Microsoft UK and Goldsmiths, University of London. In the face of significant disruption, the research reveals that 41 per cent of business leaders believe their current business model will cease to exist within the next 5 years. Despite big questions over the longevity of their business models, more than half (51 per cent) of business leaders surveyed revealed they do not have a relevant strategy in place to address these challenges.   (more…)

Unskilled and low skilled men most at risk from Brexit

Unskilled and low skilled men most at risk from Brexit

Men with GCSE qualifications or below employed in certain manual occupations are more likely than other groups to work in industries at particular risk from new barriers to trade with the EU after Brexit. Historically, those in this group have struggled to find equally well-paid work elsewhere when job losses have occurred. That is one of the key conclusions from detailed new analysis of trade data carried out by researchers at IFS and funded by the ESRC’s UK in a Changing Europe initiative.

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Younger workers risk missing out on career opportunities by shunning SMEs

Younger workers risk missing out on career opportunities by shunning SMEs

Younger workers risk missing out on career opportunities by ignoring SMEsYoung people leaving education and looking for work may be missing out on potential employment opportunities by failing to consider Small and Medium Enterprises (SMEs) and the advantages they offer, new research from Santander UK claims. ‘Gen Z’ and Millennials do not believe SMEs offer the same job security or salary as large businesses, meaning just a third (35 percent) of young people leaving education in 2018 want to work for smaller employer, and an even smaller proportion, just one in six (18 percent), want to work for a start-up or micro business. The most popular career aspirations for Generation Z and Millennials are to work for a large firm (51 percent), the public sector (51 percent) or a global multinational (49 percent), because of a perceived lack of job security (56 percent). There is also the belief that SMEs offer a lower salary (46 percent) and fewer opportunities for progression than large companies (33 percent). Yet the majority (70 percent) of SMEs are actively recruiting for entry level roles, whether that be graduates (43 percent), further education leavers (36 percent) or school leavers (35 percent).

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Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflictImproved living standards, deflating pension pots and legal protection against age discrimination have all helped to nudge up the retirement age. The result is that for the first time since the Industrial Revolution five generations of employees are now working side by side. According to a new survey, two thirds of organisations (66 per cent) say that an age diverse workforce helped the company to have a more comprehensive skillset and knowledge base and more than seven in ten (71 per cent) felt that a multi-generational workforce brought contrasting views to their organisation. However, in the YouGov survey of middle market businesses commissioned by RSM, four in ten companies (41 per cent) said that a multi-generational workforce also increased the risk of conflict in the workplace. (more…)

New study flags health and wellbeing risks for the self-employed

New study flags health and wellbeing risks for the self-employed

The Good Life Report, a study by AXA Business Insurance into Britain’s boom in self-employment, claims that tradespeople have better than average mental health but their work style brings increased physical risks, particularly high blood pressure. According to the AXA study of self-employed people, those in the building trades report the best mental wellbeing. Just eight per cent say their work causes them stress – four times lower stress rate than among UK workers overall, and half the stress rate for self-employed people in desk-based jobs.
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New working styles are risking the health and wellbeing of people, claims report

New working styles are risking the health and wellbeing of people, claims report

A new report from the British Safety Council and consultancy Robertson Cooper, explores what it claims is the probable impact of new working practices and technology on people’s physical and mental wellbeing, and what employers, unions and legislators should do to address them. The report, Future risk: Impact of Work on Health, Safety and Wellbeing, argues that the safety, health and wellbeing of older workers will become more important and new risks will arise related to the adoption of artificial intelligence and automation.

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