Search Results for: economy

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 →

The ladder of life, the death of work, the cane toad of property and some other stuff

The ladder of life, the death of work, the cane toad of property and some other stuff

A large and colourful team of people work together to create a human towerWe start with a question. Why hasn’t the gig economy killed traditional work?, asks Greg Rosalsky and goes on to explain what many people have now realised. The answer, as Greg points out, is that the gig economy doesn’t replace traditional work, never has, and the rise of casual work of this kind has primarily been a way for people to deal with a volatile labour market and shrinking real incomes. Offer them the choice of a decent monthly income, benefits and a contract and most of them will take you up on it.

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London, Paris and Stockholm lead ranks of European coworking hotspots

London, Paris and Stockholm lead ranks of European coworking hotspots

Epicenter Coworking Space in StockholmLondon, Paris and Stockholm are among the major cities featured in a new research report from Cushman & Wakefield (registration) into the coworking and flexible office sectors, which pinpoints future demand and the next likely growth hotspots across Europe. According to the report, coworking’s rapid expansion in recent years has quickly disrupted global office markets. The report charts the current state of the sector, the emergence of flexible working space across continental Europe and where future growth will occur. More →

Against metrics: how measuring performance by numbers backfires

Against metrics: how measuring performance by numbers backfires

A still from Jacques Tati's film playtime as the protagonist looks out over cubicles in an officeMore and more companies, government agencies, educational institutions and philanthropic organisations are today in the grip of a new phenomenon. I’ve termed it ‘metric fixation’. The key components of metric fixation are the belief that it is possible – and desirable – to replace professional judgment (acquired through personal experience and talent) with numerical indicators of comparative performance based upon standardised data (metrics); and that the best way to motivate people within these organisations is by attaching rewards and penalties to their measured performance. More →

Millions more people say they would like to work as freelancers

Millions more people say they would like to work as freelancers

gig workerThe so-called gig economy is likely to increase dramatically over the next few years, new research suggests. Along with over 8 million people who currently work on a freelance basis, over 5 million more say they would like to go freelance. The data collated by Direct Line for Business claims that 5.3 million people (10 per cent) dream of becoming their own boss in the future, by embracing a career as a freelancer. This is in addition to the 8.6 million (16 per cent) who currently freelance and are either full time self-employed or carry out contract work alongside their main jobs.

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The future of work will be defined by four models, claims RSA

The future of work will be defined by four models, claims RSA

The RSA’s Future Work Centre has released research that models four ‘futures of work’ by 2035 – and claims to show how out of touch politicians are with changes in the workplace. The report, published in partnership with Arup, claims to avoid the usual sensationalism around topics such as automation, the Internet of Things, surveillance, gig work and AI to establish what workers can expect in the workplace in the near future. The report applies morphological analysis  to generate its four models of work.

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New centre will assess potential for bias in algorithmic decision-making

New centre will assess potential for bias in algorithmic decision-making

The potential for bias in the use of algorithms in crime and justice, financial services, recruitment and local government will be investigated by the UK government’s new Centre for Data Ethics and Innovation (CDEI). The CDEI will explore the potential for bias in existing systems and to support fairer decision-making. This may include increasing opportunities for those in the job market in existing recruitment and financial services systems. It will also explore opportunities to boost innovation in the digital economy. More →

Interiors are not enough to win the war for talent

Interiors are not enough to win the war for talent

I often refer to Google and Facebook in my blog, due to their influence on workplace design. Many consider them to be workplace interior’s holy grail. But today’s big employers are competing with one another on a much broader set of principles. Cool interiors alone just won’t cut it. Zürich, like many European cities is home to a large number of global brands, with bustling financial services and tech sectors. I regularly hear of people with multiple job offers taking a job with a lower salary, rather than accepting a role in a company that doesn’t reflect their ideals. This decision can be influenced by office design and facilities, career development options, corporate culture and much more. More →

Government report shows increase in number of workers balancing care commitments

Government report shows increase in number of workers balancing care commitments

A new official report has highlighted the increasing number of people who are having to balance caring for family members with their own working commitments. Catherine Foot, the Director of Evidence for the Centre for Ageing Better, responded to these statistics by calling for legislation to promote flexible working among older workers. Published by the Office for National Statistics, the report has found that one in four older female workers, and one in eight older male workers, have care responsibilities.

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Time to unlearn the time management system you learned at school

Time to unlearn the time management system you learned at school

Picture a workplace where everyone follows rigorous to-do lists. Employees are told what to do, how long to spend on it, and in what order to tackle their projects. Then, picture a workplace where there are no to-do lists, no project deadlines, and no estimations of how long projects will take. Employees tackle work in the order they choose, when they feel like doing it. Which workplace do you think will be more successful?

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UK jobs boom set to end as finance and business sectors lose confidence

UK jobs boom set to end as finance and business sectors lose confidence

The boom in the UK jobs market is coming to an end just as the Brexit countdown reaches its final stages. According to the latest ManpowerGroup Employment Outlook Survey, the national Outlook for the second quarter of 2019 has fallen to +4 percent, on a par with the weakest levels of confidence seen in recent years. More worryingly, the negative Outlook in the Business and Financial services sector – which employs nearly a fifth of all UK workers – suggests jobs are set to be lost in Britain’s most important sector. The report found that the Finance and Business Services sector has fallen five points to -1 percent, only the second time in the last decade it has been in negative territory.

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Insight promotion: creating a frictionless (not flawed) workplace experience

Insight promotion: creating a frictionless (not flawed) workplace experience

To mark the launch of Workplace House, a multi-brand co-creation space in the heart of Clerkenwell, a consortium of participating brands hosted an event to explore the factors that contribute towards a good (and not so good) workplace experience.

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