Search Results for: older

February 7, 2017

Brexit impact on UK’s future workforce size could undermine productivity ⁰

by Sara Bean • Knowledge, Legal news, News, Technology, Workplace

With the UK facing at best, very slow growth, or even shrinkage, of the working population, future changes to migration levels into the UK due to Brexit could exacerbate the financial stresses and strains caused by the UK’s aging workforce. This is according to the Mercer Workforce Monitor™ which claims that companies will need to invest heavily in automation, sectors of society historically under-represented in the workforce and look at ways of increasing productivity. According to the analysis, since 2013, the levels of EU and non-EU born immigration into the UK workforce has filled a gap left by the aging of the nation’s UK-born workforce which sees more in this group leave the workforce – through retirement, emigration or death – than enter it. National growth is closely linked to workforce growth; so reducing its future size would create major headwinds for the UK economy and since another 3.4 million people will reach the age of 65 in 2030; unless the UK decides to make drastic changes to the funding of pensions, health and social care, this smaller working population will be required to proportionally spend more of their income to care for their older citizens.

January 25, 2017

The office of the future should be defined by the age of its inhabitants. But not in the way you think ⁰

by Mark Eltringham • Flexible working, News, Workplace design

The office of the future is most commonly seen as the habitat of Millennials. But there are all sorts of flaws in this assumption. Apart from the casual stereotyping of a diverse demographic of people, the most glaring is the fact that the workforce is ageing rather than getting younger, and that most offices must now meet the needs of a wider range of age groups than at any time in their history. A new report from Totaljobs seeks to redress the balance in this regard. It suggests that some of the key features of the office of the future will not be slides and ping pong tables but flexible working areas, quiet spaces, spas and private medical rooms. The study claims that the fixation with Millennials means that a large number of older workers now feel that the design of offices does not meet their needs.

December 30, 2016

One in five working millennials in the UK have two or more jobs ⁰

by Neil Franklin • Flexible working, News, Workplace

New research from recruitment app Coople, claims that British millennials are a generation of career jugglers, seeking ‘varied lifestyles and accelerated multi-skilled growth’. The survey of 2,000 employed millennials in the UK, carried out by OnePoll, claims that there is a growing “slash culture”, in which workers take on more than one job simultaneously. The new statistics claim that one in five (19 per cent) employed young people have two or more jobs, more than any other generation. Some of the main reasons cited by millennials for taking on multiple roles include to learn new skills (47 per cent) and for variety and experience (27 per cent). By comparison, older generations put more onus on increased earnings when stating their purpose for working within multiple roles. The study also claims one in three millennials (29 per cent) plan on changing industry within the next two years, 13 per cent intend to change industries within the next year and 45 per cent will be looking to move within three years.

December 16, 2016

Millennials more tuned-in to discrimination at work than other generations ⁰

by Sara Bean • Legal news, News, Wellbeing, Workplace

Millennials have widely divergent experiences and attitudes toward diversity and inclusion within the workplace than older generations, claims a new US-based report. In the research from the Institute for Public Relations (IPR) and Weber Shandwick into the importance that people place on diversity and inclusion (D&I) when considering a new job found that 47 percent of Millennials consider it an important criterion in their job search compared to 33 percent of Gen Xers and 37 percent of Boomers. Nearly six in 10 of all employed Americans (58 percent) report that they see or hear about some form of discrimination and/or bias at their workplace, most frequently racial or ethnic in nature (22 percent). Millennials are significantly more likely than older generations to be attuned to such behaviour at work, and also much more comfortable discussing these issues at work than their older colleagues. The survey also asked respondents why they believe employers emphasise diversity and inclusion in the workplace. All three generations cited “To make it a better place to work” among their top three reasons. Millennials also recognize increased opportunities while reputational benefits and outside pressures are noticed by Gen Xers and Boomers.

December 13, 2016

US study projects massive shift to agile working model over the next decade ⁰

by Mark Eltringham • Flexible working, News

By the year 2025, most workers (70 percent) and employers (68 percent) agree a majority of the workforce will be employed in an agile working capacity as contractors, consultants, temporary or freelance staff, according to a study released by Randstad US. The Workplace 2025 report of more than 3,100 workers and 1,500 HR and c-suite executives across the US found that as early as 2019, as much as 50 percent of the workforce will be comprised of agile workers, as nearly 4 in 10 (39 percent) workers say they are likely to consider shifting to an agile arrangement over the next two-to-three years. The study claims that this movement is fuelling an equally aggressive adoption of new workforce models that tap into both permanent and agile employees to combat staffing shortages, leverage globalisation and fuel greater innovation for organisations.

December 9, 2016

Baby boomers better off at work but their wellbeing must be managed ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

A new report on the state of the public’s health and wellbeing, ‘Baby Boomers: Fit for the Future’, by Professor Dame Sally Davies, the Chief Medical Officer for England, advises that good quality work is good for baby boomers’ health and that employers have a role to play by helping their staff to remain healthy enough to stay in employment. According to the report on those aged between 50 and 70, there is an increasing body of evidence that for most people ‘good work’ is good for personal health, organisational productivity and economic prosperity. It also advises since many people define themselves and their position in society in terms of their job, staying in employment is also a significant contributor to self-esteem. The report also finds there is promising evidence that the continued social engagement that some people find in employment may defer the onset of cognitive decline and the risk of dementia.

December 6, 2016

The Work Foundation launches Commission on Good Work ⁰

by Neil Franklin • Company news, Workplace, Workplace design

The Work Foundation, part of Lancaster University, has launched a new Commission on Good Work. The commission will seek answers to key questions such as ‘why is a focus on good work so important now?’, ‘what does good work mean in a modern economy?’ and ‘how do we achieve good work?’ The initiative was launched by Work Foundation Director Lesley Giles who invited stakeholders from businesses, trade unions, professional bodies, and the public and voluntary sectors to be part of a ‘Good Work Taskforce.’ Supporting the launch were Sir Charlie Mayfield (John Lewis Partnership), Dame Fiona Kendrick (Nestle),Douglas McCormick (Sweett Group), Mark Keese (OECD), Gail Cartmail (Unite), Peter Cheese CIPD, Scott Johnson (a small business owner) and Professor Paul Sparrow (Lancaster University Management School).

December 5, 2016

The strange future of work + New edition of Work&Place + Workplace irritations ⁰

by Sara Bean • Facilities management, Flexible working, Legal news, Newsletter, Technology, Wellbeing, Work&Place, Workplace, Workplace design

In this week’s Newsletter; Mark Eltringham dissects the current obsession with engagement and motivation; and from the Winter 2016 issue of Work&Place which is now available to view online; discusses the future of work and place in the 21^st century. We discover why creativity in the workplace is a prime engagement tool; that 85 percent of employers believe workplace automation will create more jobs than it will replace; however, in the now, technology issues cause the most lost time for SMEs. One in three lawyers would not feel comfortable even beginning the conversation about flexible working with their employer; a fifth of employees are distressed by political discussions in the workplace and employers urged to develop strategies to help retain older workers. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

November 24, 2016

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

by Sara Bean • Flexible working, News, Workplace

Organisations 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.

November 10, 2016

If we want to maximise productivity and wellbeing, how many hours should we work? ⁰

by Mike James • Comment, Flexible working

Some people cling to the idea that if you want to get more work done, the obvious solution is to put in more hours. But if that’s true, why are a number of companies in Sweden reducing their working schedule from eight hours a day to six? Is Sweden that economically successful that they can afford to give their staff a quarter of the day off? No – something different is going on. But to understand it, we need to look at where the idea of the eight hour working day and its association with productivity comes from. During the late 19th century, there was an increased demand for worker’s rights, and the debate about working hours was right at the heart of it. Improvements were slowly made, as standard 16-hour-a-day shifts reduced and reduced. As the 20th century arrived, significant progress had been made, but even then many stubborn companies held on to older working practices. Ten-hour, six-day-a-week schedules were still common.

November 9, 2016

Defence estate to be cut by a third as part of new estate strategy ⁰

by Mark Eltringham • News, Property, Public Sector

The latest part of the UK’s vast public sector estate that is being primed for a large scale sell-off is that of the Ministry of Defence. According to a government statement, 91 sites including more than fifty barracks, naval sites and airfields will be sold under plans to shrink the size of the defence estate by nearly a third. The MoD predicts that the sale will raise around £1 billion and cut running costs by around £140 million per annum, while the rest of the estate will benefit from the investment of around £4 billion to improve housing and facilities for personnel. Perhaps surprisingly the MoD also owns five golf courses which will be sold as part of the shake up announced in the newly published A Better Defence Estate strategy document.

November 9, 2016

Representation of ethnic minorities in UK boardrooms ‘disproportionately low’ ⁰

by Sara Bean • Legal news, News, Workplace

Ethnic minority representation in the Boardrooms across the FTSE 100 and 250 is disproportionately low and does not reflect the ethnic diversity of either the UK or the stakeholders they seek to engage and represent; a new industry-led review has revealed. Given the fact that the UK will be the most diverse country in Western Europe by 2051, with over 30 percent of the population expected to be comprised of people from ethnic minority or migrant backgrounds, each FTSE 100 Board should have at least one director of colour by 2021, and each FTSE 250 Board by 2024. These are the main recommendations of the Parker Review report, Beyond One by ‘21 which found that out of 1,087 director positions in the FTSE 100, only 8 percent of positions are held by directors of colour, of which 1.5 percent are UK citizens, despite the fact that 14 percent of the total UK population is from a non-white ethnic group (up from 2 percent in 1971).