Search Results for: risk

The UK is not well enough prepared for working from home

The UK is not well enough prepared for working from home

working from homeFigures released today suggest that the UK is one of the least prepared countries to introduce a mass home-working strategy. Leesman has surveyed more than 700,000 employees worldwide. Of the 139,778 UK workers in its index, 55 percent have little or no experience working from home, compared with 52 percent of respondents globally. (more…)

Company reputations can live or die by the behaviour of employees on social media

Company reputations can live or die by the behaviour of employees on social media

A recent survey from law firm Herbert Smith Freehills suggests that 95 percent of large organisations polled expected a rise in the number of employees using social media, such as Twitter, to raise complaints and concerns about their company over the next five years. It is an extremely worrying development for business. While social media can in general be a great platform for everyone to have their voice heard, in this context, it takes an internal issue to a public space and it could do a great deal of harm to the business concerned. An aggrieved employee tweeting criticisms of their company has the potential to go viral, garnering vast numbers of likes and reaping untold damage to the reputation and brand of the organisation concerned. (more…)

Majority of Brits struggle to make ends meet

Majority of Brits struggle to make ends meet

According to the latest survey from CV-Library, the majority of Brits admit that they struggle to make ends meet, but over half are still too scared to ask their employer for a pay rise. The study, which surveyed 2,000 British professionals, claims that 18-24 year-olds are the most likely to struggle financially; with 67.7 percent of respondents in this age group finding it hard to make ends meet. This is closely followed by 66.7 percent of 35-44 year-olds and 60.9 percent of 25-35 year-olds.

What’s more, the survey also suggests that 61.3 percent of Brits feel confident about securing a higher paid role elsewhere. Men were most confident about this (64.4 percent of men vs 57 percent of women), as were 25-34 year olds (65.5 percent) and 18-24 year olds (63.8 percent).

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Workers are as important as external stakeholders

Workers are as important as external stakeholders

At the recent World Economic Forum in Davos, workers around the globe could be forgiven for remaining sceptical at the news that the corporate world now regards them as stakeholders, and as important to their organisations as shareholders and customers. The traditional employee/employer relationship is slowly changing. Where the relationship was once exclusively hierarchical, it is now evolving into more of a partnership. Employees want to be more involved in processes and decisions. Subsequently, teams need to be more collaborative and communicative to drive innovation and creativity. To encourage optimum performance, leaders must learn to coach and encourage, rather than simply direct. (more…)

Wellbeing in the workplace consultation announced

Wellbeing in the workplace consultation announced

first steps to wellbeingWellbeing advocacy group ukactive has announced a new partnership with HCA Healthcare UK, to undertake a consultation into health and physical activity in the workplace. The partnership brings together the independent research expertise of not-for-profit health body ukactive and the resources of healthcare provider, HCA UK. Anna Davison of ukactive can be heard speaking about workplace wellbeing in the Wellness Maters podcast here. (more…)

Report examines challenges of international expansion

Report examines challenges of international expansion

international growthThree quarters of organisations say access to market opportunities is their key motivation for international expansion, according to a report. Businesses also named access to specialist skills as one of the main factors that influence their international growth ambitions (cited by 67 percent), alongside proximity to suppliers and resources (66 percent) and access to affordable labour (55 percent). (more…)

Acas publishes advice on handling coronavirus at work

Acas publishes advice on handling coronavirus at work

coronavirusIn response to the coronavirus outbreak, Acas has published new advice to help employers understand their workers’ rights and how to handle the impact of the virus. The guidance includes tips on how to deal with sick pay, staff in quarantine and staff who do not want to come into work due to fears over catching the coronavirus. It also looks at what to do if the virus spreads widely in the UK or if a business needs to shut temporarily. (more…)

New EU AI strategy focuses on ethics

New EU AI strategy focuses on ethics

AIThe European Commission has put forward a strategy to promote the development of AI and robotics while putting people first and defending European values and rights. The strategy acknowledges that AI can open up new opportunities for businesses and bring solutions to challenges such as climate change. However, it aims to address the social, legal and ethical impact of new technology. (more…)

Firms doing too little to tackle employee data breaches

Firms doing too little to tackle employee data breaches

data breachesInsider data breaches are a major concern for 97 percent of IT leaders, according to new research. About three quarters believe that employees have put data at risk in the past 12 months accidentally (78 percent) or intentionally (75 percent). When asked about the implications of these breaches, more than two in five said financial damage would be the area of greatest impact. (more…)

The love of natural born leaders can come at a cost

The love of natural born leaders can come at a cost

leaders eh?The inherent preference employers have for candidates with natural leadership ability could have a negative effect on their organisation, according to new research by Rotterdam School of Management, Erasmus University (RSM). The study, On Leading and Managing: Synonyms or Separate (and Unequal)? published in the Academy of Management journal suggests that firms tend to choose leaders over managers regardless of their culture and needs. (more…)

Employees use only fraction of their knowledge at work

Employees use only fraction of their knowledge at work

knowledgeEmployees use just 38 percent of their knowledge and expertise at work, meaning organisations are failing to unlock even half of the brainpower of their people, research has claimed. According to the survey of more than 1,000 UK and US “knowledge workers” by Starmind, 90 percent of employees want more opportunities to share knowledge and expertise and three quarters believe their organisation would benefit from accessing more of their expertise. More than 6 in 10 respondents feel they could contribute more but don’t know how, while nearly two-thirds say they have knowledge their organisation isn’t aware of or doesn’t capitalise on. (more…)

No trade deal Brexit would cost UK £37bn in lost output by end of 2022

No trade deal Brexit would cost UK £37bn in lost output by end of 2022

UK GDP will be £37bn lower by the end 2022 if there is no trade deal with the EU by the end of this year than if trade talks continue beyond the government’s deadline, a report has claimed. The research by Oxford Economics (registration required) also predicts that financial markets would react negatively to a ‘no trade deal Brexit’, with sterling depreciating by 5 percent against the dollar in late 2020. It would drop around 3.5 percent against the euro, as the eurozone would also face reduced growth in this situation. (more…)