Search Results for: risk

Employees use only fraction of their knowledge at work

Employees use only fraction of their knowledge at work

by • Knowledge, News

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

by • Business, News

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…)

Watchdog raises concerns at councils` commercial property investments

Watchdog raises concerns at councils` commercial property investments

by • News, Property

commercial property risksSome local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). (more…)

What performance culture can teach us about motivating employees in the workplace

What performance culture can teach us about motivating employees in the workplace

by • Comment, Workplace

motivating employeesFrom start-ups to well-established companies, organisations thrive or fail on motivating employees. It’s mission-critical. Motivated employees are easy to spot – they tend to align their purpose to that of the company, are more innovative with their problem-solving and have a greater impact. Organisations must actively work to motivate and engage employees, giving them a sense of purpose. Otherwise, there’s a real risk of the company falling behind the competition and staying there. (more…)

Europe must do more to bring discoveries to market

Europe must do more to bring discoveries to market

by • News, Technology

discoveriesAlthough Europe has much scientific research to be proud of, the region falls worryingly short when it comes to commercialising its discoveries, a study has concluded. A fifth of the world’s leading 100 research organisations – as determined by factors such as the number of articles published in academic journals – are based in Europe, experts from IESE Business School, the European Commission and Oxford University, among others, claim. Yet researchers often lack the resources required to find the right market for their discoveries. (more…)

Workplace leaders must adapt to a new technological reality

Workplace leaders must adapt to a new technological reality

by • Comment, Technology, Workplace

workplaceI speak with senior workplace leaders daily and those conversations, coupled with our research and that of other people, offer us a striking perspective on the trends and changing nature of the workplace and in particular the impact of technology. Some themes are cropping up time and time again in these conversations and research and point to a new technology-led reality that we must all address. (more…)

Two fifths of workers hide health issue from boss

Two fifths of workers hide health issue from boss

by • News, Wellbeing

health issueMore than 40 percent of workers have a hidden health issue they’ve never disclosed to their employers, with younger employees the most likely to withhold information from their bosses, according to new research. A survey of 1,000 employees, carried out by healthcare provider Benenden Health, revealed 63 percent of respondents aged 23 or under and 60 percent of 24-38-year-olds surveyed haven’t told their employers about a health issue. This is compared to 35 percent of respondents aged 39-54 and 18 percent of those aged 55 or over. (more…)

Employers face uphill battle to prevent presenteeism

Employers face uphill battle to prevent presenteeism

by • News, Wellbeing

presenteeismOver the last 12 months, seven in 10 UK business leaders witnessed presenteeism, where someone come into the office when they are unwell, a survey has claimed. The issue is particularly prevalent at certain times of the year, recruitment firm Robert Half suggested, with 71 percent of respondents considering that presenteeism increases during the winter months when colds, flu and other respiratory illnesses are more common.
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IR35 pushes freelancer confidence to six-year low

IR35 pushes freelancer confidence to six-year low

by • Flexible working, News

IR35Two surveys have highlighted continuing fears among freelancers about the changes to the IR35 rules due to take effect in April. The reforms will shift the responsibility for defining contractors’ tax status from the individual to the employer to crack down on so-called ‘disguised employment’, where off-payroll workers are able to pay less tax than employees. However, concerns have been raised that the rules could force organisations to bring genuine contractors and freelancers on to the payroll, reducing flexibility for both parties. (more…)

Executives feel more pressure making a big decision at work than in their personal life

Executives feel more pressure making a big decision at work than in their personal life

by • News, Working culture

decisionsExecutives in small and mid-sized businesses in the UK are more anxious about major decisions at work than critical decisions at home that affect their family, a new study has claimed. The new study by Oracle NetSuite, Unlocking Growth, which provides insights from more than 1,000 business executives in the UK, France, Germany, UAE, Benelux and the Nordic countries, found that 92 percent are overwhelmed by data when making decisions. A third of UK executives are putting risk mitigation ahead of potential success to avoid damaging their career, while 23 percent rely on gut feeling to make critical decisions. (more…)

Bridging the gap between the reality and perception of engagement

Bridging the gap between the reality and perception of engagement

by • Comment, Flexible working, Technology, Workplace

engagementOrganisations are currently operating against a backdrop of environmental, social, political and technological upheaval. Changes in the way people work, buy, communicate and live their lives abound while the communications narratives become ever more complex. The zeitgeist dictates how an organisation’s purpose and communications should match the growing expectations placed on it by its identity and need to address its engagement with staff and the outside world. (more…)

Flexible working and an always on culture can be bad for health

Flexible working and an always on culture can be bad for health

by • News, Technology

flexible workingEmployees believe flexible working allows them to do their best work yet they also feel permanent connectivity is damaging their health, an international survey of more than 1,000 workers has suggested. In the study conducted by Quartz Insights in partnership with Citrix Systems, Inc, respondents ranked flexible working as the third most important factor – behind salary and leadership – enabling them to do their best work. However, two thirds also believed the “always on” mentality has a significant negative impact on their health. (more…)

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