September 18, 2019
Unless the Government steps up efforts to manage the transition to automation, many people and entire regions of the UK face being left behind and British businesses could find themselves becoming less competitive, says the Business, Energy and Industrial Strategy (BEIS) Committee in a report published today.
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August 9, 2019
Almost all (98 percent) employers believe that their employees’ financial wellness has a direct impact on productivity and their business performance – especially concerning employee productivity (67 percent) and engagement (62 percent). This is according to the Future of Pay research study (registration) by technology firm ADP, which surveyed 4,000 employees and 2,900 businesses to explore workers’ perceptions and attitudes towards traditional and emerging pay methods to address some of the biggest human capital management concerns. More →
July 12, 2019
Differences in typical household incomes across the UK’s regions and nations have halved since their 1990 peak, but differences in productivity remain close to record highs, according to new research published by the Resolution Foundation. The report, Mapping Gaps, examines the relative economic performance of UK regions and nations since the 1960s, and the extent to which this has driven differences in household living standards. The report notes that regional inequality is a hot topic – particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK – and that the UK is one of the most unequal countries in the OECD when it comes to the relative economic performance of its regions and nations.
July 10, 2019
A new report claims that 86 percent of Britain’s largest businesses are worried about raising their productivity with two-fifths (39 percent) calling their productivity ‘very concerning’, but that they are investing just 0.25 percent of turnover in measures to improve it, less than they invest in telecoms. The report by the Centre for Economics and Business Research (CEBR) and Concentra Analytics also suggests there is a “spray and pray approach” to driving productivity caused by a lack of insight into the performance of people. More →
July 9, 2019
Labour productivity, as measured by output per hour, was down 0.2 percent in Q1 2019, when compared to the same quarter in 2018, according to Office of National Statistic (ONS) figures. These findings make Q1 the third consecutive quarter of contraction for UK productivity.According to the ONS, this sustained period of declining labour productivity represents a continuation of the UK’s ‘productivity puzzle’, with productivity since the economic downturn in 2008 growing more slowly than during the long period prior.
Despite occasional periods of growth, this sustained general pattern contrasts with patterns following previous UK economic downturns, when productivity initially fell, but subsequently recovered and returned to the previous trend rate of growth. However, movements in productivity were found to vary between industries, with the services industry recording labour productivity growth of 0.2 percent, while manufacturing productivity growth reduced by 0.9 percent, compared with the same quarter in the previous year.
July 4, 2019
Research published by Dell claims to highlight the issues related to office design holding back workers’ productivity and the impact this has on UK businesses. While classic gripes like office temperature and loud colleagues take the top spots, poorly designed or implemented technology is having a negative impact on employees – with out of date technology (29 percent), poor Wi-Fi (22 percent) and poorly integrated technology (19 percent) featuring in the top ten factors UK workers feel impact their office lives. More →
July 3, 2019
When business operators are planning their company’s office, price is often chief among their priorities. Keeping the fixed cost of real estate low helps companies project—and increase—their expected income. Price is not just a consideration when it comes to rent; assets such as office furniture are often purchased en masse and for purely utilitarian reasons. Sure, a business is saving money by designing a no-frills, utilitarian office, which some Feng Shui experts would agree with, but what they are ignoring is how space affects productivity, motivation and enjoyment. More →
June 6, 2019
The majority of office employees (84 percent) believe good relationships with colleagues boost their quality of work, yet nearly three quarters (70 percent) admit to not knowing the people they work with very well, claims a new survey from Nespresso Professional. The study suggests that changing office environments and flexible working practices are not improving employees’ relationships with co-workers, or their creativity and output. More →
June 4, 2019
Employees who feel they are a good fit for their role and the culture of their company are 36 percent more productive, claims a new report from ThriveMap (registration). The paper claims to reveal what a difference feeling like a natural fit for a job and organisational culture makes to employees. The survey of 1,000 people used in the report claims that employees who felt they fit their role and the culture of their employer rated their productivity at 7.2 out of 10. This compares to just 5.3 out of 10 for those employees who felt they were a poor fit for both these factors.
May 20, 2019
A new report claims to reveal fresh insights into how firms assess workplace productivity. The report, published by Jabra, argues that many businesses cannot decide how to tackle the problem of measuring productivity – or who is ultimately responsible for doing so. The report is based on interviews with 688 CEOs and board level executives in the US, UK, France, Germany, Sweden and Denmark.
May 8, 2019
Productivity in the office is a big thing, as the more productive employees are, the more successful the business will be as a result. While most people go through peaks and troughs of productivity during their working life, it’s important for employers to give it their all when it comes to trying to keep the workforce as productive as possible. Therefore, many have come up with ways to make this happen.
September 20, 2019
Climate change demands we shift our focus from productivity
by Simon Mair • Comment, Environment