February 20, 2022

How to convey company culture instantly while hiring

Thirty-eight million American workers left their jobs last year. While better pay and more flexible working conditions typically top the list of reasons for leaving an employer, workers need a bit more than that to seal the deal. To be sure, in a recent Cappfinity /YouGov survey, 80 percent of job seekers said it’s important to understand a company culture before accepting an offer. Company culture, in fact, has played a key role in the pushing and pulling of workers from and to jobs. Some job seekers are motivated by the escape from a toxic work environment. Others are looking for companies that have figured out how to support more social interaction across teams. If you can’t authentically convey your own company’s culture to job candidates, they won’t be able to determine whether the job is right for them. More →

February 20, 2022

Firms will need to build bridges with employees as they adapt to hybrid working

by Neil Franklin • Flexible working, News, Workplace

As we enter a new phase of working life following the short term changes made to cope with the pandemic, the three key priorities for the 1,300 employers surveyed by the Benefits & Human Resources Consulting operation of Gallagher for its 2021/2022 State of the Sector report (registration) are: the need to re-engage their teams around purpose, strategy and values (53 percent); the need to adapt communication channels to engage the workforce better as they move to newly implemented models of hybrid working (39 percent); and the need to enhance people manager communications (31 percent). More →

February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. More →

February 15, 2022

Office still important for nurturing friendships and inclusivity, report claims

by Jayne Smith • Flexible working, News, Workplace

The physical office remains vital for nurturing friendships, and supporting a diverse and inclusive workforce, according to O.C. Tanner’s 2022 Global Culture Report which analysed the perspectives of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K. Around two thirds (63 percent) of U.K. workers admit that it’s more challenging to form new friendships with colleagues when working remotely, and 58 percent of workers state that the office is where most of their new friendships are formed. More →

February 15, 2022

The opportunities and challenges of new technologies for AML

by Freddie Steele • Company news, Technology

Back in 2021 the Financial Action Task Force (FATF) put out a paper on the opportunities and challenges that new technologies are bringing to Anti-Money Laundering (AML) and counter-terrorist financing (CTF) efforts. If you are unaware of who the FATF is it may be worth your while to investigate farther into it. For now, though, let it be known that they are an independent inter-governmental body that defines the rules and procedures that need to be in place to prevent these two criminal activities. More →

February 14, 2022

New RICS framework aims to “put people at heart of commercial property”

by Neil Franklin • Flexible working, News, Property

A new framework from the Royal Institution of Chartered Surveyors has been designed to improve building use, support flexible working and put people at the heart of decision making about commercial property. RICS says the International Building Operation Standard will provide organisations an interactive easy-to-use framework, supported by an assessment tool, to measure and benchmark building performance, by collecting consistent data to satisfy the latest needs of occupiers, investors, advisors and end users. More →

February 11, 2022

Wellbeing strategies often fail to align with business objectives

by Neil Franklin • News, Wellbeing, Workplace

Employers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. More →

February 10, 2022

ESG concerns mean half of younger workers considering career change

by Neil Franklin • News, Workplace

Companies across the UK risk losing out on top talent if they fail to take account of younger workers’ greater ethical awareness, with the majority willing to sacrifice earnings for their values. New research by Robert Half claims that nearly two in five (38 percent) employees would look for a new role if they thought their organisation was not doing enough on ESG (environmental, social and governance) issues, such as reducing carbon emissions or operating ethically. More →

February 9, 2022

Climate change risk should be factored in to investment decisions

by Neil Franklin • Environment, News

Ahead of mandatory requirements to disclose climate change related risks coming into force in April 2022, the UK Green Building Council (UKGBC) has published a new Framework providing businesses with a consistent methodology for measuring climate-related risks across their built assets, as well as empowering asset owning businesses of all sizes to better understand and plan for the physical risks of climate change. More →

February 8, 2022

New business climate demands agility from managers, report claims

by Jayne Smith • Business, News

A new report, The Big Reset Playbook: Change Agility (registration) from work trends analyst The Josh Bersin Company, claims that traditional approaches to change management have often fallen short of expectations, and that new workplace practices based on agility are now needed to manage change in a new business climate. According to the report ‘businesses are looking to tackle the challenge of managing change in a new reality that includes the shift to hybrid working, globalization and The Great Resignation’. The research claims that in companies that successfully manage change, leaders and high performers reinforce the company’s mission and purpose, explain how their reinvented business models work, create cross-functional teams to design and implement change, and maintain forward momentum. More →

February 4, 2022

Want people to return to the office? Then create the best office in the world

by Mike Hills • Features, Wellbeing, Workplace design

More obituaries have been written for the office in the past two years than at any time in history. It has often seemed like even the best office in the world couldn’t preserve the idea of the office. And it’s not like the obituaries were all that rare even before the pandemic forced us to reappraise our relationship with work and the times and places we do it. While all these death notices were being served, one particularly well-informed organisation was making some more interesting observations about it all. In particular, it constantly raised the most fundamental question of all. More →

February 4, 2022

Poor workplace culture means people are more likely to pull a sickie

by Jayne Smith • News, Wellbeing, Workplace

A new report from O.C. Tanner calls into question the validity of ‘National Sickie Day’ (7 February 2022), instead pointing to poor workplace culture as the root cause of over a quarter of absences. The 2022 Global Culture Report claims that 28 per cent of UK workers have taken more days off lately to avoid work with over a quarter (26 per cent) admitting that they dread going into work. The study of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K suggests that the pandemic has caused social connections to break down, and this has led to more mental health challenges with lonely and disengaged workers looking for ways to avoid work. More →