Search Results for: contractors

November 28, 2018

New report challenges idea that productivity has no link with income

A new IZA World of Labor report published today suggests that workers’ effort may be more responsive to wage incentives and therefore the efficiency costs of progressive labour income taxation larger than previously thought. A fundamental question in economic policy is how labour supply responds to changes in remuneration. The responsiveness of labour supply determines the size of the employment impact and efficiency loss of progressive income taxation for example. The economist Tess Stafford of the University of New South Wales, Australia, summarises a number of recent studies of independent contractors’ labour supply which confirm a key prediction of economic theory: workers work more (in fact, quite a bit more) when earnings are temporarily high.

September 18, 2018

Half of all workplace tasks will be performed by machines within seven years

by Neil Franklin • News, Technology

The world is going through a workplace revolution that will bring a seismic shift in the way humans work alongside machines and algorithms, according to new research by the World Economic Forum. By 2025 more than half of all current workplace tasks will be performed by machines as opposed to 29 percent today. Such a transformation will have a profound effect on the global labour force, however in terms of overall numbers of new jobs the outlook is positive, with 133 million new jobs expected to be created by 2022 compared to 75 million that will be displaced. The research, published in The Future of Jobs 2018, is an attempt to understand the potential of new technologies to disrupt and create jobs. It is also seeks to provide guidance on how to improve the quality and productivity of the current work being done by humans and how to prepare people for emerging roles.

September 6, 2018

Gig economy growing but employers should continue to cultivate in-house talent

by Sara Bean • Flexible working, News, Workplace

The number of “gig economy” professionals working in organisations is growing and this trend is expected to continue, a survey by Korn Ferry has claimed. More than half (60 percent) of HR professionals say that compared to three years ago, gig workers now make up a larger percentage of their professional workforce, and 42 percent say they plan on hiring more contingent workers in the future. The reasons, according to the survey, include cost savings, access to high-calibre talent and ease of managing gig economy professionals. Despite the fact that many gig professionals work remotely, 67 percent of the HR professionals surveyed say they are confident they know what the gig professionals are doing on a day-to-day basis, and 42 percent say these contingent employees are easier to manage than full-time employees. However, according to Jeanne MacDonald, president of Global Talent Solutions for Korn Ferry’s RPO and Professional Search Business, organisations should proceed cautiously and ensure they continue to cultivate in-house talent.

August 9, 2018

Is driver behind the widening parental leave gap a lack of rights in the gig economy?

by Sara Bean • Comment, Flexible working, Legal news, News, Workplace

The already low number of fathers claiming paternity leave has fallen for the first time in five years, to 213,500, down 3 percent from 221,000 last year an analysis by law firm EMW has revealed. To help encourage more men to take paternity leave, the Government launched the shared parental leave scheme in 2015. However, take up of the scheme has also been slow, with less than 2 percent of all UK fathers participating. These latest figures suggest that hundreds of thousands of men are not taking up their entitlement to paternity leave. In comparison with low rates of paternity leave, nearly treble the number of mothers (662,700) took maternity leave in 2017-2018, up from 661,000 in 2016/17. More →

July 25, 2018

RICS and IFMA launch Procurement of Facilities Management statement to address “race to the bottom”

by Neil Franklin • Facilities management, News, Property

The Royal Institute of Chartered Surveyors (RICS) has today launched its first professional statement to ‘reduce risk, increase transparency and further trust’ in procurement in facilities management. The RICS Procurement of facility management, RICS professional statement, UK 1st edition, was worked on in collaboration with IMFA, and also the Chartered Institute of Purchasing and Supply (CIPS). RICS says it will be looking to make this a global professional statement in due course. All RICS regulated professionals (mandatory from the 1 October 2018) will be expected to follow this guidance, but according to RICS, adoption of the framework would be competitively beneficial for all property professionals involved in the procurement of FM services, including those acting for landlords and occupiers, FM suppliers procuring services from sub-contractors and investors and public and private occupier organisations.

July 20, 2018

Training and flexible working are the keys to staff retention

by Neil Franklin • Flexible working, News, Workplace

Firms are more likely to improve levels of staff retention if they increase their investment in training, and introduce more flexible working practices, according to a survey by the British Chambers of Commerce (BCC) and recruitment company Indeed. The survey, of over 1,000 businesspeople across all sizes or organisation and sectors, shows that just under half (42 percent) of businesses would invest in training and developing their staff in order to increase staff retention, while 38 percent would look to introduce flexible working practices, from flexible hours and remote working to job-sharing.

July 11, 2018

Avenue HQ is named as Coworking Space of the Year by IPSE

by Neil Franklin • Coworking, News

Liverpool’s Avenue HQ has been crowned ‘National Co-Working Space of the Year’ by The Association of Independent Professionals and the Self-Employed (IPSE). The award claims to ‘recognise and celebrate the important role coworking spaces play in creating a nurturing, inclusive and stimulating environment for the UK’s 4.8 million-strong self-employed workforce’. The coworking industry is booming globally as companies of all sizes recognise the importance of working environment on employee and business performance. Pioneered by start-ups, entrepreneurs and freelancers, a growing number of companies, large and small, are incorporating the concept and rapidly reaping the benefits.

July 5, 2018

Responsible office fit-out toolkit published by Building Better Partnerships

by Neil Franklin • News, Property, Workplace design

Commercial property trade body Building Better Partnerships (BBP) has today published its latest free industry guidance – Responsible Fit-Out Toolkit: Offices. The Toolkit claims to provide guidance for owners and occupiers on how to integrate sustainability and wellbeing into an office fit-out. The authors claim that while workplace design plays a pivotal role in demonstrating a business’s values and can have an immense impact on the comfort and productivity of those working within and visiting a space, opportunities are rarely fully appreciated.

April 18, 2018

Business leaders struggling to keep up with demands of individuals and technological developments in the workplace

by Mark Eltringham • Flexible working, News, Technology, Workplace

Organisations are struggling to keep pace with workplace shifts including skills gaps, the development of artificial intelligence, the demands of employees and new social expectations, according to the latest Human Capital Trends report from Deloitte. In its 2018 edition, The Rise of the Social Enterprise, Deloitte focuses on the growing expectations of individuals and the pace at which technology is shaping organisations’ human capital priorities.

April 6, 2018

Women are happier and more engaged at work than men, despite the gender pay gap

by Sara Bean • Legal news, News, Workplace

Following the deadline for organisations to publish their gender pay this week, it came as little surprise to find that almost eight in 10 organisations pay men more than women. The debate over the reasons why will continue, but new research now claims that women remain happier and more committed at work than men, despite this disparity. Employee benefits provider Personal Group’s Gender Happiness Gap research shows that contrary to, and perhaps in spite of the fact that the Gender Pay Gap tends to favour men, happiness at work tends to fall in favour of female staff, with men much less happy in the workplace than their female counterparts. Whilst 77 percent of PAYE female employees are happy at work at least some of the time, the figure is only 66 percent for men. This means that one in three men are rarely or never happy at work. The case is similar when looking at the total workforce: 45 percent of female staff stated that they’re happy most of the time at work, versus only 38 percent of male staff. Amongst women, the 30-49-year-old age group is the unhappiest age group, which may be due to juggling family life alongside working commitments.

February 28, 2018

The very idea of good work in a gig economy remains a distant ideal

by Tonia Novitz, Alan Bogg et al • Comment, Flexible working

Don Lane’s employment contract for his work as a courier described him as an “independent contractor”. This meant he was neither an “employee” nor a “worker”, so not entitled to legal rights such as protection against dismissal, paid holidays, or statutory sick pay. The 53-year-old also suffered from diabetes, and had previously been fined £150 by the delivery firm he worked for for missing work to attend a hospital appointment. He died in January 2018 after working through the Christmas season despite his illness. The following month, the British government revealed its response to an earlier official report on modern working practices and the gig economy. That report, by Matthew Taylor, contained 53 recommendations to improve the working environment, or achieve the report’s title, namely ‘good work’.

January 5, 2018

The global BIM market projected to reach $18.8 billion by 2024, report claims

by Mark Eltringham • Architecture, Facilities management, News, Technology

The global BIM market was valued at $3.6 billion in 2016, and is projected to reach $18.8 billion by 2024, growing at a compound annual growth rate (CAGR) of 22.9 percent from 2016 to 2024. This is according to the report Global Building Information Modelling Market. In 2016, the BIM software segment generated the highest revenue share of $2.7 bn, growing at a CAGR of 23.4 percent. Among major regions, North America is currently leading the BIM market with the revenue of $1.07 bn, however, Europe and Asia Pacific are expected to surpass the North American market by 2021. According to the report, the emerging countries of Asia Pacific and Europe will experience a steep growth in the market because of infrastructure developments. The rise in population and the requirement for new buildings and structures will lead to a hike in the growth of the market in countries such as India and China.