Search Results for: retirement

Talkin’ about my generation: Harnessing the power of the multigenerational workplace

Talkin’ about my generation: Harnessing the power of the multigenerational workplace

by • Comment, Workplace

A child born in the west today has a 50 percent chance of living to be at least 105. This is of course a good thing – most people welcome the idea of a longer, healthier life – but it does mean that many of us will need to work longer as pension funds shrink and retirement ages increase. This has led to a new reality for business, the rise of the multigenerational workforce. Organisations that recognise that they can draw on talent from all ages and life stages will have a competitive advantage over those with a more traditional outlook. However, this new model can also present challenges – something that all businesses should consider. More →

People who experience early redundancy have poor health in later life

People who experience early redundancy have poor health in later life

by • News, Wellbeing

People who involuntarily lose their job early in their career have poorer health in later life, according to new findings from the University of Kent in the UK and the University of Bamberg in Germany. Researchers, including Dr Olena Nizalova from the Centre for Health Service Studies (CHSS) within the School of Social Policy, Sociology and Social Research (SSPSSR) at Kent, set out to establish what the long-term implications of enforced unemployment are on individuals over the course of their life, particularly in later life.

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Overwhelming majority of workers have changing workplace expectations

Overwhelming majority of workers have changing workplace expectations

by • Flexible working, News

New research from Aon claims that 97 percent of employers agree that employees’ expectations of their experience in the workplace are changing. Aon’s Benefits and Trends Survey 2019 (registration required) suggests that employers are saying that employees’ top priorities now include flexible working hours, agile working, mental health, diversity and inclusion and parental leave. Aon’s Benefits and Trends Survey, now in its ninth year, is formed from the responses of over 200 employers of all sizes, including those with fewer than 100 employees to many thousands, who work across a broad range of sectors, with 75 percent of them working internationally. This year, a number of new questions were introduced, including changing workforce demographics, to support employer benefit strategies and provide industry analysis.

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Third of workers feel so undervalued by their managers they are planning to leave

Third of workers feel so undervalued by their managers they are planning to leave

by • Flexible working, News, Workplace

Third of workers feel so undervalued by managers they are ready to leave

Poor relationships with their managers and a lack of development opportunities are leading to more than a third of workers feeling dissatisfied in their current jobs, claims new research from The Institute of Leadership & Management. Around 1,400 members of The Institute of Leadership & Management completed a survey, which asked about their plans and aspirations for the New Year. The survey revealed that 34 percent are likely to change their job this year. Three quarters (74 percent) admitted the New Year leaves them feeling like they can achieve more in their careers, and because January also inspires self-reflection and a desire for change. More →

No more blank slate, lots more workplace choice and some other stuff

No more blank slate, lots more workplace choice and some other stuff

by • Features

The Christmas and New Year break can prove a burial ground for content. This is a shame because there is as much great stuff around at this time of year as any other. And just as much casual dross. The workplace sector retains its tendency to consume and parrot comfortable, simplistic narratives, in lieu of the challenging and nuanced ideas that tell us far more about who we are and where and how we work. Unsurprisingly Neil Usher was one of the first out of the gates in expressing a wish for something new for the New Year.

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European property sector predicted to grow next year, despite economic challenges

European property sector predicted to grow next year, despite economic challenges

by • Facilities management, News, Property

European property sector predicted to grow next year, despite economic challengesThe European property sector is predicted to grow next year, according to CBRE’s 2019 EMEA Market Outlook report. Although recent indicators suggest some slowing of momentum economic growth in Europe will remain above-trend rate in 2019 and 2020, with Spain, Ireland and the central European countries expected to see the fastest economic growth. France’s growth is expected to accelerate as recent economic reforms begin to pay off; however, UK growth is expected to remain below-trend, but with better long-term potential once the current uncertainty around Brexit passes. Office markets around the region are expected to see positive growth in leasing levels in 2019. However, major European cities, including Paris, Berlin, Stockholm and London, are expected to see lower levels of employment growth in office-using sectors. More →

The self-employed live day to day but remain worried about plans for the future, claims study

The self-employed live day to day but remain worried about plans for the future, claims study

by • News

Self-employed workers are mostly financially secure and happy in the present, but concerned about the future, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and Sherpa has found. The report, ‘The Path to Prosperity, claims that although almost three quarters (72 percent) of freelancers are currently enjoying life because of how they are managing their money, 77 per cent are concerned the money they have – or are going to save – will not last. It also found that over half (51 percent) of the self-employed have felt anxious or stressed about their financial situation. This is exacerbated by the lack of tailored money management advice and flexible savings products available for the self-employed.

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World Bank report sets out the challenges of the changing nature of work

World Bank report sets out the challenges of the changing nature of work

by • News, Technology

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report studies how the nature of work is changing as a result of advances in technology today.

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Change of mindset can transform workplace performance says Smart Summit

Change of mindset can transform workplace performance says Smart Summit

by • Events, Facilities management, News, Wellbeing, Workplace, Workplace design

Change of mindset can transform work performance says Smart Summit

Changing mindsets and the workplace through co-creative leadership was the theme of the latest Quora Smartworking Summit which took place this week at ExCeL London. Hosted by Quora’s Managing Director John Blackwell, the event featured a distinguished group of senior leaders who discussed under Chatham House rules, how they have helped change their organisation’s mindsets using leadership styles aimed at achieving successful work performance transformations.

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Busy people tend to make healthier choices and enjoy more self-esteem

Busy people tend to make healthier choices and enjoy more self-esteem

by • News, Wellbeing

Busyness is often thought of as a modern day affliction, but it can also help you delay gratification and make decisions that benefit you in the longer-term, according to new research from the global business school INSEAD. In a new paper, Chattopadhyay and his co-authors, Monica Wadhwa, Associate Professor of Marketing and Supply Chain Management, Fox School of Business at Temple University and Jeehye Christine Kim, Assistant Professor of Marketing at HKUST, show that the mere perception of being one of the busy people, or what they call a busy mindset, is a “badge of honour” that can be leveraged to promote better self-control. Their paper, titled “When Busy Is Less Indulging: Impact of a Busy Mindset on Self-Control Behaviours”, has been published in the Journal of Consumer Research.

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Older workers need more support in the workplace, claims report

Older workers need more support in the workplace, claims report

by • News, Wellbeing

Longer working lives have become a reality for millions, yet a significant number of older workers feel unsupported in the workplace, according to new findings from Aviva which claim to highlight the need for UK businesses to boost support for their older workforce. Almost two thirds (63 percent) of the 10.2 million over-50s in work – equivalent to 6.4 million people – are planning to retire later than they thought they would 10 years ago. Many of them are extending their working lives due to the rising cost of living (40 percent) and insufficient pension savings (38 percent).

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Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflict

by • Legal news, News, Workplace

Employers welcome multi-generational workforce but worry about increased risk of conflictImproved living standards, deflating pension pots and legal protection against age discrimination have all helped to nudge up the retirement age. The result is that for the first time since the Industrial Revolution five generations of employees are now working side by side. According to a new survey, two thirds of organisations (66 per cent) say that an age diverse workforce helped the company to have a more comprehensive skillset and knowledge base and more than seven in ten (71 per cent) felt that a multi-generational workforce brought contrasting views to their organisation. However, in the YouGov survey of middle market businesses commissioned by RSM, four in ten companies (41 per cent) said that a multi-generational workforce also increased the risk of conflict in the workplace. More →

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