Search Results for: older

‘Squeezed generation’ of middle-aged workers take most sick days

 

Employers’ concerns regarding the ageing workforce are usually based on the belief older workers will tend to struggle more with health problems. However, new data from AXA PPP healthcare reveals it’s the middle band of workers (30-49) that take more sick days than any other age group; averaging 2.3 sick days in the past six months; with a quarter of these workers taking three or four days off sick. Twelve per cent of this middle age group have taken the equivalent of a working week off sick (5 or 6 days) in the past six months, double the number of 18-29 year olds (6%) and just 5 per cent of those 50-69. This ‘squeezed generation,’ faced with the pressures of balancing work and home, takes least positive steps to help ensure good health; has a fairly negative outlook regarding their jobs and is more stressed than other age group.

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Investors priced out of London commercial property turn to regions

Glasgow commercial propertyAccording to a report from Reuters, foreign competition in the London commercial property market is forcing local investors to invest in regional cities to tap rising rents there, with many making purchases privately to avoid auctions or even building office blocks from scratch. Commercial property in London has become a popular safe haven for investors from places such as Russia, China and southern Europe as a result of the financial crisis, and office prices have bounced back strongly from the lows. From a $4 billion battle for control of the Canary Wharf financial district to the creation of the capital’s tallest building, The Shard, thanks to oil money from the Gulf, many of London’s landmarks have had a helpful overseas financing hand.

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Nearly two-thirds of over 50s say flexible working is best route to retirement

Nearly two-thirds of over 50s say part time working is the best way to retireAround half of over 50s would like to carry on working part time after 65, while 39 per cent of feel that working part time or flexible hours before stopping work altogether would be the best way to retire. According to new research, one in four over 50s said they would be interested in taking a few months off and then returning to work as an alternative to retirement. Meanwhile 36 percent of retirees say their advice to others would be to consider switching to flexible or part time work for a period first before retiring and 33 per cent of over 70s still working said they did so because they enjoyed it. However the poll also reveals some discrimination, with 23 percent of over 50s believing they are viewed ‘less favourably than younger workers’ and 15 per cent experiencing age-based discrimination in the workplace.

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Aging workforce driving uptake of flexible working in UK firms

older UK workforce flexible workingA growing number of employers see flexible working arrangements as an important tool for meeting the needs of their aging workforce, according to a new report from insurance industry trade association Group Risk Development (GRiD). The report highlights how changing attitudes, demographics, longer life expectancy and the abolition of the UK’s Default Retirement Age three years ago have encouraged employers to look at how to foster the wellbeing and meet the needs of older employees. Over a quarter (27 percent) of the 500 UK businesses who took part in the study had introduced flexible working specifically to meet the needs of their ageing workforce and many (22 percent) of employers said dealing with an ageing workforce was among their top three wellbeing issues.

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CIPD claims 2015 should be a ‘rollover year’ for workplace productivity

workplace productivityThe UK labour market will continue to expand at a strong rate in 2015 but there are unresolved issues relating to levels of pay and how best to increase workplace productivity to drive further growth, according to Mark Beatson, chief economist for the Chartered Institute of Personnel and Development (CIPD) in a new report. While the report argues that the ongoing economic recovery and improvements in the labour market are good news for jobseekers and good news for businesses, it also considers it unlikely that we’ll see any real increase in wage growth until 2016. The author also warns that the UK’s steady growth remains vulnerable to developments in Europe and that the UK’s ‘workplace productivity puzzle’ is an urgent issue for policy makers and businesses to address in order to sustain growth.

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UK technological infrastructure not meeting demands of businesses

infrastructureThe UK’s technological infrastructure is failing to keep pace with the availability of broadband and mobile services and not meeting demands of small businesses and homes, according to Ofcom’s Infrastructure Report 2014. The report outlines the challenges facing the Government as it seeks to deliver appropriate technological infrastructure for both businesses and consumers. The report suggests that  although there is an overall improvement in the availability and quality of broadband services, many remote and rural areas aren’t being connected quickly enough, there are too many urban ‘not-spots’, a lack of superfast broadband for small businesses and no discernible plan for the uptake of the next generation of ultrafast broadband. The report found the average UK household or small business is downloading 53 Gigabytes (GB) of data on their fixed broadband line every month.

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Can the workplace environment change an organisation’s culture?

Woolverine02 workplace It is rare that organisations are totally satisfied with their current culture. They will often see what can be improved and at the same time recognise that these improvements will inevitably stem from a change in behaviour or the attitude of their employees. What is important to remember is that a change in the design of the physical environment will not, by itself, change the culture of an organisation. But workplace design can reflect the desired culture of the organisation, and help to promote certain behaviours and attitudes. It can also help to reinforce the unique attributes of your organisation in a powerful, subliminal way. Culture results from the values and behaviours of employees and is best understood by the relationships internally between individuals, teams and departments. Culture can also be seen through relationships externally with customers, suppliers and stakeholders

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We should bring the soft landings idea back to Earth with a bump

Soft landingsSoft landings, hit the ground running, smooth handover, transition phase: whatever words you choose to describe the process the principle is the same. Managers and occupiers of a building – any building, want it to function properly. But why is this apparently so hard for anybody to achieve? Soft landings feels more like tainted love right now. So, think back a few steps and imagine you’re buying a brand new, shiny new-build house. It doesn’t come with an instruction manual, but it is a house – what’s not to know about it. But even new homes have issues. Maybe cracking in plaster, gaps around architraves, doors not closing smoothly and heating systems that is noisy and untested. In the trade it’s called snagging. You call the builder up, you make a list he comes round your new house and checks the list and then argues about the repairs.

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Next ten years will see a surge of activity in new smart cities era

fs_gfx_smart-cities-concepts-v1Researchers Frost & Sullivan are promoting a study of the world’s smart cities which predicts that the global market will be valued at US$1.565 trillion by 2020. The report also claims that there will be a minimum of 26 smart cities worldwide  by 2025 with more than half in Europe and North America. By 2025, nearly three fifths of the world’s population, or 4.6 billion people, will live in an urban setting and in developed regions, this figure could run to over 80 percent. This new era of urbanisation will force planners to radically rethink how they create cities, develop digital infrastructure and provide services to residents  in a sustainable manner across a range of key parameters. The report defines smart cities as those built around ‘smart’ and ‘intelligent’ solutions and technology that lead to the adoption of at least 5 of 8 key parameters—energy, building, mobility, healthcare, infrastructure, technology, governance and education, and citizen.

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New report offers occasionally surprising vision of the future of work

Future of WorkA new report into the future of work from Cisco claims –unsurprisingly – that employers are shifting their workplace policies to accommodate new demands from employees for more flexible working styles, regardless of their demographic cluster. The 2014 Cisco Connected World Technology Report also also claims that the majority of both Generation X and Y professionals already believe that smartphones and wearable devices will be the workforce’s most important communication devices by 2020 – while the laptop will maintain its place as the workplace device of choice. These devices and their attendant software and apps will drive the uptake of flexible working although sixty percent of respondents to the survey still prefer to take notes using a pen and paper. Two of the most intriguing findings of the report are that while just over half of Gen Y professionals think they are more efficient than older workers (roughly in line with the perceptions of older workers themselves) this is way out of step with the impression HR professionals, and the majority of people still believe that the future of work still lies in the office, at least some of the time.

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Gender pay gap at lowest point in history, reports ONS

800px-Mind_the_gap_2 (1)The gender pay gap is now at its lowest point in history, with more women in work than ever before. According to new statistics by the Office for National Statistics (ONS) the pay gap has reduced by 0.7 percentage points over the past year to 19.1 per cent, and for those in full-time work the gender pay gap has reduced to almost zero for those under 40. Action is being taken to tackle one of the reasons for the pay gap – career breaks, often to raise a family by extending flexible working to all employees, and from next year, tax-free childcare and shared parental leave will come into effect. However, one of the main causes of the gender pay gap is that men tend to work in better paid sectors to women so a range of measures are being introduced to help women move from low-paid, low-skilled work into higher paid, higher skilled work. This includes a new £2 million training and mentoring programme of events for women, including those working part-time and older workers, to be carried out by the UK Commission for Employment and Skills. This will target women working in the science, technology, engineering and maths (STEM), retail and hospitality management and agricultural sectors.

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Group of UK’s major employers urges widespread uptake of flexible working

flexible workingSome of the UK’s largest companies are jointly spearheading the call for the greater uptake of flexible working. On Monday, the 22 companies that make up the Agile Future Forum highlighted the role that factors such as new technology, changing demographics and globalisation are having on the business case for the adoption of agile working practices. Firms such as John Lewis, ITV, Ford, Tesco, Lloyds, BT and B&Q are championing the cause of agile working as a way of running a business that is competitive, productive, attractive to employees and able to compete on the world stage. The AFF, set up by former Lloyds chairman Sir Win Bischoff, used the event to publish its latest research to highlight the ways in which it believes the UK is one of the best-placed countries to foster flexible working in spite of a range of recalcitrant and restrictive working practices. The event cited a recent CBI survey which found that while 97 per cent of UK businesses agree that agility is key to growth, many still offer a limited range of flexible working practices.

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