Search Results for: performance

Quarter of UK managers would take a pay cut for a job with a clear purpose beyond profit

Quarter of UK managers would take a pay cut for a job with a clear purpose beyond profit

Quarter of UK managers would take a pay cut for job with purpose beyond profitMore than a quarter of managers (27 percent) in British companies would likely accept a salary cut to work for a company that has a clear purpose beyond profit a new report claims.  A third (32 percent) would actually consider leaving their job if a greater purpose was unclear, while more than half (53 percent) would if their company’s values and purpose didn’t align with their own. The YouGov survey, commissioned by Danone UK, highlights the importance of having a defined company purpose that marries commercial success with social progress.  The findings support a new report by not-for-profit think tank Tomorrow’s Company and Danone UK, that explores the importance of having a purpose beyond profit in helping companies to prosper in the face of workplace challenges created by an uncertain world. The Courage of their Convictions is built from interviews with senior leaders from within some of the UK’s biggest purpose-driven brands, including Danone, John Lewis, Mars, Philips, Tata Consultancy Services and Unilever.

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Occupational health services can benefit organisations and booster economy says report

Occupational health services can benefit organisations and booster economy says report

Occupational health services can benefit organisations and booster economy says reportIt can be proven that a well implemented Occupational Health service can offer a good return on investment, finds a new report. A white paper, produced by the Society of Occupational Medicine (SOM), the International SOS Foundation and KU Leuven University, “Occupational Health: the Global Value and Evidence”, discusses the value of OH from a global perspective and provides a synthesis of global evidence on the effectiveness of OH interventions and cost effectiveness. With fatal and non-fatal work-related injuries and illnesses worldwide equating to a cost of approximately €2680 billion, equivalent to 4 percent of the global GDP or the entire GDP of Great Britain organisations, their workforce, and society have to bear a substantial cost. The paper demonstrates that Occupational Health services bring value by improving the health of the working population; contributing to the prevention of work-related illnesses; preventing avoidable sickness absence through the provision of early interventions for those who develop a health condition; and increasing the efficiency and productivity of organisations. They can also play a major part in protecting and revitalising the global economy.

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Canada leads the way in worldwide surge in adoption of green buildings

Canada leads the way in worldwide surge in adoption of green buildings

Major metropolitan office markets across the globe are seeing a significant increase in the adoption of green building certification programmes, according to the inaugural International Green Building Adoption Index (IGBAI) – a study by CBRE and Maastricht University. The study reports that 18.6 percent of space in 10 markets across Australia, Canada and Europe is now certified green versus just 6.4 percent in 2007. Canadian cities set the pace, with 51.6 percent of the space in Vancouver (pictured) and 51.0 percent in Toronto holding green certifications. This is particularly notable for Vancouver, as the city has a formal initiative and action plan – “Greenest City 2020” – toward becoming the greenest city in the world by 2020. In Vancouver and Toronto, green buildings trends will continue to drive both new development and redevelopment of office product. In Vancouver, more than half of the 1.5 million-square feet of product under development is being built to high green certification standards, while much of Toronto’s existing class A product is undergoing intensive capital improvement projects that include upgrades aimed at earning green certifications as well.

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Remote working may be doing some people more harm than good

Remote working may be doing some people more harm than good

Remote working isn’t necessarily as ideal as we have grown to believe, according to a new survey which claims it may be doing more harm than good in some cases. The new research report from Citrix claims that remote working may actually hurt productivity and often makes employees feel disconnected, lonely, and not having access to all the right and necessary technology to get the work done on time, and in proper fashion. Out of 1,000 workers and 500 managerial-level employees in the UK who were polled for the report, 81 per cent said their companies do have more than one location where they can work. These locations differ in performance regarding technology, culture, resources and collaboration.

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

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

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Employee productivity is being hindered by information overload

Employee productivity is being hindered by information overload

Employee productivity is being hindered by information overload, finds surveyMore than a third of employees’ waste significant chunks the working day because of difficulties retrieving valuable information, with two-fifths of businesses admitting to having no processes in place to capture, record and retrieve business communications. The research conducted by 3Gem on behalf of TeleWare, claims that 36 percent of employees have wasted a lot of the working day attempting to resolve an issue when they have forgotten valuable information. A similar number (34 percent) explained that forgetting information has led them to deal ineffectively with customers, suppliers or clients. While around a quarter have missed important deadlines (26 percent) or let their colleagues down (25 percent) due to not having the necessary information front of mind. Britain is not doing very well when it comes to workplace productivity. According to the latest G7 productivity analysis from ONS, in terms of output per hour worked, the UK scored 15.1 percent below the average for the rest of the G7 advanced economies.

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Lack of effort by UK employers to retain staff is increasing talent turnover

Lack of effort by UK employers to retain staff is increasing talent turnover

Lack of effort by UK employers to retain staff is resulting in high talent turnover

UK employers are facing increasing levels of staff turnover with one in seven (14 percent), or roughly 4.5 million employees predicted to seek a new job in near future, according to research carried out by Robert Half UK. Employers have registered this shift with almost three in five (61 percent) reporting an increase in voluntary employee turnover in the last three years. The research also showed that over half (51 percent) expect employee turnover to increase in the next three years. Yet many businesses still fail to employ basic retention initiatives. Only half (47 percent) of organisations run training and development programmes to help build employees’ skills and support career development, while most don’t have any programmes in place to support employee wellbeing or reward performance. Organisations are also missing out on valuable insight from their departing employees, with more than four in five (83 percent) failing to undertake exit interviews.

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Poor company culture is costing the UK economy £23.6 billion per year

Poor company culture is costing the UK economy £23.6 billion per year

A new report claims that a third of people (34 percent) who leave their job, do so because of perceived poor company culture. The report, authored by breatheHR claims the associated cost of bad company culture is around £23.6 billion per year. The survey of 2,500 people analysed in The Culture Economy, also suggests that well over half of SME leaders (60 percent) consider company culture as a ‘nice to have’ in their business.This mindset has a number of knock-on effects. According to the Chartered Management Institute, effective leadership could improve Britain’s productivity by 23 percent. However, with over half (53 percent) of employees surveyed who distrust their senior management, thinking their bosses ‘didn’t appear to know what they were doing’, there is some work to be done.

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How the UK car industry is driving the future of workplace design

How the UK car industry is driving the future of workplace design

The British car industry has grabbed numerous headlines since the Brexit referendum due declining car sales and the uncertainty of its economic and regulatory prospects. In spite of these mounting concerns, the industry continues to invest in the design of its workplaces, not only by creating inviting and engaging places to work, but also by integrating automotive approaches to design and construction into the work environment. As a result, these workplaces don’t just help car companies to stay competitive; they also provide new ideas for all sectors eager to build smarter and more efficient places to work.

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A vision of how the facilities management profession can embrace the modern workplace

A vision of how the facilities management profession can embrace the modern workplace

Following its March announcement of a proposed name change to reflect a greater focus on workplace issues, the British Institute of Facilities Management has published a new report to explore the relationship between FM and a nascent workplace discipline. According to the authors, the purpose of the report is to ‘highlight the opportunities and challenges that workplace presents for FM by exploring the relationship between FM and workplace – and considering how this relationship could change in the future’. While the report acknowledges that facilities managers have always addressed workplace issues as a core element of their role, recent developments in the way people work and the way firms think about their workspace have led to a new emphasis on workplace as a discipline coupled with a sense that its core principles are subject to a number of misunderstandings.

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CIPD to co-chair Government’s flexible working task force

CIPD to co-chair Government’s flexible working task force

The CIPD has been invited to co-chair the UK Government’s new Flexible Working Task Force. The task force has been established by the Department for Business, Energy & Industrial Strategy to promote wider understanding and implementation of inclusive flexible work and working practices, bringing together policy-makers, employer groups, Unions and employee representative groups, research groups and professional bodies.  More →

Call for more internship opportunities to help employers close skills gap

Call for more internship opportunities to help employers close skills gap

Call for more internships opportunities to help employers close skills gapIt should come as little surprise that graduates who have undertaken an internship are more likely to have honed the skills businesses needs, one of the main findings of the Institute of Student Employers (ISE) annual Development Survey, which launches today (28 March 2018) at the ISE Student Development Conference. The report found that 63 percent of employers believed graduates who had undertaken work experience had the required soft skills, yet less than half (48 percent) thought this of graduates in general. According to the report the five most common graduate skills gaps are; managing up (5 percent of employers believed graduates had this skill); dealing with conflict (12 percent); negotiating/influencing (17 percent); commercial awareness (23 percent and resilience (31 percent). This is why closing skills gaps is a priority for businesses with 74 percent of employers taking specific actions to tackle the issue in 2017. Changes to recruitment and on-the-job training were the most common actions and 16 percent of organisations improved their internship development programmes specifically to close skills gaps.

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