Search Results for: risk

You should not expect the coworking bubble to burst anytime soon

You should not expect the coworking bubble to burst anytime soon

Coworking is not the norm yet, but it is headed that direction. In fact, a sign of its success is the fact that it has moved from being labelled a fad to asking if it is a bubble about to burst. Here’s a short answer: it is not going to go pop, fizzle out or run out of steam anytime soon. Why would it? Coworking is not something driven by real estate and developers. It reflects how our society is changing.

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Majority of staff refuse to admit tiredness is affecting their performance at work

Majority of staff refuse to admit tiredness is affecting their performance at work

Majority of staff won't admit tiredness is impacting their performance at work

Almost half of employees regularly turn up to their job feeling too tired to work but according to a new survey the majority (86 percent) are not able to speak openly with their line manager about how tiredness is impacting on performance. The research from Westfield Health has found over one in ten (11 percent) of UK workers have purposefully taken a nap at work, and over a third (34 percent) say their mental wellbeing is reduced due to tiredness and fatigue. Fatigue, which is defined as extreme tiredness resulting from mental or physical exertion or illness, is stretching beyond work for UK employees, with 55 percent saying it is affecting them at home too. Almost half (46 percent) said they regularly turn up to their jobs feeling too tired to work, and more than a third (37 percent) say they tend to be more forgetful and make errors as a result of tiredness. This is a worrying concern when it comes to the built environment, particularly construction.

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Over half of men want to be more involved in childcare, major new report claims

Over half of men want to be more involved in childcare, major new report claims

More than half of men who have children or other caring responsibilities want to be more involved in childcare, a new study commissioned by Business in the Community, in partnership with Santander UK, has found. The Equal Lives research asked 10,225 UK parents for their views on work and care, and found that traditional gender roles in caring are seen as increasingly outdated, with 85 percent of men believing that they should be as involved as women in caring for their children.

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Reinventing jobs for an automated future workplace

Reinventing jobs for an automated future workplace

Earlier this year, the European Commission announced it will invest €20 billion in Artificial Intelligence (AI) research and development by 2020 to boost the adoption of AI and robotics across multiple industries, which will have a significant impact on the way work across sectors gets done. Facing demographic deficits, Europe and Japan – and to an extent the US and China – are highly motivated to continue investment into AI, which is growing at an annual rate of 15 percent, and set to reach $1 trillion globally by 2050, according to Morgan Stanley.

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Employees more productive when they understand the company goals

Employees more productive when they understand the company goals

Employees more productive when they understand the company goalsBeing made to feel you’re making a positive contribution to your organisation is an important motivator, but a new study suggests over half of employees believe they would be more productive if they knew how their work fitted into overall company objectives. According to the research from Asana this lack of transparency means a third of UK employees believe their business suffers from a lack of direction, with employees complaining that they do not know what their company stands for and are completely unclear of the company’s long term and short-term goals. This unsurprisingly is having a direct impact on employee motivation, with and framed within the context of the UK’s productivity conundrum.  A lack of clarity of company goals across businesses is not the sole reason that the UK is experiencing a productivity conundrum, but there is a clear disconnect between strategic goals and the jobs being executed on a day to day basis.

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Larger businesses far more stressful to work for than smaller firms

Larger businesses far more stressful to work for than smaller firms

Larger businesses far more stressful to work for than smaller firmsWe reported yesterday that younger job seekers who favour corporates could be missing out on greater opportunities within smaller organisations, and now new research suggests that despite margins often being tighter and tensions or losses often being felt more keenly in smaller businesses, the level of occupational stress workers feel directly correlates to the size of the company they are in. Micro businesses employing a maximum of four members of staff were less likely than those in businesses of any other size to feel work-related stress, with 45 percent of employees reporting this to the Perkbox 2018 UK Workplace Stress Report. This figure increases to 57 percent for small businesses (5 – 50 staff) and again to 62 percent for small to medium sized organisations (51 – 500 employees).  Finally, workers at larger sized businesses – those with more than 500 members of staff – report the greatest instances of staff experiencing workplace stress (65 percent).

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SMEs more likely to offer flexible working than larger businesses

SMEs more likely to offer flexible working than larger businesses

SMEs more likely to offer flexible working than larger businesses to reduce absenceMore SMEs than larger businesses offer flexible working as a way of reducing absences, research from industry body Group Risk Development (GRiD), suggests. The research showed that 35 percent of SMEs with up to 249 employees are actively using flexible working strategies to combat absence compared to just 23 percent of organisations with over 250 employees. Drilling down further into the detail, 38 percent of micro businesses with between 1 and 9 employees use flexible working as a means to reduce absence. Flexible working now means a lot more than allowing an employee to work from home when they are feeling under the weather, and following changes in the law in 2014, it is now an option for everyone with at least 26 weeks continuous employment to request it – not just those with children or carer responsibilities. It also includes part-time working, term-time working, job sharing, compressed hours and flexitime. A greater degree of flexibility can increase productivity and reduce burn out, particularly in stressful occupations.

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The global problem of overwork and the right to disconnect

The global problem of overwork and the right to disconnect

Anybody who doubts the importance of work and working culture to people’s lives should look at the resistance to President Macron’s mooted changes to labour laws. His attempts to modernise and liberalise French workplace legislation marked the first cracks in his reputation and brought millions of French workers to the streets as part of a national strike.However, one change to French legislation that met with little or no resistance earlier this year was a new right to avoid work emails outside working hours. Under the legislation, firms with more than 50 workers will be obliged to draw up a charter of good conduct, setting out the hours when staff are not supposed to send or respond to emails as they seek a right to disconnect.

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Older workers need more support in the workplace, claims report

Older workers need more support in the workplace, claims report

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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The digital workplace could provide the key to organisational success, claims Microsoft

The digital workplace could provide the key to organisational success, claims Microsoft

New research from Ingram Micro Cloud and Microsoft suggests that organisations without the right digital infrastructure in place to support flexible working risk their long term survival. In a white paper titled The Modern Workplace (registration needed), the firms claim that 60 per cent of under-35s place greater value on the ability to work in flexible ways than many other job features including holiday allowances. The report suggest that while under 35’s are at ease using cloud-based collaborative, file hosting and sharing tools to do their jobs many employers fail to provide this digital infrastructure.

Absenteeism at record low and it may be because people are worried about their jobs

Absenteeism at record low and it may be because people are worried about their jobs

A new report from the Office for National Statistics suggests that the number of sickness days taken by UK workers has almost halved over the past two decades to reach a record low. It dropped from an average of 7.2 days in 1993 to 4.1 days in 2017, and had been steadily falling since 1999. The total days lost for all workers last year was 131.2 million, down from 137.3 million in 2016 and 178.3 million in 1993. Since the recession, sickness absence rates have declined by 0.5 percentage points to 1.9 per cent last year. The reasons are not explored in the report but one possible explanation would be the growing number of people prepared to work when they should really take time off. A May report from the CIPD claims that the number of companies reporting a rise in employees going into work when they were ill had more than tripled since 2010 and warned that organisations should do more to discourage “presenteeism”.

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Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

Fears that Artificial Intelligence will destroy the job market are not shared by more than half (51 percent) of UK CIOs who see AI as a job creator. This is more than three times the number who say that it will diminish workers’ job prospects (16 percent). For the survey UK CIOs were asked, ‘Artificial intelligence is changing the way that companies operate and people work. Do you think AI will have a positive or negative impact on job creation and recruitment?’ Their largely positive response closely reflects that of a recent PWC report which predicts AI could create as many jobs as it displaces in the UK over the next 20 years. More →