Search Results for: four day week

The sector responds to the Spring Budget

The sector responds to the Spring Budget

Yesterday’s Spring Budget included a number of announcements that affect the various people, place and technology professions in the UK. These include a cut in National Insurance, pension fund reforms, support for working parents, AI, helping people back in to work and more. You can see the Government’s own summary here. The various industry sectors have been quick to respond to the announcements. You can see what some people have had to say below, in no particular order. More →

We need to talk about loneliness

We need to talk about loneliness

From a business perspective, loneliness can be something that is often overlooked, particularly with the growing trend of hybrid workingLast year the World Health Organization (WHO) declared that loneliness is a pressing global health threat. Research has shown that it poses the same health risk as 15 cigarettes a day. According to the ONS, between January and February 2024, one in four adults in the UK reported feeling lonely. The government estimates the cost of severe loneliness per person is roughly £10,000 per year as a result of its impact on wellbeing, health and productivity. From a business perspective, this issue can be something that is often overlooked, particularly with the growing trend of hybrid working. In a connected workplace, employees feel valued, supported, and motivated to contribute their best. More →

Employers must act to offer more choices to people

Employers must act to offer more choices to people

Henley Business School’s World of Work Institute has published a new report on what it calls The Omniployment Era The report claims to identify which what a post-Covid, post-Great Resignation workforce looks like. The study identifies six distinct worker ‘segments’* in the UK workforce and quantifies what attracts and retains them in jobs, and provides advice to businesses on how to build a strong workforce. More →

Oscillate wildly between the death of the office and the death of hybrid working

Oscillate wildly between the death of the office and the death of hybrid working

The media's twisting between the death of the office and the death of hybrid working shows we've reached a point of equilibriumIt’s March 2020, very early days of lockdowns and the first catastrophising headlines appear. Is this the death of the office? Is this the death of handshakes? Is this the death of the open plan? I dismissed them at the time in this piece from March the 19th, citing Betteridge’s Law which states: “any headline that ends in a question mark can be answered with the word no”. More →

People spending more time in offices in search of social interaction

People spending more time in offices in search of social interaction

Office workers now spend more time in the office, with the average creeping up to three and a half days per week compared to three days in 2022, according to a new report from international law firm, Gowling WLG. The report, titled Strategic moves: why the office is now a business-critical decision [registration], surveyed senior representatives responsible for making office lease decisions in companies, and a selection of office workers. It identifies that a more permanent approach to office usage is now emerging, as the shadow of the pandemic recedes, as well as demonstrating the changing metrics being applied by occupiers to decisions relating to premises requirements and the more complex environment for landlord asset management. More →

Many business leaders inadvertently create a culture of fear at work

Many business leaders inadvertently create a culture of fear at work

A new poll of workplace leaders suggests there is an environment of unconscious fear in modern-day leadership, leading to toxic culture, stunted growth, performance and productivity, and decision inertia. The global study of 2,500 emerging leaders in corporate businesses by consultant Margot Faraci, claims that around one quarter (23 percent) of UK leaders are unconsciously creating an environment of fear with direct reports. Globally, this figure rises to one in three (30 percent), indicating a growing worldwide phenomenon of fearful leadership. Fearful leadership carries significant implications for team morale, performance, and overall well-being within organisations. It’s often attributed to past experiences, creating an ongoing cycle of leadership driven by fear. More →

Many people would take a pay cut for more flexible working and shorter hours

Many people would take a pay cut for more flexible working and shorter hours

Two thirds of British workers would be prepared to take a pay cut for an overall better job according to a poll from the hiring platform Indeed. A survey of over 5,000 workers for its Better Work 2023 report found a desire for greater flexibility and less time at work is driving this trend, with a four-day work week (28 percent), a better work life balance (25 percent) and more flexible working opportunities (17 percent) the most likely factors to encourage Brits to take a pay cut.  The mean pay cut workers surveyed are willing to take is 9.2 percent. Given the average salary for UK workers is £33,000, that means the average worker is willing to take a pay cut of £3,036 per annum for a better job. More →

Hybrid working should be supported by a licence

Hybrid working should be supported by a licence

A new report from workplace consultancy Advanced Workplace Associates (AWA) suggests that organisations could introduce a licensing system to ensure employees have the conditions to deliver high performance and work safely, in a hybrid working modelA new report from workplace consultancy Advanced Workplace Associates (AWA) suggests that organisations could introduce a licensing system to ensure employees have the conditions to deliver high performance and work safely, in a hybrid working model. This follows AWA’s most recent Hybrid Index Report, a study of nearly 120 workplaces in 22 countries, representing 155,000 employees, which found that workers are still only coming into the office an average of 1.75 days a week. More →

Younger workers ready to embrace their new robot overlords

Younger workers ready to embrace their new robot overlords

Despite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will 'supercharge' the industry in which they workDespite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will ‘supercharge’ the industry in which they work. According to the second Young Generation in Tech survey, commissioned by HiBob and Venture Capital fund Eight Roads, almost four in five of the 2,000 20-30-year-olds surveyed in tech across Europe believe AI will have a positive impact on their work. More →

Remote and hybrid working may have significant impact on carbon footprint

Remote and hybrid working may have significant impact on carbon footprint

Fully remote workers can have a 54 percent lower carbon footprint compared with fully in-office workers and hybrid working also helps to cut emissionsFully remote workers can have a 54 percent lower carbon footprint compared with fully in-office workers, and all forms of remote and hybrid working have the potential to cut emissions, according to a new study from researcher at Cornell University and sponsored by Microsoft. The authors conclude that lifestyle choices and work arrangements playing an essential role in determining the environmental benefits of remote and hybrid work. More →

Firms look to consolidate office space in response to persistence of hybrid working

Firms look to consolidate office space in response to persistence of hybrid working

Many firms are taking the opportunity to consolidate office space presented to them by the persistence of hybrid workingWorkers able to work remotely are still only coming into an office for an average of 1.75 days a week, a study of 119 workplaces in 22 countries by workplace consultancy AWA claims. The responses, collated in April-May 2023 and representing organisations employing close to 155,000 people, saw a slight increase on AWA’s study a year ago, indicating that office attendance has reached a more or less steady state and that hybrid working is still a favoured solution. More →

Connection and collaboration motivate people to work from an office

Connection and collaboration motivate people to work from an office

The key driver for employees wanting to go into the office is the need for socialisation and collaborationThe key driver for employees wanting to go into the office is the need for socialisation and collaboration, according to the latest quarterly Workplace Index from Eptura. The report claims that this is an acknowledgement of the desire to be part of a community and the potential isolation of working at home. More →