Search Results for: retention

Wellbeing and organisational agility will dominate workplace conversations in 2023

Wellbeing and organisational agility will dominate workplace conversations in 2023

Mental health and wellbeing will dominate conversations about the role of work in people's lives this yearMental health and wellbeing will dominate conversations about the role of work in people’s lives this year, due in part to the effects of the global pandemic, as well as social and economic instability around the world, according to the latest megatrends report from UKG. The report claims that many people are feeling overwhelmed in the face of negative news cycles headlining economic uncertainty, climate change, violence, and political unrest have contributed to a spike in mental wellbeing issues. More →

Three year hike in the number of one-to-one and ad hoc virtual meetings

Three year hike in the number of one-to-one and ad hoc virtual meetings

Two people in an example of virtual meetingsA new study from Vyopta claims there has been a significant increase in the number of one-to-one virtual meetings and ad hoc collaboration on digital meeting platforms over the past three years. Its paper The Evolution of Hybrid Work: A Three-Year Analysis based on data from around 48 million meetings held in 2020, 2021, and 2022 measured engagement trends over time and studied how the workforce is adapting to remote-first and hybrid collaboration. More →

‘Hybrid working hell’ awaits organisations that don’t address workplace culture

‘Hybrid working hell’ awaits organisations that don’t address workplace culture

Devil takes the hindmost when it comes to hybrid workingA new report – ‘Hybrid Heaven or Hell? The journey to hybrid working’ from Poly and the Worktech Academy claims that organisations should carry out an audit to evaluate aspects of of their workplace culture and establish what works and what needs to evolve for hybrid working success. The report includes research from Gallup, Gartner, and Harvard Business Review, as well as Poly’s own insights and findings. The broader research trends were also discussed and debated in a New York roundtable attended by senior workplace design and technology leaders. The report highlights that organisations have been faced with challenges of building and retaining culture which could have a lasting impact on innovation, talent retention and growth. More →

Getting past the uncertainty of GDP to find something better

Getting past the uncertainty of GDP to find something better

Epicenter Coworking Space in Stockholm, where Sweden has an economic model that deals with the uncertainty of GDP as a focusThe other night, my fourteen-year-old daughter was revising for her Economics exam, and we discussed the Swedish Economic Model and its relevance in our own age of uncertainty. According to the International Monetary Fund, Sweden’s national debt to GDP ratio has fallen chiefly since 1995. We proceeded to discuss the term Gross National Product (GDP). GDP measures the monetary value of final goods and services produced in a country in a given period of time over three months or a year. More →

Cost of living will become biggest challenge for HR over the next year

Cost of living will become biggest challenge for HR over the next year

A new poll from employment law and HR consultancy firm, WorkNest, claims that 70 percent of HR professionals believe that the cost of living will be their most significant challenge for 2023. This was closely followed by retention (69 percent) and recruitment (55 percent). A third of those questioned also see skills shortages (34 percent) as a significant HR challenge next year, and employee engagement (24 percent).   More →

Firms should focus on people in the drive for long term growth

Firms should focus on people in the drive for long term growth

A new report by Economist Impact, sponsored by Kyocera Document Solutions, claims that human-centric strategies are needed for businesses to drive sustainable business growth, focusing on three pillars: productivity and infrastructure, employee engagement and culture. The Magnetic Workplace Barometer claims to gauge confidence both today and in five years’ time across  what the report terms the three main pillars of productivity and infrastructure; employee engagement; and culture. The barometer scores are scaled from 1 to 7, 7 being the most confident. More →

Inconsistent flexible working strategies drive people away from businesses

Inconsistent flexible working strategies drive people away from businesses

A group of people in a shared flexible working / coworking spaceA new poll of 3,450 people in a dozen countries from Unit4 claims that around two in five organisations have lost employees over the last year because they believed they would enjoy better flexible working options elsewhere. While most firms now have a formalised approach to flexible working, the report claims that policies vary enormously, exacerbating the challenge of recruiting and retaining people for those firms with an inconsistent approach.  More →

The four day week and a case of less is more

The four day week and a case of less is more

four day weekWhen a pilot programme for a four day week was announced in the UK early in the New Year, #4dayweek trended for days on twitter, with jokey comments on how employees taking part in the trial should do everything not to ‘f*** it up for the rest of us.’ But behind the humour there’s a real issue with productivity in the UK. Recent Office for National Statistics reveals that while productivity grew across all G7 countries during the pandemic, the UK experienced the largest falls in GDP growth and an increase in the number of hours worked. More →

Hybrid working is now an essential part of many job offers

Hybrid working is now an essential part of many job offers

A bunch of carrots to illustrate how firms are using hybrid working and other benefits to attract talentA new US study conducted by IWG  claims that employers view the hybrid working model as an essential part of their toolbox when it comes to recruitment, hiring and retention, with nearly 95 percent of HR leaders saying it is an effective recruitment tool. Released today, the ‘HR Leaders & Hybrid Working Report’ examines findings from a poll of more than 1,000 HR professionals at managerial and board level. More →

Major new report offers snapshot of hybrid and remote work debate in the US

Major new report offers snapshot of hybrid and remote work debate in the US

Two colleagues in a coworking space to illustrate how hybrid and remote work is changingOwl Labs and Global Workplace Analytics have just released their sixth annual State of Remote Work report. Based on a survey of over 2,300 full-time workers across the United States, the report reveals the latest trends and perspectives on a range of issues from remote work and hybrid work, trust, intent to move, training offered, workplace redesign, intent and reasons for quitting, technology needs, employee surveillance, the 4-day workweek, and more.

More →

Cost of living forcing people to seek out sources of extra income

Cost of living forcing people to seek out sources of extra income

A selection of British cash to illustrate cost of living crisisWorkers are looking for new jobs, asking for extra shifts, or taking on side hustles to make ends meet as everyday expenses eat up a bigger chunk of their pay cheques. A new Qualtrics study claims that 77 percent of workers say it’s harder to pay for their living expenses than it was a year ago. In the UK, inflation recently rose above 10 percent for the second time this year amid soaring food prices. Compounding the impact of the cost of living, many of the work-related expenses that were relieved by remote work, such as commute costs and full-time childcare, are returning as an increasing number of people head back to the office. More →

Hybrid working driving demand for areas with easier commutes

Hybrid working driving demand for areas with easier commutes

An office cafe to illustrate the new wave of hybrid workingA report from Unispace claims that employees’ new preference for hybrid working has created an immediate need for firms to re-think their real estate footprint. Today, with over 60 percent of office-based employees preferring to work remotely or in a more flexible way, rather than commute to city centres five days a week, employers are considering the greater use or addition of satellite offices to their portfolio. According to the study of 3,000 office workers across Europe, 79 percent of the workforce would be happier to return to the office if it was just five to 10 minutes away from their home, suggesting that satellite offices could be a solution to boost collaboration, socialisation, engagement and staff retention. More →