Search Results for: retention

Nearly all senior managers say stress is a characteristic of their job

Nearly all senior managers say stress is a characteristic of their job

The cost-of-living crisis is the top cause of stress at work for people working in leadership and senior management rolesThe cost-of-living crisis is the top cause of stress at work for people working in leadership and senior management roles, according to the findings of a new survey by HR software provider Ciphr. Around 98 percent of the 265 leaders and senior managers polled found at least one aspect of their work stressful, while two-fifths (83 percent) are affected by three or more work-related stressors (the average, per person, is eight). Yet, despite the obvious stress their work causes them, just 4 percent claim not to like their jobs. More →

Employers prioritising long term return on investment in recruitment

Employers prioritising long term return on investment in recruitment

Following the 'hiring frenzy' of the pandemic, recruitment strategies are focused on total value creation by empowering their teams to learn, grow and be ready for any contingencyFollowing the ‘hiring frenzy’ of the pandemic, recruitment strategies are focused on total value creation by empowering their teams to learn, grow and be ready for any contingency, according to the 2023 Talent Trends Report from Randstad. The poll of over 900 C-suite and HR leaders in 18 markets focussed on their talent and career development priorities for the year ahead. Now in its 8th year, this year’s report claims that despite an uncertain economic environment, business leaders are focused on driving long-term value and business impact by increasing talent engagement, satisfaction, productivity, and retention, following the ‘hiring frenzy’ of the last two years.  More →

Unlocking the digital frontier: hiring the next generation of tech talent

Unlocking the digital frontier: hiring the next generation of tech talent

Any business that is looking to grow its consumer base or expand into new markets is likely to be relying on digital technology to a greater extent than ever before both in their operations and management. This also means that the world of employment, both for workers and enterprises, is necessarily evolving too. An inevitable consequence of this evolution has been that those for whom technology has been an essential part of their life and education — so-called digital natives — are in growing demand. More →

Flexible working drives productivity and stronger company culture

Flexible working drives productivity and stronger company culture

flexible working plays a key role in fostering organisational culture and has a significant positive impact on productivityFuture Forum, a consortium launched by Slack with founding partners Boston Consulting GroupMillerKnoll, and MLT has published the latest findings from its global Pulse survey, which suggest that flexible working plays a key role in fostering organisational culture and has a significant positive impact on productivity. According to the poll, flexible workers were 57 percent more likely to say that their company culture has improved over the past two years compared with those required to be on-site five days a week—and they cited flexible working policies as the primary reason their culture is changing for the better. More →

Firms struggle to get a grip on people data despite workplace challenges

Firms struggle to get a grip on people data despite workplace challenges

A new CIPD survey of business leaders claims there is a significant mismatch between the scale of the challenge that workplace issues currently pose to businesses and how often workforce issues and people data are discussed by senior leaders.A new CIPD survey of business leaders claims there is a significant mismatch between the scale of the challenge that workplace issues currently pose to businesses and how often workforce issues and people data are discussed by senior leaders. In response, the CIPD is warning that organisations are unlikely to perform well in the long term unless decisions taken at a board and executive management level are informed by an in-depth and evidence-based understanding of the value and risk their workforce poses. More →

Hybrid working remains a key recruitment tool

Hybrid working remains a key recruitment tool

Over four in five (83 percent) HR professionals across the UK say that hybrid working is essential in attracting the best talent, according to a new survey from flexible workspace operator IWG.Over four in five (83 percent) HR professionals across the UK say that hybrid working is essential in attracting the best talent, according to a new survey from flexible workspace operator IWG. The poll of 500 UK HR professionals suggests that benefits like hybrid working, which give employees a better work/life balance, are crucial for attracting talent. Almost two thirds (64 percent) of HR professionals have experienced applicants turn down a job because of a lack of wellness benefits such as flexible working and exercise options. More →

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 →