Search Results for: career

Report exposes myths and uncomfortable truths about Generation Y

Multi-generational workplace generation YA new report from IBM proves what we at Insight have been arguing for some time; Millennials have some differences to previous generations of employees, but ultimately they have more in common than most commentators acknowledge and their impact on a multi-generational workplace has been completely misrepresented. While the report, Myths, Exaggerations and Uncomfortable Truths, acknowledges Gen Y’s different experience of the digital world, it also demonstrates what we would suggest has been obvious all along; that unless Generation Y has arrived from another planet, it will share many of the strengths, weaknesses, drives, fears and abilities common to other demographic groupings. The study of 1,784 employees from organisations in 12 countries challenges many of the key myths about Generation Y and also lays out a number of ‘uncomfortable truths’ for employers.

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Disengaged staff plan to switch employer over the next three months

switch employer

Just under a third of employees are planning to switch employer soon, with Gen Y most likely to leave, finds a new report, “Finders Keepers? Exploring How to Source, Hire and Retain the Best Talent”. The research from recruitment firm Quarsh claims that 10 percent of employees are searching for a new opportunity at the moment, and a further 20 percent will be looking for a new role within the next three months. Because one third (35 percent) of those currently looking expect to still be working for their current employer in 12 months’ time, the report warns that management need to focus not just on hiring, but also employee engagement. The report claims that organisations seeking to engage and retain their current workforce need to focus on offering an ’employment experience’ that stretches beyond the ‘tangible’ elements of the job, such as salary.

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An inconsistent approach to social media can jeopardise your job prospects

With around 260 million worldwide users, of which there are over 13 million in the UK, LinkedIn has become the ‘go to’ site for many job seekers. But, as is the case with social media, use it unwisely and you can jeopardise your chances of career progression. A survey of 2,000 British workers by employment recruiter Randstad found that while three-fifths (61%) of employees tailor their CV when they are applying for a new job, less than one-fifth (19%) amend their LinkedIn profiles to match, and over a third (34%) don’t tailor either their CV or their LinkedIn profiles. The research also highlighted the different tactics used by men and women. While a quarter (26%) of men will tailor their LinkedIn profile when applying for a new job, only 14 percent of women will do so. Far more women tailor their CV only (52%) as opposed to 46 percent of men.

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Gender pay gap now in favour of UK women…but only until they’re thirty-five

Gender pay gapThe complexities of the gender pay gap are uncovered in the Office for National Statistics’ most recent report into the UK Labour market. For the first time, the study breaks down pay differentials by both age and sex and shows that women now earn more than their male contemporaries until they are in their thirties when gender pay differentials suddenly, rapidly and permanently go into reverse. Women in full time employment now earn an average 81p more per hour at the age of 30, 58p more at age 34 but then 9p less at age 35. The perhaps inescapable conclusion is that the decision to have children is the key determining factor in deciding pay levels for women in full time work. Crucially, the pay gap remains and even widens throughout the remainders of women’s careers. By the age of 40, men outearn women by an average of  £1.64 per hour.

Staff calling in sick could be a symptom of management malaise

If your office seems strangely quiet this morning it might be due to the fact today is ‘national sickie day’. The first Monday in February is the day of the year which traditionally sees the highest number of workers calling in sick. It’s been argued that many of these people could in fact be looking for a new job, but whether your staff are sick or on a job interview, these absences may be indicative of a deeper problem, and it in all probability lies with the quality of their managers. According to recent research, one in seven people (16%) have had to take sick leave due to a bad manager and a fifth of people would turn down a job offer if their new manager had a bad reputation. The research also found that those who find themselves being poorly managed are more likely to take radical action and leave a job than tackle the issue with their HR department.

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‘Squeezed generation’ of middle-aged workers take most sick days

 

Employers’ concerns regarding the ageing workforce are usually based on the belief older workers will tend to struggle more with health problems. However, new data from AXA PPP healthcare reveals it’s the middle band of workers (30-49) that take more sick days than any other age group; averaging 2.3 sick days in the past six months; with a quarter of these workers taking three or four days off sick. Twelve per cent of this middle age group have taken the equivalent of a working week off sick (5 or 6 days) in the past six months, double the number of 18-29 year olds (6%) and just 5 per cent of those 50-69. This ‘squeezed generation,’ faced with the pressures of balancing work and home, takes least positive steps to help ensure good health; has a fairly negative outlook regarding their jobs and is more stressed than other age group.

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Nearly two-thirds of over 50s say flexible working is best route to retirement

Nearly two-thirds of over 50s say part time working is the best way to retireAround half of over 50s would like to carry on working part time after 65, while 39 per cent of feel that working part time or flexible hours before stopping work altogether would be the best way to retire. According to new research, one in four over 50s said they would be interested in taking a few months off and then returning to work as an alternative to retirement. Meanwhile 36 percent of retirees say their advice to others would be to consider switching to flexible or part time work for a period first before retiring and 33 per cent of over 70s still working said they did so because they enjoyed it. However the poll also reveals some discrimination, with 23 percent of over 50s believing they are viewed ‘less favourably than younger workers’ and 15 per cent experiencing age-based discrimination in the workplace.

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Only a third of staff trust their senior management, finds CIPD

Only a third of staff trust their senior management, finds CIPDThere is little evidence of improvement in the quality of management in the UK over the last decade – and it is one of the reasons behind the UK’s long-standing productivity weakness compared to the likes of the US and Germany. According to the CIPD report ‘Are UK organisations getting better at managing their people?’ while 65 percent of employees are generally satisfied with their line manager and largely trust them and value their honesty, only 33 percent say they trust their senior management. It found that management processes are not always applied consistently or fairly and this is one reason why there is a lack of trust in senior leadership. These are deep-rooted problems and the solutions are largely down to organisations, says the CIPD, which is urging the Government to consider ways in which it can raise awareness of the challenges and potential approaches to tackling them, not least in its capacity as an employer.

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Tech firms’ grip on best place to work lists may be starting to slip

Google best place to workTechnology firms now routinely dominate lists of the best place to work, but there are signs at least that their dominance may be waning slightly. According to a new survey of the best places to work in the US and UK compiled by jobs website Glassdoor, Google tops a list of the 50 best places to work in the US. The survey is restricted to firms with 1,000 or more employees who have received at least 50 reviews based on a 1 to 5 scale over the last 12 months. This methodology inevitably presents a skewed picture. Nevertheless, there may be something to conclude from Apple only making 22nd place, Facebook’s fall from 5th to 13th, LinkedIn’s slip from 3rd to 23rd and Twitter’s fall from 2nd to nowhere. Meanwhile in the UK, John Lewis’s longstanding focus on employees saw it grab one of the top five spots alongside the likes of Microsoft and Google.

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ILM issues management guide to office Christmas party etiquette

Institute of Management issues an employers' guide to Christmas party etiquette We’re well into the office Christmas party season and with it comes the usual management warnings; however, this one comes from the Institute of Leadership & Management (ILM) so it’s worth taking notice. A survey by ILM reveals some pretty predictable misdemeanours; including almost 9 out of 10 workers (87%) seeing colleagues drink too much and 48 per cent having gone to work with a hangover after their office party, but over a quarter (28%) also admit to having heard staff revealing their colleagues’ secrets. There are consequences of such indiscretion, with more than half the managers surveyed (51%) saying they would reprimand workers for being rude to each other, while 28 per cent would tell workers off for revealing their colleagues’ secrets. And keen to dodge the line of fire themselves; 41 per cent of managers would reprimand staff for shouting at the boss. More →

Gender pay gap at lowest point in history, reports ONS

800px-Mind_the_gap_2 (1)The gender pay gap is now at its lowest point in history, with more women in work than ever before. According to new statistics by the Office for National Statistics (ONS) the pay gap has reduced by 0.7 percentage points over the past year to 19.1 per cent, and for those in full-time work the gender pay gap has reduced to almost zero for those under 40. Action is being taken to tackle one of the reasons for the pay gap – career breaks, often to raise a family by extending flexible working to all employees, and from next year, tax-free childcare and shared parental leave will come into effect. However, one of the main causes of the gender pay gap is that men tend to work in better paid sectors to women so a range of measures are being introduced to help women move from low-paid, low-skilled work into higher paid, higher skilled work. This includes a new £2 million training and mentoring programme of events for women, including those working part-time and older workers, to be carried out by the UK Commission for Employment and Skills. This will target women working in the science, technology, engineering and maths (STEM), retail and hospitality management and agricultural sectors.

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UK workers feeling more optimistic on state of global economy than the PM

UK workers feeling more optimistic on state of global economy than the PMDavid Cameron has begun the week with dire warnings on the fragility of the global economy, but UK workers are (or were) feeling more optimistic. According to an annual report, there’s been a significant uplift in optimism, stability and dynamism, compared to the same time last year. The Workforce View 2014/15 by ADP, which measures the views and attitudes of more than 2,500 UK workers, suggests that the positive economic outlook reported so far in 2014/15 has filtered down to employees. The study shows that more than three quarters of workers (77%) now feel optimistic about their next 10 years at work, up from 64 per cent in 2013 and just 59 per cent in 2012. Over a quarter (26%) of respondents went further, saying they are ‘very optimistic’ about the years ahead – double the figure reported just one year ago (13%). Workers say they are more confident about job security (36 per cent), feel that career opportunities are growing again (35%) and sense the economy is improving, thereby benefiting their careers (32%). More →