Search Results for: Gen Z

Workers tend to choose job happiness over pay

Workers tend to choose job happiness over pay

A woman gets a text message saying good job while in the park to bolster her happinessWrike has published a report From Positivity to Productivity: Exposing the Truth Behind Workplace Happiness (registration), which claims to offer new insights on what makes employees happy in a rapidly changing, digital workplace. The report sets out to challenge what it says are common myths about levels of happiness at work. The happiest employees – those that identify as being “elated” with their job – report diversity is above average in their workplace and say “doing meaningful work” is the most critical factor in their happiness, ranking even higher than compensation. (more…)

Hiring the best people is bad for creativity

Hiring the best people is bad for creativity

A child's hand shows creativity covered in many paint colours and a smiling faceWhile in graduate school in mathematics at the University of Wisconsin-Madison, I took a logic course from David Griffeath. The class was fun. Griffeath brought a playfulness and openness to problems related to creativity and other issues. Much to my delight, about a decade later, I ran into him at a conference on traffic models. During a presentation on computational models of traffic jams, his hand went up. I wondered what Griffeath – a mathematical logician – would have to say about traffic jams. He did not disappoint. Without even a hint of excitement in his voice, he said: ‘If you are modelling a traffic jam, you should just keep track of the non-cars.’

(more…)

Take up of office space in central London strongest for six years

Take up of office space in central London strongest for six years

British Land/GIC’s development at 100 Liverpool Street, EC2 office spaceThe first quarter of 2019 saw take-up of office space in central London at its strongest for six years, as it continues to outperform expectations. This is according to Savills, which also reports 1.16 million sq ft of new lettings being agreed in the City of London. In the West End, 42 transactions completed in March alone took total activity for Q1 2019 to 98 office lettings. In the City, there were 100 occupational deals for the year to date, of which 33 completed in March. The tech & media sector accounted for the largest share of take-up in the West End, at 25 percent, while the City benefited from a surge of serviced offices.

(more…)

UK should phase out greenhouse gas emissions by 2050, claims government report

UK should phase out greenhouse gas emissions by 2050, claims government report

productivity and environment greenhouse gasThe UK can end its contribution to global warming within 30 years by setting an ambitious new target to reduce its greenhouse gas emissions to zero by 2050, the Committee on Climate Change (CCC) has said in a report today. But the habits of people and organisations will have to change dramatically. Ten years after the Climate Change Act became law, now is the right moment to set a more ambitious goal. Achieving a ‘net-zero’ target by the middle of the century is in line with the UK’s commitment under the Paris Agreement; the pact which the UK and the rest of the world signed in 2015 to curb dramatically the polluting gases that cause climate change. (more…)

Vast majority of accountants think there’s been a cultural shift in the profession

Vast majority of accountants think there’s been a cultural shift in the profession

Accountant at work cultural shiftSage has released its annual Practice of Now research report, which claims that there is a shifting cultural landscape in the accounting sector driven by evolving client demands and the marketplace. Of the 3,000 accountants surveyed worldwide, 90 percent believe there has been a cultural shift in accountancy as it enters the next decade. This shift is driving significant changes in hiring practices, business services and attitudes toward emerging technologies across the globe. (more…)

The impact of technology, cyber-risk and the future of corporate real estate

The impact of technology, cyber-risk and the future of corporate real estate 0

It’s no surprise to say that technology is having a significant impact on the workplace and the use of corporate real estate. The fast pace of change has seen technology impact all aspects of business, government and culture, as well as personal life, with a constant flow of new innovations and solutions helping us to do things more quickly and efficiently. Equally, technology also provides a challenge to business and, more specifically, corporate operations, with a whole array of disruptive technologies.

(more…)

“First ever” dedicated UK India tech hub opens at Royal Albert Dock London

“First ever” dedicated UK India tech hub opens at Royal Albert Dock London

A newly delivered building at Royal Albert Dock (RAD) in London has been launched as the UK India Tech Hub to provide a designated space for technology firms from India and the UK. It is claimed to be the first venture capital fund that has partnered with a business district to create a tech hub anywhere the world. Under the partnership agreement, developer ABP London and investors Pontaq will provide technology firms with work space while Pontaq’s tech fund will be invested in tech start-ups to assist them to develop and expand. India High Commissioner, Ruchi Ghanashyam, and Under Secretary of State at the Department for International Trade, Graham Stuart MP, along with Mayor of Newham Rokhsana Fiaz, witnessed the signing of an agreement between Royal Albert Dock developer ABP London and the venture capital firm Pontaq. (more…)

Workplace design in tech sector out of step with demands of modern work

Workplace design in tech sector out of step with demands of modern work

HOK has released the second volume of HOK Forward, its annual report exploring a crucial issue in workplace design. HOK Forward: Tech Workplace Takes Center Stage investigates the distinct threats and challenges facing the tech sector and explores how these same challenges are affecting all companies, regardless of the industry in which they operate. (more…)

Employee anxiety peaks despite government’s pledge to uphold workers’ rights post-Brexit

Employee anxiety peaks despite government’s pledge to uphold workers’ rights post-Brexit

Brexit UKDespite the government’s pledge to keep and strengthen workers’ rights in a post-Brexit world, research from the CIPD has revealed that over a quarter (26 percent) of British employees have expressed job anxiety. Simultaneously, a recent article from the Guardian also states that 64 percent of people believe the stress caused by Brexit is bad for their mental health. (more…)

UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

UK productivity slump linked to employee experience and lack of meaning, claims Deloitte report

Only half of UK employees consider their organisations to be effective at creating a positive work environment and only two fifths consider their employer to be effective at creating meaningful work. With 84 percent of workers stating that employee engagement and productivity are linked and 68 percent say their organisations do not measure the correlation between employee engagement and productivity – suggests UK business leaders need to think differently to prevent productivity slumps. The findings are from the Deloitte Human Capital Trends 2019 survey, which tracks the top trends shaping the agenda for HR and business leaders both in the UK and globally. Employee experience, leadership and learning, respectively, led this year’s top 10 UK trends.

(more…)

Governments must do more to prepare people for the future of work

Governments must do more to prepare people for the future of work

Governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions, according to a new report from the OECD which explores the future of work. Without rapid action, many people, particularly the low skilled, will be left behind in the fast-changing world of work. The OECD Employment Outlook 2019 is part of the OECD’s Future of Work initiative and the “I am the Future of Work” campaign, which aims to make the future of work better for all, helping to transform learning and social protection systems and reduce inequalities between people and across regions.

(more…)

Great expectations at work causing stress and rise in mental ill health

Great expectations at work causing stress and rise in mental ill health

Employees feel expectations at work are playing an integral role in diminishing their mental health a new report suggests, which includes increasing pressures to work outside of office hours, through annual leave and even on sick days. Westfield Health’s inaugural Wellbeing Index, which claims to shine a spotlight on stress, found 61 percent of HR professionals identified mental health related issues as the main reasons for absences within their workforces, with over half (51 percent) noticing an overall increase in sick days. ‘Leavism’ – working outside of contracted hours and on annual leave days – is also prevalent throughout the British workforce, with 67 percent in HR saying it’s a very real issue for them.

(more…)