Search Results for: Gen Z

October 12, 2016

Flexible hours key to achieving gender balance in finance sector ⁰

by Sara Bean • Flexible working, News, Workplace

Improvements in flexible working are among the key steps being taken to help achieve gender balance within the financial services sector, according to the UK Treasury. Financial services is the country’s highest paid sector but has the widest gender pay gap, at 39.5 percent, compared with 19.2 percent across the economy. The ‘Women in Finance Charter’, was set up by the Treasury earlier this year to publish progress on gender balance annually and reports that of the 72 firms who signed the charter, 60 have now committed to having at least 30 percent of women in senior roles by 2021. Alongside gender diversity targets, these firms have set out strategies for how they’ll hit these targets, including improving flexible working, making recruitment gender neutral and distributing high profile work more fairly.

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October 5, 2016

An enlightened approach is needed for the new era of artificial intelligence ⁰

by Mark Eltringham • Comment, Technology

One of the explanations for both Brexit and the once implausible idea of an obvious demagogue like Donald Trump assuming the world’s highest office is that we now live in a post rational world. In plain parlance this was best summarised by Michael Gove’s proclamation during the Brexit debate that we have all had enough of experts, but a growing number of intellectuals are starting to question whether we are seeing the roll back of the Enlightenment. The suggestion is, that in a world awash with information, we are retreating to a more visceral worldview. If the facts don’t fit with the way we feel, then they just have to go. While rationalists continue to invoke the ideals of Descartes, Locke, Hume, Paine, Voltaire and Spinoza, they are often doing so in a self-imposed echo chamber and so are genuinely horrified to find that there is an outside world that has little time for Reason with a capital R. This explains all you need to know about the post Brexit meltdown.

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September 23, 2016

Employers urged to support ‘sandwich generation’ of older workers ⁰

by Sara Bean • Flexible working, Legal news, Wellbeing, Workplace

Over a third (36 percent) of managers are unaware of anything their organisation does to attract, retain and engage older employees despite two-thirds (66 percent) believing the average age of retirement will increase in the next five to ten years. This is according to a new white paper from AXA PPP healthcare – Supporting fuller working lives – How organisations can embrace older employees and those with caring responsibilities. It warns that with the proportion of people aged 50 to 64 and aged 65+ in employment on the up (from 55 percent to 70 percent and from 5 percent to 10 percent, respectively, since 1984) and an estimate by Carers UK that nearly two-thirds of people are likely to end up caring for someone at some point in their lives. Yet the research claims that many businesses are not sufficiently adjusted to the changing nature of the workforce and not tuned in enough to helping workers who are often sandwiched between caring for older relatives and their offspring.

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September 12, 2016

Overwork and burnout affects all the generations in the workplace ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace, Workplace design

Millennials, Gen X, and Boomers are all feeling overworked and burned out, which is motivating many to look for another job; and according to the latest Staples Business Advantage 2016 Workplace Index it’s the older workers who are most motivated at work by a sense of purpose, with Baby Boomers (46 percent) and Generation X (32 percent) having more of a sense of purpose at work than their younger Millennial counterparts (24 percent). Fifty percent of Millennials, 47 percent of Gen X, and 35 percent of Boomers however, say burnout is driving them to look for another job; with Boomers wishing their employer would decrease their workload and provide more time to complete tasks, while Gen X and Millennials are looking for a more flexible schedule and work-life blend. Aesthetics in the office are also key, regardless of age, as 51 percent of Millennials, 44 percent of Gen X, and 33 percent of Boomers would like to see more attention paid to office design.

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August 27, 2016

Gender pay gap + Thomas Jefferson’s swivel chair + The creative office ⁰

by Sara Bean • Facilities management, Flexible working, Newsletter, Property, Workplace, Workplace design

In this week’s Newsletter; Mark Eltringham describes Thomas Jefferson as an early pioneer of what we now call wellness; and explains why we shouldn’t lose sight of the importance of form in our quest for function. More global organisations than ever offer parental leave rights to workers; yet research shows that the gender pay gap widens more for women with children; but a futurist predicts the UK gender gap will finally close by 2045. Birmingham reaches half a million square feet in office take-up so far this year; and managers and employees in creative sector disagree on the definition of a creative office. A study finds that people respond to stress in strikingly different ways; and evidence that multi-generational team working reaps rewards. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

August 26, 2016

Bridging the generation gap is the key to a happier workforce ⁰

by Sara Bean • News, Wellbeing, Workplace

People who work in multigenerational teams are much more engaged and likely to deliver higher levels of customer service a new report suggests. In a survey of over 32,000 of McDonald’s own UK employees, their people who work with a cross-section of ages registered a 10 percent increase in happiness levels compared to those who work with their peer group. With the GCSE results just in, the fast food retailer wanted to gauge attitudes among potential future employees, so McDonald’s UK commissioned a census of 5,000 people representing each of the five working generations. It revealed that adults of all ages are united in wanting to be part of a multigenerational workforce. In fact, the opportunity to work with people of different ages was the top priority for more than half of all respondents (58 percent) and this factor was important for older people born between 1900 and 1964 (67 percent), as well as 16-year olds (57 percent).

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August 24, 2016

Futurist says UK gender pay gap will close much earlier than predicted ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Following the latest report that shows that the gender pay gap is still wide open comes claims that in the UK, the gap will close within the next 30 years. That’s the view anyway of futurist, trend forecaster and journalist, James Wallman. While the World Economic Forum believes that the world-wide gender pay gap won’t close by 2133, Wallman paints a more positive picture, forecasting the UK pay gap will actually close much sooner — by 2045. His reasoning is that it’s far harder to hide wage disparity in an age of data digitisation, meaning companies are compelled to be transparent. There is manifest political will behind pay parity, with new legislation meaning that by 2018 all companies with more than 250 employees will have to publish their gender pay gap data. And he argues there are numerous economic imperatives to get women working; if the same proportion of women worked in Britain as in Sweden, it would add £170bn to the UK economy and boost GDP by 9 percent.

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August 23, 2016

Working mothers paid third less as maternal gender pay gap widens ⁰

by Sara Bean • Flexible working, News, Workplace

The gender pay gap is still prevalent within the UK workforce and the gap only widens further when women have children, according to a report published today. Research by the Institute for Fiscal Studies (IFS) funded by the Joseph Rowntree Foundation found that on average, women in paid work receive about 18 percent less per hour than men, but this wage gap is smaller when comparing women before they become mothers. The gap widens consistently for 12 years after the first child is born, by which point women receive a third (33 percent) less pay per hour than men. The widening of the hourly wage gap after childbirth is associated with reduced hours of paid work, but this is not because women see an immediate cut in hourly pay when they reduce their hours. Rather, women who work half-time lose out on subsequent wage progression, meaning that the hourly wages of men (and of women in full-time work) pull further and further ahead.

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August 20, 2016

Links between people and place + Lessons from Yahoo + Intelligent lighting ⁰

by Sara Bean • Facilities management, Flexible working, Newsletter, Technology, Workplace

In this week’s Newsletter; Steve Maslin argues the idea that people matter to workplace designers is all too often surface deep; Andy Gallacher describes the benefits of intelligent lighting; Alexander Gifford reveals the majority of people still prefer to work at a desk; and Charles Marks says the way we interact with technology is changing the way we think. In news, the UK’s commercial property sector has fallen since the Brexit vote: researchers find a link between flexible working patterns and susceptibility to infection; and a survey suggests that even demanding job applicants place flexible working low on their priorities. From Work&Place Chris Kane’s views on bridging the gap between people and place; and Andrea Hak looks at the lessons of Yahoo. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

August 17, 2016

Intelligent lighting can enhance workplace wellbeing and productivity ⁰

by Andy Gallacher • Comment, Environment, Facilities management, Lighting, Wellbeing, Workplace design

The main driver of the growing interest in wellbeing in recent years has undoubtedly been absenteeism. But workers don’t have to be ‘absent’ from the workplace to hamper productivity. Presenteeism, where employees are present but not productive can also influence the long-term success of an organisation. The interaction between the worker and their work environment has a huge influence on an individual’s wellbeing and overall productivity, with employees’ performance more likely to be enhanced when they are immersed in a comfortable and stimulating environment. This can include all the usual stipulations, such as a well-designed workstation, a comfortable office temperature and carefully considered and appropriate lighting. In fact, improved lighting is an essential element in the overall mix, not only because of the cost savings that their energy efficiency brings but also in the way lighting contributes to workplace wellbeing and people’s performance.

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August 1, 2016

Small firms remain sceptical about next generation technology ⁰

by Neil Franklin • News, Technology

New research from AXA suggests that small firms are sceptical about the prospects of technologies such as 3D printing, robotics and driverless cars affecting their workplace in the near future. While more than 40 per cent of small businesses still don’t have a website, the study of 898 firms claims that most of these plan to move online in the next twelve months. If these plans are fulfilled, only seven per cent of UK businesses will remain offline by this time next year. However, just one in five plan to migrate to the Cloud and only six per cent say they expect to adopt smart technologies. Driverless cars, which are set to hit UK roads as early as 2020, have an equally low resonance, as just eight per cent of business owners expect they will travel in one. Businesses were also highly sceptical when it comes to 3D printing. Just two per cent of UK businesses who might use the process expect to see it used here ‘during their lifetimes’.

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July 13, 2016

Gensler publishes latest US and UK Workplace Surveys for 2016 ⁰

by Mark Eltringham • Architecture, Facilities management, Features, Flexible working, Workplace design

Gensler has announced the results of its Workplace Survey 2016 for both the UK and the US. Key claims of the UK report based on a study of 1,210 respondents include that the UK workforce seems to be divided into ‘haves and have-nots’, with mid and lower-tier workers confined to poor quality environments, 67 per cent of the workforce feel drained due to their office environment at the end of each day and that ‘innovators’ spend just 3.5 days of the working week in the office, highlighting the need for greater flexibility. Meanwhile, the key finding of the US study of 4,000 respondents is that a statistical link between the quality and functional make-up of the workplace and the level of innovation employees ascribe to their organisation, and found that a workplace that prioritises both individual and group work creates ‘an ecosystem of innovation’ across organisations and is a crucial predictor of how innovative an employee sees their company to be.