October 8, 2018
Brexit has already caused banks to move head counts away from UK
A new report published by Information Services Group (ISG) claims that UK banks are already moving headcount out of the UK and building new centres of excellence in other EU countries. The reason it suggests is because Brexit is likely to disrupt the UK and Europe applications development and maintenance (ADM) services markets in the coming months, with the impact felt most notably in the banking, financial services and insurance (BFSI), healthcare and life sciences (HCLS) and manufacturing sectors. However, a September report from Reuters found that so far just 630 jobs in the finance sector have been relocated from the UK. (more…)
Employee motivation levels appear to be the decline, with 29 percent of employees surveyed saying they were not motivated at work in 2017 compared to just 18 percent who said the same in 2016 the research report, “Living to Work” has claimed. Motivates Inc. has commissioned its employee motivation research for the past three years, surveying over 2,000 UK employees in full-time employment. The full data shows like-for-like how employees are feeling in the workplace and what hygiene factors have affected behaviours year-on-year. According to the latest data 71 percent of UK employees were motivated in 2017, which on its own shows a positive result, yet when you look at the motivational statistics from 2016 the data actually shows the percentage of motivated employees has dropped by 11 percent in just one year. That’s 220 more employees in an organisation of 2,000 who are not feeling good about their job.
The vast majority (98 percent) of UK employees think learning is essential in deciding to stay or leave their employer, yet new research claims that three quarters (75 percent) of companies don’t have a learning culture and 66 percent don’t have a digital learning strategy. The research from Bridge in collaboration with Two Heads Consulting, finds that most businesses in the UK are struggling to engender a culture that prioritises learning and development with only 25 percent of HR staff saying their organisations have a learning culture. In comparison, three quarters of companies don’t have one at all (11 percent), are still trying to establish one (59 percent) or report it is not a priority (5 percent). Furthermore, despite recognising its importance, 60 percent of UK companies don’t measure the impact of learning on business performance. Employees also complain that their performance reviews are ill thought out and infrequent.
The majority (86 percent) of UK office workers claim they are more likely to be told off for forgetting to do menial tasks, like emptying or loading the dishwater and keeping their workplace tidy, than complying with GDPR policies, according to a new poll which assessed whether GDPR is being taken seriously by UK office workers since its introduction in May of this year. The study from Fellowes found that only 14 percent of workers have been given a ticking off about careless handling of confidential data, while 25 percent claim office chores, like emptying or filling the dishwasher, has landed them in the hottest water. The data, collected from over 1,000 UK office workers in July 2018, also reveals that many are more likely to be challenged about missing deadlines and being late (17 percent) than ensuring they are compliant with GDPR.
October 5, 2018
Developing a resilient mindset to cope with stress
by Portia Hickey • Comment, Wellbeing
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