Search Results for: Gen Z

Liverpool and London regeneration projects get green light

Liverpool Waters

Liverpool Waters

Two huge regeneration projects, one in Liverpool and one in London, have been approved today. The Community Secretary Eric Pickles gave the uncontested go-ahead for the £5.5 billion Liverpool Waters scheme at the same time as London Mayor Boris Johnson green lit the £1.5 billion regeneration of the 23 acre Heygate Estate in Elephant and Castle, South London. Both will provide a much need fillip to the UK’s moribund construction sector, creating thousands of new jobs as well as thousands of new homes, offices, shops, restaurants and other buildings in rundown areas of the two cities.

More →

Job dissatisfaction highest amongst Gen Y workers

Gen YHot on the heels of the news this week that generation Y workers are more risk averse than older employees, it seems they’re also more dissatisfied with their jobs than other age groups. A new survey by Office Angels shows that over a quarter (27 per cent) of 25-34 year olds are unhappy in their current job, compared to just a fifth (20 per cent) of those aged over 55. This backs up the Monster.com survey, which found more than half of Gen Y employees (55 per cent) see their current employer as a mere stopping off point in their career path.

More →

Generation Y employees see themselves as risk averse

Gen YThe Generation that put the Y in N-E-E-D-Y is the subject of yet another survey, this time one reporting that its members view themselves as less entrepreneurial and more risk averse than either Generation X (30-49 year olds) and the baby boomer generation (50-69). The survey of nearly 3,000 people by monster.com and Millennial Branding found that just under a third (32%) of Gen Y workers consider themselves to be entrepreneurial, compared to 41% of Gen X staff and 45% of baby boomers. Similarly 28% of Millennial respondents identified themselves as not being averse to risk compared to 40% of Gen X and 43% of boomers.

More →

Cost cutting measures are on the agenda, but may prove risky

SawingTreeLimbHeisSittingOnThe latest Office for National Statistics figures released today which show that the UK economy has shrunk might suggest that firms need to cut costs as they try to weather the economic storm. This idea is given credence by a major study into the procurement strategies of organisations which found three quarters doing exactly that. However another study suggests that we may be approaching the point at which further cost-cutting measures will destabilise supply chains, making price reductions counter productive and exposing buyers to a greater degree of risk.   More →

Global Gen Y survey highlights national differences

Gen Y NotNever has a generation of humans been so much talked about as Generation Y. As this millennial army marches into the world’s workplaces and takes the reins of power (or at least control) for the first time, there has been a lot of agonising about how to manage a whole generation of people who are the first to have been nurtured in a digital world. Now a new report from Deloitte into the attitudes of millennials from around the world has confirmed that this is a complex generation of individuals with many universal ideals but with regional characteristics too.  More →

Consensus in property industry for green agenda

UKBC

The UK Green Building Council, backed by a wide range of trade and professional organisations across the construction and property sector, has sent an open letter to the Chancellor of the Exchequer George Osborne demanding a suite of policy changes to make the most of the green growth opportunity. The level of collaboration and consensus from within the industry is unprecedented, and includes, among others, support from the British Property Federation, Construction Products Association, British Council for Offices and Royal Institute of Chartered Surveyors.

More →

Job fulfilment, not pay, motivates Generation Y talent

iStock_000016736277Small

Today’s 20-to-30-something workforce, representing the management class of the future, values job fulfilment over financial reward, according to research by the iOpener Institute, which analysed responses from over 18,000 professionals. The study shows that Generation Y, the digital cohort born after the early 1980s, are motivated to stay with their employer, and to actively recommend their organisation to friends, by the level to which they are fulfilled in their job, rather than their levels of pay. More →

The full stop emerges as a major point of contention in the workplace

The full stop emerges as a major point of contention in the workplace

The humble full stop has emerged as one of the major sources of friction when people communicate in the workplaceA new poll from The Adaptavist Group claims that there is a growing generational divide in workplace communication, with emojis, punctuation, and AI use emerging as key areas of contention. The study, which surveyed 1,000 UK knowledge workers, reveals how different age groups interpret digital communication tools in the workplace, affecting collaboration and productivity. The Workplace Communication Atlas suggests that nearly half of workers (46 percent) struggle with misinterpreting tone or phrasing, making it the most significant communication challenge. Differences in response time expectations (also 46 percent) and lack of context (31 percent) were also cited as common issues. The findings build on previous research from The Adaptavist Group, which showed that 56 percent of workers find generational collaboration difficult. More →

Older workers enduring a ‘silent workplace mental health crisis’

Older workers enduring a ‘silent workplace mental health crisis’

A new poll from workplace mental health provider Unmind claims to highlight significant generational, gender, and role-based divides in attitudes towards workplace mental health and emerging technologies like AIA new poll from workplace mental health provider Unmind claims to highlight significant generational, gender, and role-based divides in attitudes towards workplace mental health and emerging technologies like AI. The study of 2,500 employees across the UK reveals that older workers feel particularly excluded from conversations around mental health, with stigma proving the biggest barrier to accessing support among this demographic. More →

Most people say they have no idea what their job achieves

Most people say they have no idea what their job achieves

A new poll claims that most employees are unaware of how their job contributes to support larger company goals and growthA new poll claims that most employees are unaware of how their individual contributions at work support larger company goals and growth. Only 23 percent of employees say they are told about company goals, in stark contrast with the 84 percent of leaders who say they’re effectively communicating business goals, objectives and key results to employees. More than half of employees (51 percent) say that having increased transparency into these goals would help them to better manage their job and drive productivity. More →

Hybrid working means people feel as if they are always at work

Hybrid working means people feel as if they are always at work

The increasing uptake of hybrid working could be encouraging workers to respond to work requests and communication as if they are ‘always on’The increasing uptake of hybrid working could be encouraging workers to respond to work requests and communication as if they are ‘always on’, according to a Censuswide survey commissioned by Moneypenny of over 2,000 general UK consumers. The survey suggests that the majority (56 percent) are accepting work related communications out of hours. Of these workers, 13 percent said they’ve received work-related comms at any time of night or day. More →

Bosses are too cocky when it comes to modern risks to their businesses

Bosses are too cocky when it comes to modern risks to their businesses

CEOs face sleepwalking into reputational disaster through over-confidence which masks inadequate crisis planning to mitigate modern day risksCEOs face sleepwalking into reputational disaster through a concerning over-confidence which masks inadequate crisis planning to mitigate modern day risks, according to a new report [registration] from PHA Group. The survey questioned 150 CEOs across the UK’s £240bn professional services sector on confidence and planning in navigating business critical issues. Examining issues from workforce management and whistleblowing to climate change and regulation, CEOs from law firms, insurance, finance and accounting, consultancy and recruitment conveyed confidence but also revealed a lack of investment and planning. More →