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.

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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.

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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.

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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.

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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…)

One third of knowledge workers considering career change over AI concerns

One third of knowledge workers considering career change over AI concerns

A third of knowledge workers are considering moving to a different industry because of concerns about the impact of artificial intelligence on their careers, according to a new survey from Adaptavist.A third of knowledge workers are considering moving to a different industry because of concerns about the impact of artificial intelligence on their careers, according to a new survey from Adaptavist. The poll of 2,500 professionals in the UK, US, Canada, Germany and Spain, claims that 33 percent are actively looking to change industries due to fears about AI. A quarter of respondents said they are specifically considering moving into sectors they believe are less exposed to automation, including manual occupations. (more…)

People say they have a stronger sense of belonging at work, but daily experience still limited

People say they have a stronger sense of belonging at work, but daily experience still limited

A growing number of UK employees say they feel a stronger sense of belonging at work, although only a minority experience it consistentlyA growing number of UK employees say they feel a stronger sense of belonging at work, although only a minority experience it consistently on a day-to-day basis, according to new research from Procter & Gamble UK. The survey of 2,000 UK adults found that 82 percent of workers now say they feel a sense of belonging in the workplace, which P&G claims is the highest level recorded in more than a decade. However, only 20 percent said they consistently experience the conditions that make them feel they truly belong at work. (more…)

Most people managers would prefer not to manage people

Most people managers would prefer not to manage people

More than two-thirds of managers would rather not be managers at all, according to a YouGov survey commissioned by SafetyCultureMore than two-thirds of managers would rather not be managers at all, according to a YouGov survey commissioned by SafetyCulture. According to the poll, 69 percent of team leaders in frontline sectors across the UK and Ireland would prefer not to manage people if there was no impact to their salary or benefits. Younger generations are the least willing to be managers. Nearly three-quarters of Generation Z and Millennial managers (73 percent) say they’d rather be individual workers compared to 65 percent of people aged 50 or older. (more…)

Are you a leader of the first workplace?

Are you a leader of the first workplace?

If you work with young people, whether you’re in the classroom, in district leadership, or pursuing an educational doctorate degree, you’re already shaping how they’ll experience work for the rest of their lives. The first real workplace they know isn’t a cubicle or a Zoom call, it’s the classroom, and when leaders get the learning culture right, students become more hopeful, more engaged and more ready for what comes next. You’re effectively running their first organisation, with norms, expectations and feedback loops that feel very similar to what they’ll encounter later in their careers. (more…)

Most people think work has a positive effect on their overall wellbeing

Most people think work has a positive effect on their overall wellbeing

A large majority of workers believe that being in employment has a positive effect on their health and wellbeing, according to a new pollA large majority of workers believe that work has an overall positive effect on their health and wellbeing, according to a new poll from Cirencester Friendly. The survey, carried out by Opinium Research in August among 2,420 working adults, found that seven in ten respondents felt that work benefits their health, with just over a third strongly agreeing. The findings suggest a broadly consistent view across generations and genders. Almost seven in ten Gen Z workers said work has a positive impact on their health, a figure only slightly lower than the three quarters of Baby Boomers who expressed the same view. Women were marginally more likely than men to agree, although the difference was slight. (more…)