Search Results for: benefits

August 16, 2016

How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo ⁰

by Andrea Hak • Case studies, Features, Flexible working, Technology, Work&Place

When former Google employee Marissa Mayer joined Yahoo as its CEO in 2012, she inherited the company’s vast problems. Though it was once seen as one of the first tech behemoths, Yahoo’s inability to come up with ground breaking products like Google and others, put it in a slow, steady decline. Mayer was immediately tasked with trying to reinvigorate the stagnating company. Her focus was to find a way to identify and retain talent, while phasing out ineffective employees. However, Yahoo’s new management policies have brought about much debate and criticism from HR experts. A controversial book by journalist Nicholas Carlson titled “Marissa Mayer and the Fight to Save Yahoo!” paints a highly critical view of Mayer’s first years as CEO. In response others have defended her, arguing that she has done the best she can with the resources available, but has become a scapegoat for poor management, like so many other women in powerful positions.

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August 11, 2016

Government regulations will help global BIM market to grow by a fifth ⁰

by Mark Eltringham • Architecture, News, Property, Technology

A new report from Allied Market Research claims that the worldwide market for Building Information Modelling will grow by over a fifth to hit $11.7 billion by 2022, driven primarily by legislation demanding that all construction work should apply BIM. The World Building Information Modelling (BIM) Market report, claims that its growth projections are based on increasing demand from the construction industry, in turn based on new government regulations mandating the use of BIM, a booming property sector in Asia and growing awareness of the benefits of BIM. Construction industries will continue to be the leading consumers of BIM, constituting nearly 63 percent of the global market by 2022. The report concludes that ‘BIM has emerged as an ideal alternative to traditional CAD software, owing to its suitability over a variety of operational issues such as cost management, handling raw data and information and alignment of processes’.

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August 10, 2016

The solution to closing the digital skills gap starts at home ⁰

by Andrea Chadwick • Comment, Flexible working, Technology, Workplace

Much has already been written about the UK’s digital skills gap, and undoubtedly as the Government continues to develop and roll out its Digital Strategy for the nation, many more headlines will be devoted to it. For a country so focused on technological development it’s a problem which is both acute and imperative. Recent Government figures put 12.6 million Britons at risk of being left behind in terms of the skills needed for a modern economy. Parliamentary plans to address this issue focus firmly on education: including digital development as a key part of apprenticeships, encouraging vocational digital skills courses at universities, and broadening access to other educational courses to help people to learn to code. However, responsibility to upskill the nation’s workforce also resides with employers. Whether the current role demands IT skills or not, technology increasingly impacts and transforms every element of our lives.

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August 10, 2016

Low take up for shared parental leave raises questions over demand ⁰

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

New research questions how much demand exists in the UK for fathers to take shared parental leave. The first available figures reveals a low take-up of new rights to paid leave, as just 3,000 new parents took advantage of the system in the first three months of 2016 – one year on from its introduction. By contrast, approximately 52,000 fathers and 155,000 mothers took paternity and maternity leave in an equivalent time period in 2013/14. The figures were published as a result of a freedom of information request from law firm EMW who suggest that this shows that the new rules are being significantly under-utilised and policymakers need to give more consideration to what benefits future changes to employment law will actually deliver versus the impact on small businesses which have to implement them. The new Shared Parental Leave system allows parents to share paid time off between them, in place of (and at the same rate as) Statutory Maternity Pay.

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August 8, 2016

Small business owners are sacrificing their physical and mental health ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

Small business owners are working thirteen hours a week more than the UK average, negatively impacting the health of nearly a third (28 percent) of them, according to a survey commissioned by business marketplace Bizdaq. According to the Small Business Wellbeing Report, owner /managers typically work an additional 13 hours per week above the national UK average of 37 hours. Mental health is a particular concern with the reports suggesting that 660,000 owners nationwide are currently experiencing a negative impact on their mental health due to the pressures of running their business. The report also suggests that 566,000 small business owners nationwide have not taken a holiday since they started their business. The report also reveals that there is both a regional and demographic split in attitudes. Perhaps most surprisingly, younger business owners tend to be more optimistic despite current challenges including Brexit.

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August 5, 2016

Lack of perks leaves workers feeling less trusted and appreciated ⁰

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

Businesses are failing to provide the perks that can help employee productivity and motivation during the summer months, claims a new survey by Peldon Rose. It also suggests that workers feel less trusted and appreciated by their companies. The report argues that during the summer months, businesses can find motivation slows as employees are distracted by seasonal events and count down the days until their holiday. Those companies found to offer summer perks to help boost morale and wellbeing, summer hours (47 percent), casual dress (37 percent) and ice cream rounds (31 percent) were the most popular, indicating that these benefits are the most highly valued by workers. However, 86 percent of respondents said that their company does not offer any such perks, with the result that many employers are missing an opportunity to make employees feel appreciated and boost happiness and morale in the summer months.

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July 29, 2016

The gig economy must be harnessed to address skill shortages and uncertainty ⁰

by Mark Eltringham • Flexible working, News, Workplace

The legal status of people working in the gig economy must be clarified so that businesses and individuals can thrive, according to a new report from the Recruitment & Employment Confederation (REC). Gig economy – The Uberisation of Work (registration needed) explores the impact of digital work platforms such as Upwork, Task Rabbit and Freelancer.com, which act as ‘marketplaces matching freelancers with a wide range of project-based work’. The report suggests that almost a third of all UK employers will use these kinds of digital work platforms by 2021. The REC has called on policy-makers to ensure that the gig economy is fair to self-employed workers and businesses, and to secure benefits for the UK wider economy. The report claims that this will become increasingly important as the gig economy becomes more mainstream, adding £45 billion to the UK economy and creating work for 766,000 people.

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July 29, 2016

Still inequalities, despite more over 50s in work than ever before ⁰

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

Employers that focus only on keeping a generation of younger workers happy are ignoring the fact that an increasing proportion of the UK working population is getting older. The latest Government figures reveal that there are now more people aged 50 to 74 in work than ever before. According to Labour Force Survey statistics there are now 9.4 million people in work aged 50 to 74, with 3.7 million more in this age bracket than there were 20 years ago. The figures also show the unemployment rate for people aged over 50 has dropped to 3.3 percent, the lowest level since 2009, and there are over 1.1 million people working beyond age 65. Legislation to end the retirement age and allow more flexible contracts, have, argues the Government contributed to a more positive attitude towards older workers. However, according to the Centre for Ageing Better, many over 50s are still being forced out of work or offered fewer working hours than they’d requested.

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July 28, 2016

Acas issues guidance for employers on impact of Olympic Games ⁰

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

New guidance from Acas has been issued to help employers prepare for potential problems with employees that could arise during the 2016 Olympics Games in Rio de Janeiro next month. With Rio 2016 taking place in Brazil between 5th and 21st August, Acas has advised employers and small businesses to have agreements in place that cover requests for time off, sickness absence, website use during working hours or watching TV during this period. It is advised that employers should start planning as soon as possible to reduce the impact that the Olympic Games could have on their business as annual leave requests could be generally higher during the summer holiday period. Employers might want to gauge the level of interest in the games with their employees, have open communications about suggested changes to working practices which balance staff request with the needs of the business to minimise any potential impact on productivity.

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July 25, 2016

Businesses worldwide ready to welcome robots into workplace ⁰

by Mark Eltringham • Property, Technology, Workplace

Businesses are ready to embrace the new era of robot workers, automation and artificial intelligence, according to a new report. The Robotic Workforce Research study by AI specialists Genfour claims that more than half of respondents globally are ready to embrace the arrival of robots in the workplace. Almost half of respondents believe that between 10 and 30 percent could be subject to automation. Across all businesses in the UK and US, 94 percent responded that they would either embrace robots or felt a robotic future would be inevitable. Almost half (46 per cent) of UK businesses say they are set to welcome robots at work. A similar proportion (47 per cent) believe it is inevitable, and a third (32 per cent) believe they’ll be able to automate as much as 20 per cent of their business as soon as the technology becomes available. Just seven per cent are worried robots would steal jobs and 16 per cent currently have not planned automation.

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July 21, 2016

A quarter of workers would turn down higher wages to get work perks ⁰

by Neil Franklin • Flexible working, News, Wellbeing, Workplace

A quarter (25 percent) of British workers would be willing to accept a lower salary in return for better ‘work perks’ a new survey claims. Employment bonuses, such as flexible working, a company car or free food have become increasingly popular over the last few years, which explains why 55 percent of UK workplaces already offer work perks, the survey suggests. Workers in Wales are most likely to accept a lower salary with almost a third saying they would accept a position for less money if it had better perks. The survey was commissioned by Printerland.co.uk to explore attitude towards benefits, asking 2,000 workers about the kind of perks they already receive and which bonuses they wish they had. The research claims that the most common perks offered are flexible working (51 percent), financial bonuses (50 percent), free food (32 percent), company phones and tablets (21 percent) and company cars (11 percent).

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July 21, 2016

Young people entering the workforce are not prepared for office politics ⁰

by Neil Franklin • Flexible working, Wellbeing, Workplace

Office politics is the one thing many young people are least prepared for when starting their first job, according to a new study by the Co-op. The study comes as many them are about to enter the workforce for the first time. With more young people opting for the world of work in the form of apprenticeships and on the job training rather than higher education, the members of ‘Generation Y’ often find they are unprepared for these softer skills needed to get on in the office according to the poll of 1,100 16-25 year olds. Over half of young people (54 percent) said that they were not prepared or informed about office politics. The study is part of the Co-op’s campaign to champion young people in the workplace by taking a closer look at what motivates 16-25 year olds. The research suggests that young people could find it harder to express opinion and ideas in the workplace, which in turn could lead them to feel isolated and unsupported.