Search Results for: benefits

Digital mobility to work anytime, anywhere is key to job satisfaction

Digital mobility to work anytime, anywhere is key to job satisfaction 0

Mobile workersIn a further nod to the growing relevance of flexible working, the ability to work anytime, anywhere is now key to job satisfaction with well over a third (38 percent) of employees in a global survey rating this as the number one factor, with the UK (43 percent) scoring this the highest. According to the “Mobility, Performance and Engagement” report from the Economist Intelligence Unit (EIU) and Aruba, employees in Western countries report themselves to be happier in their jobs, more loyal to their employers and more productive in their work compared to their counterparts in Eastern markets. When it comes to securing loyalty, the ability to hot desk was seen as paramount by many employees, notably in Singapore (37 percent), UAE (31 percent) and the US (34 percent), while the ability to collaborate with other employees was the number one choice for employees in Germany (43 percent), France (37 percent) and Japan (35 percent).

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Limited budgets greatest challenge to wellness programmes at work

Limited budgets greatest challenge to wellness programmes at work 0

wellness at workSixty-five per cent of respondents in a new survey across Europe, the Middle East and Africa claim that stress and mental health are the health and wellness issues they are most concerned about. Fifty-three per cent say that employees’ physical health is the biggest issue, while unhealthy lifestyles are judged to be the biggest issue by 49 percent. However, according to the study from Aon, only 32 percent of employers have emotional or psychological health programmes in place and 69 percent say limited budgets are their biggest challenge. While 93 percent of employers see a correlation between health and employee performance, just 13 percent of respondents measure outcomes of health strategies. The findings pinpoint areas for improvement and make recommendations to increase health benefits take-up, improve measurement on the impact of health initiatives and to maximise the return on investment that firms make in employee health.

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HR failing to inform European staff on implications of Brexit 0

The majority of non-British Europeans living in the UK don’t feel informed by HR about potential work policy changes caused by Brexit and nine out of ten are worried about what will happen should the referendum lead to an exit vote. The study of 1,000 Europeans by totaljobs also found that one in three (33 percent) would feel discriminated against if they were to look for a job in the UK in the current climate. Of those Europeans already living in the country, (87 percent) are worried about the potential impact of a Brexit vote, with half (49 percent) fearing for their job security and over a third (37 percent) for their personal lives. Worryingly for employers, nearly half (40 percent) of respondents said that the British decision to hold the Brexit referendum has negatively affected their opinion of the country and is forcing some (25 percent) to reconsider their career options outside of the UK.

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A fifth of staff experience more stress at home than in the workplace

A fifth of staff experience more stress at home than in the workplace 0

Amityville-HorrorHome may not be the haven we might assume, meaning that employers who encourage staff to work from home may actually be adding to their stress levels. Around a fifth of employees find their domestic lives more stressful than their working lives and many either don’t want to discuss it with managers or feel unable to, claims a new report from MetLife Employee Benefits. According to Building Resilience in the Workplace, 19 percent of employees overall are more stressed at home than at work, with slightly more female respondents to the study claiming to be stressed more by their home lives than the workplace. Around 21 percent of women say their home life is more stressful compared to 15 percent of men. The research claims that 67 percent of employees say domestic issues – including childcare, looking after elderly parents and financial pressures – are having an impact on their work performance.

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It isn’t easy to grow big when being small makes you more innovative

It isn’t easy to grow big when being small makes you more innovative 0

HR innovation requiredToday one of the key challenges most companies face is being able to scale rapidly while still keeping the innovative edge. Startups have less decision-makers making it easier to take the risks needed to remain as innovative. As these companies grow, they often experience a downturn in innovation as management rises. In fact, many larger corporations are now attempting to harvest the success of startups by creating small internal companies. This begs the question do you have to stay small to be innovative? According to the Economist’s study on organizational agility, the main obstacles to improved responsiveness are slow decision-making, conflicting departmental goals and priorities, risk-averse cultures and silo-based information. This isn’t a problem that faces a select number of companies. A survey by McKinsey&Company found that 94 percent of managers are unhappy with their company’s innovation performance.

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Quarter of UK workers would choose home working over pay rise

Quarter of UK workers would choose home working over pay rise 0

Scottish businesses home workingWe reported earlier this week that flexible working has gone mainstream, with over a third of organisations now offering some kind of flexible working arrangement. The question is whether these flexible workers are more productive, as some employers persist in perceiving a flexible working request as a means of ‘shirking from home.’ Now new research to mark National work from home day, shows that 48 percent of workers are happier when they can work from home and nearly a third (32 percent) of British workers ‘feel more productive’ when they do so. The study by the Institute of Inertia, a partnership between comparethemarket.com and the University of Sheffield, found that nearly a quarter (24 percent or 7.5 million) of British workers would rather work from home one day a week than receive a pay rise, while seven million admit they suffer from ‘procrastination or inertia issues’ when working in an office.

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Employers need to step up to retain older workers and carers, claims CIPD

Employers need to step up to retain older workers and carers, claims CIPD 0

Older workersWith people living longer and fewer young people entering the labour market, Europe’s employers are increasingly reliant on the skills and talents of older workers. However, the ageing population also means that there will be around nine million carers in the UK by 2037, many of whom will be trying to juggle care and employment, according to new research released by the CIPD. It claims that, although the UK’s policy framework for supporting older workers and creating fuller working lives is well-developed in comparison to other European countries, there is a crucial need to turn this thinking into practical action to avoid losing the skills and experience of employees who choose to work beyond retirement. With around 30 percent of the UK workforce currently over 50 compared to 20 percent in the 1990s, the CIPD is urging employers to put the tools and culture in place to support older workers as they represent and increasingly significant proportion of the labour market.

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Lack of productivity growth continues to impact on UK employment

Lack of productivity growth continues to impact on UK employment 0

Productivity problemThe Government to be more interventionist in its support and work in partnership with business to help improve organisations’ productivity to improve salaries and performance, the CIPD has said. This follows the second quarter in a row when the CIPD’s survey of employers has anticipated a pay figure below the Government’s official inflation target of 2 percent. The Labour Market Outlook highlights how low inflation, expanding labour supply and the lack of productivity growth are working in combination to reduce the economic pressure for employers to pay their staff more. The UK is now in its eighth year of a productivity slump, which for employees means that pay growth is likely to remain sluggish until at least the end of the decade and for employers means that low productivity leads to tightened budgets. This ‘jobs-rich, pay-poor’ economy is set to continue as pay awards are expected to only rise by 1.7 percent in the next year.

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Graduates want meaningful work and a fully digitised workplace

Graduates want meaningful work and a fully digitised workplace 0

Millennials prefer digitised workplaceMillennials entering the workforce want employment that offers meaningful work, ongoing learning opportunities and a fun workplace culture. This is according to a new study by Accenture on the workforce of the future which reveals that new graduates are increasingly digital, embracing new technologies, both to find work and on the job. The fourth annual Accenture Strategy 2016 U.S. College Graduate Employment Study found that the majority (70 percent) would rather work at a company that provides an employee experience built on a positive social atmosphere and receive a lower salary – up 10 percent on last year’s graduating class. Almost all (92 percent) of 2016 graduates said it is important to be employed at a company that demonstrates social responsibility. They are also three times as likely to prefer to work for a small or medium-sized company (44 percent), versus a large company (14 percent), indicating their preference for a smaller team environment.

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Ageing and overweight workforce fuel rise in US disability claims

Ageing and overweight workforce fuel rise in US disability claims 0

Overweight or obese workers and an ageing workforce mean that disability claims for joint disorders and musculoskeletal issues have increased significantly over the past ten years in the United States, according to data from Unum. Trends over the last decade show a 33 percent increase in long term disability claims and 14 percent increase in short term disability claims for musculoskeletal issues; with a 22 percent increase in long term disability claims and 26 percent increase in short term disability claims for joint disorders.  “Two particular trends are driving this experience,” said Greg Breter, senior vice president of benefits at Unum. “Aging baby boomers are staying in the workforce longer, and more than a third of US adults are classified as overweight or obese.” The US Bureau of Labor Statistics estimates that by 2022, more than 30 percent of people ages 65-74 will still be working, up from 20 percent in 2002.

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Public neither knows nor cares about the coming era of smart cities

Public neither knows nor cares about the coming era of smart cities 0

Smart cities reportThe smart city is the poster child for the new era of immersive digital living, but the British public remains ‘clueless or indifferent’ about the nature of smart cities and what they will mean for their lives, according to a new report entitled: Smart Cities – Time to involve the people published by the Institution of Engineering and Technology.  The report claims that only 18 per cent of the British public has heard of a ‘smart city’ and many are unaware that city-wide technologies could improve the quality of life in urban areas. One third of respondents were unable to select the correct definition of a smart city from a list of options. Eight per cent of respondents opted for “a city that has a higher than average proportion of universities and colleges and aims to attract the most intellectual”. And a further five per cent saw it as “a city that has a strict cleaning regime for its buildings, roads and public places”.

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The problems that come with London’s success need better solutions

The problems that come with London’s success need better solutions 0

walkie-talkie-tower-bridgeWe might all welcome London’s success as a thriving centre of commerce and culture, but this comes at a price and we need to look for a better balance than we currently see between London and the rest of the UK. Of course London is often the main victim of its own success. Its thriving tech and creative firms continue to spill out of the incubator districts created for them to find cheaper and more appropriate spaces in which to grow. In doing so they are pushing up rents in such unlikely nearby places as Croydon. In the traditional business districts in the City and Docklands, the capital’s tech giants are now able to compete for the first time for some of the most expensive real estate on the planet. To cope with demand, the Mayor is rubberstamping tall buildings like never before, many of them bloody awful, unloved by Londoners and heritage organisations alike, transforming the skyline and creating windswept, arid tundra at their feet.

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