Search Results for: benefits

Global executives value work-life balance benefits of connected workplace

Global executives value work-life balance that technology allowsSenior global executives are working more hours and in more locations now ever, but advances in workplace connectivity mean they are far more satisfied with their work-life balance. According to the 2014 BlueSteps Work-Life Balance Report, by the Association of Executive Search Consultants (AESC), over half (52%) are satisfied or very satisfied with their work-life balance. In comparison, four years ago, 55 per cent did not believe their current work-life balance was satisfactory. Global executives work an average of 58.5 hours per week, with 39 per cent working over 60 hours per week; but the majority (81%) of those polled consider work-life balance when deciding on whether or not to accept a new position.Over one quarter (28%) rate their work-life ratio as more important than their potential earnings and 31 per cent would refuse a promotion or new job offer if it negatively affected their preferred work-life balance ratio. (more…)

Homeworking has environmental benefits, says Carbon Trust

Environmental and cost benefits of homeworking

There have been some doubts cast recently on the environmental benefits of flexible working. At the recent ThinkFM conference, Lord Rupert Redesdale, the CEO Energy Managers Association said that keeping buildings open for longer to accommodate flexible workers could become unfeasible for many businesses. But what if you simply increase the numbers of home workers instead? Homeworking reduces employee commuting, resulting in carbon, money and time savings. If office space is properly rationalised to reflect this, homeworking can also significantly reduce office energy consumption and rental costs. This is according to new research from the Carbon Trust, which found that if adopted and encouraged by employers across the country, homeworking could result in annual savings of over 3 million tonnes of carbon and cut costs by £3 billion.

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Flexible working benefits are undermined by short sighted employers

Flexible work

There has been a growing perception that flexible working practices are now commonplace in the workplace. However a recent report from Working Families, a charity set up to help working parents and carers find a balance between their responsibilities at work and at home, suggests this is a myth. Their report reflects growing concerns based on experiences and queries from their helpline that employers are in fact, becoming more rigid. The report suggests that working parents are coming under increasing pressure to give up their flexible working arrangements. It highlights “a growing number of callers to the helpline reporting the family-friendly working pattern they have had in place for years being changed or withdrawn virtually overnight, with no opportunity for them to express their views”. Ironically, despite the Government’s championing of flexible working it seems the imposition of employment tribunal claim fees could be behind the backlash. (more…)

Benefits of mobile broadband to Australia run to tens of billions, claims report

mobile-broadbandWhile the UK Government continues to fuss over the rollout of broadband in the UK, bickering with the notoriously ponderous BT about a dysfunctional monopoly they created themselves, a new report from Australia claims that the economic benefits of mobile broadband in that country came to nearly AU$34 billion (£19 billion) last year. The report commissioned by the Australian Communications and Media Authority (ACMA) in partnership with the Centre for International Economics (CIE) and Analysys Mason found that although the mobile telecoms sector only accounts for 0.5 percent of economic activity in Australia, its impact on productivity is profound. Last year it accounted for an additional AU$33.8 billion in activity, 2.28 percent of Australia’s total gross domestic product. The report makes its claim on the basis that between 2006 and 2013, productivity growth was 11.3 percent per year, but would have been only 6.7 percent without mobile broadband.

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World Green Building Council to quantify productivity benefits of sustainability

UK Green Building Council sets out future plans for sustainable futureIn an attempt to broaden the business case for sustainable building, the World Green Building Council has launched a new initiative to define the productivity and wellbeing benefits associated with low carbon and sustainable property.  The initiative, launched ahead of this week’s Ecobuild conference in London, will be steered by a group of experts who will produce a final report later in the year. The premise of the study is to show that, as well as cutting costs and improving environmental performance, green buildings have a beneficial effect on the health, wellness and productivity of occupants. According to the announcement, around 85 per cent of an average organisation’s costs are associated with salaries and other costs of employment so a modest improvement in productivity can have a huge impact.

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Benefits of social media for employers are not being realised says CIPD

Benefits of social media for business relationships and employee engagementResearch launched today at the CIPD’s Social Media in HR conference reveals social media is still a long way off from infiltrating the workplace to the extent it is used in our social lives. Three in four (76%) use social media in their personal lives, but just one in four (26%) use it for work purposes. Given the news this week that the attorney general is to publish guidance on Twitter to help prevent social media users from committing contempt of court, employers could be forgiven in being wary of the risks of social media. This is a mistake, as according to the research, ‘Social technology, social business?’ almost half (47%) of employees who use social media for work on a daily basis already see real benefits for their organisations. (more…)

RSA report claims untapped flexible working benefits of £8bn for the UK

Flex Work_0000The latest salvo in the battle to get Britain to adopt even more flexible working comes in a report that carries more weight than some because it is not solely the work of a technology company but sponsored by the Royal Society for the Encouragement of Arts, Manufactures and Commerce (RSA). True, it’s co-sponsored by Vodafone but that is the way of these things. The RSA study estimates that flexible working practices shaped around the personal circumstances of the individual and designed to minimise the routine grind of commuting could give people around 5 more hours per week in which to work.

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Office rental sector benefits from office to home exemption

Office rental sector benefits from office to home exemption says RICS

The office rental sector has benefited from the prospect of reduced supply, stemming from the recent announcement by the government to relax the need for permission to change use from commercial to residential, according to RICS’ property and construction experts. Although the first quarter results of the 2013 RICS UK Commercial Market Survey reveals how the retail side of the commercial market continues to suffer, other areas of the commercial property market – such as office and industrial space have seen demand for premises strengthen slightly with no major increases in empty floor space and rising levels of tenant demand for office premises. (more…)

New research from China highlights benefits of working from home

CTripA new report from researchers at Stanford Graduate School of Business and the Guanghua Management School at Beijing University looking into the experience of working from home at one large Chinese firm has found that the practice led to a 13 per cent increase in productivity. The research also found that workers reported increased levels of job satisfaction and half elected to continue working from home when the choice was given to them at the end of the study period even though it was evident that their chances of promotion on the basis of performance had reduced as a result of the experiment.

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Economic benefits of green buildings highlighted

worldInHands

Green buildings can be delivered at a price comparable to conventional buildings, with investments recouped through operational cost savings and, with the right design features, create a more productive workplace, says the World Green Building Council (WorldGBC). A new report, which looked at the benefits from green buildings received by different stakeholders throughout the life cycle of a building, “synthesizes credible evidence from around the world on green buildings into one collective resource, and the evidence presented highlights that sustainable buildings provide tangible benefits and make clear business sense,” said Jane Henley, CEO of WorldGBC. (more…)

More than half of UK freelancers have considered quitting self-employment in past year

More than half of UK freelancers have considered quitting self-employment in past year

More than half of UK freelancers and small business owners have considered giving up self-employment over the past year, according to new researchMore than half of UK freelancers and small business owners have considered giving up self-employment over the past year, according to new research from The Accountancy Partnership. The survey of 1,060 self-employed professionals found that 50.7 percent have thought about returning to traditional employment in the past 12 months. Of these, 16.4 percent said they had seriously considered leaving self-employment altogether, while 34.3 percent said the idea had crossed their minds briefly. (more…)

Study confirms that digital tools blur boundaries between work and personal life

Study confirms that digital tools blur boundaries between work and personal life

A new academic study confirms something you probably already know: digital tools are eroding the boundary between work and personal life.A new academic study confirms something you probably already know: digital tools are eroding the boundary between work and personal life. According to the new research, things are getting worse and we experience constantly growing psychological strain as a result of an always on working culture. The study, published in the International Journal of Electronic Finance, finds that widespread use of information and communication technologies such as smartphones, laptops and cloud platforms has enabled greater flexibility but also extended work into nearly all aspects of daily life. (more…)