Search Results for: benefits

Governments should respond to needs of older workers

Governments should respond to needs of older workers

Illustration of older workers in an officeWhile firms are already being asked to do more to support their older workers by organisations like The Centre for Ageing Better, a new OECD report is arguing that it is an issue that Governments are not addressing as well as they might. It claims that the rapidly ageing population of countries around the world means that governments should promote more and better job opportunities for older workers to protect living standards and the sustainability of public finances.

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Three quarters of people want to work for a firm with a good reputation

Three quarters of people want to work for a firm with a good reputation

Ethical behaviourOver three quarters of people (76 percent) want to work for firms with a good reputation, according to the latest business reputation survey “Everyone’s Business” by the CBI, in collaboration with Porter Novelli and Opinium. Encouragingly, the reputation of business has improved since the last wave of the tracker in September 2018. Last year a series of events and scandals in the business community had a chilling effect on business reputation, but 2019 has seen this ‘reputational chill’ start to thaw, with a 4-point rise in those thinking business reputation is good (60 percent). (more…)

Back to workplace basics, the joy and pain of work, squeezing people in and some other stuff

Back to workplace basics, the joy and pain of work, squeezing people in and some other stuff

A coworking workplace in Chengdu by WeWorkLet’s get the inevitable WeWork story out of the way first. A supposed news item in Crain’s New York Business has claimed that WeWork is ‘squeezing’ people into half the space recommended in the BCO’s Specification Guide; “roughly the size of two standard doors laying side by side”. You can see the editorial cogs at work here, combining a story about WeWork with one about how people are crammed into the workplace like cattle these days.

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Artificial Intelligence will positively impact accountancy, according to accountants themselves

Artificial Intelligence will positively impact accountancy, according to accountants themselves

Artificial intelligence in the workplaceFor many, the thought of adopting artificial intelligence (AI) in the workplace is a daunting prospect. But it seems that the majority of chartered accountants believe it will, in fact, have a positive effect on the industry. According to research conducted by CABA, the charity supporting the wellbeing of chartered accountants and their families, 52 percent believe this to be the case, with 16 percent either unsure or predicating no impact at all. The same research also found that, more generally, the biggest bugbear for chartered accountants was the amount of work expected to be completed in the time available (41 percent). So, it’s encouraging that nearly 1 in 4 (25 percent) agree that AI will let humans add value elsewhere as robots take on more menial jobs. In addition, 17 percent stated that the adoption of AI/automation will increase productivity, with 11 percent also agreeing that it will reduce errors and improve attention to detail. (more…)

Two thirds of people with fixed hours want flexible working

Two thirds of people with fixed hours want flexible working

Flexible working and coworking spaceTwo thirds (65 percent) of office workers that don’t currently have options for flexible working claim that they would be more motivated and productive in their jobs if given the option to choose their working hours, according to a new poll from coworking company, The Brew by rent24.  The poll also claims that only 18 percent of workers at small and medium-sized businesses already have flexible working arrangements, falling to just 14 percent for 18-34-year olds.

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Freelancers and the self-employed need holidays too

Freelancers and the self-employed need holidays too

Taking time off improves the work performance of freelancers, a new study from IPSE (the Association of Independent Professionals and the Self-Employed) claims. The research suggests that almost two-thirds of freelancers believe taking holiday improves their work performance in some way. Asked what advantages came with taking more time off, 63 percent said it improved aspects of their work including productivity, energy, creativity and confidence in their work. (more…)

London demand for tech skills threatens new North-South divide

London demand for tech skills threatens new North-South divide

A new analysis of the UK’s jobs market by Accenture claims that despite growing opportunities in other cities, London has increasingly greater demand for talent in emerging technologies than ten other UK cities combined. According to the report,  there are currently 422,000 UK-based professionals with skills in emerging technologies such as data analytics, artificial intelligence, blockchain, extended reality and quantum computing.

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Wellbeing challenge known to firms, but they need to up their game

Wellbeing challenge known to firms, but they need to up their game

Employers need to up their game on wellbeingA new white paper from Aon argues that while the vast majority of employers are aware of a range of wellbeing issues, they often don’t act in appropriate ways to address poor health behaviours and chronic medical conditions. The white paper Prevention Is Better Than Cure (registration) claims that 95 percent of employers see a correlation between employee health and performance and believe they have a role in trying to educate and improve poor lifestyle behaviours.

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Businesses should focus on the greater good of people and society

Businesses should focus on the greater good of people and society

Modern corporations should work in the best interests of society and people rather than focusing primarily on making money for shareholders as they may have in the past, according to an influential group of chief executives. The body Business Roundtable, which represents the heads of some of America’s largest companies, including Apple, Amazon and Exxon Mobil, has issued a statement of its updated corporate governance principles. (more…)

Knowledge workers feel out of step with their own organisation

Knowledge workers feel out of step with their own organisation

Many knowledge workers don’t feel they share common goals with their employer and colleagues, according to a study of 17,000 people by Slack. The State of Work Report summarises the findings, including the effect of this feeling of a lack of ‘alignment’ on organisational and personal performance and the role of technology in aligning people around shared goals. (more…)

Skills for the future of work laid out by new task force

Skills for the future of work laid out by new task force

Mind map of the variety of skillsBecause qualifications are only part of the story for employers, who are placing more emphasis on essential skill sets, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors (the CIPD, The Careers & Enterprise Company, Business in the Community, the Gatsby Foundation, EY Foundation and the Skills Builder Partnership) have come together for the first time to agree a universal framework for essential skills. It will build on the Skills Builder Framework, already used by over 700 organisations, and set out the skills needed to thrive at work, as well as how these can be assessed and developed. It can be used by students, workers and employers. (more…)

Younger workers believe flexible working is essential for mental health

Younger workers believe flexible working is essential for mental health

A young woman enjoys flexible working in a cafeNearly 40 percent of people under the age of 45 who have flexible working believe it has offered marked improvements in their mental health, a survey from Wildgoose claims. The firm conducted a survey of the workers to ask for their thoughts on working culture and the impact it has on a range of life outcomes. Employees from 114 companies from all backgrounds gave their answers anonymously. According to the study, the results highlight the reasons employees are looking for jobs that offer a degree of flexibility in terms of times and places of work. (more…)