Search Results for: big data

Executive pay at major firms will today exceed entire 2020 pay for average worker

Executive pay at major firms will today exceed entire 2020 pay for average worker

executive payThe average FTSE 100 boss will have already earned as much by 5pm today as a typical employee will take home this entire year. According to the analysis from the CIPD and the High Pay Centre, those leading Britain’s biggest companies earn 117 times more than the average worker. The CIPD and High Pay Centre are calling on businesses not to treat the new reporting requirements on executive pay as a ‘tick-box’ exercise and to use it as an opportunity to fully explain CEO pay levels. They also highlight the need for firms to provide a clear rationale for why CEOs are paid what they are and what is being done to address the issue of fair pay in their organisation more broadly. They consider this an important step to help build trust in business amongst employees, wider stakeholders and society. (more…)

Over 65s will drive half of all jobs growth in coming decade

Over 65s will drive half of all jobs growth in coming decade

New projections from Rest Less, a jobs, volunteering and advice site for the over 50s, claims that workers aged 65 and over are likely to be responsible for at least 50 per cent of all UK employment growth in the next 10 years. The analysis, based on population projections from the Office of National Statistics, makes an assumption that the current employment rate of each age group will remain static, and suggests that with population changes alone, the over 65s are likely to be responsible for 52 per cent of all the UK’s employment growth in the next 10 years, 57 per cent in the next 20 years and as much as 62 per cent by 2060. (more…)

The truth about all those workplace trends lists

The truth about all those workplace trends lists

You would not believe the number of firms that ask us to publish a list of workplace trends each week. Or maybe you would, given the number that have appeared elsewhere. Each firm perhaps convinced they are saying something original, unique or interesting, or maybe simply convinced they stand out in some way, while pushing the same timid, stale narratives about the workplace. It goes without saying that the commercialised messages often do little to shine a light on complex realities. In the words of the Scottish poet and anthropologist Andrew Lang, they use information ‘like a drunk uses lamp-posts—for support rather than illumination’.

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Self-driving cars will be most transformative future tech, bosses say. Techies disagree

Self-driving cars will be most transformative future tech, bosses say. Techies disagree

Self-driving cars are set to have a significant impact on society and change our future the most over the next 20 years, according to research from CWJobs. Working in collaboration with “futurologist” Melissa Sterry, the report (registration) surveyed over 2,000 UK business decision makers and IT workers to determine the technological inventions with the greatest impact on society since 2000 and what’s to come in the next 20 years. (more…)

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

No incentive to tackle climate change?Fewer than 10 percent of UK CEOs have financial incentives in place to be environmentally friendly in their business practices and thus tackle the climate change emergency, according to new research from Vlerick Business School. In fact, the researchers found that only 6 per cent of UK CEOs have in their bonus a KPI focusing on the environment, and less than one per cent have long-term incentives focused on this area. (more…)

Wellbeing is increasingly in the hands of HR and the future looks bright as a result

Wellbeing is increasingly in the hands of HR and the future looks bright as a result

Wellbeing in office designThe future of workplace wellbeing is in HR’s hands; hence, the discipline is even more pivotal to organisational success. As admin and payroll become increasingly digitised and automated, time can be spent more effectively, supporting good people to do good work. Influential people are now catching on to the importance of wellbeing. New Zealand’s Prime Minister Jacinda Ardern told More than GDP, “We need to address the societal wellbeing of our nation, not just the economic wellbeing”. Her government will set a budget to measure wellbeing and the long-term impact of policy on the quality of people’s lives. (more…)

Employee engagement linked to improved financial performance

Employee engagement linked to improved financial performance

employee engagementCompanies which make employee engagement a strategic priority may be more likely to perform better financially, according to research released today. An analysis of the UK’s biggest companies found that those which frequently reference “employee engagement” in their annual reports also perform better financially. The findings were released by Sideways 6 which analysed the annual reports of the FTSE100 Index for each of the last three years (2016-18). (more…)

People need to feel comfortable about being themselves at work

People need to feel comfortable about being themselves at work

feeling comfortable at workOver a quarter of people (28 percent) in the workplace suffer bullying and/or discrimination on issues such as gender, age or sexual orientation, according to a new study. The Workplace Wellbeing Census, conducted by leading healthcare provider Bupa, found that such actions are the most harmful factors influencing workplace wellbeing at work. Women in the workplace face significant challenges with over a third (34 percent) experiencing bullying or discrimination, compared to 22 per cent of men. Women are also more than four times as likely to suffer negatively from workplace gender discrimination than men (13 percent vs 3 percent). (more…)

Merging workplace cultures and breaking habits

Merging workplace cultures and breaking habits

Ricoh London workplaceHuman beings are hardwired to be creatures of habit. From birth, we learn behaviours and develop routines that are reinforced over time through repetition. Researchers at MIT claim the neurons in our brains are responsible for this process. When someone begins a new activity a certain part of the brain kicks into gear, helping them to learn the exercise quickly. But once the action is repeated successfully, the scientists found, those same neurons only really come to life at the beginning and end of the activity. This is the reason that mundane tasks, like getting dressed or driving a car often feel like they’re performed on ‘autopilot’ and why breaking bad habits is so difficult, including those we develop in the workplace. (more…)

World Green Building council launches case study library of best practice

World Green Building council launches case study library of best practice

Green Building

The World Green Building Council has launched a new digital case study library showcasing what it claims is excellence in sustainable development globally, featuring buildings that are net zero carbon and/or enhance human health. According to the WGBC, claims are verified by established certification schemes, rating tools or other third-party systems. Buildings and construction together account for 36 percent of global final energy use and 39 percent of energy-related carbon dioxide emissions when upstream power generation is included. Additionally, people spend 90 percent of their time in buildings, and there is a consistent association between unhealthy indoor environments and negative human health impacts. (more…)

Is IoT the answer to occupancy level issues?

Is IoT the answer to occupancy level issues?

A frequently heard claim from manufacturers is that all Internet of Things (IoT) technology is the panacea to occupancy level issues for owners and managers of commercial buildings. The obvious retort is “Well, they would say that wouldn’t they?” since the equipment they have on offer is produced with the sole purpose of putting a degree of intelligence into smart buildings. The benefits of making your commercial premises ‘smart’ have been aired many times – including the ability to manage in real-time systems for air quality, temperature, noise levels, fire detection, equipment failure, and lift management. While having this kind of information at your fingertips is undoubtedly useful, the management of occupancy is an area where building managers are starting to see real dividends because they are able to make major savings in running costs. (more…)

HR leaders feel unprepared for the future of work

HR leaders feel unprepared for the future of work

Gartner and the future of workOnly 9 percent of chief human resources officers (CHROs) agree that their organisation is prepared for the future of work, according to a new report from Gartner. The study ties in to Gartner Gartner ReimagineHR conference, which took place last week. It concludes that to address the needs of organisations and workers in the future, HR leaders must focus on five areas of work. It suggests that tackling the future of work should not mean looking at the various changing aspects of work, such as AI, the gig economy and the multigenerational workforce, in silos. Istead, HR leaders should focus on the big picture of what the future of work can and should look like in their organisation. (more…)