December 11, 2019

Most business leaders think that major firms will continue to globalise

In what might be interpreted as a sign of increasing globalisation, a new study from Intertrust amongst the firm’s corporate clients suggests that almost three quarters (72 percent) of business leaders expect to see more companies setting up overseas operations between now and 2024 compared to just 5 percent who believe it will fall. The conclusion is based on a survey of 100 companies ranging from start-ups to mature multinationals about their expansion plans. Over half (56 percent) of respondents said they plan to expand into up to three markets in the next two years with a further 14 percent aiming to break into four to six new countries. (more…)

December 10, 2019

Third of workers at small businesses are not happy with their jobs

by Neil Franklin • News, Wellbeing

Over a third of employees (39 percent) at small-to-medium sized (SMB) businesses in the UK are unhappy with their jobs and 36 percent believe their employer does too little to retain them, according to new research from People First, the HR solutions provider. Exploring the attitudes of 250 bosses and 250 employees across the UK, the research found a major difference in outlook as more than eight-in-ten (86 percent) SMB bosses believe they have happy workforces. When asked to rate out of ten the scale of engagement among employees at their companies, 77 percent of these bosses said it was between eight and ten, with ten being the most content and engaged. (more…)

November 27, 2019

Worrying disconnect between small business leaders and workers

by Neil Franklin • News, Technology

A new report from Microsoft claims that there is a worrying disconnect between small business leaders and their employees. Over three quarters of leaders (79 percent) say they disclose as much information as possible with their staff and 85 percent agree employees perform much better when empowered with information. However, just 36 percent of employees say their business has a culture of transparency, and even less (18 percent) think their organisation has a clear vision or goal. (more…)

November 27, 2019

Businesses fear that a failure to embrace automation will make them irrelevant

by Neil Franklin • AI, News

The majority of UK businesses fear becoming ‘irrelevant’ within the next five years through failing to make a successful transition to an automated workplace. To avoid this risk, organisations need to collaborate with their workforces to embrace automation and artificial intelligence, a new report from Capita warns. The report Robot wars or automation alliances? People, technology and the future of work calls for an honest dialogue between business leaders and employees – and urgent, multi-stakeholder action to support employees in the transition to a more automated world. (more…)

November 18, 2019

Gulf between the values of businesses and those of employees

by Jayne Smith • Business, News

A new study from The Institute of Leadership & Management claims there is a significant gulf between the organisational values held by UK businesses and the personal values of their workers, and highlights the different values considered important to men and women, younger and older workers and between sectors. (more…)

November 15, 2019

One in five businesses plan to drop contractors because of IR35

by Neil Franklin • Business, News

A fifth of of UK businesses say they are planning to axe contractors completely to ensure they are fully tax compliant ahead of the IR35 changes planned for next year, according to a survey from recruitment firm Harvey Nash. The 2019 Harvey Nash IR35 Sentiment Survey (registration) of 1,200 businesses and contractors claims to reveal the confusion that still reigns around IR35 legislation among both contractors and the businesses that rely on them. The findings suggest that 83 percent) of businesses believe IR35 will impact negatively on their industry. Meanwhile 60 percent of contractors say they have experienced increased anxiety, stressing or worrying about how the new rules will affect them. (more…)

November 12, 2019

Uber Works may not be as good for workers as it is for businesses

by Shainaz Firfiray • Comment, Flexible working, Technology

Uber is still best known as a ride-hailing platform but it has been branching out into other industries. Food (Uber eats), electric scooters and bicycles (Jump), and now shift work with the launch of Uber Works. It is being trialled in Chicago, with plans to launch elsewhere soon, and enables casual workers such as cleaners, bar staff and warehouse workers to find work. (more…)

November 6, 2019

Cyber security remains a key tech priority for businesses

by Neil Franklin • News, Technology

Organisations are prioritising investment in cyber security to strengthen their defences against their perceptions of a growing threat, according to a new survey of its customers to gauge their technological priorities by Softcat. According to a BBC report, 55 percent of UK firms have experienced a cyber-attack in 2019, up 15 percent compared to last year, signifying a growing threat so their fears may be well-founded. Softcat’s survey claims that 83 percent of industries ranking cyber security as their biggest technology priority for the year ahead. (more…)

October 21, 2019

Business rates and employment costs for small firms need overhaul

by Neil Franklin • Business, News, Property

The Federation of Small Businesses (FSB) is calling on the Chancellor Sajid Javid to bring forward radical interventions to address an unprecedented long-term slump in small business confidence, slowing economic growth and a widening trade deficit when he publishes the 2019 Autumn Budget on 6 November. In a letter to the Chancellor, the group calls for a major reduction in business rates bills for small firms, as thousands struggle to stay afloat amid spiralling operating costs. (more…)

October 16, 2019

Business leaders out of touch and failing to inspire, say employees

by Neil Franklin • Business, News

British businesses are facing a crisis of leadership, according to new research from Tiger Recruitment, which claims that 58 percent of employees are rarely or never inspired by the leader of the company they work for. Furthermore, according to British employees, many business leaders are setting a poor example around the issues that matter to them today, including work-life balance (28 percent), managing stress (29 percent), flexible working (21 percent) and staying mentally healthy (21 percent). (more…)

October 8, 2019

Flexible working is good for business, study claims

by Neil Franklin • Flexible working, News

The overwhelming majority of Scottish business leaders who already offer staff some form of flexible working say it has had a positive impact on their business. The research, conducted by YouGov for Family Friendly Working Scotland, claims employers surveyed reported benefits to the business including increased productivity among workers (37 percent) and better staff retention (40 percent). Almost a third (30 percent) reported fewer staff were off sick, while other benefits included increased profit (17 percent) and better employee mental health and wellbeing (40 percent). (more…)

October 1, 2019

Tech skills now more important than maths and science say business leaders

by Neil Franklin • News, Technology, Workplace

More than two-thirds (68 percent) of British businesses think that acquiring tech skills such as coding trumps the importance of more classic subjects such as maths and science. The research, from tech job board CWJobs, also claims that 71 percent of businesses urge candidates to learn tech specialisms in order to futureproof their careers. Active jobseekers should take note of skills that can push them to the top of the hiring list, with eight out of 10 (80 percent) business leaders revealing candidates having a tech specialism is an important factor in their future hiring decisions across any job sector. (more…)