Search Results for: business

Furloughed workers feel insecure about their future

Furloughed workers feel insecure about their future

New data looking into the attitudes of  6,273 employees, commissioned by Perkbox, claims the considerable impacts of the furlough scheme and the prospect of returning to work to wellbeing. The research claims that 61 percent of furloughed workers have concerns over their future job security, and a further 42 percent have concerns about the future of their company due to their employer’s participation in the scheme. This is despite almost half (45 percent) enjoying the time off and break from working that this time provided. (more…)

Survival, inquiry, sophistication – picking the right workplace battles

Survival, inquiry, sophistication – picking the right workplace battles

We know, and have for a long time, that the workplace is in a state of near constant flux. The meteor strike of lockdown is an accelerant, not a deviation. It has also laid bare -yet again – the faulty assumption that there is some sort of general evolution towards an idealised version of the office. That is why we see so many people routinely willing to suspend their critical facilities to make extravagant and even absurd predictions about the office of the future or even the death of the office. (more…)

People increasingly confident about return to offices

People increasingly confident about return to offices

Half (49 percent) of employed British adults feel positive about the prospect of returning to their place of work after lockdown, with less than one in five (18 percent) feeling negative, an Aviva study claims. The findings paint a relatively positive picture for businesses that have supported their people through lockdown, such as regularly communicating with workers and taking necessary steps to manage the risk of infection in the workplace. However, where businesses have not embraced risk management and prevention strategies, employees may decide not to return to work at all. (more…)

People plan to retain sustainable new habits after lockdown

People plan to retain sustainable new habits after lockdown

Britons are keen to continue with low-carbon lifestyle choices adopted during lockdown, according to research by Cardiff University and The University of Manchester. Two wide-ranging surveys conducted by the UK Centre for Climate and Social Transformation (CAST), which is coordinated by Cardiff University, suggested lockdown had upended people’s habits, from buying and travelling less, to reduced energy use and cutting down on food waste. (more…)

Rich, female and over- 45? It`s much more likely you thrived during lockdown

Rich, female and over- 45? It`s much more likely you thrived during lockdown

The characteristics that meant you were most likely to thrive during the Covid-19 lockdown have been identified in new research by emlyon business school. The researchers, from emlyon business school’s Lifestyle Research Center, have studied people’s lifestyle, circumstances, and behaviour during the Covid-19 lockdown period, to examine how it has impacted their mental and physical wellbeing. The data comes from a survey of over 1000 respondents, split evenly across France and the UK, gathered near the end of the lockdown period in May. (more…)

UK faces urgent AI skills gap, Microsoft report claims

UK faces urgent AI skills gap, Microsoft report claims

The UK is facing an AI skills gap that could leave companies struggling to compete with rivals from across the world, a new Microsoft report claims.  The research, entitled AI Skills in the UK, also found that businesses in this country use less AI than firms overseas, and when they do it tends to be less advanced. UK organisations are also less likely to be classed as “AI pros” compared to the global average (15 percent versus 23 percent), and the UK has a higher failure rate of AI than the global average (measured by the number of projects generating no commercial value – 29 percent versus 19 percent). (more…)

Freelancer income fell by a quarter during lockdown

Freelancer income fell by a quarter during lockdown

In the second quarter of 2020, freelancers’ average income dropped by 25 percent, according to the latest freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed). According to IPSE, the drop in income was driven by a record fall in the average number of weeks freelancers worked this quarter. Between March and June, the average freelancer went 5.5 weeks out of 13 without work. Combined with a 3 percent fall in freelancers’ average day rates, this led to average quarterly earnings declining by 25 percent from £20,821 in Q1 2020 to £15,709 in Q2 2020. (more…)

Central London office leases fall by over half in second quarter of 2020

Central London office leases fall by over half in second quarter of 2020

According to research from DeVono Cresa, the second quarter of 2020 saw 1.2 million sq. ft of office space leased across central London – a drop of 57 percent on the previous quarter. With the market feeling the full effects of the COVID-19 lockdown, demand, availability and rents in central London all trended as predicted, but with the pace somewhat subdued. Q1 2009, at the time of the Global Financial Crisis (921,000 sq. ft leased), remains the lowest quarter of take-up. (more…)

Wrong approach to leadership makes a fifth of CEOs a bad fit for their firm

Wrong approach to leadership makes a fifth of CEOs a bad fit for their firm

leadershipNearly a fifth (17 percent) of CEOs are largely unsuited to the companies they lead, according to new research from academics at Imperial College Business School, Harvard Business School, Columbia University and the London School of Economics. The paper, CEO Behavior and Firm Performance, is based on an analysis of the leadership behaviour of 1,100 CEOs based on their daily schedules. (more…)

People work longer (and different) hours under lockdown

People work longer (and different) hours under lockdown

A new study published by the National Bureau of Economic Research claims that the average lockdown working day worldwide is now around 48 minutes longer than before the pandemic. In addition, the number of meetings also increased by 13 percent and people send an average of 1.4 emails more per day. In addition, people were working at different times of day to free up time for other activities and responsibilities. (more…)

A dog`s life in the future of work

A dog`s life in the future of work

Once upon a time. Not so long ago. We used to get ideas for stories on lots of different topics. These included those I often dismissed at the time as quaint, such as somebody’s thoughts on why you should bring your dog to work. Now I often hanker for such whimsy, faced with day 127 of an inbox stuffed with nothing much more than ‘how to return to the office after lockdown’. (more…)

Managing occupancy will be essential in the new era of work

Managing occupancy will be essential in the new era of work

As COVID-19 infection rates reach lower levels and businesses open their doors once more, HR and facilities teams across many industries and sectors are preparing for a physical return to the workplace. With a duty to ensure the health, safety and general wellbeing of staff and visitors, there are many factors to consider, such as how to promote safe social distancing and increased cleaning regimes, while still focussing on business productivity. The roles of HR and FM will be critical in setting safe protocols if further self-isolation and lockdown measures are to be avoided. (more…)