Search Results for: business

People ten times more likely to stay in their job for friendships than a pay rise

People ten times more likely to stay in their job for friendships than a pay rise

by • News, Working culture

friendshipsFollowing reports that job applications on the first working Monday of the New Year spiked by 89 percent compared to the average Monday in December, many UK businesses may be missing a trick in their efforts to retain staff, new research has suggested. When researchers commissioned by Eko asked 1,000 employees what factors would make them stay in their job for longer, they were ten times more likely to stay put for friendships than for a pay rise. Indeed, only 3 percent of workers cited a pay rise as something that would make them stay with their employer for longer. (more…)

Failure to put employees at heart of data strategy costs UK firms £10bn in lost productivity

Failure to put employees at heart of data strategy costs UK firms £10bn in lost productivity

by • News, Technology

data strategyA new report from Qlik and Accenture, titled “The Human Impact of Data Literacy” and conducted on behalf of The Data Literacy Project, claims that while most organisations understand the incredible opportunity of data, a gap has emerged between organisations’ aspirations to be data-driven and their employees’ ability to create business value with data. The report argues that data is a ‘gold mine’ that can fuel a culture of innovation and growth as part of a data strategy. However, when employees struggle to make sense of data, productivity and business value can be affected.

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Getting on with colleagues key to job satisfaction

Getting on with colleagues key to job satisfaction

by • News, Wellbeing

Job satisfactionGetting on well with colleagues gives workers greater job satisfaction than having a good salary, new research has claimed. “New Decade, New Direction” by the Institute of Leadership & Management asked more than 2,100 workers to identify the factors that affect their job satisfaction and explored their career plans for the new decade. (more…)

Equal pay: women too polite to ask for more money

Equal pay: women too polite to ask for more money

by • News, Workplace

equal payMillions of women could be missing out on higher salaries as 82 percent never negotiate their pay when applying for jobs, new research has claimed. The fear of being “rude” or “ungrateful”, compounded by concerns from 21 percent that asking for equal pay could jeopardise benefits such as maternity leave or flexible working, is silencing women when it comes to money, the survey of 1,000 working women suggests. (more…)

1800s warehouse opens its doors for coworking

1800s warehouse opens its doors for coworking

by • Coworking, News

CoworkingAn 1860s warehouse located in the original Granada Studios estate in Manchester city centre has opened its doors as a coworking space for small and medium businesses. Bonded Warehouse, managed by All Work & Social, part of Allied London, includes work and social spaces on all six floors, a space for wellness and fitness, event spaces, a brewery and tap room, gin bar and 24-hour coffee lounge for collaboration and socialising. (more…)

Over half of UK small firms lack high speed internet

Over half of UK small firms lack high speed internet

by • News, Technology

high speed internetUK SMEs are facing a serious digital dilemma, with three in five operating their business without a high speed internet connection. This finding, from Bionic’s Business Efficiency Index (registration), is part of an overall picture of the UK’s small business community struggling to keep pace with tech acceleration; small minorities have modern payment methods or access to e-commerce channels. 57 percent of SMEs do not have high-speed internet, and under one in ten businesses (9 percent) plan to invest in access in the near future. (more…)

Forget flexible working, unpaid overtime is the new normal

Forget flexible working, unpaid overtime is the new normal

by • Flexible working, News

Standing out in a competitive job market isn’t always easy, so some employees may implement various tactics to be more noticeable, including working overtime. Working the occasional overtime shift might not seem like a big deal, but is it? (more…)

Universal Music publishes new guide to neurodiversity in the workplace

Universal Music publishes new guide to neurodiversity in the workplace

by • News

neurodiversityUniversal Music UK has published what it claims is the first handbook for embracing neurodiversity in the creative industries. It defines neurodiversity as “the infinite variation in cognitive functioning that can lead to differences in thinking, attention and memory”. The handbook, which is titled Creative Differences, explores the experiences of people with specific facets of neurodiversity such as ASD, ADHD, dyslexia, dyscalculia, dyspraxia and Tourette Syndrome. (more…)

Workplace culture can eat strategy for breakfast

Workplace culture can eat strategy for breakfast

by • Comment, Workplace design

It was management consultant and author Peter Drucker who coined the well-worn maxim that “culture eats strategy for breakfast”. But often it is used in the wrong way. Far from suggesting that culture alone dictates workplace function, he presented culture as a first among equals. A strategy that does not heed culture is more likely to fail. A culture without strategy is prone to go adrift. It is vital for an organisation to be aware of its own culture and subcultures. Without self-awareness, the steps to improve or nuture those within the organisation will be futile. (more…)

Changing world of work yet to reshape expectations of young people

Changing world of work yet to reshape expectations of young people

by • News

Huge changes to the world of work over the past two decades have made little impact on teenagers’ career expectations, which have become more concentrated in fewer occupations, according to a new OECD report. Dream jobs: Teenagers’ career aspirations and the future of work says 47 percent of boys and 53  percent of girls surveyed in 41 countries expect to work in one of just 10 popular jobs by age of 30. The figures, based on the latest PISA survey of 15-year-olds released last month, reveal a narrowing of expectations as these shares increased by eight percentage points for boys and four percentage points for girls since the 2000 PISA survey. (more…)

AI to do two-thirds of managers’ routine work by 2024

AI to do two-thirds of managers’ routine work by 2024

by • News, Technology

AIArtificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots will replace 69 percent of managers’ workload by 2024, Gartner, Inc. has predicted. As well as taking over routine tasks, AI will also make work more accessible for employees with disabilities, a new report from the research and advisory company claims (registration required). (more…)

Most executives lack skills to lead in digital economy

Most executives lack skills to lead in digital economy

by • News

digital skillsMost executives around the world are out of touch with what it takes to lead effectively and for their businesses to stay competitive in the digital economy, a new study has claimed. Out of nearly 4,400 executives in over 120 countries surveyed by MIT Sloan Management Review (MIT SMR) and Cognizant, only 9 percent agreed that their organisation has the skills at the top to thrive in the digital economy. (more…)

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