Search Results for: business

More UK workers ready to change jobs as confidence in economy grows

More UK workers ready to change jobs as confidence in economy grows

Increased confidence in economy means more UK workers prepared to change jobsUK workers are feeling more confident about the state of the economy but it’s making them less inclined to stay in their current jobs, a new survey claims. According to the latest Global Talent Monitor report for the second quarter of this year, from Gartner 18.8 percent of UK employees indicated a very low intent to stay in their current role, the second highest after India (40 percent), and higher than the global average of nearly 12 percent. This is the first time since Brexit that workers reported having an optimistic outlook on the job market, and their own career growth. Nearly 40 percent of UK employees reported somewhat high to high confidence in the economy. When it comes to their personal prospects, employee perceptions have risen steadily over the last year and have increased nearly 4 percent. In fact, job opportunity perceptions in the UK are nearly 1.5 points higher than the global average. However, despite their intentions to move on from their current role, UK employees are still putting in a strong effort in their current roles, with nearly 13 percent of employees reporting a high willingness to go above and beyond in their role, and an additional 43.8 percent leaning towards high.

More →

Network Rail agrees £1.46bn commercial real estate sale to Telereal Trillium and Blackstone Property

Network Rail agrees £1.46bn commercial real estate sale to Telereal Trillium and Blackstone Property

Network Rail has agreed terms with Telereal Trillium and Blackstone Property Partners for the sale of its commercial real estate portfolio. Proceeds from the £1.46 billion transaction will help fund the railway upgrade plan, bringing improvements for passengers and reducing the need for taxpayers to fund the railway, according to a statement from Network Rail. Telereal and Blackstone will hold equal ownership stakes and intend to be long-term owners of the estate. Both parties have adopted a ‘tenants first’ approach, cemented in a tenants’ charter, which offers a commitment to engage with all tenants and communities in an open and honest manner. Telereal will oversee the day-to-day property management of the portfolio.

More →

Four day working week could become a reality soon, claims report

Four day working week could become a reality soon, claims report

A four-day working week could become a reality this century, according to the general secretary of the Trade Union Congress and a new TUC report. In a key speech to the TUC’s annual congress set to be delivered later today, Frances O’Grady will call for firms to use technology in a way to improve the lives of workers and cut the number of hours they spend working. However, the union also concedes that it may take government intervention for this to happen, given the way technology has encouraged the extension of working time over past few decades.

More →

We should measure wellbeing and security if we want to create Good Work, claims the RSA

We should measure wellbeing and security if we want to create Good Work, claims the RSA

Job security, workplace mental health, and how well-supported workers feel by their employer, should be monitored annually by the government, a report led by the RSA and the Carnegie UK Trust recommends. The need to better monitor quality of work in the UK was called for in RSA chief executive Matthew Taylor’s 2017 employment review for the Prime Minister. The UK Government subsequently committed to delivering on this proposal; and Measuring Good Work now sets out a roadmap for how the ambition can be achieved. The report highlights that employment has a major impact on people’s wellbeing and quality of life, arguing that since the 2008 financial crisis, despite record employment, the overall figure on the number of people in work fails to account for issues like worker pay; whether employees feel they are trapped in a job below their skillset; are working too few or too many hours; or are facing excessive workplace pressure.

More →

Creating a productive workplace for people is all about context

Creating a productive workplace for people is all about context

commercial property innovationThe quest for a proper understanding of the links between the places we work, the things with which we fill them and our wellbeing and productivity has been ongoing for a very long time. It predates our current thinking on productive workplace design and the facilities management discipline as we now know it by decades and has its roots in the design of early landmark offices such as Frank Lloyd Wright’s Larkin building and research such as that carried out at the Hawthorne Works in Chicago in the late 1920s. Yet the constantly evolving nature of work means that we are forever tantalised by an idea that we can never fully grasp and makes established ideas seem like revelations.

More →

Leading a hybrid future workforce of robots, episodic employees and gig leaders

Leading a hybrid future workforce of robots, episodic employees and gig leaders

future workforceVisions of hybrid workforces, episodic employees, gig leadership and acceptable failure have been unearthed in a new study, ‘Work 2028: trends, dilemmas and choices’, revealing business and society leaders’ projections for the fourth industrial revolution. The project was led by Professor Bernd Vogel at Henley Business School and run in collaboration with Deutsche Telekom and Detecon Consulting, who commissioned Henley to carry out the survey. The research involved interviews with over 50 influential leaders from across a variety of sectors and countries including senior figures from Amazon and Unilever to look at the challenges facing organisations and their future workforce.

More →

Firms need to distinguish between job and organisation when it comes to employee engagement

Firms need to distinguish between job and organisation when it comes to employee engagement

Organisations need to distinguish between employee engagement with a job and engagement with the organisation if they are to improve the employee experience and their overall competitive advantage, a new research paper claims. Published by the Institute for Employment Studies (IES), the paper claims to highlight how traditional, one-dimensional views of engagement fail to make a distinction between job and organisational engagement, viewing employee engagement as a single concept. However, employees can be highly engaged with the organisation but have low levels of job engagement, or vice versa. The research paper, Bridging the gap: an evidence-based approach to employee engagement, suggests that this lack of understanding about what engagement really is and how it influences organisational success can lead to inefficient and ineffective strategies to improve employee engagement.

More →

Gig economy growing but employers should continue to cultivate in-house talent

Gig economy growing but employers should continue to cultivate in-house talent

As gig economy grows employers should continue to cultivate in-house talentThe number of “gig economy” professionals working in organisations is growing and this trend is expected to continue, a survey by Korn Ferry has claimed. More than half (60 percent) of HR professionals say that compared to three years ago, gig workers now make up a larger percentage of their professional workforce, and 42 percent say they plan on hiring more contingent workers in the future. The reasons, according to the survey, include cost savings, access to high-calibre talent and ease of managing gig economy professionals. Despite the fact that many gig professionals work remotely, 67 percent of the HR professionals surveyed say they are confident they know what the gig professionals are doing on a day-to-day basis, and 42 percent say these contingent employees are easier to manage than full-time employees. However, according to Jeanne MacDonald, president of Global Talent Solutions for Korn Ferry’s RPO and Professional Search Business,  organisations should proceed cautiously and ensure they continue to cultivate in-house talent.

More →

Many UK freelancers feel lonely and isolated following leap to self-employment

Many UK freelancers feel lonely and isolated following leap to self-employment

The solo self-employed are now a vital element of the UK economy, contributing around £271 billion to the government’s coffers in 2017, of which around £125–140 billion came from freelancers. But with some predicting that by 2020, half of the workforce will be freelancing, we need to take an objective look at the world of self-employment and tackle its challenges head-on, giving freelancers the tools and skills they need to work effectively — and happily.

More →

From FUBAR to Five Star: Delivering Excellent Facilities Management

From FUBAR to Five Star: Delivering Excellent Facilities Management 0

Mark Wilcock is an experienced facilities management professional and he has something to share with you. His self-written new book From FUBAR to Five Star: Delivering Excellent Facilities Management offers reflections and guidance on a range of challenges that face facilities managers in their day to day lives. Mark is currently Business Support and Planning Manager at The Co-operative Group based in Manchester and was one of the first three thousand members of the BIFM. He has around 25 years experience in facilities management across a number of sectors and in different countries. In the book he shares his thoughts on key issues related to both the day to day and strategic role of facilities managers. All proceeds from the book will be donated to Alzheimer’s Research. Image: Co-op One Angel Square office Manchester, Buro Happold/David Hopkinson

More →

Don’t stand so close to me: why personal space matters in the workplace

Don’t stand so close to me: why personal space matters in the workplace 0

As successive BCO Specification Guides and the research of organisations like CoreNet Global have proved, the spatial dynamics of offices have changed dramatically in recent years. Put simply, the modern office serves significantly more people per square foot than ever before. Originally this tightening was largely down to the growing ubiquity of flat screen and the mobile devices, but more recently the major driver of change appears to be the gradual disappearance of personal workstations in favour of more shared space.

More →

Employers urged to err on the side of caution when the staff commute counts as work

Employers urged to err on the side of caution when the staff commute counts as work

A call for employers to pay staff for the time they spend emailing while commuting has opened up the debate on what constitutes working time for employees. Researchers from the University of the West of England who found that commuters used free Wi-Fi provision on their journey to and from work to ‘catch up’ with work emails, have argued this supported the argument that the commute be counted as work. Until now, there has been little research to evaluate the impact free Wi-Fi provision has had in the UK, despite government encouragement for companies to provide access on transport networks. Traditionally, the government has been more concerned about the benefits of free Wi-Fi for business travellers, but the research team believe that the impact on commuters may be more important. When the researchers looked to Scandinavia to see how commuting time could be measured differently, they found that in Norway some commuters are able to count travel time as part of their working day.

More →