Search Results for: business

War for talent is increasing as recruits have higher expectations than ever of a new job

War for talent is increasing as recruits have higher expectations than ever of a new job

War for talent grows, with recruits having higher expectations than ever of a new jobAs employment levels rise, employers are facing stronger competition to attract and retain staff. Now the latest research suggests there is an escalation in the ‘war for talent’, as nine out of 10 new hires admit they would leave a job that fails to meet expectations within a month. According to research commissioned by Robert Half of 9,000 candidates in 11 countries across four continents, nearly half (47 percent) admit they decide whether they would or wouldn’t accept a position straight after the initial meeting. Highlighting that first impressions count, a further one fifth (20 percent) know if they are interested after the first communication (call/email), while 17 percent typically decide within the first five minutes of the interview.  Less than one in 10 (9 percent) wait until they have completed subsequent interviews to decide and merely 7 percent decide during contractual negotiations. Even once candidates have accepted a role, 91 percent admit they would consider leaving a job within their first month and 93 percent during their probation period.

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Women are less optimistic than men about the future of work

Women are less optimistic than men about the future of work

Women in the US are less optimistic than men about the future of work, according to a new survey from B2B research firm Clutch. When asked how they view their future career, more than a quarter (27 percent) of working women feel worried or neutral, compared to 20 percent of men. Workers overall have a positive outlook about their future careers, the survey finds. Over three quarters (76 percent) are optimistic about their future careers, compared to 1 in 5 workers (20 percent) who say they are worried. However, gender differences correlate with other factors that impact optimism, including decision-making authority at work, according to the survey’s findings.

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Employees who work in digitally advanced workplaces are more productive and motivated

Employees who work in digitally advanced workplaces are more productive and motivated

Companies that are less technologically advanced are at risk of falling behind the competition and not attracting top talent, claims a new global study from Aruba. By contrast, employees who work in digital workplaces are not only more productive but also more motivated, have higher job satisfaction, and report an overall better sense of well-being. The study, Digital Revolutionaries Unlock the Potential of the Digital Workplace, outlines both the business and human benefits of more digitally-driven workplaces, and how. Almost all respondents (97 percent) thought their workplace would be improved through greater use of technology, while 64 percent said their company will fall behind the competition if new technology isn’t implemented. The same portion (64 percent) believe the traditional office will become obsolete due to advances in technology. However, the survey also warns that companies must be vigilant as more digital-savvy employees are taking greater risks with data and information security.

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Your happiness at work is not just down to your employer

Your happiness at work is not just down to your employer

When Google promoted a software engineer named Chade-Meng Tan to the role of “Jolly Good Fellow”, his career – and the entire culture of Silicon Valley – took a sharp turn. Meng, a cheerful employee valued for his motivational qualities, went from developing mobile search tools to spreading happiness across the organisation. Happiness became his job. Google wasn’t the first to hire someone with the sole remit of enforcing employee contentment. In 1999, when Google was still a start-up, French fashion brand Kiabi hired Christine Jutard as its chief happiness officer. She was one of the first to perform the role. But once Google did it, happiness at work became a key metric and other organisations quickly adopted their approach. Three years after Meng’s appointment, fast food giant McDonald’s even promoted Ronald McDonald from brand mascot to CHO.

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Majority of global workforce now work somewhere other than the office every week

Majority of global workforce now work somewhere other than the office every week

Majority of global workforce now work remotely from the office every week

Technological change, globalisation and changes in employee expectations mean that over two-thirds of global employees now work remotely every week, and over half do so for at least half of the week. Though it must be said this is according to a new study from IWG, which is the parent group of workspace companies including Regus and Spaces, the study found that every week 70 percent of employees are working at least one day a week somewhere other than the office. More than half (53 percent) work remotely for half of the week or more, whilst more than one in 10 (11 percent) people work outside of their company’s main office location five times a week. The survey adds also that flexible working and the use of shared workspaces are no longer the preserve of start-ups. The world’s most successful businesses – including varied companies such as Etihad Airways, Diesel, GSK, Mastercard, Microsoft, Oracle and Uber – are already adopting a flexible workspace approach.

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Upcoming tasks and appointments may make us less productive, claims new research

Upcoming tasks and appointments may make us less productive, claims new research

Available time seems shorter when it comes just before an appointment, say scientists who found that an upcoming task may make us less productive. In a series of eight studies, both in the lab and real life, researchers found that free time seems shorter to people when it comes before a task or appointment on their calendar. The study appears online in the Journal of Consumer Research. In an online study of 198 peopl were asked to imagine they had a friend coming over to visit in one hour and “you are all ready for your friend to come by.” The others were told that they had no plans for the evening. All participants were asked how many minutes “objectively” they could spend reading during the next hour and how many minutes they “subjectively” felt like they could spend reading during that same hour.

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Australia is leading the world in the adoption of activity based working

Australia is leading the world in the adoption of activity based working

Over half of those employed in the banking sector in Australia now find themselves in agile and dynamic activity based workplaces. The banks have set the pace. The overall growth of the phenomenon has been exponential in the last 5 years, with sources suggesting two thirds of Australian organisations will have adopted Activity Based Working (ABW) by 2020. Furthermore, by looking at the number of Activity Based Working projects in the pipeline this move away from the 20th century office seems unstoppable. Despite global economic challenges the banking sector in Australia is particularly strong and stable, which contributes to the organisations’ ability to take a long term view. Alongside this robust financial picture we are also seeing a shift in purpose emerge, where the banks move away from a purely financial role to one where they embrace a sense of community and stewardship thus developing a broader contribution to society.

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Simple fact: less complex workplaces increase levels of employee engagement

Simple fact: less complex workplaces increase levels of employee engagement

workplace

Organisations that invest in simplifying their workplace benefit from greater trust, advocacy, innovation and retention among employees. Yet despite this, 30 percent of employees find their workplace complex and difficult to navigate, claims a recent study conducted by Siegel+Gale. According to the study, organisations that communicate clearly from the top their purpose, values and business goals tend to be simpler. These workplaces convey how employees’ roles impact relationships with clients and ultimately, drive business results.

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Drones could add £42 billion to UK GDP by 2030

Drones could add £42 billion to UK GDP by 2030

Drone technology has the potential to increase UK GDP by £42 billion (or 2 percent) by 2030, according to new research from PwC. The research estimates there will be more than 76,000 drones in use across UK skies by 2030. More than a third of these (36 percent) could be utilised by the public sector (including in areas such as defence, health and education).  The report claims that drone technology could help the UK achieve up to £16bn in net cost savings by 2030 through increased productivity. The technology, media and telecoms (TMT) sector stands to save the most by using drones, with a potential net saving of £4.8bn by 2030.

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Remote working preferred, with just one in ten workers happiest in an office environment

Remote working preferred, with just one in ten workers happiest in an office environment

Remote working preferred, as just one in ten workers happiest in an office environmentOne in four workers (28 percent) would move jobs if they weren’t allowed to work from home, increasing to nearly half (45 percent) of millennial workers. Yet while two thirds of UK employees (65 percent) can work from home, 35 percent are still not given the option of working remotely. Totaljobs’ research revealed that remote working is in the top five most important benefits when looking for a new job, beating perks such as enhanced parental leave, travel allowances and learning and development. One in five workers would pick a job that offered remote working over one that did not when deciding on a new role. Given the choice, two fifths (38 percent) of the UK workforce prefer working from home, a figure that rises to 46 percent of 18-34-year olds as opposed to just 31 percent of over 55’s, clearly showing the popularity of remote working options to the millennial workforce. The flexibility that remote working offers is most appreciated by women, with a quarter (24 percent) preferring the option of working from home or in the office compared to 16 percent of men.

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More than three quarters of British workers have worked whilst genuinely ill in the last year

More than three quarters of British workers have worked whilst genuinely ill in the last year

Employee services business Personal Group and online doctor service videoDoc have published the findings of a survey of 2,496 UK employees on their attitudes and behaviours around work presenteeism and illness in the workplace. The results indicated some worrying trends with regards to the prioritisation of work over health, with the average British worker having worked more than four days whilst genuinely ill in the last year, and over half of UK employees (52 percent) admitting to delaying seeking medical advice because they didn’t want to take time off work. Of those who did take time off work to see a doctor in the last 12 months, 15.7 percent took unpaid leave to do so, 17.5 percent used their annual leave entitlement and 22.4 percent left work early or arrived late – each of which arguably negatively affect both employee wellbeing and organisational productivity.

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New study reveals industries most likely to be subject to digital disruption this year

New study reveals industries most likely to be subject to digital disruption this year

A new survey of British and American IT decision makers claims to reveal which industries are most and least likely to be subject to digital disruption in 2018. The study, Digital Disruption: Disrupt or Be Disrupted (registration required), also claims to identify the qualities of companies most likely to be disruptors, and concludes that cloud technology is the new key to digital transformation. The report, based on interviews with more than 300 respondents in the United States and the United Kingdom found that 50 percent of IT stakeholders think they are leaders and will disrupt, while 50 percent feel they are behind and will be disrupted by the competition in 2018. By industry, more telcos (65 percent) and technology (65 percent) companies predict they will be disruptors, while 17 percent of IT stakeholders working for government and non-profit organisations worry they will be disrupted.

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