Search Results for: business

September 7, 2016

Report published on employing older workers to help close labour gap ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

A new report – published to encourage employers to create more age friendly workplaces – warns of a widening labour gap in the UK. Between 2005 and 2015 the number of people working over the age of 50 in the UK increased by 2.5 million. By 2022, the UK economy will need to fill 14.5 million job vacancies created by people leaving the workforce and by new positions being created; but it is estimated that there will only be seven million young people available to fill them – leaving a labour shortage of 7.7 million people. Yet currently, one million older people who are not in work want to work and if just half of these were to move into employment GDP would increase by up to £88 billion a year. Business in the Community’s new report, Age in the Workplace, supported by the Centre for Ageing Better, advises employers on how to implement practical changes; such as introducing more flexible hours, which will help improve the recruitment and retention of older workers.

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September 7, 2016

Working from home just as unproductive and frustrating as working in an office ⁰

by Mark Eltringham • Flexible working, Knowledge, News, Wellbeing, Workplace design

It’s always good to see academic research supporting ideas that would appear pretty obvious but go against a widely accepted narrative. So we should all welcome the results of a new study from researchers at the London School of Economics and Political Science, which found that the perceived benefits of working from home disappear over time for both employees and organisations when homeworking is a full-time arrangement. The report concludes that while previous studies have demonstrated how home workers are more productive than office-based workers, the LSE study of more than 500 employees shows that on a long term basis, there are no differences between home and office workers. The reason, according to Dr Esther Canonico from LSE’s Department of Management, the lead author of the report, is that employees no longer see home working as a discretionary benefit or a privilege when it becomes the norm in an organisation.

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September 6, 2016

Two thirds of US gig economy workers would choose not to repeat the experience ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

While the number of independent workers in the US gig economy is expected to grow to 54 million people by 2020 and some 40 percent of workers have already experienced it according to MBO Partners: State of Independence in America 2016, a new online poll by Deloitte of nearly 4,000 workers found that 67 percent of those who have worked as an independent contractor would choose not to do so again in future. Additionally, more than 60 percent of employed workers said that their stability would suffer if they moved to independent contract work, and 42 percent worry about sacrificing good compensation and benefits. Four-in-ten respondents (41 percent) recognise that independent contracting offers more flexibility to work where, when, and how they want to as compared to full-time employment. However, respondents cite inconsistent cash flow and lack of employer-paid benefits as drawbacks that discourage them from pursuing independent work.

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September 6, 2016

British workers miss fewer days at work than those in rest of Europe ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

Ayming, a business performance consultancy, has released its 8th absenteeism barometer, analysing workplace absenteeism and employee engagement across Europe. The research claims that UK workers missed fewer days at work last year than anywhere else in Europe, with 84 percent of workers at work each day. That compared to 72 percent in the rest of Europe, including 71 percent in France. By gender, the proportion of women in the UK who were at work every day was 88 percent surpassing that of men (83 percent). Employees aged 26-30 had the lowest attendance record – only 71 percent missed no days at work – while employees aged 51-62 had an attendance record of 92 percent.Despite the fact that UK workers took less time off work, British workers had the smallest proportion of happy and motivated employees, at just 23 percent. By contrast, 46 percent of German and 54 percent of Dutch employees regarded themselves as both happy and motivated.

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September 5, 2016

Mothers with young children a third less likely to be in work than fathers ⁰

by Mark Eltringham • Flexible working, News

The growing body of evidence highlighting the challenges faced by working mothers has been broadened with the publication of a new report from the TUC which claims that mothers with young children are a third less likely to be in work than fathers. The TUC found that on average just 64 percent of mothers with children aged 0-4 are in paid work, compared to 93 percent of fathers. The analysis claims that the age of a woman’s youngest child has an influence on whether or not she works. The employment rate for mums increases by 11 percent to 75 percent for women with children at primary school (aged 5-10) and by 17 percent to 81 percent for mothers with secondary school age children (11+). For dads of pre-school children, employment rates are above 90 percent. This suggests that mothers’ work decisions are affected by regional variations in the availability and cost of childcare, transport and housing, and access to good quality flexible and part-time jobs.

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September 2, 2016

Younger people less keen on recycling at work, especially coffee cups ⁰

by Sara Bean • Environment, Facilities management, News, Workplace

The younger generation have a reputation for being pretty keen on addressing environmental issues, but new data alleges they’re not as open to changing their behaviours. There’s actually a clear generational gap when it comes to attitudes towards recycling at work and it’s the older generation who make more effort, a new survey suggests. It claims that younger people are around 16 percent less likely to recycle at work with just 64 percent of people aged 18-24 prepared to adhere to their employers’ recycling policies. One particular cause of concern is the fact that 2.5 billion coffee cups are thrown away each year, leading the Liberal Democrats to recently call for action to be taken to address the fact that only one in 400 cups are recycled. The survey, which was carried out by commercial waste recycling services provider Direct365, claims that 72 percent of people do actually recycle items at work overall.

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September 1, 2016

One sixth of Australians now work from home mainly to keep up with workload ⁰

by Mark Eltringham • Flexible working, Wellbeing, Workplace

Almost a third (3.5 million) of all employed people in Australia now regularly work from home in their main job or business, according to figures released by the Australian Bureau of Statistics (ABS). “42 per cent of those who regularly work from home cited catching up on work as the main reason,” said Jennifer Humphrys, Director of Labour Market Analytics at the ABS. “A further 20 per cent regularly worked from home because they wanted an office or didn’t want to pay rent or overheads.” This means in effect that one in six Australians now feel unable to complete their work in normal office hours. These were some of the results from the Characteristics of Employment survey, conducted in August 2015, which collected information on the distribution of weekly earnings, working arrangements and independent contractors. “Nearly one in five employed persons usually worked shift work. Of these, two-fifths usually worked a rotating shift, which periodically changed,” said Ms Humphrys.

September 1, 2016

New report sets out four key challenges for the workforce of the future ⁰

by Neil Franklin • News, Wellbeing, Workplace

A new report from The Future Laboratory and UBS Wealth Management claims to identify the key factors that will drive workplace change in the near future. According to The Future of the Workforce report, the next two decades will see the way we work completely reshaped by forces such as artificial intelligence and an increasingly multigenerational workforce. The report claims that the entry of more Millennials into the workplace, their differing values to older workers, a growing propensity to turn freelance and the dissolution of the old bonds of loyalty could mean that employers struggle to create a strong culture. The report also claims that there will be a growing emphasis on the provision of wellness programmes, driven partly by growing demand from employees as well as a greater focus on improving productivity from employers. It also suggests that employers need to act to remove any biases they may have to appeal to the values of the new generation of workers.

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August 31, 2016

Addressing the five negative influences on organisational culture ⁰

by Matias Rodsevich • Comment, Flexible working, Knowledge, Workplace

Organisational culture should represent a clear vision from a firm about its very nature and identity as well as its values. A culture one that everybody within the organisation should understand and share. But this is not always the case as a growing number of firms are discovering to their cost. According to a paper published last year by Deloitte University Press, only 12 percent of employees believe their company is effective at driving their desired culture. Another study from employee feedback software provider Stackhands, around two thirds of people (64 percent) feel they do not have a strong work culture within their organisation. Even so, whether people are aware of it or not, their company has its own culture. Without direction and positive influences, negative factors can take hold, shaping culture in a way that can become harmful for a business. These elements can hinder your company’s development of an effective culture:

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August 30, 2016

Overwork leads to sleeplessness and lower workplace productivity ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

A new study claims that there is a direct link between sleep and productivity. A survey of more than 97,000 employees in 33 industries and 139 countries from Global Corporate Challenge (GCC), found evidence of a link between sleep and performance. Currently, one in three adults regularly fail to get enough sleep, according to the US’ Centers for Disease Control and Prevention (CDC); and Harvard Medical School estimates that the cost adds up to USD $63.2 billion annually. This includes money lost through absenteeism as well as the accidents, mistakes, and impaired productivity employees suffer when they do show up to work. And the one of the primary causes is working long hours and forms of presenteeism such as checking emails at home. To help combat this problem the report urges those at the top of the organisation to set an example and demonstrate that working long hours in exchange for reduced sleep is counterproductive and won’t be encouraged.

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August 26, 2016

Bridging the generation gap is the key to a happier workforce ⁰

by Sara Bean • News, Wellbeing, Workplace

People who work in multigenerational teams are much more engaged and likely to deliver higher levels of customer service a new report suggests. In a survey of over 32,000 of McDonald’s own UK employees, their people who work with a cross-section of ages registered a 10 percent increase in happiness levels compared to those who work with their peer group. With the GCSE results just in, the fast food retailer wanted to gauge attitudes among potential future employees, so McDonald’s UK commissioned a census of 5,000 people representing each of the five working generations. It revealed that adults of all ages are united in wanting to be part of a multigenerational workforce. In fact, the opportunity to work with people of different ages was the top priority for more than half of all respondents (58 percent) and this factor was important for older people born between 1900 and 1964 (67 percent), as well as 16-year olds (57 percent).

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August 25, 2016

Research suggests individual responses to stress at work vary widely ⁰

by Sara Bean • News, Wellbeing, Workplace

No matter how compelling the evidence on the impact of stress at work there are always individuals who dismiss the very idea as self-indulgence. New research suggests this isn’t down to lack of empathy but simply because some people just don’t experience stress the same as others. The survey by the Deloitte Greenhouse Experience team found statistically significant variation in how respondents react to stressors which indicates that workplace stress is relative and not everyone experiences stress in the same way or to the same degree. The majority of respondents reported modest levels of stress. Fourteen percent reported being stressed only rarely and 57 percent reported being stressed sometimes, while 26 percent reported being stressed often, and 3 percent reported being always stressed. Different scenarios were also mooted to identify stress triggers. Making mistakes topped the list of stressors, with 82 percent of respondents indicating errors caused stress.