Search Results for: business

October 7, 2015

Why Jeremy Hunt is wrong about the need to work long hours ⁰

by Mark Eltringham • Comment, Flexible working, Wellbeing, Workplace

This week the UK’s Health Secretary found himself at the centre of a storm because of some comments he’d made suggesting that eroding one of the UK’s welfare platforms would encourage people to work as hard as the ‘Chinese and Americans’. Most of the backlash against these comments was political, so make your own mind up on that score, but they don’t stack up from a practical point of view either. The British already work some of the longest hours in Europe so encouraging people to work more will do little or nothing to resolve the productivity puzzle, as a 2014 report from the Bank of England confirms. Of course, we should all have worked out by now that long hours and productivity are not the same thing. It’s been a longstanding issue in the UK where people manage to combine some of the longest working hours in Europe with levels of productivity that fall habitually behind those of our partners on the mainland.

October 7, 2015

Millennial workers value variety over job security and tenure ⁰

by Sara Bean • Flexible working, News, Workplace

Employers may continuously be looking at ways to engage staff to ensure they still loyal to the organisation, but according to new research it seems they needn’t bother. Over one third (37 percent) of US workers — regardless of their satisfaction level — are seriously considering leaving their organizations, up from 33 percent of the workforce who were considering leaving in 2011. According to Mercer’s latest Inside Employees’ Mind research, which surveyed 3,000 people representing a complete cross-section of the US workforce, nearly one out of two employees who said they are very satisfied with their organizations and their jobs (45 percent and 42 percent, respectively) are still looking to leave. And perhaps unsurprisingly, it’s the Millennial workers who seem to value accelerated career paths and diversity (in the workplace and the work itself) over job security and tenure.

October 6, 2015

Apple agrees deal for new tech palace and campus in California ⁰

by Mark Eltringham • Architecture, News, Property, Technology

According to a report published in the Silicon Valley Business Journal, Apple is planning to add another tech palace to run alongside its Norman Foster designed campus in California. This time Apple is not commissioning a purpose made building but is buying one off the shelf, albeit one marked ‘exactly the sort of place Apple would occupy’. The HOK designed Central and Wolfe campus in Sunnyvale will house 3,000 employees in three connected six storey offices set in landscaped grounds that include walks, bike paths and retail and leisure facilities. The campus is designed to achieve a LEED Platinum accreditation so includes green roofs, solar panelling and water reclamation technology. According to the report: “The campus promises to dramatically alter a neighborhood dominated by single-storey industrial and R&D buildings. While Apple has been snapping up existing buildings all over the neighborhood, the massive new campus could become a new icon for the region.”

October 6, 2015

Commercial property markets in world cities are evolving rapidly ⁰

by Mark Eltringham • Cities, News, Property

The commercial property markets in the world’s major cities are evolving against a backdrop of ongoing economic and political uncertainty, according to the new 12 Cities Report from Savills. The authors suggest that the main consequence of this since 2008 has been for investors to switch their focus from paper assets to property. This in turn has led to a number of developments in local commercial property markets including global investors looking for alternatives to the major cities within key national economies. One of the key developments is that major tech firms are now willing to spend as much on their real estate as the previously dominant financial giants. One other interesting issue raised in the report is the growing inability of people to afford to live and work in the same place, especially in cities with restrictions on the amount of space available for development.

October 6, 2015

Colleagues more positive towards older workers than employers ⁰

by Sara Bean • Legal news, News, Workplace

While the majority of UK professionals believe older workers make a valuable contribution to UK businesses, many struggle to find new employment, a report has found. The study from CV-Library found that 92.2 percent of workers believe older workers make a valuable contribution to UK businesses, 76.6 percent of staff believe that older workers bring years of experience and knowledge to an organisation that can’t be found in a younger worker and 92.7 percent of workers believe the mature staff should still be able to excel in the workplace. Yet although they received an overwhelming sense of respect from the UK workforce, it seems that the same regard for older workers is not echoed by employers. When asked to explain key issues on age in relation to work, seeking new employment was the most common concern, with almost half (46 percent) of 55-64 year olds considering age to be a hindrance.

October 1, 2015

Employers plan to woo returning mothers with flexible working ⁰

by Sara Bean • Flexible working, News, Workplace

A fifth of UK businesses are planning to hire more returning mothers than they did a year ago, and are offering flexible working to attract them. New research from Regus claims returning mothers are valued by businesses because of their experience and skills, as well as reliability and time management. They are seen as less likely to change jobs, saving firms the cost of recruitment and re-training. Because the contrasting demands of motherhood and work are one of the main reasons women don’t return to work, respondents emphasised the important role flexible working plays in attracting female talent; with 81 percent believing that flexible working is key to attracting and retaining women. These workers are also valued for their experience and skills according to 73 percent of respondents and are seen as more reliable (24 percent) and organised (29 percent) than other staff.

September 30, 2015

Sales of tablets will go into reverse next year, claims new report ⁰

by Neil Franklin • News, Technology, Wellbeing

A new study from US based technology research organisation ABI Research claims that sales of tablets as well as their worldwide user base will start to shrink next year for the first time. According to the study, the global installed base of tablets will recede as shipments of large slate devices continue their decline as users switch their preference to larger smartphones. While sales of tablets enjoyed consistent growth between 2010 and 2014, the report claims that buyers are looking to replace this generation of products and are discovering that they can enjoy much of the same functionality thanks to the growth in popularity of smartphones with larger screens and a broader range of software and apps. Small businesses, meanwhile, are increasingly attracted to hybrid laptops as a replacement for tablets. According to the study, usage of tablets worldwide will peak at the end of this year.

September 30, 2015

Human error remains the leading cause of data loss for UK organisations ⁰

by Neil Franklin • News, Technology

New research suggests that human error is still the leading cause of data loss for UK organisations. According to the study from technology security firm Databarracks, based on responses from 400 IT decision makers, around a quarter (24 percent) of organisations admitted to a data loss caused by a mistake by employees over the last twelve months. Other high-scoring causes of data loss included hardware failure (21 percent) and data corruption (19 percent). Perhaps surprisingly, only a little over half of respondents (55 percent) had a specific disaster recovery plan in place and another 15 percent intended to create one over the next twelve months. This is in spite of the fact that a quarter (25 percent) of those surveyed admitted they had been subject to a cyber attack in the preceding year. As we reported this week, such attacks now cost the UK some £200 billion each year.

September 30, 2015

Case studies illustrate key role of HR in transformational change ⁰

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

A growing understanding of the importance of breaking down silos between workplace disciplines has resulted in initiatives such as the launch of the Workplace Conversation. Now a new report from the CIPD and the University of Bath, features four change management case studies that demonstrate what can be achieved when HR becoming an integral part of the team responsible for designing and implementing all the processes required during periods of transformational change. The report, Landing transformational change: Closing the gap between theory and practice features BBC Worldwide, HMRC, News UK and Zurich UK Life and reveal that in all these cases, the HR function was most successful when it facilitated action, enabling managers to inject their own customisation to suit the needs of their divisions, rather than adopting a more centralised approach to implementing change.

September 30, 2015

Majority of people believe employers should publish gender pay gap ⁰

by Sara Bean • Legal news, News, Workplace

Over half of respondents to a new report into the gender pay gap are doubtful that men and women working at the same level or doing similar work earn the same – even though unequal pay is unlawful. Most of those who took part in the survey believe that employers should publish not only their overall gender pay gap but also pay data broken down by grade and job type. The new report by Business in the Community found that closing the gap matters to employees and its extent may impact how people feel about their employer, with respondents saying they may use publicly available data to inform decision making about their career. However, they would not act impulsively – instead employees want to discuss the pay gap openly with their employer, understand its causes and find out what action their employer is taking.

September 29, 2015

Generation Z is the smart generation that will redefine work, claims report ⁰

by Mark Eltringham • Facilities management, Knowledge, Property, Wellbeing

The trade association BSRIA has launched a White Paper called Products and Systems for Generation Z in Reduced Carbon Buildings to explore the future needs of buildings designed for what it calls the ‘smart generation’. It considers ways in which the value of buildings might be improved in order to raise productivity and wellbeing for occupiers and at the same time generate new revenue streams for suppliers. Authored by Jeremy Towler and based on data collected in March of this year, it suggests that Generation Z are the “first tribe of true digital natives” and are ‘smarter and more prudent than Generation Y. They are empowered, have more job choices, seek freedom of movement and flexible working policies. They are the ‘see it – want it’, ‘touch it – get it now’ generation.’ The report claims this will define their relationship with work and drive demand for flexible working and on-demand offices.

September 29, 2015

Fifth of employers not productive enough to afford Living Wage warns CIPD ⁰

by Sara Bean • News, Technology, Workplace

Although the UK has experienced two years of solid economic growth, a fifth (21 percent) of organisations are still stuck in survival mode and aren’t making the necessary investments in equipment or people to boost their productivity a new report from the CIPD has revealed. A further 29 percent of employers are failing to get the right balance between investment in their workforce and investment in technology and equipment. Investing in Productivity found a clear link between an organisation’s mindset and its approach to investment, which could help to explain the UK’s poor productivity performance in recent years. The CIPD’s chief economist Mark Beatson warns that too many businesses are being held back by an ‘ambition ceiling’ which is preventing them from making the productivity gains needed to achieve business growth and implement the new National Living Wage without risk of job cuts.