Search Results for: business

Two new reports highlight potential benefits of flexible working for women

flexible working womenTwo new reports published this week highlight the potential benefits of flexible working for both employers and staff, especially women. According to a Workingmums.co.uk Best Practice Report, only 36 percent of employers have a flexible working policy despite over half thinking it improves retention, particularly of women, and over a third saying it makes people more efficient. Meanwhile, a study from the TUC claims that around half of the net growth in female employment in 2014 came from women moving in to lower-paid part-time jobs. The analysis claims that while full-time employment accounted for all of the net growth in male employment last year, for women full-time employment accounted for just 47 per cent of net female jobs growth. The TUC also claims that women who moved into part-time jobs during 2014 were typically employed on much lower rates of pay than those in full-time work.

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How a big, stupid idea can be more attractive than a small, effective one

We’re going to be hearing a lot of big ideas over the next few weeks. Politicians will be sharing their ‘visions’ with us and letting us know exactly how ‘passionate’ they are about them and anything else Twitter tells them we care about. It’s going to be boring and infuriating, but we only have ourselves to blame. We fret when politicians don’t give us a handy label on which we can rest our hopes or lay the blame, depending on whether we agree with whatever the big idea is or not. Of course, David Cameron’s vision of choice when he became Prime Minister in 2010 was The Big Society. I won’t get into the rights and wrongs of that but I think we can all agree that The Big Society has been kicked unceremoniously into The Long Grass and we won’t be hearing much about it in the build up to this year’s General Election. Nor will we be hearing much about another of David Cameron’s pet projects even though that has actually gone on to be something of a success.

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Some improvement but levels of engagement remain low in US workplaces

disengagementAccording to a new poll from Gallup, the proportion of US workers engaged in their jobs rose from an average 31.7 percent in January to an average 32.9 percent in February. The latest monthly rate of employee engagement is the highest Gallup has recorded in three years and is 1.5 percent higher than for the same period last year.  The study is based on Gallup Daily tracking interviews conducted with around 6,000 employees. Gallup categorises workers as more or less engaged or disengaged based on their responses to key workplace metrics that the pollster claims predict important organisational performance outcomes. With a third of US employees engaged at work – a figure that has remained consistent over the last three years – February’s data also showed that half (50.3 percent) of employees are not engaged and 16.8 percent are actively disengaged at work.

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Third of Millennials more engaged by contributing to company vision than a high salary

Third of Millennials more engaged by contributing to company vision than a high salaryThe younger generation of workers say high visibility and the chance to help influence the workplace culture is of much more importance than the size of their pay packet. When asked by US-based firm Futurestep what matters most to them as employees, the greatest number of Millennial respondents – those born after 1980 – (23%) said it was “the ability to make an impact on the business,” followed by “a clear path for advancement” (20%) and “development and ongoing feedback” (16%). Income came in at fourth place at 13 percent. When questioning what makes Millennials choose one job over another, more than a third (38%) said “visibility and buy-in to the vision of the organization” while 28 percent said “a clear path for advancement.” “Job title and pay” came in third place at 18 percent.

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Majority of UK workers concerned about their ability to retire

Man-with-empty-pockets-006A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

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The financial services sector leads the way in how we think about office design

Office design and the cityThe office as we know it may continue to change, but that doesn’t mean its vital role at the heart of the organisation will diminish. The recent downturn meant some tough decisions had to be taken by many companies. It certainly focussed more attention on the way firms design and manage their workplace, based on a clear understanding of their economics. It is one of the most commonly cited truisms about office design that after staff, buildings are easily the second highest item of expenditure for the majority of organisations. The conclusion often drawn from this is that there is a compulsion to reduce space through new working practices or more efficient office design and management. Which may be true but the challenge is to take advantage of these opportunities without adversely affecting the company’s most expensive and valuable asset; its staff.

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Government makes public sector work more attractive and accessible for SMEs

public sector procurementThe latest changes to public procurement regulations in the UK have now come into force, which the Cabinet Office claims will make it easier for businesses to win government and other public sector contracts. The new regulations have a particular focus on making work more accessible and attractive for small and medium sized enterprises. The key reforms which came into force on the 26 February include the abolition of a pre-qualification stage for procurements below the EU thresholds and a requirement to take account of guidance on qualitative selection issued by the Cabinet Office for above EU threshold; the requirement for contracting authorities to insert provisions in all public contracts to ensure prompt payment through the supply chain; and the requirement to advertise as many public sector opportunities in one place (Contracts Finder), and to publish award notices for contracts and call-offs from framework agreements.

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Report exposes myths and uncomfortable truths about Generation Y

Multi-generational workplace generation YA new report from IBM proves what we at Insight have been arguing for some time; Millennials have some differences to previous generations of employees, but ultimately they have more in common than most commentators acknowledge and their impact on a multi-generational workplace has been completely misrepresented. While the report, Myths, Exaggerations and Uncomfortable Truths, acknowledges Gen Y’s different experience of the digital world, it also demonstrates what we would suggest has been obvious all along; that unless Generation Y has arrived from another planet, it will share many of the strengths, weaknesses, drives, fears and abilities common to other demographic groupings. The study of 1,784 employees from organisations in 12 countries challenges many of the key myths about Generation Y and also lays out a number of ‘uncomfortable truths’ for employers.

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Employers embrace mobile workforces but retain traditional workspaces

Employers are embracing mobile workforces yet retaining traditional workspacesNearly three quarters of employers that offer staff the opportunity to work flexibly are failing to reorganise their workplaces to reflect the new ways of working. Research commissioned by US based AV company Barco, found that while 86 percent of organisations indicated a remote working approach was being used within their business; rather than using this policy to reduce desk space, 73 percent of organisations admitted they still had allocated desks. This is despite the fact that the top three drivers for unifying communications are to increase productivity (51%), reduce costs (44%), and increase collaboration (27%). And though the BYOD trend is continuing, with half (50%) saying personal laptops and personal tablets (45.2 %) are being used in the workplace; 82 percent of those surveyed said that laptops are still company issued.

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Over half of employers reject mandatory quotas for women on boards

Over half of employers reject mandatory quotas for women on boardsThe Women on Boards review published by Lord Davies in February 2011 looked at the obstacles that prevent many women from reaching senior positions in business, such as FTSE 350 corporate boards; and set a target of 25 per cent of board positions being held by women by 2015. As the anniversary of the report approaches, new research by the CIPD, business leaders and Business and Women & Equalities Minister Jo Swinson MP, has revealed resistance to the idea of mandatory female quotas as mooted by some EU members, with over half those polled suggesting that the government should instead set a more ambitious voluntary target to improve gender diversity in boardrooms post-2015. Two thirds of respondents said that an open and supportive culture that encourages gender diversity would be a more effective way of improving gender diversity at board level.

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Leading role for property sector in promoting ‘green infrastructure’ says UK-GBC

Key role for property sector in promoting 'green infrastructure' says UK-GBCThe property industry can play a leading role in protecting and enhancing national features and biodiversity. That is according to a new report by the UK Green Building Council Task Group which presents the business case for “green infrastructure”, the term used to describe natural and semi-natural features ranging from street trees and roof gardens to parks and woodland. Demystifying Green Infrastructure finds that introducing green infrastructure into the built environment offers a range of business opportunities, including an increase in the value of land and property, as well as social and environmental benefits. Aimed primarily at developers and occupiers, the report also identifies risks from failing to incorporate adequate green infrastructure into projects, such as delays in planning, increased costs and reputational damage.

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Government making progress in flexible working and green tech

flexible workingThe Government has published the latest edition of its ‘Greening Government ICT Strategy’ report, which looks at how central public sector bodies in the UK are addressing environmental issues directly associated with hardware as well as related issues such as travelling to work, the use of property, working cultures and the delivery of services. For the first time the report includes details of energy consumption. The main commitments of the strategy are the ongoing shift to cloud based ‘digital by default’ operations and a focus on the flagship the Way We Work (TW3) flexible working programme which aims ‘to ensure that civil servants have the modern tools they need to enable them to work effectively together and with customers. New greener digital technologies and working practices will help do just that.’

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