Search Results for: change

New report challenges idea that productivity has no link with income

New report challenges idea that productivity has no link with income

A new IZA World of Labor report published today suggests that workers’ effort may be more responsive to wage incentives and therefore the efficiency costs of progressive labour income taxation larger than previously thought. A fundamental question in economic policy is how labour supply responds to changes in remuneration. The responsiveness of labour supply determines the size of the employment impact and efficiency loss of progressive income taxation for example. The economist Tess Stafford of the University of New South Wales, Australia, summarises a number of recent studies of independent contractors’ labour supply which confirm a key prediction of economic theory: workers work more (in fact, quite a bit more) when earnings are temporarily high.

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New report puts the case for FM contribution to sustainability

New report puts the case for FM contribution to sustainability

New report puts the case for widening FM contribution to sustainabilityA new report has been published which argues that FM has the power, and responsibility to contribute towards social, economic and political betterment, but to do so the sector needs to be more explicit in the value it offers. Sustainability in facilities management: A Holistic View’ from Active Workplace Solutions claims to explore sustainability within the built environment, analyses how the facilities management (FM) sector can impact wider environmental, social and economic goals and build a holistic strategic picture of sustainability. More →

Reducing commuting times could drastically reduce CO2 emissions

Reducing commuting times could drastically reduce CO2 emissions

A decrease in commuting times in the UK will reduce levels of carbon dioxide by 7.8 million tonnes per year by 2030, according to a new study by Regus. The economic study, carried out by independent researchers, found that if the growth in flexible workspace continues to increase, commuters in the country could save 115 million hours of commuting time per annum by 2030 from a turn to flexible working. Meanwhile, the nation which would see the largest annual carbon emission saving by 2030 is the United States. It is predicted to save nearly 960 million hours in commuting time, and with US commuters relying heavily on cars, this time saved translates to over 100 million tonnes of CO2.

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Many of Europe’s small firms to reinvent businesses over next five years

Many of Europe’s small firms to reinvent businesses over next five years

Europe’s small and medium sized businesses are fundamentally re-evaluating their market offerings as they aim to keep pace with consumers’ demands in the digital age. According to new research commissioned by Ricoh Europe (registration required), a quarter (24 percent) of the 3,300 business leaders surveyed from across 23 countries expect to sell entirely different products and services within the next five years.

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Just a quarter of workers think #MeToo has permeated workplace culture

Just a quarter of workers think #MeToo has permeated workplace culture

Just a quarter of workers think #MeToo has affected workplace cultureOne year on from #MeToo – just one in four workers agree that international media coverage has helped to improve their workplace culture, according to new research on sexual harassment from Acas. The workplace experts commissioned the study from YouGov to find out whether media reporting on #MeToo and high-profile celebrity cases have had any effect on British workplaces. Only a third (30 percent) of survey respondents believe that incidents of sexual harassment in workplaces have decreased in the last five years. More →

Workers waste too much time in poorly designed offices

Workers waste too much time in poorly designed offices

Workers waste more time in poorly designed offices

One in five UK workers has around two unproductive hours every week caused by poor or inadequate office and work environments, claims new research published today. Disruptive colleagues, no natural light, a lack of coffee and tea facilities and noisy offices are just a few factors cited in the report from Mace and its facilities management arm Mace Macro. Across the whole of the UK the average number of hours lost to unproductive workplaces is 2.4 hours a week, and using Office of National Statistics value of time data, this translates to a cost of £4bn in lost output every year to the UK economy. More →

Poor mobile coverage in commercial buildings is jeopardising business

Poor mobile coverage in commercial buildings is jeopardising business

Poor mobile coverage in commercial buildings is jeopardising businessesThe majority (89 percent) of employers say in-building mobile coverage is important to their business, but only 17 percent of businesses have full bar indoor mobile coverage, claims a new report. ‘Building Connections’, commissioned by Vilicom argues that as 78 percent of adults own a smartphone and check it every 12 minutes on average, and with the number of UK landlines falling 35 percent from 10m in 2010 to 6.4m in 2017, a lack of mobile coverage seriously threatens productivity, revenue, damage to reputation and customer satisfaction for organisations of all kinds.

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UK on target to reach one million women working in STEM fields by 2020

UK on target to reach one million women working in STEM fields by 2020

According to new research by WISE, the campaign for gender balance in science, technology, engineering and mathematics (STEM), the UK is on track to have one million women working in core STEM roles by 2020. The research shows that there are over 900,000 women working in STEM currently and an estimated 200,000 women with STEM qualifications will reach working age within the next 2 years. The news was announced at WISE 2018 Awards presented by the Patron of WISE, HRH, The Princess Royal.

 

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Employers urged not to think of mental health as a minority issue

Employers urged not to think of mental health as a minority issue

Employers urged not to think of mental health as a minority issue

Following the call yesterday by business leaders for the mandatory provision of mental first aiders at work, new research claims many more workers are affected by mental ill health than usual estimates. Instead of a perceived one in four people affected by mental health, according to the results of new research from Accenture, nine out of ten workers (90 percent) are touched by mental health challenges. Two-thirds (66 percent) have personally experienced mental health challenges and even more — 85 percent — say someone close to them such as a family member, close friend or colleague had experienced them. More →

Business leaders call for legislation ensuring compulsory mental first aid at work

Business leaders call for legislation ensuring compulsory mental first aid at work

Business leaders call for legislation to establish mental first aid at workBusiness leaders have called today for the Government to update health and safety legislation to protect mental health in the workplace. In an Open Letter to the Prime Minister signed by more than 50 leaders of some of Britain’s biggest employers including PwC, Royal Mail, WHSmith, Mace, Ford and Thames Water calls on the Government to prioritise its manifesto pledge to amend health and safety legislation to put mental and physical first aid on an equal footing. With mental health issues estimated to cost the UK economy almost £35 billion every year as 15.4 million working days are lost to work-related stress, depression or anxiety the letter, signed by the Chairman of Mental Health First Aid England and the CEO of Bauer Media Group, along with leaders of some of the UK’s biggest employers, are asking that workplaces are required to make provision for mental as well as physical first aid.

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A cheap day return to Farringdon, please

A cheap day return to Farringdon, please

Timing is everything. Re-launching a professional body while the country’s politics unceremoniously implode could not have been foreseen, but the vacuous space was full of the registered and invited, many with a trail of string going back a few decades or more. What a lovely gathering of old friends it was. On Monday 12th The BIFM formally changed its name to the Institute of Workplace and Facilities Management. This event was to reveal the new creative collateral and celebrate the optimism/excitement/apprehension (delete as applicable).

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Teams collaborate more effectively when they break off constant contact

Teams collaborate more effectively when they break off constant contact

Despite the understandable impulse organisations have to encourage people to be in constant communication with each other, teams often get better results when they collaborate only intermittently, according to a report How Intermittent Breaks in Interaction Improve Collective Intelligence, written by Ethan Bernstein, the Edward W. Conard Associate Professor of Business Administration at Harvard Business School; Jesse Shore, assistant professor at Boston University’s Questrom School of Business; and David Lazer, professor at Northeastern University.

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