Search Results for: change

MPs back plan to increase gender diversity in business

MPs back plan to increase gender diversity in business

MPs back new measure to increase gender diversity in business

A majority of MPs have backed a recommendation to increase gender diversity in business by extending the “Women in Finance Charter” to cover all businesses in the UK. The recommendation comes from the professional accountancy body AAT (Association of Accounting Technicians). The Charter asks financial services firms to commit to implement four key industry actions; to have a named senior executive responsible and accountable for gender diversity and inclusion; set internal targets for gender diversity in senior management positions; publish progress annually and ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity. (more…)

Nowy Styl acquisition of Kusch+Co latest sign of changing office furniture sector

Nowy Styl acquisition of Kusch+Co latest sign of changing office furniture sector

The Nowy Styl Group, a European manufacturer of office furniture has acquired the German family company Kusch+Co, a manufacturer and distributor of commercial furniture. It is the latest sign of change and possible consolidation in the global office furniture sector which has seen Steelcase acquire Orangebox as firms seek to expand their offering and market penetration. The trend is also evident elsewhere in the supply chain as shown by ByBailey’s merger with Insidesource and the creation of The United Workplace by Fourfront Group and partners around the world.

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Shortlist for Business Book Awards features more on workplace and wellbeing than ever before

Shortlist for Business Book Awards features more on workplace and wellbeing than ever before

This year’s shortlist for the Business Booko Awards features more books than ever on wellbeing and happiness in the workplace as well as career self-development,  company culture and business ethics. A record number of women authors have also made the shortlist. (more…)

Only a quarter of women and minority employees believe they benefit from corporate diversity programmes

Only a quarter of women and minority employees believe they benefit from corporate diversity programmes

Investment in diversity programmes has become commonplace: 98 percent of companies offer such programs. But that investment is falling far short of the mark: three-quarters of employees in diverse groups—women, racial/ethnic minorities, and those who identify as LGBTQ—do not indicate that they have personally benefited from their companies’ diversity programmes. This is one of the findings of Fixing the Flawed Approach to Diversity, a report from Boston Consulting Group (BCG). The report claims that a key impediment to progress is that older men (age 45 or older), who often lead decision making within corporate environments, are underestimating the obstacles in the recruiting, retention, and advancement of female and minority employees by 10 percent to 15 percent, as measured by comparison with the estimates of members of those actual groups: women, people of colour, and LGBTQ employees. This can lead to a misallocation of resources and a lack of investment in programs that could otherwise have the largest impact.

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Demand for office space in Edinburgh city centre augmented by a lack of supply

Demand for office space in Edinburgh city centre augmented by a lack of supply

Mint building: Demand for office space in Edinburgh city centre augmented by a lack of supplyAn acute lack of supply in Edinburgh’s city centre will push up office rents to over £35 per sq ft in 2019 according to the latest estimates by Savills, which suggests that rental increases and lack of supply may cause certain organisations to consider opportunities on the city’s western periphery. The latest research from the firm shows office take-up in Edinburgh in 2018 totalled 950,000 sq ft – 18 percent ahead of the 10-year annual average – as the city continues to see robust levels of demand from across a number of key sectors and a continued focus amongst occupiers on the city centre. However, despite strong occupier demand, there was a decline in office take-up in 2018, compared to 2017 (1.04 million sq ft) which the firm attributes to a lack of good quality, city centre office supply. Edinburgh’s city centre office availability has been reducing since 2012 and take-up activity during 2018 has seen the majority of new developments being wholly or partially pre-let. This lack of supply is forcing an increasing number of occupiers to re-gear leases on existing offices against a lack of alternative options.

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Mandatory reporting of ethnicity pay gap could be ‘counterproductive’ if not done right

Mandatory reporting of ethnicity pay gap could be ‘counterproductive’ if not done right

Reporting ethnicity pay levels could be ‘counterproductive’ if not done right

There is a ‘significant risk’ that the reporting ethnicity pay levels could be ‘counterproductive’ unless key differences between it and gender pay are recognised, said the Institute for Employment Studies (IES) in its response to the UK Government’s consultation on ethnicity pay reporting. Although the IES supports the government’s proposals to introduce mandatory reporting of ethnicity pay gap information, it suggests that cultural and practical barriers to collecting and reporting ethnicity data are greater than for gender pay. More time and greater government support are therefore needed to prepare for these changes. The consultation response voices specific concerns that measures to increase the recruitment of under-represented groups, for example through apprenticeships or paid internships, could serve to widen pay gaps initially. This could inadvertently discourage employers from taking positive action to improve their ethnic diversity. Reporting arrangements therefore need to also take account of changes in the levels of employment participation for different ethnic minority groups, as well as their pay.

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The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

If it makes you feel better about Blue Monday (today – ‘officially’ the year’s glummest day), it also marks the closure of the Predictions Window in my view. If somebody still has an unpublished list of forecasts for the coming year on their specialist topic, they’ve missed their chance. At least with us they have. But not to worry, there’s a good chance they can trot most of them all out again next year and they’ll be just as relevant. Anything else can be quietly dropped.

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Government and employers unite to kick-start stalled flexible working 

Government and employers unite to kick-start stalled flexible working 

The Flexible Working Task Force, a partnership across government departments, business groups, trade unions and charities, has today launched a campaign to increase the uptake of flexible working.  Members of the task force are collectively using their ability to reach and influence hundreds of thousands of employers to encourage them to advertise jobs as flexible by using the strapline Happy to Talk Flexible Working in their job advertisements, regardless of level or pay grade.

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Overwhelming majority of workers have changing workplace expectations

Overwhelming majority of workers have changing workplace expectations

New research from Aon claims that 97 percent of employers agree that employees’ expectations of their experience in the workplace are changing. Aon’s Benefits and Trends Survey 2019 (registration required) suggests that employers are saying that employees’ top priorities now include flexible working hours, agile working, mental health, diversity and inclusion and parental leave. Aon’s Benefits and Trends Survey, now in its ninth year, is formed from the responses of over 200 employers of all sizes, including those with fewer than 100 employees to many thousands, who work across a broad range of sectors, with 75 percent of them working internationally. This year, a number of new questions were introduced, including changing workforce demographics, to support employer benefit strategies and provide industry analysis.

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Essay collection challenges the cliches about the future of work

Essay collection challenges the cliches about the future of work

The RSA Future Work Centre has published a new essay collection which it claims presents fresh perspectives on the future of work. The report claims that there are four basic problems with the mainstream narrative about work: that there is a fixation with certain technologies, especially artificial intelligence and robotics; that this in turn leads to a distorted perception of the effects of technology; that this analysis ignores reality in favour of potential; and that technological change does not take place in a vacuum and has a number of knock-on effects that aren’t always considered. Worth noting that the authors of the essays are predominantly academic and the report focuses almost exclusively on the effects of technology.

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Disability and age discrimination are top concerns for UK employees

Disability and age discrimination are top concerns for UK employees

Disability and age discrimination are top concerns for UK employees

More than half of employees say the inclusion of disabled people is an area that requires the greatest improvement within their organisation; with the diversity of age groups coming in a close second at just under half. This is according to the latest findings from Wildgoose’s Diversity and Inclusivity in the Workplace survey. The results suggest a shift in the areas that employees prioritise when it comes to creating a diverse and inclusive workplace and raises the concern that dual discrimination based on disability AND age is common practice in the workplace. Other significant findings from the research show that nearly half (47 percent) of male employees don’t consider the gender pay gap to be a major issue, in comparison to the three quarters of females that do; a statistic that is particularly concerning given the recent publication of major organisations’ gender pay gaps and continued media coverage of the issue. Interestingly, the gap between men and women narrows when it comes to equal promotional opportunities.

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Digital transformation and an uncharted future for workplace design in 2019

Digital transformation and an uncharted future for workplace design in 2019

In some way, humans have touched every single thing on this planet. We’re stepping into unknown territory. We’re changing everything. Think about that. Now, think about digital transformation. New technologies are changing how we interact with our environment, how we work, how we play and how we live. Tech tools are being more readily adopted as they get better and more accessible and, as a result our attitudes about them are changing. These are big ideas. And, they are rapidly changing our work and the domain of workplace design around the world. (more…)