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Representation of ethnic minorities in UK boardrooms ‘disproportionately low’

Representation of ethnic minorities in UK boardrooms ‘disproportionately low’ 0

Representation of ethnic minorities in British boardrooms 'disproportionately low'

Ethnic minority representation in the Boardrooms across the FTSE 100 and 250 is disproportionately low and does not reflect the ethnic diversity of either the UK or the stakeholders they seek to engage and represent; a new industry-led review has revealed. Given the fact that the UK will be the most diverse country in Western Europe by 2051, with over 30 percent of the population expected to be comprised of people from ethnic minority or migrant backgrounds, each FTSE 100 Board should have at least one director of colour by 2021, and each FTSE 250 Board by 2024. These are the main recommendations of the Parker Review report, Beyond One by ‘21 which found that out of 1,087 director positions in the FTSE 100, only 8 percent of positions are held by directors of colour, of which 1.5 percent are UK citizens, despite the fact that 14 percent of the total UK population is from a non-white ethnic group (up from 2 percent in 1971).

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Corporate responsibility now essential to attract and retain millennials

Corporate responsibility now essential to attract and retain millennials 0

carrotCorporate social responsibility is no longer seen as more than a nice to have, with those working within the built environment for example, appreciating the role it has in reducing greenhouse gases. But it is also being increasingly seen as a positive way of attracting and engaging the right talent. Now according to a new survey carried out in the US, meaningful engagement around CSR is becoming a business – and bottom line – imperative, impacting a company’s ability to appeal to, retain and inspire Millennial talent. Three-quarters (76 percent) of Millennials consider a company’s social and environmental commitments when deciding where to work and nearly two-thirds (64 percent) won’t take a job if a potential employer doesn’t have strong corporate social responsibility (CSR) practices, according to the 2016 Cone Communications Millennial Employee Engagement Study. Because the millennial generation are the most likely to blend their personal and working lives, it’s more important to them than other generations to view their job as a way to make a positive impact on society, the study suggests.

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Lack of flexible working a major reason for junior staff’s discontent

Lack of flexible working a major reason for junior staff’s discontent 0

frown-smiley-faceAs we highlighted last month, it seems that flexible working is becoming the 21st century equivalent of the ‘executive washroom,’ with only the more senior members of staff being afforded that perk. Now a new survey suggests that a lack of opportunity for agile working is one of the reasons why junior members of staff are the least happy people in the workforce. There appear to be a variety of factors contributing to this, including: low pay; individuals feeling overworked yet, significantly, unfulfilled and undervalued and of course the denial of flexible working measures. For Office Genie’s latest research into workplace happiness, UK workers were asked how they felt before and after the working day and junior staff members selected ‘quite negative’ and ‘very negative’ more than any other seniority level. Part of the reason may lie in the fact that 46 percent of junior staff report feeling overworked, however nearly a third admit to not feeling fulfilled (32 percent) or challenged (29 percent).

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Calming office space and flexible hours best ways to combat workplace stress

Calming office space and flexible hours best ways to combat workplace stress 0

Stress in the workplace

More flexible hours, a more caring attitude from management, a welcoming office design and space away from the desk to take a break are much more effective ways to reduce workplace stress than expensive office overhauls or the provision of mindfulness classes, a new survey claims. A study into the measures that help reduce stress conducted by Cascade HR, explored what workers feel bosses can do to reduce their stress levels, and found that introducing flexible working hours (47 percent), early finishes on Fridays (39 percent) and a caring, friendly management style (38 percent) would have the biggest impact. The research also revealed the physical aspects of the workplace which employees believe employers could change or introduce to improve their occupational mental health. In fact, the workplace being clean and tidy was the factor that workers felt could go the furthest to reducing their stress (35 percent), while almost 1 in 3 felt having music playing would help to keep their stress at bay; as would simply having a space away from desks in which to chill out (29 percent) or to eat (27 percent) during breaks.

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Progress towards closing gender pay gap slows around the world

Progress towards closing gender pay gap slows around the world 0

Women across the globe earn on average  just over half of what men earn despite, on average, working longer hours when taking paid and unpaid work into account. The world is facing an acute misuse of talent by not acting faster to tackle this gender inequality, which could put economic growth at risk and deprive economies of the opportunity to develop, warns the World Economic Forum’s Global Gender Gap Report 2016, which is published today. The latest edition of the annual benchmarking exercise that measures progress towards parity between men and women in four areas: Educational Attainment, Health and Survival, Economic Opportunity and Political Empowerment finds that progress towards parity in the key economic pillar has slowed dramatically with the gap – which stands at 59 percent – now larger than at any point since 2008. Aside from salary, another persistent challenge is stagnant labour force participation, with the global average for women standing at 54 percent, compared to 81 percent for men. The UK is ranked 20th overall in the global index and of those countries in Western Europe, the UK falls in the bottom half of the table.  In respect of economic participation and opportunity, the UK is ranked 53.

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Larger employers much more optimistic about post-Brexit outlook than SMEs

Larger employers much more optimistic about post-Brexit outlook than SMEs 0

BrexitA gap is emerging between UK businesses regarding the impact of Brexit, with large businesses significantly more optimistic about the future than their small business counterparts, joint research by NGA Human Resources (NGA HR) and its SMB division, Moorepay suggests. Six in ten (59 percent) respondents working for large businesses expect Brexit to have a positive impact on their business, but only 35 percent of SMBs share this view. In fact, a quarter of (25 percent) SMB employees in the UK actually believe their situation will worsen after the UK has left the European Union. Looking ahead, the majority (79 percent) of larger UK businesses are ready to address the challenges and exploit the opportunities resulting from Brexit, whereas just over half of small businesses (56 percent) feel the same. Asked about their wish list for a post-Brexit economy, all UK businesses agree that access to the single market is the biggest advantage of the EU membership and one that both large businesses (64 percent) and SMBs (54 percent) would like to retain. Additionally, opening up trade to new countries and markets is seen as the main advantage of Brexit for both large (70 percent) and smaller businesses (54 percent), followed by freedom from EU laws and regulations (both 48 percent).

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How tech giant EMC standardised the design and management of its office portfolio

How tech giant EMC standardised the design and management of its office portfolio 0

workplace-insight-imagesThis summer’s headlines have been full of discord, a cacophony of angry voices either directed at continental Europe, or at the Brexiters who voted for Britain to leave the European Union. But EMC, a global leader in information technology-as-a-service which has recently been acquired by Dell, is a leading light of European integration through its One Team approach to workplace management and design across Europe, the Middle East and Africa (EMEA). Over the past three years, the EMC Global Real Estate and Facilities Team (GREF), which supports more than 12,000 people in around 130 office locations across 50 countries in EMEA, has transformed from a group operating independently, to a fully-aligned team which provides a uniform and standardised approach to workplace delivery and management to enable greater business success.

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Millennials have just the same needs for peace and quiet as everybody else

Millennials have just the same needs for peace and quiet as everybody else 0

shhhAsked for the dream millennial workplace, most people would probably envision a brightly coloured open environment with pool tables, bean bag chairs and maybe a small basketball court. But it turns out that young people in the workplace have the same psychological requirements as the old crowd, and may even be more sensitive to distractions. A recent study by Oxford Economics suggests that distractions in the workplace are seriously hindering people’s ability to concentrate and perform, with little recognition from above. The transition to open offices since the end of the 20th century and the environmental factors they bring into play may be affecting people’s mental health, reducing employee happiness and thereby the bottom line of business performance.

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Gartner report identifies the Top 10 strategic technology trends for 2017

Gartner report identifies the Top 10 strategic technology trends for 2017 0

artificial-intelligence-brain-aiA new report from tech analysts Gartner highlights the top technology trends the firm believes will be ‘strategic for most organisations in 2017’. Gartner defines a strategic technology trend as one with substantial disruptive potential that is just beginning to break out of an emerging state into broader impact and use or which are rapidly growing trends with a high degree of volatility reaching tipping points over the next five years. They include artificial intelligence, blockchain, intelligent devices, digital technology platforms and advanced machine learning.

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How and why employee fitness became part of the corporate agenda

How and why employee fitness became part of the corporate agenda 0

employee-fitness-muffin-topsAs the national obesity crisis worsens and a regular flow of statistics inform us that we’re a nation in trouble, with no demographic escaping the threat, we seem to have become obsessed with how fit or unfit we are. This is reflected in our growing interest in how many calories we consume and how much exercise we manage – right down to how many steps we take a day. No surprise then that this interest has started to manifest itself in the workplace where employee fitness appears to be an issue addressed in the boardroom. Last year, research carried out by The Workforce Institute at Kronos revealed that almost 75 per cent of workers (a total of 9,000 were questioned) believe that wearable technology, designed to capture vast amounts of biometric data and manage health risks, could lead to increased efficiency and productivity in the workplace. Measuring levels of physical activity is but a small part of the obsession with health and well-being which has infiltrated the workplace overall. There is also physical evidence, from the desks that we sit at to issues of bicycle storage and showering facilities, that we are mindful of our health.

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New BIM initiative announced as report slams dysfunctional construction sector

New BIM initiative announced as report slams dysfunctional construction sector 0

slide-image-3Digital Built Britain, the latest stage of the UK’s BIM Task Group programme, has officially been launched at the ICE BIM 2016 conference by Mark Bew, chair of the BIM Task Group. The launch comes in the wake of the publication of the Government commissioned Farmer Report into the state of the construction industry which laid out in stark terms the structural problems that suggest the sector risks terminal decline without innovation and cultural change. The report, subtitled Modernise or Die, suggests that the UK’s construction industry faces ‘inexorable decline’ unless longstanding problems are addressed. In particular, the review highlights the sector’s dysfunctional training model, its lack of innovation and collaboration, and a non-existent research and development (R&D) culture. First announced in the 2016 budget, Digital Built Britain aims to deliver reductions in the whole-life costs and carbon emissions of buildings, while improving productivity and capacity by using intelligent building information models, sensing technology and secure data and information infrastructure.  Digital Built Britain will also continue the work of the BIM Task Group programme, set up in 2011 to deliver a projected 20 percent saving on the costs of major projects.

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Fifth of UK staff say stress at work negatively impacts their health

Fifth of UK staff say stress at work negatively impacts their health 0

Stress at workOne in five people say their workload as having a negative impact on their health. Respondents to a survey of 2,000 UK workers state their jobs have caused them to suffer from depression and other stress-related illnesses. The research, commissioned by staffing app Coople, and carried out by OnePoll, claims that 30 per cent of respondents said work has made them unhappy and stressed, while more than a quarter (26 per cent) say their job causes arguments with their partner – 8 per cent of which say work has been the major factor in the breakdown of their relationship. Over half of those polled (51 per cent) have attributed a lacklustre social life to their work commitments; with 28 per cent working late, 18 per cent responding to emails out of hours and 10 per cent picking up calls outside of their hours.

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