Search Results for: diverse workforce

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 →

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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The best office designs of 2018, the future of work in 2019, and some other clickbait

The best office designs of 2018, the future of work in 2019, and some other clickbait

This week’s beachcomb of the best workplace stories is brought to you in the wake of the first flood of retrospectives and predictions that wash up in the media at this time of year. The first piece of flotsam [sound of a metaphor snapping] is Dezeen’s listing of the world’s best office designs of 2018, which appears to be based on the answers to three questions. Is it a coworking space? Does it look like an office? Is there anybody actually working there? Answer yes, no, no to those three simple questions and you’re in the frame.

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Seven reasons why this will not be the office of the future

Seven reasons why this will not be the office of the future

At this time of year, it seems like we don’t have to wait more than a few hours before some or other organisation is sharing its prognosis about how we will be working in the future. The thing these reports usually share in common, other than a standardised variant of a title and a common lexicon of agility, engagement and connectivity, is a narrow focus based on their key assumptions about what the office of the future will be like. While these are rarely false per se, and often offer valuable insights, they also frequently exhibit a desire to look at only one part of the great workplace elephant. While the more informed reports make excellent points and identify trends,  across most there are routine flaws in thinking that can lead them to make narrow and sometimes incorrect assumptions and so draw similarly flawed conclusions. Talk of the office of the future tells us rather a lot about how we view offices right now.

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The war for talent is over and we need to face up to new opportunities and challenges

The war for talent is over and we need to face up to new opportunities and challenges

The ‘War for Talent’ is a concept which has dominated the industry for the last twenty years and has shaped how many organisations view talent acquisition around the world. But perhaps this war is already over. As initially reported by McKinsey & Company in 1998, the war for talent explored the challenges businesses face when attracting, retaining and developing talent. While talent acquisition is a fundamental foundation for any business looking to grow, after twenty years, recent studies have reported a seismic shift from this ‘War for Talent’ to a ‘War for Skills.’

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Economy could achieve significant economic boost by addressing skills gaps in younger people

Economy could achieve significant economic boost by addressing skills gaps in younger people

The UK could boost GDP by around £40 billion a year in the long run if it reduces the number of young people not in education, employment or training (NEET) to match Germany, the best performing EU country. Despite making improvements in recent years, the UK only ranks 19th out of 35 countries across the OECD on a PwC index based on a range of indicators of youth employment, education and training. But this is slightly better than the UK’s ranking of 21st across the OECD on a similar PwC index for older workers released earlier this year. Across England NEET rates vary significantly, reflecting the disparity in educational attainment and job opportunities across the country. In 2017, the West Midlands had the highest NEET rate for 19-24 year olds at 16.7 percent, followed by the North East by 16.3 percent. Meanwhile the South East and South West have the lowest rates, both at 11.5 percent (see table below). More →

CIPD launches new standard and profession map to reflect the changing face of HR

CIPD launches new standard and profession map to reflect the changing face of HR

The CIPD has launched a new and fully updated Profession Map which sets out the knowledge, behaviours and values underpinning today’s people profession in the modern world of work. The new Profession Map – the first since the 2013 version of the CIPD’s original Profession Map – has been designed to reflect the changes in the world of work and the priorities and role of people professionals. Major trends, from the changing demographics and needs of the workforce to alternative employment models and increasing use of technology, have challenged us to innovate and adapt our people management practices and approaches. The Map will evolve in line with the world of work, updating when the landscape shifts and keeping experts in people, work and change future-fit for years to come.

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Businesses told to consider the interests of workers and other stakeholders in new code

Businesses told to consider the interests of workers and other stakeholders in new code

The Financial Reporting Council (FRC) has published its new Corporate Governance Code in a bid to improve trust in UK business. The new Code will remain on the “comply or explain” basis mandatory for which it has been criticised in the past, but has been broadly welcomed by industry bodies. The code sets out a number of recommendations aimed at improving culture and trust in business, of which it suggests at least one be applied. They include having a director appointed from the workforce, a formal workforce advisory panel and a designated non-executive director. The Code will apply to accounting periods from January 2019 and is applicable to all companies with a premium listing.

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New era ahead for corporate real estate strategy, claims CBRE report

New era ahead for corporate real estate strategy, claims CBRE report

The period to 2040 will bring profound and far-reaching changes to corporate real estate portfolios according to CBRE. The new report Portfolio 2040, claims to approach the issue from a portfolio perspective, examining how business, buildings and perhaps even cities themselves, might look in 20 years’ time. One of the key drivers for change is identified as pervasive availability, and creative use of very high-volume data and the growth of AI, enabling companies to adapt almost instantaneously to external change and offer increasingly personalised solutions. Rapid and fluid specialisation, either temporary or permanent, will characterise most businesses and real estate will need to reflect this by being increasingly flexible, multipurpose and rapidly adaptable.

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Employers face increasing challenge in finding the right person for the job warns CIPD

Employers face increasing challenge in finding the right person for the job warns CIPD

Employers face increasing challenge in finding the right person for the job warns CIPD

Employment prospects in the UK are improving, as the number of vacancies in the UK economy remain well above historic average levels, but the CIPD is warning that employers’ demand for skills and labour may not be met by supply. The latest Labour Market Outlook from the CIPD and The Adecco Group shows that employers’ near-term employment expectations have risen to a five-year high. This continued growth in demand for labour, while highlighting employer optimism, is set to lead to a further tightening of the UK labour market for employers, making it harder for them to find the skills and labour they need. Almost two-thirds (61 percent) of employers in the survey said that at least some of their vacancies are proving hard to fill.  By comparison, just over half (56 percent) of employers reported that they were currently having difficulty filling vacancies in their organisation during the same period in 2017. In response, more than a quarter (28 percent) said that they are raising wages to tackle their recruitment difficulties. The report authors also suggest that offering staff more flexible work and collaborative spaces could help with recruitment and retention.

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No surprises in new report on future workplace trends

No surprises in new report on future workplace trends

The latest Global Workplace Trends report from Sodexo focuses on the ‘workplace experience’ and how it affects levels of engagement, wellbeing and corporate performance. It’s an undemanding study that sets out seven trends covering familiar themes in a familiar way, even though the authors claim it offers ‘fresh insights’. As well as the idea of ‘experience’, it touches on ideas about the intersections of digital and physical space and the implications for people and organisations as well as the workplace professions. It uses the standard vocabulary, various buzzwords and the usual presuppositions to look at the impact of Millennials, AI, the sharing economy and so on. The visuals are the usual parade of smiling, diverse – but no unattractive, disabled and old – hipsters sharing screens and being creative in sun-dappled interiors. Sauce it with some virtue signals and it’s job done.

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Women are happier and more engaged at work than men, despite the gender pay gap

Women are happier and more engaged at work than men, despite the gender pay gap

Following the deadline for organisations to publish their gender pay this week, it came as little surprise to find that almost eight in 10 organisations pay men more than women. The debate over the reasons why will continue, but new research now claims that women remain happier and more committed at work than men, despite this disparity. Employee benefits provider Personal Group’s Gender Happiness Gap research shows that contrary to, and perhaps in spite of the fact that the Gender Pay Gap tends to favour men, happiness at work tends to fall in favour of female staff, with men much less happy in the workplace than their female counterparts. Whilst 77 percent of PAYE female employees are happy at work at least some of the time, the figure is only 66 percent for men. This means that one in three men are rarely or never happy at work. The case is similar when looking at the total workforce: 45 percent of female staff stated that they’re happy most of the time at work, versus only 38 percent of male staff. Amongst women, the 30-49-year-old age group is the unhappiest age group, which may be due to juggling family life alongside working commitments.

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