Search Results for: diversity

Family firms focus more on corporate social responsibility

Family firms focus more on corporate social responsibility

corporate social responsibilityCompanies owned by families pay more attention to issues of corporate social responsibility (CSR), such as sustainability and environmental issues, according to research from Vlerick Business School, but the research also found that attention to CSR decreases as the company is handed down to the next generations. Dr. Kerstin Fehre, Professor of Strategy at Vlerick Business School, alongside Dr. Florian Weber from the Karlsruhe Institute of Technology in Germany, studied family firms and the attention they gave to CSR compared to non-family firms. The study, published in the journal Business Ethics: A European Review, used over a hundred of the largest HDAX listed companies in Germany and analysed messages to shareholders published in annual reports. (more…)

Diversifying hiring practices to bridge the skills gap

Diversifying hiring practices to bridge the skills gap

diversity in hiring can help firms address the skills gapTalent scarcity and the skills gap have become very real concerns in the UK. We are currently in a period of high employment, and at the same time, uncertainty surrounding Brexit has caused a reduction in immigrant labour, reducing the talent pool further. For accountancy, the skills gap issue is even more acute because it is already an industry with a very limited talent pool. When asked to describe an accountant, it is likely that many of us would describe a very similar person. For a variety of reasons, accountancy as a profession attracts a very specific group – often male, university educated, usually from a Russell Group university. Hiring from such a small pool means that the squeeze on talent is even tighter in this sector. (more…)

Tick box attitude to women on boards must stop

Tick box attitude to women on boards must stop

Women on boardAlthough the percentage of women on boards at FTSE 100 firms is on track to reach 33 percent by 2020, a new report claims there are worrying signs that companies are appointing women for symbolic value. The Female FTSE Board Report, produced annually by Cranfield University’s School of Management, claims that women serve shorter tenures than men (on average, female non-executive directors serve 3.8 years – with men serving 5 years) and are less likely to get promoted into senior roles. (more…)

Fifth of people do not last a year in self-employment

Fifth of people do not last a year in self-employment

Maria Spelterini crosses Niagara on a tightrope to illustrate the precariousness of self-employmentOne-fifth of sole traders in self-employment don’t survive one year, and the majority don’t survive five, according to a new study from the Institute for Fiscal Studies (IFS).  The analysis of HMRC tax records by researchers at the IFS was funded by the Office for National Statistics through the Economic Statistics Centre of Excellence (ESCoE) and the Economic and Social Research Council. (more…)

Office taxonomy and an increasingly diverse workplace ecosystem

Office taxonomy and an increasingly diverse workplace ecosystem 0

A very modern workplaceIt is perhaps the most common misconception of evolutionary theory that all animals are somehow evolving towards some end point – meaning us. This notion is perhaps best summed up when a sceptic asks: “If we have evolved from monkeys, why are there still monkeys?” The lesser of the two problems with this is its solipsistic assumption that humans are the pinnacles of life and that, if evolution were true, all species would eventually evolve into people. (more…)

We are running out of time to find the meaning of work

We are running out of time to find the meaning of work

Last week’s report from the IFS detailing the ongoing rise in the numbers of working poor in the UK highlights just how dysfunctional work can be in the modern era. While depictions of work in the media tend to consist of diverse Millennials clustering around a single laptop in the sun-dappled offices of tech firms, or chilling on the Chesterfield in a coworking space, the reality for many people is somewhat different. (more…)

Flexible working is the new measure of success

Flexible working is the new measure of success

Professional bragging rights were once the preserve of top earners. Those with massive salaries, huge bonuses, and in some cases, even bigger egos. Money equals success – technology has shifted that long held view. Today flexible working, in terms of hours, location and role, has become an embraced reality and chief workplace priority. Technology has blurred the lines between work and life. The new “digitally native” workforce now expect a flexibility and access in every aspect of their lives. More than ever, work is seen as an adventure which is to be explored, rather than accepted. (more…)

Culture clash means one in ten non-native workers leave jobs

Culture clash means one in ten non-native workers leave jobs

Crossed pencils with sparks illustrate a culture clashA new report from Jobsite claims that almost one in ten (8 percent) non-native workers in the UK have had to leave a job because of a culture clash or they felt they didn’t fit in, and a quarter (23 percent) of those working in multicultural teams feel their workplace has become less accepting towards their non-UK colleagues since the EU Referendum. The survey claims that over a third (35 percent) of non-native workers believe their career progression has been impacted whilst a further 13 percent think they have been overlooked for a promotion due to their cultural background. (more…)

Discrimination against workers highest in UK

Discrimination against workers highest in UK

A new Europe wide study claims that reports of discrimination are highest in the UK where more than a third (38 percent) of respondents say they have been discriminated against, compared to a European average of 30 percent. It seems young people are also particularly affected, with 49 percent of UK workers aged 25-34 reported they had faced some form of discrimination.  The ADP Workforce View in Europe 2019 (registration) surveyed over 10,000 employees in the UK, France, Germany, Italy, the Netherlands, Poland and Spain, delving into how employees feel about issues in the workplace. (more…)

Lack of flexible working risks talent exodus

Lack of flexible working risks talent exodus

Companies are in danger of losing top talent due to lack of flexible workingNew results from Wildgoose’s Flexible Working survey suggests that a significant number of UK employees are seeking out flexible working to better juggle life both in and out of work, without compromising productivity. The latest findings follow on from the organisation’s other successful insights surveys exploring diversity & inclusion and mental health in the workplace. (more…)

People can hit career dead end in their fifties

People can hit career dead end in their fifties

Career opportunities for over 50sWith a rising retirement age and the prediction that by 2020, a third of UK workers will be aged 50 or over, new research from job board Totaljobs and recruitment firm Robert Walters found that many workers in their 50s find their career options and development opportunities are extremely limited.

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Failure to understand employees creates culture of mistrust

Failure to understand employees creates culture of mistrust

CEOs failure to understand employees creating a culture of mistrustEmployees trust their CEOs less than they did seven years ago, although trust in line managers remains the same, new research claims. It also suggests that one of the reasons for mistrust is that CEOs seem unable to understand the role of their employees and the contributions they make to working culture. According to Trust in Leaders, by The Institute of Leadership & Management, workers trust their CEOs considerably less than they did in 2011, as compared to then, the results show trust in CEOs has fallen by 8 percent.

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