Search Results for: diversity

Talkin’ about my generation: Harnessing the power of the multigenerational workplace

Talkin’ about my generation: Harnessing the power of the multigenerational workplace

A child born in the west today has a 50 percent chance of living to be at least 105. This is of course a good thing – most people welcome the idea of a longer, healthier life – but it does mean that many of us will need to work longer as pension funds shrink and retirement ages increase. This has led to a new reality for business, the rise of the multigenerational workforce. Organisations that recognise that they can draw on talent from all ages and life stages will have a competitive advantage over those with a more traditional outlook. However, this new model can also present challenges – something that all businesses should consider. More →

Majority of large UK firms to address climate change in annual reporting

Majority of large UK firms to address climate change in annual reporting

Two-thirds (67 percent) of UK corporations will be disclosing climate change related risks and opportunities in their 2019 annual reporting, according to new figures released by the Carbon Trust. However, fewer than a quarter (23 percent) of companies are expecting to fully report in line with the recommendations of the G20 Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD), released in June 2017. More →

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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Tackling mental ill health in the workplace requires changes at the top

Tackling mental ill health in the workplace requires changes at the top

The collective effort to improve mental health awareness has gained real momentum in recent years and in the workplace there’s growing recognition that mental wellbeing among employees is good for business. But the way we’re working – the ‘always on’ culture, innovation moving at breakneck speed, and a global workforce operating 24/7 – is creating a mental burden among employees that is generating more mental health challenges. According to the City Mental Health Alliance, 44 percent of employers are seeing an increase in reported mental health concerns. Our own research of international business leaders has also shown that two thirds of them have suffered from mental health conditions. This is not only worrying for the individuals but problematic for the wider business, as culture is driven from the top.

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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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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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CIPD highlights gap between ‘fat cat’ top earners and the rest of the workforce

CIPD highlights gap between ‘fat cat’ top earners and the rest of the workforce

CIPD highlights gap between 'fat cat' top earners and the rest of the workforceJust three days into the New Year, today (Friday 4 January), the UK’s top bosses will have made more than a typical full-time worker will earn in the entire year, according to calculations from independent think tank the High Pay Centre and the CIPD. The average (median) full-time worker in the UK earns a gross annual salary of £29,574, while the average FTSE 100 CEO, on an average (median) pay packet of £3.9 million, only needs to work until 1pm on Friday 4 January 2019 to earn the same amount. The £3.9 million figure was calculated by the CIPD and the High Pay Centre in their 2018 analysis of top pay and it marks an 11% increase on the £3.5 million figure reported in their 2017 analysis. The pay increase means that FTSE 100 CEOs, working an average 12-hour day, will only need to work for 29 hours in 2019 to earn the average worker’s annual salary, two hours fewer than in 2018.

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Anti-team legislation can make us slaves to individual rights

Society is becoming more selfish. At least that’s what the most commonly held view on the issue suggests, and it’s only set to get worse. Whether or not you believe the headlines, my 20 plus years’ experience as an HR consultant has led me to believe the hype. Increasingly many (I stress, not all) employees no longer see themselves as part of a team, but are increasingly ‘lone wolves’ single mindedly pursuing their needs and wants above those of the team. Each decision they make is with ‘I’ first and foremost, with ‘we’ maybe just a passing thought. It could be argued this was inevitable. How do you create a culture of team engagement, and group morale when for decades UK workplace legislation has focused almost exclusively on Individual Rights, rather than the ‘rights’ of the group? I’d argue it is simply not possible to develop successful teams where each individual has numerous legal rights but no corresponding responsibilities. My wish for 2019 would be for the government to set out a ‘responsibility’ alongside every ‘right’ it confers.

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More than half of UK ethnic minority citizens believe Brexit will stifle their career

More than half of UK ethnic minority citizens believe Brexit will stifle their career

More than half of UK ethnic minority citizens believe Brexit will stifle their careers

Over half (52 percent) of Black, Asian, and Minority Ethnics (BAME) believe that Brexit will negatively impact their career progression compared to only 16 percent of non-BAME. This is according to a new survey commissioned by the Equality Group, an organisation that helps companies attract, retain and develop diverse talent that focuses on diversity and equality within business. Following the referendum in 2016 and the UK’s consequent departure from the European Union, tensions surrounding ‘Britishness’ and what it means to be British reached unprecedented lengths. In May this year, experts from the United Nations expressed concerns regarding the fact that racism and religious intolerance has, in the wake of Brexit, become increasingly acceptable in Britain. Whilst it is possible to statistically monitor the rise in racially motivated hate crimes, of which there was a 40 percent rise (July 2015- 16) succeeding the UK’s decision to leave the EU, monitoring racial discrimination within businesses is a lot more difficult. With this societal and political shift, the report looks at the impact Brexit, with its focus on immigration and the rights to work within the UK, has had on the workers from the BAME community.

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Are open plan workspaces truly evil or is this just fake news?

Are open plan workspaces truly evil or is this just fake news?

A recently published paper describing the results of an academic study by Ethan S. Bernstein and Stephen Turban[1], both of Harvard, has become another unwarranted casualty of the debate within our industry and in the mainstream media on ‘open plan’ offices versus anything else. The researchers conducted two controlled studies in different organisations before and after a workplace refurbishment from dedicated cubicles to dedicated open plan (benching) neighbourhoods, and concluded that face to face interaction reduced significantly, while email and other digital communications increased in the new environment.

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Government continues with massive reduction in size of public sector estate

Government continues with massive reduction in size of public sector estate

Work to reduce the UK government estate has seen its size fall by 156,000 square metres over the past year. This makes the estate a third smaller than it was in 2010 – creating a saving in real terms of £760 million in running costs, according to the Government. Today’s State of the Estate report also claims that a further £750 million in capital receipts has been generated this year from the sale of over 400 sites, delivering a total of £2.4bn in capital receipts over the past three years. At the same time, vacant space across the government estate is just 1.4 percent, which is significantly lower than in the private sector, according to the report.

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Don’t be a turkey, get on the commercial property gravy train

Don’t be a turkey, get on the commercial property gravy train

Last week, the RICS Commercial Property conference tackled the biggest issues impacting the built environment sector, arming delegates with fragments of the formula for future success. The morning CEO Question Time panel put a trio of CEOs in the spotlight. In addition to airing concerns about the current political climate, rapidly shifting societal attitudes, diversity and inclusion, the ageing population coupled with the ongoing housing shortage, climate change and the complexities involved in exploring new business models to drive and diversify revenue, they all zoomed in on the accelerated pace of change we’re witnessing, crowning it the key challenge for today’s C-suite.

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