Search Results for: economic

UK ranks 17th worldwide for remote work

UK ranks 17th worldwide for remote work

by • Flexible working, News, Technology

remote workingThe UK ranks 17th in the world for remote work, according to a new report released by NordLayer. The report evaluated 66 countries in total. The report claims that the two biggest factors in the UK’s score are a relatively low cybersecurity ranking and a lower than expected digital and physical infrastructure ranking. The report concludes that the UK is not necessarily unsafe to work digitally but is taking longer than other countries to adapt and evolve digital practices and standards. More →

Confetti launches new collection of team building experiences as demand for DE&I in business increases

Confetti launches new collection of team building experiences as demand for DE&I in business increases

by • Company news

With McKinsey & Company reporting that businesses with more diverse teams —whether that’s racially, socio economically or educationally— are 35 percent more profitable than organisations that are not, tech start-up Confetti, a website for booking virtual corporate development and team building events, has launched a new Diversity, Equality and Inclusion (DE&I) collection of 27 distinctive team building experiences, aiming to release five new experiences every month. More →

UK rated world number one as Europe sets the standard on real estate transparency

UK rated world number one as Europe sets the standard on real estate transparency

by • News, Property

transparent real estateEurope is leading the way on real estate transparency as a raft of new sustainability legislation raises industry standards, according to the latest Global Real Estate Transparency Index [registration] published by JLL, in partnership with LaSalle. Six of the 12 countries classed as ‘Highly Transparent’ in the report are in Europe with France, the Netherlands, Germany and Belgium among the most improved, joining Ireland and Sweden. More →

Skills shortages lead to fall in wellbeing,  increased workload and decreased profitability 

Skills shortages lead to fall in wellbeing,  increased workload and decreased profitability 

by • News, Wellbeing, Workplace

wellbeingAccording to The Open University’s Business Barometer 2022 report, published in partnership with the British Chambers of Commerce, UK organisations are experiencing the knock-on effect of ongoing skills shortages, as more than three quarters (78 percent) report seeing reduced output, profitability or growth. The Open University’s annual report which sets out to provide an overview of UK skills , also highlighted the effect the skills shortage seems to be having on morale and wellbeing, as almost three-quarters (72 percent) of organisations say the impact increases workload on other staff. More →

Four day week rejected by majority of SME leaders

Four day week rejected by majority of SME leaders

by • Flexible working, News

four day weekAround three quarters (76 percent) of UK business leaders are either unlikely or very unlikely to introduce the four day work week to their business, according to the latest quarterly UK SME CEO Confidence Index for Q2 2022 from Vistage. The study reports that the SME business confidence index hit 77 points, a 22 percent decrease since the last quarter. The index suggests that small and medium sized businesses overall feel pessimistic about the current economic landscape. 69 percent of SME leaders think that economic conditions have significantly worsened over the last 12 months. Only 5 percent predict that the economic landscape will improve over the next year, while 72 percent strongly believe that the economy will further deteriorate. More →

Supply chain disruption sees costs and complexity ramp up

Supply chain disruption sees costs and complexity ramp up

by • News, Works Magazine

supply chain disruptionTwo-thirds (66 percent) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandemic period, with nearly one in five in total (18 percent) retaining ‘significantly more’ stock. This growing focus on taking innovative measures to address supply chain disruption is highlighted in new research commissioned by IFS, polling over 1,450 senior decision-makers at large enterprises across France, Germany, Nordics, USA, the UK and the UAE. More →

Is change your friend or your enemy?

Is change your friend or your enemy?

by • Comment, JB, Workplace

changeIs change your friend or your enemy?  If you are a young person leaving home for the first time and are excited about the prospects of striking out on your own – change is most likely your friend.  But if you are the parent, watching your child leave the nest, and your close protection, then change could very possibly be your enemy. The same is true when it comes to introducing new ways of working in an organisation.  Some people will like the ‘old ways’ because they are familiar and comfortable – they are like second nature and hence don’t take any real thinking. Whereas for others, the ‘new way’ may be quite faster, easier or simply exciting because it is different. More →

Physical activity could boost UK economy by up to £17 billion

Physical activity could boost UK economy by up to £17 billion

by • News, Wellbeing

physical activityThe fitness and leisure sector holds the key to encouraging physical activity which could save the UK economy up to £17bn a year, according to a new report from ukactive. The report’s authors have called on the Government and its partners to work with the fitness and leisure sector to get the nation’s workforce physically active, as new research from Deloitte shows it could benefit the UK economy by up to £17bn a year.  The landmark report was commissioned by IHRSA (International Health, Racquet and Sportsclub Association) on behalf of the Global Health and Fitness Alliance. More →

BCO Conference challenges the office sector to up its game

BCO Conference challenges the office sector to up its game

by • Features, Property

BCO ConferenceRegarded as one of the property sector’s leading events, the BCO Annual Conference saw key players from all parts of the office industry flock to Manchester – the vibrant, modern cosmopolitan powerhouse that is celebrated around the world for being the UK’s most competitive, economically productive, liveable and vibrant region. In her keynote, Joanne Roney, chief executive of Manchester City Council, said that the most demanding, challenging and important priority is climate change, closely followed by making a positive difference to the lives of the people who live and work in the city. More →

UK is third most attractive place to work in Europe

UK is third most attractive place to work in Europe

by • Flexible working, News, Workplace

most attractive place to workThe UK is the third most attractive place to work in Europe and experienced a stronger “brain-gain” than other major economies, according to a report from job site Indeed. It analysed nearly one billion data points including more than 800 million cross-border job searches and over 100 million job postings and found that cross-border searches by European jobseekers are up 13 percent from their pandemic low of -32 percent.   At the same time, Europe has become increasingly popular to jobseekers outside of the continent: inbound searches from jobseekers based outside Europe are a staggering 38 percent above the 2017-19 average, up from the pandemic low of -31 percent. More →

Flexible working options can support women in the workplace

Flexible working options can support women in the workplace

by • Comment, Flexible working, Wellbeing

flexible working womenAs of May 2022, more than one hundred years after the passage of the Sex Disqualification Removal Act – legislation which opened the workplace equally to women – more than half of the UK’s female professionals are at risk of leaving their jobs. As a recent study showed, 52 percent of women in the UK say they are either considering leaving or have already left a role due to lack of flexibility. The widespread nature of this “Flexidus” is chilling. The pandemic has already set back women’s participation in the workforce back 22 years behind men. How can businesses respond with the flexible working choices that many women are seeking? More →

Workplace discrimination remains ‘endemic’

Workplace discrimination remains ‘endemic’

by • News, Workplace

workplace discriminationA poll from the Chartered Management Institute (CMI) suggests that, despite the appearance of an “all-inclusive” working culture, many employees in the UK work for organisations that present them with systemic challenges when it comes to workplace discrimination and inclusion. The report claims that employees saw weaker representation of those from different backgrounds to them in management (69 percent saw such representation) and senior leadership (67 percent). More →

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