Search Results for: economic

March 8, 2023

Despite rise of hybrid working, people spend majority of time on pointless work and meetings

by Neil Franklin • Flexible working, News, Workplace

Businesses and workers are still grappling with barriers to productivity despite the advent of more widespread flexible and hybrid working, claims a new report from Asana. According to the fourth Anatomy of Work Global Index, “work about work” – time spent on work coordination rather than the skilled, strategic jobs they want to do – remains how workers spend the bulk of their day. Conducted by GlobalWebIndex (GWI) on behalf of Asana, the 2023 Anatomy of Work Global Index surveyed the behaviours and attitudes of more than 9,615 knowledge workers across the United States, U.K., Australia, France, Germany, and Japan to understand the impact of cross-functional collaboration. (more…)

March 6, 2023

Less than a third of businesses know how energy efficient their office is

by Neil Franklin • Environment, Facilities management, News

A surprisingly high proportion of UK businesses are unaware of new environmental legislation concerning the energy efficiency of their buildings, or even how energy efficient they are in the first place, according to a new survey commissioned by Irwin Mitchell: Redefining the Office – A report on office occupier trends in 2023. The new Minimum Energy Efficiency Standards (MEES) legislation means that from 1st April 2023, property owners must not continue to let properties that have an EPC rating of F or G (unless they have an exemption) and all let properties will need to have a minimum EPC rating of E. (more…)

March 2, 2023

Pipeline of women managers has stalled in wake of pandemic

by Neil Franklin • News, Workplace

The leadership pipeline for women has hollowed out in the middle, according to a new study “Women in leadership: Why perception outpaces the pipeline—and what to do about it” from IBM Institute for Business Value (IBV) and Chief. The study of 2,500 organisations in 12 countries and 10 industries found a small increase in the number of women at the C-suite and Board level (now 12 percent for both), and an increase to 40 percent representation of women in junior professional/specialist roles (37 percent in 2021). However, the pipeline for top leadership positions still hasn’t recovered to pre-pandemic levels – 14 percent representation of women in senior vice president roles (18 percent in 2019) and 16 percent in vice president roles (19 percent in 2019). (more…)

March 1, 2023

Nearly all senior managers say stress is a characteristic of their job

by Neil Franklin • News, Wellbeing

The cost-of-living crisis is the top cause of stress at work for people working in leadership and senior management roles, according to the findings of a new survey by HR software provider Ciphr. Around 98 percent of the 265 leaders and senior managers polled found at least one aspect of their work stressful, while two-fifths (83 percent) are affected by three or more work-related stressors (the average, per person, is eight). Yet, despite the obvious stress their work causes them, just 4 percent claim not to like their jobs. (more…)

March 1, 2023

Employers prioritising long term return on investment in recruitment

by Jayne Smith • News, Workplace

Following the ‘hiring frenzy’ of the pandemic, recruitment strategies are focused on total value creation by empowering their teams to learn, grow and be ready for any contingency, according to the 2023 Talent Trends Report from Randstad. The poll of over 900 C-suite and HR leaders in 18 markets focussed on their talent and career development priorities for the year ahead. Now in its 8th year, this year’s report claims that despite an uncertain economic environment, business leaders are focused on driving long-term value and business impact by increasing talent engagement, satisfaction, productivity, and retention, following the ‘hiring frenzy’ of the last two years. (more…)

February 22, 2023

Most US employees don’t believe remote working colleagues are really working

by Neil Franklin • Flexible working, News

Only 24 percent of people trust their remote working colleagues to get work done from home, according to a new poll from Envoy. However, the latest edition of its Return to the Workplace survey also suggests that 94 percent of workers believe their managers trust them to do their work from anywhere, home or the office. And the older the worker, the greater the confidence they have in expressing such a belief. Only 57 percent of ‘Gen Z’ feel strongly that they have their manager’s trust compared with 71 percent of ‘Millennials’ and 77 percent of ‘Boomers’. (Wot? No Gen X? – Ed) (more…)

February 16, 2023

Flexible working drives productivity and stronger company culture

by Jayne Smith • Flexible working, News

Future Forum, a consortium launched by Slack with founding partners Boston Consulting Group, MillerKnoll, and MLT has published the latest findings from its global Pulse survey, which suggest that flexible working plays a key role in fostering organisational culture and has a significant positive impact on productivity. According to the poll, flexible workers were 57 percent more likely to say that their company culture has improved over the past two years compared with those required to be on-site five days a week—and they cited flexible working policies as the primary reason their culture is changing for the better. (more…)

February 16, 2023

Employers brace for ‘talent exodus’ as people seek better pay

by Neil Franklin • News, Workplace

Over half (58 percent) of employers in the UK believe that they will lose staff in the next six months as they seek to earn more by moving jobs, according to a new poll. According to the survey by talent services company, Morgan McKinley for its 2023 Salary Guide, 56 percent of employees in the UK are looking to move jobs in the first half of the year, with 49 percent selecting better pay as the primary reason, followed by ‘better career growth and development opportunities’ (17 percent). (more…)

February 13, 2023

Childhood’s end for work and the need for a grown-up conversation about it

by Mark Eltringham • Features, Flexible working, Technology, Wellbeing

Arthur C Clarke’s finest novel Childhood’s End is the story of an Earth that is invaded by a force of alien Overlords. This is not a destructive colonial invasion, which is why there’s no Hollywood blockbuster in the tale, but a seemingly benevolent intervention which ushers in a golden age for humanity. Although humankind initially does not get to meet the Overlords in person (for reasons I won’t give away here), the aliens unite the world’s governments, eradicate crime, conflict and the nation state and do away with the need for creativity and hard work. It is the literal end of history.

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February 8, 2023

Poor air quality affects chess players, and it might be affecting you too

by Francis Pope • Features, Wellbeing

Humans are exposed to poor air quality and pollution almost everywhere. The World Health Organization estimate that 99 percent of the world’s population breathe in polluted air each day. Chess players competing indoors are no exception – and it can affect their performance. A recent study conducted by researchers from Maastricht University (Netherlands) and the Massachusetts Institute of Technology (USA) analysed the quality of chess moves across multiple German chess tournaments. They found that chess experts perform worse when there is more particulate matter (PM2.5) in the air. (more…)

February 8, 2023

Sector leaders implore EU to be ambitious when setting carbon targets for buildings

by Neil Franklin • Environment, News

With a crucial vote fast approaching on the EU’s key piece of building legislation, a coalition representing 35 organisations is calling on politicians to seize a once-in-a-generation opportunity to eliminate carbon emissions from Europe’s building stock. Europe’s buildings account for around 40 percent of energy consumption and 36 percent of CO2 emissions. Currently, EU policy only addresses the operational emissions of buildings but to support total decarbonisation of the EU building stock, policy must evolve to cover both operational and embodied emissions, known as Whole Life Carbon. Without addressing both sources of emissions it is inconceivable that the EU will be able to achieve its climate targets. (more…)

February 7, 2023

Evening Standard SME XPO celebrates new, small and growing businesses

by Freddie Steele • Company news, Events

Building on the success of its launch event, the Evening Standard’s SME XPO 25-26 April 2023 at ExCeL London, once again invites founders, entrepreneurs and business leaders to attend an action-filled two-day programme and exhibition connecting the scaleup community, a vital part of the UK economy. SME XPO has established itself as the UK’s leading event dedicated entirely to ambitious SME founders and decision-makers who are looking to scaleup. The event will appeal to a wide variety of industries from micro businesses to medium and large SMEs, welcoming 4000+ owners, showcasing over 60+ speakers. (more…)