Search Results for: economic

Research casts doubt on environmental benefits of hybrid working

Research casts doubt on environmental benefits of hybrid working

commuters and hybrid workingA permanent post-pandemic switch to hybrid working may do little to reduce carbon emissions as the majority of remote workers travel further each week than their office-based counterparts, new research from the University of Sussex Business School reveals. The newly published study finds that, prior to the pandemic, most remote workers in England travelled further each week than office-based workers – despite taking fewer trips. This was partly because remote workers tended to live further from their workplace than non-teleworkers, so had longer, if less frequent, commutes. In addition, remote workers engaged in more travel on the days when they worked from home – for example, by making extra trips to shops and cafes. More →

Structural and cultural change are what we need to escape the wellbeing rut

Structural and cultural change are what we need to escape the wellbeing rut

wellbeing at workWellbeing has been one of the largest challenges to the UK workforce over the last several years. A recent study by the Mental Health Foundation and the London School of Economics and Political Science (LSE), states that mental health problems cost the UK economy at least £117.9 billion every year – around 5 percent of the UK’s GDP. Companies recognise the urgency to help: British employers planned to increase spending on employee mental health and wellbeing by 18 percent from 2021 to 2022. But the long and short of the issue is that this progress is being outpaced by accelerating burnout rates among workers. More →

Flexible working could open up workplace to 1.3 million people

Flexible working could open up workplace to 1.3 million people

flexible workingGreater workplace flexibility could help open up new employment opportunities for 1.3 million people in the UK with disabilities, caring responsibilities, and those based in rural locations, according to a new study from LinkedIn. For those who may struggle to commute or work regular hours, the opportunity to work from home or enjoy flexible working options has the potential to improve workforce inclusion while adding a potential £40 billion to GDP. More →

The compadre of teleworking, with Jack Nilles

The compadre of teleworking, with Jack Nilles

teleworking Jack NillesIn episode four of Workplace Geeks, Chris and Ian cross seven time zones to learn from the father of teleworking and environmental activist, Jack Nilles, about the multi-disciplinary research project that led to his 1976 book ‘The Telecommunications-Transportation Trade-off: Options for Tomorrow’. Teleworking has been proven to be an effective and valued part of hybrid working solutions since the 1970s. The barriers to implementation are rarely, if ever, technological or economic: they are cultural, often specifically managerial, and always have been. Despite this, tried and tested change methodologies can overcome these challenges. Now, more than ever, we need to embrace the many benefits of teleworking, not just for organizational and personal gain, but also as part of our strategies to address the climate emergency. More →

Small business focussed more on measuring productivity in new era of work

Small business focussed more on measuring productivity in new era of work

measuring productivityA new report from Be the Business, tracking business performance and management capabilities has found business leaders are positioning themselves to improve productivity levels, including increased adoption of e-commerce, and greater emphasis on measuring business performance and strategic planning. The Productive Business Index (PBI) is derived from a survey of over 1,000 directors of companies with 2-249 employees. The PBI features a headline number, indicating the overall health of businesses, and sub-indices which provide insight on key productivity drivers such as management skills; technology adoption; training and HR; operating efficiency; and innovation. More →

Remote work one of the emergency measures that could cut energy use, says IEA

Remote work one of the emergency measures that could cut energy use, says IEA

remote workIn the face of the emerging global energy crisis triggered by Russia’s invasion of Ukraine, practical actions by governments and citizens in advanced economies and beyond can achieve significant reductions in oil demand in a matter of months, reducing the risk of a major supply crunch, according to new analysis released by the International Energy Agency. These efforts, including the uptake of remote work, would reduce the pain being felt by consumers around the world, lessen the economic damage, shrink Russia’s hydrocarbon revenues, and help move oil demand towards a more sustainable pathway, the IEA claims.

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Levelling up agenda failing to address city imbalances

Levelling up agenda failing to address city imbalances

The UK’s smaller towns and cities are expected to show stronger economic growth than those that are larger and more metropolitan and there is an increased focus from the public on wellbeing, the environment and income distribution, according to PwC’s annual Good Growth for Cities report. Areas such as Bournemouth, Exeter and Plymouth, are expected to see the strongest gross value added (GVA) growth rates for 2021 and 2022, with cities in the North and Midlands continuing to lag behind despite the Government’s ‘levelling up’ agenda. More →

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit an opportunity for commercial propertyIn the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. More →

Active commuting should be part of ESG strategy, says BCO

Active commuting should be part of ESG strategy, says BCO

active commutingPutting active commuting at the heart of ESG policies can shift commuters towards more sustainable forms of travel, improve individual health and wellbeing and help companies cut carbon emissions, new research from the British Council for Offices (BCO) has found. A new BCO research report, The Market Cycles II examines the rise of cycling in the UK over the past five years and its impact on office specifications. The report highlights that this period has seen an increase in cycling activity in the UK, with a particularly sharp rise in the past two years as the COVID-19 pandemic has caused a shift in travel habits, and a rise in active commuting. More →

Working outside ‘traditional hours’ can harm motivation, say researchers

Working outside ‘traditional hours’ can harm motivation, say researchers

working outside traditional hoursWorking outside traditional hours, and checking in at all hours of the day, night, weekends, and holidays, is not necessarily beneficial for the 21st-century workforce, according to new research from the London School of Economics and Political Science (LSE) and Cornell University. The researchers address the issue of working ‘out of hours’ in the paper, “Working During Non-Standard Work Time Undermines Intrinsic Motivation,” published in Organizational Behavior and Human Decision Processes. They set out to examine the motivational consequences of studying and working outside of traditional hours, such as weekends and holidays, among employees and college students. More →

The nature of work has changed permanently for many people, new report claims

The nature of work has changed permanently for many people, new report claims

nature of workThe pandemic has changed the nature of work, which offers opportunities for organisations to adopt more considerate and efficient work practices as offices reopen. The latest study to come to this conclusion has been published by the University of Southampton and funded by the Economic & Social Research Council (ESRC). The research considered the longer-term implications of working from home and which new working practices should remain and be encouraged. Its findings offer lessons from lockdown that will guide organisations as they seek to make hybrid working a success. More →

Building workplace resilience in a changing environment

Building workplace resilience in a changing environment

workplace resilienceFor decades, it has been agreed that change is a constant. So, doesn’t it stand to reason that before a change or crisis happens, an organization should have the ability and resilience to transform? In the McKinsey report, The resilience imperative: Succeeding in uncertain times, resilience is defined as, “the ability to withstand unpredictable threat or change and then to emerge stronger.” In other words, it is the ability to sustain and endure. And it applies just as much to workplace resilience as any other element of the organisation. More →