Search Results for: economic

Is London Smart City Initiative as smart as it could be?

Is London Smart City Initiative as smart as it could be?

It’s been a year since the launch of the Mayor of London’s smart city roadmap, designed to transform the capital into the smartest city in the world. But twelve months later, is the city any smarter? The Mayor of London’s smart city roadmap is proposing to transform the capital into the smartest city in the world, and as part of the initiative, Sadiq Khan appointed his first Chief Digital Officer to help steer the plan to focus on knowledge and technical advancements that will make life easier for London’s citizens. More →

Productivity decline linked to poor employee financial wellness

Productivity decline linked to poor employee financial wellness

The future of pay and productivityAlmost all (98 percent) employers believe that their employees’ financial wellness has a direct impact on productivity and their business performance – especially concerning employee productivity (67 percent) and engagement (62 percent). This is according to the Future of Pay research study (registration) by technology firm ADP, which surveyed 4,000 employees and 2,900 businesses to explore workers’ perceptions and attitudes towards traditional and emerging pay methods to address some of the biggest human capital management concerns. More →

Helsinki tops global rankings for work-life balance

Helsinki tops global rankings for work-life balance

Work-life balanceHelsinki is the world’s best city for work-life balance according to a new study from technology business Kisi which compares data on a range of factors such as “livability”, work intensity, institutional support, equality and legislation to rank cities. Helsinki, Munich, and Oslo are the three best ranked cities while the cities deemed as having the worst work-life balance were Tokyo, Singapore, and Washington DC. Using data relating to work intensity, social wellbeing, and livability to analyse the interplay between work and life, the index claims to assess how successful residents are at achieving a healthy work-life balance in 40 cities around the world. More →

Changing nature of work revealed in official data

Changing nature of work revealed in official data

The changing nature of workMany aspects of the changing nature of work in the UK are highlighted in a new official report into the number of hours worked in the country. The UK’s ongoing productivity challenges, highlighted by another ONS report last month, are well known, but the new data suggests that a number of common suppositions about the way we work should be challenged, especially those related to demographics, the types of work people do and who does it. More →

Voices from the age of uncertain work

Voices from the age of uncertain work

A woman crosses on a tightrope, illustrating the problem of uncertain workOn the surface, the wellbeing of the American worker seems rosy. Unemployment in the U.S. hovers near a 50-year low, and employers describe growing shortages of workers in a wide array of fields. But looking beyond the numbers tells a different story. My new book, “The Importance of Work in an Age of Uncertainty,” reveals that some Americans are experiencing an erosion in the world of increasingly uncertain work that is hurting their wellbeing, relationships and hopes for the future. More →

Work is no more insecure than it was twenty years ago, claims report

Work is no more insecure than it was twenty years ago, claims report

Queuing for workEmployment insecurity affects many people but, overall, work in the UK is as secure as it was 20 years ago, with limited evidence of growing casualisation, new research from the CIPD claims. The report Megatrends: Is work really becoming more insecure? finds that at 20 percent, the share of non-permanent employment in the UK – which includes the self-employed and temporary workers (including temporary zero hours contract workers) – has not increased since 1998.

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Maternity leave progressing around the world

Maternity leave progressing around the world

With studies claiming almost as many women with children (74.1 percent) participated in the labour force as women without, in 2014, women who are juggling careers and motherhood benefit from flexibility at work the most. Recent research claims women account for 40 percent or more of the total labour force in several countries, making flexible working hours, extended maternity leave, breastfeeding rooms, free education and free healthcare just a few of the ways that some countries build the best working environments for mothers. More →

Construction industry prepares for a downturn

Construction industry prepares for a downturn

Construction industry bosses are reorganising their workforce in preparation for a potential downturn, with higher levels of sub-contracting and lower levels of direct employment, claims new research by the Federation of Master Builders (FMB). There was a decrease in employment levels among small construction firms with 21 percent of employers reporting a reduced workforce. Workloads for construction SMEs grew with 27 percent of employers reporting higher workloads. More →

GDP should be replaced by new indicators of prosperity and wellbeing

GDP should be replaced by new indicators of prosperity and wellbeing

Two people laughing together to illustrate the principle of wellbeingAs the consequences of climate change, social tensions and high levels of inequality are increasingly evident, the Bennett Institute for Public Policy at the University of Cambridge, led by Professor Diane Coyle, has published its initial report on how to improve economic measurement by replacing GDP as the standard measure for national prosperity with others that include wellbeing and social and environmental capital. More →

The tipping point for flexible working arrives

The tipping point for flexible working arrives

Although people have been talking about flexible working in one way or another for decades – the economist John Maynard Keynes declared in 1930 that technological advances would lead to a 15-hour working week – we may now be at the tipping point where work takes on an entirely different character. More →

Self-employment might be good for mental health

Self-employment might be good for mental health

self-employmentThe general picture of self-employment, the gig economy work and mental wellbeing is not a pretty one. Around the world, Uber drivers face wage and security worries. Deliveroo workers have too much competition. Airbnb owners face legal problems in Paris and other cities. But while these headlines suggest a dark cloud over the heads of gig economy workers, recent data I’ve looked at unexpectedly shows that they are about 33 percent more likely to self-report positive mental health traits.
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One dishonest co-worker can disrupt an entire workplace

One dishonest co-worker can disrupt an entire workplace

The devil takes the hindmost - how the actions of a co-worker can disrupt a businessA vicious cycle can begin with one little white lie from a co-worker, diminishing the ability of other employees to read others and then even undermining the entire workplace or business, finds a new study from researchers at Michigan, Harvard, Virginia and Olin Business School at Washington University in St. Louis. Dishonest deeds diminish a person’s ability to read others’ emotions, or “interpersonal cognition,” the research found. In addition, the consequences can snowball. One dishonest act can set in motion even more dishonesty. More →