Search Results for: economy

Hybrid working averse businesses missing out on €113 billion opportunity

Hybrid working averse businesses missing out on €113 billion opportunity

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh EuropeEuropean businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe.  The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working. More →

Workload and personal appearance now main sources of workplace anxiety

Workload and personal appearance now main sources of workplace anxiety

The chief sources of workplace anxiety according to a new survey is increased workload, followed by personal appearanceA new poll from The Adaptavist Group claims that three-quarters of UK office workers now say they experience workplace anxiety, with a little over one-quarter saying it happens often to almost all the time. This is a significant shift from just nine months ago when only 38 percent of respondents in Adaptavist’s Reinventing Work study said they suffered from anxiety upon returning to work. More →

Flexible working and its benefits are enjoyed most by highest paid workers

Flexible working and its benefits are enjoyed most by highest paid workers

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 reportLow paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Just half (51 percent) of workers surveyed for the report earning less than £20,000 a year work flexibly, compared with eight in ten (80 percent) workers earning more than £50,000. The figures are from an analysis of flexible working in Scotland, which is supported by the Scottish Government and The Hunter Foundation. More →

Half of gig workers earn below the minimum wage

Half of gig workers earn below the minimum wage

More than half of gig workers in the UK are paid below the minimum wage, a new study claimsAs the cost of living continues to spiral, a new report shows more than half of gig economy workers in the UK are paid below the minimum wage. The study, led by the University of Bristol, found 52 percent of gig workers doing jobs ranging from data entry to food delivery were earning below the minimum wage. On average respondents were earning £8.97 per hour – around 15 percent below the current UK minimum wage, which rose to £10.42 this month. More than three-quarters (76 percent) of survey respondents also experienced work-related insecurity and anxiety. More →

Magenta Associates reports positive first quarter to 2023

Magenta Associates reports positive first quarter to 2023

Magenta Associates, the communications specialist for the built environment, has reported significant growth in 2022/23 (20 percent) and 2021/22 (32 percent), along with a series of new architecture, design and construction contract winsMagenta Associates, the communications specialist for the built environment, has reported significant growth in 2022/23 (20 percent) and 2021/22 (32 percent), along with a series of new architecture, design and construction contract wins, and several of its existing clients confirming that they will invest in new service areas of the business.  In 2022, the Brighton based firm launched its new dedicated B2E (business to employee) comms division in light of research it commissioned which revealed a gap in the market, particularly for FM firms, many of which are struggling to unite dispersed teams in the era of hybrid working and talent shortages. In the first quarter of 2023, an increasing number of clients have turned to Magenta for support in this area. More →

WorldGBC launches Circular Built Environment Playbook

WorldGBC launches Circular Built Environment Playbook

The World Green Building Council (WorldGBC) and its network of over 75 Green Building Councils are launching the Circular Built Environment Playbook.The World Green Building Council (WorldGBC) and its network of over 75 Green Building Councils are launching the Circular Built Environment Playbook. The organisation claims this is ‘a critical guide for the building and construction sector around the world to accelerate the adoption of circular economy and resource efficiency principles’. More →

Majority of employees see themselves as cogs in corporate machinery

Majority of employees see themselves as cogs in corporate machinery

A significant majority (85 percent) of employees feel like they are just a cog in the machinery of their organisation and 43 percent have no idea how their performance contributes to business success, according to a new survey of employee experience and expectations. According to the new study [registration] from Oracle, HR leaders are struggling to keep up with changing employee expectations and this can have dire consequences for businesses. The survey of 1,000 employees and HR leaders across the United Kingdom (UK) found that despite current economic uncertainty, worker expectations are higher than ever, and HR leaders need help to get the employee experience right or risk losing profits and market share. More →

UKGBC launches new guidance to empower the built environment to deliver Biodiversity Net Gain

UKGBC launches new guidance to empower the built environment to deliver Biodiversity Net Gain

The UK Green Building Council has launched new guidance which it claims will empower the built environment sector to deliver Biodiversity Net Gain as a key element in its developments.The UK Green Building Council has launched new guidance which it claims will empower the built environment sector to deliver Biodiversity Net Gain as a key element in its developments. Biodiversity Net Gain policy requirements will come into effect in November and will mandate that all new developments must design and deliver solutions that support nature. More →

Biophilic office design has a clear business case, report claims

Biophilic office design has a clear business case, report claims

A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design.A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design. The report argues that in corporate real estate, the environment impacts the bottom line. PLP’s study – run in collaboration with academics from Loughborough University, the University of Reading, and Benholm claims to enable real estate clients to fairly evaluate the worth of investing in nature alongside other project costs. More →

People responding to artificial intelligence by focussing on their ‘human skills’

People responding to artificial intelligence by focussing on their ‘human skills’

Globally, workers are focused on developing their human skills, even as they see a future dominated by technology-driven work, artificial intelligence and automationGlobally, workers are focused on developing their human skills, even as they see a future dominated by technology-driven work, artificial intelligence and automation, according to a new study from Pearson. For the latest edition of the Pearson Skills Outlook series [registration], Pearson partnered with Google to examine how and why people in the US, UK, India, and Brazil are looking to upskill as they face a rapidly changing economy. More →

Reconnecting older workers with the office: have we retired what matters most?

Reconnecting older workers with the office: have we retired what matters most?

If we look at what older workers are actually saying about work and workplaces, there is an appetite for change, says Julie LecoqOlder workers now make up a larger percentage of the workforce than they did two decades ago. Data from Legal and General and the Centre for Economic Research (Cebr) suggests that the number of over 50s in employment has increased by 36 percent in the last 20 years, with 47 percent of this age group predicted to be in employment by 2030. A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. From a corporate perspective, the growing skills shortages in a range of sectors has also meant that employers are consistently seeking to attract and retain those in the latter stage of their professional career. More →

The allure of workplace bullshit

The allure of workplace bullshit

The sleep of reason and workplace bullshitAlthough the legend of Faust is one of the Germanic world’s foundational narratives, its archetypes and themes were already established by the time Goethe codified them in his 1808 play. They have since become universal. The idea that somebody would sell their soul to the Devil to gain something or rid themselves of unhappiness is as resonant now as it was in Renaissance Europe. It has inspired books films and artists to such an extent that its derivatives now have their own Wikipedia page.

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