Search Results for: economy

MPs call for Menopause Ambassador role to help women in the workplace

MPs call for Menopause Ambassador role to help women in the workplace

by • News, Wellbeing, Workplace

menopauseLack of support from employers for women with symptoms of the menopause is pushing ‘highly skilled and experienced’ women out of work, claims a new report from the cross-party House of Commons Women and Equalities Committee. The authors call on the Government to act, amending the Equality Act to introduce menopause as a protected characteristic, and to include a duty for employers to provide reasonable adjustments for menopausal employees. The MPs also urge the Government to remove dual prescription charges for oestrogen and progesterone as part of Hormone Replacement Therapy (HRT) nationwide, replacing it with a single charge for all women. 

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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 →

The fifteen minute city will transform the way we think about workplaces

The fifteen minute city will transform the way we think about workplaces

by • Cities, Features, Flexible working, Property

Paris fifteen minute cityFor most of history, there have been a small number of immovable truisms that formed the nature of what work is, and how communities form around it. While individuals have long held some agency around the structure and pattern of their work, being present in a communal workplace has been a non-negotiable reality. This need to work from an office comes wed with parallel requirements to help facilitate it. Employees have been willing to strike a compromise between where they wish to live and where they want to work through commutes, with the financial and time cost and associated stress that comes along with it. 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 →

Poor mental wellbeing costs UK contact centres almost £1 billion each year

Poor mental wellbeing costs UK contact centres almost £1 billion each year

by • News, Wellbeing

mental wellbeing contact centresPeople working in contact centre roles say that work-related poor mental wellbeing is making them less productive, including answering fewer calls and taking more sick days – costing the industry over £990m in lost productivity every year. That’s according to a new study, Duty of Care Gap [registration] from MaxContact. The contact centres industry is a huge contributor to the UK economy, employing over 800,000 people across the country. Yet the industry is facing a mental health crisis, with 83 percent workers saying their work is taking a toll on their mental wellbeing, with staff reporting high stress levels (62 percent), anxiety (48 percent) and feeling overwhelmed (46 percent). More →

London Tech Week kicks off with new Government announcements on future of tech

London Tech Week kicks off with new Government announcements on future of tech

by • News, Technology

london tech weekThe Government’s review into the future of computing and its new UK Digital Strategy were unveiled at the start of London Tech Week as the world’s technology leaders, founders and next generation of tech superstars gather in the capital to collaborate on the future of the industry. Opening day speakers included Darktrace CEO Poppy Gustafsson, Darren Hardman, VP & General Manager, AWS, Theo Blackwell MBE in conversation with New York City’s CTO Matt Fraser, Klarna CEO Sebastian Siemi?tkowski and The Body Coach CEO & Creative Director Nikki Wicks. More →

Is hybrid working the final cure for workplace woes or the beginning of something better?

Is hybrid working the final cure for workplace woes or the beginning of something better?

by • Comment, Wellbeing, Workplace design

hybrid workingThis year’s World Workplace Europe saw 2022 hailed as the year of the worker. A worthwhile focus considering negative emotions are on the rise, with more depression, anxiety and loneliness plaguing society despite the claimed benefits of hybrid working. The pandemic robbed us of many things. It restricted our freedom for two years and forced us to live, love and work in a way that felt a little less human. But at least there was a sense of unity, working together for the common good, a mask-muffled cry of “all for one and one for all” as people considered how their actions would and could impact others. More →

Digital transformation of small businesses could provide massive economic boost

Digital transformation of small businesses could provide massive economic boost

by • News, Technology

digital transformationThe new Digital Britain [automatic download] report from Sage claims that over half of Britain’s economic potential from tech adoption is as yet untapped. But ongoing concerns amongst small and medium sized business about cost, skills and knowledge are holding them back from taking on the digital transformation that will ensure their success and provide a massive boost to the economy. The report claims that the use of technology by small and medium businesses (SMBs) contributes £216 billion to the UK economy; but if SMBs unlock the full benefits of technology, this could add an extra £232 billion, boosting the value of tech use to the UK economy by almost double to £448 billion annually. More →

Decarbonisation of buildings key to cities hitting net zero targets

Decarbonisation of buildings key to cities hitting net zero targets

by • Environment, News, Property

decarbonisation of buildingsCity governments are setting ambitious sustainability targets, often well ahead of national goals; yet plans to tackle the carbon emissions from buildings are frequently given insufficient attention. To deliver an effective plan for the decarbonisation of buildings, partnerships with landlords, investors, developers and occupiers are essential, the report claims. In a study of 32 global urban centres, Decarbonising Cities and Real Estate, JLL’s research claims that real estate’s contribution to emissions averages 60 percent, even higher in the world’s largest business centres – as much as 78 percent in London, 73 percent in Tokyo, 71 percent in Washington, DC, 70 percent in Paris and 66 percent in New York. More →

Younger workers want flexible working, but are sceptical of remote

Younger workers want flexible working, but are sceptical of remote

by • Flexible working, News

flexible workingWhile remote and flexible working roles continue to grow in almost all countries, 20-24 year olds are the age group making the fewest applications to fully remote roles, claims a new poll from LinkedIn.  LinkedIn analysed the labour market for career starters in the U.S., U.K, France and Germany – including job applications and hiring data – to understand which sectors offer the most opportunity for Gen Z job-seekers and employers looking to attract them. More →

Competition for talent is fierce, but employers edge away from pay to attract people

Competition for talent is fierce, but employers edge away from pay to attract people

by • News, Workplace

competition for talentNew CIPD research claims that almost half (45 percent) of UK employers report having vacancies that are hard-to-fill, and almost two thirds (65 percent) anticipate problems filling vacancies in the next six months. The most common response made in the past six months by employers with hard-to-fill vacancies has been to increase pay (44 percent). However, only a quarter (27 percent) of organisations plan to raise wages in response to the competition for talent in the future. This suggests that organisations may be approaching their limit on this ‘quick win’ strategy and are exploring alternative options, such as upskilling people and flexible working, to attract and retain people. More →

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