Search Results for: economy

Designing a better workforce: how workplace design can impact wellbeing

Designing a better workforce: how workplace design can impact wellbeing

A cartoon of a man painting a mountain to de-stressIn a recent survey, 95 percent of office workers said their physical work environment is important for their wellbeing and mental health. However, half believe their current working environment does not have a positive effect on their mental health, wellbeing, mood and productivity. The issue of employee wellbeing has risen up business’ agendas in recent years, and, as part of the drive for better mental health support for workers, companies are looking at ways in which the physical workplace can improve the mental health of their employees.

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Radical new environmental approach is needed to fix the global system, claims report

Radical new environmental approach is needed to fix the global system, claims report

Entire systems change and fewer ‘sticking-plaster’ solutions from world leaders are urgently needed to address global challenges, reveals a report from sustainability non-profit, Forum for the Future. The report calls for urgent collaboration between governments, businesses, NGOs and investors to avoid climate change disaster and secure the future of our society and economy. The Future of Sustainability 2019: Driving systems change in turbulent times reveals a ‘perfect storm’ of seven factors that are set to impact sustainability in the future – including climate migration, nationalism, plastics and biodiversity loss. More →

UKGBC claims built environment members are leading the way in sustainability

UKGBC claims built environment members are leading the way in sustainability

UKGBC reports ambitious approach to sustainability by built environment membersMany built environment businesses are adopting increasingly ambitious sustainability commitments reports the UK Green Building Council in its third annual report ‘Leading the Way’. This presents trends and analysis from research conducted as part of UKGBC’s annual Sustainability 360 Reviews, which look at sustainability trends and insights amongst UKGBC’s 50 industry-leading Gold Leaf member businesses.

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More than two-thirds of the megacities of the world will be located in Asia by 2025

Robust economic growth and rapid urbanisation over the last few decades has resulted in the creation of a number of megacities in Asia. Against this backdrop, 33 out of the projected 49 megacities will be located in the region, according to GlobalData, a data and analytics company. The City Economics Database reveals that megacities were home to nearly 8.35 percent of the world’s population and contributed 15.50 percent to total global GDP in 2018. Of the world’s 40 megacities in 2018, 26 were located in Asia. GlobalData forecasts that the number of megacities will increase to 49 and more than two-thirds of these megacities (including 19 in China and six in India) are expected to be located in Asia by 2025.

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The new issue of Work&Place, the most influential workplace journal in the world, is now available for free download

The new issue of Work&Place, the most influential workplace journal in the world, is now available for free download

We have published the latest Work&Place issue for Spring 2019. As always, it offers a diverse compilation of timely and provocative perspectives focused on the intersections between and among work, the workplace, technology, culture, and business strategy. You might start with Rob Harris’s call for shooting the messengers in his (highly responsible) rant on the dearth of meaningful research about the business value of open offices and the all-too-frequent unfounded claims about how wonderful open plan is.

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Men are less likely to be stressed by long hours at work, research suggests

Men are less likely to be stressed by long hours at work, research suggests

Men who work long hours are less likely to become depressed than women who have similarly time consuming roles, a study from researchers at University College London and Queen Mary University has found. The study of more than 20,000 adults published in the Journal of Epidemiology and Community Health, found that women who worked 55 hours or more a week had 7.3 per cent more depressive symptoms than those on a standard 35-40 hour week. No significant link was found for men working the same hours.

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A four day week, people-watching at work, the art of AI and some other stuff

A four day week, people-watching at work, the art of AI and some other stuff

While the recent Finnish pilot of universal basic income had mixed results, a trial of the other most talked about solution to our problem with work – the four day week – has been reported as far more promising. A New Zealand financial services firm called Perpetual Guardian switched its 240 staff from a five-day to a four-day week last November and maintained their pay. The results (registration) included a 20 percent rise in productivity and improved staff wellbeing and engagement.

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The biggest problem for city centres is a lack of high skilled jobs

The biggest problem for city centres is a lack of high skilled jobs

The Centre for Cities, in partnership with George Capital, has mapped the UK cities with the strongest city centre economies in the UK, and identified their common features. The report City Centres: Past, Present and Future found that focusing on the struggles of certain high streets ignores the success of well-performing city centres and misdiagnoses the core problem: insufficient footfall in city centres due to a lack of jobs.

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Vast majority of organisations still struggle with videoconferencing

Vast majority of organisations still struggle with videoconferencing

The overwhelming majority of enterprises (90 per cent) report that they experience challenges when connecting to video conference calls. This is according to a new survey from StarLeaf, conducted by Vanson Bourne, which includes responses from 500 IT decision-makers and Line-of-Business leaders in the UK, France, Germany, and the US and from a broad spectrum of private sector enterprises (with over 1,000 employees) with the aim to understand attitudes towards the general use of video conferencing systems.

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SMEs intend to increase their headcount by over a fifth this year

SMEs intend to grow their headcount by over a fifth this year

Although official figures from the ONS show a decline in consumer spending throughout much of 2018, optimism amongst small businesses remains high, with UK SMEs hoping to grow their headcount by an average of 21 percent over the next 12 months. The new research from Opus Energy claims that half (51 percent) intend to grow their business in terms of people, with some even predicting they’ll increase their workforce by 50 percent. IT (39 percent), health (33 percent) and financial services (28 percent) were the sectors expecting the most growth. Even in the worst affected sectors, growth was still predicted. Half (50 percent) of retailers still expected to grow in 2019, at an average of 19 percent. 65 percent of food and beverage producers predicted an average headcount increase of 18 percent and 69 percent of manufacturers expected to grow at an average of 14 percent; despite facing the uncertainty of Brexit and the “death of the high street”.

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It is time for organisations to embrace the digital workplace

It is time for organisations to embrace the digital workplace

It is time that organisations embraced the digital workplaceWith the rise of both cloud-based technology and the worldwide gig economy, the last ten years of the 21st century have seen some near-revolutionary changes in workplace practice. Entrepreneurs everywhere have been more than happy to make use of these developments, taking advantage of the new business models these changes have brought. For example, IDG found that 73 percent of the organizations that they surveyed have at least one application already in the cloud, and according to ONS, since 2010 there has been a 25 percent increase in the number of non-employer businesses in the private sector, a change attributed to the growing popularity of the gig economy. However, despite all the advances in workplace culture, thousands of workers in the UK are being left behind in outdated modes of work.

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Productivity only a priority for a third of employers as skills shortages persist

Productivity only a priority for a third of employers as skills shortages persist

Despite its importance to the economy, productivity is only a priority for 36 percent of employers and only half (50 percent) use the term when discussing organisational performance according to the latest Labour Market Outlook from the CIPD and the Adecco Group. And LMO data suggests that employers are overconfident when it comes to assessing their own productivity, with just 7 percent believing their organisation’s productivity is below average. More →