Search Results for: economy

September 7, 2016

Report published on employing older workers to help close labour gap ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

A new report – published to encourage employers to create more age friendly workplaces – warns of a widening labour gap in the UK. Between 2005 and 2015 the number of people working over the age of 50 in the UK increased by 2.5 million. By 2022, the UK economy will need to fill 14.5 million job vacancies created by people leaving the workforce and by new positions being created; but it is estimated that there will only be seven million young people available to fill them – leaving a labour shortage of 7.7 million people. Yet currently, one million older people who are not in work want to work and if just half of these were to move into employment GDP would increase by up to £88 billion a year. Business in the Community’s new report, Age in the Workplace, supported by the Centre for Ageing Better, advises employers on how to implement practical changes; such as introducing more flexible hours, which will help improve the recruitment and retention of older workers.

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September 5, 2016

Mothers with young children a third less likely to be in work than fathers ⁰

by Mark Eltringham • Flexible working, News

The growing body of evidence highlighting the challenges faced by working mothers has been broadened with the publication of a new report from the TUC which claims that mothers with young children are a third less likely to be in work than fathers. The TUC found that on average just 64 percent of mothers with children aged 0-4 are in paid work, compared to 93 percent of fathers. The analysis claims that the age of a woman’s youngest child has an influence on whether or not she works. The employment rate for mums increases by 11 percent to 75 percent for women with children at primary school (aged 5-10) and by 17 percent to 81 percent for mothers with secondary school age children (11+). For dads of pre-school children, employment rates are above 90 percent. This suggests that mothers’ work decisions are affected by regional variations in the availability and cost of childcare, transport and housing, and access to good quality flexible and part-time jobs.

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September 4, 2016

Bisley release details of The Workification of Home event ⁰

by Mark Eltringham • Company news, Events, Flexible working

On 14th September, Bisley is hosting a panel discussion at its showroom led by Professor Jeremy Myerson of the Royal Academy of Art. The event is called The Workification of Home – the future trend for the flexible workforce? Jeremy will be joined by a panel of experts to debate the blurring boundaries between our domestic and professional lives, the rise of the freelance economy, tech start ups, mobile technology and the trend for co-working, The panel will debate how these factors have penetrated the culture, design and expectation of where, when and how we want to work and how workers can manage and maintain a successful work/life blend, by creating effective and conducive spaces in the home. Joining Jeremy are: Kirstin Furber – People Director at BBC Worldwide; Sebastian Conran- Leading product and furniture designer; David Barrett – Buyer of Living, Dining and Home office at John Lewis; Amelia Coward – Founder and Creative Director at Bombus.com. The event takes place at 6pm on the 14th September at the Bisley Showroom, Great Portland Street, London.

August 24, 2016

Futurist says UK gender pay gap will close much earlier than predicted ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Following the latest report that shows that the gender pay gap is still wide open comes claims that in the UK, the gap will close within the next 30 years. That’s the view anyway of futurist, trend forecaster and journalist, James Wallman. While the World Economic Forum believes that the world-wide gender pay gap won’t close by 2133, Wallman paints a more positive picture, forecasting the UK pay gap will actually close much sooner — by 2045. His reasoning is that it’s far harder to hide wage disparity in an age of data digitisation, meaning companies are compelled to be transparent. There is manifest political will behind pay parity, with new legislation meaning that by 2018 all companies with more than 250 employees will have to publish their gender pay gap data. And he argues there are numerous economic imperatives to get women working; if the same proportion of women worked in Britain as in Sweden, it would add £170bn to the UK economy and boost GDP by 9 percent.

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August 17, 2016

Do people really matter when we design workplaces? ⁰

by Steve Maslin • Comment, Events, Facilities management, Workplace design

Some may think this is a daft question. They’ll argue that of course people matter when we design workplaces. Granted, there are those for whom the human experience of the built environment is really important. They demonstrate this it in their attitudes and actions. However, based on some of the attitudes and actions I have observed over the years, I would suggest that the belief that people really matter when some designers design workplaces for them is quite frankly all too often skin deep. How do we know this? And if we accept that it is true, it then begs the secondary question of why this should be the case. Is it entirely our fault? What might we do to address the issues? In part, we know that people haven’t really mattered enough in design because of mistakes of the past. Meanwhile, society is facing many pressing challenges, ranging from health to housing, work to economy and climate change to resource depletion.

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August 15, 2016

Brexit leads to ‘softening’ of employment market, claims CIPD survey ⁰

by Neil Franklin • News, Public Sector, Workplace

The UK’s decision to leave the EU has resulted in a softening in hiring intentions and businesses should invest in skills immediately, according to the latest CIPD/Adecco Group UK & Ireland Labour Market Outlook. The report is based on employer sentiment in the two weeks before and after the EU Referendum and claims that employers surveyed ahead of the vote were somewhat more optimistic about hiring intentions than those surveyed afterwards. It suggests that the proportion of employers expecting to increase staffing levels over the next three months dropped from 40 percent pre-Brexit to 36 percent following the vote. The net employment balance, based on the difference between the share of employers expanding their workforce and those reducing it, dropped from +21 pre-Brexit to +17 post-Brexit. However, the fall was significantly sharper among private sector employers, with the post-Brexit employment balance declining to +25 from +39.

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August 10, 2016

The solution to closing the digital skills gap starts at home ⁰

by Andrea Chadwick • Comment, Flexible working, Technology, Workplace

Much has already been written about the UK’s digital skills gap, and undoubtedly as the Government continues to develop and roll out its Digital Strategy for the nation, many more headlines will be devoted to it. For a country so focused on technological development it’s a problem which is both acute and imperative. Recent Government figures put 12.6 million Britons at risk of being left behind in terms of the skills needed for a modern economy. Parliamentary plans to address this issue focus firmly on education: including digital development as a key part of apprenticeships, encouraging vocational digital skills courses at universities, and broadening access to other educational courses to help people to learn to code. However, responsibility to upskill the nation’s workforce also resides with employers. Whether the current role demands IT skills or not, technology increasingly impacts and transforms every element of our lives.

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August 9, 2016

Time to address ‘shocking disconnect’ between boardroom and staff pay ⁰

by Sara Bean • Comment, News, Workplace

As the new prime minister Theresa May has already indicated in her tenure, the growing gap between rewards for those at the top of organisations and everyone else is hard to justify at a time when economic uncertainty is intense and corporate performance mixed. So it’s shocking to learn that the average FTSE 100 CEO earns 129 times more than the firm’s employees, receiving around £5.5 million a year, up from £4.96 million in 2014. According to the annual survey of FTSE100 CEO remuneration packages by the High Pay Centre, rewards at the top continue to grow at a double digit rate, with the most highly paid being part of an all-boys club. No woman has made it into the top ten in either of the last two years. And in contrast to the generous packages awarded to their executives, only a quarter of the 100 FTSE 100 companies are accredited by the Living Wage Foundation for paying the living wage to all their UK-based staff.

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August 8, 2016

Small business owners are sacrificing their physical and mental health ⁰

by Mark Eltringham • Flexible working, News, Wellbeing

Small business owners are working thirteen hours a week more than the UK average, negatively impacting the health of nearly a third (28 percent) of them, according to a survey commissioned by business marketplace Bizdaq. According to the Small Business Wellbeing Report, owner /managers typically work an additional 13 hours per week above the national UK average of 37 hours. Mental health is a particular concern with the reports suggesting that 660,000 owners nationwide are currently experiencing a negative impact on their mental health due to the pressures of running their business. The report also suggests that 566,000 small business owners nationwide have not taken a holiday since they started their business. The report also reveals that there is both a regional and demographic split in attitudes. Perhaps most surprisingly, younger business owners tend to be more optimistic despite current challenges including Brexit.

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August 5, 2016

Corporate real estate sector needs to step up to meet new challenges ⁰

by Mark Eltringham • Knowledge, News, Property, Workplace design

The corporate real estate profession will be influenced, disrupted and transformed in the years ahead by a powerful combination of forces that are re-shaping business strategy and operations, consumer preferences, and how and where people want to live and work, according to a new report from CoreNet Global. The Bigger Picture: The Future of Corporate Real Estate draws on the expertise of more than 30 thought leaders to provide insights from multiple perspectives beyond CRE: technology and the internet of things; risk mitigation; cyber security; environment, energy and sustainability; corporate social responsibility; the global economy; people, talent, wellbeing; and the future of cities. The report argues that CRE must deliver greater value in this dynamic business environment and a world that is changing rapidly, is more interconnected than ever before, is constantly disrupted by technological innovation, and is replete with both risks and opportunities.

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August 4, 2016

Employers doing little to alleviate employees’ job fears over Brexit ⁰

by Sara Bean • News, Wellbeing, Workplace

A majority of employers won’t delay hiring for roles (54 percent) due to Brexit, yet nearly half (48 percent) of jobseekers are concerned about finding a job post the Referendum, new research claims. The survey of both employers and candidates conducted by totaljobs following the EU Referendum, reveals that 44 percent of all candidates believe there will be more competition for jobs following the Brexit vote, while 28 percent say that Brexit has already had an impact on their job search. Nearly a fifth (19 percent) have become less selective about the jobs they apply for, compared with 16 percent who are now more selective. Of those currently employed, 34 percent are worried about their job security as a result of Brexit, whilst half (52 percent) are not concerned. Unfortunately, many employers have not yet taken steps to ease employees’ concerns, as almost three-quarters (72 percent) of employees say they have not been spoken to by their employer about the impact of Brexit.

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August 2, 2016

London firms paint a mixed picture in their post Brexit reaction ⁰

by Sara Bean • Cities, Facilities management, News, Workplace

Investment and hiring intentions remain relatively robust among London’s leading firms, despite the Brexit vote, claims a new analysis by the CBI and CBRE. Over two fifths (41 percent) of the 186 firms surveyed after the Referendum said that they planned to maintain their investment plans, with one in ten (9 percent) planning on actually increasing their plans. The demand for property from occupiers and investors also appears to remain strong. However, 16 percent of firms said they will freeze investment plans, whilst a fifth (21 percent) think they will reduce them. Half of businesses (50 percent) plan to continue to hire after the Referendum, with less than a third (29 percent) not planning to do so and 12 percent planning on reducing staff numbers. Many firms though are still considering their response to the Referendum and will be looking for a clear plan from the Government and City Hall to maintain the openness of London’s economy.

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