Search Results for: employed

The American workplace is more skilled, but workers are concerned they are becoming irrelevant

The American workplace is more skilled, but workers are concerned they are becoming irrelevant 0

american-workplaceThe ‘Tectonic changes’ that are reshaping the US workplace and the response to them are the subject of a major new research project from the Pew Center in association with the Markle Foundation. The study of over 5,000 US workers carried out over the Summer found that the nature of jobs is undergoing a fundamental shift with greater emphasis on knowledge as well as analytical, interpersonal and communication skills. In response, workers are retraining and reassessing their abilities to adapt to the demands of employers. Despite this, a growing number are worried that they are becoming irrelevant and have diminishing faith in the ability of politicians, the education system and their employers to address their concerns.

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Employers must create modern cultures to retain working mothers

Employers must create modern cultures to retain working mothers 0

working-mothersWhen it comes to working mothers, too many US organisations continue to follow policies created in the 1990s, if not the 1950s. In the report Women in America: Work and Life Well-Lived by Gallup one factor emerges that has the greatest influence on women’s decision to stay in the workforce or leave, children. In the US, more than 5 million jobs are available, but women continue to drop out of the workforce in troubling numbers because despite employers  introducing family friendly policies their cultures remain out of date. Because of this, far less than half of female employees polled (35 percent) are engaged in their jobs, and nearly half of women say they are looking for or considering new jobs. Organisations have to create cultures that enable women to maximise their full potential in and out of the workplace; and those that continue to enforce outdated policies will not be able to keep up with employers who offer more choice and flexibility and greater trust and transparency.

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Businesses failing to look at workplace effectiveness in the right way

Businesses failing to look at workplace effectiveness in the right way 0

workplace-effectivenessThis month, the director-general of the Confederation of British Industry (CBI), Carolyn Fairbairn, suggested that productivity growth across all parts of the UK economy should be the number one priority for business and government. And the CBI isn’t alone in emphasising the importance of honing in on and tackling the ongoing productivity problem. According to the Organisation for Economic Co-operation and Development’s (OECD) economic forecast summary, published earlier this summer, productivity has been exceptionally weak since 2007 and doesn’t show much sign of abating nearly ten years later. Labour productivity per employee has failed to markedly rise since the global downturn and the UK is still miles behind the G7 average – that’s according to the Office for National Statistics (ONS) quarterly figures and CBI data. So, to echo Fairbairn, reviving British productivity is essential to sustain growth and living standards.

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HSBC moves 300 staff into coworking space in Hong Kong

HSBC moves 300 staff into coworking space in Hong Kong 0

tower-535-coworking-12The idea that coworking is primarily for the self-employed, tech startups and other small firms who can’t afford permanent offices in the world’s expensive cities has been challenged with the news HSBC has moved 300 staff into a coworking space in Hong Kong, according to a report in the South China Morning Post. The bank has rented the workstations in WeWork’s space in Causeway Bay, one of the world’s most expensive districts for offices and shops. The bank has taken out a large scale corporate membership with WeWork for the 300 members of its digital and transformation team. According to the report, a spokesman from CBRE claimed that the move is less about saving money than it is with providing short term flexibility in a time of economic uncertainty. However you view that, the bank is saving as much as HK$2.45 million a month with the move (£240,000 or $320,000). The annual cost savings are estimated at HK$23,640 per person.

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Two thirds of US gig economy workers would choose not to repeat the experience

Two thirds of US gig economy workers would choose not to repeat the experience 0

gig economyWhile the number of independent workers in the US gig economy is expected to grow to 54 million people by 2020 and some 40 percent of workers have already experienced it according to MBO Partners: State of Independence in America 2016, a new online poll by Deloitte of nearly 4,000 workers found that 67 percent of those who have worked as an independent contractor would choose not to do so again in future. Additionally, more than 60 percent of employed workers said that their stability would suffer if they moved to independent contract work, and 42 percent worry about sacrificing good compensation and benefits. Four-in-ten respondents (41 percent) recognise that independent contracting offers more flexibility to work where, when, and how they want to as compared to full-time employment. However, respondents cite inconsistent cash flow and lack of employer-paid benefits as drawbacks that discourage them from pursuing independent work.

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British workers miss fewer days at work than those in rest of Europe

British workers miss fewer days at work than those in rest of Europe 0

Clocking inAyming, a business performance consultancy, has released its 8th absenteeism barometer, analysing workplace absenteeism and employee engagement across Europe. The research claims that UK workers missed fewer days at work last year than anywhere else in Europe, with 84 percent of workers at work each day. That compared to 72 percent in the rest of Europe, including 71 percent in France. By gender, the proportion of women in the UK who were at work every day was 88 percent surpassing that of men (83 percent). Employees aged 26-30 had the lowest attendance record – only 71 percent missed no days at work – while employees aged 51-62 had an attendance record of 92 percent.Despite the fact that UK workers took less time off work, British workers had the smallest proportion of happy and motivated employees, at just 23 percent. By contrast, 46 percent of German and 54 percent of Dutch employees regarded themselves as both happy and motivated.

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One sixth of Australians now work from home mainly to keep up with workload

One sixth of Australians now work from home mainly to keep up with workload 0

Home workingAlmost a third (3.5 million) of all employed people in Australia now regularly work from home in their main job or business, according to figures released by the Australian Bureau of Statistics (ABS). “42 per cent of those who regularly work from home cited catching up on work as the main reason,” said Jennifer Humphrys, Director of Labour Market Analytics at the ABS. “A further 20 per cent regularly worked from home because they wanted an office or didn’t want to pay rent or overheads.” This means in effect that one in six Australians now feel unable to complete their work in normal office hours. These were some of the results from the Characteristics of Employment survey, conducted in August 2015, which collected information on the distribution of weekly earnings, working arrangements and independent contractors. “Nearly one in five employed persons usually worked shift work. Of these, two-fifths usually worked a rotating shift, which periodically changed,” said Ms Humphrys.

Disabled workers continue to face barriers in the workplace

Disabled workers continue to face barriers in the workplace 0

disabled workersA series of reports published in the past few days highlight the challenges faced by Britain’s disabled workers. The studies claim separately that disabled workers are keen to work but are less likely to be in employment and may be hiding disabilities from employers, are paid less when they are in work and that many employers do not feel they are well equipped to deal with the needs of disabled staff. The first study from Reed in Partnership and Disability Rights UK found that one in ten employers do not feel able to support a disabled employee. Meanwhile research from the Equality and Human Rights Commission (EHRC) found that employees who experience mental ill-health earn up to 42 per cent less than colleagues. A third report from Citizen’s Advice found that 40 percent of disabled people would like to work but can’t find a job. And finally a report from RIDI claims that many people applying for jobs may be hiding their disability from employers.

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Universal basic income is an idea whose time has come at last

Universal basic income is an idea whose time has come at last 0

Universal basic incomeIt is no longer a question of whether one of the world’s major economies will introduce a universal basic income for all of its citizens, but when. Over the weekend, the leader of the UK’s Labour Party Jeremy Corbyn announced in an interview in the Huffington Post that he was ‘instinctively looking’ at an idea that is already being discussed and piloted in Switzerland, the Netherlands, Norway and Canada. Corbyn may be one of the current glut of what would have once been political outliers in the Western World, but the idea of a universal basic income is one that is increasingly accepted in mainstream economic thinking. The RSA continues to campaign for it and has even put a number on it, suggesting that every UK citizen should be offered £308 between the ages of 25 and 65. Andrew Flowers offers up a masterful and detailed analysis of the economic and political issues involved in this piece on fivethirtyeight.com.

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Employers doing little to alleviate employees’ job fears over Brexit

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

Brexit job fears

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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Small firms remain sceptical about next generation technology

Small firms remain sceptical about next generation technology 0

Robots at workNew research from AXA suggests that small firms are sceptical about the prospects of technologies such as 3D printing, robotics and driverless cars affecting their workplace in the near future. While more than 40 per cent of small businesses still don’t have a website, the study of 898 firms claims that most of these plan to move online in the next twelve months. If these plans are fulfilled, only seven per cent of UK businesses will remain offline by this time next year. However, just one in five plan to migrate to the Cloud and only six per cent say they expect to adopt smart technologies. Driverless cars, which are set to hit UK roads as early as 2020, have an equally low resonance, as just eight per cent of business owners expect they will travel in one. Businesses were also highly sceptical when it comes to 3D printing. Just two per cent of UK businesses who might use the process expect to see it used here ‘during their lifetimes’.

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The gig economy must be harnessed to address skill shortages and uncertainty

The gig economy must be harnessed to address skill shortages and uncertainty 0

gig economyThe legal status of  people working in the gig economy must be clarified so that businesses and individuals can thrive, according to a new report from the Recruitment & Employment Confederation (REC).  Gig economy – The Uberisation of Work (registration needed) explores the impact of digital work platforms such as Upwork, Task Rabbit and Freelancer.com, which act as ‘marketplaces matching freelancers with a wide range of project-based work’. The report suggests that almost a third of all UK employers will  use these kinds of digital work platforms by 2021. The REC has called on policy-makers to ensure that the gig economy is fair to self-employed workers and businesses, and to secure benefits for the UK wider economy. The report claims that this will become increasingly important as the gig economy becomes more mainstream, adding £45 billion to the UK economy and creating work for 766,000 people.

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