Search Results for: employee experience

Businesses told to consider the interests of workers and other stakeholders in new code

Businesses told to consider the interests of workers and other stakeholders in new code

The Financial Reporting Council (FRC) has published its new Corporate Governance Code in a bid to improve trust in UK business. The new Code will remain on the “comply or explain” basis mandatory for which it has been criticised in the past, but has been broadly welcomed by industry bodies. The code sets out a number of recommendations aimed at improving culture and trust in business, of which it suggests at least one be applied. They include having a director appointed from the workforce, a formal workforce advisory panel and a designated non-executive director. The Code will apply to accounting periods from January 2019 and is applicable to all companies with a premium listing.

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A beauty industry veteran makes the case for corporate wellness

A beauty industry veteran makes the case for corporate wellness

Wellness is a term that today transcends the consumer and business worlds, but it is so much more than a buzzword.  Today, the wellbeing of employees is essential for organisations to flourish, so much so that the term has in many ways replaced ‘productivity’ as the way to measure the success of an organisation. Both the beauty and workplace design sectors are very personal areas of high emotional involvement. There is a very real and physical contact with these products — in beauty, women are particularly (and increasingly men too) engaged in developing a customised routine because it gives them a sense of happiness, wellbeing and identity.

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Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflictImproved living standards, deflating pension pots and legal protection against age discrimination have all helped to nudge up the retirement age. The result is that for the first time since the Industrial Revolution five generations of employees are now working side by side. According to a new survey, two thirds of organisations (66 per cent) say that an age diverse workforce helped the company to have a more comprehensive skillset and knowledge base and more than seven in ten (71 per cent) felt that a multi-generational workforce brought contrasting views to their organisation. However, in the YouGov survey of middle market businesses commissioned by RSM, four in ten companies (41 per cent) said that a multi-generational workforce also increased the risk of conflict in the workplace. (more…)

Quarter of British workers have a side hustle as well as their main job

Quarter of British workers have a side hustle as well as their main job

Academics at Henley Business School have revealed a growing trend in ‘side hustles’ which shows that as many as 1 in 4 people in the UK are running at least one business project alongside their main day job, contributing an estimated £72 billion to the UK economy. Henley has published a white paper on the emerging side hustle economy. Its study of over 500 business leaders and 1,100 UK adults found the trend is now happening at an unprecedented pace across the UK.  A side hustle is defined as a secondary business or job that brings in, or has potential to bring in, extra income. 73 of people who start a side hustle do so to follow a passion or explore a new challenge, but there are financial benefits too, with side businesses contributing 20 percent to side hustlers’ income.

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Why you should definitely stand in meetings (and not care what others think about it)

Why you should definitely stand in meetings (and not care what others think about it)

People who stand in meetings may enjoy a number of health benefits, but it can also make them feel self-conscious, anxious about how others perceive them, and disengaged from the meeting. These findings, taken from our recent study, suggest that efforts to encourage office workers to sit less and move more must acknowledge the realities of the workplace that conspire to keep people chained to their seats. Sitting has been linked to adverse health outcomes, including increased risk of obesity, heart disease, some cancers, and poorer mental health. While some evidence suggests that the harms of sitting can be offset by at least one daily hour of moderate physical activity, this seems an unrealistic target. (more…)

Ten demonstrable truths about the workplace you may not know

Ten demonstrable truths about the workplace you may not know

workplace designThe science of the workplace has gained a lot of interest over the last few years, highlighting recurring patterns of human behaviour as well as how organisational behaviour relates to office design. In theory, knowledge from this growing body of research could be used to inform design. In practice, this is rarely the case. A survey of 420 architects and designers highlighted a large gap between research and practice: while 80 percent of respondents agreed that more evidence was needed on the impact of design, 68 percent admitted they never reviewed literature and 71 percent said they never engaged in any sort of post-occupancy evaluation. Only 5 percent undertake a formal POE and just 1 percent do so in a rigorous fashion. Not a single practitioner reported a report on the occupied scheme, despite its importance in understanding the impact of a design.

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How limiting non-work related web use affects security and productivity

How limiting non-work related web use affects security and productivity

Spiceworks has announced the results of a new survey examining the use of web filtering in the workplace and the implications of restricting certain online behaviours. The results indicate among organisations that don’t restrict non-work related web use, most employees (58 percent) spend at least four hours per week, the equivalent of 26 workdays per year, on websites unrelated to their job. In other words, based on the median U.S. salary of $45,812, these organisations are paying full-time employees approximately $4,500 per year to spend 10 percent of their time consuming non-work-related web content.

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Global employers focus on mobile talent to help support new ways of working

Global employers focus on mobile talent to help support new ways of working

Global employers focus on mobile talent to support future ways of workingThe digital era, ageing populations, skills shortages, and unpredictable political and economic contexts are persuading multinationals to focus more on mobile talent, new ways of working and assessing the cost of expatriate packages for international employees that are critical to the future of work. This is according to Mercer’s 24th annual Cost of Living Survey which reveals that factors such as instability of housing markets and fluctuating inflation, currencies and prices for goods and services, are impacting the cost of doing business in various cities around the world. UK cities have significantly risen in the ranking this year. (more…)

Capability is a common cause for dismissal, but many organisations lack the right policy

Capability is a common cause for dismissal, but many organisations lack the right policy

‘Capability’ is one of the five fair reasons for dismissal. However, it can be split into two distinct parts; inability to perform the job as a result of incompetence, and inability to perform the job through sickness absence. Some companies blur the two and have one policy to cover both, but I’ve always found that to be confusing. A disciplinary policy should cover poor performance or misconduct. A capability policy describes the process that needs to be followed when someone is either on repetitive short-term leave, or long-term sick leave, to assist with their return to work, or eventual fair dismissal.

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Pay rates for senior management reflect longer working hours argues CMI

Pay rates for senior management reflect longer working hours argues CMI

Pay rates for senior management reflect long working hours argues CMIBusiness Secretary Greg Clark proposed new laws in Parliament yesterday (June 11th) that new large firms will have to justify their chief executives’ salaries and reveal the gap to their average UK worker. It means that for the first time, UK listed companies with more than 250 UK employees will have to disclose and explain this difference – known as ‘pay ratios’ – every year. However, according to data published today by the Chartered Management Institute (CMI) and XpertHR, basic salaries for senior managers have fallen in real terms, with inflation overtaking pay increases for the first time in five years. At a time when government are shining a light on executive pay, and linking it via a ratio to workforce pay, separate CMI research has found managers worked an extra 44 days a year last year over and above their contracted hours – up from 40 days extra in 2015. The same research found 59 percent of managers are ‘always on’, frequently checking their emails outside of work and one in 10 had been forced to take sick leave because of stress.

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Coworking is breaking away from its cultural and geographical stereotypes

Coworking is breaking away from its cultural and geographical stereotypes

There is a persistent image of a coworking space as a sort of glorified serviced office for tech and creative startups who can’t afford the eye-watering rents in the areas they need to be. This is usually in the technology hothouses of the world’s major cities where they can work alongside the corporate giants and fellow innovators that thrive there. The reason such perceptions exist is because they are largely true. It’s no coincidence that coworking spaces have thrived up till now in the world’s most expensive property markets – in London, Hong Kong and New York, serving exactly the sorts of start-ups and freelancers who rely on proximity to their potential clients.

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Not funny. Women twice as likely to be negatively affected by workplace banter as men

Not funny. Women twice as likely to be negatively affected by workplace banter as men

Not funny. Women twice as likely to be negatively affected by workplace banter as menOne in 10 women blame workplace banter for causing mental health issues and are twice as likely as men to have been negatively affected by workplace banter, according to a new report by The Institute of Leadership & Management. Banter: Just a bit of fun or crossing the line? found that more women (twice as many at 20 percent) were made to feel less confident than their male colleagues due to the negative banter they experienced and 10 percent of women said banter has had a negative impact on their mental health, compared to just three percent of men. The survey also revealed that those at the mid-way point in their careers (31-40 years) are most affected by banter. This age group reported loss in confidence, drops in performance and poor mental health due to experiencing negative banter. They also said they avoided work situations and skipped work socials. The findings showed that over a third of graduate trainees have been left embarrassed by banter and people (over 1 in 4) in their first job are more likely to avoid work socials than any other group as a result of banter.

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