Search Results for: employee experience

Direct causal link between wellbeing and corporate performance, claims study

Direct causal link between wellbeing and corporate performance, claims study 0

A new report published by IZA World of Labor claims that a rise in workers’ happiness and wellbeing leads to an increase in productivity. The study from economist Dr Eugenio Proto, of the University of Warwick’s Department of Economics and Centre for Competitive Advantage in the Global Economy (CAGE) concludes that companies would profit from investment in their employees’ wellbeing. It cites the experience of large companies that have recently highlighted the importance of employee wellbeing in their company profiles. The authors claims that, until recently, evidence for a link between employee wellbeing and company performance has been sparse and that their own study shows a positive correlation between a rise in happiness and an increase in productivity. Proto believes  that finding causal links between employee wellbeing and company performance is important for firms to justify spending corporate resources to provide a happier work environment for their employees and that the available evidence suggests that companies can be encouraged to introduce policies to increase employee happiness.

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Millennials more tuned-in to discrimination at work than other generations

Millennials more tuned-in to discrimination at work than other generations 0

Millennials have widely divergent experiences and attitudes toward diversity and inclusion within the workplace than older generations, claims a new US-based report. In the research from the Institute for Public Relations (IPR) and Weber Shandwick into the importance that people place on diversity and inclusion (D&I) when considering a new job found that 47 percent of Millennials consider it an important criterion in their job search compared to 33 percent of Gen Xers and 37 percent of Boomers. Nearly six in 10 of all employed Americans (58 percent) report that they see or hear about some form of discrimination and/or bias at their workplace, most frequently racial or ethnic in nature (22 percent). Millennials are significantly more likely than older generations to be attuned to such behaviour at work, and also much more comfortable discussing these issues at work than their older colleagues. The survey also asked respondents why they believe employers emphasise diversity and inclusion in the workplace. All three generations cited “To make it a better place to work” among their top three reasons. Millennials also recognize increased opportunities while reputational benefits and outside pressures are noticed by Gen Xers and Boomers.

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Commuting – stressful, annoying or just another opportunity?

Commuting – stressful, annoying or just another opportunity? 0

Unless you work at home you will have to commute to work in some form or another and for many people this part of the day can become such a negative factor it can impact on productivity, job satisfaction and even cause depression. However, what if we tried to look at commuting in a different light? What if we took a step back and attempted to turn all those wasted hours into something good and maybe even something productive? Depending on what source you read and when the study was done the average commute in the UK is between 50 minutes and 1 hour 38 minutes. This mean in any given working week most people are spending around 10 to 16 hours getting to and from work. If this amount of “down time” appeared during the working day business owners and managers would take it very seriously indeed. However, as the time falls outside of the employees work remit and essentially the company doesn’t need that person before and after work it is not discussed. The problem is, employees do feel like it is part of the working day and this leads to resentment, stress, fatigue and possible depression not to mention lower productivity.

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Are these the best places to work in 2017?

Are these the best places to work in 2017? 0

1_expediaRecruitment site Glassdoor has announced the winners of its ninth annual Employees’ Choice Awards to find the best places to work in North America and parts of Europe. The Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review, about their job, work environment and employer over the past year. This year, the Glassdoor Employees’ Choice Awards feature six categories, honouring the Best Places to Work across the UK, US (both large and small companies), Canada, France and Germany. There is one category in the UK: 50 Best Places to Work (honouring employers with 1,000 or more employees). Winners are ranked based on their overall rating achieved during the past year.  The top five UK Best Places to Work in 2017 are Expedia, ARM, HomeServeUK, Mott MacDonald and Hays plc

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Business as usual for recruitment and retention in post-Brexit Britain … for now

Business as usual for recruitment and retention in post-Brexit Britain … for now 0

BrexitOn 24 June 2016 Britain voted for Brexit. The shock (and narrow) victory caused country-wide concern among the 48 percent of the voting public that favoured remain – apprehension seemingly justified by the immediate weakening of the pound, Cameron’s resignation and the start of ongoing political in-fighting. Speculation over job losses and potential hiring freezes added to a general sense of uncertainty, leaving some UK workers fearing their job security. Since then however, recruitment experts have somewhat softened their predictions for the UK job market as recent reports of month-on-month vacancy growth and record high employment rates have served to inspire confidence.  Five months on, how has job applicant sentiment changed in the UK since the EU referendum vote? And what does this mean for businesses hiring in post-Brexit vote Britain? As part of our ongoing tracking of candidate confidence levels in the job market and their career prospects we analysed the responses of almost 28,000 job applicants across the UK and Republic of Ireland – from all ages, experiences and sector disciplines – to gauge how perspectives might have changed pre- and post-Brexit.

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Majority of employers believe automation will create more jobs than it will replace 0

A new report published by Capita Resourcing claims that 85 percent of employers believe workplace automation will create more jobs than it will replace in their organisation in 10 years’ time. The main benefits to businesses and employees over this period are likely to be enhanced productivity (76 percent) and new skills development (54 percent). The ‘Workplace More Human’ report surveyed the attitudes of 200 business leaders in medium to large organisations and 1,000 full or part time employees. It revealed that the workplace is currently undergoing rapid transformation with over half (54 percent) of employers already automating business processes that were once performed by people. A further 39 percent plan to automate more processes in the next 12 months.

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Employers urged to find ways of motivating and retaining older workers

Employers urged to find ways of motivating and retaining older workers 0

Employees over 50 still have a huge amount to offer, and that is why employers need to develop and implement strategies to find ways of managing and retaining them. The results of a three year study – led by Nottingham Trent University with Workplace Innovation Limited – aimed at preventing the loss of vital knowledge, skills and experience of increasingly ageing workforces indicate that measures should be taken by employers to ensure older workers don’t become demotivated and head into early retirement. The first-of-its-kind study follows findings which reveal that by 2030 the number of people aged over 55 in high-income countries will have grown to 500 million. As part of the study, researchers found that interventions which seek to improve job design and the way in which work is organised can lead to better engagement and retention of older workers – as well as producing wider benefits for the business and its employees. The project investigated work-related predictors of retirement for the over 50s, finding that manageable job demands and more control over roles were key factors in delaying a decision to retire.

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Gender earnings gap in tech sector is significantly higher than national average

Gender earnings gap in tech sector is significantly higher than national average 0

homepage-insideThe high tech sector may pride itself on offering some of the most attractive and modern workplace environments, but when it comes to equal parity between the sexes it seems out of date. New research from Mercer claims that at 25 percent, the gender earnings gap in the UK’s high tech sector is significantly higher than the national average (18 percent). The consultancy also found that small companies have the largest gap, with a 30 percent difference in (median) pay between all male and female employees, and a 26 percent gap when considering mean base salaries. This difference reduces as company sizes grow. Where the data allowed comparison of pay between women and men in equal job roles, the pay gap was much smaller, typically 8 percent. This is comparable to the UK norm of 9 percent for this type of analysis. The reasons for this gap is due on further analysis to a multitude of factors including the reluctance of many women to enter the tech field, not enough effort being put into promoting women and a lack of will in promoting flexible working patterns.

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Number of people who commute over two hours a day increases by a third

Number of people who commute over two hours a day increases by a third 0

Number of people who commute over two hours a day increases by third

One in seven UK employees commute over two hours or more each day. This represents an increase of nearly a third (31 percent) over the past five years, which claims the TUC, is due to a combination of low wages, high house/rental prices and the government’s lack of transport infrastructure spending, According to a new analysis by the union to mark Work Wise UK’s Commute Smart Week, in 2015 3.7 million workers had daily commutes of two hours or longer – an increase of 900,000 since 2010 (2.8 million). In 2015 one in seven UK employees (14 percent) travelled two hours or more each day to and from work, compared to one in nine in 2010 (11 percent). UK workers spent 10 hours extra, on average, commuting in 2015 than they did in 2010. This is the equivalent of an extra 2.7 minutes per day. London (930,000) has the highest number of employees who make long commutes, followed by the South East (623,000) and the East of England (409,000); while workers in Northern Ireland (+57 percent) have experienced the biggest rise in long commuting, followed by the South East (+37 percent) and the West Midlands (+27 percent).

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Two thirds of female professionals’ jobs downgraded after career break

Two thirds of female professionals’ jobs downgraded after career break 0

Two thirds of female professionals' jobs downgraded after career breakA lack of flexible roles means that two thirds of professional women who return to work after a career break, work fewer hours than they prefer or go into lower-skilled or lower-paid roles, claims new research by PwC, in conjunction with Women Returners and 30% Club. 427,000 UK female professionals are currently estimated to be on a career break and likely to return to the workforce in the future. Of those, three in five (249,000) are likely to enter lower-skilled roles when they return to work. This has serious implications for earnings as this downgrading is associated with an immediate 12-32 percent reduction in hourly earnings, depending on whether the woman remains with the same employer. A further 29,000 women returning to part-time work would prefer to work longer hours but are unable to due to a lack of flexible roles. Altogether, two-thirds of (or around 278,000) women could be working below their potential when they return to the workforce.

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Gender pay gap and inequality is fuelling division in the workplace

Gender pay gap and inequality is fuelling division in the workplace 0

Gender pay gap and inequality is fuelling division in the workplace

Following the United States’ vote against electing their first ever female President, a new port claims that gender inequality in the workplace is still rife and is causing divisions. Men are nearly twice as likely as women to feel comfortable asking for a pay rise (41 percent vs 25 percent) according to research by totaljobs. Taking a UK average across all roles, levels, industries and regions without consideration for job roles, qualifications and experience, women typically expect to get paid a salary of £25,468, compared to £32,030 for men a difference of £6,562, that’s 20 percent less than men.  Similarly, the data showed men get higher annual bonuses too, with 43 percent of men likely to receive a bonus compared to only 38 percent of women. The pay gap can also lead to tensions in the workplace as the research shows that nearly a quarter (23 percent) of women believe their male counterparts are paid more for carrying out the same role, while, 58 percent of men believe men and women receive equal pay, compared to just 44 percent of women.

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The changing workplaces of Australia’s law firms; more in common with hotels than offices

The changing workplaces of Australia’s law firms; more in common with hotels than offices 0

m11795_n10Features such as baristas, sky terraces and fine dining will continue a process of transformation at the workplaces of Australia’s leading law firms over the next few years, claims a study by Melbourne based architecture practice Bates Smart. The report claims that the legal workplaces of today are are already unrecognisable compared to what was considered typical yesterday, having more in common with a five star hotel than a traditional office. Bates Smart predicts an even greater shift towards flexibility, collaboration and hospitality from legal firms in the future with the publication of four key findings in its new whitepaper, The Legal Workplace 2020, The report analyses trends in over 135,000 sq. m. of legal practice workplaces and draws conclusions that are indicative of key trends for law firms and the wider market alike.

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