Search Results for: employee experience

The weakness of purpose and the shift to problem-solving

The weakness of purpose and the shift to problem-solving

A man with purpose and a direct approach to problemsBlackRock is one of the largest asset management companies on the planet. Each year, at the start of January, the CEO Larry Fink writes a letter addressed to the other CEOs of the world. In his New Year’s letter for 2020, Fink appealed in particular to his fellow CEOs’ sense of social responsibility. In particular, he focused in on the risks faced by the climate. “Climate risk is an investment risk,” and he called on all companies, both public and private, to create greater societal added value. “Society is looking increasingly to companies to solve social and economic problems,” he concludes, so asset managers should be encouraged to invest in companies with a ‘purpose’. (more…)

Preparing for a mental health epidemic is a shared responsibility

Preparing for a mental health epidemic is a shared responsibility

mental healthWith the continuous impact of the pandemic on people’s mental health due to isolation, work uncertainty, and anxiety over health, the topic has been dominating the news, begging the question of how we can achieve accessible and cost-effective treatment for all and prevent the expected acceleration of mental health issues in the coming months. As we juggle a different type of work-life balance brought about by working from home and the added worry of how the pandemic is affecting us, there is no doubt that our daily lives have been disrupted. The statistics are alarming; 60 percent of adults reported their mental health had gotten worse during the COVID-19 lockdown, and 51 percent said their mental health has got worse during this period. (more…)

Firms must take a more ethical approach to technology, says World Economic Forum

Firms must take a more ethical approach to technology, says World Economic Forum

The World Economic Forum has launched a new report which sets out to define how organisational leaders can influence their companies and encourage the responsible use of technology and build ethical capacity. Ethics by Design” – An Organizational Approach to Responsible Use of Technology claims to integrate psychology and behavioural economics findings from interviews and surveys with international business leaders. It aims to shape decisions to prompt better and more ethical behaviours. The report promotes an approach that focuses less on individual “bad apples” and more on the “barrel”, the environments that can lead people to engage in behaviours contrary to their moral compass. The report outlines steps and makes recommendations that have proven more effective than conventional incentives such as compliance training, financial compensation or penalties. (more…)

Corporate inclusivity efforts must include disability

Corporate inclusivity efforts must include disability

inclusivityWhen we think about inclusivity and diversity in the corporate world, we often think of racial and cultural diversity, gender, or LGBTQ+ inclusion—but one aspect that has been too long forgotten or ignored is the topic of disability inclusion. Caroline Casey, disability activist, CEO and founder of the Valuable 500 initiative, notes that though 90 percent of companies say they prioritize inclusivity in the workplace, just 4 percent of them include disability inclusion as a consideration. (more…)

Three quarters of US workers suffering from burnout

Three quarters of US workers suffering from burnout

burnoutA December 2020 online study of 1,136 employed U.S. adults carried out by wellbeing provider Spring Health claims that more than three-quarters (76 percent) of U.S. employees are currently experiencing worker burnout. The coronavirus pandemic — along with major political upheavals and natural disasters ranging from wildfires to hurricanes — has led to skyrocketing rates of depression, anxiety, and stress for U.S. employees, setting the stage for another crisis: worker burnout. Among U.S. employees experiencing worker burnout, 57 percent say worries about COVID-19 have been a contributing factor to their experiencing burnout, while 33 percent say worries about political issues have contributed to the problem. (more…)

Remote working blocks path to success for mid-size businesses

Remote working blocks path to success for mid-size businesses

Remote workingProductivity, morale and the ability to serve customers are being hamstrung by technology issues at European mid-size businesses, accordingly to research commissioned by Ricoh Europe. The research explores the remote working experience of 632 European office workers during the Coronavirus pandemic, at firms with between 250 and 999 employees. It claims that these companies are failing to adapt to the challenges of remote working, setting them up poorly for future success. (more…)

UK tech workers prefer better work-life balance to a pay rise

UK tech workers prefer better work-life balance to a pay rise

work-life balanceWhen it comes to job satisfaction, Denmark tops the list of the best places to work in digital in Europe – beating the UK, Germany and France – according to the 2020 Digital Talent Global Work Happiness Index. The Nordic country scored highly for work-life balance, family-friendly working models, purpose, personal safety and personal impact, which describes how much impact an individual feels they are making to their business.  (more…)

Freelancers stimulate entrepreneurship levels, claims research

Freelancers stimulate entrepreneurship levels, claims research

entrepreneurshipFreelancers actively promote entrepreneurship, claims research from Trinity Business School, suggesting that a 10 percent increase in freelancers within the workforce leads to a 1 percent increase in entrepreneurial activity in the economy. (more…)

Covid-19 creating career lockdown for younger workers

Covid-19 creating career lockdown for younger workers

careerWith many continuing to work remotely for the foreseeable future, new insights from Sharp claim that a significant number of European office workers are concerned for their career prospects, with over half (51 percent) anxious about issues such as keeping skills up to date, lack of training and career opportunities when thinking long term about the future of work. (more…)

Businesses risk losing top talent due to poor mental health support

Businesses risk losing top talent due to poor mental health support

mental healthAlmost half of UK businesses have seen an employee move on because their mental health wasn’t being looked after, with a quarter losing a key member of their workforce, according to new research from healthcare provider, Benenden Health. (more…)

Half of people say working from home has improved their relationships

Half of people say working from home has improved their relationships

A shining example of working from homeA new study from Perkbox claims that the increased amount of time spent at home together under lockdown has actually strengthened many people’s personal relationships. Just under half (45 percent) of employees claim that their relationship with the people they live with has become stronger during their time working from home together. 51 percent say that their relationship is the same as before, with just 4 percent feeling that their relationship is now not as strong. (more…)

Businesses must face up to risks beyond the pandemic

Businesses must face up to risks beyond the pandemic

RisksThere’s no question what has occupied the majority of attention for risk managers during 2020. But Healix International, believes the all-consuming consequences of the pandemic could leave governments and employers exposed to other risks in 2021. (more…)