Search Results for: employee satisfaction

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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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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Global case for healthy green building provided ‘for first time’

Global case for healthy green building provided ‘for first time’ 0

12495813 - green buildings with tree over grass. illustration

A global business case for healthy green building design and management has been provided ‘for the first time’ in a new report from the World Green Building Council with examples of the benefits to employers, building owners, designers and developers. The new report Building the Business Case: Health, Wellbeing and Productivity in Green Offices highlights ‘the global momentum behind healthy and green office design and operation’ and showcases over 15 buildings from around the world.  The research provides further evidence in the ways that green offices keep staff healthy and happy, improves productivity and boosts business’ bottom line. Steps like improving air quality, increasing natural light and introducing greenery – those which typically have environmental benefits such as using less energy – may also have an impact on the bottom line by improving employee productivity and reducing absenteeism, staff turnover and medical costs, according to the report.

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Toxic culture at work a leading grievance for unhappy staff 0

resignation lettersNearly a third of UK workers (30 percent) would not describe themselves as happy at work and would move jobs for better benefits and a more pleasant workplace culture, a new survey claims. The report by Perkbox finds that the power of ‘Thank You’ in business is an overlooked and often underestimated resource, yet its influence to elevate moods, increase engagement and uplift productivity is profound. Over two thirds (69 percent) of UK workers polled rate company perks and benefits as important to their overall satisfaction and more than a quarter (26 percent) rate lack of reward and recognition for good work as their number one grievance at work. Yet over half (53 percent) of UK companies do not formally recognise outstanding employees on a regular basis, while 44 percent believe that rewards and recognition are either very or extremely relevant to their business. UK workers also reported that a toxic negative culture at work was their biggest grievance (cited by 21 percent of respondents) while 17 percent highlighted micro management and 15 percent said long hours. In London, nearly half (48 percent) of workers would be likely to switch to a job that offered better benefits and overall women are more likely than men to consider work/life balance an important factor in switching jobs (41 percent vs 35 percent).

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High earners much more likely to be offered flexible working

High earners much more likely to be offered flexible working 0

flexible working mother

We may all be aware that the way to attract and retain working parents – particularly mothers – is by offering them flexible working options, especially with the growing body of evidence that the gender gap increases among working women with children. But although it’s still a challenge for any working women who aspires to moving up the corporate ladder, they usually have more options than their lower paid colleagues who can’t afford expensive childcare. This is why it’s all the more depressing to learn that it’s only the high earners who are being given the option of flexible working. According to research carried out by charity Working Families to promote National Work Life Week (Oct 3-7), high earning parents who bank more than £70,000 a year are 47 percent more likely to work flexibly than those earning between £10,000 and £40,000. (more…)

Call for work life balance to help preserve relationships and health

Call for work life balance to help preserve relationships and health 0

Flexible workingMore than a third of UK workers (35 percent) say that their work schedule is detrimental to their relationship with their partner, nearly one in five (18 per cent) say their job has caused arguments, and eight per cent admit that work was a major factor in the breakdown of their relationship. This is according to research, commissioned by Coople that suggests the extent to which work is ruining relationships, causing arguments with partners and even taking a toll on sex lives. Nearly one in 10 (nine per cent) say the pressures faced at work has had a negative impact on their sex life and one in five (20 per cent) report their work has led to a decline in their health and wellbeing, citing stress and depression. Unsurprisingly, the survey also found that 54 per cent of people value a good work life balance in a job the most, above wages, career progression, doing something meaningful in their work or any employee benefits.

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Intelligent lighting can enhance workplace wellbeing and productivity

Intelligent lighting can enhance workplace wellbeing and productivity 0

Good lighting can enhance a workplaceThe main driver of the growing interest in wellbeing in recent years has undoubtedly been absenteeism. But workers don’t have to be ‘absent’ from the workplace to hamper productivity. Presenteeism, where employees are present but not productive can also influence the long-term success of an organisation. The interaction between the worker and their work environment has a huge influence on an individual’s wellbeing and overall productivity, with employees’ performance more likely to be enhanced when they are immersed in a comfortable and stimulating environment. This can include all the usual stipulations, such as a well-designed workstation, a comfortable office temperature and carefully considered and appropriate lighting. In fact, improved lighting is an essential element in the overall mix, not only because of the cost savings that their energy efficiency brings but also in the way lighting contributes to workplace wellbeing and people’s performance.

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How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo

How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo 0

marissa_new4_400x400When former Google employee Marissa Mayer joined Yahoo as its CEO in 2012, she inherited the company’s vast problems. Though it was once seen as one of the first tech behemoths, Yahoo’s inability to come up with ground breaking products like Google and others, put it in a slow, steady decline. Mayer was immediately tasked with trying to reinvigorate the stagnating company. Her focus was to find a way to identify and retain talent, while phasing out ineffective employees. However, Yahoo’s new management policies have brought about much debate and criticism from HR experts. A controversial book by journalist Nicholas Carlson titled “Marissa Mayer and the Fight to Save Yahoo!” paints a highly critical view of Mayer’s first years as CEO. In response others have defended her, arguing that she has done the best she can with the resources available, but has become a scapegoat for poor management, like so many other women in powerful positions.

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Third of people have nobody to talk to about stress, claims report

Third of people have nobody to talk to about stress, claims report 0

stressA new survey by office products supplier Viking claims that a third of workers suffer from stress and yet have no one to talk to about it. The authors of the study claims that these findings correlate strongly with people’s overall levels of fulfilment at work, with 46 percent of those surveyed saying they had negative thoughts about their job several times a week. When it comes to a person’s working environment, the results showed that office workers were more stressed than those working from home. Factors that contributed to these stress levels included working overtime, not taking enough breaks, having no one to talk to, job satisfaction, pressure to succeed. It’s no surprise that a lack of breaks is causing stress, with half of office workers admitting to taking no breaks at all during the day, excluding lunch. Conversely, a massive 61 percent of people working from home said they took two to three breaks throughout the day.

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Workplace design that hands people control is the key to their wellbeing

Workplace design that hands people control is the key to their wellbeing 0

Workplace DesignGiving employees more control over workplace design is the single most important contributing factor to their wellbeing, according to a new study. The Workplace & Wellbeing report examines the workplace design factors that influence wellbeing. The research team discovered that an invitation to participate in the design of the work environment raised levels of wellbeing, although increasing the level of participation did not necessarily increase the level of wellbeing. The research was led by the Royal College of Art’s Helen Hamlyn Centre for Design in partnership with architects Gensler and supported by a consortium of leading industry names: Milliken, Bupa, Royal Bank of Scotland, Kinnarps and Shell. The context for this project lies with a current ‘wellbeing deficit’ in the workplace which means absence from work costs the UK economy more than £14 billion a year according to the Confederation of British Industry.

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A quarter of workers would turn down higher wages to get work perks

A quarter of workers would turn down higher wages to get work perks 0

Company-PerksA quarter (25 percent) of British workers would be willing to accept a lower salary in return for better ‘work perks’ a new survey claims. Employment bonuses, such as flexible working, a company car or free food have become increasingly popular over the last few years, which explains why 55 percent of UK workplaces already offer work perks, the survey suggests. Workers in Wales are most likely to accept a lower salary with almost a third saying they would accept a position for less money if it had better perks. The survey was commissioned by Printerland.co.uk to explore attitude towards benefits, asking 2,000 workers about the kind of perks they already receive and which bonuses they wish they had. The research claims that the most common perks offered are flexible working (51 percent), financial bonuses (50 percent), free food (32 percent), company phones and tablets (21 percent) and company cars (11 percent).

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