Search Results for: employee

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 →

Trust is hard to find in the workplace, report suggests

Trust is hard to find in the workplace, report suggests

workplaceAs the world prepares to close the book on the unprecedented events of 2020 and looks ahead to 2021 with renewed hope and optimism, global research from The Workforce Institute at UKG explores the importance of elevating trust to a foundational imperative to create high-performing workplace cultures that better serve customers and their communities. 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 →

Workers feel overworked as a result of the pandemic

Workers feel overworked as a result of the pandemic

pandemicHardworking professionals are feeling the effects of longer working days and unpaid overtime, according to new research by law firm, Wright Hassall. The research claims that the average worker is performing nine or more hours of overtime in a given week, which totals more than one working day, compared to just three or more hours before the start of the pandemic. What’s more, 52 percent are actually doing so without being paid for this. More →

19 million annual leave days lost in the UK

19 million annual leave days lost in the UK

annual leaveAs lockdown restrictions and tier systems continue to cause chaos, Direct Line Travel Insurance claims 16 million UK workers still have unused annual leave as we near the end of 2020. With many unsure what to use holiday for as they are unable to go away or socialise with people, more than 19 million days of annual leave look set to be lost by UK employees. More →

Small businesses suffer most furlough stress

Small businesses suffer most furlough stress

furloughNew research from absence intelligence company e-days, claims that stress levels have spiked twice in 2020 following the changes to the furlough schemes. These peaks were especially noticeable in organisations with fewer than 250 employees as the effects of the pandemic proved more challenging for small and medium sized businesses (SMEs). 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 →

Employers should explain their monitoring policies to workers

Employers should explain their monitoring policies to workers

The number of companies monitoring their employees is growing. According to a Gartner survey, more than 22 percent of employees use employee movement data, while 17 percent of them are monitoring computer usage. With companies choosing to monitor employees, privacy laws are also catching up, and thus there is a need for explaining employee monitoring to prospective hires. Employee monitoring is defined as the use of monitoring devices and methods by companies to learn about their employees’ workplace behaviours and performance. 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 →