Search Results for: employee

Firms turning to “corporate wellness” programmes as a solution for stress

Firms turning to “corporate wellness” programmes as a solution for stress

corporate wellness and stressA new report by workforce performance firm CR Worldwide (CR), drawing on data from 287,000 employees at over 120 large enterprises, claims that as the incidence and awareness of the issue of stress grows, firms have responded with a 22 percent year-on-year increase in UK spending on perceived solutions such as corporate getaways with companies now spending an average of £3,100 per person per trip. The proportion of activity or nature-based business trips involved in such wellness programmes has more than doubled to 56 percent in 2019 compared to the previous year. With human-animal interactions believed to have therapeutic effects on mental health, UK firms are also increasingly offering ‘nature tourism’, from orangutan treks in Borneo to working with endangered rhinos in Rwanda and shark diving. Husky sledging is now among the top 5 Christmas corporate travel activities for UK firms. More →

Gartner report sets out top 5 priorities for HR leaders in 2020

Gartner report sets out top 5 priorities for HR leaders in 2020

HR leadersAs 2020 approaches, HR leaders are focused on five key measures to continue driving business outcomes, according to a report from Gartner. The priorities include: building critical skills and competencies, strengthening the current and future leadership bench, incorporating organisational design and change management, driving digital business transformation, and enhancing employee experience. More →

Firms know of a link between worker experience and success, but cannot find it

Firms know of a link between worker experience and success, but cannot find it

worker experienceAgainst a backdrop of Brexit, political turmoil and a global talent war, retaining the best staff to deliver a competitive advantage has become a crucial priority for many UK business leaders – however few know how to create and deliver the best worker experience, according to new research from Kincentric. More →

A quarter of workers would accept a significant pay cut to work in an eco-friendly role

A quarter of workers would accept a significant pay cut to work in an eco-friendly role

workers willing to take pay cutRising interest in climate change among the UK population has now reached such a level that our desire to take action is impacting our careers – with over a quarter of workers (26 percent) willing to take a salary cut in order to move to an environmentally conscious company or an NGO (non-governmental organisation), according to a new survey from TotalJobs. An additional 28 percent said they would consider quitting their job to work with for an organisation they considered to be more environmentally friendly than their current one, a figure that jumps to 50 percent when applied to millennial workers, aged between 23 and 38. More →

British workers are amongst the unhappiest in the world, report claims

British workers are amongst the unhappiest in the world, report claims

Coworking provider Mindspace has announced the UK findings of its global work culture survey, which polled 5000 employees across Europe and the US. On the UK side, the survey covered 1000 employees from across the country. In what the report claims is a dramatic wake-up call for UK employers, the survey revealed that around one-quarter of British workers are unhappy in the workplace and looking to change their situations. This places the UK at the end of the line up in workplace happiness among the other countries surveyed. UK workers rated only 73 percent on the report’s happiness index, compared to 81 percent in Germany and 93 percent in the US. More →

Manifesto calls for action on disability inclusion as pay gap for disabled people widens

Manifesto calls for action on disability inclusion as pay gap for disabled people widens

two people talking to illustrate the issue of disability inclusionA leading non-profit disability and business organisation is calling on the future Government to commit to a series of actions to support businesses to deliver on disability inclusion. Business Disability Forum published its ‘Manifesto for Inclusive Change’ today (3 December) to mark the United Nations International Day of Persons with Disabilities. The manifesto calls for action in seven areas to ensure that the role businesses play in disabled people’s lives is enhanced, not inhibited, by government policy. To read Business Disability Forum’s ‘Manifesto for Inclusive Change’ go to www.businessdisabilityforum.org.uk . Follow the debate at #DisabilitySmart. More →

What you need to know about paying wages in cryptocurrency

What you need to know about paying wages in cryptocurrency

Not all of your employees will prefer to have their hard work rewarded with often volatile cryptocurrencies. However, for those already investing in it, having some or all of their salary given as a digital currency may be more appealing and convenient. Below you can find the details of what you will need, some examples of people already doing it and the obstacles you will face.

To make paying your employees a reality, both you and your workers will need to have some additional things. The first is everyone will need a secure wallet to pay the cryptocurrency in. Making sure the best wallets are chosen is vital because there is no backup to the funds stored in them like there is at a conventional bank. Anyone considering their options should not forget to check out the Luno Bitcoin wallet with exceptional safety and stellar reviews.

The other help you will need as a business is a dedicated team of bookkeepers who know how to track payments in Bitcoin – more on that shortly.

 

Companies already paying in Bitcoin

There are some firms already making the leap to paying employees in cryptocurrency. Notably, a Japanese firm has started using Bitcoin to pay staff. At the moment, this is rare as most firms find the process difficult due to some legalities and taxation issues.

Another way people have been getting paid in cryptocurrency is through freelancing work via apps. There are many apps on the market that will pay freelance workers to complete projects in exchange for Bitcoin and alike. Earn.com is one of the most established, but many similar apps are available.

 

Legalities and tax 

One of the reasons that some of the most trendy fintech startups are not paying in crypto as of yet is because it is an overly complex procedure. For some, it is just not possible as it is against the law to do so, including in many South American and Asian countries. Even in those that do not make it illegal, the taxation and invoicing practicalities of doing so put them off.

For example, in the USA you can legally pay in crypto, but all forms need to show values in US dollars and sophisticated and specialist accountants and bookkeepers would be required, which adds to business expenses.

 

Will the rules change?

It is possible that as cryptocurrencies become even more mainstream and accepted – as well as regulations are implemented upon them – the idea of paying in crypto will become not only legal, but more feasible. That day may come, but the wait until it is easy to do may be long.

For now, employees may be better swapping their fiat salaries for crypto with a trusted exchange platform and a reliable wallet.

Image by Icons8_team 

Wellbeing risks remain for majority of inactive workers

Wellbeing risks remain for majority of inactive workers

Icon of person sitting cross legged with cup of coffee to illustrate wellbeingThe vast majority (84 percent) of British workers are failing to achieve the necessary amount of physical activity recommended by the NHS to maintain their health and wellbeing. That is according to the third Wellbeing Index Report from health and wellbeing provider, Westfield Health.  The quarterly analysis focuses on the negative impact of desk jobs: over a quarter (26 per cent) spend a dangerous nine hours or more sat down; 65 per cent say they quite or very often sit continuously for one hour or more, clocking up an average of seven hours and two minutes every day. More →

Seeing red about the only home we will ever know

Seeing red about the only home we will ever know

Somewhere in the Utah desert, there is a small living pod designed to emulate conditions on Mars for a group of scientists keen to explore how we might colonise that red planet after messing this blue one up. This came as a surprise to me as did the news that Ikea has been on site recently installing some of its furniture for the occupants. Next up perhaps, an installation of Billy bookcases on the International Space Station as scientists explore the effects on people of a lost screw in zero gravity. I am Jack’s unconstrained rage. More →

HR profession needs to modernise if it is to stay relevant

HR profession needs to modernise if it is to stay relevant

KPMG HR reportFollowing the recent Gartner study describing the unpreparedness of the HR function for the future of work, another report is exhorting managers to step things up. According to the KPMG International global Future of HR survey, close to 3 in 5 (57 percent) Human Resources executives believe that if their function doesn’t modernise its approach to understanding and planning for the future needs of the workforce, it will rapidly become irrelevant within the modern organisation. More →

For the love of workplace art, where have all the walls gone?

A survey exploring art in the workplace (‘Making Art Work in the Workplace’) conducted by the British Council for Offices (BCO) found that almost 88 percent of respondents felt that “art is more relevant in the workplace than ever before”. Yet, with the arrival of the generic modern office, full of open plan space and glass partitions, we frequently find ourselves rather short of walls on which to hang any workplace art in the first place. “There are no bloody walls left’ and those that are left are glass,” protests Jack Pringle of architects Perkins+Will, pointing to the fact that traditional hanging space is on the decline.

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People need to feel comfortable about being themselves at work

People need to feel comfortable about being themselves at work

feeling comfortable at workOver a quarter of people (28 percent) in the workplace suffer bullying and/or discrimination on issues such as gender, age or sexual orientation, according to a new study. The Workplace Wellbeing Census, conducted by leading healthcare provider Bupa, found that such actions are the most harmful factors influencing workplace wellbeing at work. Women in the workplace face significant challenges with over a third (34 percent) experiencing bullying or discrimination, compared to 22 per cent of men. Women are also more than four times as likely to suffer negatively from workplace gender discrimination than men (13 percent vs 3 percent). More →