Search Results for: employee

Traditional performance management fails to match new digital workplace

Traditional performance management fails to match new digital workplace 0

Performance managementPerformance management plays a key role in  helping organisations measure how effectively their employees are contributing to business objectives. Yet despite 94 percent of workforce leaders in a global survey believing performance management improves business performance, only 39 percent of them think their current practices help to achieve their organisation’s business objectives. This isn’t just the employers’ view, within the workforce, 89 percent of people believe their performance would significantly improve if changes were made. The main reason for this credibility gap is the impact digital technologies are having on the nature of both work and the workforce. In the Accenture Strategy report, Is Performance Management Performing? – 92 percent of respondents report that work is faster, more networked and collaborative, and demands ever-evolving skills. This means that organisations need to innovate to keep pace.

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Stress and sedentary working remain the UK’s greatest productivity drains

Stress and sedentary working remain the UK’s greatest productivity drains 0

StressThe effects of stress and sedentary lifestyles mean that the average UK worker loses nearly 24 days of productivity each year, according to a major new report. The study, part of an initiative called Britain’s Healthiest Workplace from VitalityHealth, Mercer, the University of Cambridge and RAND Europe surveyed 32,538 workers and claims that these two factors alone account for an average of 23.5 days of lost productivity each year, equivalent to an annual loss in GDP of £ 57 billion. Stress remains a particularly important issue with three quarters of respondents (73 percent) saying they suffer some form of stress. The two sectors most affected overall also recorded higher incidences of stress. People working in the healthcare and financial services industries lost the most days (26.6 and 24.9 days per employee a year respectively), while tech workers claim to have lost only 18.9 days per employee per year.

Employers’ and workers’ views on an engaging workplace differ widely

Employers’ and workers’ views on an engaging workplace differ widely 0

Undervalued-and-disengaged-staff-plan-to-move-jobs-this-yearBusiness growth is radically redefining how employees are managed, especially as there is greater competition than ever to hire the best people from a much more demanding employee population. Yet employees report that a lack of development, outdated processes, and discontent with the role of their managers are causing them to feel dissatisfied according to Mercer’s 2016 Global Talent Trends Study, the first to take into account the perspective of both employers and employees. While 85 percent of organisations admit that their talent management programmes need an overhaul, 70 percent are confident about filling critical roles with internal candidates, 28 percent of employees say they plan to leave in the next 12 months even though they are satisfied with their current role. Managing these challenges requires support but only 4 percent of HR professionals feel that the HR function is viewed as a strategic business partner within their organisations.

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Londoners work less flexibly than elsewhere, despite longer commutes

Londoners work less flexibly than elsewhere, despite longer commutes 0

flexible workingLondoners are less likely to work flexibly than the rest of the UK, despite having much longer commuting times. This is according to the results of new research by the CIPD which found that many Londoners are travelling for the equivalent of at least one full working day in a ‘typical’ week. They spend an average of 47 minutes travelling to work each way compared to the national average of 31 minutes, and their average travel to work time increases to 56 minutes each way, if you consider a combination of both employees who live in London and those that commute into the capital from outside the M25. The data also reveals that flexible workers in London are more satisfied with their jobs, feel under less pressure and have better work-life balance than those who don’t work flexibly.  In its policy programme, Opportunity through work: A manifesto for London, the CIPD is calling for a campaign to increase the uptake of flexible working in the Capital.

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IFMA and RICS join forces to establish a “global FM community”

IFMA and RICS join forces to establish a “global FM community” 0

IFMA and RICS global agreementWhile the debate over the fate of FM bodies; from the role of the BIFM to the demise of its trade associations the Facilities Management Association, (FMA) and its successor the Building Futures Group (BFG), rolls on; the International Facility Management Association (IFMA) and the Royal Institution of Chartered Surveyors (RICS) have gone ahead and organized their own “landmark” collaboration agreement. This aims to leverage both organizations’ existing resources in education, research, conferences and events, and external relations. IFMA and RICS also vow to work together to align credentials and qualifications to shape a single FM career path with “demonstrable professional status which is recognized and respected globally”. Another shot across the bow of the BIFM is that RICS professionals who have qualified in FM will automatically receive IFMA member benefits. In turn, IFMA members and credential holders will be able to attain RICS professional qualification and benefit from RICS’ international standards and global professional network.

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Competitive workplaces hold women back in their careers

Competitive workplaces hold women back in their careers 0

Women fighting with katana swords --- Image by © Ocean/Corbis

Women take competition with other women at work too seriously and it could be damaging their careers, new research from UCL School of Management claims. Assistant Professor Sun Young Lee found that women experience competition with same-gender co-workers more negatively than men do because female peer culture values harmony and equality, and competition is at odds with the norm of female relationships. On the other hand, hierarchical ranking and competition is natural in male peer culture, so men’s work relationships do not suffer from competing with male colleagues. But competition with female co-workers taxes women’s work relationships. Women may struggle to interact with female co-workers, becoming overly cutthroat and mean, which can restrict their career progression. The findings suggest that, for organizations with a majority of female employees, competitive practices may not be the best way to organise work.

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Friendly workplaces are less innovative, claims new report

Friendly workplaces are less innovative, claims new report 0

creativityWork friendships can contribute to a lack of creative diversity in the office, according to new research from Rotterdam School of Management, Erasmus University.‘Relational capital and individual exploration: Unravelling the influence of goal alignment and knowledge acquisition’, a paper that examines the double-edged sword of friendships between colleagues, has revealed that friendly workplaces discourage employees from challenging ‘group think’. The researchers examined 150 respondents within large R&D departments of three Fortune Global 500 firms, gauging whether their accounts of personal friendships affected individual creativity, in information obtained from their colleagues. Tom Mom, along with co-authors Pepijn van Neerijnen, Patrick Reinmoeller and Ernst Verwaal, demonstrate that by aligning themselves, employees become less likely to innovate away from the established and accepted ‘norm’.

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Women who feel valued at work will help close the gender pay gap

Women who feel valued at work will help close the gender pay gap 0

Gender pay gapThere has been much debate around the gender pay gap but aside from any instances of obvious gender discrimination is the controversial fact that women appear to be more afraid of asking for a pay rise than men. According to a recent survey by Randstad 72 per cent of women are afraid even to ask for a raise for fear of jeopardising their existing position. This clearly shows there is work still to be done to encourage women to ‘lean in’. When people start questioning the value they bring to a company they are less likely to put themselves in the spotlight, or under scrutiny, by asking for a raise or a promotion, and the key to increasing confidence is by getting genuine feedback on work performance. If you know that your work is getting recognised by colleagues and you are being praised for it, then you are more likely to understand the value of the work you are doing, regardless of what industry you are in.

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The global tension between cost and talent in corporate real estate

The global tension between cost and talent in corporate real estate 0

TightropeConcerns over the health of the global economy, workforce strategies and rising costs and pace of business are heavily influencing real estate decision-making for major corporations, a new survey by CBRE of global corporate real estate executives claims. More than 400 respondents from around the world participated in the survey. Nearly half (49 percent) cited economic uncertainty as their greatest challenge, while 43 percent identified it as cost escalation. Forty-eight percent projected a stable real estate footprint for this year. Seventy-nine percent stated that they are actively using space-efficiency initiatives to manage costs, combining ‘ground-up workplace strategies with top-down cost management initiatives’. Workplace strategies are also driven by initiatives that aim to improve collaborative working and enhance a firm’s pool of talent as well as address other workplace issues such as wellbeing and work life balance.

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Just one percent of men have taken-up UK’s shared parental leave right

Just one percent of men have taken-up UK’s shared parental leave right 0

Parental leaveOne year on from its launch and it’s emerged that just 1 percent of men have so far taken up the opportunity of Shared Parental Leave (SPL) while over half (55 percent) of women say they wouldn’t want to share their maternity leave rights. The main reasons why men have chosen not to take up SPL are financial affordability, lack of awareness, and unwillingness from women to share their maternity leave. A combined survey of over 1,000 parents and 200 businesses (HR Directors) from My Family Care and the Women’s Business Council found that taking up SPL was very much dependent on a person’s individual circumstances, particularly on their financial situation and the paternity pay on offer from their employer. It found that 80 percent of both men and women agreed that a decision to share leave would be dependent on their finances and their employer’s enhancement of SPL.  More →

What Johan Cruyff can teach us about the contemporary workplace

What Johan Cruyff can teach us about the contemporary workplace 0

_73035861_cruyffThe Dutch (and to an extent, their north European neighbours in Scandinavia) are regarded as leaders in ideas on how to improve employee engagement, productivity, wellbeing and basically putting people ahead of the capital asset. It’s why people are heading off to Amsterdam this week for the Smart Workplace Design Summit. What you might not know is that this whole approach is deeply rooted in Dutch culture. There is a distinct Dutch way of doing things. FM World is planning to explore this in a forthcoming issue in May. In the article readers will hear from organisations like Veldhoen and their adherence to the concept of activity based working (ABW). Veldhoen has a philosophy about workplace and how to improve an organisations performance. It all hinges on ABW. They won’t bother working with you unless you buy into their way of doing things. This is very Dutch. And why not. It works: Veldhoen get results.

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HR Best Practices linked to improvements in business performance

HR Best Practices linked to improvements in business performance 0

Performance management benefitsAs we outlined last week, when the positive role played by Human Resources is applied throughout an organisation – levels of motivation, retention and engagement do indeed rise. Now a new report from Top Employers Institute and HR Certification Institute® (HRCI®) reveals that better business performance – measured by higher stock prices, faster revenue growth and more favourable perception of an employer brand – is the direct result of best practice performance by HR professionals. The paper also shows that this effect has the biggest impact on business performance when it is embraced company-wide, starting at the top, and adapted smartly and sensitively by expert professionals. The paper, “Emerging Evidence: Business Performance and the Validation of HR Best Practices”, shows recent research that suggests there is evidence for HR practices driving financial results, including increased revenue growth and a rise in the value of stock prices.

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