Search Results for: employees

Half of UK businesses expect 2024 to be easier than 2023

Half of UK businesses expect 2024 to be easier than 2023

by • Business, News

UK businesses are hopeful for 2024 according to new research from Pleo. The CFO’s Playbook for 2024, which polled over +500 UK financial decision makers, found that almost 50 percent of UK businesses believe 2024 will be “easier” than 2023 (vs. 35 percent believing it will be harder and 15 percent anticipating that it will be the same as last year). As such, with a waning concern around inflation – a 20 percent decrease since 2023 –  businesses are targeting more ambitious goals. Nearly three quarters are prioritising cash growth, and while this was also the primary objective of businesses last year, findings show a 163 percent increase in British businesses focussed on this ambition. More →

60 percent of managers believe luck has played a part in career. Up to 40 percent don’t realise it

60 percent of managers believe luck has played a part in career. Up to 40 percent don’t realise it

by • Business, News, Workplace

Around 60 percent of managers believe that an element of luck has played a significant part in shaping their careers, according to new research by emlyon business school. Respondents stated that this luck typically came through a chance event, which could be positive or negative, but either way had a huge impact on their career. More →

Hefty fine for Amazon has implications for employee surveillance policy

Hefty fine for Amazon has implications for employee surveillance policy

by • News, Technology, Workplace

Recent advancements in employee surveillance technology and the rise in remote working have led to employers now having both the ability and the excuse to look over employees’ shouldersThe French data protection watchdog CNIL has fined Amazon France Logistique €32m, equivalent to 3 percent of the entity’s annual turnover, approaching the maximum permitted level of 4 percent. Describing Amazon’s employee surveillance as “excessive”, the regulator also cited instances where the monitoring of staff was found to be outright illegal, by breaching the General Data Protection Regulation (GDPR). More →

Three quarters of organisations never or rarely check on employee morale

Three quarters of organisations never or rarely check on employee morale

by • News, Workplace

Organisations cannot afford to neglect or pay lip service to employee morale if they want to retain talentOrganisations cannot afford to neglect or pay lip service to employee morale if they want to retain talent, according to new research from MHR [registration]. In its latest Employee Experience report – which identifies employee wellbeing as a huge component of morale – MHR reveals that 75 percent of organisations fail to regularly check in on employee needs and attitudes, for example through satisfaction surveys. More →

Many people continue to put a brave face on mental health

Many people continue to put a brave face on mental health

by • News, Wellbeing

Seven in ten employees (67 percent full time and 69 percent part time) say that they feel the need to put a brave face on things when asked about their mental health. Half (47 percent full time and 54 percent part time) report that the reason is because bigger things are going on in the world right now and they don’t wish to be a burden, whilst a quarter of full time employees (27 percent) and a third of part time employees (35 percent) don’t believe that people really want to know how they are. A quarter (26 percent full time and 27 percent part time) say they fear being judged if they open up. As a result they are feeling withdrawn, isolated and less able to socialise. More →

Firms want to embrace AI, but bewildered by range of options

Firms want to embrace AI, but bewildered by range of options

by • AI, News, Technology

The vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the marketThe vast majority of Chief Information Officers plan to increase AI tool spending in 2024, but say their teams are overwhelmed by the number of apps on the market. As a result, 77 percent are concerned about application sprawl adding to their complexity and security risks. That is according to a new report from Canva which includes insights from more than 1,360 CIOs on their priorities, opportunities and the challenges of managing their IT amid the AI boom. The company commissioned Harris Poll to survey CIOs from the UK, US, France, Germany, Spain, Brazil, Mexico, India, and Australia to understand how they’re managing application sprawl and making decisions about workplace tools in the AI era. More →

Cost of living pressures hurting productivity and wellbeing

Cost of living pressures hurting productivity and wellbeing

by • News, Workplace

three quarters (74 percent) of HR leaders fear the cost of living crisis is affecting employee performanceNew research investigating how cost of living pressures are impacting the workforce has found that three quarters (74 percent) of HR leaders fear the cost of living crisis is affecting employee performance. In the survey of 500 UK HR Directors, carried out by Nous.co, a third (34 percent) of HR leaders said they’d noticed a drop in productivity due to employees having other things on their minds. Three quarters (74 percent) said financial pressures were directly affecting employee performance. More →

People don’t want to work for firms that can’t live up to their own brand values

People don’t want to work for firms that can’t live up to their own brand values

by • News, Workplace

Being yourself has its downsidesBusinesses that lack clear brand values and a defined company purpose are at risk of losing their employees, according to a new poll from Berkeley Communications [registration]. In an international study looking at workers’ attitudes around company loyalty, the report suggests that three quarters (75 percent) of respondents believe a company’s purpose is an important aspect of their current or prospective employer and 73 percent said the same about their current or prospective employer’s brand values. More →

The three biggest disruptors of our time

The three biggest disruptors of our time

by • AI, Business, Comment, Environment, JB, Technology

When we look at the context for change, we many times just look internally at what we think needs to change for whatever reason and then set about making that happen. Rarely do we think about what is going on for the people within the organisation and just how ready they and the organisation itself are for the actual change and the disruptors that underly it. Are there the right people, systems, processes, etc in place to support the change or are there a number of elements that will hinder it?  Not to mention the fact there will be a number of external elements that could and will also either help or hinder the change one way or another. More →

Workplace design and the corrective force of rediscovery

Workplace design and the corrective force of rediscovery

by • Comment, Workplace design

rediscovering workplace designIt has become something of a preoccupation of mine to consider why so many of the conversations we hold about workplace design are largely about the rediscovery of old ideas. It may be because there are constants about how people interact with their surroundings and each other and the truisms underlying those interactions. Although these are often reframed by the amount of data we now have to support them, some things never change. More →

Age gaps between colleagues linked to lower productivity

Age gaps between colleagues linked to lower productivity

by • News

Employees who are much younger than their managers report lower productivity than those closer in age due to a lack of collaboration between employees of different generations, according to new research from the London School of Economics and Political Science (LSE) in collaboration with consulting firm, Protiviti.  An external survey conducted by LSE of 1,450 employees in the finance, technology and professional services industries in the UK and USA, found that friction between different generations was driving down productivity and that firms need to develop intergenerationally inclusive work practices. More →

Motherhood penalty means many women in tech leave due to care responsibilities

Motherhood penalty means many women in tech leave due to care responsibilities

by • Flexible working, News, Workplace

Women who have flexible working arrangements have a significantly higher retention than those who didn't. These finding emphasise the damage that the 'motherhood penalty' has on the tech industry and its ability to keep women working within it.Almost 40 per cent of female tech leavers cited caring commitments as a decisive factor in their decision to leave the industry, according to research by Tech Talent Charter. Work life balance was ranked the most important consideration, as working parents are juggling careers and full-time caring commitments, prompting the Tech Talent Charter and MotherBoard Charter to join forces to address maternity retention in tech. Women who have flexible working arrangements have a significantly higher retention than those who didn’t. These findings emphasise the damage that the ‘motherhood penalty’ has on the tech industry and its ability to keep women working within it. More →

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