Search Results for: employers

People and firms often have very different views on the value of meaningful work

People and firms often have very different views on the value of meaningful work

new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teamsA new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teams. The study, Augmented work for an automated, AI-driven world surveyed 3,000 global C-Suite executives across 20 industries and 28 countries. It also suggests that executives in the UK estimate that 41 percent of their workforce will need to reskill as a result of implementing AI and automation over the next three years. More →

Young Furniture Makers exhibition returns for 2023

Young Furniture Makers exhibition returns for 2023

The Young Furniture Makers exhibition, a showcase of furniture, lighting and textile designs returns to the City of London this OctoberThe Young Furniture Makers exhibition, a special one-day event showcasing furniture, lighting and textile designs from emerging designer-makers to employers and key players in the furnishing industry, returns to the City of London this October. The event, organised by The Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, will take place on Wednesday 11 October at Furniture Makers’ Hall and the Dutch Church in Austin Friars, London. More →

Lack of employee engagement continues to dog organisations around the world

Lack of employee engagement continues to dog organisations around the world

A declining share of employees said they were motivated to go above and beyond at work, or were inspired to do their best work, according to the latest employee engagement benchmark data from QualtricsA declining share of employees said they were motivated to go above and beyond at work, or were inspired to do their best work, according to the latest employee engagement benchmark data from Qualtrics. The new proprietary data – aggregated from thousands of employee engagement surveys administered in 2022 – shows symptoms of burnout and a significant drop in confidence in leaders from 2020, when the pandemic ‘upended workplaces’ around the world. The report argues that employees are willing to tell their employers that they were struggling, and if something doesn’t change, they may look for a new job. Labour productivity also reflected this drop in motivation, the report claims. More →

Zoom opens new London ‘Engagement Hub’

Zoom opens new London ‘Engagement Hub’

Zoom has opened a new London ‘Engagement Hub’ which the firm claims will  spearhead the shift from traditional office spaces to ‘experiential working hubs’. With the demand for hybrid working  and remote capabilities giving rise to unconventional ways of operating, Zoom says it has designed its new office to support the changing nature of the employee experience, marking a new era of modern work. More →

People who drive networking in businesses often end up burnt out and abusive

People who drive networking in businesses often end up burnt out and abusive

People who adopt a role as a 'networking broker', connecting other colleagues and teams who might otherwise not know each other, often end up burnt out and more abusive towards their co-workers.People who adopt a role as a ‘network broker’, connecting other colleagues and teams who might otherwise not know each other, often end up burnt out and more abusive towards their co-workers. That is the key finding of a new study from ESSEC Business School published in The Journal of Organizational Science.  These networking go-betweens often receive career advantages such as faster promotions, unique information access, or a creativity boost. They play a critical role in the functioning of the organisational. However, there can be hidden psychological and social ramifications associated with this important role as they’re also more likely to suffer the consequences of being so socially adept. More →

Remote working and mental health: generational divide continues to manifest 

Remote working and mental health: generational divide continues to manifest 

A new study commissioned by Great Western Railway claims to reveal striking generational differences in attitudes towards remote working and its impact on mental healthA new study commissioned by Great Western Railway claims to reveal striking generational differences in attitudes towards remote working and its impact on mental health. The research, which explored the effects of remote working on different age groups, highlights a growing concern regarding the isolation experienced by older employees compared to their younger counterparts. More →

Best practice for maintaining an agile workforce through upskilling

Best practice for maintaining an agile workforce through upskilling

Workforces need to evolve now more than ever. A report from the World Economic Forum claims that around a quarter of jobs will shift in the next five years. Its ‘Future of Jobs Report for 2023’ notes that though an estimated 69 million new jobs will be created, another 83 million will be eliminated. A few factors contributing to creating and eliminating jobs are macro trends—such as a rise in sustainability efforts among businesses, the localisation of supply chains, high inflation, and slower economic growth. More →

Cost of living crisis and other employee concerns are top risk concerns of businesses

Cost of living crisis and other employee concerns are top risk concerns of businesses

The managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issuesThe managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issues, according to a new poll. Employee related risks in the top five include lack of skilled talent, employee retention and cost of salaries. Despite the cost of materials continuing to rise over the last 12 months, this risk has dropped back from first place in 2022. Risks relating to debts, late payments and fraud all make an appearance in the top ten for the first time. More →

Office lease lengths may be decreasing but majority of firms will increase their footprint

Office lease lengths may be decreasing but majority of firms will increase their footprint

office lease lengths has fallen to the lowest on record and that vacancies rates had soared, office designers Unispace are suggesting firms should be wary of making 'rash decisions' regarding their office footprintResponding to reports from property management platform, Re-Leased, that UK office lease lengths has fallen to the lowest on record and that vacancies rates had soared, office designers Unispace are suggesting firms should be wary of making ‘rash decisions’ regarding their office footprint over the long term. A study published by the firm – Returning for Good – which surveyed 9,500 employees and 6,650 employers from 17 countries worldwide – claims that while employees in the UK spend the least amount of time in the office compared to any other country, there is an expectation that this will increase as workers face limited access to career progression opportunities while working remotely. More →

Flexible working bill gains royal assent, but doubts remain

Flexible working bill gains royal assent, but doubts remain

Employees across the UK will be given even more flexibility over where and when they work, according to the government, as the Employment Relations (Flexible Working) Bill receives Royal Assent

Employees across the UK will be given even more flexibility over where and when they work, according to the government, as the Employment Relations (Flexible Working) Bill receives Royal Assent. Originally a 2019 manifesto commitment to encourage flexible working, and now a private members bill from Labour MP Yasmin Qureshi, the Act will require employers to consider and discuss any requests made by their employee – who will have the right to two requests a year – within two months of a request, down from three.

However some employment law experts have highlighted some of the Act’s limitations. “It is absolutely crucial to bear in mind that this is still only a right to request – not a right to receive flexible working’, warns Hina Belitz, Partner and employment law specialist at Excello Law. “In that sense, in order to assess its efficacy and whether it will truly make a difference to the day-to-day lives of employees struggling with flexibility issues, we need further information and consideration on whether this will actually lead more people to get the flexibility they need.”Will we just see employers get better at finding clever and ostensibly fair ways to refuse these things? Will we see an increase in discrimination or similar claims linked to supposedly unfair refusals of flexible working requests? Potentially, which may prove a strain on our already full to bursting employment tribunal system.”

CIPD research shows that 6 percent of employees changed jobs last year specifically due to a lack of flexible options and 12 percent left their profession altogether due to a lack of flexibility within the sector. This represents almost 2 and 4 million workers respectively.

Workers will benefit from the following new protections once the Act is in force:

  • New requirements for employers to consult with the employee before rejecting their flexible working request.
  • Permission to make two statutory requests in any 12-month period (rather than the current one request).
  • Reduced waiting times for decisions to be made(within which an employer administers the statutory request) from three months to two months.
  • The removal of existing requirements that the employee must explain what effect, if any, the change applied for would have on the employer and how that effect might be dealt with.

Alongside the measures in the Bill, millions of workers will be given the right to request flexible working from day one of a new job. This will bring an estimated 2.2 million more employees in scope of the entitlement following a change in regulations.

The Government is also today launching a call for evidence on non-statutory flexible working to improve on knowledge of the extent of flexibility in the labour market. The aim is to increase understanding of the role of informal flexible working in meeting the needs of both employers and employees.

In response to this legislation, Acas will be updating its statutory Code of Practice following a consultation, which was launched on 12 July. The aim of the Code is to provide employers, employees and representatives with a clear explanation of the law on the statutory right to request flexible working, alongside good practice advice on handling requests in a reasonable manner.

Cost of living crisis incentivises people to work from home

Cost of living crisis incentivises people to work from home

A new report claims that rising numbers of the people in the UK are choosing to shop and work from home to make every penny countA new report claims that rising numbers of the people in the UK are choosing to shop and work from home to make every penny count as the cost-of-living crisis continues. These insights mark the launch of the second Virgin Media O2 Business Movers Index – a quarterly barometer that combines anonymised and aggregated UK movement data from O2 Motion, with national polling findings to reveal key trends relating to the behaviour of 2,000 British businesses and 1,000 UK consumers. Together, the data paints a picture of movement patterns and the trends behind them. The second quarter of this year reveals a more cash-conscious image of Britain as more of the UK public change their behaviours to cope with a tough economic backdrop. More →

 It is possible to balance the positives and negatives of stress at work

 It is possible to balance the positives and negatives of stress at work

It’s important to know the difference between helpful and unhelpful stress and what this means for employers looking to improve workforce wellbeingStress is an inevitable part of everyday life, and our bodies are hard-wired to respond to it. However, it’s clear stress takes a regular, negative toll on organisations across the country. Last year, 17 million days were lost due to stress, depression or anxiety, which accounted for 51 percent of all work-related ill health cases and 55 percent of all working days lost due to ill health. Poor mental health costs employers between £1,205 and £1,560 per employee, per year. Some of the main causes of stress in the workplace include mounting workload pressures, increased responsibilities, and a perceived lack of support from senior management. More →