Search Results for: employment

Stark levels of stress among small business owners as they struggle to stay solvent

by • News, Wellbeing

Chronic work-related stress has risen sharply among small business owners, with a fifth of small business owners look to taking a job elsewhere to stay afloat this year. This is according to new research from AXA, which reveals that many are adopting short-term planning and cutting reliance on external funding ahead of Brexit. Staying agile and light is a common strategy, but may not give businesses the best chance of survival if financial cushions are not in place too. The study finds a sharp increase in financial anxiety amongst business owners. Over the course of 2018, those reporting they felt chronically stressed about their businesses increased by almost 50 percent, reaching 29 percent by year end. (more…)

The wider debate about workplaces gives facilities managers a chance to crack the code

The wider debate about workplaces gives facilities managers a chance to crack the code

by • Comment, Facilities management

The most vocal debate that has followed the BIFM’s change of identity to the Institute of Workplace and Facilities Management remains that focused on the issue of taxonomy. We are being asked to consider, as part of a sometimes bad mannered debate, whether facilities management is part of the workplace ecosystem or vice versa and which profession – typically designated as IT, HR and FM – is best placed to become the apex beast in this particular jungle.  (more…)

Basic income experiment increased wellbeing but did not encourage people to find work

Basic income experiment increased wellbeing but did not encourage people to find work

by • News

Giving jobless people in Finland a basic income for two years improved their self-perceived wellbeing but did not lead them to find work, researchers have concluded. In the trial, from January 2017 until December 2018, 2,000 unemployed Finns were paid a monthly flat amount of €560.  The aim was to see if a guaranteed payment would help people to find jobs and support them in taking on more insecure work. While employment levels did not improve, participants reported to the researchers that they felt happier and less stressed.

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TUC calls for a complete ban on zero hours contracts

TUC calls for a complete ban on zero hours contracts

by • News, Wellbeing

Zero-hours workers are more than twice as likely to work night shifts than other workers, according to new analysis published by the TUC. The analysis shows that on a range of key measures, zero-hours workers are having a tougher time those in secure employment. The TUC is now calling on the Government to ban zero hours contracts and do more to help people who work anti-social hours.  (more…)

Employee experience of the workplace does not match employer rhetoric, claims report

Employee experience of the workplace does not match employer rhetoric, claims report

by • News, Workplace

A new report (registration needed), based on a survey of UK employers and employees, claims to reveal a significant and increasing gap between employees’ experience of being employed and what employers believe this experience to be. Barnett Waddingham’s four research papers claims that while the majority of employers (61 percent) believe the levels of wellbeing in their organisation to be high, only 19 percent of the employees surveyed report high wellbeing. According to the authors, this suggests employers do not sufficiently know or understand the needs of their people.

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Women in work report highlights importance of training and apprenticeships

Women in work report highlights importance of training and apprenticeships

by • News, Workplace

Self-employed women, who earn an average of 16 per cent less than self-employed men, should be supported with greater training and development opportunities, a new report has said.  The government should also remove any barriers preventing young women embarking on apprenticeships, according to the report published by the All Party Parliamentary Group (APPG) on Women and Work.  The report, How to Recruit Women for the 21st Century, is the product of a year’s research by the APPG, which is jointly chaired by MPs Jess Phillips and Gillian Keegan.

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People who experience early redundancy have poor health in later life

People who experience early redundancy have poor health in later life

by • News, Wellbeing

People who involuntarily lose their job early in their career have poorer health in later life, according to new findings from the University of Kent in the UK and the University of Bamberg in Germany. Researchers, including Dr Olena Nizalova from the Centre for Health Service Studies (CHSS) within the School of Social Policy, Sociology and Social Research (SSPSSR) at Kent, set out to establish what the long-term implications of enforced unemployment are on individuals over the course of their life, particularly in later life.

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Business leaders lack ethical insight needed to get the best out of AI

Business leaders lack ethical insight needed to get the best out of AI

by • News, Technology

Although executives have high expectations for the impact that AI will have on their businesses according to Cognizant’s new report, ‘Making AI Responsible – and Effective, only half of companies have policies and procedures in place to identify and address the ethical considerations of its applications and implementations.  The study analyses the responses of almost 1,000 executives across the financial services, technology, healthcare, retail, manufacturing, insurance and media & entertainment industries in Europe and the US. The research suggests that business leaders are positive about the importance and potential benefits of AI. Roughly two- thirds (63  percent) say that AI is extremely or very important to their companies today, and 84  percent expect this will be the case three years from now. Lower costs, increased revenues and the ability to introduce new products or services, or to diversify were cited as the key advantages for the future.

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Mandatory reporting of ethnicity pay gap could be ‘counterproductive’ if not done right

Mandatory reporting of ethnicity pay gap could be ‘counterproductive’ if not done right

by • Legal news, News, Workplace

Reporting ethnicity pay levels could be ‘counterproductive’ if not done right

There is a ‘significant risk’ that the reporting ethnicity pay levels could be ‘counterproductive’ unless key differences between it and gender pay are recognised, said the Institute for Employment Studies (IES) in its response to the UK Government’s consultation on ethnicity pay reporting. Although the IES supports the government’s proposals to introduce mandatory reporting of ethnicity pay gap information, it suggests that cultural and practical barriers to collecting and reporting ethnicity data are greater than for gender pay. More time and greater government support are therefore needed to prepare for these changes. The consultation response voices specific concerns that measures to increase the recruitment of under-represented groups, for example through apprenticeships or paid internships, could serve to widen pay gaps initially. This could inadvertently discourage employers from taking positive action to improve their ethnic diversity. Reporting arrangements therefore need to also take account of changes in the levels of employment participation for different ethnic minority groups, as well as their pay.

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Record take up in Northern Ireland office market amid concerns over future investment

Record take up in Northern Ireland office market amid concerns over future investment

by • Cities, Facilities management, News, Property

City Quays mixed-use regeneration projectThe Northern Ireland office market had a record year in 2018, with a 100 percent increase in take-up, according to the latest figures from CBRE. The Northern Ireland (NI) office sector enjoyed its most successful year on record with 885,023 sq ft of take-up reported across 84 transactions, more than double that achieved last year. Notable office deals completed in 2018 included the PwC move to Merchant Square, Northern Ireland Civil Service at 9 Lanyon Place, Allstate at Mays Meadow, TLT at River House and Baker McKenzie at City Quays 2, which is part of Belfast’s City Quays mixed-use regeneration project. However, according to CBRE’s Real Estate Outlook report, the office market in NI is hampered by a severe lack of investment deals in the face of ongoing local, national and international political uncertainty. This means that while the real estate market in Northern Ireland generally has performed well in 2018, the investment sector experienced a decrease in activity as a resulting knock-on effect of the current political situation locally at Stormont as well as ongoing Brexit negotiations.

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Firms and their workers need to adapt more quickly to changing world of work

Firms and their workers need to adapt more quickly to changing world of work

by • Flexible working, News, Technology

Governments need to do more to help workers and firms adapt to the fast-changing world of work and drive inclusive growth, according to the new OECD Jobs Strategy. New evidence in the report claims that countries that promote job quantity, quality and inclusiveness – such as Denmark, Iceland, Norway and Sweden – perform better than those which focus predominantly on market flexibility. While flexibility and adaptability are essential to stimulate the creation of high-quality jobs in an ever more dynamic environment, the gains and costs need to be fairly shared between businesses and workers, according to the OECD.

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World Bank report calls for changing approach to working cultures

World Bank report calls for changing approach to working cultures

by • News, Workplace

A new report from the World Bank has call for more investment in people to prepare them for the economies of the future. The 2019 World Development report (WDR) “The Changing Nature of Work” claims that digital technologies are driving the demand for advanced cognitive skills, socio-behavioral skills, and adaptability in labour markets. The digital economy also presents an opportunity to create more jobs.

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