Search Results for: finance

Digital workplace accelerates blurring of lines between IT, HR and finance roles

Digital workplace accelerates blurring of lines between IT, HR and finance roles 0

by • News, Technology, Workplace

To help ‘organisations thrive in a competitive digital marketplace’, Oracle and the MIT Technology Review have released a new study that highlights the importance of collaboration between finance and human resources (HR) teams with a unified cloud. The study, Finance and HR: The Cloud’s New Power Partnership, outlines how a ‘holistic view into finance and HR information’, delivered via cloud technology, empowers organisations to better manage continuous change in the workplace. Based on a global survey of 700 C-level executives and finance, HR, and IT managers, the study claims that a shared finance and HR cloud system is a critical component of successful transformation initiatives.

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Flexible hours key to achieving gender balance in finance sector 0

by • Flexible working, News, Workplace

Improvements in flexible working are among the key steps being taken to help achieve gender balance within the financial services sector, according to the UK Treasury. Financial services is the country’s highest paid sector but has the widest gender pay gap, at 39.5 percent, compared with 19.2 percent across the economy. The ‘Women in Finance Charter’, was set up by the Treasury earlier this year to publish progress on gender balance annually and reports that of the 72 firms who signed the charter, 60 have now committed to having at least 30 percent of women in senior roles by 2021. Alongside gender diversity targets, these firms have set out strategies for how they’ll hit these targets, including improving flexible working, making recruitment gender neutral and distributing high profile work more fairly.

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TMT and finance sectors drive demand for London office construction

TMT and finance sectors drive demand for London office construction

by • Facilities management, News, Property

London-cranes-3The total level of office construction in central London has increased over the past six months, fuelled by the greatest volume of new space to start since 2011, the latest Deloitte London Office Crane Survey has revealed. With a rise of 24 per cent over the past six months, a new wave of office construction in central London is under way across almost all submarkets. This comes at a time when the level of available office space is at its lowest for seven years, with current market conditions still suggesting a short-term supply shortage. However, the ramping up of new developments over the last six months has come too late to significantly alter the delivery of new space in 2015. TMT and the financial sector are driving up demand for more office space.

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It’s worth exploring alternative forms of finance for office fit out

by • Comment, Facilities management, Workplace design

Fit-out-1You can’t help but notice that there has been a shift in recent years for us to become the consumers of things we were once obliged or wanted to own. We watch films on Netflix, listen to music on Spotify and share cars with strangers through BlaBlaCar. As both individuals and businesses we rent software rather than own it and in the growth of serviced offices and co-working spaces we see the same forces at work. The attractions of this approach are obvious, not least in keeping down the costs of things we may not want to keep in the long term and leaving ourselves free to make different choices in the light of rapidly changing circumstances. So it’s no surprise that economic uncertainty is just one factor that has driven an increase in asset financing at the same time that we have seen a permanent change in spending patterns.

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UK staff showing higher levels of happiness – except those in finance sector

by • News, Workplace

Happiness at work in increasingFresh evidence that those working within the financial sector must be in it for the money as, following the news earlier this week that they get the least amount of sleep, they’re also the most unhappy with their work. A third (32%) describe themselves as unhappy at work compared to the 78 per cent of those working in sales, media, and marketing who class themselves as happy. Overall, the number of British workers who are happy at work has jumped by a fifth (20%) compared to this time last year according to Office Angels’ ‘Happiness at Work’ study. More than half (56%) of workers stated they were happy at work during quarter two 2013, compared to just a third (36%) during quarter two 2012.  More →

Flexibility not finance motivates Generation Y workers

by • Knowledge, News, Workplace

Gen-Y view work as a thing rather than a place that requires a traditional nine to five routine,

Millennial or Generation Y workers are not the bunch of entitled youths we’ve been led to believe. Those born between 1980 and 1995 say they would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards. PwC’s NexGen survey reveals that millennials view work as a thing rather than a place that requires a traditional nine to five routine, so are more likely to stay in a job if they feel supported and appreciated, are part of a cohesive team and have greater flexibility over where and how much they work. This contrasts with the non-millennial generation, who place greater importance on pay and development opportunities.

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Green Building Council says Scotland has abandoned its role as a leader on climate

Green Building Council says Scotland has abandoned its role as a leader on climate

by • Environment, News

The UK Green Building Council – which represents some of the UK’s biggest names in the built environment, including housebuilders, banks, social housing providers, local councils, developers, estates and engineering companies and universities – responds to the Scottish Government’s decision to scrap its 2030 climate target. More →

Microsoft is world’s most valuable B2B brand, NVIDIA the fastest growing

Microsoft is world’s most valuable B2B brand, NVIDIA the fastest growing

by • Business, News

Microsoft tops 2024 B2B Brand Valuations, NVIDIA is world’s fastest-growing B2B brand Microsoft remains the world’s most valuable B2B brand, achieving a substantial 60 percent increase in B2B brand value to USD220.4 billion, according to the latest report by Brand Finance, the world’s leading brand valuation consultancy. The B2B brand value of Microsoft accounts for the majority of Microsoft’s total brand value of USD340.4 billion, which includes both B2B and B2C components. More →

If you want a high paying job, remote work is now less of an option

If you want a high paying job, remote work is now less of an option

by • Flexible working, News, Workplace

According to the latest data from the careers website Ladders, the availability of remote positions with salaries exceeding $200,000 has seen a drastic reduction. The High Paying Jobs Competition Index, a report by Ladders, indicates that only 12 percent of such jobs are now available remotely, a steep decline from the 37 percent recorded in the third quarter of 2022. This trend is evident across both technology and non-technology sectors. More →

Highly organised CEOs can hold back a firm’s flexibility in times of change

Highly organised CEOs can hold back a firm’s flexibility in times of change

by • Business, News

CEOs who prioritise planning and organisation can find their skills make them a hindrance to their organisations when it comes to adapting to external changes, according to new research from Durham University Business School. The researchers say that this is because organised CEOs tend to be more rigid in their practices, thus making it more difficult for them to change their ways. The researchers also found that CEOs who are anxious and can get stressed easily also make it difficult for the organisation to adapt quickly. More →

Wannabe entrepreneurs likely to ignore important financial warnings

Wannabe entrepreneurs likely to ignore important financial warnings

by • Business, News

Wannabe entrepreneurs are highly likely to ignore poor financial performances in order to pursue their dream, according to new researchWannabe entrepreneurs are highly likely to ignore poor financial performances in order to pursue their dream, according to new research by emlyon business school and ESC Clermont Business School. The researchers found that in the early stages, new entrepreneurs are so blinded by their dreams of becoming successful, they believe entrepreneurial spirit can get them out of a difficult situation. More →

Third of businesses say they are more likely to hire contractors this year

Third of businesses say they are more likely to hire contractors this year

by • News, Workplace

Just under a third (32 percent) of UK employers plan to hire more contract workers this year, according to a new report [registration] from recruitment company Robert Walters. Over a quarter (29 percent) report being encouraged to do so by the upcoming IR35 offset rule – coming into effect in early April. Not only that, but a January report from KPMG & REC found that demand for temporary professionals continued to increase softly across the private sector towards the end of 2023 – boding well for this year’s hiring. More →

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