Search Results for: finance

SMEs are driving job growth but lack skills says OECD

SMEs are driving job growth but lack skills says OECD

Small and medium-sized enterprises (SMEs) have been a significant driver of employment growth in recent years, mainly through the creation of new firms, including in high-growth sectors such as information and communication technologies (ICT). But the new OECD SME and Entrepreneurship Outlook claims to highlight how most SME job creation has been in sectors with below average productivity levels, with SMEs typically paying employees around 20 percent less than large firms. While SMEs are more engaged in new organisational or marketing practices than large firms, and sometimes more innovative in developing new products and processes, many continue to struggle disproportionately with developing the skills and resources needed to navigate the increasing complexity in technologies and markets.

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Increase in number of FTSE 100 CEOs from tech backgrounds

Increase in number of FTSE 100 CEOs from tech backgrounds

Digital disruption leads to rise in FTSE 100 CEOs from tech backgroundsDigital disruption has led to a rise in the number of FTSE 100 CEOs with a background in technology, but age, education and gender diversity remain stagnant, claim the results of the annual Robert Half FTSE 100 CEO Tracker. It shows that the proportion of FTSE 100 CEOs with a background in technology has increased by 27 percent in the last year, with 14 percent of CEOs now having a background in the sector. More →

Property investors cool on issue of climate change

Property investors cool on issue of climate change

The Earth from space, illustrating how fragile the planet is in the face of climate changeAccording to a RICS global survey of Commercial and Construction market professionals, in the UK, 47 percent of respondents reported that climate change risks are not important or irrelevant for investors. In addition, while 25 percent reported that there is more interest in energy efficient buildings than two years ago, 37 percent noted that investment into energy efficient buildings was limited to niche investors. The study concludes that it still appears that other considerations take precedence in the UK for investors, and the UK is lagging behind China and Hong Kong in this area, where 41 percent reported that energy efficient buildings are increasingly seen as an attractive form of investment. The issue of responsible investment, will be being discussed on the 13 and 14 May at the RICS World Built Environment Forum, Summit in New York. More →

Retention of EU workers no more difficult for many UK employers

Retention of EU workers no more difficult for many UK employers

More than half of UK companies say the referendum result hasn’t affected their ability to retain EU staff so far, according to  research from REED. Despite this positive news, the poll of nearly 500 UK senior professionals for its research revealed that a third singled out getting access to EU workers as the biggest issue for their organisation around Brexit. However, there is also strong support for getting access to the EU market (44 per cent) with 70 per cent of those asked wanting a close relationship with the EU when and if the UK leaves the EU. More →

UK should phase out greenhouse gas emissions by 2050, claims government report

UK should phase out greenhouse gas emissions by 2050, claims government report

productivity and environment greenhouse gasThe UK can end its contribution to global warming within 30 years by setting an ambitious new target to reduce its greenhouse gas emissions to zero by 2050, the Committee on Climate Change (CCC) has said in a report today. But the habits of people and organisations will have to change dramatically. Ten years after the Climate Change Act became law, now is the right moment to set a more ambitious goal. Achieving a ‘net-zero’ target by the middle of the century is in line with the UK’s commitment under the Paris Agreement; the pact which the UK and the rest of the world signed in 2015 to curb dramatically the polluting gases that cause climate change. More →

The best tall buildings in the world are announced

The best tall buildings in the world are announced

The Council on Tall Buildings and Urban Habitat (CTBUH) has announced the winners of the 17th Annual CTBUH Awards Program. These winning projects – comprising tall buildings, urban developments, and technical innovations – competed for winning distinctions at the 2019 Tall + Urban Innovation Conference from April 8–10 in Shenzhen. The CTBUH Awards Jury has named Salesforce Tower in San Francisco designed by Pelli Clarke Pelli as the “Best Tall Building Worldwide”, in addition to naming Category Winners across 20 award categories. More →

Personal financial worries are increasing workplace stress

Personal financial worries are increasing workplace stress

financial stressEmployers need to understand more about the impact of personal financial worries on workplace mental health, but are struggling to agree best practice standards to address the issue, new research from MetLife UK claims. More than six out of 10 (61 percent) senior HR executives have seen a rise in financial wellbeing issues affecting employee mental health and work performance, the nationwide study from MetLife UK suggests. More →

The ladder of life, the death of work, the cane toad of property and some other stuff

The ladder of life, the death of work, the cane toad of property and some other stuff

A large and colourful team of people work together to create a human towerWe start with a question. Why hasn’t the gig economy killed traditional work?, asks Greg Rosalsky and goes on to explain what many people have now realised. The answer, as Greg points out, is that the gig economy doesn’t replace traditional work, never has, and the rise of casual work of this kind has primarily been a way for people to deal with a volatile labour market and shrinking real incomes. Offer them the choice of a decent monthly income, benefits and a contract and most of them will take you up on it.

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The pursuit of happiness, lumpy tech, space science and some other stuff

The pursuit of happiness, lumpy tech, space science and some other stuff

A community of people on a headlandUnderlying most of the stuff you read about the workplace is the quest for happiness. Indeed happiness has become something of a preoccupation for those pondering the issue at the apex of social and economic thinking, as epitomised by Gallup with its latest World Happiness report. As always, the Gallup report stumbles over definitions of happiness, often using the word interchangeably with wellbeing and stuffs it with other ideas without explaining how or even whether they contribute to happiness.

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Interiors are not enough to win the war for talent

Interiors are not enough to win the war for talent

I often refer to Google and Facebook in my blog, due to their influence on workplace design. Many consider them to be workplace interior’s holy grail. But today’s big employers are competing with one another on a much broader set of principles. Cool interiors alone just won’t cut it. Zürich, like many European cities is home to a large number of global brands, with bustling financial services and tech sectors. I regularly hear of people with multiple job offers taking a job with a lower salary, rather than accepting a role in a company that doesn’t reflect their ideals. This decision can be influenced by office design and facilities, career development options, corporate culture and much more. More →

Feeling appreciated and the quality of workplace both key to employee happiness

Feeling appreciated and the quality of workplace both key to employee happiness

The quality of the workplace has a powerful effect on the levels of happiness of staff, with nearly half of respondents (49 percent) to a recent survey stating that having a great office environment is important to their happiness at work, but according to the figures, only a quarter (25 percent) say a good workplace environment is a current positive about their work. The survey from Peldon Rose also found that less than half (45 percent) of employees actually feel appreciated at work and only two-thirds (67 percent) report feeling happy. Yet the majority of workers (80 percent) who took part, believe that feeling appreciated is most important to their happiness at work – ahead of salary (58 percent) and feeling trusted (55 percent).

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Demotivated workers would be driven by higher pay and more flexibility

Demotivated workers would be driven by higher pay and more flexibility

Almost a third (31 percent) of UK professionals state that their expectations are ‘not being met at all’ by their current employer, whilst a further 24 percent state that their needs are only just ‘moderately’ being met. The findings, which come from research undertaken by recruiter Robert Walters and job board CV-Library – also suggest that while the amount they were paid was most important to staff, other benefits are increasingly playing a more prominent role in keeping staff motivated. Well over half (61 percent) claimed that work-life balance, flexible working hours (39 percent), and cultural fit (25 percent) are crucial to keeping them happy at work. More →