Search Results for: finance

Work-life balance trumps pay in list of employee wants

Work-life balance trumps pay in list of employee wants

by • News, Wellbeing

The majority of UK workers would choose better work-life balance over higher pay (61 percent vs. 39 percent) in both their current and future jobsThe majority of UK workers would choose better work-life balance over higher pay (61 percent vs. 39 percent) in both their current and future jobs, according to the latest Amex Trendex report which claims to reveal consumer trends and priorities for 2024. According to the report, based on a survey of adults from the UK, Australia, Canada, India, Japan, Mexico, and the United States, personal wellness, work-life balance and the environment are seen as priorities for this year. More →

Club Employés and Weavr partner to give people more choice and control over employee benefits

Club Employés and Weavr partner to give people more choice and control over employee benefits

by • Company news

European employee benefits platform, Club Employés, has partnered with embedded finance specialists, Weavr, to power a debit card solution for employee benefitsEuropean employee benefits platform, Club Employés, has partnered with embedded finance specialists, Weavr, to power a debit card solution for employee benefits, which gives employees the power to pick the perks they prefer. By expanding access to relevant benefits through the capabilities of embedded finance, employees are more likely to engage with the benefits provided by their employers. More →

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 →

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 →

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 →

Landlords and occupiers don’t see eye to eye on the decarbonisation of real estate

Landlords and occupiers don’t see eye to eye on the decarbonisation of real estate

by • Environment, Facilities management, News, Property

Progress on the decarbonisation of real estate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiersProgress on the decarbonisation of real estate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiers, according to a new report from the Urban Land Institute C Change programme. If better alignment between the two parties is not prioritised, it has the potential to increase total emissions from the built environment over the medium to long-term as real estate decisions are often medium to long-term commitments, according to the authors. More →

People have some very interesting views about their own productivity, and that of everybody else

People have some very interesting views about their own productivity, and that of everybody else

by • News, Workplace

Just as everybody thinks they are a better than average driver or more intelligent than average, a new survey from HR and payroll software provider Ciphr suggests that employees self-rate their own productivity far higher than they rate other people’s productivity levels.Just as everybody thinks they are a better than average driver or more intelligent than average, a new survey from HR and payroll software provider Ciphr suggests that employees self-rate their own productivity far higher than they rate other people’s productivity levels. They also think that people working in HR, marketing, and senior management roles are the least productive. According to the poll, UK employees perceive HR teams as being particularly unproductive, compared to other colleagues and departments in their organisations. More →

Understanding how to project financials for a startup business

Understanding how to project financials for a startup business

by • Company news

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. More →

For all its flaws, COP28 still gives us a route to a greener future

For all its flaws, COP28 still gives us a route to a greener future

by • Company news, Environment

As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future.As COP28 drew to a close, it gave those attending or observing from around the world the chance to reflect on the global commitments towards building a greener future. The UAE played host to two weeks of debate over climate change as COP28 recently rolled into town. While some questioned this region’s suitability – it being a centre of the fossil fuel industry – perhaps there is an argument to be made that this is exactly where you should hold it – to bring the issues into sharp relief. More →

Only a quarter of firms say that staff will need to work full time from an office in future

Only a quarter of firms say that staff will need to work full time from an office in future

by • Flexible working, News, Property

New research by the British Chambers of Commerce Insights Unit and technology firm Cisco, shows less than 30 percent of firms expect their workforce to be fully in person over the next five years. The survey of over 1,000 businesses, of which 96 percent were SMEs, found just 27 percent of respondents predict their staff will be fully in-person over the next five years. 47 percent anticipate their staff to be mostly in-person, 16 percent expect mostly remote and 8 percent fully remote. More →

It will take more than government funding for the world to reach net zero

It will take more than government funding for the world to reach net zero

by • Environment, News

The world needs up to $3.5 trillion of additional investments each year to reach net-zero and restore natureClimate finance was central to discussions at COP28 in Dubai and funding to reach net zero and restore biodiversity is still falling short. A new report from the World Economic Forum highlights the priorities for action and sets out how partnerships between organisations from the philanthropic, private and public sectors can create what it refers to as a positive domino effect, cut emissions at speed. More →

People are worried about the impact of new tech, but many feel confident it will benefit them

People are worried about the impact of new tech, but many feel confident it will benefit them

by • AI, News, Technology

With over a third (36 percent) of workers concerned about the impact of technological changes and what this might mean for them, a new report from Virgin Media O2 Business claims that many people believe new tech will offer them a better work-life balance. According to the report, the pandemic accelerated remote and hybrid work, mostly benefitting desk-based workers. Meanwhile, deskless workers like teachers, nurses and engineers saw limited long-term change despite many organisations comprising both types of workers. More →

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