Search Results for: financial

Firms struggle to get a grip on people data despite workplace challenges

Firms struggle to get a grip on people data despite workplace challenges

by • News, Technology, Workplace

A new CIPD survey of business leaders claims there is a significant mismatch between the scale of the challenge that workplace issues currently pose to businesses and how often workforce issues and people data are discussed by senior leaders.A new CIPD survey of business leaders claims there is a significant mismatch between the scale of the challenge that workplace issues currently pose to businesses and how often workforce issues and people data are discussed by senior leaders. In response, the CIPD is warning that organisations are unlikely to perform well in the long term unless decisions taken at a board and executive management level are informed by an in-depth and evidence-based understanding of the value and risk their workforce poses. (more…)

The business case for the retrofit of existing buildings keeps getting stronger

The business case for the retrofit of existing buildings keeps getting stronger

by • Environment, Facilities management, Features, Property

The news last year that the M&S flagship Orchard House store on Oxford Street in London was to be demolished to make way for a new mixed-use development of shops, offices, restaurants and a gym sparked a very British sort of debate about the pros and cons of retrofit and refurbishmentThe news last year that the M&S flagship Orchard House store on Oxford Street in London was to be demolished to make way for a new mixed-use development of shops, offices, restaurants and a gym sparked a very British sort of debate about the pros and cons of retrofit and refurbishment. This is M&S after all. It may not be the cultural touchstone it once was but it remains an institution. But the debate was also about some things you might expect right now, including the ongoing deterioration of Oxford Street, the loss of a landmark building (and an art deco one at that) and the suitability of the ten-storey, mixed-use development that was to replace it. (more…)

Cost of living driving employees to seek new jobs or more help from employers

Cost of living driving employees to seek new jobs or more help from employers

by • News, Wellbeing, Workplace

A large majority (84 percent) of employees are experiencing stress and anxiety due to the cost-of-living crisis, yet two-thirds of employers aren’t offering any financial or emotional supportA large majority (84 percent) of employees are experiencing stress and anxiety due to the cost-of-living crisis, yet two-thirds of employers aren’t offering any financial or emotional support. This is the key claim in a new report from Workhuman which suggests that employees across the UK are struggling with the ongoing cost-of-living crisis, with 62.5 percent considering leaving their current job if their employer doesn’t recognise their financial struggles or does nothing to support them. The survey of 1,000 full-time employees across the UK also claims that 77 percent of employees said their employer could be doing more to support them financially and emotionally through the current crisis. (more…)

How the 21st Century office was born in post war Europe

How the 21st Century office was born in post war Europe

by • Features, Workplace design

Central Beheer Building There was a curious addition to a 2016 report on the Top 10 Technologies Driving the Digital Workplace from tech researchers Gartner. It wasn’t a technology at all but rather a slightly obscure office design concept that originated in Hamburg in the late 1950s, but which tells us a lot about how we work in the 21st Century office, according to Gartner. Its history lies with the German consulting firm Quickborner. Led by the brothers Eberhard and Wolfgang Schnelle, the firm applied the egalitarian principles of the post war world and rejection of the scientific management theories that had created the familiar factory-like rows of desks that had come to dominate open plan offices to create something more in tune with the new age.

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Rising costs will oblige more companies to offer flexible working

Rising costs will oblige more companies to offer flexible working

by • Flexible working, News

Two thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talentTwo thirds of UK businesses believe offering flexible working to their employees is crucial if they are to successfully retain and attract talent, according to a new report. Businesses don’t believe they cannot compete on salary alone and are instead offering flexibility to stay competitive. Over half (52 percent) of businesses have increased salaries to attract talented workers, but say wages rises can’t continue at the rate they have been going. The second Future World of Work report from Sonovate is based on quantitative research from 4,000 people and 500 small and medium-sized business owners, as well as qualitative interviews with commentators from the future of work, employment and fintech sectors. (more…)

Employee mental health will improve next year, say firms

Employee mental health will improve next year, say firms

by • News, Wellbeing

employee mental health and wellbeing Nearly three quarters of UK organisations expect employee mental health to improve in 2023 as they open up about mental wellbeing according to a new poll from Koa Health. The study, conducted in partnership with 3Gem Research and Insights, claims that half of employers say they plan to talk more about mental health in company communications as teams continue to struggle with the cost-of-living crisis and its impact on mental health. A further 44 percent say they will openly and visibly practise mental wellbeing habits in the workplace.   (more…)

How businesses can support employee wellbeing over a difficult festive period

How businesses can support employee wellbeing over a difficult festive period

by • Comment, Wellbeing

Wellbeing at ChristmasWhen we think about the festive period, the financial pressures that Christmas brings, amid rising energy bills and not having enough to eat shouldn’t be first and foremost on our minds. With thirty million people employed by businesses in the UK, that is a huge number of employees who could benefit if employers acted now to support them and their wellbeing. This winter has been extremely challenging for many people across the UK. And for the first time since 2009, the UK is in recession. (more…)

New study claims people who can work remotely come into the office for less than two days a week

New study claims people who can work remotely come into the office for less than two days a week

by • Facilities management, Flexible working, News, Workplace design

A global study of 220 offices in 33 countries, representing nearly 250,000 employees, has revealed that hybrid working is becoming established as the norm for those who can work remotely. Those people now come into the office an average of just 1.5 days a week, versus nearly four days a week before the Covid-19 pandemic. AWA’s second Hybrid Working Index study, conducted between September and November this year, found that on average people go into the office 29 percent of the time. Among employers surveyed in both the first study, in the summer, and this one, attendance was steady at around 25 percent. (more…)

Millions now able to request flexible working on day one of employment

Millions now able to request flexible working on day one of employment

by • Flexible working, News

Millions of employees will be able to request flexible working from day one of their employment, under new government plans to make flexible working the default. Flexible working doesn’t just mean a combination of working from home and in the office – it can mean employees making use of job-sharing, flexitime, and working compressed, annualised, or staggered hours. The raft of new measures will give employees greater access to flexibility over where, when, and how they work, leading to happier, more productive staff. Flexible working has been found to help employees balance their work and home life, especially supporting those who have commitments or responsibilities such as caring for children or vulnerable people. (more…)

Women far more likely to have disadvantageous flexible working arrangements

Women far more likely to have disadvantageous flexible working arrangements

by • Flexible working, News, Wellbeing

An illustration of a women slumped at a table with a laptop, to illustrate the specific challenges of flexible working for womenWomen are much more likely than men to be in flexible working arrangements that mean they lose hours, and therefore pay, according to new TUC analysis of official statistics.  The findings have been published, a year after the government closed its consultation on flexible work, and ahead of the next committee stage of Yasmin Qureshi MP’s private members bill on flexible work. (more…)

Employees avoid telling employers about less visible disabilities

Employees avoid telling employers about less visible disabilities

by • News, Wellbeing

The silhouette of a group of four people in an office window overlooking LondonTwo in five (43 percent) employees with a less visible disability haven’t disclosed it to their employer, according to a new poll.  The research from healthcare provider Bupa claims that not wanting to ‘cause a fuss’ (30 percent) or be treated differently (25 percent) were the key reasons for keeping their condition to themselves. Nearly a quarter of those affected (23 percent) haven’t told their employer about their condition due to worries that they wouldn’t be believed, while one in five (20 percent) expressed concerns that their disability might impact their career opportunities. (more…)

Cost of living will become biggest challenge for HR over the next year

Cost of living will become biggest challenge for HR over the next year

by • News, Workplace

A new poll from employment law and HR consultancy firm, WorkNest, claims that 70 percent of HR professionals believe that the cost of living will be their most significant challenge for 2023. This was closely followed by retention (69 percent) and recruitment (55 percent). A third of those questioned also see skills shortages (34 percent) as a significant HR challenge next year, and employee engagement (24 percent).   (more…)

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