Search Results for: financial

September 23, 2022

The Great Workplace Debate continues to improve (mostly)

by Mark Eltringham • Comment, Flexible working, Wellbeing, Workplace design

The great bandwagon of bullshit that is the home v office debate looks set to trundle into a third year. What is increasingly obvious is that it is the mainstream media that is holding the reins and refusing to release them. Here’s a BBC story from this week that doesn’t exactly mischaracterise the Microsoft report on which it is based, but does place the emphasis where it doesn’t need to be. The binary headline doesn’t help, of course, except to launder the idea and drive a needless wave of social media chatter. (more…)

September 19, 2022

BDG architecture + design and FUTURE Designs, showcase AERO313 at London Design Festival

by Freddie Steele • Works Magazine

BDG architecture + design and FUTURE Designs will display the only AERO313 luminaire in the country, at Borough Yards, London Bridge, as part of this year’s London Design Festival which runs from 17-25 September 2022. FUTURE Designs was appointed by BDG architecture + design in 2020 to create this innovative custom light fixture that is a centrepiece of the latest WPP campus project in Detroit, USA. Faced with transatlantic logistics and regulations, the sheer scale of the product, as well as a global pandemic, the team involved tackled unprecedented challenges in order to deliver this ground-breaking luminaire to practical completion for a client on time and to budget. (more…)

September 12, 2022

The wellbeing of parents should be a greater concern for employers

by Gosia Bowling • Comment, Wellbeing

A recent Oxford University study revealed that levels of stress, anxiety and depression unsurprisingly rose in parents and carers during the pandemic lockdowns. Although social restrictions have now lifted, the recovery from the significant mental impact will continue to take parents some time. Now, more than ever, organisations have a key role in remedying stress and burnout and supporting working parents’ wellbeing. (more…)

September 5, 2022

Hybrid working tax consultation announced by government adviser

by Neil Franklin • Flexible working, News

The Office of Tax Simplification (OTS), an independent advisor to the UK government, has launched a review looking for evidence of trends in relation to hybrid working. The review will also consider whether the tax and social security rules are flexible enough to cope, and what businesses, advisors and other bodies are experiencing as new ways of working become business as usual. The review will also consider the implications of any developments on cross border workers.

(more…)

September 1, 2022

Established businesses must do more to support local entrepreneurs and startups

by Matthew Watts • Company news

With SME’s accounting for the employment of more than half of the UK’s workforce, supporting these businesses is of benefit to everyone while geopolitical events and the impact of the pandemic continue to cause economic uncertainty. Entrepreneurs and small businesses are vital for spurring on evolutions in our technology and creating new markets for services and products, therefore bringing about competition which in turn boosts productivity that benefits our own and other economies, helping them withstand and recover faster from financial downturns. (more…)

August 31, 2022

Half of employers support extension of statutory paternity rights

by Neil Franklin • News, Workplace

New data from the CIPD suggests that almost half of organisations support extending statutory paternity/partner leave and pay, with 29 percent of those backing an extension to either six weeks or more. In response, the CIPD is urging the Government to increase statutory paternity/partner leave to six weeks, either at or near the full rate of pay, to help families balance caring responsibilities and provide more financial support for working parents. Currently, under statutory paternity leave, employees can choose to take either one or two consecutive weeks’ leave if they have been employed for at least 26 weeks. Statutory paternity pay for eligible employees is currently either £156.66 a week or 90 percent of their average weekly earnings, whichever is lower. (more…)

August 31, 2022

People reconsider working from home in response to rising energy costs

by Neil Franklin • Flexible working, News

Around two thirds of people who can work from home say their employers aren’t planning to provide financial support related to energy costs and almost a quarter of under 35s currently working from home say they would consider coming into the office more due to rising energy prices. These are the key findings of a YouGov poll from Emburse. A sample of 1,015 British employees were asked a range of questions covering hybrid working patterns and employer financial support in light of the cost of living crisis and increasing utility bills. (more…)

August 30, 2022

Is the growing number of working mums a cause for celebration or concern?

by Hina Belitz • Comment, Wellbeing

Working mothers are a resilient group, accustomed to juggling work responsibilities and family time with aplomb. Such was the conclusion in a report from McKinsey last year. But the day-to-day challenges they face can severely test that resilience. The proportion of working mums in the UK has just matched the highest ever recorded figure. In the three months to June, 75 per cent of women with dependent children were in employment, according to the Office for National Statistics. By comparison, 93 per cent of fathers were in employment during the same period. (more…)

August 30, 2022

Working families are only three weeks from breadline, claims report

by Neil Franklin • News, Wellbeing

The latest Deadline to Breadline report from Legal & General claims that the financial resilience of working families in the UK has shrunk by a fifth since 2020, down from from 24 days to 19 days. According to the report, people overestimate by nearly six weeks how long they could fund basic living costs such as housing costs, loans/ credit card repayments, utility bills and food if they lost their income. Households have average savings of £2,431 and debts of £610. Accounting for average daily expenses of £93, this would see the average household run out of money in less than three weeks if they were to lose their income. (more…)

August 26, 2022

Automation presents some legal risks you really need to address

by James Crayton and Luke Jackson • Comment, Technology

Many think that robots making deliveries, ‘waitering’ in restaurants or working at hospitals is a long way off. However, breakthroughs in robotics, machine learning and other technologies are making automation a reality in many industries. This will accelerate in upcoming years. Indeed, the smart technologies are forecast to add a whopping $15 trillion to the global economy by 2030. Among their many advantages for businesses are increased, faster output and slashed error rates. They also give employees the time to concentrate on people processes, such as sales and marketing or client relationships. (more…)

August 25, 2022

How Microsoft’s social listening research highlighted changing attitudes to work

by Camila Angio • Comment, Technology, Wellbeing

The current state of the talent market is putting significant pressure on business. Employers are experiencing an acute skills gap, with average vacancies across industries per 100 jobs ranging between 5 and 8, according to data compiled by the Office for National Statistics in June 2022 – the highest average since records began. As more and more roles require digital skills, businesses are looking to younger generations whose upbringing may have been organically framed by digital tools, platforms and devices. (more…)

August 24, 2022

Workplace decision making is subject to a number of conflicting forces

by Neil Franklin • News, Workplace

A new survey from 15Five claims that the workplace is in a state of upheaval, with one-third of workers planning to quit their jobs despite the potential economic downturn. Conversely, nearly one in five organisations are planning on layoffs, and more than one-third of HR leaders have rescinded job offers. The poll of 1,000 US full time employees and 500 HR leaders [registration] also claims that work-life balance is a top concern for employees, behind only pay and health benefits. When HR leaders were asked what was most important to their employees, work-life balance claimed the number one spot (64.6 percent), followed by health benefits (62.8 percent) and growth opportunities (54.6 percent). (more…)