Search Results for: financial

Employees take a dim view of organisations with poor sustainability records

Employees take a dim view of organisations with poor sustainability records

sustainabilityThe fourth research report from the Reward & Employee Benefits Association’s (REBA) Transforming Engagement [registration] series in association with Mercer Marsh Benefits suggests perceptions of a business’s approach to sustainability is influencing employee reward and benefits practices and decisions. However, many businesses are changing business practices, products and services to meet sustainability goals. REBA’s report claims that nearly eight in 10 (78 percent) respondent organisations have made changes to at least some of their products or services to meet sustainability objectives. More →

Two thirds of SME staff ‘less likely’ to go off sick when working from home

Two thirds of SME staff ‘less likely’ to go off sick when working from home

working from homeTwo thirds of people working for small and medium sized businesses say they are are less likely to take sick leave when working from home and nearly half say they feel more pressure to justify their productivity when working remotely. The poll [registration] of around 1,300 people from Breathe suggests that the pressure people when working from home can lead to counterproductive forms of digital presenteeism.  More →

One in five people have started a ‘side hustle’ in the last two years

One in five people have started a ‘side hustle’ in the last two years

side hustleOne in five (19 percent) adults in the UK have started a ‘side hustle’ since March 2020 and, almost one in six  (16 percent) claim to earn upwards of £1,000 a month from their new venture, according to new research from Aviva. Just under two thirds (63 percent) of those who started a side hustle since March 2020, the equivalent of 6.49 million people, are still active in them today. 37 percent have returned to their day jobs being their main source of income now that lockdowns are over and normality has ensued. More →

Digital transformation of small businesses could provide massive economic boost

Digital transformation of small businesses could provide massive economic boost

digital transformationThe new Digital Britain [automatic download] report from Sage claims that over half of Britain’s economic potential from tech adoption is as yet untapped. But ongoing concerns amongst small and medium sized business about cost, skills and knowledge are holding them back from taking on the digital transformation that will ensure their success and provide a massive boost to the economy. The report claims that the use of technology by small and medium businesses (SMBs) contributes £216 billion to the UK economy; but if SMBs unlock the full benefits of technology, this could add an extra £232 billion, boosting the value of tech use to the UK economy by almost double to £448 billion annually. More →

Employers must do more to encourage active travel and cycling to work, says charity

Employers must do more to encourage active travel and cycling to work, says charity

cycling to workNew research carried out by YouGov on behalf of Cycling UK claims that 43 percent of young people (18-24-year-olds) are considering changing their method of travel to include more public transport and cycling to work due to expected increases in transport costs. The findings are published as the reduction in disposable income forces households to tighten budgets and workers are forking out a greater proportion of their income simply to get to work. More →

Climate neutral buildings roadmap for EU launched by Green Building Council

Climate neutral buildings roadmap for EU launched by Green Building Council

climate neutral buildingsThe World Green Building Council (WorldGBC) has launched a new policy plan for the European Union to accelerate progress on decarbonising buildings and construction, one of the most heavily emitting sectors in the world. Developed with the support of a coalition of over 35 leading industry bodies through WorldGBC’s flagship BuildingLife project, the EU Policy Roadmap claims to be the first of its kind in Europe to address the whole life carbon impact of the built environment with the aim of creating climate neutral buildings. More →

How to prepare your business for the German Supply Chain Due Diligence Act

How to prepare your business for the German Supply Chain Due Diligence Act

German supply chain lawGlobal supply chains are incredibly complex, crossing multiple countries and borders. This complexity brings many challenges for businesses, including managing overseas suppliers, maintaining the flow of goods, and navigating currency fluctuations. One of the biggest challenges is the growing number of supply chain laws that companies need to understand and meet. More →

Firms rethink office portfolios to accommodate hybrid working

Firms rethink office portfolios to accommodate hybrid working

hybrid workingA significant majority of businesses, (68 percent) expect to be promoting a more regular return to the office by the middle of this year, according to the latest EMEA Occupier Sentiment Survey from real estate advisor CBRE. Nearly a quarter of those surveyed (23 percent) said the process is already underway, with 45 percent focussing on the remainder of H1 as the return period. However, nearly three quarters are doing so as part of a shift to hybrid working. More →

Competition for talent is fierce, but employers edge away from pay to attract people

Competition for talent is fierce, but employers edge away from pay to attract people

competition for talentNew CIPD research claims that almost half (45 percent) of UK employers report having vacancies that are hard-to-fill, and almost two thirds (65 percent) anticipate problems filling vacancies in the next six months. The most common response made in the past six months by employers with hard-to-fill vacancies has been to increase pay (44 percent). However, only a quarter (27 percent) of organisations plan to raise wages in response to the competition for talent in the future. This suggests that organisations may be approaching their limit on this ‘quick win’ strategy and are exploring alternative options, such as upskilling people and flexible working, to attract and retain people. More →

Small business owners continue to struggle with mental health

Small business owners continue to struggle with mental health

mental healthTwo out of five (40 percent) small business owners believe that their emotional recovery from the pandemic will take much longer than that of the financial disruption. And, according to a new study by Xero those investing in wellbeing initiatives were more likely to hold on to staff and grow revenues. Nine out of 10 (92 percent) small business owners experienced symptoms of poor mental health over the last two years, according to the study with the Centre for Economics and Business Research (Cebr) and Opinium. Professional responsibilities played a significant part, with more than half (52 percent) said that running their business has contributed to those symptoms. More →

Nature based solutions have the potential to transform cities and buildings

Nature based solutions have the potential to transform cities and buildings

nature based solutionsThe UK Green Building Council (UKGBC) has launched a new framework to help organisations and planners to recognise the significant value and benefit of nature-based solutions across urban developments. The report claims to reveal the scale of positive outcomes which Nature-Based Solutions (NBS) can deliver, as well as the wide range of stakeholders who can benefit from their implementation across cities and urban areas. More →

Why the over 50s are leaving the workforce in huge numbers

Why the over 50s are leaving the workforce in huge numbers

over 50s leaving workThe UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse, causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “silver exodus”. Being economically inactive means that these older workers are neither employed nor looking for a job. Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. More →