Search Results for: financial

Four day week should be about people, not productivity

Four day week should be about people, not productivity

four day weekYou may well have seen the announcement that more than 3,300 workers at 70 UK companies, ranging from a chippy and a distillery to leading financial institutions, have started working a four day week, with no loss of pay, in what is described as ‘the world’s biggest trial of the new working pattern’. The pilot – which will run for six months – is being organised by 4 Day Week Global in partnership with the think tank, Autonomy, and researchers at Cambridge University, Oxford University and Boston College. (more…)

Supply chain disruption sees costs and complexity ramp up

Supply chain disruption sees costs and complexity ramp up

supply chain disruptionTwo-thirds (66 percent) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandemic period, with nearly one in five in total (18 percent) retaining ‘significantly more’ stock. This growing focus on taking innovative measures to address supply chain disruption is highlighted in new research commissioned by IFS, polling over 1,450 senior decision-makers at large enterprises across France, Germany, Nordics, USA, the UK and the UAE. (more…)

The fifteen minute city will transform the way we think about workplaces

The fifteen minute city will transform the way we think about workplaces

Paris fifteen minute cityFor most of history, there have been a small number of immovable truisms that formed the nature of what work is, and how communities form around it. While individuals have long held some agency around the structure and pattern of their work, being present in a communal workplace has been a non-negotiable reality. This need to work from an office comes wed with parallel requirements to help facilitate it. Employees have been willing to strike a compromise between where they wish to live and where they want to work through commutes, with the financial and time cost and associated stress that comes along with it. (more…)

Hard up workers look to second jobs, side hustles and help from current employers

Hard up workers look to second jobs, side hustles and help from current employers

hard up workers and second jobsNine in ten UK employees have, or would be interested in a second job, as the COVID-19 pandemic and cost of living crisis sees hard up workers keen to increase incomes and turn hobbies into enterprises according to a poll in Benenden Health’s ‘Workforce of the Future’ report. It claims that almost one in three employees in the UK currently have a second occupation (29 percent), with half of these taking up their additional role during the pandemic. Meanwhile, another survey, from Culture Amp claims that six out of ten employees in the UK believe that their employers should help with the rising cost of living. (more…)

The perfect storm shouldn’t force us to jump aboard the wrong ship

The perfect storm shouldn’t force us to jump aboard the wrong ship

For all the millions of words written and gabbed about work and its future over the past couple of years, one of the few things we can say with any certainty is that we still don’t know which parts of it all are short-term responses to events, and which are permanent long-term shifts.

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People become chameleons to fit in with strong workplace culture

People become chameleons to fit in with strong workplace culture

People struggle to express themselves authentically at work because they feel a need to conform to the tenets of the workplace culture, Dame Inga Beale, the former and first female CEO of Lloyd’s of London, told ESCP Business School. Speaking on the school’s ‘We All Make Mistakes’ podcast to the host and Professor of Entrepreneurship Ben Voyer, Dame Beale said that companies with a strong traditional culture can be resistant to modernisation as new employees are either absorbed into the current culture, or decide to leave. (more…)

Birmingham BT HQ shows road ahead for its offices and the city

Birmingham BT HQ shows road ahead for its offices and the city

Birmingham BT HQIn January of 2020, shortly before that thing happened and before we knew much about the UK Government’s ‘levelling up’ programme, Birmingham was already a city on the rise. It had recently been announced that it was to host the Commonwealth Games in 2022 and was riding the crest of a number of high-profile developments and regeneration projects, not least those that arrived on the back of the controversial high speed rail station. (more…)

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…)