May 16, 2022

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

New 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…)

May 12, 2022

Small business owners continue to struggle with mental health

by Neil Franklin • News, Wellbeing

Two 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…)

May 11, 2022

Nature based solutions have the potential to transform cities and buildings

by Jayne Smith • Architecture, Cities, Environment, News

The 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…)

May 2, 2022

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

by Carlos Carillo-Tudela et al • Features, Wellbeing, Workplace

The 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…)

April 14, 2022

Half of large office occupiers plan to rethink their property requirements

by Neil Franklin • News, Property

Larger office occupiers are getting to grips with the fallout following the pandemic and are now reassessing their office property needs, according to a new YouGov survey commissioned by law firm Irwin Mitchell. The survey of over 500 office property decision makers shows that nearly half (46 percent) of large businesses and (39 percent) of medium sized companies plan to rethink their office space- whether by upsizing, downsizing, or relocating. The survey shows that one in five large businesses plan to increase their existing office space, with the same proportion looking to reduce space and 5 percent to relocate. In addition, 11 percent are looking to reconfigure their existing space. While 37 percent plan to stay the same. (more…)

March 21, 2022

ESG objectives now a priority for quarter of organisations

by Neil Franklin • News, Technology

New research from Cloudera claims that more than one quarter (26 percent) of business decision makers are now putting increasing investment into environmental, social and corporate governance (ESG) initiatives, ahead of developing new products/services (24 percent) or accelerating financial growth (21 percent). Additionally, knowledge workers believe as much as 49 percent of the data their business uses on a day-to-day basis should be focused on doing good for the communities it serves. This is a sentiment 52 percent of business decision makers agree with — a clear indication that profit and ESG are no longer mutually exclusive pursuits. (more…)

March 15, 2022

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

by Neil Franklin • Environment, News, Property

In the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. (more…)

March 14, 2022

Flawed organisational design thinking continues to hold businesses back

by Jayne Smith • News, Technology, Workplace

The Josh Bersin Company, a research and advisory company focused on HR and workforce trends and issues, has revealed new research which claims to show how organisational design has a direct relationship to the ability of any business to prepare and scale for the future. The study concludes that traditional approaches to organisational design, usually centred around job roles and reporting structures, are holding companies back and in some cases, exacerbating current and future talent challenges. (more…)

March 11, 2022

Four day week now more attractive thanks to pandemic

by Neil Franklin • Flexible working, News

The COVID-19 pandemic, lockdowns and shift to remote working has had a significant impact on organisations’ attitudes towards a shorter working week, new research from Henley Business School has revealed. The longitudinal study found that 65 percent of UK businesses surveyed are now implementing a four-day working week for some, or all, of their staff, compared with 50 percent who answered a similar survey carried out by Henley in 2019. (more…)

March 8, 2022

Wellbeing, skills and diversity data absent from majority of FTSE 100 firms’ annual reports

by Jayne Smith • News, Wellbeing, Workplace

New analysis of FTSE 100 annual reports finds that while workforce reporting has improved in the past two years, the quantity and quality of disclosures still varies significantly and remains very poor in places. The new report, How do companies report on their ‘most important asset?, from the CIPD, the PLSA and Railpen, analysed the quality of workforce disclosures in the 2021 annual reports of FTSE 100 companies against seven key themes: Workforce cost and composition; employee relations and wellbeing; reward; voice; skills, capabilities and recruitment; and response to COVID-19. (more…)

March 3, 2022

Britain’s workplace wellbeing champions crowned at national awards

by Jayne Smith • News, Wellbeing, Workplace

The organisations and businesses leading the way in promoting their employees’ wellbeing have been honoured in a brand new awards series. The Great British Workplace Wellbeing Awards were founded last year by the Great British Entrepreneur Awards team and industry specialists Wellity Global to recognise the inspiring response of employers across the UK to the ongoing wellbeing and mental health crisis amongst the working population. (more…)

March 3, 2022

Bereaved employees feel added pressure of job insecurity

by Neil Franklin • News, Workplace

Empathy, a platform helping families navigate the journey they face after losing a loved one, today released the first edition of its annual Cost of Dying Report (registration). The report reveals results from a new survey exploring the real cost of dying in the US and the impact on bereaved employees. The report includes a foreword from Goldman Sachs, as well as reflections from experts in the end-of-life space including David Kessler, Chief Empathy Officer at Empathy & Grief Expert, BJ Miller, MD, Compassion Advisor at Empathy & Co-Founder of Mettle Health, and Shoshanna Ungerleider, MD, Founder of the End Well Foundation. (more…)