Search Results for: financial

Firms must take a more ethical approach to technology, says World Economic Forum

Firms must take a more ethical approach to technology, says World Economic Forum

The World Economic Forum has launched a new report which sets out to define how organisational leaders can influence their companies and encourage the responsible use of technology and build ethical capacity. Ethics by Design” – An Organizational Approach to Responsible Use of Technology claims to integrate psychology and behavioural economics findings from interviews and surveys with international business leaders. It aims to shape decisions to prompt better and more ethical behaviours. The report promotes an approach that focuses less on individual “bad apples” and more on the “barrel”, the environments that can lead people to engage in behaviours contrary to their moral compass. The report outlines steps and makes recommendations that have proven more effective than conventional incentives such as compliance training, financial compensation or penalties. More →

Workers feel overworked as a result of the pandemic

Workers feel overworked as a result of the pandemic

pandemicHardworking professionals are feeling the effects of longer working days and unpaid overtime, according to new research by law firm, Wright Hassall. The research claims that the average worker is performing nine or more hours of overtime in a given week, which totals more than one working day, compared to just three or more hours before the start of the pandemic. What’s more, 52 percent are actually doing so without being paid for this. More →

Increased revenue, savings and productivity from tech investments accelerated by COVID-19

Increased revenue, savings and productivity from tech investments accelerated by COVID-19

InvestmentsNearly seven in 10 business leaders and decision-makers say that investments in digital technologies in 2020 have enabled their organisations to increase revenue, save money and improve productivity, according to a new survey released by Randstad US. More →

Employers should explain their monitoring policies to workers

Employers should explain their monitoring policies to workers

The number of companies monitoring their employees is growing. According to a Gartner survey, more than 22 percent of employees use employee movement data, while 17 percent of them are monitoring computer usage. With companies choosing to monitor employees, privacy laws are also catching up, and thus there is a need for explaining employee monitoring to prospective hires. Employee monitoring is defined as the use of monitoring devices and methods by companies to learn about their employees’ workplace behaviours and performance. More →

Tech industry employees three times more stressed working from home than others

Tech industry employees three times more stressed working from home than others

EmployeesUnify Square, the services provider for Zoom, Microsoft Teams, and Slack platforms, has released survey results around remote collaboration and communication among enterprises. The survey highlights key perspectives of enterprise employees on workplace collaboration and communication in the midst of the global pandemic.  More →

UK tech workers prefer better work-life balance to a pay rise

UK tech workers prefer better work-life balance to a pay rise

work-life balanceWhen it comes to job satisfaction, Denmark tops the list of the best places to work in digital in Europe – beating the UK, Germany and France – according to the 2020 Digital Talent Global Work Happiness Index. The Nordic country scored highly for work-life balance, family-friendly working models, purpose, personal safety and personal impact, which describes how much impact an individual feels they are making to their business.  More →

Freelancers stimulate entrepreneurship levels, claims research

Freelancers stimulate entrepreneurship levels, claims research

entrepreneurshipFreelancers actively promote entrepreneurship, claims research from Trinity Business School, suggesting that a 10 percent increase in freelancers within the workforce leads to a 1 percent increase in entrepreneurial activity in the economy. More →

IWFM announces new framework for delivering social value

IWFM announces new framework for delivering social value

social valueThe Institute of Workplace and Facilities Management (IWFM) has partnered with the Social Value Portal and National Social Value Taskforce to develop a new measurement framework for social value, designed specifically for the workplace and facilities management profession. More →

Hybrid working presents us with a once in a generation opportunity

Hybrid working presents us with a once in a generation opportunity

hybrid workingIn the face of the revolutionary and long-lasting changes to workplaces across the world resulting from the pandemic, some commentators have suggested that the wide-spread necessity of adopting remote working practices may have made the office obsolete. However, such a dramatic upheaval to the very foundation of the workplace and working dynamic won’t come without a cost, and new data suggests that perhaps the office isn’t the dinosaur many assumed, but still a central pillar to effective businesses as part of a hybrid working strategy. More →

The great lesson of 2020 for small businesses is to be ready for anything

The great lesson of 2020 for small businesses is to be ready for anything

small businessesThe repercussions of Covid-19 for the small business community have been particularly ruinous. Recent figures paint a worrying picture, revealing that approximately 76,300 SMEs in London alone ceased operations completely as a direct result of the pandemic, with lockdowns costing from £30,000 to £75,000 for one in ten small businesses. As the most vulnerable business segment in the current crisis, SMEs needed the biggest support and, by the end of April, had already received over £4 billion via the government’s CBIL scheme. More →

Maternity leave causes women to lose out on £3.2 billion

Maternity leave causes women to lose out on £3.2 billion

Maternity leaveWomen taking maternity leave collectively lose out on £3.2bn worth on earnings, a fall of nearly half their average annual salary, claims new research from Direct Line Life Insurance. More →

Work really has become much harder during the pandemic

Work really has become much harder during the pandemic

The burden of work, Sisyphus by TitianThe pandemic has seriously altered how we work. According to statistics published by the International Labour Organization (ILO) in September 2020, US$35 trillion (£26 trillion) has been lost globally in labour income. There has also been an estimated loss of 17 percent of working hours worldwide since 2019, with young people and women being hit hardest. And many of those still in jobs are working under very different conditions. More →