Search Results for: financial

Money troubles are more damaging to wellbeing of the self-employed

Money troubles are more damaging to wellbeing of the self-employed

wellbeingFinancial distress is more damaging to the wellbeing of the self-employed than those in employment, claims new research from Trinity Business School. According to the research, authored by Dr Martha O’Hagan-Luff at Trinity Business School, alongside fellow Trinity academics, financial problems are more strongly associated with lower levels of wellbeing for those that are self-employed. (more…)

Events of 2020 have proved the value of personal resilience

Events of 2020 have proved the value of personal resilience

No-one could have predicted what 2020 would deliver.  A pandemic, lockdown, moving the workplace into the home. We are in uncharted waters. The Oxford English Dictionary defines resilience as being able to withstand or recover quickly from difficult conditions. Resilience is an almost stoic quality, and a pandemic a time of crisis. It almost feels like they are a match made in heaven.  But how does this affect organisations? What can be done? Is it really that important to build employees’ resilience? (more…)

Organisations weigh up options to make workplace fit for the future

Organisations weigh up options to make workplace fit for the future

a fit for the future workplaceAvison Young, realestateworks and HLM Architects have launched a new report that assesses the impact of this year’s pandemic on workplace and corporate real estate strategies in the longer-term. Over 100 private and public sector companies were asked about their evolving approach to working culture, office design and portfolio strategies in the context of multiple forces of change, including greater resilience, the decarbonisation agenda, personalisation, remote working and the integration of the physical and virtual workspaces. (more…)

Firms should be aware of the legal implications of employee monitoring

Firms should be aware of the legal implications of employee monitoring

employee monitoringEmployee monitoring is an emotive topic. Businesses may wish to monitor their staff for a variety of reasons. For instance, they may wish to prevent the unauthorised disclosure of confidential or sensitive information, or detect attempts to steal valuable intellectual property. In the current conditions, dominated by the coronavirus pandemic, many businesses have opted to use automated means to monitor staff productivity. However, from an employee’s perspective, the use of monitoring software may be intrusive if not distressing. Further, if it has been implemented without regard to data protection law, it is potentially illegal. (more…)

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…)