Search Results for: financial

No jab, no job? Can employers demand that workers take COVID-19 tests?

No jab, no job? Can employers demand that workers take COVID-19 tests?

As workers’ begin to populate office floors once more, employers must navigate a number of potential risks to ensure they are ‘COVID-19 secure’. As a result, the subject of ‘employee testing’ has made headlines, with the decision over whether employers can, or should, test their employees becoming an area of contention. More →

The mental health consequences of COVID grow increasingly clear

The mental health consequences of COVID grow increasingly clear

Mental healthThe number of self-employed people saying they have “poor” or “very poor” mental health has increased from 6 percent to 26 percent since the beginning of the pandemic (a 300 percent rise), claims new research by IPSE (the Association of Independent Professionals and the Self-Employed). The number saying they had “good” or “excellent” mental health has also dropped significantly since the beginning of the pandemic – from two-thirds (68 percent) to just over a third (39 percent). This was most severe among women (a drop of 54 percent) and young freelancers aged 16-34 (a drop of 49 percent). More →

Resilience is missing for many employees

Resilience is missing for many employees

ResilienceA new report from Aon,examined the views of employers and employees across five major countries in Europe and claim that just 30 percent of employees are resilient while also suggesting that resilience can triple when employers adopt a well-rounded programme of support. Employees with poor resilience have 55 percent lower engagement at work and are 42 percent less likely to want to stay with their employer. In the UK, 29 percent of employees are resilient, and those with poor resilience have 59 percent lower engagement and are 43 percent less likely to want to stay with their employer. More →

Artificial Intelligence is critical to organisations, but many unprepared

Artificial Intelligence is critical to organisations, but many unprepared

Artifical IntelligenceA new report from information technology company Wipro Limited claims that enterprises of the future will be built on a foundation of Artificial Intelligence (AI), Analytics, Machine Learning, Deep Learning and Automation. According to the ‘State of Intelligent Enterprises’ report, these technologies are central to solving business problems and driving innovation. Most businesses consider AI to be critical to improve operational efficiency, reduce employee time on manual tasks, and enhance the employee and customer experience. More →

UK firms optimistic about COVID-19 recovery prospects

UK firms optimistic about COVID-19 recovery prospects

RecoveryWhat impact is COVID-19 having on business confidence? And what recovery strategies are companies prioritising in response to the pandemic? Recruitment company Robert Half recently surveyed more than 1,500 executives to understand how they are responding to this ongoing period of unprecedented economic change. More →

Using nature based solutions in buildings will help address climate change

Using nature based solutions in buildings will help address climate change

The IGNITION project from the UK Green Building Council has published its first report for businesses, titled ‘Nature-based solutions to the climate emergency: The benefits to business and society’  The report claims to provide organisations with the data they need to make informed decisions about the types of urban nature-based solutions (NBS) available to them and how these can help meet sustainability objectives to benefit business, society and the environment. It sets out to highlight the benefits of using NBS across the built environment and aims to inspire confidence in business leaders and investors to increase the use of NBS. More →

The challenge for the office is to stay relevant

The challenge for the office is to stay relevant

The world is going through some painful changes at breakneck speed. As a result, the word unprecedented has reached number one spot on our ‘words to avoid’ list. What’s the big deal with unprecedented anyway? Our obsession with all things unprecedented taps into our fear of the unknown. But life itself is an unknown: Life is beta. Nothing is permanent. Every single day things happen that are unprecedented. Damn, said it again. More →

People plan to retain sustainable new habits after lockdown

People plan to retain sustainable new habits after lockdown

Britons are keen to continue with low-carbon lifestyle choices adopted during lockdown, according to research by Cardiff University and The University of Manchester. Two wide-ranging surveys conducted by the UK Centre for Climate and Social Transformation (CAST), which is coordinated by Cardiff University, suggested lockdown had upended people’s habits, from buying and travelling less, to reduced energy use and cutting down on food waste. More →

Rich, female and over- 45? It`s much more likely you thrived during lockdown

Rich, female and over- 45? It`s much more likely you thrived during lockdown

The characteristics that meant you were most likely to thrive during the Covid-19 lockdown have been identified in new research by emlyon business school. The researchers, from emlyon business school’s Lifestyle Research Center, have studied people’s lifestyle, circumstances, and behaviour during the Covid-19 lockdown period, to examine how it has impacted their mental and physical wellbeing. The data comes from a survey of over 1000 respondents, split evenly across France and the UK, gathered near the end of the lockdown period in May. More →

UK faces urgent AI skills gap, Microsoft report claims

UK faces urgent AI skills gap, Microsoft report claims

The UK is facing an AI skills gap that could leave companies struggling to compete with rivals from across the world, a new Microsoft report claims.  The research, entitled AI Skills in the UK, also found that businesses in this country use less AI than firms overseas, and when they do it tends to be less advanced. UK organisations are also less likely to be classed as “AI pros” compared to the global average (15 percent versus 23 percent), and the UK has a higher failure rate of AI than the global average (measured by the number of projects generating no commercial value – 29 percent versus 19 percent). More →

UK businesses lead the way on lockdown wellbeing

UK businesses lead the way on lockdown wellbeing

Business leaders around the world have focused on protecting their employees in their immediate COVID-19 response, with UK CEOs leading the pack on mental wellbeing support. Some 93 percent of UK CEOs (92 percent globally) prioritised protecting employee health and safety over everything else. However, UK CEOs were found to have been significantly more focused on their employees’ mental wellbeing than their global counterparts, with 90 percent providing wellbeing support and initiatives, compared with 61 percent of CEOs globally. More →

Freelancer income fell by a quarter during lockdown

Freelancer income fell by a quarter during lockdown

In the second quarter of 2020, freelancers’ average income dropped by 25 percent, according to the latest freelancer Confidence Index by IPSE (the Association of Independent Professionals and the Self-Employed). According to IPSE, the drop in income was driven by a record fall in the average number of weeks freelancers worked this quarter. Between March and June, the average freelancer went 5.5 weeks out of 13 without work. Combined with a 3 percent fall in freelancers’ average day rates, this led to average quarterly earnings declining by 25 percent from £20,821 in Q1 2020 to £15,709 in Q2 2020. More →