Search Results for: financial

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…)

Digital skills gap poses major economic threat, Microsoft study claims

Digital skills gap poses major economic threat, Microsoft study claims

The UK’s digital skills gap could pose a risk to economic recovery, new research from Microsoft claims, with over three-quarters of UK leaders citing a large digital talent pool as essential to driving UK competitiveness. The study, Unlocking the UK’s potential with digital skills, was conducted in partnership with Dr Chris Brauer at Goldsmiths, University of London to assess the UK’s skills gap and provide practical guidance for organisations on how to tackle it. It predicts the rise of a “Next Gen Worker” that is empowered by low-code and no-code technology, but also finds that a failure to embrace technological skills could leave companies struggling to compete on the global stage. (more…)

Focus shifts to refurbishment as new office building in London falls by half

Focus shifts to refurbishment as new office building in London falls by half

office building and constructionThe construction of new offices in central London has declined by half (50 percent) in six months as developers and occupiers shift their focus to refurbishment, according to Deloitte Real Estate’s latest London Office Crane Survey. The crane survey analysed office building data over the six months to 30 September, and included a poll of London’s biggest developers conducted at the end of September. The total office space under construction in central London is now 15.1 million sq ft. This is similar to the level recorded in the previous survey (15.3 million sq ft, the highest since 2002) as developments are now taking longer to complete. (more…)

Rising job insecurity during pandemic linked to mental distress

Rising job insecurity during pandemic linked to mental distress

InsecurityEmployees facing increased job and financial insecurity at the onset of the pandemic suffered a wave of mental distress, according to research published by the National Centre for Social Research (NatCen). Rates of mental distress among employees were 60 percent higher in April than before the pandemic, and 50 percent higher in May, with significant increases both for employees who were furloughed and those who continued at work. (more…)