Search Results for: financial

Workers often care more about income than work life balance

Workers often care more about income than work life balance

work life balanceFinancial success is important to employees around the globe but the importance of maintaining a work-life balance differs between cultures, new research from BI Norwegian Business School has suggested. More →

Employers shift focus to wellbeing and employee benefits

Employers shift focus to wellbeing and employee benefits

wellbeingNew research from Aon claims that employers have increased their strategic focus on both emotional and financial wellbeing programmes, while physical wellbeing programmes have remained largely static. Aon’s UK Benefits & Trends 2020 Survey (registration) shows that 51 percent of employers now have financial wellbeing strategies in place, up from 21 percent three years ago, while 68 percent have emotional wellbeing strategies, up from 41 percent. These were the least developed pillars of employee wellbeing when Aon asked organisations in its 2017 UK Health Survey. More →

Outdated technology continues to ruin people`s days

Outdated technology continues to ruin people`s days

outdated technologyNew research by Currys PC World in collaboration with technology expert Theo Priestley claims that outdated technology and delays in finding fixes are eating into around 46 minutes of the average employee’s working day, which could cost a business approximately £2,752 a year. Time and money are not the only things lost to outdated technology, however, as half of Brits admit that it has a negative impact on their productivity in their jobs. What’s more, morale can be impacted when employees feel they have to work overtime to make up the time they have lost due to tech issues. More →

BT to relocate up to 4,000 people to new Birmingham headquarters

BT to relocate up to 4,000 people to new Birmingham headquarters

BT BirminghamBT Group has announced Birmingham’s Three Snowhill development will be its primary new home in the city and provide “a future-fit workplace for thousands of colleagues”. The building, in the city’s business district, will become the regional headquarters for BT with between 3,000 – 4,000 people set to be based there eventually – more than five times the number of people currently based in Birmingham. BT will occupy the majority of floors in the 17-storey development, marking a major investment by the company in the city. More →

Majority of organisations remain unprepared for executive pay gap reporting

Majority of organisations remain unprepared for executive pay gap reporting

Three-fifths of UK organisations are still not ready to report their executive pay gap almost twelve months after the legislation came into force, claims a new poll by HR services provider MHR. This year UK listed companies with more than 250 employees are, for the first time, obliged to publish the pay ratio between their CEO and “average” employees in early 2020 and explain the reason for their executive pay ratios. More →

The culling of freelancers with IR35 is a really, really bad idea

The culling of freelancers with IR35 is a really, really bad idea

IR35 and freelancersImagine a world with no freelancers, holiday cover workers, or people to help fill the hiring gaps on projects. With IR35 extending into the private sector, this could be a reality; and we should be worried that a skilled and flexible workforce of freelancers could soon be extinct. Instead of dealing with the headache of the new regulations, 20 percent of UK businesses said they plan to axe contract workers. Freelancers themselves might be worried about how the new iteration of IR35, due to come into force in April next year, will affect their ability to work, and hastily take on permanent positions. More →

Burnout remains a risk for workers of all generations

Burnout remains a risk for workers of all generations

burnoutFlexible working has become an important part of the modern UK economy, with over half of employees taking up a flexible working arrangement. However, Nuffield Health’s latest whitepaper The effects of remote working on stress, wellbeing and productivity has found while remote working is associated with higher workplace wellbeing, it can also present many business challenges including the risk of burnout for an increasingly diverse workforce. More →

Gig workers like the work-life balance but would prefer permanent roles

Gig workers like the work-life balance but would prefer permanent roles

More than one in ten (12 percent) so-called gig workers in the UK are working multiple roles and consider temporary work as their main role, taking advantage of improved work-life balance, greater variety of work and the ability to see more of their families, according to a new report. The research, carried out by Reed Specialist Recruitment, for its Temporary isn’t Temporary campaign, surveyed 5,000 workers and looked at their experience of, and attitude to, temporary and multiple career roles.

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Avoiding the minefield of WhatsApp communications

Avoiding the minefield of WhatsApp communications

Whether to keep colleagues updated or to share a new idea, WhatsApp groups are increasingly becoming a go-to communication tool in the workplace.  There are benefits to having such informal communication channels – they can be less hierarchical and improve cohesion within the team, as well as being a fast and easy way to communicate and share images. On the flip side, the lack of formality means that there are risks associated with them.   More →

Climate change emergency demands more and better action

Climate change emergency demands more and better action

Davos and climate changeFour years after the Paris Climate Agreement, tangible action from governments is falling well short of what is needed to restrict global warming to 1.5° Celsius. Meanwhile, the actions of the majority of businesses that do support emissions reductions also currently fall far short of where they need to be to address climate change. A new impetus for 2020 to raise company ambitions to net zero emissions by 2050 at the latest, is required. These are the findings of a new report, The Net Zero Challenge published by the World Economic Forum. More →

Growing number of major firms commit to net zero carbon buildings

Growing number of major firms commit to net zero carbon buildings

Today, seven major global private sector companies including Goldman Sachs and Lendlease have announced pledges to slash emissions from their buildings to net zero, by signing up to the World Green Building Council’s (WorldGBC) Net Zero Carbon Buildings Commitment (the Commitment). The organisations have pledged to take urgent action to ensure their own portfolios of buildings operate at net zero carbon by 2030 or sooner. More →

Two-thirds of major world cities set for weaker growth as global slowdown bites

Two-thirds of major world cities set for weaker growth as global slowdown bites

Amsterdam is one of the citiesA new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during  the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. More →