Search Results for: financial

Business rates and employment costs for small firms need overhaul

Business rates and employment costs for small firms need overhaul

The Federation of Small Businesses (FSB) is calling on the Chancellor Sajid Javid to bring forward radical interventions to address an unprecedented long-term slump in small business confidence, slowing economic growth and a widening trade deficit when he publishes the 2019 Autumn Budget on 6 November. In a letter to the Chancellor, the group calls for a major reduction in business rates bills for small firms, as thousands struggle to stay afloat amid spiralling operating costs. (more…)

Competitive sport is a game changer in the workplace

Competitive sport is a game changer in the workplace

A new report by The Institute of Leadership & Management called Leaders at Play claims that participating in competitive sport gives people an advantage in their working lives, which in turn gives men an advantage because many more have competed in sports. The report also claims that people are often aware of the link because three quarters of workers who play competitive sport believe it gives them skills and capabilities that provide them with a workplace advantage. (more…)

Women still face broken rungs on the career ladder

Women still face broken rungs on the career ladder

More women than ever before occupy senior executive positions, but true gender parity hasn’t yet been reached and women continue to face unique challenges in their careers according to the latest Women in the Workplace Report from LeanIn.Org and McKinsey & Company. This year’s study—which is based on data and insights from 329 companies employing over 13 million people and more than 68,500 employees—identifies a key point on the corporate ladder where women lose the most ground: the first step up to manager. If companies fixed this broken rung, it could add one million more women to management in corporate America over the next 5 years. (more…)

Four in ten people close to breaking point at work, study claims

Four in ten people close to breaking point at work, study claims

breaking point at workA new study by CABA, a charity supporting the wellbeing of chartered accountants and their families, claims that 4 in 10 adults in the UK are close to breaking point at work. Research polling 2,000 professionals working across multiple sectors in the UK suggests that the average working adult feels stressed for almost a third of their entire working day. The study also claims that in an average week, employees spend 31 minutes complaining about their boss and 2 hours 45 minutes moaning about their job. Employees lose 5 hours of sleep each week because of the pressures they face at work, while 3 in 5 respondents said that they feel stressed whilst on holiday due to the thought of being behind on work and organising a handover.  (more…)

Self employment boom continues to shape UK cities

Self employment boom continues to shape UK cities

self employment in Uk citiesNew research from the Centre for Cities claims that we are still seeing the long-lasting consequences of the post-financial crisis self-employment boom in the UK’s cities. But too many people working for themselves lack access to training – raising concerns about their long-term security and many cities’ future economic strength. (more…)

How the Dutch pioneered agile working, wellbeing and smart buildings

How the Dutch pioneered agile working, wellbeing and smart buildings

Edge AmsterdamMany of the challenges we face in selecting the right office design models became apparent during the 1960s as the world adjusted to the first signs of the technological revolution. At the same time, people across Europe were pressing for changes in the way organisations and the economy worked. (more…)

Organisations must meet needs of young parents or risk failure

Organisations must meet needs of young parents or risk failure

Organisations face a problem that could impact their very survival. Parents want to be supported by their employers during the transition to becoming working parents, but organisations are currently ill-equipped to deal with parental leave, or to keep people engaged throughout it. In a world of relentless change, companies failing to react to and meet the expectations of this part of their workforce risk disaster. (more…)

WeWork, false narratives and the superstate of office design

WeWork, false narratives and the superstate of office design

WeWork New YorkSo, WeWork then. As the dust settles on whatever has happened, some lessons may be emerging. Many of them are presented in this comment in The Economist and this piece in The Intelligencer in which Scott Galloway of NYU Business School claims that the problems have been evident for a long time. He doesn’t hold back. (more…)

Artificial intelligence to drive the next generation of jobs

Artificial intelligence to drive the next generation of jobs

artificial intelligenceThe uptake of artificial intelligence by businesses will transform the UK job market in the near future and will create around 133 million new jobs worldwide. The findings come from a new report called Harnessing the Power of AI: The Demand for Future Skills (registration) from recruiter Robert Walters and market analysts Vacancy Soft. (more…)

Older workers will drive long term success of firms

Older workers will drive long term success of firms

Older workers are essential for the success of firmsOrganisations that actively leverage the abilities and experience of their older workers will be best positioned for the future of work, according to Mercer’s report Next Stage: Are You Age-Ready? (registration). The importance of being “age-ready” is underscored for both businesses and economies by the impact of the twin forces of a rapidly ageing labour force coupled with an uncertain global economic growth rate, the report argues. (more…)

The office of the future should be circular

The office of the future should be circular

The WWF Living Planet Centre gives a taste of the office of the futureMinimising the impact of business on the wider environment is no longer a ‘nice to have’ but a business imperative. Pressure is coming from all stakeholders including employees, investors, customers and clients, government and the media. According to the Leadership in Corporate Sustainability – European Report 2018, three quarters of European business leaders believe that ignoring sustainability will affect their company’s ability to create long-term value. (more…)

Firms shift to contingent work to stay agile, report claims

Firms shift to contingent work to stay agile, report claims

contingent workAround a quarter of firms worldwide and mid-sized companies are shifting permanent roles to contingent work positions this year to remain agile, according to a report from Randstad Sourceright. The quarterly Talent Trends study (registration), based on responses from executives, HR managers and other professionals across 17 markets worldwide, claims that businesses are using gig and freelance workers to fill formerly permanent positions. (more…)