Search Results for: flex

Santander reopens closed branch as coworking space

Santander reopens closed branch as coworking space

Work Cafe represents a new form of coworking and retail spaceSantander has opened its first Work Café in the UK. The Work Café concept was initially developed by Santander in Chile in 2016  and its success has seen 50 branches opened in Spain, Portugal, Brazil and Argentina. The bank claims the reopened branch will work as a ‘community hub’ offering banking facilities, free coworking spaces and freshly-brewed artisan coffee. The branch was previously closed at the end of June last year. More →

UK could receive £250 billion boost if labour market matched that of Sweden

UK could receive £250 billion boost if labour market matched that of Sweden

The need for a diverse and supportive labour marketNew analysis by economists at PwC claims that, if the UK could match Sweden in terms of its employment rates for women aged 25-54, older workers and the proportion of its young people not in employment, education or training, the potential boost to UK GDP could be as much as 12 percent, or around £250 billion at 2018 values. Although the UK labour market has been strong in recent years – the employment rate is at a record high of over 75 percent and unemployment is at its lowest level since the mid 1970s – new research from PwC indicates that performance is middling compared to other OECD economies. A new composite Labour Market Performance index, combining results from PwC’s Youth Employment, Golden Age and Women in Work indices, finds the UK is 19th overall amongst OECD countries. Iceland and Sweden top the combined index rankings based on the latest available annual data for 2018. More →

Sleeping on the job is now acceptable behaviour

Sleeping on the job is now acceptable behaviour

sleeping under a convertible deskRecently, Cornerstone OnDemand tested which learning and training courses are of most interest and truly matter to employees to help them navigate the world of work. Among the top five most popular courses, there was a resounding demand for those that centred around wellbeing. And the training that claimed the top spot was ‘The Science of Sleep: Sleep hygiene’. More →

Outdated technology remains a massive waste of time

Outdated technology remains a massive waste of time

Workers struggle with outdated technologyTwo new studies suggest that the failure to keep workers equipped with the latest technology is having a huge impact on their productivity and causing them to waste large amounts of time. According to the first piece of research from tech provider Insight,  UK office workers waste 1.8 billion working hours every year because the outdated technology they’re given isn’t good enough to meet their needs. More →

Demand for four day week continues to rise

Demand for four day week continues to rise

Four day week continues to rise in popularityWith a recent report from Henley Business School highlighting that a shorter working week could add to businesses’ bottom lines through increased staff productivity and uplift in staff physical and mental health, a study from ADP (registration) has further emphasised these findings. ADP’s research claims almost two-thirds of UK workers (61 percent) would opt for a four day week at work if they had the choice. More →

Govt scheme to retrain people in the age of automation

Govt scheme to retrain people in the age of automation

automationThe UK Government in partnership with the CBI and TUC has launched a new scheme to help workers whose jobs change or become obsolete because of advances in technology. Workers will be offered help in retraining or finding a new career amid suggestions that up to a third of jobs could be at risk of changing because of automation in the coming 10 to 20 years. The National Training Scheme will be trialled in Liverpool before being rolled out across England. The CBI and TUC are both backing the initiative as a way of boosting productivity, pay and workers’ skills. More →

Companies should respect their historic identity to thrive in the future

Companies should respect their historic identity to thrive in the future

Janus looking both into the past and the futureRevisiting a company motto or philosophy is necessary in an ever-changing world, but it can disrupt people’s sense of “who we are” and should be carefully managed to ensure the firm continues to thrive in the future, according to new research from UCL School of Management. The study was based on the study of a large database of corporate mottos of long-established Japanese firms. It focused on 25 cases still in operation today, using a combination of archival and interview data to investigate when, why, and how they had revised their historical mottos in times of change. The findings are reported in an article forthcoming in the Strategic Management Journal. More →

Government sets out plans to reduce work related ill health

Government sets out plans to reduce work related ill health

wellbeing and ill healthThe UK government has opened a consultation on ill health in the workplace which looks at issues such as workplace modifications, the right to request flexible working and interventions from employers. It claims that more could be done on the issue, especially for people with disabilities or long term health conditions. The consultation will focus on what employers can do to help employees and how they could be supported with advice and information, better access to occupational health resources and financial help, especially for small businesses and the self-employed. More →

The workplace of tomorrow redefined by learning and AI

The workplace of tomorrow redefined by learning and AI

Unily has released a report analysing the trends and issues shaping the workplace of tomorrow. The report, ‘Future of the Workplace 2030+’, has been co-created with the futurist Anne Lise Kjaer, a regular on the TED Talks circuit best known for the book The Trend Management Toolkit. Looking at the transformation of our working lives over the next 10 years and beyond, the report explores both the challenges and the opportunities as companies prepare for a new wave of technological advances and a new generation of workers. It sets out specific challenges including how to incorporate Generation Z in the workplace, integrate new technology and face greater scrutiny of organisational values. It also suggests that new jobs will emerge such as ‘Vice President of No’, ‘Professional Rebel’ and ‘Ideas Broker’. More →

Diversifying hiring practices to bridge the skills gap

Diversifying hiring practices to bridge the skills gap

diversity in hiring can help firms address the skills gapTalent scarcity and the skills gap have become very real concerns in the UK. We are currently in a period of high employment, and at the same time, uncertainty surrounding Brexit has caused a reduction in immigrant labour, reducing the talent pool further. For accountancy, the skills gap issue is even more acute because it is already an industry with a very limited talent pool. When asked to describe an accountant, it is likely that many of us would describe a very similar person. For a variety of reasons, accountancy as a profession attracts a very specific group – often male, university educated, usually from a Russell Group university. Hiring from such a small pool means that the squeeze on talent is even tighter in this sector. More →

Take up of shared parental leave constrained by traditional attitudes

Take up of shared parental leave constrained by traditional attitudes

a father and child illustrating the importance of shared parental leaveDespite the introduction of shared parental leave rights, more than half of UK adults still think that women be the primary carers of babies and children, according to the latest British Social Attitudes Survey. Despite this, there has been a notable shift in attitudes over the last seven years, according to the researchers from the National Centre for Social Research. More →

Fifth of people do not last a year in self-employment

Fifth of people do not last a year in self-employment

Maria Spelterini crosses Niagara on a tightrope to illustrate the precariousness of self-employmentOne-fifth of sole traders in self-employment don’t survive one year, and the majority don’t survive five, according to a new study from the Institute for Fiscal Studies (IFS).  The analysis of HMRC tax records by researchers at the IFS was funded by the Office for National Statistics through the Economic Statistics Centre of Excellence (ESCoE) and the Economic and Social Research Council. More →