Search Results for: flexible working

Millennials now less likely to give up job security, but still want flexible work

Millennials now less likely to give up job security, but still want flexible work 0

Millennials less likely to leave security of their jobs, but still want flexible work

Millennials are less likely to leave the security of their jobs this year as the events of 2016; terror attacks in Europe, Brexit, and a contentious US presidential election appear to have rattled their confidence. This is according to Deloitte’s sixth annual Millennial Survey of nearly 8,000 millennials from 30 countries, which found that the “loyalty gap” between those who saw themselves leaving their companies within two years and those who anticipated staying beyond five years has moved from 17 percentage points last year to seven points. The desire for security is also apparent in the finding that, while millennials perceive across-the-board advantages of working as freelancers or consultants, nearly two-thirds said they prefer full-time employment. Those in highly flexible organizations appear to be much more loyal to their employers and are two-and-a-half times more likely to believe that flexible working practices have a positive impact on financial performance than those in more restrictive organizations. Three-quarters of those offered flexible working opportunities say they trust colleagues to respect it, and 78 percent feel trusted by their line managers.

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Flexible hours is main reason self-employed are happier than traditional workers

Flexible hours is main reason self-employed are happier than traditional workers 0

Self-employed happier than traditional workers due to flexible workingFlexible working hours and being their own boss makes the UK’s self-employed much happier than those in traditional employment a new survey claims. According to the latest set of findings from the ‘Definitive Study of the Self-Employed,’ commissioned by Intuit QuickBooks, the self-employed generated mean annual revenues of £32,623 (£5,000 more than the average UK salary), despite working 10 hours less per week. Of those who have been a salaried worker, two thirds (66 percent) claim to be financially better off or the same and 65 percent also feel better off in terms of ‘life satisfaction’. When the research considered nuanced reasons for choosing to work for oneself ;control of schedule (77 percent), more flexibility to work to one’s own terms (68 percent) and liking being one’s own boss (65 percent) were leading reasons, with not worrying about workplace politics (47 percent) also regularly referenced.

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One in five working millennials in the UK have two or more jobs

One in five working millennials in the UK have two or more jobs 0

New research from recruitment app Coople, claims that British millennials are a generation of career jugglers, seeking ‘varied lifestyles and accelerated multi-skilled growth’. The survey of 2,000 employed millennials in the UK, carried out by OnePoll, claims that there is a growing “slash culture”, in which workers take on more than one job simultaneously. The new statistics claim that one in five (19 per cent) employed young people have two or more jobs, more than any other generation. Some of the main reasons cited by millennials for taking on multiple roles include to learn new skills (47 per cent) and for variety and experience (27 per cent). By comparison, older generations put more onus on increased earnings when stating their purpose for working within multiple roles. The study also claims one in three millennials (29 per cent) plan on changing industry within the next two years, 13 per cent intend to change industries within the next year and 45 per cent will be looking to move within three years.

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Control over working hours leads to different outcomes for mothers and fathers

Control over working hours leads to different outcomes for mothers and fathers 0

The growth of flexible working practices coupled with the extension of parental leave tights to fathers is are partly intended to reduce the differences between levels of pay and career progression for men and women. Yet a study published in the European Sociological Review suggests that men and women experience different outcomes when given control of their working hours and may even lead to the reinforcement of traditional gender roles. The study  by Yvonne Lott and Heejung Chung of the Hans-Böckler Foundation, Düsseldorf and the School of Social Policy, Sociology and Social Research at the University of Kent respectively found that while the adoption of flexible working meant all people worked longer hours on average, only men enjoyed higher incomes as a direct result.

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Slow broadband prevents thousands of Brits working from home

Slow broadband prevents thousands of Brits working from home 0

slow-broadbandAlthough the vast majority of British people who work from home need a fast internet connection, around a quarter of them are hampered by slow broadband, according to a new survey from comparison website Broadband Genie. The news comes on the day the Government finally announces that BT is to divest its Openreach arm which looks after the nation’s broadband infrastructure. The timing is welcome news for broadband users who have been frustrated for years by the UK’s second rate technological infrastructure. According to the Brodband Genie study the majority of people who work from home believe it has a  positive impact on their happiness, work life balance, productivity and motivation. Yet while  90 percent rely on broadband in order to work from home almost a quarter of homeworkers are limited by slow connections.

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The Room of Requirements: is a flexible workspace even possible?

The Room of Requirements: is a flexible workspace even possible? 0

google-flexible-workspaceMany of us have ways of framing our ideas about the workplace with reference to the things we love. Because I am a Harry Potter fan that means developing notions of Hogwarts and what it says about how the school building influences teaching and learning practices. J K Rowling’s universe offers rich pickings for this sort of thing and in the case of this feature provides us with an example of how we might consider the current state of thinking about the flexible workspace. One of Rowling’s brilliant ideas is the Room of Requirements. More →

Calming office space and flexible hours best ways to combat workplace stress

Calming office space and flexible hours best ways to combat workplace stress 0

Stress in the workplace

More flexible hours, a more caring attitude from management, a welcoming office design and space away from the desk to take a break are much more effective ways to reduce workplace stress than expensive office overhauls or the provision of mindfulness classes, a new survey claims. A study into the measures that help reduce stress conducted by Cascade HR, explored what workers feel bosses can do to reduce their stress levels, and found that introducing flexible working hours (47 percent), early finishes on Fridays (39 percent) and a caring, friendly management style (38 percent) would have the biggest impact. The research also revealed the physical aspects of the workplace which employees believe employers could change or introduce to improve their occupational mental health. In fact, the workplace being clean and tidy was the factor that workers felt could go the furthest to reducing their stress (35 percent), while almost 1 in 3 felt having music playing would help to keep their stress at bay; as would simply having a space away from desks in which to chill out (29 percent) or to eat (27 percent) during breaks.

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Two-thirds of British workers more productive working in the office

Two-thirds of British workers more productive working in the office 0

Office teamwork

Despite half (50 percent) of the British workforce saying they are equipped with the right tools and technology to enable them to work anywhere, half (50 percent) of respondents to a new survey stated that remote working can make them feel stressed, isolated or lonely (43 percent) and over half (53 percent) said that working out of the office makes them feel disconnected from colleagues. The survey from Peldon Rose, found that two-thirds (66 percent) of British workers say they work most productively in the office compared with a quarter (26 percent) who work most productively at home. The survey results also underline how vital close working relationships with colleagues are to employees’ happiness, wellbeing and productivity with nine in 10 (91 percent) of office workers stating they value their friendships within the workplace and 80 percent crediting their friendships with colleagues with helping them to be more productive at work – something they feel boosts their productivity even more than personal technology (66 percent).

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Mix of core and flexible workspaces will shape real estate by 2030

Mix of core and flexible workspaces will shape real estate by 2030 0

Future of CRE

Thanks to the combination of a changing workforce and greater connectivity, up to 30 percent of corporate real estate portfolios will incorporate flexible workspaces by 2030, with offices more likely to be built around core hubs and comprising fewer locations. Along with this the Internet of Things and smart buildings will create new ways of managing productivity, sustainability and the user experience. These are some of the key findings of JLL’s new report series ‘Workspace, reworked: ride the wave of tech driven change; two reports exploring the impact of technology, data and digital disruption on work spaces and real estate investment strategies. The series focuses on the office sector over the next 15 years, looking at how occupiers, developers and investors will need to view real estate differently and adapt in order to enhance investment returns and create work spaces that are fit for purpose in a rapidly changing, highly-connected world.

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Flexible hours key to achieving gender balance in finance sector 0

Improvements in flexible working are among the key steps being taken to help achieve gender balance within the financial services sector, according to the UK Treasury. Financial services is the country’s highest paid sector but has the widest gender pay gap, at 39.5 percent, compared with 19.2 percent across the economy. The ‘Women in Finance Charter’, was set up by the Treasury earlier this year to publish progress on gender balance annually and reports that of the 72 firms who signed the charter, 60 have now committed to having at least 30 percent of women in senior roles by 2021. Alongside gender diversity targets, these firms have set out strategies for how they’ll hit these targets, including improving flexible working, making recruitment gender neutral and distributing high profile work more fairly.

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American workers prefer the 9 to 5 but would take a pay cut in exchange for home working

American workers prefer the 9 to 5 but would take a pay cut in exchange for home working 0

9-to-5According to a new study by researchers at Princeton University and Harvard University, the average American worker is indifferent to flexible working hours and instead prefers a set 40-hour workweek. According to the study, most workers aren’t willing to take even a small pay cut to determine their own working hours. However, if given the option to work from home, many workers — especially women — would take an 8 percent wage cut to do so. The findings, published by the National Bureau of Economic Research (NBER), also show that workers consistently dislike irregular work schedules set by employers on short notice. They would even give up one-fifth of their salary to avoid working evenings or weekends. Nearly half of jobseekers would not take an irregular-schedule job even if it paid a quarter more than a 9 to 5 job. This is true even of workers who currently have irregular work schedules.

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Employers must create modern cultures to retain working mothers

Employers must create modern cultures to retain working mothers 0

working-mothersWhen it comes to working mothers, too many US organisations continue to follow policies created in the 1990s, if not the 1950s. In the report Women in America: Work and Life Well-Lived by Gallup one factor emerges that has the greatest influence on women’s decision to stay in the workforce or leave, children. In the US, more than 5 million jobs are available, but women continue to drop out of the workforce in troubling numbers because despite employers  introducing family friendly policies their cultures remain out of date. Because of this, far less than half of female employees polled (35 percent) are engaged in their jobs, and nearly half of women say they are looking for or considering new jobs. Organisations have to create cultures that enable women to maximise their full potential in and out of the workplace; and those that continue to enforce outdated policies will not be able to keep up with employers who offer more choice and flexibility and greater trust and transparency.

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