Search Results for: generation z

June 13, 2018

US companies are waking up to the benefits of caring for employee mental health

In 2015, the American Psychological Association chose American Express as the inaugural winner of the Organizational Excellence Award, recognizing successful efforts to integrate psychology and prioritize behavioral health and emotional well-being in the workplace. American Express had an employee assistance program (EAP) for workers dealing with depression and other mental health challenges. The EAP was a telephone-consultation system and only about 4 percent of employees utilized it. After the firm added on-site counselors to meet with employees for free—and rebranded the EAP as part of its “Healthy Living” —the usage rate more than doubled.

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June 11, 2018

Prevalent ageist attitudes harm the health and wellbeing of everybody

by Mark Eltringham • News, Wellbeing

A report published by Royal Society for Public Health in partnership with the Calouste Gulbenkian Foundation has revealed the extent of ageist attitudes across the UK, and how they harm the health and wellbeing of everyone in society as we grow older. RSPH is calling for action to tackle inter-generational isolation, end the stigmatisation of older people, and undo the media clichés that keep ageism alive and well. RSPH evaluated ageist attitudes across 12 main areas of life, finding that the public are most ageist about memory loss, appearance, and participation in activities (both physical and community). The report highlights the extent to which old age is viewed by many as a period of decline and ordeal, and calls on stakeholders in the media, government, voluntary sector, and schools to take action to reframe the way our nation views ageing in a more positive light.

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June 11, 2018

Women and younger people are transforming the UK’s freelance economy

by Neil Franklin • Flexible working, News

The workforce is changing as more people swap the security of a 9-to-5 job for the flexibility of freelancing, with key demographics and industries leading the self-employed sector, according to a new study from Instant Offices. ‘Millennials’ and UK workers facing significant lifestyle changes, such as motherhood, or nearing retirement, and are looking for more flexible ways to work. According to the Association of Independent Professionals and the Self-Employed (IPSE), the self-employed sector now includes approximately 4.8 million people, with freelancers comprising 42 percent of that population and 6 percent of the UK workforce as a whole. The IPSE reports that in 2016, freelancers contributed £119 billion to the national economy. This was up from £109 billion in 2015 and experts are predicting that this number will only continue to grow in the years to come.

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June 5, 2018

Employees who work in digitally advanced workplaces are more productive and motivated

by Sara Bean • Facilities management, News, Technology, Wellbeing, Workplace

Companies that are less technologically advanced are at risk of falling behind the competition and not attracting top talent, claims a new global study from Aruba. By contrast, employees who work in digital workplaces are not only more productive but also more motivated, have higher job satisfaction, and report an overall better sense of well-being. The study, Digital Revolutionaries Unlock the Potential of the Digital Workplace, outlines both the business and human benefits of more digitally-driven workplaces, and how. Almost all respondents (97 percent) thought their workplace would be improved through greater use of technology, while 64 percent said their company will fall behind the competition if new technology isn’t implemented. The same portion (64 percent) believe the traditional office will become obsolete due to advances in technology. However, the survey also warns that companies must be vigilant as more digital-savvy employees are taking greater risks with data and information security.

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May 30, 2018

Low unemployment means new recruits will quit if the job doesn’t measure up

by Sara Bean • News, Workplace

Alongside the challenge of finding the right people to fill roles is keeping them there, according to a survey from Korn Ferry which claims that the majority (93 percent) of employers agreed that the retention of new hires in their organisation is becoming an issue. New recruits individuals agree, with 26 percent admitting they’d leave a job if it wasn’t a good fit, even if they didn’t have another position lined up. The top reasons new hires leave, according to the survey, is their specific role isn’t what they expected and working for the company was different than they thought it would be. Respondents said a desire for more money was not a primary reason a new hire would leave. More than half of the respondents (55 percent) said that offering more money to a new hire who wanted to leave would not make them stay and more than three quarters, (82 percent) said that if they personally accepted a job that they ended up not liking, even though it paid well, they would leave as soon as they found a new job.

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May 23, 2018

Flow of gig workers moving in and out of Britain will increase due to Brexit

by Sara Bean • Flexible working, News, Workplace

UK businesses are already one of the top employers of short contract “gig workers” at an international scale and with Brexit just around the corner, a new survey commissioned by Graebel and carried out by Wakefield Research found that 97 percent of UK Millennials would be interested in relocating to another country for a contract job. After Brexit takes place, nearly three in five (58 percent) British gig workers are more likely to relocate from the U.K. to another EU country for a contract job, and 72 percent of British Millennials answered the same way. Gig workers in each of the top three gig economy markets (UK, US and Singapore), were asked how companies can cater for the needs of this new generation of workers and how to retain their top talent. New York (33 percent), Los Angeles (21 percent) and Paris (21 percent) are the top three picks for UK gig workers looking to relocate. On the other hand, London is still the top choice for US gig workers (33 percent) and second choice for gig workers in Singapore (26 percent).

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May 17, 2018

Bosses warned about major leadership changes in a tech-driven economy

by Sara Bean • News, Technology, Workplace

With companies holding ever greater amounts of data and facing heightened scrutiny through social media, employers need to consider the wider implications of their business decisions. This was the message of the President of the Chartered Management Institute (CMI), who has warned business leaders and students in Birmingham of the challenges facing bosses in the rapidly evolving tech and data-driven economy. Speaking at the annual MacLaren Memorial Lecture at Aston University, Bruce Carnegie-Brown told the 200-strong audience that the digital revolution is having a transformative effect on the priorities of business leaders, which pose new management challenges. “The growth of social media has made an invaluable contribution in democratising the control of information, he said by, “increasing transparency through universalising access to data and doing it in real time”. Carnegie-Brown, who is also the chairman of Lloyd’s of London, added: “With information more accessible than ever before, those that own or collect data find themselves with huge amounts of power – both social and commercial. But with great power comes great responsibility and balancing these two forces is the greatest leadership challenge of today’s generation of business leaders.”

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May 16, 2018

A 21st Century take on the idea of the time capsule that tells us something about the way we work

by Freddie Steele • Comment

Last December, National Geographic published a story about the discovery of one of the oldest known time capsules. It was concealed by a chaplain of the Cathedral of Burgo de Osma in Spain, in the buttocks of a statue of Jesus Christ. Hidden inside were some documents that detailed life in Spain in the late 18th Century, along with some thoughts on the political and religious systems of the time. Historians have concluded that this was one of the very first time capsules, given that the creator clearly intended it to be discovered at some point in the distant future. This has been the standard approach to time capsules for hundreds of years; a chance to leave behind some artefacts or thoughts for a future generation to learn about the past.

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May 10, 2018

London’s tech startups and SMEs shift focus from normal hotspots to migrate South of the river

by Mark Eltringham • News, Property

Hubble, an office and coworking marketplace, has published new data which it claims shows that tech startups and other growing SMEs in London are leaving the capital’s best known tech hotspots, including Shoreditch and Soho, for south of the river. Hubble’s search data suggests that London Bridge (29 percent of all searches) is the most popular location in London for companies searching for flexible office space in 2018 (a sharp rise from 3.7 percent of searches in 2017), beating Shoreditch with 27 percent of all searches. More than 37 percent of searches were for office space in south London, counting London Bridge and the Southbank (8.5 percent). Startups and SMEs are branching out to different creative “hub-spots” within London, but most prominently is an unprecedented shift to south of the river. Searches for London Bridge specifically make up 29 percent of all searches and the Southbank, as a whole, making up 37.5 percent of all search queries.

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May 9, 2018

Optimal workplace productivity gains could add £39.8 billion to British and Irish economies

by Neil Franklin • Facilities management, News, Technology, Workplace design

The United Kingdom could reshape its economic future and unlock its share of £39.8 billion in untapped GDP if organisations were to ‘optimise their workplaces’, according to a new study by Ricoh and Oxford Economics, titled The Economy of People (registration required). The UK could achieve a 1.8 percent increase in GDP, equal to £36.8 billion, which could pay for the cost of Brexit twice with change to spare. Similarly, the Irish economy could expand by 1.0 percent, or £3 billion, if businesses commit to creating the optimal office. The findings from The Economy of People are based on forecasts of how productivity in various industries will improve, if investment in workplaces makes them optimal for those that work there and their employers. Surveys and interviews were conducted with employees and executives to uncover how workplace elements, such as culture, physical workspace and technology affect performance and productivity.

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May 1, 2018

No surprises in new report on future workplace trends

by Mark Eltringham • Comment, Flexible working, Technology, Wellbeing, Workplace design

The latest Global Workplace Trends report from Sodexo focuses on the ‘workplace experience’ and how it affects levels of engagement, wellbeing and corporate performance. It’s an undemanding study that sets out seven trends covering familiar themes in a familiar way, even though the authors claim it offers ‘fresh insights’. As well as the idea of ‘experience’, it touches on ideas about the intersections of digital and physical space and the implications for people and organisations as well as the workplace professions. It uses the standard vocabulary, various buzzwords and the usual presuppositions to look at the impact of Millennials, AI, the sharing economy and so on. The visuals are the usual parade of smiling, diverse – but no unattractive, disabled and old – hipsters sharing screens and being creative in sun-dappled interiors. Sauce it with some virtue signals and it’s job done.

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April 25, 2018

Nearly half of London Law firms are already utilising AI

by Sara Bean • AI, Cities, News, Technology

There have already been warnings from workplace experts that the legal profession isn’t one to choose for those starting out on their careers as it’s ripe for automation, and a new survey claims these changes are happening fast. According to a survey of over a 100 law firms by CBRE, nearly half (48 percent) are already utilising Artificial Intelligence (AI) and a further 41 percent have imminent plans to do so. Of the firms already employing AI, 63 percent of firms are using it for legal document generation and review, and the same proportion for e-discovery. Due diligence (47 percent) and research (42 percent) were also common applications, along with compliance and administrative legal support (each 32 percent). The use of AI will affect employment levels, with the greatest impact predicted at the junior and support levels, where nearly half (45 percent) of firms believing that there will be a reduction in headcount. In contrast, only 7 percent of firms believe that senior headcount levels will be reduced.