Search Results for: income

The workplace world responds to the UK Autumn Budget

The workplace world responds to the UK Autumn Budget

by • News, Property, Workplace

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit and austerity inevitably cast their shadows over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, some of which have been broadly welcomed by commentators, industry bodies and experts. Some are decidedly less popular. Among the announcements in the budget were new plans for infrastructure and property, skills and training, tax regimes for the self-employed, productivity, business rates and mental health.

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Regus to sue WeWork; blinkers for office workers; and some other stuff you should know about

Regus to sue WeWork; blinkers for office workers; and some other stuff you should know about

by • Features, Property, Technology, Workplace design

What to make of the announcement that Chengdu is thinking of creating an artificial moon so that it can do away with street lights, bathing the city’s streets in permanent dusk? Well possibly a big thumbs up for the ingenuity and maybe thumbs down for the impact on people’s circadian rhythms and awareness of what’s in the heavens. People really should look up more, both figuratively and literally. Maybe there’s also room for a thought about we we can over-complicate designed solutions when we look to innovate beyond a certain point.

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Around half of workers expect to have multiple careers throughout their working life

Around half of workers expect to have multiple careers throughout their working life

by • Flexible working, News, Workplace

Just under half of UK workers (46 percent) expect to have multiple careers throughout their working life, as opposed to one structured and lifelong career, according to a new report from employee benefits firm Unum and researcher The Future Laboratory. The Future Workforce (registration required) sets out to examine the motivations and priorities of UK workers, to understand how the nation’s workforce will change over the next decade. Insights were drawn from a survey of more than 3,000 UK workers, as well as from interviews with a range of industry experts and business leaders.

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Working long and hard? It may do more harm than good for your productivity and wellbeing

Working long and hard? It may do more harm than good for your productivity and wellbeing

by • Features, Flexible working, Wellbeing

Nearly half of people in the EU work in their free time to meet work demands, and a third often or always work at high speed, according to recent estimates. If you are one of them, have you ever wondered whether all the effort is really worth it? Employees who invest more effort in their work report higher levels of stress and fatigue, along with lower job satisfaction. But they also report receiving less recognition and fewer growth opportunities. And they experience less job security. So increased work effort not only predicts reduced wellbeing, it even predicts inferior career-related outcomes.

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The evolution of the workplace conversation in ten graphs

The evolution of the workplace conversation in ten graphs

by • Comment, Facilities management, Technology, Workplace design

Based on Google Trends data since 2004 and without comment.

 

 

 

 

 

 

 

 

 

 

 

Main image: Herman Miller Living Office

Gig economy workers are overworked, underpaid and constantly monitored

Gig economy workers are overworked, underpaid and constantly monitored

by • Flexible working, News, Wellbeing

A study of the wellbeing of workers in the so-called gig economy from academics at Oxford University claims that they are stressed, isolated, micro-managed by algorithms and face constant downward pressure on their incomes. The focus of the research was on workers contracted by digital platforms and subject to selection by algorithms. The study, Good Gig, Bad Big: Autonomy and Algorithmic Control in the Global Gig Economy, looked at the impact on the personal wellbeing of computer programmers, translators, researchers and people in similar roles contracted through online freelance platforms.

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HR offers the key to enhanced employee financial wellbeing, claims report

HR offers the key to enhanced employee financial wellbeing, claims report

by • News, Wellbeing, Workplace

With poor financial wellbeing impacting on productivity, a new paper claims that, despite growing interest, there remains a lag in employers taking action in this area – and that Human Resources departments are key to building a business case for support. Published by the Institute for Employment Studies (IES), the paper, Building the business case for employee financial wellbeing, draws on findings from a Money Advice Service-funded study trialling financial wellbeing guidance from IES and the Chartered Institute of Personnel and Development (CIPD).

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Artificial intelligence will create more jobs than it displaces, claims new study

Artificial intelligence will create more jobs than it displaces, claims new study

by • News, Technology

Artificial Intelligence (AI) and related technologies are projected to create as many jobs as they displace in the UK over the next 20 years, according to new analysis by PwC. In absolute terms, around 7 million existing jobs could be displaced, but around 7.2 million could be created, giving the UK a small net jobs boost of around 0.2 million. While the overall net effect of AI on UK jobs may be broadly neutral, this varies significantly across industry sectors. The most positive effect of AI is seen in the health and social work sector, where PwC estimates that employment could increase by nearly 1 million, equivalent to around 20 percent of existing jobs in the sector. On the other hand, PwC estimates the number of jobs in the manufacturing sector could be reduced by around 25 percent, representing a net loss of nearly 700,000 jobs.

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Quarter of British workers have a side hustle as well as their main job

Quarter of British workers have a side hustle as well as their main job

by • Flexible working, News, Workplace

Academics at Henley Business School have revealed a growing trend in ‘side hustles’ which shows that as many as 1 in 4 people in the UK are running at least one business project alongside their main day job, contributing an estimated £72 billion to the UK economy. Henley has published a white paper on the emerging side hustle economy. Its study of over 500 business leaders and 1,100 UK adults found the trend is now happening at an unprecedented pace across the UK.  A side hustle is defined as a secondary business or job that brings in, or has potential to bring in, extra income. 73 of people who start a side hustle do so to follow a passion or explore a new challenge, but there are financial benefits too, with side businesses contributing 20 percent to side hustlers’ income.

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The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

by • News, Wellbeing

Policymakers and business leaders must work to improve wellbeing among the self-employed, a new report by the Centre for Research on Self-Employment (CRSE), has said. Instead of exploring self-employed wellbeing through the conventional prism of economic success, the report, The Way to Wellbeing, adopts a new approach. It considers people’s overall life satisfaction, based on their subjective assessments of various aspects of their lives – including jobs, income, health, family life and leisure. The report found that wellbeing was higher among self-employed people by using subjective assessments of different aspects of their lives. This is the first time a major report of its kind has taken a holistic view of wellbeing – looking at jobs, health, family life and leisure – to build an overall picture of life satisfaction, rather than just using a narrow measure of economic success.

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BCO to provide definitive guidance on enabling wellbeing in the office

BCO to provide definitive guidance on enabling wellbeing in the office

by • Facilities management, Flexible working, News, Wellbeing, Workplace design

BCO to provide definitive guidance on enabling wellbeing across the office A major research study “Wellness Matters: Health and Wellbeing in offices and what to do about it” by The British Council for Offices (BCO) is being launched today. The study critiques existing Health and Wellbeing measurement and certification, identifies the most recent and relevant medical evidence justifying a proactive approach to Health and Wellbeing in the built environment, and articulates the business case for investment in this space beyond simply improving productivity. (more…)

Flexible office space is becoming mainstream as demand grows

Flexible office space is becoming mainstream as demand grows

by • Facilities management, Flexible working, News, Property

Growing demand means flexible office space is becoming mainstreamThe provision of flexible office space is increasing as landlords look to capitalise on its increasing demand by occupiers. Alongside this a significant proportion would be happy to work in partnership with a flexible office space provider. According to a new study; UK Landlords & Investors Embrace the Flexible Revolution from CBRE, the majority of UK landlords (92 percent) believe that flexible office space is on the brink of becoming mainstream and are not only keen to monitor but respond to the growth of flexible office space. Over three quarters (77 percent) of survey participants stated that they are currently considering some form of flexible provision, with 79 percent declaring an intention to act within the next 12 months. (more…)

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