Search Results for: information

Rise in gender and ethnic diversity to boards in finance sector, despite ‘closed shop’

by • Legal news, News, Workplace

Banking and finance companies within the FTSE 100 have increased gender and ethnic diversity at board level, but there remains a question over whether minorities can break through the glass ceiling, as many of the top roles in banking and finance companies (Chair, CEO & CFO) remain a closed shop for ethnic minority and female leaders. This is according to a new study from Green Park which claims the leadership pipeline, supplying the highest tier of management in FTSE 100 banking and finance companies, now features the highest level of ethnic minority talent in four years, including 15 percent of professionals with a non-white background compared with 5 percent of leadership pipelines for FTSE 100 companies overall and 6.5 percent in 2014. The banking and finance sector has also met the target set by Lord Davies that 25 percent of board members should be female. However, this has been updated by the Hampton-Alexander Review to a target of 33 percent by 2020, which suggests that banking and finance companies will still need to do more to increase the proportion of female leaders in their leadership pipelines.

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Over a third of workers have left a job because of the stress it caused them

Over a third of workers have left a job because of the stress it caused them

by • Events, News, Wellbeing, Workplace

Over a third of workers have left a job because of the stress it caused them

New research released to mark International Stress Awareness Day tomorrow (Wednesday 1st November) has revealed that more than one third (36 percent) of the working population have left a job because of the stress it caused them, according to research conducted by Citation. It claims that  women are almost 10 percent more likely to leave because of stress than men, and those aged between 25 to 34-years old were most likely to struggle with workplace stress. Worryingly, more than half (53 percent) of employees feel too afraid to show signs of stress at work. More than a quarter (27 percent) think it’ll make them look weak, one in five (18 percent) worry it will affect their career and the remaining 7 percent feel uncomfortable approaching their manager with the problem. Those aged between 18 to 24-years old were most likely to fear for their career and worry about looking weak. Employees between 45 and 54 were notably more likely to feel at unease approaching their manager.

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Employees are investing their own time and money to remain competitive in the changing workplace

Employees are investing their own time and money to remain competitive in the changing workplace

by • Flexible working, News, Technology, Workplace

Capgemini and LinkedIn have published a new global report exploring the ‘digital talent gap’, which analyses the demand and supply of talent with specific digital skills and the availability of digital roles across multiple industries and countries. The report, The Digital Talent Gap—Are Companies Doing Enough? claims to reveal the concerns felt by employees when assessing their own digital skills and the lack of training resources currently available to them within their workplace. Highlights include the fact that nearly 50 percent of employees, rising to close to 60 percent for what the report calls digitally talented employees are investing their own money and additional time beyond office hours to develop digital skills on their own. Capgemini surveyed 753 employees and 501 executives at the director level or above, at large companies with reported revenue of more than $500 million for FY 2016 and more than 1,000 employees. The survey took place from June to July 2017, and covered nine countries – France, Germany, India, Italy, the Netherlands, Spain, Sweden, the United Kingdom and the United States and seven industry sectors.

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Employees motivated by bad news as well as good news, research finds

Employees motivated by bad news as well as good news, research finds

by • News, Wellbeing, Workplace

Bad news is better than no news at all when it comes to motivating staff, according to new research from academics in Warwick and Zurich.  The study found that withholding important information from staff could mean the difference between a motivated workforce and an unmotivated one – irrespective of whether it was good or bad news for workers. The study, led by Leif Brandes, of Warwick Business School, found that many managers underestimate the motivational power of bad news. In the paper The Value and Motivating Mechanism of Transparency in Organizations, published in the European Economic Review, Dr Brandes and Donja Darai, of the University of Zurich, designed a new version of the so-called ‘dictator’ game to study the effect of information sharing on motivation.

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An environmental psychology perspective on workplace design

An environmental psychology perspective on workplace design

by • Facilities management, Features, News, Wellbeing, Workplace design

I recently had the pleasure of travelling to Cape Town to present a keynote address at the Dare to Lead conference organised by Green Building Council South Africa (GBCSA). I had just 20 minutes to speak on a psychologist’s view of health, wellbeing and performance; that’s a huge subject area and pretty much my whole career condensed down to the typical time it takes to boil a pan of potatoes. So, I focused on just three psychological theories: motivation, personality and evolutionary psychology.

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Gulf in levels of employee engagement between US and Europe

Gulf in levels of employee engagement between US and Europe

by • Flexible working, News, Workplace

productivityA new report from Gallup called The State of the Global Workplace (paywall although there is an information light executive summary) claims that only one in ten European workers are engaged with their work compared to 31 percent in the US and Canada. In the UK, British workers were found to be 11 percent engaged with around a fifth (21 percent) actively disengaged. The report cites American management practices as one explanation for the apparent gulf. One of the more notable findings from the study is that just 32 percent of Latin American residents aged 23 to 65 say they are employed full time for an employer compared to 56 percent of US and Canadian residents in that age range.

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Plans announced for Digital City on Toronto waterfront

Plans announced for Digital City on Toronto waterfront

by • News

Sidewalk Labs, owned by Google’s parent company, Alphabet, is to build a ‘digital city’ in Toronto to showcase smart city technology and a range of other cutting edge innovations and examples of best practice. The aim is to turn the Eastern waterfront area of the city into a working laboratory for a range of technologies such as fast wi-fi, millions of smart city sensors, sustainable energy and autonomous cars. The over 3 million s. ft. mixed-use development in Toronto will also be built using cutting edge innovations in construction. Google is already set to become the first major tenant in the development with an office for 300 employees of its Canadian HQ. Sidewalk Labs and the local authorities hope to turn the area into a “place for tens of thousands of people to live, work, learn and play – and to create and advance new ideas that improve city life”.

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How our smartphones stop us from living in the moment

How our smartphones stop us from living in the moment

by • Comment, Technology, Wellbeing

As a teacher who has long witnessed and worried about the impacts of technology in the classroom, I constantly struggle to devise effective classroom policies for smartphones. I used to make students sing or dance if their phones interrupted class, and although this led to some memorable moments, it also turned inappropriate tech use into a joke. Given the myriad deleterious effects of phones – addiction, decline of face-to-face socialisation, deskilling, and endless distraction, for starters – I want students to think carefully about their phone habits, rather than to mindlessly follow (or not follow) a rule.

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Report warns of growing cybersecurity threat to organisations by their own staff

Report warns of growing cybersecurity threat to organisations by their own staff

by • Facilities management, News, Technology, Workplace

An overwhelming majority of employees are deliberately seeking out information they are not permitted to access, exposing a major cybersecurity problem among today’s workforce, claims new research published by One Identity. The survey, conducted by Dimensional Research, polled more than 900 IT security professionals on trends and challenges related to managing employee access to corporate data. Among key findings, a remarkable 92 percent of respondents report that employees at their organisations try to access information that is not necessary for their day-to-day work – with nearly one in four (23 percent) admitting this behaviour happens frequently. Most alarmingly, the report indicates that IT security professionals themselves are among the worst offenders of corporate data snooping. One in three respondents admit to having accessed sensitive information that is not necessary for their day-to-day work.

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Major US surveys uncover ambivalent attitudes towards the impact of technology and automation on our lives

Major US surveys uncover ambivalent attitudes towards the impact of technology and automation on our lives

by • AI, News, Technology

The ambivalent attitude many people hold towards technology is laid bare in two major new studies from the Pew Research Centre. When asked to name what has brought about the biggest improvements in their lives over the last 50 years, technology is the most commonly cited factor by people across the US. They are even optimistic that technology will have a similarly beneficial impact over the next half century. Yet when asked about their specific attitudes towards artificial intelligence and automation in a second survey, many are apprehensive about the impact the technologies will have on their jobs and income.

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A third of UK employees ready to quit their jobs as half their time is spent on “work about work”

A third of UK employees ready to quit their jobs as half their time is spent on “work about work”

by • News, Workplace

A new study claims that duplicated work, disorganisation, and micromanagement are widespread within UK businesses. The study claims that unproductive working practices in UK companies are rife, with 42 percent of employees saying they spend most of their time on futile “work about work” tasks, including status meetings, organising work, and tracking down information, as opposed to doing their actual work and moving projects forward. As well as impeding productivity, this is threatening staff retention: almost a third (31 percent) of UK employees admit they have either thought about leaving or actually left a job as a result of a culture which wastes their time on side issues.

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Standing to work may be as good for our cognitive performance as it is our physical wellbeing

Standing to work may be as good for our cognitive performance as it is our physical wellbeing

by • News, Wellbeing, Workplace design

Before we begin, the usual disclaimer that sitting is definitely not the new smoking and standing to work for long periods is just as bad as sitting. Having said that, a new study published in the Journal Psychological Science carried out by researchers at Ariel University and Tel Aviv University suggests that standing to work may improve cognitive performance as well as physical wellbeing. The study of 50 students carried out by Yaniv Mama, David Rosenbaum and Daniel Algom found that the mild stress associated with the effort of standing up improved the ability of participants to cope with simple mental tasks.

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