Search Results for: job satisfaction

July 6, 2017

UK remains stuck in stubborn low productivity trap ⁰

The persistently low productivity of UK workers has dropped back to pre-financial crisis levels, according to official figures. Hourly output fell 0.5 percent in the first three months of the year, the Office for National Statistics (ONS) reports in its latest update. At the end of 2016, productivity returned to the level seen before the 2008 recession. But it has now slipped back again and is 0.4 percent below the peak recorded at the end of 2007, according to the ONS. It was the first quarterly fall in productivity since the end of 2015, according to the ONS. Economists have consistently warned that the UK’s low productivity continues to mean it lags behind its major trading partners such as the US, France and Germany.

(more…)

June 26, 2017

Study suggests ways staff could work fewer hours while raising productivity ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Employers can implement simple changes to reduce fatigue while raising worker productivity, a new academic study suggests. Research published by Manel Baucells from the University of Virginia Darden School of Business offers some useful insights for today’s workforce in overcoming fatigue while at the same time raising productivity. The paper “It is time to get some rest”, co-authored with Lin Zhao of the Chinese Academy of Sciences in Beijing, looks at how workers’ efforts can be best distributed throughout the day. The study’s implications affect not only our health and quality of life, but business and the economy too. “The bottom line is, when it comes to rest and managing fatigue, the incentives of companies and workers are perfectly aligned: Reducing fatigue increases productivity, lowers the cost of providing effort, increasing work satisfaction, lowering turnover and absenteeism, and ultimately increasing profits,” said Baucell. “Google seems to have learned this lesson and makes the work environment pleasant, promoting fun distractions, while at the same time encouraging long work hours.”

(more…)

June 12, 2017

What will the UK General Election mean for the workplace? Some experts respond ⁰

by Mark Eltringham • Architecture, Comment, Flexible working, Property, Workplace, Workplace design

Any residual feelings of certainty that anybody in the UK may have had about the country’s future following last year’s Brexit vote, will have had them pretty much eradicated by last Thursday’s General Election result. However, we must try to make sense of things for society and the wider economy as well as specific facets of it, such as the world of work. The whole thing looks like the pig’s ear that it is, of course. Fortunately, as some experts have already argued, there are some reasons to see some positive outcomes, including a soft (or softer) Brexit and the chance of a more positive approach to workplace rights, now that the Government needs to maintain a broader consensus. The fear or hope that the UK would lighten its already soft touch approach to workplace legislation would seem at least to be less well founded.

(more…)

March 30, 2017

Levels of employee engagement are declining around the world ⁰

by Sara Bean • News, Workplace

As the UK triggers Article 50 to leave the EU, France goes through what could be a game changing Presidential election and the United States continues to struggle with an increasingly divisive administration it’s perhaps not surprising that global uncertainty appears to be pushing up levels of employee scepticism. Globally, employee engagement declined for the first time since 2012, according to a report from Aon Hewitt. According to an analysis of more than five million employees at more than 1,000 organisations around the world, levels dropped from 65 percent in 2015 to 63 percent in 2016. Less than one quarter (24 percent) of employees are highly engaged and 39 percent are moderately engaged. “The rise in populist movements like those in the U.S., the U.K. and other regions is creating angst within organisations as they anticipate the potential for a decrease in free labour flow,” explained Ken Oehler, Global Culture & Engagement Practice leader at Aon Hewitt.

(more…)

March 20, 2017

People’s wellbeing never fully bounces back from unemployment, claims study ⁰

by Mark Eltringham • News, Wellbeing, Workplace

Losing a job creates a ‘new normal’ for personal wellbeing that never goes back to previous levels, a new international study claims. Unemployment is damaging to people’s wellbeing regardless of their age, gender, level of education, ethnicity or region. The new study, co-authored by the What Works Centre for Wellbeing and the University of East Anglia, looked at the impact of unemployment across a number of countries and found that joblessness tops even divorce or widowhood in its impact on our life satisfaction. The evidence also suggests people never adapt fully to unemployment. The longitudinal study of 24,000 people found on average that individuals had lower life satisfaction following unemployment and this never recovered to the pre-unemployment levels. These results applied to men and women, but the effects were found to be stronger for men. Men also were found to be happier than women once in a new job. The type of work is also important with temporary jobs proving worse than permanent work.

(more…)

March 17, 2017

1.3m people mainly choose to work in gig economy, but want basic employment rights ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

Gig economy workers are as likely to be satisfied with their work as workers in traditional employment, according to a major new survey published today by the CIPD which provides the first robust estimate of the size of the gig economy. Currently, 4 percent of UK working adults aged between 18 and 70 are working in the ‘gig economy’, which means approximately 1.3 million people are engaged in ‘gig work’ according to ‘To gig or not to gig: Stories from the modern. The report, which is based on a survey of 400 gig economy workers and more than 2,000 other workers, as well as 15 in-depth interviews with gig economy workers found that nearly two-thirds (63 percent) believe the Government should regulate to guarantee them basic employment rights and benefits such as holiday pay. But the research also found that, contrary to much of the rhetoric, just 14 percent of respondents said they did gig work because they could not find alternative employment.

(more…)

March 14, 2017

RSA report sets out nationwide strategy for inclusive growth ⁰

by Mark Eltringham • Cities, News, Podcasts, Premium Content, Property

The Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) has published the final report from its Inclusive Growth Commission. The report sets out a series of recommendations which it claims will address the lack of an inclusive approach to the economy. In the context of Brexit, this is one of the underlying drivers of dissatisfaction with the way the UK is run by central and local government, the report claims, and hence a factor in the Brexit vote. Its forward looking proposals include a greater commitment to lifelong learning, a greater focus on place to ensure the UK’s cities and regions get a greater stake in the national economy. As well as the main report, its conclusions and proposals are discussed in a podcast.

(more…)

February 14, 2017

Level of wellbeing higher for those who ‘wind-down’ into retirement ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

New research into the effect of retirement on wellbeing commissioned by The What Works Centre for Wellbeing claims that those who gradually reduce their working time with more flexible hours improve their levels of wellbeing. The study looked at all existing research and found that part-time working towards the end of our careers improves life satisfaction. It advises that employers should support older workers to ‘wind-down’ into retirement with bridging jobs or reduce their working hours to avoid poor wellbeing, a new international study reveals. However, the research highlights that this depends on whether employees had control over when they retired, rather than being forced out through ill health or restructuring. If people take up bridging jobs because of financial strain, their wellbeing drops. Even after accounting for income and health, wellbeing is higher for those who have control over the timing or plan for their retirement, and voluntary retirees derive greater pleasure from free time in retirement. On the contrary, wellbeing is lower for those who are involuntarily retired, especially due to health reasons.

(more…)

January 27, 2017

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

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Flexible 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.

(more…)

December 13, 2016

Commuting woe will drive uptake of flexible working in 2017, claims study ⁰

by Mark Eltringham • Flexible working, News

As more rail strikes grip the South East of England, a new study from Regus suggests that commuters are increasingly frustrated by the sheer tedium and disruption of getting to work in the first place and would like to adopt more flexible working practices as a result. In a study of 1,700 UK professionals carried out by the serviced office provider, 58 percent of respondents said they are looking to ‘work remotely in order to improve their travel schedule’ next year. The study cites recent reports which estimate that today’s average UK commute takes anywhere from 55 to 90 minutes with more than 3 million workers regularly facing journeys of two hours plus to get to and from work. Research has found that the commute has a detrimental effect on wellbeing, with the Office of National Statistics reporting that commuters have lower life satisfaction, lower levels of happiness and higher anxiety.

(more…)

December 12, 2016

Can an organisation simply buy employee motivation? ⁰

by Matias Rodsevich • Comment, Workplace

It’s the end of the year and like in most companies it’s probably time to start calculating and reassessing your employee’s compensation. But can you actually use money to motivate and retain your employees? A study by Willis Towers Watson found that only 20 percent of employers in North America actually believe merit pay is effective in driving high performance. Traditionally money was seen as the main incentive used to motivate employees. Higher productivity results in higher salaries and bonuses. For companies, it’s been used as the main tool to attract, retain and engage their people. Today we’ve learned that the key to motivation is much more complex than that.

(more…)

December 7, 2016

Are these the best places to work in 2017? ⁰

by Mark Eltringham • News, Workplace, Workplace design

Recruitment site Glassdoor has announced the winners of its ninth annual Employees’ Choice Awards to find the best places to work in North America and parts of Europe. The Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review, about their job, work environment and employer over the past year. This year, the Glassdoor Employees’ Choice Awards feature six categories, honouring the Best Places to Work across the UK, US (both large and small companies), Canada, France and Germany. There is one category in the UK: 50 Best Places to Work (honouring employers with 1,000 or more employees). Winners are ranked based on their overall rating achieved during the past year. The top five UK Best Places to Work in 2017 are Expedia, ARM, HomeServeUK, Mott MacDonald and Hays plc