Search Results for: management

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workforce in troubling numbers because despite employers  introducing family friendly policies their cultures remain out of date.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that enable women to maximise their full potential in and out of the workplace; and those that continue to enforce outdated policies will not be able to keep up with employers who offer more choice and flexibility and greater trust and transparency.

More →

Motherhood or livelihood? Pregnancy discrimination in the workplace

Motherhood or livelihood? Pregnancy discrimination in the workplace 0

Maternity discrimination is rife

Recent research by the Commons Women and Equalities Committee suggests that around 54,000 expectant and new mothers have no choice but to leave work due to pregnancy discrimination or concerns over the safety of their children; and shockingly, this figure has doubled in the last decade alone.  Other research carried out by the Equality & Human Rights Commission (EHRC) and the former Department for Business, Innovation and Skills shows that despite 77 percent of working mothers reporting potentially discriminatory or negative experiences, only 28 percent raised the issue with their employer, and less than 1 percent pursued a claim through the tribunal system.  As a mother of two young children, this is a topic very close to my heart. I have worked in HR for over 18 years now, and advised on all manner of employee relations issues and know from personal experience that being pregnant and suffering discrimination or redundancy is not at all unusual.

More →

Disconnect between employers and staff on attitudes to mental health

Disconnect between employers and staff on attitudes to mental health 1

Mental health

There is a massive difference between employers’ perception of the way in which they address mental health in the workplace and those of their staff, according to a new report being published today. While the majority (97 percent) of senior managers believe that they are accessible if employees want to talk about mental health problems, almost half (49 percent) of employees would not talk to their manager about an issue. The findings from the Mental Health at Work report, by the charity Business in the Community are that more than three quarters (77 percent) of employees have experienced symptoms of poor mental health in their lives, and for 62 percent of employees work has been a contributing factor to their symptoms. Despite this, over half of employees (56 percent) who disclosed symptoms of said that their employer took no mitigating actions and only 22 percent of managers have had relevant mental health training at work.

More →

Up to a quarter of employers fail to monitor sickness absence

Up to a quarter of employers fail to monitor sickness absence 0

sickness-absenceNearly a quarter (23 percent) of employers still don’t record, monitor or even bother to manage sickness absence within their organisation, claims research from Group Risk Development (GRiD). Staff absence has remained static or is improving for the majority of employers, and of those that did record staff absence, 25 percent of companies say their absence has improved over the last 12 months, while for 10 percent it has worsened. Over half (55 percent) of employers said that, on average, their employees take five or fewer days off sick each year, 4 percent said on average their employees took more than 15 days off. It’s stating the obvious but given the fact so many employers disregard absence management, GRiD advises that the starting point is for companies to establish an absence policy. Their staff need to know what action to take if absent – such as who to call, and any absence needs to be recorded and monitored; as when companies know why their staff take time off work they can put appropriate measures in place.

Boost predicted for commercial property transactions across the UK

Boost predicted for commercial property transactions across the UK 0

commercial-propertyThe next five years will see demand for commercial property in the South East of England expand at a faster rate than in London according to the Royal Institution of Chartered Surveyors (RICS) Annual Occupiers Survey 2016. The survey, conducted in association with EY and Savills found that a fifth (20 per cent) of UK property decision-makers expect to increase rather than decrease the amount of space they own or rent in the South East. In total, a net balance (percentage expecting to expand minus percentage expecting to downsize) of 13 per cent more respondents in the South East expect to increase, rather than decrease their portfolio, nearly double the figure for London at seven per cent. The net balance figures showed the lowest indication of growth was in the South West, at four per cent. The survey also revealed that 41 per cent of UK firms expect to expand the amount of UK property they own or rent over the next five years while only 8 per cent expect to downsize.

More →

HSBC moves 300 staff into coworking space in Hong Kong

HSBC moves 300 staff into coworking space in Hong Kong 0

tower-535-coworking-12The idea that coworking is primarily for the self-employed, tech startups and other small firms who can’t afford permanent offices in the world’s expensive cities has been challenged with the news HSBC has moved 300 staff into a coworking space in Hong Kong, according to a report in the South China Morning Post. The bank has rented the workstations in WeWork’s space in Causeway Bay, one of the world’s most expensive districts for offices and shops. The bank has taken out a large scale corporate membership with WeWork for the 300 members of its digital and transformation team. According to the report, a spokesman from CBRE claimed that the move is less about saving money than it is with providing short term flexibility in a time of economic uncertainty. However you view that, the bank is saving as much as HK$2.45 million a month with the move (£240,000 or $320,000). The annual cost savings are estimated at HK$23,640 per person.

More →

Millennials no different from their elders in attitudes to the workplace

Millennials no different from their elders in attitudes to the workplace 0

Young workersThe portrait often drawn of Millennials is that of a generation which is keen to stand out from that of its elders, and which is difficult to pin down. They’re said to have difficulty accepting a hierarchical structure and no longer view their salary as the only motivating factor but instead are looking for a sense of accomplishment in their work. Yet as we reported recently, the behaviour and expectations of this younger generation has in fact stayed fairly constant. For them, the ideal company has attributes which are actually fairly similar to those cited by their more experienced colleagues. The result of the latest Edenred-Ipsos barometer into the under 30s suggests that for employers, the issue is not so much about dealing with this generation independently of the others, but rather globally rethinking leadership challenges in an environment which is increasingly digitalized, horizontal and multi-task oriented, taking into account individual countries’ cultural differences.

More →

Construction firms still failing to seize opportunities offered by new technology

Construction firms still failing to seize opportunities offered by new technology 0

constructionDespite substantial investment in new technology over recent years, the construction industry is struggling to realise the full benefits of key technologies including advanced data and analytics, mobility, automation and robotics. That’s the main finding from Building a technology advantage – Global Construction Survey 2016, the annual state-of-the-industry report from KPMG International. Of the 200-plus senior construction executives who took part in the survey, just 8 percent of their companies rank as “cutting edge technology visionaries,” while 64 percent of contractors and 73 percent of project owners rank as “industry followers” or “behind the curve” when it comes to technology. Two-thirds of survey respondents believe project risks are increasing. According to Armstrong, this is an industry ripe for disruption, yet less than 20 percent of respondents say they are aggressively disrupting their business models.

More →

London firms promote health and wellbeing with Square Mile Relay

London firms promote health and wellbeing with Square Mile Relay 0

hero-mediumOn the 22nd September, the biggest corporations in the City of London will compete in the iconic Bloomberg Square Mile Relay. The global race series, now in seven cities across the world, is celebrating its tenth anniversary in the capital with a record sell-out of 115 teams taking part in a unique relay in the heart of the square mile, as they attempt to prove themselves to be the fastest in the city. Each team consists of 10 runners, and each runner will be required to complete a one-mile course before passing the baton to the next competitor.  While at the heart of this race is its charitable motives, it is also reflective of an ongoing rhetoric surrounding the importance of health and wellbeing  in the workplace. The companies who have chosen to compete in this year’s global race series are communicating their desire for employees to embrace fitness as a lifestyle choice. It is a strategy in alignment with the ‘soft’ or ‘Harvard’ model of human resource management

More →

CoreNet report sets out how technology will reshape corporate real estate

CoreNet report sets out how technology will reshape corporate real estate 0

Workplace technologyThe speed of today’s technological advances is dramatically reshaping the way that corporations manage and use their real estate. It’s a dynamic that has significant consequences for the workplace, urban development and the overall lifestyle of the average worker. Those are the unsurprising conclusions of a new report from trade association CoreNet Global, which was discussed this week at the organisation’s 2016 Summit – EMEA, held in Amsterdam. As ever, the devil is in the detail so the report is worth exploring to get a sense of just how imminent many of the changes will be, especially because they will converge to create a perfect storm of change for the workplace. This marks the new era out from the past when technology developed in more predictable ways. Several CoreNet Global Gold Strategic Partners contributed to the report including CBRE, Deloitte, ISS, JLL, Newmark Grubb Knight Frank, Sodexo and Steelcase.

More →

Career advancement opportunities help attract and retain staff

Career advancement opportunities help attract and retain staff 0

US female executiveThree in 10 US employees say they are likely to leave their employer within the next two years as employers continue to experience difficulty with attracting and retaining staff. According to the Global Talent Management and Rewards Survey, from Willis Towers Watson roughly half of employers are experiencing difficulty attracting critical-skill employees, top performers and high-potential employees. More than a third of respondents reported challenges in retaining high-potential employees (37 percent), top performers (36 percent) and critical-skill employees (35 percent). The firm’s Global Workforce Study identified advancement opportunities as key. Over a third (36 percent) cited opportunities to advance as a key reason to join a company and to leave (45 percent). However, only four in 10 (41 percent) indicated their employer does a good job of providing advancement opportunities, while nearly half (47 percent) said they would need to leave their organisation to progress.

More →

Office property sector leads global real estate market in sustainability

Office property sector leads global real estate market in sustainability 0

global-sustainabilityThe global real estate market is showing signs of improvement across all areas of environmental, social and governance performance (ESG) including a 1.2 percent reduction in energy consumption, 2 percent reduction in GHG emissions and close to 1 percent reduction in water use. It is also placing greater focus on occupant health and well-being. This is according to the latest data compiled by GRESB, a benchmarking organisation for real estate companies and funds which evaluates sustainability practices in the global real estate sector. In the results for the 2016 GRESB Real Estate, Developer and Debt assessments, which analyses the sustainability performance of more than 1,100 real estate portfolios of both private equity and listed companies, Australian entities outperformed all other regions with an average score of 74, which is 14 points above the global average; and office companies and funds outperformed other property types with an average score of 66.

More →