February 17, 2022

ESG issues top wish-lists for investors and employees

by Neil Franklin • Environment, News, Workplace

The annual EY Long-Term Value and Corporate Governance Survey finds a significant increase – from 66 percent to 84 percent – of board members and C-suite who say the COVID-19 pandemic increased expectations from consumers, employees, governments and broader society that companies will drive societal impact, environmental sustainability, and inclusive growth. However, there’s also an increase – from 28 percent to 43 percent – in respondents identifying lack of commitment from the board to make decisions that fully integrate ESG factors that would lead to long-term value. Fifty five percent of respondents say there are significant differences of opinion among leadership on how to balance short-term considerations with long-term investments and sustainable growth. That figure jumps to 68 percent of board chairs and non-executive board directors. (more…)

February 15, 2022

Despite the talk of the Great Resignation, most people actually enjoy their jobs

by Neil Franklin • Jobs, News, Workplace

While many people may be busy considering their career options as part of the ‘Great Resignation’, a new poll claims that the majority of Brits actually enjoy their jobs. According to data from HR software provider CIPHR around two-thirds (65 percent) of the 1,031 employees polled said they either love or like their current jobs (19 percent and 46 percent respectively). CIPHR took the findings of how people feel about their jobs and grouped people with related job titles together (using the Office for National Statistics’ standard occupational classifications) to compile a list of the UK’s best-loved – and also least-liked – occupations: www.ciphr.com/uks-favourite-jobs. (more…)

February 7, 2022

Half of unemployed men aged 50+ out of work for at least a year

by Jayne Smith • Jobs, News, Workplace

There were nearly 200,000 men aged 50 and older out of work between September and November 2021 – an increase of 24 percent in two years – and 50 percent of them were unemployed for at least a year, according to new analysis from Rest Less, a digital community and advocate for older people. Rest Less analysed the latest labour market data from the Office of National Statistics to find that unemployed men aged 50+ are significantly more likely to be in long-term unemployment, defined as out of work for at least a year, than any other age group. (more…)

February 3, 2022

Working from home fuels concerns for energy consumption

by Sara Bean • Environment, Features, Flexible working

Back in February 2020, consulting firm WSP UK published some interesting research that revealed those working from home during the summer saved around 400kg of carbon emissions, the equivalent of 5 percent of a typical British commuter’s annual carbon footprint. The catch was that it was just a seasonal benefit. If an average employee worked at home all year round, they would produce 2.5 tonnes of carbon per year – around 80 percent more than an office worker. This is because, during the winter, most heating systems in Britain heat the whole house, which produces far more carbon emissions than would be produced from the commute. (more…)

January 27, 2022

Firms that invest in sustainability are more resilient, research claims

by Jayne Smith • Business, News

Investing in sustainability increases the resilience of small and medium-sized enterprises (SMEs) because they become more creditworthy, according to new research conducted by Vlerick Business School and commissioned by ABN AMRO. Although large companies are under scrutiny from regulators, consumers and the media to become more sustainable, the sustainability transition is unachievable without the involvement of SMEs. Especially since SMEs constitute more than 60 percent of the value-adding economic fabric in Europe. (more…)

January 18, 2022

Cities need to open themselves up to Nature, report claims

by Jayne Smith • Cities, Environment, News

Cities contribute 80 percent to global GDP – but they also account for 75 percent of global greenhouse gas emissions. Integrating nature-positive solutions can help protect cities from growing risks associated with extreme weather while driving sustainable economic growth, according to a new study from the World Economic Forum. In collaboration with the Alexander von Humboldt Institute and Government of Colombia, WEF’s BiodiverCities by 2030 Initiative published a report addressing the urgency of cities’ untenable relationship with nature. The Initiative’s goal is to reverse this existential global threat and move forward with a plan that will result in cities and nature co-existing in harmony by the end of the decade. (more…)

January 4, 2022

Hybrid working will demand leaders develop new communication skills

by David Mills • Comment, Flexible working

Keeping on top of communication barriers in the business world can feel like an endless game of Whac-A-Mole, especially now in the new era of hybrid working. The usual culprits are well-known by now: patchy WiFi connections, crashing computer programmes, cloud syncing issues, important emails sneaking into spam folders – the list goes on. All can impede our ability to get the job done. (more…)

December 14, 2021

Corporate boards struggle to act on climate change

by Jayne Smith • Business, Environment, News

Heidrick & Struggles (Nasdaq: HSII) in partnership with INSEAD, have published a report titled Changing the Climate in the Boardroom. The report addresses corporate leadership’s take on climate change, what boards around the world are currently doing to address climate change, and what they should be doing moving forward. (more…)

December 10, 2021

Artificial Intelligence to guide organisations through new challenges

by Jayne Smith • News, Technology

The World Economic Forum published the “Human-Centred AI for Human Resources: A Toolkit for Human Resources Professionals” to scale the responsible use of artificial intelligence in Human Resources (HR). The toolkit includes a guide covering key topics and steps in the responsible use of AI-based HR tools, and two checklists – one focused on strategic planning and the other on the adoption of a specific tool. (more…)

December 8, 2021

Nearly half of UK employees are ready for a workplace metaverse

by Jayne Smith • Flexible working, News, Technology

Research released by Owl Labs suggests that nearly half (47 percent) of the UK population want companies to adopt the metaverse – a highly immersive virtual world that recreates opportunities for work, socialising, entertainment, and education – in the workplace. (more…)

December 1, 2021

Longer lives significantly contributing to European economies, new reports claims

by Neil Franklin • News, Wellbeing

A series of reports published by the International Longevity Centre UK (ILC) highlights the economic opportunities of longer lives across Europe. According to the reports, older people’s contributions across the European region are significant, and growing. The reports call for countries to better support older people’s economic contributions, particularly through greater investment in preventative health measures that support healthy ageing – the authors call for governments to invest at least 6 percent of their health budgets on these interventions, such as vaccines, screenings, early detection and management of disease. (more…)

November 30, 2021

Pandemic-driven shifts have made the workforce smaller, younger and more female

by Jayne Smith • Flexible working, News, Working lives

The pandemic has not led to mass unemployment as many feared, but has instead driven wider shifts that have increased employment among younger women, but pushed many men and older workers out of the labour market altogether, according to new research. (more…)