Search Results for: opportunities

January 2, 2018

We need to stop talking about self-employment as a monocultural phenomenon

by Andrea Broughton • Comment, Flexible working

Self-employment has grown considerably in the UK over the past 15 years, now totalling around 4.8 million workers, or 15 per cent of the workforce. There is a debate about the extent to which this growth in self-employment is a positive development: some believe that it is a positive feature of an entrepreneurial and flexible economy, while others fear that it is increasing levels of precariousness. This is a difficult issue to address as there is great heterogeneity among the self-employed workforce. In order to shed light on this, IES undertook research for the Centre for Research on Self-Employment (CRSE) to divide the self-employed workforce into segments. The policy debate on self-employment has often been carried out on the assumption that there is some homogeneity among the self-employed workforce. However, this is far from the case, and it could be argued that diversity is increasing due to the growth of the so-called gig economy. In order to help clarify the debate, IES undertook research for the CRSE that aimed to achieve greater clarity in terms of the size and nature of the different segments of the self-employed workforce. The aim is that if the sector is better segmented, this will help policymakers to avoid taking a broad-brush approach to the treatment of self-employed workers.

December 22, 2017

Most US employees will work and stay in touch with colleagues during the holiday season

by Mark Eltringham • Flexible working, News, Technology, Wellbeing

Over Christmas and New Year, 43 percent of US workers say they plan to take a holiday, and of that group, roughly half — or 21 percent of all workers — will completely disconnect from work. Meanwhile, 22 percent of workers will be taking a holiday but checking in with work via email or other means. These findings, from a poll of over 500 people from earlier this month claims that the majority of workers will be connected to their jobs over the holidays — either because they are not taking a vacation at all or because they will check in during their vacation days. US workers are more likely to say they plan to take holiday than they were when Gallup last asked the question, at the beginning of the millennium. The 43 percent of US employees who plan to take a break this holiday season is up from about a third of workers (34 percent) in 2000.

December 19, 2017

Employers want to grow workforce next year, but concerned about Brexit impact

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

Just over half (51 percent) of firms across the UK will grow their workforce in the year ahead, with confidence highest amongst small and mid-sized firms (58 percent) according to the latest CBI/Pertemps Network Group Employment Trends Survey. But the survey warns that delivering further jobs growth depends on businesses being confident they can remain competitive if they choose to base staff in the UK. Nearly two thirds (63 percent) currently believe that changes in the UK labour market will contribute to Britain becoming a less attractive place to invest and do business over the next five years – up from 50 percent last year and 25 percent in 2015. Skills gaps were the single most prominent worry facing firms, with nearly four in five (79 percent) respondents highlighting this as a worry – up from 64 percent in 2016. Access to overseas workers is a big contributor to this, with nearly half of respondents (49 percent) identifying uncertain access to labour supply – up from 35 percent in 2016 as a concern.

December 14, 2017

One in three UK workers unhappy at work and a quarter plan career change

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

The majority (72 percent) of employees in the UK go to work just to afford to live rather than for job satisfaction and one in four are considering a career change in 2018, claims a new survey. According to research conducted by Paymentsense, over half of those questioned say money is their biggest motivation, 67 percent say their degree went to waste and they work in an unrelated role, and 25 percent are considering a whole career change in 2018. According to the 2,000 UK participants in the survey, a career peak occurs at 42 years old, which is when you start to lose passion for your work. At this age, opportunities to progress seem to be rare which is why when asking those in their 40’s ‘why do you go to work every day’? 76 percent say to be able to afford to live. 51 percent say they need to just pay the mortgage and 57 percent have responsibilities to support the family.

December 12, 2017

Employer bias is undermining business innovation and potential says OU

by Sara Bean • Legal news, News, Workplace

Over a quarter of senior managers hire people just like them, and this bias is still rife in some organisations, according to new market research commissioned by The Open University. The study amongst business leaders and employees finds that three in 10 (29 percent) senior managers admit they hire people just like them, and warns employers may be overlooking candidates from different social and educational backgrounds, impacting access to talent, and hindering business innovation and performance as a result. Employers place significant importance on educational attainment (86 percent), cultural fit (77 percent), tastes and leisure pursuits (65 percent), and even social background (61 percent). Considering the typical social make up of managers, this raises concerns about diversity, a key driver of innovation, and hints at a glass ceiling for those from less privileged backgrounds, with the re-enforcement of the historical class system. The issue is prevalent in both recruitment and employment, with bias creating a ‘degree premium’, particularly at entry level.

December 12, 2017

Third of applicants turn down jobs due to lack of flexible work options

by Sara Bean • Flexible working, News, Workplace

With employment at record levels and the labour market the fiercest it’s been for years, candidates have more choice about where they work than ever before. This is putting substantial pressures on companies to impress talented individuals through the entire recruitment and onboarding process if they want to keep them for the long term. But new research suggests that nearly half (45 percent) of job candidates have turned down a position because they weren’t impressed by the company during the interview process. According to the research by NGA Human Resources other common reasons for declining a position include having a better offer from another company (56 percent), lower than expected salary offer (49 percent) and finding out the role was not as originally described (44 percent). Modern job seekers are now looking for more than just a decent salary. In fact, 33 percent of candidates have declined a position because they didn’t have flexible work options, 29 percent due to the lack of a good benefits package and 27 percent because they didn’t feel they would fit in with their new colleagues.

December 7, 2017

Shifts in occupier behaviour and attitudes to real estate pave the way for a workplace revolution

by Mark Eltringham • News, Property, Technology

The rise of the flexible office is the result of dramatic changes in the way corporate occupiers approach their real estate decisions, and will open up opportunities for landlords able to adapt and respond to these shifts. These are some of the claims from The Flexible Revolution (registration required), a pan-European report from CBRE exploring the flexible office market. Over the past decade the global flexible office market has been growing at an average of 13 percent per annum. Growth rates in EMEA (excluding UK) and APAC have averaged around 20 percent per annum, while the more mature and larger markets of the UK and the USA have seen average growth of 10 percent per annum over the same period. Key European cities like Berlin, Paris and London have all seen strong year-on-year growth of 12 – 21 percent between 2016 and 2017, which is comparable with markets like New York and San Francisco, where the flexible office concept has existed for longer.

December 7, 2017

Flexible hours best way for employers to reduce staff stress Christmas lead up

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

Over 50 percent of respondents to a recent survey want their bosses to offer more flexible hours in the weeks leading up to Christmas to help them deal with the stress of the season, while a significant minority do not want to attend their office Christmas party and see little value in building friendships with colleagues from such events. These are the key findings from the latest survey conducted over the past month by Peldon Rose which claims that 54 percent of people feel stressed in the lead up to the holidays. Yet, while many employers off the typical well-intentioned holiday benefits, such as Christmas parties, office decorations, team outings and lunches, what employees really value are perks that have a direct impact on improving their workload and allowing them to work in a more relaxed manner at this very busy time of the year, such as more flexible hours, finishing early on agreed days and a dress down code.

December 4, 2017

Over a quarter of black employees say racial discrimination hinders career

by Sara Bean • Legal news, News, Wellbeing, Workplace

Over a quarter of black employees say racial discrimination hinders career

Three in ten (29 percent) black employees say racial discrimination is to blame for them failing to achieve their career expectations, almost three times as many as white British employees, according to a new survey by the CIPD. One in five BAME employees (20 percent) said that discrimination had played a part in a lack of career progression to date, compared to just one in ten (11 percent) white British employees. This comes despite the fact that significantly more BAME employees said career progression was an important part of their working life than those from a white British background (25 percent vs 10 percent). When asked what would improve their career progression, BAME employees were much more likely than white British employees to say that seeing other people like them that have progressed in the organisation, and a greater diversity of people at senior levels in their organisation would help boost their career progression. Additionally, the survey found that a quarter of BAME respondents (23 percent) whose organisations don’t provide mentoring said they would find it useful in achieving their potential at work.

December 1, 2017

Employee engagement only captures a small part of what ‘work’ means

by Sara Bean • Flexible working, News, Workplace

The biggest driver of a positive employee experience at work is ‘meaningful’ work, claims a new survey. According to the findings of the latest edition of ‘The Employee Experience Index around the Globe’ survey from Globoforce’s WorkHuman Research Institute in partnership with IBM’s Smarter Workforce Institute – in the UK, meaningful work emerged as the single largest contributor (30 percent) 3 points above the global average. Meaningful work ensures that employees’ skills and talents are being fully utilized and there is greater alignment to shared, core values. The survey also notes a shift away from employee engagement, which only captures a small portion what ‘work’ means, towards employee experience. Experience is seen as being broader and more holistic – capturing the entire set of perceptions that employees have about their experiences at work, matching the higher expectations that employees bring to the workplace.

November 30, 2017

Location of workplace matters when it comes to workplace performance

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

Employers can make major performance and productivity improvements by taking a more strategic approach to where they place their people, a new report suggests. Organisations with the closest alignment between their geographical talent footprint and market opportunity tend to be most productive and profitable claims Right people, wrong place?, a new EY report in collaboration with LinkedIn. The report analysed 659 organisations of varied size and scale across 11 sectors and revealed that those that poorly match their workforce to the global sub-sector growth markets are potentially leaving hundreds of millions of dollars of opportunity on the table. Bringing together a combined analysis of current and projected industry market performance from EY with LinkedIn’s insights from more than 530 million members, the report validates and quantifies the value of maximising the alignment between workforce location and market opportunity.

November 28, 2017

Government unveils Industrial Strategy to boost productivity and wealth

by Mark Eltringham • News, Property, Technology

The UK government has published its ‘ambitious’ Industrial Strategy, which it claims sets out a long-term vision for how Britain can build on its economic strengths, address its productivity performance, embrace technological change and boost the earning power of people across the UK. With the aim of making the UK the world’s most innovative nation by 2030, the government has committed to investing a further £725 million over the next 3 years in the Industrial Strategy Challenge Fund (ISCF) to respond to some of the greatest global challenges and the opportunities faced by the UK. This will include £170 million to ‘transform the construction sector and help create affordable places to live and work that are safer, healthier and use less energy’