Search Results for: opportunities

Larger businesses far more stressful to work for than smaller firms

Larger businesses far more stressful to work for than smaller firms

by • Flexible working, News, Wellbeing, Workplace

Larger businesses far more stressful to work for than smaller firmsWe reported yesterday that younger job seekers who favour corporates could be missing out on greater opportunities within smaller organisations, and now new research suggests that despite margins often being tighter and tensions or losses often being felt more keenly in smaller businesses, the level of occupational stress workers feel directly correlates to the size of the company they are in. Micro businesses employing a maximum of four members of staff were less likely than those in businesses of any other size to feel work-related stress, with 45 percent of employees reporting this to the Perkbox 2018 UK Workplace Stress Report. This figure increases to 57 percent for small businesses (5 – 50 staff) and again to 62 percent for small to medium sized organisations (51 – 500 employees).  Finally, workers at larger sized businesses – those with more than 500 members of staff – report the greatest instances of staff experiencing workplace stress (65 percent).

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Workers are focused on shorter hours and more flexible working

Workers are focused on shorter hours and more flexible working

by • Flexible working, News

New research released today by McDonald’s UK, reveals more than half of UK adults want to move away from traditional working patterns, choosing jobs that enable them to enjoy more flexible working and prioritise commitments outside of work. This study was conducted in July and August, with YouGov as well as with McDonald’s employees. Its key finding is that Jobs that offer earlier starts and a shorter working week most appealing to job seekers; with only 6 percent of people working the traditional ‘9-5’

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Older workers need more support in the workplace, claims report

Older workers need more support in the workplace, claims report

by • News, Wellbeing

Longer working lives have become a reality for millions, yet a significant number of older workers feel unsupported in the workplace, according to new findings from Aviva which claim to highlight the need for UK businesses to boost support for their older workforce. Almost two thirds (63 percent) of the 10.2 million over-50s in work – equivalent to 6.4 million people – are planning to retire later than they thought they would 10 years ago. Many of them are extending their working lives due to the rising cost of living (40 percent) and insufficient pension savings (38 percent).

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Digital transformation is making it challenging to find qualified employees

Digital transformation is making it challenging to find qualified employees

by • AI, News, Technology, Workplace

Digital transformation making it challenging to find qualified employeesTraditional job roles are becoming more complex due to digital transformation initiatives a new poll claims, with UK businesses having to wait more than five months, on average, for new joiners to get up to speed in their jobs. In the research by Robert Half of almost 5,000 CFOs in 14 countries, CFOs in the UK report that the key skills for finance professionals are changing. With digital transformation a priority for many organisations, there is now more focus on skills such as data analysis (cited by 43 percent of CFOs), financial analysis (35 percent), and data forecasting (34 percent). Finding the right people with these abilities is made even more challenging by the fact that businesses around the world are struggling to find qualified professionals. Almost all (93 percent) UK businesses find it challenging to attract qualified accounting and finance professionals. Globally, the issue is equally pronounced, with 94 percent of businesses also reporting similar challenges.

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The satisfaction of self-employed people depends on skills development rather than business growth

The satisfaction of self-employed people depends on skills development rather than business growth

by • News, Wellbeing

Developing skills and knowledge is more important for self-employed people’s sense of career progression than increasing their rate of pay, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and the IPA (the Involvement and Participation Association) claims. The report, Working well for yourself: What makes for good self-employment?, surveyed 800 people across the country about what constituted ‘good work’ for them. First of all, it found that work satisfaction levels are remarkably high among the self-employed. This reinforces the findings of a 2015 CIPD Employee Outlook survey, which showed that general work satisfaction is higher among the self-employed (81 percent) than employees (61 percent).

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Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

by • AI, Flexible working, News, Technology, Workplace

Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

Fears that Artificial Intelligence will destroy the job market are not shared by more than half (51 percent) of UK CIOs who see AI as a job creator. This is more than three times the number who say that it will diminish workers’ job prospects (16 percent). For the survey UK CIOs were asked, ‘Artificial intelligence is changing the way that companies operate and people work. Do you think AI will have a positive or negative impact on job creation and recruitment?’ Their largely positive response closely reflects that of a recent PWC report which predicts AI could create as many jobs as it displaces in the UK over the next 20 years. (more…)

European Parliament backs new rules for flexible working for parents

European Parliament backs new rules for flexible working for parents

by • Flexible working, News

Flexible workingThe European Parliament has approved new rules for paternity leave, non-transferable parental leave and measures for flexible working in a bid to improve the current work/life balance of parents and carers across EU member states. These rules are also hoped to address the under-representation of women in parts of the labour market, increase incentives for fathers to take up family-related leave and to foster gender equality and equal opportunities. MEPs claims this will benefit children and a family life, whilst reflecting societal changes more accurately and promoting gender equality.

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Cities should make the most of their digital connectivity

Cities should make the most of their digital connectivity

by • Cities, News, Technology

Cities need more powers and resources from Government to address digital divides – but also need to make better use of existing technology to transform public services. This is according to a report published by the think tank Centre for Cities in partnership with Telefónica UK. It examines how digital technology – in terms of both fixed and mobile connections – is transforming urban Britain, and the steps national and local leaders can take to ensure people and places across the country benefit. However, the report also warns that many UK cities are not taking full advantage of existing digital connections, and the benefits it could offer to residents and businesses – as well as the potential it has to improve public services.

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When it comes to change management, culture sometimes eats strategy for breakfast

When it comes to change management, culture sometimes eats strategy for breakfast

by • Features, Flexible working, Workplace design

21st Century organisations are under constant pressure to evolve. They are beset by a number of forces that demand they change constantly. These include the need to restructure the organisation, adapt to new technologies, respond to competitors and changes in the economy and legislative environment. Inevitably, this constant need to change affects both people and the built environment in very profound ways. However, according to a study of Culture and Change Management published by the Katzenbach Center, only around half of all transformation initiatives meet their objects over time. Among the biggest obstacles to successful change management cited by the study is change fatigue, which is characterised by a lack of empathy and a widespread failure to engage with the change process.

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A quarter of London start-ups have considered relocating to deal with Brexit uncertainty

A quarter of London start-ups have considered relocating to deal with Brexit uncertainty

by • News

It has now been more than two years since the UK voted in favour of leaving the European Union, and new research Studio Graphene in partnership with City Road Communications claims to reveal new information about how Brexit has impacted on London’s early stage businesses. Based on a survey of more than 100 founders of London startups, the study shows that since the EU referendum the vast majority of entrepreneurs have remained loyal to the capital, showing no sign that they want to move to help improve the growth prospects of their business. It also uncovered the way young companies are responding to the challenges posed by Brexit.

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Businesses told to consider the interests of workers and other stakeholders in new code

Businesses told to consider the interests of workers and other stakeholders in new code

by • News

The Financial Reporting Council (FRC) has published its new Corporate Governance Code in a bid to improve trust in UK business. The new Code will remain on the “comply or explain” basis mandatory for which it has been criticised in the past, but has been broadly welcomed by industry bodies. The code sets out a number of recommendations aimed at improving culture and trust in business, of which it suggests at least one be applied. They include having a director appointed from the workforce, a formal workforce advisory panel and a designated non-executive director. The Code will apply to accounting periods from January 2019 and is applicable to all companies with a premium listing.

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New government estates strategy will see thousands of jobs relocate away from London

New government estates strategy will see thousands of jobs relocate away from London

by • News, Property, Public Sector

estates strategyThe UK Government has announced it latest plans to save around £3.6bn over the next two decades by dramatically scaling back its property estate and relocating thousands of staff as part of its new 12 year estates strategy. The Cabinet Office has outlined the plans to move thousands of public sector jobs, including senior roles, out of London by 2030, reducing Whitehall buildings from around 65 to 20 over the same period. Around 20 so-called Government hubs will be set up in the regions by the end of this parliament in 2022. In total, the strategy commits to reducing the number of government-owned office buildings from 800 to under 200, with an estimated saving of £3.6bn over 20 years.

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