Search Results for: opportunities

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

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

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.

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Location of workplace matters when it comes to workplace performance

Location of workplace matters when it comes to workplace performance

Location of workplace matters when it comes to workplace performanceEmployers 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.

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Government unveils Industrial Strategy to boost productivity and wealth

Government unveils Industrial Strategy to boost productivity and wealth

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’

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BPF submits real estate sector deal proposal to government

BPF submits real estate sector deal proposal to government

The British Property Federation (BPF) has announced it has submitted a Sector Deal proposal to government on behalf of the real estate industry. The announcement follows yesterday’s publication of the government’s Industrial Strategy White Paper – and of the first three Sector Deals committing industry and government to achieving the Industrial Strategy’s ambition in partnership. The real estate Sector Deal proposal sets out how the real estate industry underpins the UK’s economic and social wellbeing, and how it will be essential to the delivery of other Sector Deals including construction. The proposal ‘seeks a partnership with government where both sides are working together to maximise the real estate industry’s contribution to the economy, and to creating infrastructure and great places to live, work and relax across the country’.

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Time for Britain to face up to its post-Brexit skills shortage

Time for Britain to face up to its post-Brexit skills shortage

A new and dramatic wrinkle seems to be added to the process of Brexit talks every week. But rumbling underneath the political positioning are some fundamental problems for business. Perhaps the most startling challenge is the prospect of a cavernous skills gap. A lot of attention has been paid to the problems of low-skilled workers – the “left-behind” who voted for Brexit in the first place, and the migrants who are currently propping up the agricultural economy and doing the jobs that UK workers don’t want to do. But a more pressing issue is the fact that for too long a large proportion of our skilled labour has been coming from outside the UK. This is not only in the form of skilled individuals who are recruited to work for companies and public sector organisations in the UK, but also in the way Britain outsources the manufacture of complex parts to companies in the rest of Europe. More →

The workplace sector responds to the 2017 UK Autumn Budget

The workplace sector responds to the 2017 UK Autumn Budget

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit inevitably cast its shadow over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, many of which have been broadly welcomed by commentators, industry bodies and experts. Among the announcements in the budget were new plans for infrastructure and planning, skills and training, the environment, productivity, AI and regional development.

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Support of gender diversity charter to widen digital and tech talent pool

Support of gender diversity charter to widen digital and tech talent pool

As we reported yesterday there are gender as well as economic imbalances which could cause long term problems for the tech sector. While there is a looming digital skills gap – with the UK needing one million more tech workers by 2020, just one in ten females are currently taking A-level computer studies. Currently only 17 percent of the tech/ICT workforce in the UK are female, well below the 47 percent of women in the workforce overall. To help address the issue, the Tech Talent Charter is a commitment by  organisations (including Nationwide, BBC, HP, Monster and Cancer Research) to a set of pledges designed to increase gender diversity in the UK tech workforce. These pledges include inclusive recruitment processes and contributing company employment and diversity data anonymously to be published publically annually. Following yesterday’s budget, the Tech Talent Charter is announcing today that it has received Government funding as it welcomes its 90th signatory.

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New Acas guidance on preventing pregnancy and maternity discrimination at work

New Acas guidance on preventing pregnancy and maternity discrimination at work

Acas has published new guidance to help employers create supportive workplaces for women during pregnancy and maternity leave. The employment advisory service says it received more than 14,000 calls last year about pregnancy and maternity issues, an increase of almost 10 percent on the previous year. The guidance offers employers advice on how to comply with the Equalities Act, which protects employees against pregnancy and maternity discrimination including how employees on maternity leave should be made aware of opportunities for promotion and training; pregnancy related absences must not be included in an employee’s absence record; and employees must not be dismissed or made redundant for any issue related to pregnancy or maternity leave or maternity pay.

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The contribution of personality to the performance of agile workers

The contribution of personality to the performance of agile workers

The introduction of agile working into organisations has typically focussed on the workstyles of different job roles, but has tended to treat the jobholders within these groups in the same way. The successful introduction of new ways of working clearly relies on the willingness of the people occupying the job roles to embrace new ways of working; yet there has been little investigation of the needs of agile workers with different personality types beyond looking at the needs of extroverts and introverts. These studies have tended to focus on the workplace; for example, the Cushman Wakefield Workplace Programme briefing paper examines how organisations can accommodate the needs of extroverts and introverts working together in the workplace. However, using OCEAN personality profiles, Nigel Oseland found that different personality types have different preferences, which in turn are likely to affect their performance at work.

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New quarterly report highlights latest UK cities trends

New quarterly report highlights latest UK cities trends

A new quarterly report that claims to analyse the latest trends taking place in cities across the UK has been published by Future Cities Catapult, the Government-backed centre of expertise in urban innovation, the City Innovation Brief (automatic download) summarises key developments and changes from cities across the UK, identifying where money is being invested and what future opportunities might look like within the advanced urban services sector.

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Millions of unemployed over 50s struggle more than young people for jobs

Millions of unemployed over 50s struggle more than young people for jobs

New data published today shows that the over 50 age group experience an ‘unemployment trap’ – meaning they are more likely to be out of work than younger age groups, and once unemployed they struggle more than younger jobseekers to get back into employment. Currently almost a third of 50-64 year olds in the UK are not in work – some 3.3 million people. Within this, 29 percent are recorded as ‘economically inactive’ – not engaged in the labour market in any way – which is more than twice the rate of those aged 35-49 (13 percent). It is estimated that around one million of the over 50s who are out of work left employment involuntarily due to issues such as ill health, caring responsibilities or redundancy. Some 38 percent of unemployed over 50s have been out of work for over a year, compared to 19 percent of 18-24 year olds and the Centre for Ageing Better claims that employment support is failing this age group.

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Germany overtakes the UK as preferred place to invest in commercial real estate

Germany overtakes the UK as preferred place to invest in commercial real estate

Germany overtakes the UK as place to invest in commercial real estate

One in three commercial real estate investors say Germany is their preferred region to invest in, the first time that Germany has been chosen as the number one region for investment ahead of the UK in the annual BrickVest commercial property investment barometer (‘the Barometer’) Germany was selected by 33 percent compared to the 27 percent who choose the UK, which saw a drop from 33 percent to 31 percent in the last quarter and from 32 percent in the same Barometer 12 months ago. Nearly one in five (17 percent) selected the US, which represents a slight increase from 12 months ago (16 percent), while France was selected by 15 percent, the same as Q3 last year.

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