Search Results for: pandemic

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 14, 2022

Record pay rises on the cards to address tough recruitment conditions

by Neil Franklin • News, Workplace

Employers anticipate offering record pay rises of 3 percent in 2022 as they look to combat increasing recruitment and retention difficulties. This is the headline finding from the CIPD’s latest quarterly Labour Market Outlook, which highlights the scale of the growing challenge facing organisations in finding and keeping staff, and how they are responding. This quarter’s pay award figure is the highest since the survey was conducted using its current methods in the winter 2012/13 report. The Labour Market Outlook surveyed more than 1,000 employers in January 2022 about their hiring, pay and redundancy intentions for the first quarter of the year. (more…)

February 11, 2022

Workplace Geeks assemble. Workplace heavyweights launch new podcast series

by Freddie Steele • Podcasts

Two leading workplace commentators have collaborated to launch a brand new podcast that strives to uncover cutting edge academic research from around the world and bring it to a broader audience. The Workplace Geeks podcast interviews the teams behind the research, explores the stories behind the insights and uncovers the practical business applications of their findings. Created and co-hosted by regular industry commentators Chris Moriarty (formerly of IWFM and Leesman) and Ian Ellison (3edges and formerly of Sheffield Hallam University) the podcast surfaces evidence-based insights, whilst taking listeners on a ‘journey of discovery’ as they explore data, research methods and how the business world can better apply and benefit from them. (more…)

February 11, 2022

Wellbeing strategies often fail to align with business objectives

by Neil Franklin • News, Wellbeing, Workplace

Employers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. (more…)

February 8, 2022

Remote work monitoring software used by four in five employers

by Neil Franklin • Flexible working, News, Technology

According to a new report from Instant Offices (registration), four in five employers whose staff are offered hybrid or remote work are already using employee monitoring tools to track work performance and activity. According to the study: 78 percent of companies report using employee monitoring software to track worker performance and online activity; 73 percent say stored recordings of calls, emails, and messages have affected team members’ performance reviews; over 50 percent say they are implementing non-traditional monitoring techniques; and 94 percent of employers track emails. (more…)

February 8, 2022

New business climate demands agility from managers, report claims

by Jayne Smith • Business, News

A new report, The Big Reset Playbook: Change Agility (registration) from work trends analyst The Josh Bersin Company, claims that traditional approaches to change management have often fallen short of expectations, and that new workplace practices based on agility are now needed to manage change in a new business climate. According to the report ‘businesses are looking to tackle the challenge of managing change in a new reality that includes the shift to hybrid working, globalization and The Great Resignation’. The research claims that in companies that successfully manage change, leaders and high performers reinforce the company’s mission and purpose, explain how their reinvented business models work, create cross-functional teams to design and implement change, and maintain forward momentum. (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 4, 2022

Want people to return to the office? Then create the best office in the world

by Mike Hills • Features, Wellbeing, Workplace design

More obituaries have been written for the office in the past two years than at any time in history. It has often seemed like even the best office in the world couldn’t preserve the idea of the office. And it’s not like the obituaries were all that rare even before the pandemic forced us to reappraise our relationship with work and the times and places we do it. While all these death notices were being served, one particularly well-informed organisation was making some more interesting observations about it all. In particular, it constantly raised the most fundamental question of all. (more…)

February 4, 2022

Poor workplace culture means people are more likely to pull a sickie

by Jayne Smith • News, Wellbeing, Workplace

A new report from O.C. Tanner calls into question the validity of ‘National Sickie Day’ (7 February 2022), instead pointing to poor workplace culture as the root cause of over a quarter of absences. The 2022 Global Culture Report claims that 28 per cent of UK workers have taken more days off lately to avoid work with over a quarter (26 per cent) admitting that they dread going into work. The study of over 38,000 employees, leaders, HR practitioners and executives from 21 countries around the world, including over 2,500 from the U.K suggests that the pandemic has caused social connections to break down, and this has led to more mental health challenges with lonely and disengaged workers looking for ways to avoid work. (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…)

February 3, 2022

Critical industries at risk of collapse as people shun key worker jobs

by Neil Franklin • Jobs, News, Workplace

Sectors critical to putting food on the table and looking after the health of people are on a cliff edge as working age adults shun many of the essential jobs in critical industries that keep the UK running – from food production and logistics to health and social care. That’s according to new research from skills development organisation, City & Guilds. The research finds that despite key workers seeing the nation through the pandemic, the UK’s most vital industries are being threatened by growing skills shortages, as poor reputations and concerns about low pay turn off potential new recruits. (more…)

February 3, 2022

Workplace culture needs a rethink in line with employees’ changing priorities

by Jayne Smith • Flexible working, News, Workplace

Considerable job insecurity and uncertainty has pushed companies to rethink their workplace culture to meet employees’ new needs, priorities, and expectations, according to the annual Fjord Trends report from Accenture. According to the report, nearly two years of social, economic and employment disruption has resulted in a collective shift in people’s relationships with work and employees are re-assessing what they want and expect from a company culture and employee value proposition. This means enhancing workplace flexibility, benefits packages, and greater employee care and compassion will continue to be notable trends in 2022, creating both challenges and opportunities for businesses looking to retain and recruit talent. (more…)