Search Results for: pay ratio

Many employers don’t think GenZ are well prepared for the workplace

Many employers don’t think GenZ are well prepared for the workplace

by • News

A new poll from WorkL claims that half of employers believe that Gen Z is not entering the workplace well-equipped with the skills and knowledge neededA new poll from WorkL claims that half of employers believe that Generation Z is not entering the workplace well-equipped with the skills and knowledge needed for their roles. The annual WorkL Global Workforce Report 2024 suggests that mentoring initiatives are being implemented by employers to support Gen Z, with four in ten employers taking the step. Having been significantly impacted by the global pandemic and the shift in traditional working practices, WorkL has seen a falling engagement score for the youngest demographic over the last 12 months; decreasing from 71 percent in 2021 down to just 67 percent in 2023, a concerning four percentage point decrease and the lowest score out of all age groups. (more…)

Over one quarter of employees do not trust their CEO to be honest and transparent

Over one quarter of employees do not trust their CEO to be honest and transparent

by • News, Workplace

A new poll claims that over one quarter (26 percent) of employees in the UK do not trust their CEO to be open and honest, while 24 percent do not trust their senior leadership to do the same. According to the survey of 2,000 employees in the UK from Personio, transparency and employer-employee communication are pivotal to a positive employee experience and trust in the workplace. The research suggests that feeling unheard by leadership could be fuelling employees’ distrust. Over a quarter (28 percent) of employees surveyed say that they are not given a chance to share feedback to leadership on their experiences. Meanwhile, less than half (46 percent) of employees feel that leadership in their organisation actually listens and acts on any feedback when given from staff. (more…)

Amazon employee claims he was told you’ve still got a job, but not a role

Amazon employee claims he was told you’ve still got a job, but not a role

by • News, Workplace

An employee claims he has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority.Last year Amazon made headlines for making 27,000 people redundant as part of a long-term cost-cutting exercise. One of the consequences was a fall in the firm’s share price. Now an employee has claimed in a blog post that the firm is handling its downsizing in more creative ways. Justin Garrison claims in the post that has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority. (more…)

Time is up for fluorescent lighting, so what happens after the tube strike?

Time is up for fluorescent lighting, so what happens after the tube strike?

by • Environment, Features, Lighting, Workplace design

Just like the Rolodex, the fax machine and smoking in the office, fluorescent lighting is becoming a thing of the past in the workplaceAs we rapidly advance through the latter half of 2023, the office landscape is undergoing a significant shift, with the imminent fluorescent lamp ban. Just like the Rolodex, the fax machine and smoking in the office, fluorescent lighting is becoming a thing of the past in the workplace. Both the UK and the EU are taking bold steps by phasing out all forms of fluorescent lamps with some types, such as T5 and T8 fluorescent tubes, banned from sale as early as September 2023. If they haven’t done so already, business owners will need to explore alternative lighting solutions to stay compliant with new regulations, set to take full effect by February 2024. (more…)

Understanding how to project financials for a startup business

Understanding how to project financials for a startup business

by • Company news

Launching a startup can be an exciting endeavor that requires thorough planning and preparation. One of the most essential and challenging aspects of planning a startup is projecting the financials. To make credible financial forecasts, it is crucial to have a solid understanding of the fundamental aspects of projecting financials. In this article, we delve into the art of projecting financials for a startup business. (more…)

Workplace and property firms must wake up to the new era of networked businesses

Workplace and property firms must wake up to the new era of networked businesses

by • Features, Flexible working, Property, Workplace design

the networked workplaceWhile millions of words have been dedicated to the expected changes in post-Covid workstyles – how will people work, where will they work, how will they be supported – very little has been said about their employers: companies and corporations. Yet the anticipated changes to work and the workplace raise questions about the role of the company. Is it one just half of a transaction between employer and employee? Or is it something more? Indeed, what is the role of the company in the modern economy? Is the nature of the company likely to change? The answers could have a greater impact on workstyles than the pandemic. (more…)

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

Curtail zero hour contracts and give workers guaranteed work hours, say researchers

by • Flexible working, News

the increase of zero hours contracts over the last 20 years has created significant risk for workersAn evidence review led by the University of Warwick has concluded that the increase of zero hours contracts over the last 20 years has created significant risk for workers. They found that unreliable work can result in a sudden loss of hours and earnings, and an inability to access legal advice for unfair or potentially unlawful employment practices. Along with colleagues from the ReWAGE expert advisory group, academics at the Institute of Employment Research at the University of Warwick examined the legal and workplace practices associated with zero hour contracts, along with data covering flexibility, pay insecurity, workers ability to assert their rights and workers health and wellbeing. (more…)

Demand for sustainable buildings and tight regulations drive business case for investment

Demand for sustainable buildings and tight regulations drive business case for investment

by • Environment, News, Property

The current economic environment is creating challenges for investors and occupiers to make the case for investing in retrofitting and futureproofing their real estate. JLL’s new The Commercial Case for Making Buildings More Sustainable report outlines three key factors that should be prioritized in occupiers’ and owners’ decision-making to create a more resilient and sustainable built environment. (more…)

More than a third of working parents thinking about quitting jobs

More than a third of working parents thinking about quitting jobs

by • News, Wellbeing

A new survey reveals that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their jobA new survey claims that a significant number of working parents are finding it so difficult to juggle home and work responsibilities that they have considered leaving their job. The OnePoll survey [registration] of 2,000 working parents with children aged 18 or under commissioned by REC Parenting, an online platform offering support to parents and carers, revealed that many working parents are at breaking point. (more…)

If you want people to feel fulfilled at work, you’d better cough up

If you want people to feel fulfilled at work, you’d better cough up

by • News, Workplace

According to a new poll from United Culture, salary is what makes most people feel fulfilled at workAccording to a new poll from United Culture, salary is what makes most people feel fulfilled at work. More than half of employees (55 percent) ranked it as their key consideration, ahead of ‘softer’ factors such as doing something worthwhile (41 percent), or working with people they like (39 percent). It also ranks significantly higher than opportunities that will play out over the longer term, such as having a clear sense of career progression (37 percent). (more…)

Appetite for hybrid working shows no sign of letting up at large firms

Appetite for hybrid working shows no sign of letting up at large firms

by • Flexible working, News

companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalDataThe ongoing advancements in technology have made remote collaboration more feasible and seamless than ever before. Collaboration tools have become essential in ensuring the coexistence of the digital and physical workplace, both internally with employees and externally with clients. And in 2023, companies have been posting hybrid working related roles in record numbers, according to a new report from GlobalData. (more…)

Republished: The brain-dead megaphone of work

Republished: The brain-dead megaphone of work

by • Comment, Working lives

There is nothing new about any of this. And yet it’s all new. I’ve spent months talking to people who really know their stuff about work and workplaces and underlying nearly all of those conversations is the following paradox. They know about flexible working, the under-utilisation of space, the twenty minute neighbourhood, the work ecosystem, universal basic income, the digital workspace, the office as club, all the rest of it. Heard it all before, often many times, over many years. Some of them have been living it too, and yet… (more…)

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