Search Results for: pay ratio

Giving CEOs financial incentives seems to damage long-term profitability

Giving CEOs financial incentives seems to damage long-term profitability

IncentivesThe greater stress companies put on financial incentives and financial performance in bonus systems for CEOs, the more negative the impact is on the firm’s financial performance, claims new research from Vlerick Business School. These findings come from a research study into the top 600 European firms and their CEOs remuneration. (more…)

Trust is hard to find in the workplace, report suggests

Trust is hard to find in the workplace, report suggests

workplaceAs the world prepares to close the book on the unprecedented events of 2020 and looks ahead to 2021 with renewed hope and optimism, global research from The Workforce Institute at UKG explores the importance of elevating trust to a foundational imperative to create high-performing workplace cultures that better serve customers and their communities. (more…)

Maternity leave causes women to lose out on £3.2 billion

Maternity leave causes women to lose out on £3.2 billion

Maternity leaveWomen taking maternity leave collectively lose out on £3.2bn worth on earnings, a fall of nearly half their average annual salary, claims new research from Direct Line Life Insurance. (more…)

Unused office space could cost London businesses almost £13 billion

Unused office space could cost London businesses almost £13 billion

Office spaceUnused office space after coronavirus could cost London-based businesses almost £13 billion according to a new report by Space Three Two, a new office timeshare marketplace born out of lockdown. According to a survey of London office workers, employees want to spend an average of 2.7 days back in the office once all Covid-19 restrictions have been lifted. 1 in 10 workers said didn’t want to go back to the office at all. (more…)

Designing your employee financial wellness program

Designing your employee financial wellness program

For a lot of employers, the idea of an employee financial wellness program can be something of an afterthought. That is, beyond providing fair pay and a clear policy regarding taxation and benefits, it can seem unnecessary to take any other action regarding employee finances. What’s becoming more and more apparent, however, is that employers do need to take a more active approach toward implementing employee financial wellness programs. (more…)

Businesses prioritise environmental impact in post-COVID-19 strategies

Businesses prioritise environmental impact in post-COVID-19 strategies

EnvironmentalThree-quarters (75 percent) of business decision makers say their organisation’s environmental and social impact has become more important due to COVID-19, according to new research from Epson. The research claims that business decision makers are taking action too, with more than half (55 percent) confirming they are now paying more attention to these targets compared to six months ago. (more…)

Workers lukewarm on both permanent remote work and the 9 to 5

Workers lukewarm on both permanent remote work and the 9 to 5

WorkersThe vast majority of UK office workers neither want to continue working remotely after Covid-19 restrictions lift nor make a full return to the 9 to 5. This is despite the fact that many admit that remote work has reduced their productivity. Those are the main claims of new research released by Locatee. Carried out by YouGov, the research claims to provide insight into UK office workers’ attitudes towards productivity, job security, and the prospect of further Covid-19 restrictions. (more…)

More stability in sight for employment but three in ten employers still planning redundancies

More stability in sight for employment but three in ten employers still planning redundancies

RedundanciesThe pace of deterioration in UK job prospects is starting to slow this autumn due to very modest improvements in planned recruitment activity and a slight decrease in employers’ intentions to make redundancies. This is according to the latest quarterly CIPD/the Adecco Group Labour Market Outlook (LMO) survey – involving more than 1000 employers and covering all sectors of the economy. (more…)

Upskilling opportunities during lockdown: UK employers miss the mark

Upskilling opportunities during lockdown: UK employers miss the mark

UpskillingAccording to new research from Pluralsight, Inc. (NASDAQ: PS), the technology skills and engineering management platform, 43 percent of UK office workers are worried they will be left behind as companies seek new skills to cope with the rapid pace of change. Yet, despite these upskilling concerns, 47 percent have neglected learning any new skills since the lockdown began in the UK on March 23rd. (more…)

Should employers require people to use the NHS COVID-19 App when at work?

Should employers require people to use the NHS COVID-19 App when at work?

The NHS COVID-19 App was introduced on 24 September. Many welcome its arrival as another step to contain the spread of COVID-19. Others are concerned about using the app for data and privacy reasons. Employers face a dilemma. It is not mandatory for staff to use the app. Employers can do nothing and leave the choice to download to the employee or express a view about whether the app should or should not be used in the workplace. This is particularly relevant for those businesses who provide work devices. (more…)

Workplace culture is not something to be changed with hashtags

Workplace culture is not something to be changed with hashtags

workplace cultureThe state of the nation’s mental health and subsequent pressure on organisations to do ‘something’ has resulted in a PR opportunity for those who see it and take it. While mental health is high on the agenda of workplace culture improvements, several organisations, including Barclays, Eon and Unilever to name a few, have signed an open letter to The Times pledging to prioritise mental health as employees return to work, after research showed that more than a third of workers were struggling. (more…)

Ten pandemic related responses with highest business impact

Ten pandemic related responses with highest business impact

businessThe Josh Bersin Academy, a development academy for HR professionals, has announced the release of its newest research-based report, Business Resilience: The Global COVID-19 Pandemic Response Study. The 38-page complimentary report is based on a survey conducted in August 2020 of 1,349 HR leaders and professionals across the globe and all industry segments. (more…)