Search Results for: pay ratio

Workplace leaders must adapt to a new technological reality

Workplace leaders must adapt to a new technological reality

workplaceI speak with senior workplace leaders daily and those conversations, coupled with our research and that of other people, offer us a striking perspective on the trends and changing nature of the workplace and in particular the impact of technology. Some themes are cropping up time and time again in these conversations and research and point to a new technology-led reality that we must all address. (more…)

Freelancers` motivations explored in new report

Freelancers` motivations explored in new report

FreelancersFreelancers value the freedom and flexibility of being their own boss but their happiness is most closely correlated with how much money they earn, a survey of 7,000 freelancers has claimed. According to the report from Payoneer (registration required), the worldwide average hourly rate charged by freelancers is $21, up from $19 two years ago. This is significantly higher than the average salary in many of the 150 countries surveyed. Those who work exclusively in freelancing earn a higher rate and are more satisfied with their lifestyle than those who split their time working for a company. (more…)

AI will transform financial services in two years

AI will transform financial services in two years

AINearly two-thirds of financial services leaders expect to be mass adopters of AI in two years compared to just 16 percent harnessing it today, a survey from the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) claims. This is despite fears around AI, with 58 percent of the 150 senior executives surveyed expecting it to worsen discrimination in the sector and the same number expecting privacy breaches to increase. (more…)

Gig economy workers should not all have equal rights

Gig economy workers should not all have equal rights

gig economyPolicy makers should beware of classifying all gig economy workers as “employees”, a new research report has claimed. Such workers vary in age, income and education in a similar way to the traditional workforce and crafting regulations that treat both fully committed and occasional gig workers as one group is unlikely to be an efficient solution, the report from IZA World of Labor contends. (more…)

Firms swap overseas placements for short-term trips

Firms swap overseas placements for short-term trips

overseas placementMany companies are moving away from long-term overseas placements in favour of short-term transfers, a report has suggested. To reduce costs and meet changing business and worker needs, firms are shifting from typical transfers of one to three years to moves of around three to 12 months, KPMG International‘s latest Global Assignment Policies and Practices (GAPP) survey says. Although this shift allows organisations more flexibility, they must implement the necessary processes to remain compliant with immigration and tax rules, the report warns. (more…)

Over half of UK small firms lack high speed internet

Over half of UK small firms lack high speed internet

high speed internetUK SMEs are facing a serious digital dilemma, with three in five operating their business without a high speed internet connection. This finding, from Bionic’s Business Efficiency Index (registration), is part of an overall picture of the UK’s small business community struggling to keep pace with tech acceleration; small minorities have modern payment methods or access to e-commerce channels. 57 percent of SMEs do not have high-speed internet, and under one in ten businesses (9 percent) plan to invest in access in the near future. (more…)

The tipped out, left out and fallout from a failing workplace culture

The tipped out, left out and fallout from a failing workplace culture

The big workplace news story of the past week or so appears to be one about a toilet seat. Sometimes it’s in the small things we can discern a greater truth. To see a world in a grain of sand, as William Blake wrote. The seat of this much discussed loo is tilted forward by 13 degrees so that after about five minutes it becomes very uncomfortable because people tire of using their legs to stop themselves sliding off. The reason is clearly to stop them ‘wasting time’ on the toilet. (more…)

Anthropology might hold answers to the most difficult workplace challenges

Anthropology might hold answers to the most difficult workplace challenges

anthropology and the workplaceMany recent discussions have centered on the drawbacks of the open-plan office, a major format in the UK, and possible pathways to the communal workplace of the future. As part of this, it has been acknowledged that the factors responsible for determining the open-plan office’s performance are complex, and a number of the present-day workplace’s characteristics are messy and hard to quantify. In this brief article, I present anthropological methods as means for practitioners to further unpack the symbolic aspects of communication in open-plan offices and spark workplace solidarity.

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Gig workers like the work-life balance but would prefer permanent roles

Gig workers like the work-life balance but would prefer permanent roles

More than one in ten (12 percent) so-called gig workers in the UK are working multiple roles and consider temporary work as their main role, taking advantage of improved work-life balance, greater variety of work and the ability to see more of their families, according to a new report. The research, carried out by Reed Specialist Recruitment, for its Temporary isn’t Temporary campaign, surveyed 5,000 workers and looked at their experience of, and attitude to, temporary and multiple career roles.

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RICS report calls on organisations to adopt more responsible policies

RICS report calls on organisations to adopt more responsible policies

The Royal Institution of Chartered Surveyors (RICS) has launched a new ‘Responsible Business Report with recommendations for real estate firms to develop and implement responsible business practices, to improve their business culture, reduce their environmental impact and attract and retain the brightest talent. Best practice case studies from leading companies such as CBRE, Sodexo, John Lewis and Vinci Facilities are included in the report. (more…)

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

No financial incentive to tackle climate change for 90 percent of CEOs, study claims

No incentive to tackle climate change?Fewer than 10 percent of UK CEOs have financial incentives in place to be environmentally friendly in their business practices and thus tackle the climate change emergency, according to new research from Vlerick Business School. In fact, the researchers found that only 6 per cent of UK CEOs have in their bonus a KPI focusing on the environment, and less than one per cent have long-term incentives focused on this area. (more…)

Most business leaders think that major firms will continue to globalise

Most business leaders think that major firms will continue to globalise

In what might be interpreted as a sign of increasing globalisation, a new study from Intertrust amongst the firm’s corporate clients suggests that almost three quarters (72 percent) of business leaders expect to see more companies setting up overseas operations between now and 2024 compared to just 5 percent who believe it will fall. The conclusion is based on a survey of 100 companies ranging from start-ups to mature multinationals about their expansion plans. Over half (56 percent) of respondents said they plan to expand into up to three markets in the next two years with a further 14 percent aiming to break into four to six new countries. (more…)