Search Results for: pay ratio

Dissatisfaction with work-life balance is more and more likely to be a reason to quit

Dissatisfaction with work-life balance is more and more likely to be a reason to quit 0

by • Facilities management, Flexible working, News, Workplace

Dissatisfaction with work-life balance is more and more likely to be a reason to quit

The term ‘work-life balance’ has been promised by large corporations for years – and it now could finally become a key factor choosing a career. According to a worldwide survey, the upcoming generation of Y and Z workers demand more flexibility, less face-time, and rather than having to account for half-day annual leave, attending school plays or meetups, expect to be trusted to do the job on their terms. However, the research by Emolument also claims that in some industries, implementing such a shift in perception and practice is still a long way off, as client demands in terms of reactivity and timeliness remain unchanged. Employers do understand that dissatisfaction with work-life balance is more and more likely to be a reason for quitting though, and that higher pay struggles to compensate for time spent away from family and friends. With more pressure on women to cover for childcare commitment, housework and logistics, 42 percent of women say they’ve a bad work/life balance compared to 33 percent of men.

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Millennials prefer the traditional job model to the ‘gig economy’

Millennials prefer the traditional job model to the ‘gig economy’ 0

by • Flexible working, News, Workplace

millennials-prefer-the-traditional-job-model-to-that-of-the-gig-economyOrganisations that offer a range of perks, flexible hours and contract work to attract younger workers may be wasting their time, as it seems millennials prefer a more traditional approach to that of the gig economy. In a survey by the US-based Career Advisory Board of 500 respondents representing a diverse sample of American workers, 91 percent of the millennials surveyed reported they would like to work at a single full-time job rather than embrace the gig economy and 81 percent overall said they would prefer a single position that’s full-time. Of the 81 percent of respondents of all ages who’d prefer a single full-time position, an overwhelming number didn’t mind going into an office, but would like some location flexibility (59 percent). Most surprisingly, millennials were more likely to want to work in an office every day than their older colleagues. And as for special perks like onsite food, wellness perks and day-care, less than 1 percent of respondents preferred special company perks to the more crucial benefits such as medical/dental plans, paid time off and retirement benefits, which rated the most important offerings after competitive salary.

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The UK’s infrastructure is improving but too slowly for most organisations

The UK’s infrastructure is improving but too slowly for most organisations 0

by • Flexible working, News, Property, Technology

technological-infrastructureAlmost half of firms (44 percent) believe the UK’s infrastructure has improved over the past five years, but only a quarter (27 percent) think it will pick up in the next five years, and two thirds (64 percent) suspect it will hamper the country’s international competitiveness in the coming decades, according to the 2016 CBI/AECOM Infrastructure Survey. Delivery of key projects already in the pipeline emerged as the top priority among the 728 firms surveyed. Delivery of £38 billion of investment in the rail network through Control Period 5 (99 percent of respondents), and £15 billion of investment in the UK’s motorways and A-roads through the Road Investment Strategy (97 percent of respondents) rank highly, as does delivery of a new runway in the South East (85 percent) & HS2 (80 percent). Many firms have specific concerns about teh country’s digital infrastructure including the ability tow work on teh go on trains and elsewhere.

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Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD

Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD 0

by • Knowledge, Legal news, News, Workplace

Vast majority of UK employers are against a 'hard' Brexit' finds CIPD

The implications of Brexit are raising concerns over a reduction in employers’ intentions to invest in their staff and its effects on access to migrant labour. As a result, according to the latest quarterly CIPD/Adecco Group Labour Market Outlook, while employment growth looks set to continue in the UK, there are signs that this is beginning to slow and that real wages are likely to fall during 2017 for many employees. The data shows that the net employment balance, while remaining in positive territory at +22, based on the difference between the share of employers expanding their workforce and the share of employers reducing their workforce, has shown a slight negative decline from the previous quarter’s figure of +27. Although 42 percent of employers believe that future restrictions on EU labour could damage their UK operations, just 15 percent have started to prepare for this eventuality; which is probably why the vast majority are against a ‘hard Brexit’.

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Flexible working more important to employees than a company car, claims new BT research

Flexible working more important to employees than a company car, claims new BT research 0

by • Flexible working, News, Technology

flexibility-and-mobile-working-are-more-important-to-employees-than-a-company-car-finds-new-bt-research-136411192006703901-161110155354Flexible working and great mobile devices top employees’ list of perks but businesses are struggling to make it a reality, according to a new study from BT. Two thirds (67 percent) of UK office workers say mobile working is more important than a company car, and half now carry most of what they need to do their job in their bag, according to our latest research. However, despite their employees’ appetite for new flexible ways of working, organisations are still struggling with technology and budget limitations to make it a reality. ‘The mobile multiplier’ research, which independently surveyed 1,500 office workers in large organisations in France, Germany, Spain and the UK, claims we are already in a new era in which mobile and flexible working is no longer a perk but a staple requirement. Results show workers are keen to break away from the static office: Today’s office workers put flexible working top of a benefits package from the ideal employer, with 76 percent including it in their top three priorities.

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The changing workplaces of Australia’s law firms; more in common with hotels than offices

The changing workplaces of Australia’s law firms; more in common with hotels than offices 0

by • Architecture, Features, Workplace design

m11795_n10Features such as baristas, sky terraces and fine dining will continue a process of transformation at the workplaces of Australia’s leading law firms over the next few years, claims a study by Melbourne based architecture practice Bates Smart. The report claims that the legal workplaces of today are are already unrecognisable compared to what was considered typical yesterday, having more in common with a five star hotel than a traditional office. Bates Smart predicts an even greater shift towards flexibility, collaboration and hospitality from legal firms in the future with the publication of four key findings in its new whitepaper, The Legal Workplace 2020, The report analyses trends in over 135,000 sq. m. of legal practice workplaces and draws conclusions that are indicative of key trends for law firms and the wider market alike.

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Corporate responsibility now essential to attract and retain millennials

Corporate responsibility now essential to attract and retain millennials 0

by • Flexible working, News, Workplace

carrotCorporate social responsibility is no longer seen as more than a nice to have, with those working within the built environment for example, appreciating the role it has in reducing greenhouse gases. But it is also being increasingly seen as a positive way of attracting and engaging the right talent. Now according to a new survey carried out in the US, meaningful engagement around CSR is becoming a business – and bottom line – imperative, impacting a company’s ability to appeal to, retain and inspire Millennial talent. Three-quarters (76 percent) of Millennials consider a company’s social and environmental commitments when deciding where to work and nearly two-thirds (64 percent) won’t take a job if a potential employer doesn’t have strong corporate social responsibility (CSR) practices, according to the 2016 Cone Communications Millennial Employee Engagement Study. Because the millennial generation are the most likely to blend their personal and working lives, it’s more important to them than other generations to view their job as a way to make a positive impact on society, the study suggests.

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Larger employers much more optimistic about post-Brexit outlook than SMEs

Larger employers much more optimistic about post-Brexit outlook than SMEs 0

by • Legal news, News, Workplace

BrexitA gap is emerging between UK businesses regarding the impact of Brexit, with large businesses significantly more optimistic about the future than their small business counterparts, joint research by NGA Human Resources (NGA HR) and its SMB division, Moorepay suggests. Six in ten (59 percent) respondents working for large businesses expect Brexit to have a positive impact on their business, but only 35 percent of SMBs share this view. In fact, a quarter of (25 percent) SMB employees in the UK actually believe their situation will worsen after the UK has left the European Union. Looking ahead, the majority (79 percent) of larger UK businesses are ready to address the challenges and exploit the opportunities resulting from Brexit, whereas just over half of small businesses (56 percent) feel the same. Asked about their wish list for a post-Brexit economy, all UK businesses agree that access to the single market is the biggest advantage of the EU membership and one that both large businesses (64 percent) and SMBs (54 percent) would like to retain. Additionally, opening up trade to new countries and markets is seen as the main advantage of Brexit for both large (70 percent) and smaller businesses (54 percent), followed by freedom from EU laws and regulations (both 48 percent).

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Many employees remain reluctant to approach bosses for flexible working, claims study

Many employees remain reluctant to approach bosses for flexible working, claims study 0

by • Flexible working, News

flexible workingThe sluggish uptake of flexible working following the introduction of new parental leave rights last year, may be down to the reluctance of many employees to ask for it. That is one of the conclusions of a new report from flexible working consultancy My Family Care and recruitment firm Hydrogen. It found that over half (54 percent) UK employees surveyed would like to work from home, but just a third (34 percent) actually do. The report surveyed 1,587 UK employees and 310 UK employers to gauge their attitudes towards and experience of flexible working. It found that over a quarter (28 percent) of employees said they did not feel comfortable even talking to their employer about the subject. Respondents claimed their wariness was down to appearing less committed and the implications for the careers and pay.

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Government set to extend groundbreaking One Public Sector Estate programme

Government set to extend groundbreaking One Public Sector Estate programme 0

by • News, Property, Public Sector

derby-council-offices-public-sector-estateThe UK Government has announced that it is to further extend its groundbreaking One Public Sector Estate scheme which supports local authorities and public sector bodies in the sharing and divestment of underutilised property. The Cabinet Office and Local Government Association have issued a joint announcement that 159 councils will join the next phase of the One Public Estate programme and that £7.5 million has been awarded to 37 partnerships made up of councils and public sector bodies. The funding will support cross public sector partnerships to work collaboratively on land and property initiatives leading to new jobs, new homes, joined up public services and savings for the taxpayer. The programme was initially launched in 2013 and has been extended to a number of local authorities and public sector bodies since

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Flexible hours key to achieving gender balance in finance sector 0

by • Flexible working, News, Workplace

Improvements in flexible working are among the key steps being taken to help achieve gender balance within the financial services sector, according to the UK Treasury. Financial services is the country’s highest paid sector but has the widest gender pay gap, at 39.5 percent, compared with 19.2 percent across the economy. The ‘Women in Finance Charter’, was set up by the Treasury earlier this year to publish progress on gender balance annually and reports that of the 72 firms who signed the charter, 60 have now committed to having at least 30 percent of women in senior roles by 2021. Alongside gender diversity targets, these firms have set out strategies for how they’ll hit these targets, including improving flexible working, making recruitment gender neutral and distributing high profile work more fairly.

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The American workplace is more skilled, but workers are concerned they are becoming irrelevant

The American workplace is more skilled, but workers are concerned they are becoming irrelevant 0

by • Flexible working, News, Workplace

american-workplaceThe ‘Tectonic changes’ that are reshaping the US workplace and the response to them are the subject of a major new research project from the Pew Center in association with the Markle Foundation. The study of over 5,000 US workers carried out over the Summer found that the nature of jobs is undergoing a fundamental shift with greater emphasis on knowledge as well as analytical, interpersonal and communication skills. In response, workers are retraining and reassessing their abilities to adapt to the demands of employers. Despite this, a growing number are worried that they are becoming irrelevant and have diminishing faith in the ability of politicians, the education system and their employers to address their concerns.

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