Search Results for: performance

October 22, 2015

UK’s digital leaders set to deliver £92 billion boost to economy ⁰

by Neil Franklin • Company news, News, Technology

A new report from Virgin Media Business and Oxford Economics claims that the UK’s ‘Digital Leaders’ are set to use digital technology deliver a massive boost to the UK economy in the very near future. The study of 1,000 companies employing 470,000 people claims that the UK economy could see an increase of 2.5 percent in GDP (£92 billion) and create more than a million new jobs over the next two years. According to the respondents, they had already increased their revenues by 4.4 per cent and reduced costs by 4.3 per cent over the past year by making better use of digital technology, generating an estimated £123 billion contribution to the UK’s economy, equivalent to 3.4 per cent of GDP. In terms of jobs, 44 per cent of executives don’t expect any jobs to become obsolete and, across the economy, companies anticipate hiring 1.1 million employees as a result of digital investments.

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October 13, 2015

Working parents suffer in silence, as managers kept in the dark ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

A new US study of working parents and their managers has found that the combination of work and family responsibilities is causing parents anxiety and depression and keeping them from doing their best at work. The study, the second annual Modern Family Index commissioned by Bright Horizons Family Solutions explored the challenges working parents have in managing their work and family responsibilities and the impact these challenges have on employers. It found that working mothers and fathers feel it’s extremely important to work for a company that supports the needs of working parents (62 percent) and has a culture that addresses their family responsibilities (53 percent). However, there is a growing disconnect between managers and employees about how working parents are feeling. This may be attributed to the fact that even in 2015, most are reluctant to share their concerns with their employers.

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October 8, 2015

Employers admit to an ad-hoc approach to flexible working practices ⁰

by Sara Bean • Flexible working, News, Workplace

Organisations tend to take a flexible approach to the provision of flexible working a new global report into agile working trends claims. According to a study by WorldatWork and FlexJobs, while the majority of companies surveyed (80 percent) offer flexible work to employees, only 37 percent have a formal, written philosophy or policy to support employee flexibility options. From 2011 to 2015, flexibility programs have varied according to the type of programme offered and the organization’s demographics, industry and culture, with the most prevalent flexibility programmes being telework days on an ad-hoc basis, flex time and compressed workweeks. And according to the data, mastering a culture of workplace flexibility is not something that organizations do on the first or even second try. It’s an evolutionary process that occurs as employees tap into what they need to achieve work-life effectiveness.

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October 6, 2015

Commercial property markets in world cities are evolving rapidly ⁰

by Mark Eltringham • Cities, News, Property

The commercial property markets in the world’s major cities are evolving against a backdrop of ongoing economic and political uncertainty, according to the new 12 Cities Report from Savills. The authors suggest that the main consequence of this since 2008 has been for investors to switch their focus from paper assets to property. This in turn has led to a number of developments in local commercial property markets including global investors looking for alternatives to the major cities within key national economies. One of the key developments is that major tech firms are now willing to spend as much on their real estate as the previously dominant financial giants. One other interesting issue raised in the report is the growing inability of people to afford to live and work in the same place, especially in cities with restrictions on the amount of space available for development.

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October 2, 2015

Caring employers key to improving mental wellbeing at work ⁰

by Sara Bean • Events, News, Wellbeing, Workplace

With one in four adults experiencing a mental health condition in any given year, a caring and supportive boss is the missing link between employee engagement and mental health. This was the message of a MetLife breakfast briefing in partnership with Buck Consultants at Xerox, where the impact of ignoring mental health in the workplace was discussed. MetLife’s UK Employee Benefit Trends Study has found that for every one point increase in “having a caring and supportive boss” there is a 9 percent increase in employee engagement. Key themes of the briefing included the best strategies for identification and prevention of mental health issues, and how to build a more resilient workforce. It also emerged that employers are almost unaware of the negative impact insufficient sleep has on employees’ mental wellbeing, yet along with stress and work life balance – insufficient sleep is seen as a key health concern.

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September 29, 2015

Fifth of employers not productive enough to afford Living Wage warns CIPD ⁰

by Sara Bean • News, Technology, Workplace

Although the UK has experienced two years of solid economic growth, a fifth (21 percent) of organisations are still stuck in survival mode and aren’t making the necessary investments in equipment or people to boost their productivity a new report from the CIPD has revealed. A further 29 percent of employers are failing to get the right balance between investment in their workforce and investment in technology and equipment. Investing in Productivity found a clear link between an organisation’s mindset and its approach to investment, which could help to explain the UK’s poor productivity performance in recent years. The CIPD’s chief economist Mark Beatson warns that too many businesses are being held back by an ‘ambition ceiling’ which is preventing them from making the productivity gains needed to achieve business growth and implement the new National Living Wage without risk of job cuts.

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September 24, 2015

Weighing up the pros and cons of the BREEAM environmental standard ⁰

by Charles Marks • Comment, Environment, Facilities management, Workplace design

For some years there has been a growing awareness of the need to improve the environmental performance of buildings. This is closely linked to both the Government’s own international commitments to reduce carbon emissions by 80 percent over the next 35 years and the need of organisations to act ethically and cut costs while they’re about it. Buildings are important in this regard because of their impact on the environment (and the bottom line). According to The Carbon Trust, buildings produce around 37 percent of the UK’s total carbon emissions, 40 percent of it from commercial buildings.This is commendable stuff but the real problems arise when it comes to meeting such laudable goals in practice. We are learning all the time about how to achieve the best results and we are helped in that with the availability of a number of increasingly sophisticated building environmental standards.

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September 24, 2015

Colleagues more likely than managers to make people feel engaged at work ⁰

by Neil Franklin • Knowledge, News, Workplace

A new report from Oracle claims that the people most likely to make employees feel engaged at work are their peers rather than their managers. The study, Simply Talent, also suggests that employees think their employer’s HR function is least likely to have a positive impact on their engagement levels. The study, which sets out to understand the drivers and benefits of employee engagement in Europe, polled 1,511 employees at large European businesses. The survey claims that 42 percent of employees across Europe believe that their peers have the most positive impact on how engaged they feel at work, well ahead of line managers (21 percent) and business unit managers (7 percent) and HR (3 percent) Conversely, when it comes to negatively affecting engagement, employees believe the senior leadership team (19 percent) and line managers (11 percent) are the most responsible.

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September 21, 2015

Five essential office design trends to look for in the near future ⁰

by Tom Brialey • Comment, Facilities management, Flexible working, Workplace design

Since the early Twentieth Century, business leaders have been experimenting with office design in an attempt to improve productivity. From the sea of forward-facing desks imagined by Frederick Taylor, to the infamous cubicle of the late 1960s, to today’s open-plan office, each innovation has said something about our changing relationship to work. In a Gensler survey with more than 2,000 participants, 90 percent of respondents indicated that better workplace design and layout result in better overall performance. The greatest developments of recent times have emerged from the tech giants of Silicon Valley, where businesses have blended playfulness, company culture and the collaborative benefits of open layouts to craft unique and engaging spaces. So where are we headed? Here are five major trends that are likely to have a lasting impact on the way we work.

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September 16, 2015

Updated environmental standard improves link to business strategy ⁰

by Sara Bean • Environment, Facilities management, News, Property

The revised version of one of the world’s most popular environmental standards aims to improve the link between business strategy and environmental issues and encourage a stronger focus on life-cycle thinking. the updated ISO 14001:2015 has responded to a number of current trends, such as an increasing recognition by companies of the need to factor in both external and internal elements that influence their impact, including climate volatility. Other key improvements in the new version include a greater commitment from leadership; an increased alignment with strategic direction; greater protection for the environment, with a focus on proactive initiatives; more effective communication, driven through a communications strategy and an increased emphasis on life-cycle thinking, considering each stage of a product or service, from development to end-of-life.

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September 9, 2015

The way we talk about workplace productivity needs another dimension

by Mark Eltringham • Comment, Facilities management, Workplace, Workplace design

One of the most typical claims that suppliers in this sector make about their products is that they will make people more productive at work. Many go so far as to put numbers on what this means, and usually not just 0.4 percent or whatever but something far more. We can understand why they do this because they are seeking to link workplace productivity to whatever it is they have to sell. This is often tenuous for at least two reasons. The first is that even when such a causal link is demonstrably true, it still assumes that all other things at work are equal, whereas they never are because there are so many factors involved. That is why you will find some people cheerfully working in shabby, cluttered, underlit offices while others mope around unhappily in gilded cages with expensive chairs, soaring daylit atria and olive groves. The second is that such claims simply ignore what makes people tick.

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September 4, 2015

Unconscious bias can adversely affect recruitment and retention says CIPD ⁰

by Sara Bean • News, Workplace

New research from the CIPD has revealed that both male and female managers tend to favour men over women in hiring decisions; while there is an unconscious tendency to hire people like ourselves. The report A Head for Hiring: The Behavioural Science of Recruitment shows that initial perceptions of whether a person will be a good fit can be determined by factors which have no real impact on performance, including visual, cultural, demographic and situational factors. Worryingly, identical CVs seem to get more call-backs when the applicant is typically deemed to have a ‘white’ name as opposed to one that can obviously be associated with an ethnic minority. The report makes a number of recommendations to ensure that employers have consistent hiring practices. Meanwhile, Acas has also published two new free practical guides for employers and managers on how to recruit and settle in staff.