Search Results for: population

Time to address the missed opportunities and wasted resources of the modern workplace

Rapidly changing work and workplaces. Productivity languishing below optimum levels. Staff engagement well below where it should be. Ongoing recruitment and retention challenges. All this has been building over the last couple of years; it would appear that organisations have never had it so tough. There have been plenty of tough times before, of course, but we have been witnessing something of a ‘perfect storm’ in recent months, where a whole range of issues and developments, as well as advancements and opportunities, have come together to push these challenges up the management agenda. But there are things we can do to make the workplace a better experience for everybody.

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One in four retired Britons return to work within 15 years, research shows

Around one in four retirees in the UK return to work or ‘unretire’, mostly within five years of retiring, according to research by The University of Manchester and King’s College London. The researchers have found that while ‘unretirement’ is common, men are more likely to unretire than women, as are people in good health, those who are better educated and those still paying off a mortgage. People who report having financial problems before retiring are not more likely to unretire than those without, nor are those with lower incomes. After ten years, a retiree’s chances of returning to paid work are low. The research concludes that recently retired people, aged both above and below the state pension age, represent a pool of potential labour, if the right opportunity presents itself. They are a group that should not be forgotten by policies aiming to keep older people in work, say the researchers.

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Rise in gender and ethnic diversity to boards in finance sector, despite ‘closed shop’

Banking and finance companies within the FTSE 100 have increased gender and ethnic diversity at board level, but there remains a question over whether minorities can break through the glass ceiling, as many of the top roles in banking and finance companies (Chair, CEO & CFO) remain a closed shop for ethnic minority and female leaders. This is according to a new study from Green Park which claims the leadership pipeline, supplying the highest tier of management in FTSE 100 banking and finance companies, now features the highest level of ethnic minority talent in four years, including 15 percent of professionals with a non-white background compared with 5 percent of leadership pipelines for FTSE 100 companies overall and 6.5 percent in 2014. The banking and finance sector has also met the target set by Lord Davies that 25 percent of board members should be female. However, this has been updated by the Hampton-Alexander Review to a target of 33 percent by 2020, which suggests that banking and finance companies will still need to do more to increase the proportion of female leaders in their leadership pipelines.

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Over a third of workers have left a job because of the stress it caused them

Over a third of workers have left a job because of the stress it caused them

Over a third of workers have left a job because of the stress it caused them

New research released to mark International Stress Awareness Day tomorrow (Wednesday 1st November) has revealed that more than one third (36 percent) of the working population have left a job because of the stress it caused them, according to research conducted by Citation. It claims that  women are almost 10 percent more likely to leave because of stress than men, and those aged between 25 to 34-years old were most likely to struggle with workplace stress. Worryingly, more than half (53 percent) of employees feel too afraid to show signs of stress at work. More than a quarter (27 percent) think it’ll make them look weak, one in five (18 percent) worry it will affect their career and the remaining 7 percent feel uncomfortable approaching their manager with the problem. Those aged between 18 to 24-years old were most likely to fear for their career and worry about looking weak. Employees between 45 and 54 were notably more likely to feel at unease approaching their manager.

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Three quarters of firms dissatisfied with quality of UK infrastructure

Three quarters of firms dissatisfied with quality of UK infrastructure

Three quarters of firms dissatisfied with quality of UK infrastructureBusinesses are concerned about the pace of commitment to improving the UK’s infrastructure, and a record number of firms are dissatisfied with the state of infrastructure in their region. With the UK currently ranking 27th in the world for the quality of its infrastructure, nearly all (96 percent) of businesses in the 2017 CBI/AECOM Infrastructure Survey see infrastructure as important (of which 55 percent view it as critical) to the Government’s agenda. From the Clean Growth Strategy and the £500 billion infrastructure pipeline to its decision to build a new runway at Heathrow and press ahead with the A303 tunnel, the Government has made clear its commitment to British infrastructure. However, only one in five firms is satisfied with the pace of delivery (20 percent) and almost three quarters (74 percent) doubt infrastructure will improve over this Parliament. This lack of confidence is attributed primarily to policy inconsistency (+94 percent of firms) & political risk (+86 percent). The digital sector is the exception, however, where 59 percent of firms are confident of improvements.

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Unequal access and usage could hold back potential of global digital economy

Unequal access and usage could hold back potential of global digital economy

Digital technologies continue to make impressive advances. Internet infrastructure is improving and the usage of digital tools is growing. The social impacts of digital innovation have also become more pronounced in diverse fields. However, progress is uneven across countries, businesses, and within societies. Broadening access to digital opportunities and helping those lagging behind to catch up would increase the benefits of the digital transformation and help ensure they are widely shared across economies and people, according to a new OECD report. The OECD Digital Economy Outlook 2017 says government policy has not kept pace with the digital innovation and transformation of economies and societies led by big technology firms. It calls on countries need to step up their efforts, invest more in education and skills and encourage greater use of advanced technologies like big data analysis and cloud computing, in particular by small businesses, to make the digital shift more productive and inclusive.

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Europe does not offer appropriate support for breast cancer survivors

Europe does not offer appropriate support for breast cancer survivors

Although the rate of breast cancer diagnoses is rising in Europe and a higher proportion of women are surviving this particular  form of cancer,  returning to everyday aspects of life prove challenging with many survivors unable to return to work in full, due to a lack of support and consideration by employers. A new report by The Economist Intelligence Unit and commissioned by Pfizer investigates the challenges involved in returning to employment for a growing number of breast cancer patients and survivors of a working age.

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Seven workplace stories you should read this week

Seven workplace stories you should read this week

Poland has a rapidly ageing population but has just cut its state retirement age

Why IBM is bucking the trend and demanding its workers return to the office

US cities are offering all sorts of incentives for Amazon to move there

India is looking to create ten billion sq. ft. of green smart cities

WeWork’s $20 billion punt on the future of work

Does colour really affect the way we think and behave?

The silent killer of productivity and wellbeing is lack of civility

Stop whinging about robots taking your job and develop the skills you need for a new era of work

Stop whinging about robots taking your job and develop the skills you need for a new era of work

A report from researchers at Pearson, Nesta and the University of Oxford called The Future of Skills: Employment in 2030 claims that while the new era of robots, automation and artificial intelligence in the workplace will be disruptive, it will not spell the end of work and people need to develop new skills to meet its challenges. The study claims to take an entirely new approach to forecasting employment and skill demands in the US and UK. In contrast to many recent headlines, the study finds that many jobs today will still be in demand by 2030 and beyond. However, while jobs may remain, the skills needed for success are changing. The researchers combined diverse human expertise with active machine learning to produce a more nuanced view of future employment trends. Using this innovative approach, the study forecasts that only one in five workers are in occupations that face a high likelihood of decline.

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Rising numbers of employees face demotion, disciplinary action or dismissal for disclosing mental health issues

Rising numbers of employees face demotion, disciplinary action or dismissal for disclosing mental health issues

Most UK employees have experienced mental health issues because of work yet over a million people face negative consequences after disclosing, according to a new report, Mental Health at Work published by the charity Business in the Community in advance of World Mental Health Day.  YouGov surveyed over 3,000 people in work across the UK for the study and found that three in five (60 percent) employees have experienced mental health issues in the past year because of work. Yet despite 53 percent of people feeling comfortable talking about mental health at work, a significant percentage of employees risk serious repercussions for disclosing a mental health issue. 15 percent of employees face dismissal, disciplinary action or demotion after disclosing a mental health issue at work (almost twice the number identified in similar research undertaken in 2016). Scaled up to the general working population, this could mean as many as 1.2 million people negatively affected for disclosing mental health problems.

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European businesses could save $243 billion by reducing wasted space in office buildings

The Edge building in Amsterdam Research published to mark the beginning of World Green Building Week suggests that businesses in Europe could realise savings of up to $243 billion in reduced rental costs alone if their office buildings were refurbished to the most efficient standards. The analysis from Philips Lighting, claims the impact that could be made on rents across the world’s offices if business owners replicated the efficient usage of space achieved in a leading green building. The research suggests that in addition to reducing their carbon footprint, office tenants could see vast financial savings if their buildings were renovated in a way that uses space more effectively, particularly in buildings with a high number of empty spaces. The report calls for a doubling of the renovation rate of offices in developed countries to reach 3 percent per year, which it says will be a key factor in reducing emissions and offsetting increased global demand for energy from population growth and urbanisation.

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Millions of older workers fear poor health will shorten their working lives

Even though the age of the working population in the UM continues to rise, more than half of over fifties people have concerns around work and its impact on their health as they age, with women (61 percent) particularly worried about this. According to the study from Aviva, 13 percent intend never to stop work completely although only 14 percent of older workers say their workplace culture is positive towards them. According to Aviva’s latest Real Retirement study, 55 percent admit to fearing that work will become detrimental to their health or they might not be well enough to keep working, including 13 percent who say this is already an issue for them. Fewer than one in five (17 percent) over-50s workers say they have access to wellbeing advice and initiatives in the workplace which could help prevent health issues from impacting their careers.

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