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Representation of ethnic minorities in UK boardrooms ‘disproportionately low’

Representation of ethnic minorities in UK boardrooms ‘disproportionately low’ 0

Representation of ethnic minorities in British boardrooms 'disproportionately low'

Ethnic minority representation in the Boardrooms across the FTSE 100 and 250 is disproportionately low and does not reflect the ethnic diversity of either the UK or the stakeholders they seek to engage and represent; a new industry-led review has revealed. Given the fact that the UK will be the most diverse country in Western Europe by 2051, with over 30 percent of the population expected to be comprised of people from ethnic minority or migrant backgrounds, each FTSE 100 Board should have at least one director of colour by 2021, and each FTSE 250 Board by 2024. These are the main recommendations of the Parker Review report, Beyond One by ‘21 which found that out of 1,087 director positions in the FTSE 100, only 8 percent of positions are held by directors of colour, of which 1.5 percent are UK citizens, despite the fact that 14 percent of the total UK population is from a non-white ethnic group (up from 2 percent in 1971).

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Built environment still creates barriers for people with a disability

Built environment still creates barriers for people with a disability 0

A huge response to the Women and Equalities Committee’s inquiry into disability and the built environment indicates how lack of accessibility is an ongoing issue for many people. Over 150 individuals and organisations have submitted evidence to the inquiry, which aims to explore the extent to which the needs of people with a disability are considered and accommodated in the built environment, and asks whether more could be done to increase the accessibility and inclusivity of both new and existing properties and spaces. (more…)

Where are zero hours contracts and the gig economy taking us?

Where are zero hours contracts and the gig economy taking us? 0

gig-economyZero-hours contracts have had a bad time in the press. Mike Ashley, founder of Sports Direct, has taken a pounding after uproar over workers conditions, and after vehemently defending his position, he is remarkably making a U-turn, ditching the controversial zero-hours employment arrangements. A large number of companies new also turning their backs on zero hours, including Cineworld, Greene King and Wetherspoons. Casual work isn’t a new phenomenon. In fact, the secure, jobs-for-life of post-war Britain lasted merely a few decades. Prior to the 1940s casual work was the longstanding nemesis of the working class. The welfare state and the much-cherished political mantra of full employment emerged in a post-war, golden age. In the 1980s capitalism found its sway. Margaret Thatcher redefined worker’s rights, and it paved the way for employers to benefit again from a more flexible workforce and ultimately what we now refer to as the gig economy.

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The global uberification of commercial property and the workplace

The global uberification of commercial property and the workplace 0

uberificationTechnology doesn’t just transform the world, it reshapes our language. So, we all need to get used to the word uberification as well as the idea of it. Based on the success of the on demand taxi service Uber, the word refers to the way a product or service becomes available to customers on demand via the Internet. Customers book a service only at the point of consumption. This represents an entirely new commercial model and is the defining characteristic of the new 21st Century economy. Uber may have provided the tipping point, going from start up to market valuation of $66 billion in just 7 years, but its success has given us a name for a process that is reshaping businesses and customer experiences across the entire economy, including in the commercial property sector.

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Freelancers are thriving on both sides of the pond, but have politicians noticed?

Freelancers are thriving on both sides of the pond, but have politicians noticed? 0

freelancersTwo new reports that highlight the growth of the freelance and self-employed workforce in both the UK and US also suggest that politicians and civil servants in both countries have little real understanding about the changing nature of work. According to the UK government’s regular Business Population Estimates report, the number of private sector businesses is at an all-time high, around 5.5 million, up by a million since 2010. Yet the report fails to distinguish between freelancers, the self-employed and traditional SMEs, except to omit firms that are too small to pay VAT from its numbers. The trade association IPSE estimates that there are some 4.6 million self-employed and freelance workers in the UK, yet the BPE report does not account for the overlap in numbers. Even within the BPE’s own numbers, there are suggestions that its conclusions do not match the data. The annual growth in non-employing businesses outstripped those who employed others by a factor of 6:1 and 76 percent of businesses did not employ anyone aside from the owner. And the growth comes despite the fact that the self-employed in the UK now earn marginally less than they did 20 years ago.

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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

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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Just a quarter of workers would tell employers about mental ill health

Just a quarter of workers would tell employers about mental ill health 0

mental health

Almost half of UK workers (44 percent) know a colleague who has had to give up work because of stress, while more than a third of people (36 percent) say that colleagues have complained about feeling stressed to their employer, but received no support.  As a result, most people (56 percent) don’t feel comfortable talking about depression or stress in the workplace. The fourth annual Employee Insight Report from Capita Employee Benefits, released to coincide with World Mental Health Day today (October 10) suggests that stigmas remain and companies should be doing more to encourage their workers to open up about mental health issues. The findings reveal that just 33 percent would feel comfortable talking to their employer if they have a mental health issue, like depression;  75 percent of respondents said they have felt stressed at work over the last 12 months but only 20 percent have taken time off work because of stress.

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Employers will promote internal talent to meet Brexit challenge

Employers will promote internal talent to meet Brexit challenge 0

Brexit talent drain

Bosses are divided on whether staff morale will suffer following Brexit, with 48 percent of respondents to a recent survey believing it will and 51 percent expecting no change, despite 74 percent of organisations believing employees are at least ‘somewhat concerned’ by the impact of the vote. Though the majority of companies (82 percent) believe it is their duty to keep employees informed of the potential impact of Brexit on their organisations, few (11 percent) have started communicating openly. The report by Mercer, Planning for Brexit – Talent Implications, also suggests the while the true impact of potential changes to immigration policy remains unknown so far, talent availability is being seen as a top long-term challenge. Over half (58 percent) of companies think their workforce plans will change in the longer term and the majority (66 percent) anticipate a stronger focus on developing and promoting talent from within to compensate for a possible lack of access to wider talent pools.

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Call for work life balance to help preserve relationships and health

Call for work life balance to help preserve relationships and health 0

Flexible workingMore than a third of UK workers (35 percent) say that their work schedule is detrimental to their relationship with their partner, nearly one in five (18 per cent) say their job has caused arguments, and eight per cent admit that work was a major factor in the breakdown of their relationship. This is according to research, commissioned by Coople that suggests the extent to which work is ruining relationships, causing arguments with partners and even taking a toll on sex lives. Nearly one in 10 (nine per cent) say the pressures faced at work has had a negative impact on their sex life and one in five (20 per cent) report their work has led to a decline in their health and wellbeing, citing stress and depression. Unsurprisingly, the survey also found that 54 per cent of people value a good work life balance in a job the most, above wages, career progression, doing something meaningful in their work or any employee benefits.

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How climate change may be affecting us in more ways than we suppose

How climate change may be affecting us in more ways than we suppose 0

commercial propertyJust how affected we all are by what is going on in our surroundings is confirmed by a new academic studies which links the environment to to our moods, physical wellbeing and performance. Although we are increasingly aware of the impact the working environment has on our productivity and wellbeing, the new study from researchers at Pacific Northwest National Laboratory’s Joint Global Change Research Institute suggests we are more influenced by the global environment and climate than we might suppose. The meta-analysis of over 200 papers published in Science magazine concludes that while climate change concerns are largely focussed on its long term and worldwide effects, we should also pay attention to the effects over the short term and at local level because of the impact on individuals, businesses, society and the national economy. As well as slowing the global economy by 0.25 percent each year, it also has a profound additional effect at local levels.

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Report published on employing older workers to help close labour gap

Report published on employing older workers to help close labour gap 0

older workersA new report – published to encourage employers to create more age friendly workplaces – warns of a widening labour gap in the UK. Between 2005 and 2015 the number of people working over the age of 50 in the UK increased by 2.5 million. By 2022, the UK economy will need to fill 14.5 million job vacancies created by people leaving the workforce and by new positions being created; but it is estimated that there will only be seven million young people available to fill them – leaving a labour shortage of 7.7 million people. Yet currently, one million older people who are not in work want to work and if just half of these were to move into employment GDP would increase by up to £88 billion a year. Business in the Community’s new report, Age in the Workplace, supported by the Centre for Ageing Better, advises employers on how to implement practical changes; such as introducing more flexible hours, which will help improve the recruitment and retention of older workers.

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Significant rise in the length of the German working week, study finds

Significant rise in the length of the German working week, study finds 0

email banIt’s not just British workers who are experiencing the creep of longer working weeks and in spite of the EU’s Working Time Directive. A report published last week in the German newspaper Zeit based on information supplied by the German Federal Ministry of Labour in the Bundestag found that Germans now work significantly longer hours than they did twenty years ago. According to the report, the number of people in Germany working more than 48 hours per week grew by around a third in the twenty years between 1995 and 2015, up from 1.3 million to 1.7 million. The report found that a growing number of Germans are now working in the evening and at weekends and outside traditional working hours. One in four Germans now work routinely at weekends. The report also found that the number of people in work grew over the period by 2 million to 32 million while the overall German population barely increased at all during the two decades to 2015.