Search Results for: productivity

Third of workers admit to faking productivity

Third of workers admit to faking productivity

The poll from Workhuman claims that it is the pressure to appear busy that is driving workers to fake productivityPeople used to walk around the office with pieces of paper to look like they were working. Now a new report suggests that a third of UK workers admit to ‘pretend productivity’ by other means. The poll from Workhuman claims that it is the pressure to appear busy that is driving workers to fake activity. More →

Digital transformation efforts yet to translate into greater productivity at many firms

Digital transformation efforts yet to translate into greater productivity at many firms

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturityBritish and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers. More →

Working from home prevalent across Northern Europe, but has no effect on productivity

Working from home prevalent across Northern Europe, but has no effect on productivity

 

Working from home has become a permanent feature of the European workforce, with notable variations across different regions and citiesA new research briefing from Oxford Economics claims to highlight the sustained prevalence of working from home in Europe, particularly in northern cities, and examines its impact on office real estate markets. According to the briefing, which analyses data through 2023, working from home has become a permanent feature of the European workforce, with notable variations across different regions and cities. More →

Businesses planning major investments into Generative AI to increase productivity

Businesses planning major investments into Generative AI to increase productivity

firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact.A new report from Cognizant and Oxford Economics New Work, New World: Quantifying Global Gen AI Momentum suggests that firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact. Additionally, 76 percent of businesses say they are looking to leverage the technology to create new revenue streams, while 58 percent are incorporating revenue increases into their business cases. More →

Increase in social media use and ‘doomscrolling’ could affect mental health and productivity in Gen-Z workers

Increase in social media use and ‘doomscrolling’ could affect mental health and productivity in Gen-Z workers

doomscrollingNuffield Health’s 2024 ‘Healthier Nation Index’ – a survey of 8,000 UK adults has highlighted how the young workforce is more social media obsessed than ever before. The study claims that social media use has increased for Gen-Z, with 16-24-year-olds spending over two hours a day doomscrolling on social media apps like TikTok, Instagram and Facebook per day (129 minutes), which is a seven percent increase and nearly ten minutes more a day than they were last year (119 minutes). This is four times the daily recommended amount for improved wellbeing. More →

Two thirds of remote workers suffer from something called productivity anxiety

Two thirds of remote workers suffer from something called productivity anxiety

new poll from Workhuman claims that while 61 percent of UK employees report higher productivity when working remotely two thirds of fully remote employees say they suffer from what the report refers to as 'productivity anxiety'A new poll from Workhuman claims that while 61 percent of UK employees report higher productivity when working remotely two thirds of fully remote employees say they suffer from what the report refers to as ‘productivity anxiety’. Of those workers, one in four says they battle feelings of inadequacy or pressure to perform constantly or frequently. The survey suggests that fully in-office workers report the least amount of productivity anxiety, as well as higher levels of motivation than remote workers. Workers who are fully remote are also 69 percent more likely to feel bored while working compared to fully in-office workers. Also of note, hybrid workers report 31 percent less burn out than fully in office ones. More →

Mismatched technology may be driving down productivity

Mismatched technology may be driving down productivity

A new poll from Apogee Corporation claims that current workplace environments are failing to cater to different personality types, leading to significant collaboration challenges, reduced productivity and potentially driving away 'talent'A new poll from Apogee Corporation claims that current workplace environments are failing to cater to different personality types, leading to significant collaboration challenges, reduced productivity and potentially driving away ‘talent’. The survey of 1,001 UK employees in mid-sized businesses suggests that 79 percent of workers struggle with meeting technology when collaborating with colleagues. This is particularly detrimental to extroverts, with 84 percent reporting a drop in productivity while working remotely. More →

A look back at The Stoddart Review: the once and future guide to workplace productivity?

A look back at The Stoddart Review: the once and future guide to workplace productivity?

A new edition of the Stoddart Review would offer a deep dive into the realities of working from home and what the measurement of ‘productivity’ means in the 2020sThe Stoddart Review, published in 2016, was one of the most significant reports of recent years to explore the role of the workplace for employee productivity in extensive detail and why the office environment was key for productivity purposes. There has been a huge shift in the world of work since then. What we once knew as the workplace has changed forever. More →

AI may boost productivity, but we are already becoming reliant on it, and that’s a problem

AI may boost productivity, but we are already becoming reliant on it, and that’s a problem

A Stanford report says that as AI continues to develop, navigating its benefits and potential drawbacks will be crucial.Just ten years ago, AI systems couldn’t even classify images as well as humans. Now, they’re routinely outperforming people on a range of tasks, according to a new report from the Stanford Institute for Human-Centered Artificial Intelligence (HAI). The 2024 AI Index is the latest update to the annual analysis of trends in artificial intelligence. Led by a team of experts from academia and industry, it’s one of the most in-depth reports on the technology and its impact available. This year’s edition tracks research, development, technical performance, responsible practices, economics, policy, public opinion, and more. More →

Business leaders and employees are not on the same page when it comes to productivity

Business leaders and employees are not on the same page when it comes to productivity

there are significant disconnects between how organisational leaders and their employees and managers view their ability to perform optimally to maximise productivityA new poll of 2,000 people suggests that while 90 percent of business leaders think their performance management process is a success, only 55 percent of employees agree with them. According to the State of Performance Enablement report from Betterworks, there are significant disconnects between how organisational leaders and their employees and managers view their ability to perform optimally and maximise productivity. More →

Productivity boost from volunteering ‘adds £4.6 billion to UK economy each year’ 

Productivity boost from volunteering ‘adds £4.6 billion to UK economy each year’ 

Volunteering is delivering productivity gains worth billions to the UK economy each year, a new study claimsVolunteering is delivering productivity gains worth billions to the UK economy each year, a new study claims. The report by Pro Bono Economics (PBE), commissioned by national volunteering charity Royal Voluntary Service, estimates productivity gains worth at least £4.6 billion each year, or £4,551 per volunteer, arising from volunteering by those in professional and managerial occupations. The PBE report, titled?A pro bono bonus: The impact of volunteering on wages and productivity, stresses that these productivity gains would likely be even higher if the voluntary efforts of those in other job roles, as well as the benefits of volunteering to unemployed people, were taken into account. More →

If you want to increase productivity, let an algorithm decide the incentives

If you want to increase productivity, let an algorithm decide the incentives

Targeting workers with different incentive schemes based on their individual characteristics leads to greater performance and increased productivity and is much more effective than a one size fits all approachTargeting workers with different incentive schemes based on their individual characteristics leads to greater performance and increased productivity and is much more effective than a one size fits all approach, according to new research from Frankfurt School of Finance & Management and published in the Management Science Journal. To study the impact of targeted incentive schemes on performance, Timo Vogelsang, Professor of Accounting at Frankfurt School of Finance & Management, alongside colleagues from University of Cologne, ran two large-scale experiments with more than 12,000 participants on Amazon MTurk. More →