Search Results for: productivity

April 6, 2018

UK enjoys largest jump in productivity for a decade but challenges remain

Britain’s economy enjoyed uncharacteristically solid productivity growth in the last three months of 2017 to record its strongest six months in more than a decade, new official figures show. Economic output per hour worked rose by 0.7 percent in the fourth quarter of 2017 – above its long-run average though marginally less than estimated in February – and the third-quarter figure was revised up slightly to 1.0 percent. Together they show the strongest growth since the second half of 2005. British productivity has largely stagnated over the past decade and is commonly seen as a chronic challenge. Over the past 10 years Britain’s productivity growth has been the weakest since modern records began and appears to be the slowest since the early 1820s. Overall output per hour, a driver of living standards, is only 1.8 percent above the pre-financial crisis peak it reached at the end of 2007.

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March 2, 2018

Productivity, retention and employee wellbeing improve when there is workplace trust

by Sara Bean • News, Wellbeing, Workplace

Being in a reliable work environment increases retention, productivity and employee wellbeing, while also promoting a better business culture, finds new research from Bupa. An examination of workplace trust and the impact on employee wellbeing reveals that over half (53 per cent) of employees considered it to be a major factor in whether they stayed or left a company. The research found that nearly a quarter of UK employees (24 per cent) have left their company due to issues around trust. Although trust is not a tangible workplace benefits, such as salary and bonuses, it is an essential variable in promoting harmony and productivity within an organisation and the study suggests how important it is within the workplace, and also the contribution it makes to the wellbeing of employees and the overall performance of a company. The study also asked employees how trust compares to other company benefits. Nearly two thirds (62 per cent) believe that trust is more important than a gym membership or company mobile, while over half value it more than a free canteen (56 per cent) and company car (55 per cent).

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February 20, 2018

Open plan offices are distracting and reduce rather than improve productivity, says report

by Sara Bean • Facilities management, News, Wellbeing, Workplace, Workplace design

Open, collaborative work environments have been hailed as a boost to collaboration and performance, but since individual tasks that require high levels of concentration and minimum disruption still account for over half of the typical working day, noise and distraction within open plan workplaces prevent employees from focusing properly and may reduce productivity, claims a new report. According to research by Unispace, 60 percent of the average working day is devoted to individual task-focused work; 25 percent to collaboration, 7 percent to socialising and the same for learning. The research found that the issue of noise has actually become much worse over the last 12 months, with more workers complaining compared to the same research conducted in 2016. Survey respondents flagged noise (15 percent) as the primary cause of inefficiency during the working week, a number that has risen by four per cent in just 12 months. Second to this was a lack of quiet areas (13 percent), a lack of privacy (9 percent) and 7 percent felt that the temperature and air quality of their office was also a factor. The findings come as part of Unispace’s research of more than 11,000 workers in a global study of working practices and workplace design.

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February 16, 2018

Poor management blamed for low levels of productivity amongst UK workforce

by Sara Bean • News, Wellbeing, Workplace

A third of workers (32 percent) regularly struggle to be productive in their job, and one in six (16 percent) blame their manager – claims a new survey from ADP. This puts bad management ahead of inefficient systems and processes (15 percent) and staff shortages (13 percent) as the biggest drain on productivity in the UK workplace. The UK has been grappling with low productivity levels for a number of years, consistently placed behind other leading economies, such as Germany and the US in official productivity tables. While recent ONS figures suggested a recovery is underway, reporting the biggest jump in productivity levels for six years, the ADP findings suggests that UK PLC isn’t out of the woods just yet. Barriers to productivity also vary significantly based on age, with over 55s the most affected by bad management (20 percent), while 16 to 24-year olds are more affected by social media (22 percent) distractions from colleagues (21 percent) and stress (18 percent).

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January 12, 2018

The complex relationship between productivity, technology and working anywhere

by Mark Eltringham • Flexible working, News, Technology, Wellbeing

A new report produced by Lancaster University’s Work Foundation and commissioned by Citrix, highlights the complex and often strained relationship between productivity, technology, work and the idea of working anywhere. Despite the march of digital transformation, one in four (24 percent) UK managers questioned for this report believe their organisation is not technologically ‘forward thinking’. With Britain’s productivity slowdown the largest of the G7 economies since the recession, over three in five (63 percent) of knowledge workers polled believe they are no more productive today than they were three years ago, with 17 percent even claiming to be less industrious. The paper – Productivity, technology & working anywhere – shows an undeniably positive link between correctly-implemented technology and workplace productivity. However this progress can soon by marred by poor business planning, a lack of innovation, outdated IT and low uptake of flexible working cultures. The research is supported with survey responses from 1,000 knowledge workers and 500 managerial level employees within medium and large organisations across the UK.

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January 12, 2018

Pointless meetings can result in disengagement and reduced productivity

by Sara Bean • News, Technology, Workplace

Three in 10 business professionals think most of their meetings are pointless and nearly half (48 percent) of UK business people admit to having dozed off in a meeting claims global research by Barco ClickShare. The study revealed the true extent of our shared dislike for business meetings, which many respondents believe are poorly run at best or, at worst, completely pointless. Nearly a third of respondents globally said they found less than half of their meetings to be useful, while 30 percent also said they had dozed off in a meeting before. The UK, in fact, led the way in the asleep-in-meeting stakes, with nearly half (48 percent) of all UK respondents saying they’d fallen asleep in meetings. Checking emails and social media during meetings was also extremely common and another indication of disengagement and distraction. Over 70 percent of people said they regularly checked emails during meetings, while 37 percent access social media.

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January 10, 2018

UK productivity growing at quickest rate for six years

by Mark Eltringham • News

Productivity in Britain is rising at its fastest rate in six years. Output per hour worked rose by 0.9 per cent between July and September of 2017, according to the latest quarterly report from the Office for National Statistics (ONS). This was the biggest increase since 2011, when productivity grew by 1 per cent. The UK has a persistent problem with its productivity. Excluding the UK, G7 GDP per hour worked is 18 per cent higher than in Britain, with productivity in the United States 30 per cent higher, France 31 per cent and Germany 36 per cent. High productivity is considered the key to economic prosperity because it allows companies to produce more goods or services with fewer workers or hours worked. This in turn lets companies pay higher wages without having to raise prices. Many theories have been developed to explain the UK’s chronic low productivity, which are summarised by the Financial Times here (subscription or registration needed).

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December 20, 2017

CIPD predicts tighter labour market and continued poor productivity next year

by Sara Bean • Legal news, News, Workplace

There is little evidence that the pay squeeze will end soon, with only falling inflation likely to lead to meaningful wage increases next year. This is according to a CIPD analysis, which predicts that 2018 will see pay, productivity and migration top the agenda as the UK looks ahead to its exit from the European Union. It adds that the UK workforce could tighten, and with increased constraints on labour supply, 2018 could be the year that the UK finally runs out of people to fill jobs, despite unemployment levels being unlikely to see much change. There are also indications there will be no improvement in productivity, with continued stagnation in UK productivity, which will remain well below pre-crash levels. In the CIPD’s annual labour market predictions, Ian Brinkley, Acting Chief Economist, anticipates a flattening of employment growth and weak pay growth as the UK continues to struggle with its productivity problem.

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December 18, 2017

Productivity plummets as majority of staff now concentrate on Christmas

by Sara Bean • Flexible working, News, Workplace

Productivity plummets from today as over half of staff prepare for Christmas Over half of the workforce (57 percent) of employees admit to officially downing tools today (Monday 18 December) as the festive period gets well and truly underway, claims new research by Peakon. The HR analytics firm’s survey of more than 2,000 people reveals that, as Christmas creeps ever closer, employees admit to a whole raft of distractions from their everyday work duties. Two in five people (42 percent) confess to clocking off to Christmas shop online, a third (35 percent) say they’re planning Christmas day and almost one in three (30 percent) are planning their Christmas break instead. One in six (16 percent) confess to indulging in the odd Christmas tipple on the job – with men twice as likely to take advantage of a festive drink than women (22 percent and 11 percent respectively). 17 percent of those surveyed leave work earlier than usual, and one in 10 (12 percent) take longer lunches. A small percentage (4 percent) confess to calling in sick. But offering staff more flexible hours for shopping and Christmas prep would help maintain performance.

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November 30, 2017

Tech faults and slow Internet speeds negatively impact productivity

by Sara Bean • Facilities management, News, Technology, Workplace design

Almost eleven working days are lost every year as a result of technology faults and failures a new report claims and complaints of slow Internet speeds compound the issue. A survey of 2,000 UK workers commissioned by IT provider Probrand.co.uk claims that 262 hours and 43 minutes are lost every year due to technology faults and failures, the equivalent to almost 11 working days each year. The majority of workers (76 percent) said that the technical faults they experienced directly impacted their productivity in work. More than half (54 percent) of workers said that most of the faults they endure are due to their computers crashing or running slowly. But the research also found that 48 percent of respondents blame poor internet speeds and connectivity problems for working hours lost. When faced with a technical issue, more than 1 in 3 (35 percent) workers would turn to a colleague first instead of an IT support provider, while 32 percent would search for solutions to technology related issues before contacting their technical support team.

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November 29, 2017

New study measures the effect of reduced working hours on productivity and inequality.

by Mark Eltringham • News, Technology, Workplace

A new report in the journal IZA World of Labor claims that working hours across the world are falling, but to varying degrees and there is a measurable impact on productivity and workplace inequality in the countries surveyed. In particular low skilled workers are working fewer hours while highly educated workers are often working more which affects the inequality gap between rich and poor. Working hours across the world are falling, but considerable variation remains. In some countries people work 70 percent more hours per year, on average, than in other countries. According to the economist Peter Dolton of the University of Sussex, countries with low working hours such as Germany, Switzerland, France, Belgium, and Austria, have had governments enact progressive interventionist labour market policies and are notable for the presence of strong, well-organised trade unions. The report is available in both English and German. (more…)

November 29, 2017

Boosting skills is the key to improving sluggish growth and productivity

by Mark Eltringham • News, Workplace

The United Kingdom has record-high employment levels and very low jobless rates compared to most OECD countries. However, labour productivity growth remains weak and the job prospects of many adults are hurt by their poor literacy and numeracy skills. To boost growth, productivity and earnings, the UK should encourage lifelong learning among adults and promote better skills utilisation, according to a new OECD report. Getting Skills Right: United Kingdom says that educational attainment has been rising in the UK, with 42 percent of adults having a tertiary degree, compared with 34 percent across the OECD. Sixteen per cent graduate in the field of sciences, more than in any other OECD country, and nearly half of science graduates are women. The share of young adults enrolled in vocational education and training has risen to 43 percent but remains lower than in many other European countries. Apprenticeships are also less popular, pursued by around 24 percent of upper secondary students, compared to 59 percent in Switzerland or 41 percent in Germany.

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