Search Results for: productivity

Stress and mental health growing priority at board level but bosses struggle to support staff

Stress and mental health growing priority at board level but bosses struggle to support staff

by • News, Wellbeing, Workplace

Stress and mental health growing priority for board level but bosses struggle to support staffTwo new reports published today reflect increasing concerns about stress and mental ill health at work and a lack of understanding by many organisations in how to combat the problem. A new study by Bupa claims that mental health is now a priority at board level for almost two-thirds (65 percent) of businesses, rising to 72 percent among large corporates, while mental health is now a bigger issue than physical illness among employees for nearly a third (29 percent) of businesses. Yet while an overwhelming majority (96 percent) of businesses want to help support their people, many (57 percent) do not know how to best support employees with these challenges. Two in five (39 percent) admit that awareness and understanding of mental health issues is still low across their organisation. These findings are echoed in a report carried out by Perkbox that claims work is by far the most common cause of stress (59 percent). Yet almost one in two (45 percent) of British businesses do not offer anything to help alleviate this, despite the fact that 1 in 4 (25 percent) struggle to be as productive at work when stressed.

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Poor numeracy thought to account for an estimated £3.2 billion annual cost to businesses

Poor numeracy thought to account for an estimated £3.2 billion annual cost to businesses

by • News, Workplace

Poor numeracy thought to account for an estimated £3.2 billion annual cost to businessesAlmost one in two working age adults currently lack numeracy skills and this skills gap is estimated to cost businesses £3.2bn annually, with a cost to the UK economy of up to £20.2billion a year. This is why charity National Numeracy has joined together with founder supporter, KPMG, to establish the first ever UK National Numeracy Day – created to drive a change in recognition of the importance of numbers, as well as improve employee careers. The day, which takes place on the 16th May will be designed to celebrate numbers, and aims to help individuals to check their numeracy levels, and provide free tools to support improvement amongst those who could benefit. Businesses are being called on to get involved in a variety of ways; from becoming an official supporter, to encouraging employees, suppliers and the local community to check their numeracy levels using the free online numeracy assessment tool. 

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Greater attention must be paid to office design to attract younger talent

Greater attention must be paid to office design to attract younger talent

by • Facilities management, Lighting, News, Workplace, Workplace design

Greater attention must be paid on the aesthetics of an office to attract younger talentOver a fifth (21 percent) of 18-24 year olds admit that they have rejected a potential employer because of the poor design of the office or lack of amenities available, while 34 percent in the same age group would be willing to commute for a maximum of one hour each way to an office that is considered perfect – compared to 22 percent of 45-54 year olds. The research, commissioned by Mindspace, found that 16 percent of 18-24 year olds have actually left a job because of how poorly designed the office was in one of their previous roles. Overall, nearly a third (31 percent), of workers are bored with their current office environment and feel uninspired at work, with 28 percent of workers describing their place of work outdated and dull. The research also found that while most workers had access to amenities such as a kitchen (72 percent), meeting rooms (66 percent) and free tea & coffee (53 percent), what UK office workers desire the most to improve morale is more natural light, air conditioning and improved interior lighting.

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Flexible working has a range of positive benefits for workers, a new report confirms

Flexible working has a range of positive benefits for workers, a new report confirms

by • Flexible working, News

flexible workingFlexibility in where, when and how people work, including remote work, leads to an increase in innovation, as well as improvements in communication, creativity, productivity and engagement, according to a new study from the Flex+Strategy Group (FSG). This is among the key findings from a national probability telephone survey of 595 full-time employed US adults conducted for FSG by ORC International. The report claims that sixty percent of people who have flexible working options feel they’re “more productive and engaged.” Only 4 percent said they are less so, with 34 percent feeling their level of productivity and engagement is consistent. The results suggest major corporations including IBM may have gotten it wrong when they cited remote work as a barrier to innovation and collaboration and asked employees to re-locate back to company offices. The research also found a significant lack of training required for successful flexibility.

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Growing disconnect between pay and workplace effort, claims report

Growing disconnect between pay and workplace effort, claims report

by • Cities, News, Workplace

Exclusive polling undertaken by YouGov for Localis showed exactly half of those surveyed felt they were paid less than they deserved, a third (31 percent) paid roughly the right amount and 7 percent felt overpaid. The polling figures also indicated nearly two thirds (61 percent) of people felt unrewarded for hard work. The findings are contained in a report entitled ‘The Delivery of an Industrial Strategy – Raising prosperity across England’ which examines how strategic authorities, such as Mayoral Combined Authorities and county councils, can take the industrial strategy forward at a local level to raise local prosperity and living standards. (more…)

Occupiers seeking tech, flexibility and wellness in a newly consumerised workplace

Occupiers seeking tech, flexibility and wellness in a newly consumerised workplace

by • Flexible working, News, Property, Technology

Nearly two-thirds of  corporate occupiers (62 percent) plan to increase their investment in real estate technology over the next three years, most of them in the next year, according to the 2018 EMEA Occupier Survey from CBRE. Companies are intending to invest more heavily in new real estate technologies over the short to medium term in order to enhance the user experience and raise workforce productivity. This represents a clear move away from aiming real estate technology at purely operational goals such as energy management.

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Full fibre broadband could deliver £120bn boost to UK economy

Full fibre broadband could deliver £120bn boost to UK economy

by • News, Technology

A new study conducted by economic consultancy Regeneris, and commissioned by Cityfibre, claims that the total economic impact of deploying full fibre ultrafast broadband networks across 100 UK city and towns, could reach £120bn over a 15 year period. The study examined ten areas of the UK economy likely to benefit from full fibre roll-outs. It also sought to quantify the impact of each of these areas in 100 distinct UK town and city economies over a 15-year period. According to the researchers, the UK’s business community – and most particularly its small and medium sized companies – could stand to benefit enormously. Access to full fibre could unlock £4.5bn in business productivity, innovation and access to new markets in these locations; a further £2.3bn in growth could be driven from catalysing new business start-ups; while the increased ability for companies to support flexible working could add £1.9bn.

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What the Chancellor’s Spring Statement means for the employment landscape

What the Chancellor’s Spring Statement means for the employment landscape

by • Comment, Workplace

It may only have lasted 26 minutes, but chancellor Philip Hammond’s inaugural Spring Statement included a number of very encouraging points. Critics were quick to criticise Philip Hammond’s first Spring Statement. But that is perhaps simply the nature of politics. If an impartial party carefully dissects the 26-minute speech, there are undoubtedly many positives to take away. Yes, growth projections still lag slightly behind those highlighted in March 2016. However, it must be accepted that pre-Brexit forecasts are a different story altogether. On 24 June 2016, very few people would have predicted the growth story that was told in the House of Commons today – one of continued economic development with further growth on the horizon. This story is therefore an extremely encouraging one, and a welcome narrative amidst the doom and gloom that so often dominates the media headlines and political debates.

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Smart cities could give people back 125 hours each year, claims new Intel study

by • Cities, News, Technology

An Intel-sponsored study by Juniper Research estimates that smart cities have the potential to “give back” around 125 hours to every resident every year. The study also ranks the top 20 smart cities worldwide across four key areas: mobility, health care, public safety and productivity, and reveals how these cities deliver positive outcomes for increased time savings and productivity, increases in health and overall quality of life, and a safer environment. The study found that Chicago, London, New York, San Francisco and Singapore (pictured), are the world’s leading cities integrating IoT technologies and connected services. These cities stand out because of their cohesive efforts to connect city municipalities, businesses and their citizens to address a growing need to improve “livability” – specifically around mobility (San Francisco and Singapore), public safety (Chicago, New York and Singapore), health care (London and Singapore), and productivity (Chicago, London and Singapore) – as they transition to a smarter, more connected environment.

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Four UK cities ranked in Europe’s top ten most attractive locations for businesses and employees

Four UK cities ranked in Europe’s top ten most attractive locations for businesses and employees

by • Cities, News

London has been ranked as Europe’s most attractive city for businesses and employees for second year running according to Colliers International’s latest European Cities of Influence report, which reviews and ranks cities based on their occupier attractiveness, availability of talent, and quality of life factors alongside economic output and productivity; Paris, Madrid, Moscow and Birmingham making up the rest of the top five. The report claims that the UK remains a highly desirable destination for capital and occupiers, largely driven by its ‘magnetism as a centre of diverse high-quality service sector talent’, which is in turn is helping to drive economic output and productivity. Other UK cities which score in the top 10 include Birmingham (5th), Edinburgh (7th) and Manchester (10th).

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Schools aren’t doing enough to prepare children for collaborative working life

Schools aren’t doing enough to prepare children for collaborative working life

by • Flexible working, News

schools and working lifeNew research from the organisers of UC EXPO claims that just 44 percent of British people believe that the current school curriculum does enough to provide students with the collaboration skills they need for modern working life. According to the study of 2,000 respondents carried out in February of this year, 70 percent of the UK workforce already believes that collaboration is very important in the work environment. But just over half (51 percent) either never collaborated or collaborated infrequently in school, and 37 percent stated that collaboration wasn’t an important focus of their education.

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About time we simply accepted that coworking and flexible working are the new normal

About time we simply accepted that coworking and flexible working are the new normal

by • Comment, Coworking, Flexible working, Workplace design

Ask someone to list innovative companies which have become notable disruptors in their market and they invariably respond with two names – Uber and Airbnb. That is because both brands are positioned squarely and successfully at the retail consumer: for people who use a taxi or take an occasional short break in a foreign city, they have become the automatic default options. But there is another equally successful business targeting the corporate space, aimed particularly at small businesses and millennial tech start-ups: WeWork. Just like Uber and Airbnb, it is less than a decade old. In that time, WeWork’s ambition of being the world’s leading coworking company has been realised. Championing itself as a disruption revolutionary, it has succeeded more prosaically by ‘creating environments that increase productivity, innovation, and collaboration,’ according to its website. WeWork’s model involves renting office space cheaply via long-term lease contracts. Small units are then re-rented at higher rates to start up companies which are happy to pay a premium because they need very little space.

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