Search Results for: productivity

March 8, 2017

Staff aged 35 and under have lower levels of health and wellbeing than older workers ⁰

by Sara Bean • News, Wellbeing, Workplace

Employees aged 35 and under lose the highest average amount of productive time due to absenteeism and presenteeism, are the least physically active in the workforce, have a high proportion of smokers and eat the least fruit and vegetables each day. This is according to data from Britain’s Healthiest Workplace (BHW) which claims that these same employees, many of whom entered the workforce following the recent global financial crisis, already suffer from social mobility challenges and tough economic conditions, which is having a considerable impact on their health and wellbeing. Data from BHW shows that high stress levels can have major impacts on employee productivity at work, which in turn has cost implications for the employer. Almost 35 percent of 26-30 year old employees are physically inactive, completing less than 150 minutes of exercise a week, and on top of this nearly 14 percent of this age group smoke. Comparatively, the same data shows that older employees have healthier habits, with 22.5 percent of 56-60 year olds being physically inactive and only a small proportion (6.1 percent) smoking.

March 6, 2017

US employers turn to perks and office design to increase employee retention ⁰

by Neil Franklin • Flexible working, News, Technology, Workplace design

Younger workers are less and less loyal to employers, which is driving firms to place greater emphasis on benefits, empowerment and a better working environment, according to a study from ReportLinker. The small scale online study of 500 people found that Millennials are less likely than older generations to say they’re highly committed to their employer, with just 40 percent saying they somewhat agree with this statement compared to 66 percent of older workers say they’re highly committed to their organisation. The report concludes that this is encouraging employers to introduce new ways of winning the loyalty of employees. For example, 87 percent of employees who are more involved in decision-making are also more likely to say they are committed to their employers although, as always, we should be wary of the distinction between correlation and causation.

March 2, 2017

Technology can help encourage employees make healthier lifestyle choices ⁰

by Sara Bean • News, Technology, Wellbeing, Workplace

Fostering behavioural change among employees to encourage them to make healthier lifestyle choices could deliver both productivity gains and economic growth, a new report claims. According to Human-Centric Health: Behaviour Change and the Prevention of Non-Communicable Diseases, by the World Economic Forum in collaboration with Willis Towers Watson, behavioural economics will be critical to encourage healthier lifestyles and reduce the burden of non-communicable diseases (cardiovascular disease, mental illness, cancer, chronic respiratory disease and diabetes) that account for approximately 16 million premature deaths annually and will cost an estimated cumulative loss of $47 trillion in economic activity worldwide over the next two decades. According to the analysis, technology such as mobile phones with accelerometers that make activity challenges easier and engage individuals in a community of supportive peers will improve people’s understanding of health-related knowledge and encourage them to reshape their behaviour. Linking individuals to ‘commitment contracts’ to exercise, quit smoking, or adhere to medicine prescription schedules will also be easier to monitor using sensors and mobile technology.

March 1, 2017

Increasing adoption of wellbeing strategies to improve engagement and culture ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Workplace wellbeing strategies are being implemented by employers at an unprecedented rate, with 45 percent of UK companies now having a clearly-defined wellbeing strategy in place, compared to less than a third (30 percent) in 2016, claims a new report. According to ‘Employee Wellbeing Research 2017: The evolution of workplace wellbeing in the UK’ from Reward & Employee Benefits Association (REBA), in association with Punter Southall Health & Protection, of those that don’t, virtually all plan or wish to implement one – with 46 percent planning on implementing one this year, 24 percent in the next few years and a quarter (25 percent) having it on their ‘wish list’. Over a third (37 percent) launched their wellbeing strategy to improve employee engagement, and just over a quarter (26 percent) to improve organisational culture. Other drivers included improving productivity levels (11 percent), reducing long and short-term sickness absence (6 percent & 5 percent) and retaining talent (5 percent).

February 28, 2017

A report into facilities management that is hard to swallow ⁰

by Simon Heath • Comment, Facilities management

I’ve wanted to write this piece for a while. I suspect it’ll piss a few people off. But I need to get it off my chest. I’ve held off writing it because I have been worried that it will be seen as disrespectful to the memory of a well-liked and respected member of the facilities management community, Chris Stoddart. I never knew Chris. But from what I’ve heard from those who did, his reputation is well deserved. I hope that Chris’ friends, colleagues and family will understand what I have to say and why I’m saying it. I was at last year’s Think FM event where the BIFM launched The Stoddart Review in Chris’ memory. The aim was to explore the link between workplace design and management and productivity.

February 28, 2017

Digitisation of workplace boosts earning powers in creative and design sector ⁰

by Sara Bean • Flexible working, News, Technology, Workplace

The rise of the gig economy and social media platforms have pushed creative and design jobs up the salary ranks, according to the latest UK Job Market Report from Adzuna.co.uk. In January, average salaries in this sector saw an annual increase of 2.2 percent to £31,828, with its popularity being driven by factors such as the new digital age coupled with the expertise of graduates who step into the jobs market with a fresh outlook on social media channels such as Snapchat and Instagram, which are highly valuable to employees. Across the job market, the employment rate stands at 74.6 percent, the highest since comparable records began in 1971 according to the ONS. This has been helped by a record proportion of women in work, with so-called ‘returnships’ – a type of later-life work experience helping older people, predominantly women back into the workplace – boosting the figures. Immigration may have tailed off in the wake of Brexit, but this also previously helped stimulate the jobs market.

February 21, 2017

We need to rethink everything we know about self-employment and the gig economy ⁰

by Mark Eltringham • Flexible working, News

The rise in self-employment is being led by workers in relatively ‘privileged’ high-skilled, higher-paying sectors such as advertising and banking rather than the gig economy. Their considerable tax advantages over employees, rather than new technology and the gig economy, are central to the rapid growth in self-employment, according to a new analysis published by the Resolution Foundation. Self-employed workers in the larger but slower growing ‘precarious’ sectors that have dominated the recent public debate, enjoy a much lower tax advantages over employees but still miss out on important pay and employment rights. The analysis shows that 60 per cent of the growth in self-employment since 2009 has been in ‘privileged’ sectors, despite them making up just 40 per cent of the self-employed. The fastest growing sectors have been advertising (100 per cent growth), public administration (90 per cent), and banking (60 per cent). The remaining 40 per cent of the growth in self-employment has come in more ‘precarious’ sectors, such as construction and cleaning. The Foundation notes that despite the focus on Uber in recent years, the sector that includes taxis is actually only up 7 per cent since 2009, a third of the 22 per cent growth in self-employment up as a whole.

February 21, 2017

Managers waste three days a year in unnecessary and unproductive meetings ⁰

by Neil Franklin • News

Badly prepared, unnecessary and over-running meetings are harming businesses while directors and managers waste almost three days on average a year in them, according to a survey from technology firm Perivan. Over a half (51 percent) of UK business managers say they have been to a meeting where documents were found to be missing or else incorrect or out-of-date papers were presented. Close to a third (31 percent) said they are aware of erroneous decisions having been made as a direct result. On average, respondents said they participate in three meetings each week, though a quarter stated more than five per week. Around 42 percent said they believe they are attending too many, while 47 percent pointed out that the number they are being asked to attend has increased in the last three years.

February 15, 2017

Millennials now less likely to give up job security, but still want flexible work ⁰

by Sara Bean • Flexible working, News, Wellbeing, Workplace

Millennials are less likely to leave the security of their jobs this year as the events of 2016; terror attacks in Europe, Brexit, and a contentious US presidential election appear to have rattled their confidence. This is according to Deloitte’s sixth annual Millennial Survey of nearly 8,000 millennials from 30 countries, which found that the “loyalty gap” between those who saw themselves leaving their companies within two years and those who anticipated staying beyond five years has moved from 17 percentage points last year to seven points. The desire for security is also apparent in the finding that, while millennials perceive across-the-board advantages of working as freelancers or consultants, nearly two-thirds said they prefer full-time employment. Those in highly flexible organizations appear to be much more loyal to their employers and are two-and-a-half times more likely to believe that flexible working practices have a positive impact on financial performance than those in more restrictive organizations. Three-quarters of those offered flexible working opportunities say they trust colleagues to respect it, and 78 percent feel trusted by their line managers.

February 13, 2017

Neuroscience can function as a management tool for personal development ⁰

by Mike James • Comment, Workplace

More and more employers, especially big corporates, are looking at ways to improve employee satisfaction, creativity and productivity. The business of managing change in the workplace has received much attention. It’s a clever game, and one that’s fuelling a booming growth in neuroscientific consulting. Coaching staff to embrace change and think about personal growth, alongside individualised learning programmes are hot topics in the business world. Brain science is a growth industry and it’s providing interesting answers to many important questions about why affecting change in the workplace has historically suffered low success rates, and how that can change.

January 31, 2017

London salaries fall as UK becomes less capital-centric, and it could be due to Brexit ⁰

by Sara Bean • Cities, News, Property, Workplace

London continues to be the region with the highest number of advertised vacancies (248,605) and the highest average salaries (£38,449), but its previously unassailable supremacy may soon be challenged, a new survey suggests. According to the latest UK Job Market Report from Adzuna real-time jobs data average salaries in the capital have fallen more (-3.9 percent) than any other region in the UK in the past year as salary growth in the rest of the UK catches up at a more consistent rate. This also represents a wider shift in the jobs market as the Government creates a solid post-Brexit UK economy that drives growth across the whole country. It is likely growing trends such as companies relocating their headquarters to cities outside the capital such as Manchester will continue as well as reinvestments into northern powerhouses to revitalise former struggling areas and industries. With competition for jobs per jobseeker per vacancy rising from 0.43 to 0.45 in January, jobseekers in the capital may have two hurdles ahead in the shape of a more competitive job market and pedestrian salary growth.

January 30, 2017

The Boston Consulting Group: pushing the art and science of workplace design ⁰

by Jo Sutherland • Case studies, Features, Workplace design

This month, The Boston Consulting Group (BCG) opened its doors to its latest office in what’s been described as the new heart of New York; namely, the up-and-coming Hudson Yards development. Thought leaders from the world of workplace design including a representative from including Workplace Insight were invited to the launch of the new workspace to find out how the world’s leading advisor on business strategy has pushed the art and science of workplace design. BCG, which is consistently ranked near the top of Fortune’s annual Best Companies to Work For survey, worked with an array of experts for input into the design and use of innovative technologies, including Gensler, Humanyze and Unwork. Leesman was brought in to offer a neutral voice when the project was already in motion to validate the design proposal.