Search Results for: productivity

Direct causal link between wellbeing and corporate performance, claims study

Direct causal link between wellbeing and corporate performance, claims study 0

by • News, Wellbeing

A new report published by IZA World of Labor claims that a rise in workers’ happiness and wellbeing leads to an increase in productivity. The study from economist Dr Eugenio Proto, of the University of Warwick’s Department of Economics and Centre for Competitive Advantage in the Global Economy (CAGE) concludes that companies would profit from investment in their employees’ wellbeing. It cites the experience of large companies that have recently highlighted the importance of employee wellbeing in their company profiles. The authors claims that, until recently, evidence for a link between employee wellbeing and company performance has been sparse and that their own study shows a positive correlation between a rise in happiness and an increase in productivity. Proto believes  that finding causal links between employee wellbeing and company performance is important for firms to justify spending corporate resources to provide a happier work environment for their employees and that the available evidence suggests that companies can be encouraged to introduce policies to increase employee happiness.

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Commuting – stressful, annoying or just another opportunity?

Commuting – stressful, annoying or just another opportunity? 0

by • Comment, Flexible working, Wellbeing

Unless you work at home you will have to commute to work in some form or another and for many people this part of the day can become such a negative factor it can impact on productivity, job satisfaction and even cause depression. However, what if we tried to look at commuting in a different light? What if we took a step back and attempted to turn all those wasted hours into something good and maybe even something productive? Depending on what source you read and when the study was done the average commute in the UK is between 50 minutes and 1 hour 38 minutes. This mean in any given working week most people are spending around 10 to 16 hours getting to and from work. If this amount of “down time” appeared during the working day business owners and managers would take it very seriously indeed. However, as the time falls outside of the employees work remit and essentially the company doesn’t need that person before and after work it is not discussed. The problem is, employees do feel like it is part of the working day and this leads to resentment, stress, fatigue and possible depression not to mention lower productivity.

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Commuting woe will drive uptake of flexible working in 2017, claims study

Commuting woe will drive uptake of flexible working in 2017, claims study 0

by • Flexible working, News

london-commuters-commutingAs more rail strikes grip the South East of England, a new study from Regus suggests that commuters are increasingly frustrated by the sheer tedium and disruption of getting to work in the first place and would like to adopt more flexible working practices as a result. In a study of 1,700 UK professionals carried out by the serviced office provider, 58 percent of respondents said they are looking to ‘work remotely in order to improve their travel schedule’ next year. The study cites recent reports which estimate that today’s average UK commute takes anywhere from 55 to 90 minutes with more than 3 million workers regularly facing journeys of two hours plus to get to and from work. Research has found that the commute has a detrimental effect on wellbeing, with the Office of National Statistics reporting that commuters have lower life satisfaction, lower levels of happiness and higher anxiety.

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Can an organisation simply buy employee motivation?

Can an organisation simply buy employee motivation? 0

by • Comment, Workplace

motivationIt’s the end of the year and like in most companies it’s probably time to start calculating and reassessing your employee’s compensation. But can you actually use money to motivate and retain your employees? A study by Willis Towers Watson found that only 20 percent of employers in North America actually believe merit pay is effective in driving high performance. Traditionally money was seen as the main incentive used to motivate employees. Higher productivity results in higher salaries and bonuses. For companies, it’s been used as the main tool to attract, retain and engage their people. Today we’ve learned that the key to motivation is much more complex than that.

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Baby boomers better off at work but their wellbeing must be managed

Baby boomers better off at work but their wellbeing must be managed 0

by • Flexible working, News, Wellbeing, Workplace

A new report on the state of the public’s health and wellbeing, ‘Baby Boomers: Fit for the Future’, by Professor Dame Sally Davies, the Chief Medical Officer for England, advises that good quality work is good for baby boomers’ health and that employers have a role to play by helping their staff to remain healthy enough to stay in employment.  According to the report on those aged  between 50 and 70, there is an increasing body of evidence that for most people ‘good work’ is good for personal health, organisational productivity and economic prosperity. It also advises since many people define themselves and their position in society in terms of their job, staying in employment is also a significant contributor to self-esteem. The report also finds there is promising evidence that the continued social engagement that some people find in employment may defer the onset of cognitive decline and the risk of dementia.

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The Work Foundation launches Commission on Good Work

The Work Foundation launches Commission on Good Work 0

by • Company news, Workplace, Workplace design

reward-gateway-offices-by-area-sq-london-ukThe Work Foundation, part of Lancaster University, has launched a new Commission on Good Work. The commission will seek answers to key questions such as ‘why is a focus on good work so important now?’,  ‘what does good work mean in a modern economy?’ and ‘how do we achieve good work?’ The initiative was launched by Work Foundation Director Lesley Giles who invited stakeholders from businesses, trade unions, professional bodies, and the public and voluntary sectors to be part of a ‘Good Work Taskforce.’ Supporting the launch were Sir Charlie Mayfield (John Lewis Partnership), Dame Fiona Kendrick (Nestle),Douglas McCormick (Sweett Group), Mark Keese (OECD), Gail Cartmail (Unite), Peter Cheese CIPD, Scott Johnson (a small business owner) and Professor Paul Sparrow (Lancaster University Management School).

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Study highlights the main causes of workplace disruption and irritation

Study highlights the main causes of workplace disruption and irritation 0

by • News, Technology

istock_22099178_medium-1280x640New research released by Samsung Electronics claims that UK small business workers are losing 5.5 hours a week because of workplace disruptions and irritations. Unsurprisingly, technology issues caused the most lost time, at an average of 27 minutes a day (or just over two hours per week). Crashing computers (92 percent) and slow internet (92 percent) were the two biggest technology factors annoying small business workers, closely followed by no access to emails (85 percent). Distractions caused by co-workers caused 22 minutes a day of downtime (just under two hours per week). Moaning (which annoys 84 percent of small business workers), eating loudly or messily (83 percent) and interruptions while talking (80 percent) were the biggest irritations. General office issues contributed 19 minutes a day (1.5 hours a week) in lost time. Being too hot or too cold (82 percent), uncomfortable seating (81 percent) and a messy workplace (80 percent) were the top frustrations.

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Slow broadband prevents thousands of Brits working from home

Slow broadband prevents thousands of Brits working from home 0

by • Flexible working, News, Technology

slow-broadbandAlthough the vast majority of British people who work from home need a fast internet connection, around a quarter of them are hampered by slow broadband, according to a new survey from comparison website Broadband Genie. The news comes on the day the Government finally announces that BT is to divest its Openreach arm which looks after the nation’s broadband infrastructure. The timing is welcome news for broadband users who have been frustrated for years by the UK’s second rate technological infrastructure. According to the Brodband Genie study the majority of people who work from home believe it has a  positive impact on their happiness, work life balance, productivity and motivation. Yet while  90 percent rely on broadband in order to work from home almost a quarter of homeworkers are limited by slow connections.

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Organisations that invest in creativity have happier and more productive employees

Organisations that invest in creativity have happier and more productive employees 0

by • News, Workplace design

Adobe has released the State of Create: 2016, the latest edition of its global survey of some 5,000 people worldwide to assess the state of the creative sector and gauge the impact of creativity on businesses. The headline finding of the latest study is that organisations that invest in creativity are more likely to increase employee productivity (78 percent) and have happier employees (76 percent). The report also claims that respondents believe that those employers who invest in creativity are more likely to foster innovation (83 percent), be competitive (79 percent), provide better customer experience (78 percent), have satisfied customers (80 percent) and be financially successful (73 percent). Around three quarters (74 percent) of respondents also claim that it is important for businesses to focus on good design, with another 70 percent feeling that design drives a strong brand experience. 45 percent claimed that in the past year they had paid more for a product or service that had good design.

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Majority of employers believe automation will create more jobs than it will replace 0

by • News, Technology

A new report published by Capita Resourcing claims that 85 percent of employers believe workplace automation will create more jobs than it will replace in their organisation in 10 years’ time. The main benefits to businesses and employees over this period are likely to be enhanced productivity (76 percent) and new skills development (54 percent). The ‘Workplace More Human’ report surveyed the attitudes of 200 business leaders in medium to large organisations and 1,000 full or part time employees. It revealed that the workplace is currently undergoing rapid transformation with over half (54 percent) of employers already automating business processes that were once performed by people. A further 39 percent plan to automate more processes in the next 12 months.

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Employers urged to find ways of motivating and retaining older workers

Employers urged to find ways of motivating and retaining older workers 0

by • Flexible working, News, Wellbeing, Workplace

Employees over 50 still have a huge amount to offer, and that is why employers need to develop and implement strategies to find ways of managing and retaining them. The results of a three year study – led by Nottingham Trent University with Workplace Innovation Limited – aimed at preventing the loss of vital knowledge, skills and experience of increasingly ageing workforces indicate that measures should be taken by employers to ensure older workers don’t become demotivated and head into early retirement. The first-of-its-kind study follows findings which reveal that by 2030 the number of people aged over 55 in high-income countries will have grown to 500 million. As part of the study, researchers found that interventions which seek to improve job design and the way in which work is organised can lead to better engagement and retention of older workers – as well as producing wider benefits for the business and its employees. The project investigated work-related predictors of retirement for the over 50s, finding that manageable job demands and more control over roles were key factors in delaying a decision to retire.

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Reducing paper-weight is the key to maintaining a healthy business in the digital age

Reducing paper-weight is the key to maintaining a healthy business in the digital age 0

by • Comment, Technology

cameraThe idea of creating a paperless office has been circulating for at least 40 years. Business Week famously forecast its arrival in 1975, predicting that paper would be on its way out by 1980 and dead by 1990. However, it’s almost 2017 and even with new and innovative digital technologies that enable us to operate in a highly connected world, the paper-light office is still far from our reality. Yet institutions from a variety of different sectors are leading the way when it comes to driving initiatives forward to going paperless and paper-light. For example, to address the need of approximately 12 million people in the UK that annually fill in a self-assessment tax form, plans have been put in place by the government to give individual digital accounts, aiming to allow more than 50 million individuals and small businesses to manage their tax affairs online. As a result, costs will be significantly cut by erasing expensive and laborious bureaucratic processes in the long-term, whilst fundamentally streamlining and simplifying intricate business services and applications.

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