Search Results for: productivity

Hybrid working averse businesses missing out on €113 billion opportunity

Hybrid working averse businesses missing out on €113 billion opportunity

by • Flexible working, News

European businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh EuropeEuropean businesses continue to miss out on the full potential of hybrid working, according to a new survey from Ricoh Europe.  The research, conducted by Opinium and analysed by CEBR, polled 6,000 workers and 1,500 decision makers across Europe. Business leaders say that workers are, on average, 4 percent more productive in a hybrid culture, equivalent to an additional €113 billion to the European economy compared with pre-pandemic ways of working. (more…)

Flexible working and its benefits are enjoyed most by highest paid workers

Flexible working and its benefits are enjoyed most by highest paid workers

by • Flexible working, News

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 reportLow paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Just half (51 percent) of workers surveyed for the report earning less than £20,000 a year work flexibly, compared with eight in ten (80 percent) workers earning more than £50,000. The figures are from an analysis of flexible working in Scotland, which is supported by the Scottish Government and The Hunter Foundation. (more…)

Hybrid working is a potential deal breaker for two thirds of tech workers

Hybrid working is a potential deal breaker for two thirds of tech workers

by • Flexible working, News

The report claims that a flexible working policy is considered a high priority by 78 percent of tech employees and a hybrid working policy by 67 percent of tech employeesA new report claims that 7 in 10 UK tech workers now consider hybrid working a key factor when considering a future employer. That is according to The Scaleup Culture Report [registration] from Techspace, based on a YouGov survey of 1,000 tech workers. The report claims that a flexible working policy is considered a high priority by 78 percent of tech employees and a hybrid working policy by 67 percent of tech employees. Other important factors include flexible working policies and opportunities for career development. These statistics have exposed a new factor that will determine startups’ competitiveness in the job market. (more…)

Majority of employees see themselves as cogs in corporate machinery

Majority of employees see themselves as cogs in corporate machinery

by • News, Workplace

A significant majority (85 percent) of employees feel like they are just a cog in the machinery of their organisation and 43 percent have no idea how their performance contributes to business success, according to a new survey of employee experience and expectations. According to the new study [registration] from Oracle, HR leaders are struggling to keep up with changing employee expectations and this can have dire consequences for businesses. The survey of 1,000 employees and HR leaders across the United Kingdom (UK) found that despite current economic uncertainty, worker expectations are higher than ever, and HR leaders need help to get the employee experience right or risk losing profits and market share. (more…)

Jiecang and Logicdata pioneer dynamic office furniture with new technological solutions

Jiecang and Logicdata pioneer dynamic office furniture with new technological solutions

by • Company news

Jiecang, one of the world's leading supplier of linear actuators, in conjunction with the Austrian brand Logicdata, a European company that has been part of the Jiecang Group since 2021, is offering a wide range of technological solutions to make office furniture more dynamic, smart, and interactiveJiecang, one of the world’s leading supplier of linear actuators, in conjunction with the Austrian brand Logicdata, a European company that has been part of the Jiecang Group since 2021, is offering a wide range of technological solutions to make office furniture more dynamic, smart, and interactive. (more…)

Firms missing the chances to implement hybrid working and adopt new technologies

Firms missing the chances to implement hybrid working and adopt new technologies

by • Flexible working, News, Technology, Wellbeing

companies are missing opportunities to unlock new levels of employee productivity with new technology, hybrid working, and talent development.The new Slack State of Work Report [registration] claims that companies are missing opportunities to unlock new levels of employee productivity with new technology, hybrid working, and talent development. The report, based on a global survey of more than 18,000 desk workers – including 2,000 in the UK, found only 23 percent of companies are investing in technology to improve productivity and efficiency (21 percent in the UK), and just 27 percent of companies are using AI tools to help do so. (more…)

Around a quarter of jobs will shift over the next five years, WEF report claims

Around a quarter of jobs will shift over the next five years, WEF report claims

by • News, Workplace

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic ForumAlmost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. (more…)

Biophilic office design has a clear business case, report claims

Biophilic office design has a clear business case, report claims

by • News, Wellbeing, Workplace design

A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design.A new report, Reap What You Sow: Valuing Workplaces that Grow Good Ideas from PLP Labs sets out to explain the process of measuring and monetising the wellbeing and environmental value of biophilic office design. The report argues that in corporate real estate, the environment impacts the bottom line. PLP’s study – run in collaboration with academics from Loughborough University, the University of Reading, and Benholm claims to enable real estate clients to fairly evaluate the worth of investing in nature alongside other project costs. (more…)

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

Wellbeing and sustainability are defining characteristics of London’s BCO Awards winning offices

by • News, Property, Workplace design

London’s most outstanding workplaces have been recognised with British Council for Offices Awards going to seven office buildings across the capital. Held at the London Hilton on Park Lane, the BCO’s annual London Awards Lunch recognised projects that demonstrate best practice in office design, fit-out, operation and sustainability, setting the standard for excellence across the sector. (more…)

Employees 12 percent more likely to leave if employers don’t establish hybrid working norms

Employees 12 percent more likely to leave if employers don’t establish hybrid working norms

by • Flexible working, News, Technology

Organisations that lack explicit norms around hybrid working can increase the likelihood of an employee leaving by 12 percentOrganisations that lack explicit norms around hybrid working can increase the likelihood of an employee leaving by 12 percent, according to a new report from Gartner [paywall]. The report claims that the most successful hybrid models encompass three main categories of explicit norms that increase visibility, enable flexibility, and foster connections. (more…)

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

by • News, Technology, Workplace

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. (more…)

Work-related stress costing UK economy £28bn a year

Work-related stress costing UK economy £28bn a year

by • News, Wellbeing

New data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stressNew data and economic modelling from AXA UK and Centre for Business and Economic Research (Cebr) claims that people are struggling with burnout and work-related stress, with an estimated £28bn lost last year due to poor mental health at work. The majority of this cost is due to loss of working days because of stress, burnout and general poor mental health, with businesses losing 23.3m working days as a result of these issues.  (more…)

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