Search Results for: productivity

Poor health means today is “first productive day of year”

Poor health means today is “first productive day of year”

healthToday is the first productive day of the year for UK employees, according to new research which claims 38 working days were lost, on average, by each employee last year due to physical and mental health related absence and presenteeism. The study puts the cost to businesses and the economy of these lost days (which in reality are of course spread out across the whole year) at £91.9bn in 2019, an increase of more than £10bn on 2018. (more…)

Employees use only fraction of their knowledge at work

Employees use only fraction of their knowledge at work

knowledgeEmployees use just 38 percent of their knowledge and expertise at work, meaning organisations are failing to unlock even half of the brainpower of their people, research has claimed. According to the survey of more than 1,000 UK and US “knowledge workers” by Starmind, 90 percent of employees want more opportunities to share knowledge and expertise and three quarters believe their organisation would benefit from accessing more of their expertise. More than 6 in 10 respondents feel they could contribute more but don’t know how, while nearly two-thirds say they have knowledge their organisation isn’t aware of or doesn’t capitalise on. (more…)

Outer-city coworking cuts carbon and commuting

Outer-city coworking cuts carbon and commuting

coworkingEach flexible coworking space created in a smaller town or suburban area reduces carbon emissions by an average of 118 tonnes a year thanks to shorter commutes, an international study has claimed. By allowing people to work closer to home, one coworking space saves the employees based there a total of 7,416 commuting hours per annum on average, the research by independent economists commissioned by Regus says. This not only helps businesses to reduce their carbon footprint but can improve employees’ wellbeing and work-life balance. (more…)

London office rents to rise due to “Boris bounce”

London office rents to rise due to “Boris bounce”

London office rentsRents for new, Grade A office space are likely to rise in many parts of London this year, a property consultancy has predicted. According to Carter Jonas, rents for prime located, new, mid-rise, Grade A space above 5,000 sq ft will typically increase by £1.50 – £2.50 per sq ft per annum by the last quarter of 2020 across most of the London office sub-markets. The forecast increases are being underpinned by continued low vacancy rates and unexpectedly strong demand as business confidence increases following the general election. (more…)

EU membership can hamper local businesses

EU membership can hamper local businesses

EU membershipEastern European businesses have benefited overall from EU membership but, for local firms, the promise of joining does not always live up to expectation or improve productivity, a report has warned. On the plus side, EU membership results in a significant increase in foreign investment, the report from IZA World of Labor suggests. (more…)

Flexible working can help mental wellbeing

Flexible working can help mental wellbeing

flexible workingFlexible working can help employees manage mental illness and keep them in the workforce during difficult life events, a survey by US-based FlexJobs has claimed. Of 2,100 respondents with a mental illness, such as anxiety or depression, 84 percent thought having a flexible job would help them manage their condition better. (more…)

Workplace leaders must adapt to a new technological reality

Workplace leaders must adapt to a new technological reality

workplaceI speak with senior workplace leaders daily and those conversations, coupled with our research and that of other people, offer us a striking perspective on the trends and changing nature of the workplace and in particular the impact of technology. Some themes are cropping up time and time again in these conversations and research and point to a new technology-led reality that we must all address. (more…)

Two fifths of workers hide health issue from boss

Two fifths of workers hide health issue from boss

health issueMore than 40 percent of workers have a hidden health issue they’ve never disclosed to their employers, with younger employees the most likely to withhold information from their bosses, according to new research. A survey of 1,000 employees, carried out by healthcare provider Benenden Health, revealed 63 percent of respondents aged 23 or under and 60 percent of 24-38-year-olds surveyed haven’t told their employers about a health issue. This is compared to 35 percent of respondents aged 39-54 and 18 percent of those aged 55 or over. (more…)

Employers face uphill battle to prevent presenteeism

Employers face uphill battle to prevent presenteeism

presenteeismOver the last 12 months, seven in 10 UK business leaders witnessed presenteeism, where someone come into the office when they are unwell, a survey has claimed. The issue is particularly prevalent at certain times of the year, recruitment firm Robert Half suggested, with 71 percent of respondents considering that presenteeism increases during the winter months when colds, flu and other respiratory illnesses are more common.
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Aloof bosses should change their job title to chief elusive officer

Aloof bosses should change their job title to chief elusive officer

aloof bossesThe bosses of many of Britain’s biggest businesses are so disengaged from their workers and the company hierarchy so embedded, that they should start calling themselves Chief Elusive Officers. That is the key finding of a survey of companies across western and northern Europe and North America into what employees think of their chief executives carried out by HR software firm Unit4. (more…)

Flexible working and an always on culture can be bad for health

Flexible working and an always on culture can be bad for health

flexible workingEmployees believe flexible working allows them to do their best work yet they also feel permanent connectivity is damaging their health, an international survey of more than 1,000 workers has suggested. In the study conducted by Quartz Insights in partnership with Citrix Systems, Inc, respondents ranked flexible working as the third most important factor – behind salary and leadership – enabling them to do their best work. However, two thirds also believed the “always on” mentality has a significant negative impact on their health. (more…)

Mental health benefits of time in nature valued at £4.5 trillion globally

Mental health benefits of time in nature valued at £4.5 trillion globally

Mental healthTime spent in the great outdoors is worth abour£4.5 trillion a year in the improved mental health of people, according to results published by a team of researchers from Griffith University’s School of Environment and ScienceCentre for Work Organisation and WellbeingEnvironmental Futures Research InstituteGriffith Business School and School of Medicine.   (more…)