February 14, 2020
Some local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). (more…)
February 13, 2020
Although Europe has much scientific research to be proud of, the region falls worryingly short when it comes to commercialising its discoveries, a study has concluded. A fifth of the world’s leading 100 research organisations – as determined by factors such as the number of articles published in academic journals – are based in Europe, experts from IESE Business School, the European Commission and Oxford University, among others, claim. Yet researchers often lack the resources required to find the right market for their discoveries. (more…)
February 12, 2020
I 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…)
February 12, 2020
More 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…)
February 12, 2020
Over 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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February 7, 2020
Two surveys have highlighted continuing fears among freelancers about the changes to the IR35 rules due to take effect in April. The reforms will shift the responsibility for defining contractors’ tax status from the individual to the employer to crack down on so-called ‘disguised employment’, where off-payroll workers are able to pay less tax than employees. However, concerns have been raised that the rules could force organisations to bring genuine contractors and freelancers on to the payroll, reducing flexibility for both parties. (more…)
February 6, 2020
Executives in small and mid-sized businesses in the UK are more anxious about major decisions at work than critical decisions at home that affect their family, a new study has claimed. The new study by Oracle NetSuite, Unlocking Growth, which provides insights from more than 1,000 business executives in the UK, France, Germany, UAE, Benelux and the Nordic countries, found that 92 percent are overwhelmed by data when making decisions. A third of UK executives are putting risk mitigation ahead of potential success to avoid damaging their career, while 23 percent rely on gut feeling to make critical decisions. (more…)
February 5, 2020
Organisations are currently operating against a backdrop of environmental, social, political and technological upheaval. Changes in the way people work, buy, communicate and live their lives abound while the communications narratives become ever more complex. The zeitgeist dictates how an organisation’s purpose and communications should match the growing expectations placed on it by its identity and need to address its engagement with staff and the outside world. (more…)
February 5, 2020
Employees 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…)
February 5, 2020
Nearly two-thirds of financial services leaders expect to be mass adopters of AI in two years compared to just 16 percent harnessing it today, a survey from the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) claims. This is despite fears around AI, with 58 percent of the 150 senior executives surveyed expecting it to worsen discrimination in the sector and the same number expecting privacy breaches to increase. (more…)
February 5, 2020
Senior employees being too confident about the value of their ideas could be one reason businesses are failing, according to research by the University of Cologne. The study, conducted by Professor Fabian Sting and a team of interdisciplinary co-authors, highlights how choosing the wrong ideas to pursue can lead businesses to make unwise investments and miss out on opportunities, which could threaten their survival. A large part of the problem, it says, is that the person who comes up with the idea overestimates how successful their innovation will be and views their skill or performance as better than it actually is. (more…)
February 13, 2020
What performance culture can teach us about motivating employees in the workplace
by Diane Strohfus • Comment, Workplace