Search Results for: risk

December 4, 2019

Half of self-employed people do not know what IR35 is

New research from FreeAgent conducted with 2000 self employed people in the UK, claims that more than half (57 percent) don’t know what IR35 is. The sets of tax legislation encompassed by IR35, designed to combat tax avoidance by workers and the firms hiring them, is unknown to over half of the people most affected by it – the self employed. The legislation, which has been heavily criticised by tax experts and the business community as being poorly conceived, badly implemented by HMRC and causing unnecessary costs and hardships for genuine small businesses, has not been well communicated to self employed people, the research reveals. Tax experts have predicted that IR35 could reduce a worker’s net income by up to 25 percent and Chancellor of the Exchequer, Sajid Javid, recently announced the Conservative Party’s plan to review IR35 as part of its manifesto. (more…)

November 29, 2019

Seeing red about the only home we will ever know

by Mark Eltringham • Environment, Features, Wellbeing, Workplace design

Somewhere in the Utah desert, there is a small living pod designed to emulate conditions on Mars for a group of scientists keen to explore how we might colonise that red planet after messing this blue one up. This came as a surprise to me as did the news that Ikea has been on site recently installing some of its furniture for the occupants. Next up perhaps, an installation of Billy bookcases on the International Space Station as scientists explore the effects on people of a lost screw in zero gravity. I am Jack’s unconstrained rage. (more…)

November 28, 2019

The four day week will make management support more important than ever

by Adrian Moorhouse • Business, Comment, Wellbeing

With work collaboration tools like Facebook Workplace growing more common and constant out of hours access to work emails, it is increasingly difficult to distinguish between work and leisure. This lack of separation between the office and home risks creating a situation where we have less time to unwind. So it’s not surprising that the World Health Organisation officially classified burnout as an occupational phenomenon. Rising workloads, limited staff and resources, and consistently long hours are all contributing to half a million people in the UK suffering from work related stress, with 15.4 million working days lost as a result. Business and politics are hoping to buck this negative trend by finding ways of improving people’s work-life balance – most recently by experimenting with a four day week. (more…)

November 27, 2019

UK falling behind in global skills race

by Neil Franklin • News, Workplace

New research published today by City & Guilds Group claims that the UK risks being left behind as employers across the world race to upskill their workers. As digitalisation and fluctuating economies transform the skills needed in the workplace today, employees are less confident than their bosses that they’ll have skills they need for the future. The study, conducted by City & Guilds Group business Kineo, surveyed 6500 employees and 1300 employers across 13 international markets. It found that employers in developing countries with rapidly emerging economies are among the most likely to ramp up investment in upskilling their workforce in the near future, compared to developed economies such as the UK.

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November 27, 2019

Businesses fear that a failure to embrace automation will make them irrelevant

by Neil Franklin • AI, News

The majority of UK businesses fear becoming ‘irrelevant’ within the next five years through failing to make a successful transition to an automated workplace. To avoid this risk, organisations need to collaborate with their workforces to embrace automation and artificial intelligence, a new report from Capita warns. The report Robot wars or automation alliances? People, technology and the future of work calls for an honest dialogue between business leaders and employees – and urgent, multi-stakeholder action to support employees in the transition to a more automated world. (more…)

November 22, 2019

Contribution of “digital workers” to grow by 50 percent over next two years

by Neil Franklin • AI, News, Technology

A new survey from research firm IDC claims to reveal the true extent of software robots supporting humans in the workplace. The IDC whitepaper, Content Intelligence for the Future of Work (registration), sponsored by ABBYY, indicates that the contribution of software robots, or what the report calls digital workers, to the global workforce will increase by over 50 percent in the next two years. These results, from a survey of 500 senior decision-makers in large enterprises, illustrate a fundamental shift to a future of work dependent on human-machine collaboration. (more…)

November 22, 2019

Office design can be a vehicle for equality and change

by Jeni Durksen • Comment, Workplace design

The way companies design physical environments is a direct reflection of their values and beliefs. Inequality is hardwired into the “standard” office layout, with perimeter offices and fixed desks offering limited settings for unstructured collaboration and recreation, further perpetuating the issue. Modern office design often favours extroversion and emphasises a hierarchy with values that benefit only a small portion of the overall workforce, contributing to organisation-wide imbalance. So how do we create more inclusive workplaces that can be leveraged as vehicles for change? (more…)

November 22, 2019

Over a third of workers already consider themselves entrepreneurs

by Neil Franklin • Business, News

Forty percent of workers already consider themselves entrepreneurs according to The Myers-Briggs Company research report, Type and entrepreneurship, which investigates the relationship between personality and entrepreneurship in the workplace. The research suggests that entrepreneurial businesses perform better financially, and thus, creating a work environment where employees of all personality types can embrace their entrepreneurial qualities is beneficial to businesses. (more…)

November 19, 2019

Performance management systems still a major drag for HR leaders

by Mark Eltringham • News, Workplace

Fewer than one-fifth of HR leaders believe that performance management is effective at achieving its primary objective, according to a report from Gartner (registration). Though companies have been prioritising performance management improvements for years, 81 percent of HR leaders are still making changes and experimenting with their organisation’s efforts, according to the report. Most efforts to fix the issues are centred on reducing effort with the survey claiming that two-thirds of HR leaders focused on making processes either easier or less time consuming. However, reducing the effort managers and employees must put into the systems has significant negative effects. (more…)

November 12, 2019

Uber Works may not be as good for workers as it is for businesses

by Shainaz Firfiray • Comment, Flexible working, Technology

Uber is still best known as a ride-hailing platform but it has been branching out into other industries. Food (Uber eats), electric scooters and bicycles (Jump), and now shift work with the launch of Uber Works. It is being trialled in Chicago, with plans to launch elsewhere soon, and enables casual workers such as cleaners, bar staff and warehouse workers to find work. (more…)

November 7, 2019

More active lifestyles would have far reaching economic impact

by Neil Franklin • News, Wellbeing

The results of a new academic study on the relationship between global economic growth and physical activity, carried out by Vitality and RAND Europe, reveal significant benefits to the economy and life expectancy if people adopted a more active lifestyle. The study suggests that the world’s GDP would gain more than $100bn (£80bn) each year until 2050 if people adopted a more active daily routine that could involve simple choices such as walking 15 minutes more a day, jogging slowly for half a mile a day, or walking 1,500 extra steps a day. (more…)

November 7, 2019

Real estate set to remain an attractive investment despite challenging environment

by Neil Franklin • Cities, News, Property

Europe’s property leaders continue to have faith in real estate as an attractive option for investments, despite a number of significant political and economic challenges, according to the latest Emerging Trends in Real Estate Europe 2020 report. With interest rates set to stay lower for longer and bond yields in many European countries in negative territory, real estate income retains its broad appeal to investors, especially in comparison to other asset classes. Equity and debt are expected to remain plentiful for most real estate sectors. The report, published annually by the Urban Land Institute (ULI) and PwC, is based on the opinions of over 900 real estate professionals across Europe, including investors, developers, lenders, and advisers. (more…)