Search Results for: salary

Higher productivity levels reported by staff with flexible hours

Higher productivity levels reported by staff with flexible hours 0

Personal productivity

Measuring productivity is hardly an exact science, but there are ways that individuals can analyse their working habits and come up with ways of improving their performance. According to research by Conference Genie we all have times where we’re very productive and others where we struggle to get any work done. The data gathered in the study of 2,000 UK employees who work from home or in an office, can be split into age, gender, region and industry sector and shows that over half of UK office/home workers say they sometimes waste time at work, and a further 15 percent say they often waste time at work. It seems that the older generation is most productive. Eighteen to 24 year old’s gave themselves the lowest productivity rating and 55+ the highest. And in a further indication of the benefits of agile working a third of those who gave themselves a productivity rating of 4/5 say that their employer offers them flexible hours.

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HR failing to inform European staff on implications of Brexit 0

The majority of non-British Europeans living in the UK don’t feel informed by HR about potential work policy changes caused by Brexit and nine out of ten are worried about what will happen should the referendum lead to an exit vote. The study of 1,000 Europeans by totaljobs also found that one in three (33 percent) would feel discriminated against if they were to look for a job in the UK in the current climate. Of those Europeans already living in the country, (87 percent) are worried about the potential impact of a Brexit vote, with half (49 percent) fearing for their job security and over a third (37 percent) for their personal lives. Worryingly for employers, nearly half (40 percent) of respondents said that the British decision to hold the Brexit referendum has negatively affected their opinion of the country and is forcing some (25 percent) to reconsider their career options outside of the UK.

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Graduates want meaningful work and a fully digitised workplace

Graduates want meaningful work and a fully digitised workplace 0

Millennials prefer digitised workplaceMillennials entering the workforce want employment that offers meaningful work, ongoing learning opportunities and a fun workplace culture. This is according to a new study by Accenture on the workforce of the future which reveals that new graduates are increasingly digital, embracing new technologies, both to find work and on the job. The fourth annual Accenture Strategy 2016 U.S. College Graduate Employment Study found that the majority (70 percent) would rather work at a company that provides an employee experience built on a positive social atmosphere and receive a lower salary – up 10 percent on last year’s graduating class. Almost all (92 percent) of 2016 graduates said it is important to be employed at a company that demonstrates social responsibility. They are also three times as likely to prefer to work for a small or medium-sized company (44 percent), versus a large company (14 percent), indicating their preference for a smaller team environment.

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Can building design presage the decline of the world’s tech giants?

Can building design presage the decline of the world’s tech giants?

google10cropAt the movies, buildings are often used to denote hubris. The ambitions and egos of Charles Foster Kane and Scarface are embodied in the pleasure domes and gilded cages they erect to themselves and their achievements. Of course, the day they move in is the day things invariably go badly wrong. In the real world too, monstrous edifices have often presaged a crash. The UK’s most ambitious and much talked about office building at the turn of the Millennium was British Airways’ Waterside, completed in 1998, just a year after Margaret Thatcher famously objected to the firm’s new modern tailfin designs by draping them with a hankie and three years before BA had to drop its ‘World’s Favourite Airline’ strapline because by then it was Lufthansa. Nowadays BA isn’t even the UK’s favourite airline, but Waterside remains a symbol of its era, albeit one that continues to influence the way we perceive building design.

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Recognition as well as reward is key to employee engagement

Recognition as well as reward is key to employee engagement 0

Employee motivationRecognition and appreciation may play a major part in driving employee engagement, but money continues to be a driving force in people feeling appreciated at work; according to a new survey of more than 1,000 US-based employees conducted by BambooHR. However, money isn’t everything as 1 in 5 employees would prefer to receive a promotion to a higher title without a 3 percent raise in salary, instead of a 3 percent raise in salary without a promotion to a higher title. The research also found that employees who consistently contribute to successful teams and have the most responsibility are looked at as being more successful (in the eyes of their peers) than those who make the most money. Yet many employees never get that recognition, as just 40 percent only getting positive recognition a few times a year (or less). Unsurprisingly, one out of four of those employees are unsatisfied with their job.

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Career satisfaction and work-life balance are top employee draws

Career satisfaction and work-life balance are top employee draws 0

CaptureAlthough a competitive salary, company perks and an exceptional office culture may seem enticing to the American workforce, a new study shows there are more important motivational factors. A survey conducted by Kelton Global for Cornerstone OnDemand reveals that career satisfaction and work-life balance are the top reasons American stay at their current jobs (38 percent combined), while nearly three in ten (29 percent) resign due to work overload and lack of healthy work-life balance. Employees said they’d make life-altering decisions and considerable sacrifices in order to find a sense of satisfaction, fulfillment and purpose in their careers. In fact, 89 percent of employees would consider making a lateral career move with no financial incentive for multiple reasons, including to start an entirely new career (41 percent) or take on a professional challenge (40 percent). Additionally, relocating to a different city, state or country is a desirable career move for 77 percent of employees. More →

CIPD reveals limited action by employers to address gender inequality

CIPD reveals limited action by employers to address gender inequality 0

Women in work index

According to a new survey by the CIPD to mark the close of the Government’s consultation on gender pay reporting regulations today, a minority of organisations currently conduct any gender pay analysis, and limited action is being taken by employers to address the causes of gender inequality. The survey of over 1,000 employers found just 28 percent of employers overall and 34 percent at larger organisations (those with 250 or more employees) say their organisation conducts any analysis of the pay of men and women. Among organisations that don’t currently analyse gender pay differentials, only 7 percent of large organisations plan to conduct any analysis of the pay of men and women in the next 12 months, with 47 percent saying they won’t and 46 percent responding that they don’t know. Employers are taking steps to equal opportunities however, such as improving flexible working opportunities available to staff.

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UK in bottom four of European countries for workplace benefits

UK in bottom four of European countries for workplace benefits 0

UK economySocial benefits for people in the workplace in Europe are generally far more generous than in the US, but the UK is in the bottom four overall taking into account factors such as maternity and paternity leave, general parental leave, paid holiday allowance, paid sick leave and unemployment benefits. Only the Swiss, the Irish and the Americans have a more frugal government policy. According to a report by Glassdoor of 14 key European neighbouring economies, conducted in cooperation with Llewellyn Consulting, the countries offering the most generous workplace and welfare benefits overall are Denmark, France and Spain. In terms of paid annual leave, Sweden, France and Denmark all offer 25 working days a year as minimum –the highest entitlement. The UK is bunched towards the bottom again with the likes of Italy, Greece, Germany, Portugal and Switzerland – all offering the minimum 20 days.

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Younger workers more engaged at work than middle aged staff

Younger workers more engaged at work than middle aged staff 0

Third of Millennials more engaged by contributing to company vision than a high salaryCompanies with stronger financial performances and better customer experience have employees who are considerably more engaged than their peers, a new survey by Temkin Group claims. The research also shows that out of all the industries, the construction sector has the highest percentage of engaged employees. Organisations with 501 to 1,000 employees have the highest percentage of engaged employees and companies with 10,000 or more employees have the lowest level of engagement. Employees who are highly educated, high-income earners, executives, male, and have very good bosses tend to be the most highly engaged. 63 percent of highly engaged employees always try their hardest at work, compared with 42 percent of disengaged employees. And for those who doubt the commitment of millennials – 25- to 34-year-old employees are the most engaged group, while 45- to 54-year-old employees are the least engaged.

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Government needs to play catch up with needs of the self-employed

Government needs to play catch up with needs of the self-employed 0

self employmentPoliticians and legislators are failing to keep pace with the changing nature of work and as a result many of the UK’s growing army of freelancers feel like second class citizens. That is the key finding of a new report commissioned by the Government and authored by entrepreneur Julie Deane. She claims that the Government should do more to bring the self-employed into line with legislation affecting the wider working population, including access to higher rates of parental leave and pay. The report sets out ten key recommendations, notably that the parental allowance should be brought into line with the rules for employees, who are paid a higher portion of their salary for the first six weeks of statutory maternity pay before the percentage drops. It also suggests that the education system should do more to prepare young people for a changing world of work and that more should be done to offer a choice of workplaces for the self-employed..

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Employers must meet productivity challenges of paying Living Wage

Employers must meet productivity challenges of paying Living Wage 0

ProductivityA quarter of private sector employees will be directly affected by the implementation of the new National Living Wage, (NLW) over double the proportion of public sector employees. The research, conducted by the Social Market Foundation in partnership with Adecco Group UK & Ireland, warns these employers will need to overcome significant productivity challenges in order to cope with the cost. The NLW cut-off at age 25 means businesses will be faced with potential discrepancies in wages across their younger workforce. While almost a fifth (18 percent) of employees who will benefit from the NLW are younger workers surprisingly, workers aged 50 or over will make up a third. Part-time workers make up around half of the workforce in severely affected workplaces. The research also found that the workplaces severely affected by new National Living Wage tend to have low-skilled employees and are much less likely to offer in-work training.

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Three quarters of Millennials will change jobs over the next five years

Three quarters of Millennials will change jobs over the next five years 0

Third of Millennials more engaged by contributing to company vision than a high salaryIt must be the time of year but we are suddenly awash with surveys and reports suggesting that pretty much everybody in the UK is about to change their jobs. Following our report earlier in the week that suggests older workers are perfectly prepared to just give up on work completely, it was inevitable that we were about to hear something from those pesky Millennials. Sure enough, along comes a report from Deloitte that suggests that nearly three quarters of Millennials plans to leave their jobs over the next five years. Millennials and their employers: Can this relationship be saved? found that the UK has a higher than average percentage of Millennials planning to change jobs in the next five years, with the average in developed economies standing at 61 percent. Worldwide, forty-four percent of Millennials say, if given the choice, they expect to leave their current employers in the next two years.

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