Search Results for: skills

MPs back plan to increase gender diversity in business

MPs back plan to increase gender diversity in business

MPs back new measure to increase gender diversity in business

A majority of MPs have backed a recommendation to increase gender diversity in business by extending the “Women in Finance Charter” to cover all businesses in the UK. The recommendation comes from the professional accountancy body AAT (Association of Accounting Technicians). The Charter asks financial services firms to commit to implement four key industry actions; to have a named senior executive responsible and accountable for gender diversity and inclusion; set internal targets for gender diversity in senior management positions; publish progress annually and ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity. (more…)

Government and employers unite to kick-start stalled flexible working 

Government and employers unite to kick-start stalled flexible working 

The Flexible Working Task Force, a partnership across government departments, business groups, trade unions and charities, has today launched a campaign to increase the uptake of flexible working.  Members of the task force are collectively using their ability to reach and influence hundreds of thousands of employers to encourage them to advertise jobs as flexible by using the strapline Happy to Talk Flexible Working in their job advertisements, regardless of level or pay grade.

(more…)

Good managers shown to play a crucial role in enhancing worker performance

Good managers shown to play a crucial role in enhancing worker performance

Good managers play a crucial role in enhancing workers' performance

Employers make extensive investments in their employees; investing in hiring and retaining workers that match the firm’s needs. Now new research summarized by Kathryn Shaw, Stanford University, USA suggests that the hiring and training of good bosses may carry even more weight when it comes to workers’ performance. The study in the new IZA World of Labor Report shows a good boss can enhance the performance of their employees and can lower the quit rate. Good bosses have some universal traits: they coach and teach and offer insight into the strategy of the firm. According to Shaw economists are increasingly finding better data to measure the effects of bosses on workers’ performance, as well as the sources of these effects. A recent study of workers in a large firm that performs technology-based service (TBS) jobs found that the move from an average quality boss to one in the 90th percentile raised worker productivity by six units per hour, on a mean productivity of ten units per hour. Thus, when workers move from an average boss to a high-quality boss, productivity could rise by 50 percent. The study also showed that workers were more likely to quit when faced with bad bosses.

(more…)

Firms and their workers need to adapt more quickly to changing world of work

Firms and their workers need to adapt more quickly to changing world of work

Governments need to do more to help workers and firms adapt to the fast-changing world of work and drive inclusive growth, according to the new OECD Jobs Strategy. New evidence in the report claims that countries that promote job quantity, quality and inclusiveness – such as Denmark, Iceland, Norway and Sweden – perform better than those which focus predominantly on market flexibility. While flexibility and adaptability are essential to stimulate the creation of high-quality jobs in an ever more dynamic environment, the gains and costs need to be fairly shared between businesses and workers, according to the OECD.

(more…)

World Bank report calls for changing approach to working cultures

World Bank report calls for changing approach to working cultures

A new report from the World Bank has call for more investment in people to prepare them for the economies of the future. The 2019 World Development report (WDR) “The Changing Nature of Work” claims that digital technologies are driving the demand for advanced cognitive skills, socio-behavioral skills, and adaptability in labour markets. The digital economy also presents an opportunity to create more jobs.

(more…)

Post Brexit high skill workforce migration plans to be unveiled today

Post Brexit high skill workforce migration plans to be unveiled today

Britain’s interior minister Sajid Javid is set to publish plans today for a post Brexit immigration system that would bring net migration to the UK down to “sustainable levels” in a phased approach starting in 2021. The UK Government will announce details of the new system to mark the end of free movement from other European Union countries in an immigration white paper. The plans will include a new visa route for skilled workers and no cap for high-skilled professions.

(more…)

Government’s new workplace reforms: the world responds

Government’s new workplace reforms: the world responds

The UK government has introduced what it claims to be the most significant package of workplace reforms for 20 years in response to last year’s Taylor Report on working practices. The Good Work Plan has introduced a range of measures which the Government claims will improve the rights of agency and part time workers and discourage employers from indulging in unwelcome practices.  The reforms are intended to stop businesses opting out of equal pay arrangements for agency employees and improve the conditions for gig economy workers generally, for example by giving workers details of their rights from the first day in a job, such as eligibility for sick leave, pay levels, maternity and paternity leave.

(more…)

Meatspace, cyberspace, the uncertainty of expertise and some other stuff

Meatspace, cyberspace, the uncertainty of expertise and some other stuff

The sign that somebody knows their stuff about a subject is often that whatever they say about it is full of questions, equivocations and caveats. They’ll often start out by saying things are complicated in mitigation of their opinion on a particular topic. They’ll say there are no silver bullets. It’s almost always neophytes, chancers and the conflicted that offer certainty. To prove my point here is David D’Souza of the CIPD making a point about the tendency to look for pat, narrow solutions to complex, broad challenges. Not only does he have something interesting to say, you know that he has the depth and breadth of knowledge to expand on each of the points he makes with yet more sophistication. It’s fractal thinking.

(more…)

Don’t be a turkey, get on the commercial property gravy train

Don’t be a turkey, get on the commercial property gravy train

Last week, the RICS Commercial Property conference tackled the biggest issues impacting the built environment sector, arming delegates with fragments of the formula for future success. The morning CEO Question Time panel put a trio of CEOs in the spotlight. In addition to airing concerns about the current political climate, rapidly shifting societal attitudes, diversity and inclusion, the ageing population coupled with the ongoing housing shortage, climate change and the complexities involved in exploring new business models to drive and diversify revenue, they all zoomed in on the accelerated pace of change we’re witnessing, crowning it the key challenge for today’s C-suite.

(more…)

Lack of understanding continues to compromise employee wellbeing

Lack of understanding continues to compromise employee wellbeing

Employee wellbeing is being compromised by a lack of understanding of how to implement effective programmes, claims research from the British Safety Council. According to the study, the main reasons for this situation are the difficulties of defining wellbeing, selecting the best tools for assessing programmes and measuring the cost-effectiveness of these interventions. Inadequate people skills of many line managers and low priority given by them to employee wellbeing are also important factors. Responding to these challenges, the British Safety Council has published the report Not just free fruit: wellbeing at work (registration required). (more…)

Generations differ on what makes them happy at work but agree on flexibility

Generations differ on what makes them happy at work but agree on flexibility

Generations differ on what makes them happy at work but all want more flexibilityA new survey into happiness at work suggests it is viewed differently according to age. Baby boomers: aspire to have job security and think careers are defined by employers. Gen X: aspire to have a work-life balance and although are loyal to a profession will not necessarily stick with the same employer. Millennials or Gen Y aspire to have freedom and flexibility and are digital entrepreneurs while Gen Z aspire to have security and stability. The report by Instant Offices’ considered what is important to each age group, and how employers approach the age gap. It found that eight in 10 millennials look for a manager to act as a mentor or coach; Baby boomers want a boss to be ethical, fair and consistent, while 61 percent of Generation X, and 55 percent of millennials, think team consensus is important. (more…)

Accelerating rate of digital tech and smart buildings to transform the built environment

Accelerating rate of digital tech and smart buildings to transform the built environment

Accelerating rate of technological change will have big impact on built environmentTechnology is in the process of transforming almost every aspect of society, with change happening at an “accelerating rate,” and this is being made possible due of simultaneous rapid advances in several key areas of technology. This is according to a new White Paper on ‘Megatrends: Smart Building Technology’ from BSRIA (registration required) that predicts this will have a huge impact on construction and building services; from the way buildings are constructed to how they are managed and interact with occupants. (more…)