June 1, 2023

Resenteeism. Destructive, contagious and in your workplace right now

by Stephanie Fitzgerald • Comment, SF, Wellbeing, Workplace

You measure absenteeism. You are aware of presenteeism. But what are you doing about the new kid on the block – resenteeism? This occurs when employees stay in a job despite being fundamentally unhappy. They don’t want to be at work and when they are there, they actively resent it. Increasingly employees are fed up, across varying sectors, and showing some common threads or ‘symptoms’ of resenteeism. One of the most noticeable, and frustrating for employers, is employees resenting being asked to do their job. More →

May 30, 2023

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

by Neil Franklin • News, Workplace

Over the past year, 55 percent of working adults have either started a new job or are looking for one, according to a report [registration] published by insurance firm YuLife. The poll suggests that a further 35 percent of working adults say it is likely they will consider changing jobs within the next year. The report claims that these findings suggest that the so-called Great Resignation may be far from over. The report also claims that high levels of stress characterize the modern workplace, and businesses which proactively address employees’ concerns around stress and invest in their wellbeing benefit from reduced churn and turnover. More →

May 17, 2023

Workload and personal appearance now main sources of workplace anxiety

by Neil Franklin • News, Wellbeing

A new poll from The Adaptavist Group claims that three-quarters of UK office workers now say they experience workplace anxiety, with a little over one-quarter saying it happens often to almost all the time. This is a significant shift from just nine months ago when only 38 percent of respondents in Adaptavist’s Reinventing Work study said they suffered from anxiety upon returning to work. More →

May 12, 2023

Half of gig workers earn below the minimum wage

by Neil Franklin • Flexible working, News, Workplace

As the cost of living continues to spiral, a new report shows more than half of gig economy workers in the UK are paid below the minimum wage. The study, led by the University of Bristol, found 52 percent of gig workers doing jobs ranging from data entry to food delivery were earning below the minimum wage. On average respondents were earning £8.97 per hour – around 15 percent below the current UK minimum wage, which rose to £10.42 this month. More than three-quarters (76 percent) of survey respondents also experienced work-related insecurity and anxiety. More →

May 9, 2023

Three quarters of small business owners say overwork leads to strife at home

by Neil Franklin • News, Wellbeing

A new poll from Sky Business claims that whilst 67 percent of SME owners and decision makers would recommend someone should start their own business, more than half (54 percent) have found running their own business more stressful since the threat of impending recession in the middle of 2022. And one of the consequences of overwork for SME owners is a tendency for stress to spill over into other parts of their lives. More →

May 3, 2023

Poor management to blame for low performance and poor mental health of workers

by Neil Franklin • News, Wellbeing, Workplace

A new report from the CIPD suggests that there is a direct link between poor management and negative mental health, job satisfaction and performance amongst workers. In response, the CIPD is highlighting the need for better people manager selection and development to ensure managers have the skills needed to effectively lead and support their teams. Its report, The importance of people management, draws on data from the CIPD’s annual Good Work Index, which asked employees to rate their managers on a range of people management behaviours. More →

April 4, 2023

Flexible working is the new “work-life currency”, claims new report

by Neil Franklin • Flexible working, News, Technology

A new report, Future of Work Life, from Ericsson Consumer & IndustryLab explores the ways in which employees and employers navigate the current work environment and their views on the future of work shaped by the pandemic, digitalisation and the fluctuating labour market. Almost half (48 percent) of the employees in the study say that they enjoy increased flexibility at work. 52 percent consider flexible work hours or locations as key requirements, and 25 percent say that flexibility is the top priority if they would start to look for a new job. Doing work rather than going to work is seen as central in this new way of thinking about work life. More →

March 28, 2023

MIPIM 2023 confirms that green sells. But is commercial real estate buying?

by Anna King • Comment, Environment, Property

MIPIM may have returned last year, but 2023 was the year it felt back. That was despite widespread concerns over the rising costs of refinancing and a banking crisis that started with the collapse of Silicon Valley Bank in the US and quickly moved to Europe, with Swiss financial regulators beginning to put together during MIPIM week the deal that would see UBS buy Credit Suisse in an emergency rescue. More →

March 24, 2023

Company culture is one of the hardest but most valuable things to get right after a merger

by Siobhan Byrnes • Business, Comment

Like never before, 2021 saw record-breaking levels of mergers and acquisitions (M&A) activity globally, a trend that continued into 2022 until a challenging macroeconomic landscape resulted in a sharp decline in activity. This was mainly because businesses waited to see what the coming months would bring. Whilst experts believe that M&A activity won’t return to levels seen in 2021, they do expect an increase as markets adapt, recover, and look for ways to increase profit. And that has major consequences for company culture, which is so important to get right in the mergers and acquisition process. More →

March 22, 2023

Half of people in the UK say they feel ‘overworked’

by Neil Franklin • Flexible working, News, Wellbeing

More than half (53 percent) of employees in the UK ay they feel overworked, citing factors like reaching their maximum capacity, being spread too thin, or stressing over the threat of additional work – according to a poll from Censuswide, commissioned by Visier. The survey of around 1,000 people claims that young professionals aged 25-34 say they feel most overworked, followed closely by those aged 55+. Four in ten (40 percent) employees polled would look for a new job with a better work-life balance if they felt overworked. More →

March 15, 2023

The UK workplace sector reacts to the Spring Budget 2023

by Jayne Smith • Environment, News, Property, Workplace

Today the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

March 15, 2023

Build a healthy workplace culture at The Workplace Event

by Freddie Steele • Company news, Events

Workplace culture and environment play a significant role in the health and wellbeing of employees, and it has become increasingly important for businesses to build a positive and healthy work environment. This year The Workplace Event is launching a highly focused content theatre – The Knowledge Hub // Culture and Health & Wellbeing. Featuring leading experts, industry professionals, and thought leaders, it will provide a platform for the discussion of topics ranging from mental health and stress management to workplace diversity and employee engagement and more. Learn about strategies and tools that are driving positive workplace cultures and promoting employee well-being to improve organisational performance. Don’t let the opportunity to build a healthy and positive workplace culture pass you by. Register for your FREE pass to The Workplace Event today.