Search Results for: talent

November 2, 2015

Women should sit on third of all FTSE boards by 2020, says Davies report ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

All FTSE 350 boards should have 33 percent female representation by 2020, a five year investigation of gender equality has concluded. The recommendations were made by Lord Davies in his final report on Women on Boards which began looking into the obstacles preventing many women from reaching senior positions back in February 2011. Earlier this year the UK’s FTSE 100 reached a milestone of 25 percent of board positions being filled by women – the target set by Lord Davies in 2011. Although there are more women on FTSE 350 boards than ever before, with representation of women more than doubling since 2011 – the latest report proposes a series of recommendations including the voluntary target of 33 percent representation of women on FSTE 350 boards, and the creation of an independent steering body to help create momentum to ensure a voluntary business-led approach is continued for a further five year period.

November 1, 2015

Firms use workplace improvements to invest in their human capital ⁰

by Neil Franklin • News, Workplace, Workplace design

A survey by CoreNet Global and Cushman & Wakefield claims that 88 percent of EMEA corporate real estate professionals are actively investing in workplace improvements, and 95 percent are addressing workplace technology as part of those upgrades. The results emphasise the importance of human capital, suggesting that factors such as office environment, flexible working and company culture continue to be seen as critical to attracting and retaining talent. The global Talent Agenda Survey, completed by 250 respondents, addresses how occupiers are managing their talent pool against an ever-changing and unpredictable business environment. The survey focused on categories such as the cost of human capital and its value; the key challenges relating to talent access, assembly and retention and the critical role that real estate plays in workplace innovation, efficiency and talent retention.

October 16, 2015

Sydney leads the way in activity-based working finds global cities report ⁰

by Sara Bean • Facilities management, Flexible working, News, Workplace, Workplace design

If employers want to attract the best, they need to create spaces where their staff want to work, because providing an inspiring and enjoyable office is now the most critical, cost-effective way to successfully attract the world’s most talented employees. Knight Frank’s Global Cities: The 2016 Report highlights a shift in thinking by the newest generation of workers who expect the same kind of environment which historically, was the preserve of technology and media firms. This new office combines collaborative spaces with individual work areas, as well as providing amenities that encourage people to think of work as an extension of home. Sydney is leading the way with just under a third (28 percent) of all offices already offering activity-based working (ABW) for employees, where the workspace is specifically designed to suit the whole range of activities which will be accommodated.

October 7, 2015

Millennial workers value variety over job security and tenure ⁰

by Sara Bean • Flexible working, News, Workplace

Employers may continuously be looking at ways to engage staff to ensure they still loyal to the organisation, but according to new research it seems they needn’t bother. Over one third (37 percent) of US workers — regardless of their satisfaction level — are seriously considering leaving their organizations, up from 33 percent of the workforce who were considering leaving in 2011. According to Mercer’s latest Inside Employees’ Mind research, which surveyed 3,000 people representing a complete cross-section of the US workforce, nearly one out of two employees who said they are very satisfied with their organizations and their jobs (45 percent and 42 percent, respectively) are still looking to leave. And perhaps unsurprisingly, it’s the Millennial workers who seem to value accelerated career paths and diversity (in the workplace and the work itself) over job security and tenure.

October 6, 2015

Colleagues more positive towards older workers than employers ⁰

by Sara Bean • Legal news, News, Workplace

While the majority of UK professionals believe older workers make a valuable contribution to UK businesses, many struggle to find new employment, a report has found. The study from CV-Library found that 92.2 percent of workers believe older workers make a valuable contribution to UK businesses, 76.6 percent of staff believe that older workers bring years of experience and knowledge to an organisation that can’t be found in a younger worker and 92.7 percent of workers believe the mature staff should still be able to excel in the workplace. Yet although they received an overwhelming sense of respect from the UK workforce, it seems that the same regard for older workers is not echoed by employers. When asked to explain key issues on age in relation to work, seeking new employment was the most common concern, with almost half (46 percent) of 55-64 year olds considering age to be a hindrance.

October 1, 2015

US sees biggest jump in working from home since 2008, claims study ⁰

by Neil Franklin • Flexible working, Knowledge, News, Wellbeing

According to an analysis of the just-released 2014 American Community Survey (ACS) conducted by GlobalWorkplaceAnalytics.com, approximately 3.7 million US employees (2.5 percent of the workforce) called home their primary place of work in 2014. This represents a 6.5 percent increase and the largest year over year growth in the number of people working from home since before the recession. The ACS data is based on a nationwide survey of answers to the question “What was your primary means of travel to work during the survey week—’Worked at Home’ is one of the choices. The count only includes those who work at home at least half of the time. According to Global Workplace Analytics far more people work at home on a less frequent basis and many work in “third places” such as coffee shops, co-working facilities, libraries, and just about anywhere there’s an internet connection.

October 1, 2015

Employers plan to woo returning mothers with flexible working ⁰

by Sara Bean • Flexible working, News, Workplace

A fifth of UK businesses are planning to hire more returning mothers than they did a year ago, and are offering flexible working to attract them. New research from Regus claims returning mothers are valued by businesses because of their experience and skills, as well as reliability and time management. They are seen as less likely to change jobs, saving firms the cost of recruitment and re-training. Because the contrasting demands of motherhood and work are one of the main reasons women don’t return to work, respondents emphasised the important role flexible working plays in attracting female talent; with 81 percent believing that flexible working is key to attracting and retaining women. These workers are also valued for their experience and skills according to 73 percent of respondents and are seen as more reliable (24 percent) and organised (29 percent) than other staff.

September 30, 2015

Case studies illustrate key role of HR in transformational change ⁰

by Sara Bean • Facilities management, News, Workplace, Workplace design

A growing understanding of the importance of breaking down silos between workplace disciplines has resulted in initiatives such as the launch of the Workplace Conversation. Now a new report from the CIPD and the University of Bath, features four change management case studies that demonstrate what can be achieved when HR becoming an integral part of the team responsible for designing and implementing all the processes required during periods of transformational change. The report, Landing transformational change: Closing the gap between theory and practice features BBC Worldwide, HMRC, News UK and Zurich UK Life and reveal that in all these cases, the HR function was most successful when it facilitated action, enabling managers to inject their own customisation to suit the needs of their divisions, rather than adopting a more centralised approach to implementing change.

September 24, 2015

Colleagues more likely than managers to make people feel engaged at work ⁰

by Neil Franklin • Knowledge, News, Workplace

A new report from Oracle claims that the people most likely to make employees feel engaged at work are their peers rather than their managers. The study, Simply Talent, also suggests that employees think their employer’s HR function is least likely to have a positive impact on their engagement levels. The study, which sets out to understand the drivers and benefits of employee engagement in Europe, polled 1,511 employees at large European businesses. The survey claims that 42 percent of employees across Europe believe that their peers have the most positive impact on how engaged they feel at work, well ahead of line managers (21 percent) and business unit managers (7 percent) and HR (3 percent) Conversely, when it comes to negatively affecting engagement, employees believe the senior leadership team (19 percent) and line managers (11 percent) are the most responsible.

September 23, 2015

Commission welcomes appointment of new diversity champions ⁰

by Sara Bean • News, Public Sector, Workplace

The Equality and Human Rights Commission has welcomed the announcement of four new Whitehall diversity champions to help the Civil Service become more representative of modern Britain. In a National Audit Office report earlier this year, the NAO said that although Whitehall had made some progress on promoting diversity, it needed to place greater emphasis on departments’ valuing and maximising the contribution of every member of their staff. The report by the watchdog also concluded that the Cabinet Office was not using the data it holds on staff to manage workforce changes and hold departments to account. The new advisers, who include Paralympic swimming hero Chris Holmes, Director of Paralympic Integration for London 2012, will work to challenge policies and advise ministers and Civil Service leaders on increasing the numbers of people in the workforce from under-represented groups.

September 22, 2015

The worldwide demographic timebomb is transforming the workplace ⁰

by Mark Eltringham • Flexible working, News, Wellbeing, Workplace

There are a number of reasons why we shouldn’t be drawn into blindly accepting the narrative about Generation Y’s impact on the workplace. It seems the most important is also the least talked about. It is that the workforce is actually ageing in the world’s leading economies. While it may be true that 27 is middle -aged for employees at technology companies, for pretty much everybody else, shifting demographics, longer lives, improving health, falling pensions and changing personal preferences are likely to mean they stay in the workforce for longer. This is true in both the UK and US, where Millennials may make up the largest demographic grouping in the workplace but are still in a minority within an increasingly diverse workforce. The dynamics of these changes are playing out in different ways in different countries, but the forces are essentially universal.

September 22, 2015

Top employers for working families praised for flexible approach ⁰

by Sara Bean • Flexible working, Legal news, News, Workplace

The financial sector is well represented in this year’s annual list of Top Employers for Working Families as announced by charity Working Families. American Express, Barclays Bank, Citibank, Deloitte and Lloyds all made the list, while just two public sector organisations Ministry of Justice and Southdown Housing Association were in the top ten. Employers with up to 250 employees that reached the Small Employer’s Benchmark – ranged from law firm Sacker & Partners LLP to Bristol Students’ Union. To enter the awards, which are sponsored by Computershare, organisations must complete a benchmark survey which examines in detail their flexible and family friendly working policies and practices. As flexible working becomes embedded in more organisations, Working Families is calling on employers to ‘adopt a ‘flexible by default’ approach, to continue the rise in flexible working and help everyone to achieve a work life balance that works for them.’