Search Results for: talent

Five sectors, one challenge: The importance of high staff morale

Five sectors, one challenge: The impact of high staff moraleEver since the 2008 recession, the economy has been in flux, affecting both small businesses and corporate giants. Yet, despite the uncertain economic climate, many start-up business ventures have not been phased by the challenges it brings. We recently conducted a survey to find out what the biggest challenges small businesses expected to face over the coming year. The survey revealed some interesting results, and led to the creation of five whitepapers suggesting some possible solutions as to how they might consider investing both their time and money to overcome these challenges. Across the five industries taking part in our survey (Health and Fitness, Finance, Technology, Retail and Travel), one of the most prominent challenges faced by SMEs was regarding staffing. Ultimately, each staffing issue related back to keeping employee morale high and, therefore, boosting productivity. More →

Older workers’ employment champion appointed to challenge age perceptions

Following the Government’s publication last month of Fuller Working Lives – A Framework For Action, which set out the benefits to individuals, business and the economy as a whole of people aged over 50 staying in work; economist, policy expert and consumer champion Dr Ros Altmann CBE has been appointed by the Government as its new Business Champion for Older Workers. Dr Altmann – a former director-general of Saga and independent expert on later life issues – will be tasked with making the case for older workers within the business community and challenging outdated perceptions. In the next 10 years, there will be 700,000 fewer people aged 16-49 in the UK labour market but 3.7m more people aged between 50 and state pension age. The Government believes employers need to harness the benefits of taking on older staff, as too many continue to believe they can rely solely on a young workforce. More →

6 Bevis Marks, the Gherkin’s new neighbour, is ready for tenants

6 Bevis marks ready for tenants6 Bevis Marks – next to the Gherkin in the City of London – has been completed, with the first two tenants expected to take occupation in August. The mixed use building comprises 160,000 sqft (14,864 sqm) of office and retail space over 15 floors, and has been developed in a joint venture between AXA Real Estate and BlackRock. Located close to Liverpool Street, where the new Crossrail station is due to open in 2018, the building features a rooftop garden square, a ground floor business lounge, full on-site cyclist facilities and a private landscaped courtyard with access to the public realm surrounding the Gherkin. The development also features a 26-screen media wall in the reception, which is being used to host the Vivid Digital arts programme – a commission of young filmmaking talent supported by the developer. The building is BREEAM Excellent rated, with a range of sustainability features. More →

First female President in RICS’ history will focus on diversity

RICS' first female president in 146-history to focus on diversityThe Royal Institution of Chartered Surveyors (RICS) has confirmed the first female President in the Institution’s 146 year history. New President of RICS Louise Brooke-Smith will give her inaugural speech today (1 July) during RICS’ Governing Council meeting in London. Alongside her presidency of RICS, Brooke-Smith will continue to be involved with the Birmingham based planning and development consultancy, Brooke Smith Planning. RICS accredits over 118,000 qualified professionals across the globe in land, real estate, construction and infrastructure. She succeeds outgoing RICS President, Michael Newey and during her year-long presidency, will focus on three core areas; diversity, Africa and her professional specialisms, planning and land economics. Commenting on her diversity plans for the year Louise Brooke-Smith, RICS President said: “Chartered Surveying is a globally recognised profession, and we must ensure that it is open to all, whatever their background, or gender. More →

Acas issues advice for employers as flexible working changes come into force

Acas issues advice for employers as flexible working changes come into force

New legislation that encourages flexible working practices comes into force today (30 June). From today, all employees who have worked for their employer for 26 weeks or more will have the right to ask if they can work flexibly. This right previously only applied to the parents with children under the age of 17 (or 18 if the child is disabled) and certain carers. To help guide employers through the process, workplace expert Acas has published a new Code of Practice and guidance on the right to request flexible working. The new Code and practical guidance is designed to help employers consider any requests in a reasonable manner and stay within the law. “Many employers recognise that they can retain talented staff by offering a flexible approach to work and a healthy work life balance can help business success and growth, said Acas Chair Brendan Barber. “Our new guide has practical examples to help businesses or employers manage flexible working requests in a reasonable way and avoid any pitfalls. More →

Physical workplace should provide an environment in which people can thrive

Physical workplace must provide an environment in which people can thriveIn these post-recession times, companies are investing heavily in their operations and the UK business community definitely has more of a spring in its step. Now, more than ever, it is important to have the right team on board and employers are now finding that their biggest challenge is how to attract and keep high quality personnel. It is becoming increasingly clear that an attractive salary package alone is simply not enough, even with benefits. More than ever before, workers are thinking about the quality of life which a job can provide and an intrinsic part of this is a working environment which will provide a sense of wellbeing. If companies are going to attract and retain the very best staff, they are going to have to think about how to provide this, because the physical workplace can be a powerful means of providing an environment in which people can thrive. Research has shown that there are six dimensions to be taken into consideration when striving to create a workspace which will provide a sense of wellbeing.

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Recruiters failing to adapt to increasing demand for flexible working

Recruiters failing to adapt to increasing demand for flexible workingContrary to the recent report by Robert Half, which found that larger firms use flexible working to attract staff, hiring managers are failing to keep pace with the growing trend for flexible work. According to research by the Timewise Foundation, two in every five full time workers want to work fewer hours or remotely, on top of the one in four workers already in part time jobs. Yet only a quarter of job advertisements mention flexible options. Following previous research which found that two in five people worry about asking their employers to allow them to work flexibly; new research amongst employers asked how receptive they were to job applications from candidates who need flexibility. The research found that while the vast majority (9 in 10) say they welcome questions about flexible working – candidates still face significant barriers when it comes to finding a brand new flexible job.

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Attitudes towards flexible working still at odds with needs of modern life, claims report

Flexible working fatherThere is still a stigma attached to flexible working and employers are still reluctant to offer it to staff, according to a survey of UK employees carried out by parenting website Netmums and charity the Family and Childcare Trust. According to a third of just under 1,800 respondents, there remains a degree of resentment from work colleagues towards those who  enjoy some form of flexible working. And, while, 80 percent of people think it is very important that employers offer flexible working to staff , a mere 15 percent feel it is offered in practice and another 20 percent have no idea whether it is available to them or not. The result is a mismatch between the desires and expectations of individuals and the reality of working life with the upshot that nearly a third (29 percent) of respondents claim to have left a job because they were unable to balance it with other aspects of their lives.

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England’s technology firms now employ more people than California’s, claims new report

technology firmsAs we reported last week, London and the South East of England remain the UK’s hotspots for new business start-ups and now new research claims that the region now has more people working in the vital technology and information sector than the capital of world tech, California. The report from South Mountain Economics and Bloomberg Philanthropies shows that there are nearly three quarters of a million people working for technology firms in London, the South East and East Anglia compared to 692,000 in California and that there are more firms working in financial technology in London than either Silicon Valley or New York. The report backs up new research from Oxford Economics, commissioned by the Mayor of London to coincide with London Technology Week, which claims that over the next decade, London’s digital tech sector is expected to grow at a rate of 5.1 per cent per annum, creating an additional £12 billion of economic activity and 46,000 new jobs, which in turn is driving change in the commercial property market. More →

Government plans encourage employers to appreciate older workers

Government plans encourage employers to appreciate older workersEmployers must recognise the potential of older workers and help them stay in the workplace. This is the message the Government will stress today at the launch of its new action plan. The new measures set out in Fuller Working Lives – A Framework For Action published today include; the appointment of a new Older Workers’ Employment Champion who will advocate the case for older workers within the business community and wider society; an extension of the right to request flexible working to all employees from the end of this month and the launch of a new Health and Work Service which the Government says will give workers with long-term health problems the support they need to stay in or return to work. Part of the Government’s aim is also to challenge outdated misconceptions and encourage more employers to consider the benefits of older workers.

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Deloitte increases flexible working rights to attract future female leaders

Deloitte increases flexible working rights to attract future female leadersAs employers prepare for new flexible working legislation, which comes into place at the end of this month; Deloitte UK has announced it is to allow its 12,000 employees more say in where, when and how they work. The firm has introduced a range of new and adapted, formal and informal agile working arrangements to incite a change in the day-to-day culture at the UK firm. Deloitte already offers all employees the right to request a formal flexible working arrangement; it will now also enable them to request a block of four weeks unpaid leave each year, without reason or justification. These arrangements support its wider measures that encourage a more agile workplace, including the introduction of collaborative and adaptable working spaces, an environment that supports open conversations about agile working and improvements to technology that make it feasible. More →

Money alone isn’t enough to attract and hold on to Gen Y employees

Gen YThe retention of Gen Y employees is key for all organisations. No organisation wants to invest in their next generation of management only to find that they leave, and someone new needs to be trained. But the 20-30 year old workers of Gen Y exhibit a new-found job mobility. Which makes for a ticking time-bomb of potential cost and disruption to their employers. The iOpener Institute has gathered and studied questionnaire responses from over 30,000 professionals across the world, gaining insights into how employers can retain their Gen Y talent. The research clearly shows that while pay and financial rewards are important to Gen Y (i.e. they are not prepared to be under-paid for their work), there is no significant correlation between increased levels of pay and greater talent retention.

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