Search Results for: talent

June 13, 2013

Gender equality and senior roles where are we now?

Gender equality at senior management and Board level has been and is likely to remain an area of contention. According to recent research by analysts BoardEx into gender inequality in Britain’s top 100 private companies, 73 per cent of companies still have all male teams of executive directors, 51 per cent have only male non-executive directors and there are still 56 per cent of all male Boards. At the end of May a new National Equality Standard was launched by the CBI and the Equality and Human Rights Commission in response to the continued concerns about the issue, which some EU members have argued requires the imposition of mandatory board quotas.

June 4, 2013

Time to apply flexible working to harness women’s untapped potential

by Sara Bean • Facilities management, Knowledge, News, Public Sector, Workplace

Encouraging flexible working and understanding how best to support working parents in the second stage of their career is just one of the findings of a major report published today by the Women’s Business Council (WBC) on improving women’s contribution to economic growth. The WBC, which is chaired by Ruby McGregor Smith CBE, chief executive of MITIE, is an independent working group established by the government in 2012 to explore the untapped potential of the female workforce. Maximising women’s contribution to future economic growth looks into addressing the obstacles at all stages of women’s careers, such as broadening career choices, helping to access childcare and providing the necessary skills to start new businesses. More →

June 4, 2013

Generation Y workers take most pride in the workplace, poll finds

by Sara Bean • Knowledge, News, Workplace

Over half (58.1 per cent) of UK workers are proud to work for their current organisation, and younger workers feel the most pride, according to a new poll. The latest in a bewildering series of contradictory stats on Generation Y – finds that over three fifths (64.1 per cent) of employees aged between 16-24 say they are proud of working for their current employer. But the research by recruiter hyphen suggests that while pride is high, managers may not be directly responsible for the rise. Just six out of 10 (62.8 per cent) workers believe their organisation seeks their opinion, listens and respects their views, dropping from over three quarters (77.9 per cent) in January 2013.

May 28, 2013

Three quarters of London investment banks set to trim corporate real estate

by Mark Eltringham • Knowledge, News, Property

According to a new report from CBRE, nearly three quarters (72 percent) of investment banks based in London are looking to cut their corporate real estate portfolios over the next two years as they adjust to a changing global market for their services as well as structural changes in the UK’s regulatory framework. As well as trimming London based properties, the report says that banks will continue to relocate functions to the UK regions in an effort to reduce costs. Since the low point of 2009, rents in the City of London have increased from £42.50 per sq ft to about £55 per sq ft. The survey also found that just over a third (34 percent) of banks expect to see cuts as a result of mergers and acquisitions in the sector.

May 23, 2013

UK employee engagement and productivity lags behind most of world

by Sara Bean • Knowledge, News, Workplace

You might regard the concept of employee engagement as just a new way to describe industrial relations, but there is a growing body of research that UK employers need to do more to keep their employees on side. According to the latest missive, low employee engagement and lagging productivity is the greatest employment challenge facing UK business in 2013. Global research by Right Management found that this was the key concern for one in three (31 per cent ) employers compared to a global average of just one in five (21 per cent ) HR professionals, suggesting that after years of economic uncertainty and doing ‘more with less’, the UK workforce has reached a productivity impasse. More →

May 13, 2013

Employment rates set to grow but applicants must battle for jobs

by Sara Bean • Knowledge, News, Workplace

Employment growth is set to continue in the second quarter of this year, but the jobs market remains a ‘battleground’, particularly for low-skilled workers. According to the Spring 2013 Chartered Institute of Personnel and Development (CIPD)/Success Factors Labour Market Outlook (LMO), the net employment balance – which measures the difference between the proportion of employers who expect to increase staffing levels and those who intend to reduce staffing levels, has increased to +9 from +5 for the previous quarter, the fifth consecutive quarter of projected growth. However, the median number of applicants employers receive for medium-skilled roles is 29, highly-skilled vacancies typically receive 10 applicants and pay rates continue to be squeezed.

May 9, 2013

Large organisations are unprepared for new generation of executives

by Mark Eltringham • Knowledge, News, Workplace

It’s not just Manchester United who need to worry about the succession process following the departure of an aging white male. According to a new report from Cass Business School and recruitment consultants Ogders Berndtson, firms are largely unprepared for the changes in business practice that will come as their babyboomer executives are supplanted by their Generation X and Y descendants. The report – After The Baby Boomers – argues that over half of organisations are unprepared for the changes. The report interviewed executives from 100 large organisations, making it most relevant for the sorts of blue-chip firms who are led primarily by 50-something accountants in the first place.

April 29, 2013

Lack of skills hampering business growth say UK CEOs

by Sara Bean • News, Property, Workplace

Nearly two thirds (65 per cent) of UK employers say a lack of key skills is hampering their growth prospects – with construction, mining, engineering and energy companies reporting the most chronic shortage of skilled employees. Yet, according to a PwC global survey, while three out of four UK CEOs said creating a skilled workforce should be the Government’s highest priority only a third intended to do anything about it for the coming year. Instead, they see it as a longer-term goal; with 70 per cent of respondents saying they plan to increase investment in their workforce over the next three years. More →

April 29, 2013

Extensive new research launched into leadership in FM

by Sara Bean • Facilities management, Knowledge, Legal news, News

A new research initiative, focusing on leadership has been launched by Workplace Law, the key findings of which will be presented at ThinkFM 2013, taking place on Monday 10 June at the Royal College of Physicians in London. The theme of the conference this year is ‘The Leadership Challenge: Raising our game, making our case, realising our value’, and Workplace Law’s survey aims to draw the opinions of facilities management clients and service providers across the UK. It covers a range of issues, including talent in FM, sustainability, leadership in health and safety, plus looking at how leadership and performance management in FM can really add value to an organisation. More →

April 26, 2013

Corporate culture of presenteeism leads to inequality

by Sara Bean • News, Workplace

Over half (60 per cent) of senior executives say their productivity would be increased if their organisations played a more active role in helping them balance their work and non-work lives; the majority by 10 to 25 per cent. The research by the Inspire board network and executive search firm Harvey Nash also reveals that male dominated corporate cultures are the biggest barrier to women reaching the board, with over half (52 per cent) believing that today’s corporate cultures which celebrate presenteeism, dramatically reduce the length of time women are prepared stay and develop their career with their employer. More →

April 22, 2013

Global dissatisfaction with work life balance on the rise

by Sara Bean • Knowledge, News, Workplace

More than one in four employees (27 per cent) at organizations that are not perceived to support work-life balance plan to leave their companies within the next two years, according to new research from Hay Group. At the same time, work-life balance concerns across the globe are on the rise, with 39 per cent of employees indicating that they did not have a “good balance” between work and personal life, compared to only 32 per cent who reported the same in 2011. “Organizations across the globe continue to ask their employees to ‘do more with less’, leading to increasing dissatisfaction with work-life balance,” said Mark Royal, senior principal at Hay Group Insight.

April 19, 2013

Flexibility not finance motivates Generation Y workers

by Sara Bean • Knowledge, News, Workplace

Millennial or Generation Y workers are not the bunch of entitled youths we’ve been led to believe. Those born between 1980 and 1995 say they would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards. PwC’s NexGen survey reveals that millennials view work as a thing rather than a place that requires a traditional nine to five routine, so are more likely to stay in a job if they feel supported and appreciated, are part of a cohesive team and have greater flexibility over where and how much they work. This contrasts with the non-millennial generation, who place greater importance on pay and development opportunities.