Search Results for: talent

Growing concerns about staff wellbeing will transform real estate over coming years, claims study

Growing concerns about staff wellbeing will transform real estate over coming years, claims study

by • News, Property, Wellbeing, Workplace design

The UK commercial property market will be transformed over the next few years as a growing number of firms use their workplaces to address the physical and mental wellbeing of staff, claims a new report from law firm CMS. The report, Smart Healthy Agile, is based around the findings of a survey of 1,000 office workers and 350 real estate firms. It claims that the most common problems associated with office life and sedentary lifestyles, such as weight gain, stress, depression and musculoskeletal disorders are encouraging employers to adopt a different approach to working culture and office design.

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Global insurance sector workers call for workplace culture modernisation

by • News, Workplace

New research from Dive In, a festival for diversity and inclusion in the insurance sector, claims that almost three-quarters (71 percent) of insurance professionals surveyed believe that the culture in their firm needs to change. The survey of over 2,800 festival attendees, suggests that in order to attract and retain the best talent for the market, firms need to become more inclusive. Close to two thirds of the insurance industry believe that their firm should do more to advance diversity and inclusion in gender, LGBT and mental health.

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An inability to develop skills at all ages leaves people unprepared for the future of work

An inability to develop skills at all ages leaves people unprepared for the future of work

by • News, Workplace

Efforts to fully realise people’s economic potential in countries at all stages of development are falling short due to ineffective deployment of skills throughout the workforce, development of skills appropriate for the future of work and adequate promotion of ongoing learning for those already in employment. These failures to translate investment in education during the formative years into opportunities for higher-quality work during the working lifetime contributes to income inequality by blocking the two pathways to social inclusion, education and work, according to the World Economic Forum’s Human Capital Report 2017. The report measures 130 countries against four key areas of human capital development; Capacity, largely determined by past investment in formal education; Deployment, the application and accumulation of skills through work; Development, the formal education of the next generation workforce and continued upskilling and reskilling of existing workers; and Know-how, the breadth and depth of specialised skills-use at work. Countries’ performance is also measured across five distinct age groups or generations: 0-14 years; 15-24 years; 25-54 years; 55-64 years; and 65 years and over.

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Shocking level of dissatisfaction amongst workplace occupants, finds Leesman

by • Facilities management, News, Wellbeing, Workplace design

There is a shocking level of dissatisfaction among the workforce according to a new global report from Leesman, which looks at how a poorly planned workplace can have a negative impact on employees, and inhibit their ability to perform. The findings show that while employers continue to face economic uncertainty, many of their employees are having to endure workplaces that fail to support their basic working day, obstructing their ability to positively contribute to business success.  ‘The Next 250k’, a global report based on the evaluation results from more than 250,000 employees across 2,200+ workplaces in 67 countries found that 43 percent of employees globally do not agree that their workplace enables them to work productively. In the UK, that figure jumps to 46 percent. Therefore, in line with ONS employment figures, for over 1.3 million UK workers, the office is simply not good enough.

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Brexit having a significant impact on London firms, but tech and media sectors growing

Brexit having a significant impact on London firms, but tech and media sectors growing

by • Cities, Facilities management, News, Workplace

With the overwhelming majority of London businesses employing staff from the EU (88 percent), Brexit is having a significant impact on the capital’s companies, according to the latest CBI/CBRE London Business Survey. Just under three quarters of firms (73 percent) view uncertainty over the UK’s role in Europe as their top concern, whilst a similar number (69 percent) have developed, or are developing, a contingency plan for when the UK leaves the EU. Indeed, over a quarter of respondents (27 percent) indicated they are planning to move part of their operations overseas. Close to two thirds (62 percent) have, or are developing, a strategy to address skill shortages that could be incurred if restrictions are placed on EU nationals working in the UK. However, two thirds of the 271 respondents to the Survey (65 percent) said that the tech and creative sectors were the principal sectors for the capital’s economic growth over the next five years, followed by professional services (49 percent) and FinTech (47 percent).

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Employers unable to meet growing demand for flexible working, claims study

by • Flexible working, News

A growing number of employees are frustrated in their attempts to adopt flexible working by the inability of employers to offer it, a new study claims. Based on the survey of 3,001 British employees, recruitment firm Timewise and consultancy EY claims that fewer than a tenth of jobs offering more than £20,000 per year pro rata are advertised with a flexible working option. This puts employers at a disadvantage because around two fifths of people claim they would prefer some form of flexible working, according to the report Flexible Working: A Talent Imperative.

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The mega trends that continue to reshape the workplace around the world

The mega trends that continue to reshape the workplace around the world

by • Events, Features, Property, Technology, Workplace design

Last week, over 600 workplace and property experts met in London at the CoreNet Global Summit 2017 to discuss some of the most important trends affecting the sector. The debates underlined one important fact about property and workplaces, which is how they are shaped by major, globalised events as much as they are local needs and the objectives of specific organisations. This quickly became evident on day one, which demonstrated how dramatic shifts in the geopolitical landscape, all of which are impacting corporate real estate – from America First to Brexit – remain key talking points for the industry. Opening speaker Linda Yueh (University of Oxford and London Business School) explored several possible scenarios, including how the focus of ‘Trumpism’ would have a significant effect on the U.S. role on the world stage, with the priority on the domestic economy leaving little scope for global trade. She also predicted that a ‘hard Brexit’, with no new trade deal with the EU, will be the most likely outcome for the UK’s withdrawal process; and that businesses will need to focus on alternative WTO rules as an urgent priority. Other impacting factors covered by Yueh included the rise of a dominant global middle class, and China’s need to rebalance its economic growth drivers.
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Ethnic minority leaders believe institutional prejudice still rife in UK workforce

by • Legal news, News, Workplace

The majority (82 percent) of ethnic minority leaders believe there is institutional prejudice against minorities in the workforce in the UK; and almost one in five (18 percent) of these leaders have personally experienced workplace discrimination in the last two years. A report from Green Park, ‘Changing the Face of Tomorrow’s Leaders:  Increasing Ethnic Minority Representation in Leadership’ claims that while 60 percent of ethnic minority leaders believe institutional racism has moved up the organisational agenda in recent months, two thirds of these respondents say the language is emotive and makes people uncomfortable.  When tackling the issue of racism many firms are struggling to find an appropriate dialogue and language.  When it comes to ethnic minority board level representation, just 2 percent of companies surveyed are meeting their identified targets.  Over a fifth (22 percent) of firms admitted being unaware of current progress towards diversity targets and 18 percent did not know there to start.  More than one in ten (13 percent) have a ethnic diversity target but no strategy, while 9 percent are simply replicating their gender diversity strategy.

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High expectations mask large gap between understanding of artificial intelligence and its implementation

High expectations mask large gap between understanding of artificial intelligence and its implementation

by • AI, News, Technology

New research published by the Boston Consulting Group and MIT Sloan Management Review suggests that there remains a wide gap between the understanding and adoption of artificial intelligence (AI) at most companies. The global study of over 3,000 firms and industry experts claims that almost 85 percent of executives believe AI will allow their companies to obtain or sustain a competitive advantage. However, only about one in five companies has incorporated AI in some offerings or processes. The new report claims to identify the key characteristics of AI leaders and offers companies a starting point for developing an AI strategy.

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Quarter of women on maternity leave offered less training opportunities than colleagues

by • Flexible working, Legal news, News, Workplace

Quarter of women on maternity leave not offered same training opportunities as colleagues

One fifth of women (20 percent) feel overlooked by their employer during maternity leave and though three quarters (75 percent) see training as a key way to prepare for their return to work, nearly a quarter (24 percent) are not offered the same training opportunities as their colleagues. According to the new research from AVADO almost a third of women (32 percent) who’ve been on maternity leave in the past three years say they’d have felt more prepared to return to the workforce if they’d had the option to do some training; one in three (29 percent) would have felt better connected with their team members and for a fifth (24 percent), training would have allowed them to stay up-to-date with the latest developments in their industry. During maternity leave, an employee and employer can agree to have up to ten Keeping in Touch (KIT) days, which may include training, but the research found that just one in ten (16 percent) were given the option to use these for training. This is despite the fact that 72 percent of women see it as one of the key ways to help them successfully head back to work after having a family.

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Parents asking for flexible working face sanctions from bosses, claims study

Parents asking for flexible working face sanctions from bosses, claims study

by • Flexible working, News

Asking for family-friendly flexible working patterns can lead to many people getting fewer hours, worse shifts and in some cases losing their jobs altogether, claims a new report from the TUC. Half (47 percent) of low-paid young mums and dads are struggling to manage work and childcare, according to the Better Jobs for Mums and Dads report. More than two in five (42 percent) said they felt penalised at work when they asked for flexibility – telling the TUC they are subsequently given fewer hours, worse shifts or even losing their job.

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New data protection legislation will lead to increased demand for specialist staff

New data protection legislation will lead to increased demand for specialist staff

by • Legal news, News, Workplace

New data protection legislation – due to come into force next year will lead to a boost in recruitment, claims new research from Robert Half UK.  Two-thirds (66 percent) of CIOs say they will hire additional, permanent employees to cope with the introduction of the EU’s General Data Protection Regulation (GDPR). The new data protection legislation will reshape the way organisations approach data privacy, providing the public with more visibility into data breaches. As organisations concentrate on compliance initiatives, demand for permanent project managers (33 percent), business analysts (26 percent) and data protection officers (26 percent) that oversee how data is processed, will increase. A further 64 percent of CIOs will hire temporary or interim staff to ensure they have the highly-skilled talent in place to manage the change in data management and reporting. The type of role that businesses are recruiting for with GDPR will vary according to company size. Overall, 16 percent of SMBs see GDPR as a concern, compared to 12 percent of large business. SMBs are more likely to hire project managers (32 percent) to help with compliance while larger organisations are placing a greater focus on recruiting data protection officers (33 percent).

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