March 10, 2020

A great company culture is the basis for successful flexible working

by Chris Dyer • Comment, Flexible working

Company culture is more integral to remote platforms than it is to traditional bricks-and-mortar enterprises. In a disjointed setting, culture is what holds a team together, and marries it to the company’s values. Not only is this a boon to getting work done, it’s a formula for business success. Consider the main challenges to many people working in concert from different locations: accessing information, clearly communicating, making decisions that reflect an organization’s mission. When we optimize these actions, we’re more productive and better able to serve customers and meet objectives. (more…)

March 5, 2020

To many major firms, work is becoming just a game

by Eve Grau • Comment, Workplace

Corporate gamification is a growing trend in the business world. This trend uses all of the techniques that make video games so entertaining and engaging to improve day-to-day business functions. From incorporating point awards to leveling up, gamification hacks the most effective qualities of gaming to deliver educational programs and training courses. Because of the success of these methods, gamification has been growing in popularity and is a good policy for businesses to adopt. (more…)

March 2, 2020

Workers are as important as external stakeholders

by Bianca West • Comment

At the recent World Economic Forum in Davos, workers around the globe could be forgiven for remaining sceptical at the news that the corporate world now regards them as stakeholders, and as important to their organisations as shareholders and customers. The traditional employee/employer relationship is slowly changing. Where the relationship was once exclusively hierarchical, it is now evolving into more of a partnership. Employees want to be more involved in processes and decisions. Subsequently, teams need to be more collaborative and communicative to drive innovation and creativity. To encourage optimum performance, leaders must learn to coach and encourage, rather than simply direct. (more…)

February 28, 2020

UK workers are greener at home than in the workplace

by Jackie Le Poidevin • Environment, News

Nearly half of UK workers admit to being greener at home than they are in the office, although more and more are realising the importance of green habits, research by Instant Offices has suggested. With the government committed to achieving net zero emissions by 2050, the workspace innovation company has been investigating what more employers can do to help to lead the way by instituting greener practices. (more…)

February 20, 2020

New EU AI strategy focuses on ethics

by Jackie Le Poidevin • News, Technology

The European Commission has put forward a strategy to promote the development of AI and robotics while putting people first and defending European values and rights. The strategy acknowledges that AI can open up new opportunities for businesses and bring solutions to challenges such as climate change. However, it aims to address the social, legal and ethical impact of new technology. (more…)

February 12, 2020

Public sector must be more open on AI, says watchdog

by Jackie Le Poidevin • News, Technology

The public sector must uphold high standards of conduct when adopting AI, a report from the Committee on Standards in Public Life has concluded. The committee does not believe a new AI regulator or major legal change are necessary but it does have concerns about lack of openness, lack of accountability and data bias. (more…)

February 6, 2020

End of Brexit uncertainty boosts London commercial property market

by Neil Franklin • News, Property

London is set for an increase in commercial property investment in 2020 as international investors target the capital’s high-yielding office market, following the decisive 2019 UK General Election result. According to the latest research from Knight Frank, investors have increased the total capital targeting London commercial assets to £48.4bn, a 21 percent rise on 2019 and £2bn higher than 2018. However, with just £2.3bn of buildings for sale, investors will face strong competition, which is expected to drive values higher in 2020. (more…)

February 4, 2020

“Top employers” in UK and Ireland announced for 2020

by Jackie Le Poidevin • News, Working culture

More than 600 business and HR leaders gathered at London’s Hilton on Park Lane on 30 January 2020 as the Top Employers Institute, an international certifier recognising excellence in employee conditions, revealed its list of certified UK and Ireland top employers for 2020. The host, comedian Ed Gamble, congratulated the 92 certified employers (82 in the UK and 10 in Ireland). There were 10 newly certified organisations, including Reckitt Benckiser, a consumer goods company, clothing and retail brand Puma and Charles Hurst, a Northern Irish new and used vehicle dealer. (more…)

January 31, 2020

Communicating employee rewards boosts engagement

by Jackie Le Poidevin • News, Working culture

Communicating a business’s “employee value proposition” or EPV – the package of rewards that it offers in return for the person’s performance at work – is having an increasingly positive impact on employee engagement, retention and recruitment, research has claimed. Aon’s Benefits & Trends 2020 Survey (registration required) suggests that although the percentage of employers who have, or are working towards, an EVP remains similar to last year (76 percent), the number that now communicate it to staff has increased. Of those employers that have an EVP, 77 percent now explain it to employees, an increase of 9 percent on 2019.

(more…)

January 15, 2020

Workers value comfort and functionality over quirky office design

by Neil Franklin • News, Wellbeing, Workplace design

Employees value physical office design features and amenities that offer them a greater deal of comfort and functionality in the workplace. They especially favour outdoor views, natural light and on-site food services, according to a new report from CBRE based on a survey of 1,600 North American office users. (more…)

December 19, 2019

The truth about all those workplace trends lists

by Mark Eltringham • Facilities management, Features, Property, Technology, Workplace, Workplace design

You would not believe the number of firms that ask us to publish a list of workplace trends each week. Or maybe you would, given the number that have appeared elsewhere. Each firm perhaps convinced they are saying something original, unique or interesting, or maybe simply convinced they stand out in some way, while pushing the same timid, stale narratives about the workplace. It goes without saying that the commercialised messages often do little to shine a light on complex realities. In the words of the Scottish poet and anthropologist Andrew Lang, they use information ‘like a drunk uses lamp-posts—for support rather than illumination’.

(more…)

December 2, 2019

What you need to know about paying wages in cryptocurrency

by Freddie Steele • Company news, Promotion

Not all of your employees will prefer to have their hard work rewarded with often volatile cryptocurrencies. However, for those already investing in it, having some or all of their salary given as a digital currency may be more appealing and convenient. Below you can find the details of what you will need, some examples of people already doing it and the obstacles you will face.

To make paying your employees a reality, both you and your workers will need to have some additional things. The first is everyone will need a secure wallet to pay the cryptocurrency in. Making sure the best wallets are chosen is vital because there is no backup to the funds stored in them like there is at a conventional bank. Anyone considering their options should not forget to check out the Luno Bitcoin wallet with exceptional safety and stellar reviews.

The other help you will need as a business is a dedicated team of bookkeepers who know how to track payments in Bitcoin – more on that shortly.

Companies already paying in Bitcoin

There are some firms already making the leap to paying employees in cryptocurrency. Notably, a Japanese firm has started using Bitcoin to pay staff. At the moment, this is rare as most firms find the process difficult due to some legalities and taxation issues.

Another way people have been getting paid in cryptocurrency is through freelancing work via apps. There are many apps on the market that will pay freelance workers to complete projects in exchange for Bitcoin and alike. Earn.com is one of the most established, but many similar apps are available.

Legalities and tax

One of the reasons that some of the most trendy fintech startups are not paying in crypto as of yet is because it is an overly complex procedure. For some, it is just not possible as it is against the law to do so, including in many South American and Asian countries. Even in those that do not make it illegal, the taxation and invoicing practicalities of doing so put them off.

For example, in the USA you can legally pay in crypto, but all forms need to show values in US dollars and sophisticated and specialist accountants and bookkeepers would be required, which adds to business expenses.

Will the rules change?

It is possible that as cryptocurrencies become even more mainstream and accepted – as well as regulations are implemented upon them – the idea of paying in crypto will become not only legal, but more feasible. That day may come, but the wait until it is easy to do may be long.

For now, employees may be better swapping their fiat salaries for crypto with a trusted exchange platform and a reliable wallet.

Image by Icons8_team