Search Results for: workforce

Gig economy boosts UK employment rate despite Brexit summer lull

Gig economy boosts UK employment rate despite Brexit summer lull 0

gig-economyThere were fewer job vacancies on offer in August, due to the traditional summer lull and the after effects of the Brexit vote, but employment levels were maintained by a rise in self-employment and the growing gig economy. The latest UK Job Market Report from Adzuna.co.uk reveals that 1,123,365 job vacancies were advertised in August, dropping 2.7 percent from 1,154,993 in July. The post-Brexit summer period of uncertainty, combined with a seasonal slowing in the market, lay behind this blip, but hiring is 0.6 percent higher than six months ago and the jobs market is proving resilient in the face of political uncertainty. Despite vacancies falling, the employment rate was 74.5 percent – its joint record highest level since comparable records started in 1971, according to the ONS. This has been partly propped up by the rise of the gig economy and growing self-employment as job-seekers look to alternative forms of employment amidst the growing entrepreneurial environment.

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Businesses failing to look at workplace effectiveness in the right way

Businesses failing to look at workplace effectiveness in the right way 0

workplace-effectivenessThis month, the director-general of the Confederation of British Industry (CBI), Carolyn Fairbairn, suggested that productivity growth across all parts of the UK economy should be the number one priority for business and government. And the CBI isn’t alone in emphasising the importance of honing in on and tackling the ongoing productivity problem. According to the Organisation for Economic Co-operation and Development’s (OECD) economic forecast summary, published earlier this summer, productivity has been exceptionally weak since 2007 and doesn’t show much sign of abating nearly ten years later. Labour productivity per employee has failed to markedly rise since the global downturn and the UK is still miles behind the G7 average – that’s according to the Office for National Statistics (ONS) quarterly figures and CBI data. So, to echo Fairbairn, reviving British productivity is essential to sustain growth and living standards.

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Employers urged to support ‘sandwich generation’ of older workers

Employers urged to support ‘sandwich generation’ of older workers 0

older workersOver a third (36 percent) of managers are unaware of anything their organisation does to attract, retain and engage older employees despite two-thirds (66 percent) believing the average age of retirement will increase in the next five to ten years. This is according to a new white paper from AXA PPP healthcare – Supporting fuller working lives – How organisations can embrace older employees and those with caring responsibilities. It warns that with the proportion of people aged 50 to 64 and aged 65+ in employment on the up (from 55 percent to 70 percent and from 5 percent to 10 percent, respectively, since 1984) and an estimate by Carers UK that nearly two-thirds of people are likely to end up caring for someone at some point in their lives. Yet the research claims that many businesses are not sufficiently adjusted to the changing nature of the workforce and not tuned in enough to helping workers who are often sandwiched between caring for older relatives and their offspring.

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Innovative and ambitious disabled employees still face discrimination

Innovative and ambitious disabled employees still face discrimination 0

disabled-workers-contributionDisabled employees outperform all other groups in terms of innovation and professional ambition, according to new data from the Chartered Institute of Personnel Development (CIPD) in its paper, Attitudes to Employability and Talent. The report, which explores attitudes towards employability and responsibilities for career development in the UK, includes the attributes associated with employment and career success. Individuals with disabilities ranked more highly than any other group in the categories of ‘Brings new and innovative ideas’ and ‘A great desire to develop’. The group also scored particularly highly in the categories of ‘Fits with organisational values’, ‘Good work ethic’, ‘Reliable’, and ‘Positive attitude to work’. However, when quizzed on current approaches to recruiting from diverse workforce groups, only 11 percent of respondents said they actively target individuals with disabilities during recruitment. This is despite the fact that over half (51 percent) currently employ professionals with physical and mental health conditions.  More →

If you want to improve the workplace, let employees procrastinate

If you want to improve the workplace, let employees procrastinate 0

Facebook_like_thumbAn analysis of workplace habits carried out by office supplies firm Viking claims that the biggest causes of worker procrastination are internal problems within an organisation, and that restricting social media usage could make employees less productive. The survey of over 1,500 office workers claims that almost half of workers (48 percent) procrastinate while waiting for other people’s work to be completed and 40 percent procrastinated in order to take a break from work and reduce their stress levels. The study also claims that people who work in an office experience more stress then those who work from home, which the study concludes is because working from home allows employees to take breaks more frequently. Although the Flexible Working Regulations introduced in the UK in 2014 suggests we’re working towards a more lenient workplace, survey findings suggest that in-office cultures are still struggling to find their footing when balancing work and relaxation.

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Employers will promote internal talent to meet Brexit challenge

Employers will promote internal talent to meet Brexit challenge 0

Brexit talent drain

Bosses are divided on whether staff morale will suffer following Brexit, with 48 percent of respondents to a recent survey believing it will and 51 percent expecting no change, despite 74 percent of organisations believing employees are at least ‘somewhat concerned’ by the impact of the vote. Though the majority of companies (82 percent) believe it is their duty to keep employees informed of the potential impact of Brexit on their organisations, few (11 percent) have started communicating openly. The report by Mercer, Planning for Brexit – Talent Implications, also suggests the while the true impact of potential changes to immigration policy remains unknown so far, talent availability is being seen as a top long-term challenge. Over half (58 percent) of companies think their workforce plans will change in the longer term and the majority (66 percent) anticipate a stronger focus on developing and promoting talent from within to compensate for a possible lack of access to wider talent pools.

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London firms promote health and wellbeing with Square Mile Relay

London firms promote health and wellbeing with Square Mile Relay 0

hero-mediumOn the 22nd September, the biggest corporations in the City of London will compete in the iconic Bloomberg Square Mile Relay. The global race series, now in seven cities across the world, is celebrating its tenth anniversary in the capital with a record sell-out of 115 teams taking part in a unique relay in the heart of the square mile, as they attempt to prove themselves to be the fastest in the city. Each team consists of 10 runners, and each runner will be required to complete a one-mile course before passing the baton to the next competitor.  While at the heart of this race is its charitable motives, it is also reflective of an ongoing rhetoric surrounding the importance of health and wellbeing  in the workplace. The companies who have chosen to compete in this year’s global race series are communicating their desire for employees to embrace fitness as a lifestyle choice. It is a strategy in alignment with the ‘soft’ or ‘Harvard’ model of human resource management

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CoreNet report sets out how technology will reshape corporate real estate

CoreNet report sets out how technology will reshape corporate real estate 0

Workplace technologyThe speed of today’s technological advances is dramatically reshaping the way that corporations manage and use their real estate. It’s a dynamic that has significant consequences for the workplace, urban development and the overall lifestyle of the average worker. Those are the unsurprising conclusions of a new report from trade association CoreNet Global, which was discussed this week at the organisation’s 2016 Summit – EMEA, held in Amsterdam. As ever, the devil is in the detail so the report is worth exploring to get a sense of just how imminent many of the changes will be, especially because they will converge to create a perfect storm of change for the workplace. This marks the new era out from the past when technology developed in more predictable ways. Several CoreNet Global Gold Strategic Partners contributed to the report including CBRE, Deloitte, ISS, JLL, Newmark Grubb Knight Frank, Sodexo and Steelcase.

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Career advancement opportunities help attract and retain staff

Career advancement opportunities help attract and retain staff 0

US female executiveThree in 10 US employees say they are likely to leave their employer within the next two years as employers continue to experience difficulty with attracting and retaining staff. According to the Global Talent Management and Rewards Survey, from Willis Towers Watson roughly half of employers are experiencing difficulty attracting critical-skill employees, top performers and high-potential employees. More than a third of respondents reported challenges in retaining high-potential employees (37 percent), top performers (36 percent) and critical-skill employees (35 percent). The firm’s Global Workforce Study identified advancement opportunities as key. Over a third (36 percent) cited opportunities to advance as a key reason to join a company and to leave (45 percent). However, only four in 10 (41 percent) indicated their employer does a good job of providing advancement opportunities, while nearly half (47 percent) said they would need to leave their organisation to progress.

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Call for work life balance to help preserve relationships and health

Call for work life balance to help preserve relationships and health 0

Flexible workingMore than a third of UK workers (35 percent) say that their work schedule is detrimental to their relationship with their partner, nearly one in five (18 per cent) say their job has caused arguments, and eight per cent admit that work was a major factor in the breakdown of their relationship. This is according to research, commissioned by Coople that suggests the extent to which work is ruining relationships, causing arguments with partners and even taking a toll on sex lives. Nearly one in 10 (nine per cent) say the pressures faced at work has had a negative impact on their sex life and one in five (20 per cent) report their work has led to a decline in their health and wellbeing, citing stress and depression. Unsurprisingly, the survey also found that 54 per cent of people value a good work life balance in a job the most, above wages, career progression, doing something meaningful in their work or any employee benefits.

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New alliance aims to help eradicate maternity discrimination at work

New alliance aims to help eradicate maternity discrimination at work 0

Pregnant workerA new alliance between leading businesses and the Equality and Human Rights Commission is being launched today to combat the level of pregnancy and maternity discrimination that affects around 390,000 pregnant women and new mothers each year. A coalition of businesses in the initiative ‘Working Forward – supporting pregnancy and maternity rights’, aims to inspire other organisations to follow their example by working to eradicate discrimination from their businesses and show employers how to attract, develop and retain women at work. The launch follows the EHRC’s recent landmark research, carried out in conjunction with the former Department from Business, Innovation and Skills which highlighted that while the majority of employers say they are firm supporters of female staff during and after pregnancy and find it easy to comply with the law, three in four (77 percent) mothers say they have had a negative or possibly discriminatory experience at work.

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Calls to improve London’s transport infrastructure in Brexit negotiations

Calls to improve London’s transport infrastructure in Brexit negotiations 0

Brexit talks on London infrastructure

London’s property sector has been resilient following the EU referendum, with commercial property rents remaining strong over the summer, though over the next few months the overall direction of the market is likely to become clearer. This is according to the latest CBI/CBRE London Business Survey, which has found that businesses want the city’s mayor to play a leading role in influencing Brexit negotiations, particularly in driving improvements to the city’s transport infrastructure. Two thirds (67 percent) wish to see upgrades to the existing London Underground network, whilst over a half (55 percent) want a commitment from City Hall to start building Crossrail 2 and one third (31 percent) hope for greater investment in the capital’s road network. Unsurprisingly, uncertainty over the UK’s role in the EU is the most significant cause for concern (75 percent of firms), followed by retaining the best people for the job (49 percent) and a lack of appropriately skilled staff (44 percent).

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