Search Results for: workforce

Businesses in developed world failing to invest in tech and agile working

Businesses in developed world failing to invest in tech and agile working 0

AgileBusinesses operating in developed national markets risk falling behind businesses in emerging markets that are placing greater importance on leveraging technology to fuel their growth and increase their agility, claims a report from enterprise software provider Epicor. The study of over 1,800 business leaders from 12 countries claims that 54 percent of emerging market business executives cited “technology leadership” as a significant growth factor compared to just 36 percent of those in developed countries. The report claims that by recognising the importance of flexible technology and business systems in fuelling growth, executives in emerging markets are putting themselves in a stronger position when it comes to preparing for international expansion. Businesses that have more agile working practices can respond more quickly to changing market environments, making them more prepared to deal with the demands of growth.

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What do Millennials and Gen Z want from work? The same as everybody else

What do Millennials and Gen Z want from work? The same as everybody else 0

millennials-at-workMore evidence that younger people are in fact people after all emerges with the publication of a new report from Randstad and Future Workplace. The study of over 4,000 individuals worldwide claims that despite widespread belief, 41 percent of Generation Z employees believe that collaborative, corporate offices combined with a degree of autonomy and flexibility is their preferred way to work. They prefer bosses with strong communication skills, value face to face meetings, are irritated by distractions and believe they will probably have a career focussed oln one specific sector. As a follow-up to a previous study conducted in 2014, the Gen Z & Millennials Collide@Work report focuses on the impact of Gen Z entering the workplace for the first time and how Millennials are engaging with them. Both studies claim that Gen Z and Millennials continue to prefer communicating with co-workers and managers in-person in lieu of email and phone.

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Report published on employing older workers to help close labour gap

Report published on employing older workers to help close labour gap 0

older workersA new report – published to encourage employers to create more age friendly workplaces – warns of a widening labour gap in the UK. Between 2005 and 2015 the number of people working over the age of 50 in the UK increased by 2.5 million. By 2022, the UK economy will need to fill 14.5 million job vacancies created by people leaving the workforce and by new positions being created; but it is estimated that there will only be seven million young people available to fill them – leaving a labour shortage of 7.7 million people. Yet currently, one million older people who are not in work want to work and if just half of these were to move into employment GDP would increase by up to £88 billion a year. Business in the Community’s new report, Age in the Workplace, supported by the Centre for Ageing Better, advises employers on how to implement practical changes; such as introducing more flexible hours, which will help improve the recruitment and retention of older workers.

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Two thirds of US gig economy workers would choose not to repeat the experience

Two thirds of US gig economy workers would choose not to repeat the experience 0

gig economyWhile the number of independent workers in the US gig economy is expected to grow to 54 million people by 2020 and some 40 percent of workers have already experienced it according to MBO Partners: State of Independence in America 2016, a new online poll by Deloitte of nearly 4,000 workers found that 67 percent of those who have worked as an independent contractor would choose not to do so again in future. Additionally, more than 60 percent of employed workers said that their stability would suffer if they moved to independent contract work, and 42 percent worry about sacrificing good compensation and benefits. Four-in-ten respondents (41 percent) recognise that independent contracting offers more flexibility to work where, when, and how they want to as compared to full-time employment. However, respondents cite inconsistent cash flow and lack of employer-paid benefits as drawbacks that discourage them from pursuing independent work.

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Bisley release details of The Workification of Home event

Bisley release details of The Workification of Home event 0

flexible workingOn 14th September, Bisley is hosting a panel discussion at its showroom led by Professor Jeremy Myerson of the Royal Academy of Art. The event is called The Workification of Home – the future trend for the flexible workforce? Jeremy will be joined by a panel of experts to debate the blurring boundaries between our domestic and professional lives, the rise of the freelance economy, tech start ups, mobile technology and the trend for co-working, The panel will debate how these factors have penetrated the culture, design and expectation of where, when and how we want to work and how workers can manage and maintain a successful work/life blend, by creating effective and conducive spaces in the home. Joining Jeremy are: Kirstin Furber – People Director at BBC Worldwide; Sebastian Conran- Leading product and furniture designer; David Barrett – Buyer of Living, Dining and Home office at John Lewis; Amelia Coward – Founder and Creative Director at Bombus.com. The event takes place at 6pm on the 14th September at the Bisley Showroom, Great Portland Street, London.

Institute for Employment Studies launches new Brexit Observatory

Institute for Employment Studies launches new Brexit Observatory 0

BrexitThe Institute for Employment Studies, a human resources and employment think tank, has launched what it calls a Brexit Observatory, which will aim to track the effects of the UK’s vote to leave the EU on employment levels and issues. According to the IES, the Observatory will ‘provide a space to collate evidence, share relevant research and commentary, track datasets, and link to sources of independent information as the debate continues and the terms of the UK’s departure are revealed. It will build over the following weeks, months and years as events unfold and data surfaces. In addition to content originating from IES, the pages will feature guest blogs and links to external sources.’ The IES says that it hopes the Observatory will stimulate and facilitate debates on key topics, such as the labour market; education and skills; migration (including the impact on the UK’s nursing workforce); the impact on HR; workforce planning and recruitment; employment law; and employee engagement.

Open and honest communication boosts staff engagement levels

Open and honest communication boosts staff engagement levels 0

staff engagementEmployees who feel communication within their organisation is open and honest are nearly 15 times more likely to be engaged, and those who are encouraged to share ideas and opinions are 11 times more likely, claims a survey which suggests that staff want a more human experience, grounded in loyalty, recognition, respect, and honesty. Areas viewed as the best opportunities to differentiate in terms of staff engagement include above-average pay and benefits, a fun place to work, workplace flexibility, a strong fit with individual values, stimulating work, and a spirit of innovation. But according to results of the survey from Aon Hewitt what employees want in a workplace is not what they experience. And these gaps are having an impact on employees’ intent to stay. Of the 52 percent who would leave their current company for another job, 44 percent are actively looking. Opinions about what makes an employer stand out from other companies are similar across generations.

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More organisations worldwide offering parental leave rights to employees

More organisations worldwide offering parental leave rights to employees 0

parental leaveDespite the complexities of parental leave legislation, a  growing number of organisations worldwide are making the benefit available to their workforce, according to the new Global Parental Leave report from human resources consultancy Mercer. According to the study – which is behind a paywall – more than one third of organisations have one centralised global policy. Around 38 percent provide paid paternity leave above the statutory minimum and several countries mandate a parental leave programme that may be used by either parent or carers. A growing number of organisations have extended the right to part time employees and see it as a valuable tool for attracting and retaining talent regardless of the gender or contract of employees. While almost two-thirds (64 percent) of companies provide maternity leave for only the birth mother, 24 percent of companies provide this leave to a primary caregiver.

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Nearly three quarters of UK staff say their workplace is a health hazard

Nearly three quarters of UK staff say their workplace is a health hazard 0

Communicating safety at workPersonal injury lawyers may have helped fuel the UK’s overzealous health and safety culture, but the truth is that their services are often called for to challenge negligent employers. Now a new piece of research by Hayward Baker claims that many employees are not only stuck in unsafe workplaces but with unsanitary working conditions, which is putting their health at risk. The research into over a thousand workers on the conditions of Britain’s offices, shops, factories, warehouses and building sites found that 69 percent believe their workplace to be a health hazard. The study revealed 35 percent of working Brits have picked up an illness from their place of work – with 18 percent claiming to have been struck down with food poisoning or caught a stomach bug because of dirty conditions.  A further 39 percent have suffered an injury at work – with two in ten (20 percent) having been to hospital due to a work-related illness or injury.

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US Millennials ‘martyred’ behaviour helps drive culture of presenteeism

US Millennials ‘martyred’ behaviour helps drive culture of presenteeism 0

Millennial presenteeismAs the school holidays draw to a close, those Brits who’ve enjoyed their annual two-week holiday break will probably have squirreled away some days to take them through to the end of the year. Not so easy for the average US worker who earns on average just ten paid vacation days per annum, for each year of service. According to a survey carried out last year, many Americans even fail to take that allocated leave for fear of being seen as slacking. And now a new piece of research claims that far from breaking this tradition of presenteeism, US Millennial workers are the most likely generation to forfeit time off, even though they earn the least amount of vacation days. These findings, from Project: Time Off’s new report, The Work Martyr’s Cautionary Tale: How the Millennial Experience Will Define America’s Vacation Culture suggest that Millennials stay at work because they feel more fear and greater guilt about taking time away from the office than any other generation.

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Working mothers paid third less as maternal gender pay gap widens

Working mothers paid third less as maternal gender pay gap widens 0

UK gender pay gapThe gender pay gap is still prevalent within the UK workforce and the gap only widens further when women have children, according to a report published today. Research by the Institute for Fiscal Studies (IFS) funded by the Joseph Rowntree Foundation found that on average, women in paid work receive about 18 percent less per hour than men, but this wage gap is smaller when comparing women before they become mothers. The gap widens consistently for 12 years after the first child is born, by which point women receive a third (33 percent) less pay per hour than men. The widening of the hourly wage gap after childbirth is associated with reduced hours of paid work, but this is not because women see an immediate cut in hourly pay when they reduce their hours. Rather, women who work half-time lose out on subsequent wage progression, meaning that the hourly wages of men (and of women in full-time work) pull further and further ahead.

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Employers must lose ‘stiff upper lip’ culture to promote workplace wellbeing

Employers must lose ‘stiff upper lip’ culture to promote workplace wellbeing 0

WellbeingA ‘stiff upper lip’ attitude towards wellness by UK bosses needs to change in order to advance employee wellbeing, argues a survey by Bupa. It is business leaders who are the key to overcoming the challenges facing employees’ health and wellbeing, it claims. The vast majority (94 percent) of those questioned believe there will be significant change in the employer-employee relationship in the next ten years. 91 percent of business leaders agree that technology will continue to impact the wellbeing of their workforce over the next decade and 71 percent agree the standard 9am-5pm working day is a thing of the past. Seven in ten (68 percent) noted a ‘stiff upper lip attitude’ at executive level, creating barriers to conversations about wellbeing, and three fifths (62 percent) of leaders think they need to show that they don’t suffer from ill health.

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