Search Results for: workforce

Intelligent lighting can enhance workplace wellbeing and productivity

Intelligent lighting can enhance workplace wellbeing and productivity 0

Good lighting can enhance a workplaceThe main driver of the growing interest in wellbeing in recent years has undoubtedly been absenteeism. But workers don’t have to be ‘absent’ from the workplace to hamper productivity. Presenteeism, where employees are present but not productive can also influence the long-term success of an organisation. The interaction between the worker and their work environment has a huge influence on an individual’s wellbeing and overall productivity, with employees’ performance more likely to be enhanced when they are immersed in a comfortable and stimulating environment. This can include all the usual stipulations, such as a well-designed workstation, a comfortable office temperature and carefully considered and appropriate lighting. In fact, improved lighting is an essential element in the overall mix, not only because of the cost savings that their energy efficiency brings but also in the way lighting contributes to workplace wellbeing and people’s performance.

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A well executed wellness strategy benefits staff and employers

A well executed wellness strategy benefits staff and employers 0

Wellbeing at workEmployee health and wellbeing is moving up the agenda of many companies. A recent report from the Reward and Employee Benefits Association (Reba) and Punter Southall Health & Protection found that a third of companies have a wellness strategy in place, with 80 per cent having introduced one in the last three years. Of the 70 per cent that don’t yet have a strategy, a third plan to implement one this year, a third plan to implement a plan in the next few years and the final third have it firmly on their wish list. This is driven by the fact that the UK is experiencing a major demographic change – in 2014 the average age of the population exceeded 40 for the first time. With the percentage of the total population over 60 predicted in a report from AgeUK to rise from 24.2 percent at present to over 29 percent in 2035, employers are beginning to wake up to the fact that wellness is good for staff and good for business.

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How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo

How to save a sinking ship: lessons from Marissa Mayer’s experience at Yahoo 0

marissa_new4_400x400When former Google employee Marissa Mayer joined Yahoo as its CEO in 2012, she inherited the company’s vast problems. Though it was once seen as one of the first tech behemoths, Yahoo’s inability to come up with ground breaking products like Google and others, put it in a slow, steady decline. Mayer was immediately tasked with trying to reinvigorate the stagnating company. Her focus was to find a way to identify and retain talent, while phasing out ineffective employees. However, Yahoo’s new management policies have brought about much debate and criticism from HR experts. A controversial book by journalist Nicholas Carlson titled “Marissa Mayer and the Fight to Save Yahoo!” paints a highly critical view of Mayer’s first years as CEO. In response others have defended her, arguing that she has done the best she can with the resources available, but has become a scapegoat for poor management, like so many other women in powerful positions.

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Brexit leads to ‘softening’ of employment market, claims CIPD survey

Brexit leads to ‘softening’ of employment market, claims CIPD survey 0

BrexitThe UK’s decision to leave the EU has resulted in a softening in hiring intentions and businesses should invest in skills immediately, according to the latest CIPD/Adecco Group UK & Ireland Labour Market Outlook. The report is based on employer sentiment in the two weeks before and after the EU Referendum and claims that employers surveyed ahead of the vote were somewhat more optimistic about hiring intentions than those surveyed afterwards. It suggests that the proportion of employers expecting to increase staffing levels over the next three months dropped from 40 percent pre-Brexit to 36 percent following the vote. The net employment balance, based on the difference between the share of employers expanding their workforce and those reducing it, dropped from +21 pre-Brexit to +17 post-Brexit. However, the fall was significantly sharper among private sector employers, with the post-Brexit employment balance declining to +25 from +39.

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The traditional office is still very much alive, but it is changing

The traditional office is still very much alive, but it is changing 0

mote_articleA skim through workplace features in the media and you’d be forgiven for thinking that the traditional office is no longer with us. According to the narrative, we’re all now 20-somethings, working in open-plan warehouses, with table football, bean bags and comfy sofas to lounge on, while drinking our custom-made soya lattes. When in actual fact, while more relaxed, fun and funky offices tend to make the headlines, the majority of people still work in a relatively traditional way, with their PC or laptop, a desk and an ergonomic task chair. What’s more, with an ageing workforce, we certainly aren’t all 20-somethings, with DWP (Department of Work and Pensions) figures revealing that the employment rate for people aged 50 to 64 has risen by 14 per cent in the last 30 years, and doubled for over 65s. So designing with just the youngsters in mind simply doesn’t add up. Recent research by the Senator Group, backs up this view.

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The solution to closing the digital skills gap starts at home

The solution to closing the digital skills gap starts at home 0

Digital skillsMuch has already been written about the UK’s digital skills gap, and undoubtedly as the Government continues to develop and roll out its Digital Strategy for the nation, many more headlines will be devoted to it. For a country so focused on technological development it’s a problem which is both acute and imperative. Recent Government figures put 12.6 million Britons at risk of being left behind in terms of the skills needed for a modern economy. Parliamentary plans to address this issue focus firmly on education: including digital development as a key part of apprenticeships, encouraging vocational digital skills courses at universities, and broadening access to other educational courses to help people to learn to code. However, responsibility to upskill the nation’s workforce also resides with employers. Whether the current role demands IT skills or not, technology increasingly impacts and transforms every element of our lives.

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Time to address ‘shocking disconnect’ between boardroom and staff pay

Time to address ‘shocking disconnect’ between boardroom and staff pay 0

Executive payAs the new prime minister Theresa May has already indicated in her tenure, the growing gap between rewards for those at the top of organisations and everyone else is hard to justify at a time when economic uncertainty is intense and corporate performance mixed. So it’s shocking to learn that the average FTSE 100 CEO earns 129 times more than the firm’s employees, receiving around £5.5 million a year, up from £4.96 million in 2014. According to the annual survey of FTSE100 CEO remuneration packages by the High Pay Centre, rewards at the top continue to grow at a double digit rate, with the most highly paid being part of an all-boys club. No woman has made it into the top ten in either of the last two years. And in contrast to the generous packages awarded to their executives, only a quarter of the 100 FTSE 100 companies are accredited by the Living Wage Foundation for paying the living wage to all their UK-based staff.

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HR analytics has the potential to stem the silver brain drain

HR analytics has the potential to stem the silver brain drain 0

mult generational workplaceWe’re operating in an increasingly tech-centric environment, but human talent still remains one of the core differentiators if a business is to thrive. Not surprisingly, the mission to get the very best people on board and optimise the potential of those already in situ has become the Holy Grail for many companies, irrespective of scale and sector – a challenge that demands a more intuitive and precise, even scientific approach to human capital management. Data analytics is a case in point, designed to extrapolate insight from intelligence across a variety of disparate sources and establish actionable intelligence, capabilities which naturally lend themselves to powering key decisions around hiring and retention and building on existing talent. Yet despite the proliferation of analytics across many strands of the workplace, take up in the HR sphere remains relatively modest, in tandem with a long-held reticence over the use of the technology in this area.

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Corporate real estate sector needs to step up to meet new challenges

Corporate real estate sector needs to step up to meet new challenges 0

US corporate real estateThe corporate real estate profession will be influenced, disrupted and transformed in the years ahead by a powerful combination of forces that are re-shaping business strategy and operations, consumer preferences, and how and where people want to live and work, according to a new report from CoreNet Global. The Bigger Picture: The Future of Corporate Real Estate draws on the expertise of more than 30 thought leaders to provide insights from multiple perspectives beyond CRE: technology and the internet of things; risk mitigation; cyber security; environment, energy and sustainability; corporate social responsibility; the global economy; people, talent, wellbeing; and the future of cities. The report argues that CRE must deliver greater value in this dynamic business environment and a world that is changing rapidly, is more interconnected than ever before, is constantly disrupted by technological innovation, and is replete with both risks and opportunities.

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Office workers spend half their average week working remotely

Office workers spend half their average week working remotely 0

Remote Working increasesNew research suggests that UK workers are overwhelmingly turning their back on the standard 9-5 office life with 72 percent agreeing that it’s not relevant for the 21st century. Working remotely and flexibly makes them more effective in their job said 82 percent of respondents to the TeamViewer report ‘The End of Nine-to-Five’ with 73 percent agreeing that having the ability to work flexibly makes them feel more valued and 82 percent that all employees should be offered flexible working hours without it affecting their career. With 79 percent of people rating work-life balance as more important than salary, the report suggests it is critical for businesses to ensure they are offering more than just monetary incentives, as almost half (49 percent) say that flexible working hours would be the most important factor to them when looking for a new job. According to the survey, UK office workers are already spending on average 2.5 days, half of their week, working remotely.

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One in five UK workers believe their job is less secure due to Brexit vote

One in five UK workers believe their job is less secure due to Brexit vote 0

Around one in five employees in the UK are feeling pessimistic about the security of their current job because of the Brexit vote to leave the EU, a new survey by the CIPD claims. Answering a range of questions, including how they felt about the future as a result of the UK’s vote to leave the EU, around 44 percent of the 1,000 working adults who took part felt pessimistic about the future, with this being particularly high amongst public sector workers (61 percent), voluntary sector workers (58 percent) and people aged 25-34 (63 percent). 22 percent said they felt their job was less secure now. The CIPD’s survey also highlighted incidents of harassment and bullying in the workplace relating to the Brexit decision, with more than one in ten employees saying that they have experienced, witnessed or heard of incidents of harassment or bullying of a political nature and just under one in ten (7 percent) referenced incidents of a racist nature (7 percent).

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Growing number of people past retirement age still work to boost income

Growing number of people past retirement age still work to boost income 0

grey poundFor all that everybody bangs on about Millennials, it’s increasingly apparent that the workforce in most nations is actually getting older and that it’s not just Governments who are keen to keep older staff in work, but also people themselves. A new study from MetLife based on Government data claims that nearly one in seven over-65s in the UK are boosting their retirement income by working, earning around £296 in addition per week. The data suggests that the numbers of over-65s working has increased from just 8 percent of the pensioner population to 13 percent in the last ten years, the equivalent of 1.1 million people.  Median earnings from working are £296 a week adding up to annual pay of nearly £15,400. The need to keep working is underlined by the continuing squeeze on saving and investment income, which generates just £312 a year for pensioners on average. The proportion of pensioners earning money from investments has dropped from 72 percent in 2004/05 to around 64 percent now. Around 72 percent of all pensioners have private or company pensions compared with 66 percent a decade ago.