Search Results for: workforce

Millennial workers value variety over job security and tenure

Millennial workers value variety over job security and tenure 0

Millennial 'job hopping'Employers may continuously be looking at ways to engage staff to ensure they still loyal to the organisation, but according to new research it seems they needn’t bother. Over one third (37 percent) of US workers — regardless of their satisfaction level — are seriously considering leaving their organizations, up from 33 percent of the workforce who were considering leaving in 2011. According to Mercer’s latest Inside Employees’ Mind research, which surveyed 3,000 people representing a complete cross-section of the US workforce, nearly one out of two employees who said they are very satisfied with their organizations and their jobs (45 percent and 42 percent, respectively) are still looking to leave. And perhaps unsurprisingly, it’s the Millennial workers who seem to value accelerated career paths and diversity (in the workplace and the work itself) over job security and tenure.

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Colleagues more positive towards older workers than employers 0

While the majority of UK professionals believe older workers make a valuable contribution to UK businesses, many struggle to find new employment, a report has found. The study from CV-Library found that 92.2 percent of workers believe older workers make a valuable contribution to UK businesses, 76.6 percent of staff believe that older workers bring years of experience and knowledge to an organisation that can’t be found in a younger worker and 92.7 percent of workers believe the mature staff should still be able to excel in the workplace. Yet although they received an overwhelming sense of respect from the UK workforce, it seems that the same regard for older workers is not echoed by employers. When asked to explain key issues on age in relation to work, seeking new employment was the most common concern, with almost half (46 percent) of 55-64 year olds considering age to be a hindrance.

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Collaborative work goes hand in hand with better talent retention

Collaborative work goes hand in hand with better talent retention 0

Companies are rethinking the tools they use to keep employees engaged and loyal – especially at a time when flexibility and choice are increasingly important to an workforce that craves mobility and choice. A newly released survey from Jive Software claims that as the workforce continues to evolve and new future of work trends emerge, seven out of ten (72 percent) employees want to use more technology in the workplace that enables them to work from anywhere. Furthermore, the same percentage state that the freedom to try tools make them more effective in their job, with 43 percent finding it a powerful loyalty driver. According to the study of 1,000 US based employees, firms are also catching on to future of work trends and the impact that technology can have for employee retention. Eighty-four percent of employers want to implement technology that enable workplace flexibility.

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Caring employers key to improving mental wellbeing at work

Caring employers key to improving mental wellbeing at work 0

Mental wellbeingWith one in four adults experiencing a mental health condition in any given year, a caring and supportive boss is the missing link between employee engagement and mental health. This was the message of a MetLife breakfast briefing in partnership with Buck Consultants at Xerox, where the impact of ignoring mental health in the workplace was discussed. MetLife’s UK Employee Benefit Trends Study has found that for every one point increase in “having a caring and supportive boss” there is a 9 percent increase in employee engagement. Key themes of the briefing included the best strategies for identification and prevention of mental health issues, and how to build a more resilient workforce. It also emerged that employers are almost unaware of the negative impact insufficient sleep has on employees’ mental wellbeing, yet along with stress and work life balance – insufficient sleep is seen as a key health concern.

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US sees biggest jump in working from home since 2008, claims study

US sees biggest jump in working from home since 2008, claims study 0

working from homeAccording to an analysis of the just-released 2014 American Community Survey (ACS) conducted by GlobalWorkplaceAnalytics.com, approximately 3.7 million US employees (2.5 percent of the workforce) called home their primary place of work in 2014. This represents a 6.5 percent increase and the largest year over year growth in the number of people working from home since before the recession. The ACS data is based on a nationwide survey of answers to the question “What was your primary means of travel to work during the survey week—’Worked at Home’ is one of the choices. The count only includes those who work at home at least half of the time. According to Global Workplace Analytics far more people work at home on a less frequent basis and many work in “third places” such as coffee shops, co-working facilities, libraries, and just about anywhere there’s an internet connection.

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Employers plan to woo returning mothers with flexible working

Employers plan to woo returning mothers with flexible working 0

working motherA fifth of UK businesses are planning to hire more returning mothers than they did a year ago, and are offering flexible working to attract them. New research from Regus claims returning mothers are valued by businesses because of their experience and skills, as well as reliability and time management. They are seen as less likely to change jobs, saving firms the cost of recruitment and re-training. Because the contrasting demands of motherhood and work are one of the main reasons women don’t return to work, respondents emphasised the important role flexible working plays in attracting female talent; with 81 percent believing that flexible working is key to attracting and retaining women. These workers are also valued for their experience and skills according to 73 percent of respondents and are seen as more reliable (24 percent) and organised (29 percent) than other staff.

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Fifth of employers not productive enough to afford Living Wage warns CIPD

Fifth of employers not productive enough to afford Living Wage warns CIPD 0

productivyAlthough the UK has experienced two years of solid economic growth, a fifth (21 percent) of organisations are still stuck in survival mode and aren’t making the necessary investments in equipment or people to boost their productivity a new report from the CIPD has revealed. A further 29 percent of employers are failing to get the right balance between investment in their workforce and investment in technology and equipment. Investing in Productivity found a clear link between an organisation’s mindset and its approach to investment, which could help to explain the UK’s poor productivity performance in recent years. The CIPD’s chief economist Mark Beatson warns that too many businesses are being held back by an ‘ambition ceiling’ which is preventing them from making the productivity gains needed to achieve business growth and implement the new National Living Wage without risk of job cuts.

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More people are working from home, but they can end up feeling lonely

More people are working from home, but they can end up feeling lonely 0

RoneryMore and more British workers are working remotely, from home and other locations, but they are growing increasingly disconnected from their colleagues. Those are the findings of two studies into new ways of working conducted independently by Plantronics and Regus. According to the Plantronics survey of 2,500 staff, flexible working was given another boost over this Summer in response to the (intermittent) good weather and industrial action by London public transport staff. During August, more than half (55 percent) of the workforce chose to work from home or remotely more convenient to them, the audio communications firm’s study found. On the flipside,  the survey of 4,000 workers by serviced office provider Regus claims that almost two-thirds of employees who work from home miss mixing with colleagues and can feel lonely as a result.

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Unhelpful generalisations about generations based on hype, claims report

Unhelpful generalisations about generations based on hype, claims report 0

Generations hypeFor the first time, the age span of people in any workplace is now routinely between 16 and 75, as more people work past 60 than ever before. This means the UK is experiencing the widest working demographic in living memory. Yet generalisations about generations may simply be unhelpful, a new study into employee benefits has concluded. The report by Martha How, reward partner at Aon suggests a trend towards generational segmentation is much too simplistic and not necessarily supportive of employees or employer’s needs. She argues that the common view that we now have five generations in the workforce, each with differing needs and preferences are being overplayed. In fact, there is often too much of a tendency drift into caricature – for example, that twenty-somethings aren’t interested in pensions, while fifty-somethings worry mainly about pension and health.

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Commission welcomes appointment of new diversity champions

Commission welcomes appointment of new diversity champions 0

Diversity in the workplaceThe Equality and Human Rights Commission has welcomed the announcement of four new Whitehall diversity champions to help the Civil Service become more representative of modern Britain. In a National Audit Office report earlier this year, the NAO said that although Whitehall had made some progress on promoting diversity, it needed to place greater emphasis on departments’ valuing and maximising the contribution of every member of their staff. The report by the watchdog also concluded that the Cabinet Office was not using the data it holds on staff to manage workforce changes and hold departments to account. The new advisers, who include Paralympic swimming hero Chris Holmes, Director of Paralympic Integration for London 2012, will work to challenge policies and advise ministers and Civil Service leaders on increasing the numbers of people in the workforce from under-represented groups.

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The worldwide demographic timebomb is transforming the workplace

The worldwide demographic timebomb is transforming the workplace 0

older-workers-in-demand-810x540There are a number of reasons why we shouldn’t be drawn into blindly accepting the narrative about Generation Y’s impact on the workplace. It seems the most important is also the least talked about. It is that the workforce is actually ageing in the world’s leading economies. While it may be true that 27 is middle -aged for employees at technology companies, for pretty much everybody else, shifting demographics, longer lives, improving health, falling pensions and changing personal preferences are likely to mean they stay in the workforce for longer. This is true in both the UK and US, where Millennials may make up the largest demographic grouping in the workplace but are still in a minority within an increasingly diverse workforce. The dynamics of these changes are playing out in different ways in different countries, but the forces are essentially universal.

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Top employers for working families praised for flexible approach

Top employers for working families praised for flexible approach 0

Winners of Flexible-working-parentsThe financial sector is well represented in this year’s annual list of Top Employers for Working Families as announced by charity Working Families. American Express, Barclays Bank, Citibank, Deloitte and Lloyds all made the list, while just two public sector organisations Ministry of Justice and Southdown Housing Association were in the top ten. Employers with up to 250 employees that reached the Small Employer’s Benchmark – ranged from law firm Sacker & Partners LLP to Bristol Students’ Union.  To enter the awards, which are sponsored by Computershare, organisations must complete a benchmark survey which examines in detail their flexible and family friendly working policies and practices. As flexible working becomes embedded in more organisations, Working Families is calling on employers to ‘adopt a ‘flexible by default’ approach, to continue the rise in flexible working and help everyone to achieve a work life balance that works for them.’

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