Monthly Archives: September 2020

Pandemic Prompts Work-Life Overhaul For World’s Business Leaders

Worklife Daily_Pandemic Prompts Work-Life Overhaul For World's Business Leaders

Click to read: Pandemic Prompts Work-Life Overhaul For World’s Business Leaders

Source: PR Newswire

Snippet: Bupa Global’s Executive Wellbeing Index reveals that 94% of global executives are planning a major overhaul of their work-life balance.

Over half do not plan to return to the same fast pace of life; one in three intends to work from home permanently, and one in five will even work from their holiday home. While over a quarter (26%) will stop all business travel for 12 months.

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Boardroom Executives Work-Life Balance – Executive Wellbeing Index

BOARDROOM EXECUTIVES WORK-LIFE BALANCE - EXECUTIVE WELLBEING INDEX

Global executives now favour the home-boardroom in order to be able to recalibrate Work-life balance. Bupa Global launched its Executive Wellbeing Index on 28 September 2020. It is the first report of its kind to look at the impact of the coronavirus pandemic on global business leaders and wealth creators. These are the executives who will shape the post-COVID world.

The new research, was commissioned among almost 2,000 high net worth individuals (HNWIs) and senior executives based across Europe, North America, the Middle East and Asia, in seven key regions. It highlights the extensive physical, emotional and economic fallout the pandemic has brought about.

And importantly, it examines how this unprecedented event will bring about changes that will shape the future of business, how we balance work and home life, and attitudes to wellbeing and mental health.

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Boardroom Executive Wellbeing Index – Key Highlights and Findings

Key findings from the Index include:

Mental Health Toll on Boardroom Executives

The mental health toll of the pandemic on HNWIs around the world has been high. Seven in 10 experienced poor mental health during this time – rising to eight in 10 business leaders.

For many, this was a new experience. But nearly a third of HNWIs delayed seeking help due to the pandemic – rising to 40% at boardroom level.

Re-calibration Of Focus On Wellbeing And Work-Life Balance

Vast majority of HNWIs and heads of business will be initiating shifts to re-calibrate work-life balance. This is to enable greater focus on overall wellbeing, and prevent health issues in the future for themselves and those they work with.

A Change to Working From Anywhere

Over half of board-level executives are planning not to return to the same fast pace of life. And nearly a third will continue to work mostly from home, some even working permanently from their holiday homes.

Others plan to manage down their hours (24%), spend more time with family and friends (36%), as well as cut down on travel, both for personal and environmental reasons.

A Shift To Preventive Healthcare

To prevent future health issues, executives intend to take more regular exercise (38%), maintain a better diet (32%), and make more time for meditation and mindfulness (30%).

Nearly a third will actively focus on adopting more preventative healthcare such as regular health checks, supplements and vaccinations.

Changes To Workplace Practices Towards Better Mental Health And Wellbeing

The pandemic has acted as a catalyst for change in the workplace, including greater investment in technology to enable flexible working (29%), fewer face to face meetings (25%) and decentralised teams (17%).

One in four executives commits to providing more or better mental health and wellbeing support for colleagues.

Preventative Care And Investment In Local Public And Private Healthcare Systems

Six in 10 global executives also shared that their attitudes towards their local public and private healthcare systems have improved during the COVID-19 pandemic. Seven in 10 are planning to purchase private medical insurance in the next 12 months.

They are expecting greater emphasis on preventative care (including maintenance of good mental health) as well as supporting mental ill-health.

Myfwl/Work Life Feed has adapted the write up for our readers. Click here to view the original write up at www.bupaglobal.com

Business Lunch Will Be Back – Zoom Can’t Replace Everything

Worklife Daily_BUSINESS LUNCH WILL BE BACK - ZOOM CAN'T REPLACE EVERYTHING

Click to read: Business Lunch Will Be Back – Zoom Can’t Replace Everything

Source: Washington Post

Snippet: For white-collar workers, so much of work life in the past six months has gone virtual. We Zoom and Slack our way through interactions that used to happen in conference rooms and in cubicle huddles. But there is no online substitution for the essential function of the business lunch, which is to put humans in face-to-face contact in a relaxed, neutral setting.

Business lunches will no doubt become less frequent as more people work from home, but they may take on more importance.

There are some kinds of tasks, projects and periods of time where in-person collaboration is optimal. Organizations are going to be much more deliberate to create face time for them. Some business lunches will be in that category. People will reserve a special place for them.

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Be Honest: You Miss Your Co-Workers

Be honest you miss your co-workers

Click to read: Be Honest: You Miss Your Co-Workers

Source: Entrepreneur

Snippet: Be honest, you miss your co-workers even though working from home (WFH) has its benefits. Working remotely can feel too remote, almost like being stranded on a deserted island.

Particularly in Western culture, our professions are synonymous with how we identify ourselves. Even with this outsized importance placed on only one aspect of our lives, we still fail to recognize just how important those other people in our profession are to our mental and emotional wellbeing. Love them or hate them, your co-workers do you a great service in helping you meet one of your basic human needs: social interaction.

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We Are Living, Breathing Role Models

WE ARE LIVING, BREATHING ROLE MODELS

A role model battle, but not merely between right and wrong. We are living it, but rarely know it.

“We are living, breathing role models – not just in what we say, but what we do”

– Former First Lady Michelle Obama
My battles are mine, but the impact is ours
A raging storm within, the outburst without
Who dare touches the flaming fang in its glory?
We are living it, but rarely know it, don't we?
We are breathing it in, no one sees the exhale
My choices are mine, but the impact is ours
A selfish lure of desire, the denial of rights
Who can still or hold the raging force of pride?
We are living it, but rarely feel it, shouldn't we?
We are breathing it in, no one dies, it is okay 
My fears are mine, but the impact is ours
A dark clingy wrap, a limiter to full existence
Who is brave to shine me, in my fearful distress?
I am not living it, and I know and feel it, do I?
I am breathing, not in, no one to guide as a model.

“Being a role model is equal parts being who you actually are and what people hope you will be.”

– Meryl Streep

We are living, breathing role models, but rarely know it. We are in role model battle, but not merely between right and wrong.

You may like, Michelle Obama Talks About Failure, Work-Life Balance

Finally according to Maya Angelou in the mentors magazine 70 role model quotes, “each of us, famous or infamous, is a role model for somebody, and if we aren’t, we should behave as though we are — cheerful, kind, loving, courteous. Because you can be sure someone is watching and taking deliberate and diligent notes.”

I Don’t Want To Be A Role Model

Living life as me is enough of an headache. Making it through each day just for me is a stress I have to overcome daily. But life thrust some responsibilities, some of my making, others, are just life demands.

I cannot just live the way I want. If just for the kids in my life, not mine alone, either I even have one or not. I may be stressed, feel cheated or stepped on. But I have to put in enough control in all circumstances, because someone is looking at me; beyond my teaching instructions on living. Therefore, I have a big responsibility to be a good role model for your kids. And by the way, that includes your neighbors kids, the kid to your friend, relations and enemies.

If I don’t have a choice, you too don’t. The life, environment and world that we build, is where we all have to live in.

LinkedIn Is Now Having Work-Life Integrations

LinkedIn launches Stories, plus Zoom, BlueJeans and Teams video integrations as part of wider redesign

As the world continues to struggle with Covid-19, the employment market remains sluggish. Layoffs and furlough’s are still the other of the day. And those who have survived either are still managing the guilt therefrom. LinkedIn that has built its popular businesses largely around recruitment is redesigning the platform to prepare for the future.

The company is launching a redesign that pushes engagement in other ways as it waits for the job economy to pick up. The wraps is been taken off a new redesign of its desktop and mobile apps, its first in four years. And within that, LinkedIn is introducing several new things starting in the US and Canada, and then expanding globally.

LinkedIn, the Microsoft-owned site is rolling out its own version of Stories — the popular, ephemeral video and photo narratives. The same format that have become a major engagement engine on Snapchat, Instagram and Facebook.

It has also updated its direct messaging service with several new features like video chat. And rebuilt its search feature to net in a wider set of parameters.

The Message To LinkedIn’s User Base Is This: We Can Be Useful In Other Ways.

LinkedIn has been working on ways to make itself and its job tools particularly relevant to people in the last eight months. Job posting has really slowed down of late, and the recruitment network hasn’t been used very well by its 706 million registered users.

LinkedIn will very much hope to continue being a recruitment go-to, but the rolled out changes is the company’s demonstration of its other purposes.

LinkedIn’s Diversification To Bring In Social Network Conversations Style And Format

“The effort didn’t start with Covid, but over the last few years we’ve tried to diversify, by bringing the social network and conversations aspects of our platform to the forefront,” and Kiran Prasad, LinkedIn’s VP of product, in an interview.

Stories have been one of the most notable developments across all social media in recent years. So it’s not too much of a surprise to see LinkedIn also jumping on the bandwagon.

It started testing them about a while ago in a handful of countries — Brazil, Netherlands, UAE, Australia, and France. The company said that “millions” of Stories have been shared in that time, across hundreds of thousands of conversations. As you would expect, the subjects focus more on things like work life, and influencer types speaking to their LinkedIn audiences in a more engaging format.

For now, Prasad said that there are no ads in these, but the plan will be to bring these in eventually.

Messaging, meanwhile, has been one of the more popular services on LinkedIn, allowing for more private conversations between connections and would-be contacts.

Voice Of Esau, Body Of Jacob – LinkedIn Integrates With Teams, Zoom, And Bluejeans

LinkedIn is also announcing integration with Zoom, BlueJeans, and Microsoft’s Teams for video chats.

Alongside that, it is also bringing in the ability to recall, delete and edit messages. Users will also be able to respond with emoji’s, and tools that flag incendiary and other harassing content.

The search updates will improve how people engage across the platform. Search results will now include not just people and companies, but jobs, courses, events and other content. Ultimately, “making it easier for members to find what they need, and also explore other aspects of LinkedIn they may not have known existed,” in the words of new CEO Ryan Roslansky.

Keywords will still be king. But if you search on a word like “Java,” he said, results will include not just people with that skill, but jobs, courses, groups and, yes, Stories, focused on it.

Not Cold Lukewarmness, But Warmth – You Cannot Spew LinkedIn Out

The focus of the redesign, is best described as a shift to more “warmth.” The company is shifting to less of the cold “LinkedIn Blue”, to bigger lettering for more accessibility, and more images with less text.

We may still be in the knowledge economy, but LinkedIn’s new approach seems less intent on trying to remind you of that. Indeed, as work and home life become one for many of us, so too is LinkedIn trying to cross that chasm itself. LinkedIn may now be having work-life integration.

Myfwl/Worklifefeed re-adapated the write up for our readers. Click here to view the original write up at techcrunch.com

I Need To Take A Holiday From Planning My Holiday

Worklife Daily_I NEED TO TAKE A HOLIDAY FROM PLANNING MY HOLIDAY

Click to read: I Need To Take A Holiday From Planning My Holiday

Source: The Guardian

Snippet: The day before my friends and I were due to leave for our UK holiday, the host of the Airbnb cancelled. It was a dark, yet fitting end to our simple holiday dream of five best girlfriends in a cottage, tipsily affirming each other with internet slogans (“You do you, hunny!”) and bonding through collective eye-rolling at men.

Although it does mean that my cottage retreat will have to wait a little longer: I’m taking a holiday from planning the holiday. Even travel agents need a break.

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Work-Life Balance Scoreboard. Gender Equality Index

Work Life Index - WORK-LIFE BALANCE SCOREBOARD. GENDER EQUALITY INDEX

EU Gender Equality Index 2019 focuses on work-life balance. This is an issue of high political importance in the EU. In addition to work-life balance related indicators captured by the Index (e.g. in the domains of work, time and knowledge), the thematic focus presents additional indicators — a EU Work-Life Balance scoreboard (WLB scoreboard).

The EU WLB scoreboard cuts across three broad areas: paid work, unpaid work (care) and education and training.

It presents 15 indicators in six specific areas of concern: parental leave policies; caring for children and childcare services; informal care for older persons and persons with disabilities and long-term care services; transport and infrastructure; flexible working arrangements; and lifelong learning.

EU WLB Scoreboard

Browse the the publication for EU Member country-specific data and analysis in the six specific areas of concern. 

WLB Scoreboard, Standard Of Living And Quality of Life

You may be wondering, what is the relevance of a WLB scoreboard to your life? You need to understand that our Work-Life is not structured, influenced or defined only by the policies and culture of the organisation that we work for. While some companies are ahead, focusing on the future of work, many others take guidance from country specific legislation.

Many extraneous circumstances, not a few that are outside our individual control and influence, impacts our daily life or work-life. We all want an improvement to our standard of living and work environment. But this most often happen in the context of the country we reside.

But when we work with others, we can exert more influence to make our individual quality of life aspirations achievable.

Now think of this, what will your life likely look like as a male or female in the country where you live or work? How much can the country’s WLB score or Gender Equality Index affect you; and your effort to have a great life experience for your self?

Where your personal standard of living is above the average for your environment, there is always something that you can contribute to lift others up. After all, living a life that positively impacts others, contributes to our own well-being.

When next someone ask you, what does your life look like as a male or female living in Norway or Lithuania for example, or in what areas do you want to improve your life? You can now look beyond your personal circumstances or local environment and use a wider context to explain or plan.

What Does Your Life Look Like As A Male Or Female

Gender Equality Index_What Does Your Life Look Like As A Male Or Female

This gives a general overview of what life can be for you as a man or woman in the European Union.

For example, as a Woman from Netherlands, you live in a country where 73% of women have experienced sexual harassment.

On average, a woman is likely to earn 1806€ every month, while a man is likely to earn 2963€.

Check, Define Gender Equality Index

Progress In Gender Equality In European Union Since 2005

The EU is closest to gender equality in the domains of health (88.1 points) and money (80.4 points). Gender inequalities are most worrying in the domain of power (51.9 points). Nevertheless, the score in this domain has improved the most since 2005 (+ 13 points), due to progress in nearly every Member State.

Although the EU has progressed towards gender equality, developments are uneven between Member States. Sweden (83.6 points) and Denmark (77.5 points) are consistently the most gender-equal societies. Greece (51.2 points) and Hungary (51.9 points) have the longest way to go. Italy and Cyprus have improved the most (+ 13.8 points and + 10.4 points), while Lithuania is the only country not to have made any progress in gender equality since 2005.

In some domains, progress has slowed, stalled or even regressed. Th EU is still far from the finish line.

Planning For A Better Life

When next someone ask you, what does your life look like as a male or female living in Cyprus or Sweden for example, or in what areas do you want to improve your life? You can now look beyond your personal circumstances or local environment and use a wider context to explain or plan.

The EU Gender Equality Index 2019 focuses on work-life balance and has a work-life balance scoreboard.

Click here for EU Work-Life Balance Scoreboard.

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Grappling with childcare while working from home? How employers plan to help

Worklife Daily_GRAPPLING WITH CHILDCARE WHILE WORKING FROM HOME_HOW EMPLOYERS PLAN TO HELP

Click to read: Grappling With Childcare While Working From Home? How Employers Plan To help

Source: CNBC

Snippets: As employee benefits enrollment season rolls in, companies are weighing new ways to accommodate working parents.

About 4 out of 10 large companies polled by benefits consultancy Willis Towers Watson said they believe the programs they currently have in place do an effective job of supporting these employees. About half of these firms will allow workers to lower their working hours without reducing their benefits. Meanwhile, 76% of companies permit reduced hours at a reduced salary.

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