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The Month in Numbers

12

Pet friendly office
Pet friendly office

Only 12% of C-suite executives view exam grades as an important consideration when hiring new employees, claims Kingsley Leadership Academy. A good work ethic (60%) and teamwork (45%) are the most important qualities.

21
Around one fifth (21%) of UK employees have to wait more than a month for expenses to be repaid, reveals new research by expenses software company Expend. More than half (51%) have had to put expenses on a personal credit card or use their overdraft. Almost one third (29%) have had to borrow from friends or family while waiting for expenses to be reimbursed.

31
One in three UK supply chain managers (31%) does not think their business is doing enough to identify slavery in their supply chains. A survey by the Chartered Institute of Procurement & Supply (CIPS) reveals that since the introduction of the UK Modern Slavery Act three years ago only 23% of companies it applies to have undertaken site inspections to check for evidence of slavery or human trafficking.

33
Only one third (33%) of consumers say they are vigilant about password security, with half admitting to keeping passwords on Post-it notes or in their phone because it is easier (source Lifeline IT). One quarter are still using simple passwords like ‘password’ or ‘1234’.

38
Money worries are keeping 38% of people awake at night, claims Equifax. Those aged 25 to 34 are most likely to have sleepless nights because of financial concerns (48%), followed by 18 to 24 year-olds (44%).

46
The nature of retirement is shifting, with 46% of people aged over 65 believing that modern retirement is about redefining how work fits into one’s life rather than ceasing work completely. The motivation to remain in work is not just financial; 59% believe it provides a ‘sense of purpose’ and 58% say their working status is intrinsically linked to their status in society and how they are perceived by others.

56
Over half (56%) of UK SMEs believe that government investment is unevenly distributed in favour of London. While awareness of the Northern Powerhouse grew by 13% to 70% last year, 54% of SMEs are unaware of the Midlands Engine, despite renewed efforts by the Government to champion the region. (source: SME Confidence Tracker, Bibby Financial Services)

82
While most employees (82%) have ideas about how their company could be improved, 34% think their suggestions are not listened to and 18% are afraid to put their ideas forward.

143
UK pet owners spend an average of £143 a year furnishing their office space to accommodate pets (source: interiors etailer Furniture123.co.uk). Pet beds are the most popular purchase for pet friendly offices (38%), followed by food bowls (32%), blankets (31%) and pet treats (29%). Just 5% have a space in their office reserved for pets.

2,460
The average UK household contains £2,460 worth of broken technology and gadgets, claims Laptops Direct. Its research shows that 78% of Brits have a broken smartphone, 62% have a damaged or malfunctioning laptop and 59% have a broken iPad or tablet.

42 million
Kaspersky Lab detected 42 million attacks on mobile devices last year, highlighting the need for businesses to manage corporate mobility and make sure that devices and the sensitive data stored on them are secured in real time from advanced threats. In the second quarter of this year, 33% more mobile users were attacked than in the first quarter of 2018.

9 billion
Local businesses in areas covered by the Government’s rollout of superfast broadband have seen a £9 billion increase in turnover since broadband speeds were boosted. For every £1 invested by the Government and local authorities, the programme has delivered £12.28 of business benefit. (source: The Evaluation of the Economic Impact and Public Value of the Superfast Broadband Programme, Department for Digital, Culture, Media & Sport).

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2018