Workplace
DIGITAL DISTRACTION
GENDER GAINS
Female leaders boost bottom line
COMPANIES WITH more women executives are more profitable, says the US-based Peterson Institute for International Economics. It surveyed 21,980 firms from 91 countries and found a correlation between the number of women executives and company earnings. According to the study’s authors, “This correlation could reflect either the payoff to non- discrimination or the fact that women increase a firm’s skill diversity.” — TS
MANAGERS A MUST So much for holacracy Will the real tech-addicted generation please stand up?
MILLENNIALS HAVE A BAD RAP for constantly checking their phones and electronic devices, but it turns out they aren’t the worst offenders. More than half (52%) of those between the ages of 50 and 64 and 45% of those aged 35 to 49 say they’re distracted by their devices during mealtimes, compared with 40% of those between the ages of 21 and 34, according to a global survey by research company Nielsen. Even those who are 65 or older are more likely than young folks to be preoccupied with technology, with 42% saying they bring their devices to the table during meals. — Tamar Satov
HARD COPY HABIT Paperless by 2018?
CANADIAN COMPANIES are closer to going paperless than their global counterparts, according to a report from Xerox. In a survey of 600 IT executives from the US, Canada and Europe, 44% of Canadian respon- dents said they will fully digitize seven key business processes — invoicing, contracts, customer en- gagement, HR onboarding, new product development and vertical and operational processes — within the next two years, the highest across all countries polled. Still, more than half (55%) of global respondents say their company processes are still largely or entirely paper-based. The key reasons Canadian executives cite for printing documents are hard copy reference (69%), signatures (65%) and sharing (48%). — TS
A BAD MANAGER is better than no manager, according to Gallup. It suggests that the employee exodus experienced by online shoe retailer Zappos aſter it eliminated its manage- ment hierarchy last year “makes clear that managers have a vital place in an organization.” Gallup found engagement rates plummet to a mere 2% when employees are ignored by their managers — compared with 45% for teams led by ineffective managers who focus on weaknesses and 61% for teams led by talented managers who focus on strengths. — TS
DEADLINE DREAD I’d rather be travelling
THIS PROBABLY comes as no surprise coming off tax season: deadlines are a top source of work stress for professional and business service workers. In a CareerCast poll of 834 workers in different industries, the most common factors influencing job stress were unpredictability (26%), workplace environment (21%) and deadlines (20%). Travel was rated the least stressful, with just 1% of the response. — TS
MAY 2016 | CPA MAGAZINE | 15
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