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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Letters: Some home truths about working away from the office

Category : Business

Technology has dissolved the tie between work and workplace (Report, 2 March); knowledge work is substantially “where you are”. Employers now widely use the notion of work as an activity and not a place to serve their objectives: promoting business at client sites and events; contracting real estate with fewer people in the office; as a productivity lever – getting more done with less time on travel. Less travel is also a win for the corporate social responsibility agenda.

And while remote working also benefits workers, this doesn’t necessarily mean working at home, or at home all the time. A recent international study I undertook on “third place” working (places other than home or “the office”) secured almost 18,000 online responses from over 60 countries, and rich data from 86 interviews in coffee shops, libraries and business centres, showing strong interest in working close to, but away from, home. People report distractions and mindset as inhibiting productive work at home. Equally, they want to ringfence home as family or personal space, as a place for downtime. Working close to home makes their lives more manageable, easing the work-family interface.

This picture is not one of people skiving off. Does Yahoo’s position reflect blind belief that physical presence leads to interaction that becomes collaborative and value-adding? Co-presence does not mean engagement. Today’s options are no longer office versus home. Contemporary working is distributed – across a wider range of locations and settings than any company can provide.
Ziona Strelitz
Director, ZZA Responsive User Environments

• Marissa Mayer’s claim that speed and quality are compromised when employees work away from the office does not resonate with my PhD research on flexible working; a report sent from across the world can reach a colleague as quickly as one sent by email from 10 metres away. Many employees assert they are able to produce better work in a shorter time at home without the distractions of an office environment.

Alexandra Shulman (2 March) says when she works at home she uses the hours she would have taken travelling to do things around the house. But my research did not find this, with employees starting work at the time they would usually be leaving home (or earlier), glad to have more hours to concentrate on the work in hand. And let’s also not forget the rising cost of travel for employees, whether they use private or public transport, as well as the associated carbon footprint. Trust is a fundamental factor and any manager worth their salary should know which employees would struggle if given the freedom to work from home.
Trudi Martin
Knutsford, Cheshire

• Alexandra Shulman shows a lack of understanding of the powerful benefits for businesses and individuals. At O2 we favour flexible working as a way of enabling people to work where they can be most productive. But effective flexible working requires good technology, the right culture and teams who can make it work. Our research shows the benefits go far beyond work-life balance. We saved almost £4m by reducing the size of our head office space and cut its carbon dioxide emissions by 50%.
Bill Eyres
Head of sustainability, O2/Telefonica UK

Talks to continue over TV dispute

Category : Business, World News

European Rugby Cup says a meeting with the RFU and Premier Rugby over the future of European rugby was “productive”.

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QRxPharma Limited (QRXPY: OTC Link) | Home Country News Release – Productive Meeting With FDA Regarding MOXDUO NDA

Category : Stocks

QRxPharma Limited has filed a Home Country News Release – Productive Meeting With FDA Regarding MOXDUO NDA To view the full release click here (link to PDF).

See more here: QRxPharma Limited (QRXPY: OTC Link) | Home Country News Release – Productive Meeting With FDA Regarding MOXDUO NDA

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Green positive on Hampden talks

Category : Business, World News

Charles Green says his meeting with Scotland’s football authorities over Rangers’ future was “productive”.

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High unemployment ‘to damage UK’

Category : Business

The UK unemployment rate will rise to almost 9% by the end of 2012, doing “permanent damage to the UK’s productive capacity”, a think tank says.

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It’s Time to End the 60-Hour Workweek

Category : Stocks

By Matt Cantor, Newser Staff

Putting in a 60-hour workweek may look impressive–but it’s probably not helping the company, or you.

Plenty of studies back this up, writes Geoffrey James at Time, who points to a turn-of-the-20th-century analysis by Ford Motor Company that concluded the most productive number of weekly hours for workers was 40. Another 20 hours briefly increased productivity, but after just three to four weeks, it actually made workers less productive. The same is true of extended workweeks today, writes James.

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The Three Wedges That Separate Workers From Their Pay

Category : Business

American workers have become much more productive since the early 1970s, but the gains are not reflected in their pay.

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Johnson meets with Kings owners

Category : World News

Sacramento Mayor Kevin Johnson met with Kings co-owner George Maloof on Friday in Las Vegas in an attempt to revive talks about a new arena for the NBA team.
“The first thing to say is that we had a productive meeting,” Johnson said Friday night at halftime of the Kings-Thunder game. “I thought it was important to keep the lines of communication open. In the spirit of Sacramento, if anything is going to be productive, we have to communicate.”

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Novak demonstrating he deserves place in NBA

Category : World News

Milwaukee is just about the only place New York Knicks forward Steve Novak would draw more TV cameras than far more famous teammate Jeremy Lin.
Novak may have been buried in the avalanche of Lin hype, but the former Marquette star quietly is proving he deserves a place in the NBA. After bouncing around among four teams in his first five seasons, Novak finally has found a productive home in Mike D’Antoni’s high-octane offense.

See the article here: Novak demonstrating he deserves place in NBA

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