New study reveals industries most likely to be subject to digital disruption this year

New study reveals industries most likely to be subject to digital disruption this year

A new survey of British and American IT decision makers claims to reveal which industries are most and least likely to be subject to digital disruption in 2018. The study, Digital Disruption: Disrupt or Be Disrupted (registration required), also claims to identify the qualities of companies most likely to be disruptors, and concludes that cloud technology is the new key to digital transformation. The report, based on interviews with more than 300 respondents in the United States and the United Kingdom found that 50 percent of IT stakeholders think they are leaders and will disrupt, while 50 percent feel they are behind and will be disrupted by the competition in 2018. By industry, more telcos (65 percent) and technology (65 percent) companies predict they will be disruptors, while 17 percent of IT stakeholders working for government and non-profit organisations worry they will be disrupted.

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Flow of gig workers moving in and out of Britain will increase due to Brexit

Flow of gig workers moving in and out of Britain will increase due to Brexit

Flow of gig workers moving in and out of Britain will increase due to BrexitUK businesses are already one of the top employers of short contract “gig workers” at an international scale and with Brexit just around the corner,  a new survey commissioned by Graebel and carried out by Wakefield Research found that 97 percent of UK Millennials would be interested in relocating to another country for a contract job. After Brexit takes place, nearly three in five (58 percent) British gig workers are more likely to relocate from the U.K. to another EU country for a contract job, and 72 percent of British Millennials answered the same way. Gig workers in each of the top three gig economy markets (UK, US and Singapore), were asked how companies can cater for the needs of this new generation of workers and how to retain their top talent. New York (33 percent), Los Angeles (21 percent) and Paris (21 percent) are the top three picks for UK gig workers looking to relocate. On the other hand, London is still the top choice for US gig workers (33 percent) and second choice for gig workers in Singapore (26 percent).

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Nearly half of workers blame technology issues as top reason for lack of productivity

Nearly half of workers blame technology issues as top reason for lack of productivity

Nearly half of workers blame technology issues as top reason for lack of productivityEight in ten workers use their personal smartphones for work purposes to make their jobs easier as almost half report wasting 10 minutes per hour in their working day due to their employers’ ineffective technology. According to the 2018 Connected Worker survey from Deloitte – just under half (49 percent) of respondents said they waste an average of ten minutes for each hour worked, in a median 35-hour week. Of the reasons given, 44 percent cited issues with technology, such as non-working or lack of devices as the main reason for not being productive at work. Workers compensate for the lack of employer provided technology with their own devices, with eight in ten (81 percent) already using their personal smartphones for work purposes. Over half (54 percent) of the workers feel they have the skills to use more technology at work.

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Employers needs to do more to support working families

Employers needs to do more to support working families

Tackling unsupportive workplace cultures is crucial in helping parents achieve a better work life balance, according to a new study from lobby groups Working Families and Bright Horizons. The 2018 Modern Families Index: how employers can support the UK’s working families, published by work life balance charity Working Families and Bright Horizons, claims to expose the limitations of policies like flexible working, whilst unsupportive workplace cultures remain in place.  Many parents feel compelled to work far beyond their contracted hours to meet managers’ expectations and to progress in their careers, according to the report. When parents were asked how they felt about their employer in terms of work-life balance, over a third (34 percent) of parents said they felt resentful, with more fathers than mothers agreeing (37 percent vs. 32 percent). Millennials were the most resentful; 46 percent of millennial fathers felt resentful, the highest proportion of any group of parents.

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New report aims to increase use of modern flexible working practices to improve lives of employees

New report aims to increase use of modern flexible working practices to improve lives of employees

flexible working

Businesses are being urged to increase their use flexible working practices in a bid to improve the lives of staff and end gender discrimination in the workplace. According to the report, A Manifesto for Change: A Modern Workplace for a Flexible Workforce, one of the main barriers to gender equality is employers’ reluctance to adoptnon-traditional working practices. The report calls on employers to embrace flexible working. The report from Timewise and Deloitte sets out a five point action plan, which it claims will enable UK businesses to bring about the change needed to address ‘outdated’ working practices. The plan is based on findings from a a survey of almost 2,000 professional workers, 92 percent of whom are women, as well as interviews with UK business leaders.

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New religion and belief guidance from Acas aims to help prevent discrimination at work

New religion and belief guidance from Acas aims to help prevent discrimination at work

New religion and belief guidance from Acas aims to help prevent discrimination at work

New guidance on religion and belief in the workplace has been published by Acas. It is intended to help ensure businesses are following the law when it comes to managing staff that have a particular religion, belief or indeed don’t hold any beliefs. The guidance offers employers essential advice on how to comply with the Equalities Act, which protects employees against discrimination based on religion and belief. The new guidance for employers and employees sets out to explain what religion or belief discrimination is, how to avoid it and includes advice on what the law says about religious dress codes, fasting and time off for religious festivals or holidays.

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Report calls for more support for working carers, including flexible working

Report calls for more support for working carers, including flexible working

office design and facilities managementThe UK’s Work and Pensions Committee has published a report detailing recommendations on how working carers can be better supported by both employers and the government. This includes proposals to make the right to request flexible working available from an employee’s first day. The report, Employment support for carers: thirteenth report of session 2017-19, seeks to offer advice on how working carers can be better supported to remain in or enter employment. The report covers recommendations for the existing state benefits system around the carers’ allowance, potential changes to employment policies and also how the government can act as a model employer in this space.

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UK technology sectors continues to outpace rest of the economy, and not just in London

UK technology sectors continues to outpace rest of the economy, and not just in London

The UK’s digital technology sector continues to grow faster than the rest of the economy, according to the latest Tech Nation Report for 2018. Turnover of digital tech companies grew by 4.5 percent between 2016-17 compared to UK GDP which grew by 1.7 percent over the same period. This means that the tech sector grew at 2.6 times faster than the rest of the economy. At the same time the number of jobs in digital tech rose five times the rate of the rest of the economy, demonstrating how the digital tech sector is one of the best performing sectors in the UK economy. 2017 proved to be an amazing year for the UK digital tech sector with some of the biggest fundraisings and exits seen in years, as international investors flocked to fund UK-based firms, according to the report. British digital tech companies raised £4.5bn in venture capital investment during the year, almost double the previous year.

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Overall wellbeing of UK continues to increase, according to official data

Overall wellbeing of UK continues to increase, according to official data

smiley coffee

New government statistics suggest that the general wellbeing and happiness of the UK population has increased over the last twelve months. According to the Office for National Statistics’ annual report on wellbeing, Britons are more contented now than at any point since the study was first published seven years ago. The latest report is based on an analysis of responses to the ONS, which asked people to rank out of ten how happy they were on the previous day, to what extent they regarded their lives as worthwhile, how satisfied they were with life, and how anxious they were generally. For 2017, average happiness was calculated at 7.53 out of ten, living worthwhile lives at 7.88, and life satisfaction at 7.69. There was no significant change in anxiety levels, which currently average at 2.91 out of ten, the ONS said.

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Office take-up in London at highest point in last 12 months, boosted by pre-let activity

Office take-up in London at highest point in last 12 months, boosted by pre-let activity

Office take-up in London at highest point in last 12 months, driven by pre-let activityCentral London commercial offices under offers are at the highest point in the last 12 months and take-up is ahead of 2017 levels compared with this point last year, new data from CBRE has shown.  Central London office take-up for April 2018 stood at 547,900 sq ft, largely driven by pre-letting activity. Office take-up for the year to the end April 2018 was 4 percent higher than the corresponding period in 2017, standing at 3.4m sq ft. Take-up was boosted by 139,600 sq ft of pre-letting activity. Over the last 12 months, the business services sector has represented the largest proportion of take-up at 32 percent, driven by a large number of deals to flexible office providers. Take-up in April was dominated by the creative industries sector, accounting for 44 percent of take-up. The banking and finance sector (26 percent) and the business services sector (21 percent) also represented notable proportions of take-up in April.

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Employees’ overwhelming view is they are being held back from developing their career

Employees’ overwhelming view is they are being held back from developing their career

Employees' overwhelming feedback is they are being held back in developing their career

Half (49 percent) of UK workers believe their current job offers little to no chance for career progression and out of 1,000 UK workers asked about the state of their career progression including the prospects for advancement, not one felt they had the right level of support from managers. The survey by Qualtrics claims that just 7 percent believe there is a great deal of opportunity to progress their career in their organisation. It’s a marked difference from October 2017, when the number of employees saying they had a significant opportunity for career progression was 17 percent. The research suggests the pessimistic outlook could be down to a lack of acknowledgment and support at work. Of those claiming to have little or no opportunities for career progression, the data found that 71 percent are given little to no change to trying out new things that interest them, all of them (100 percent) say they don’t receive the right level of support from managers and 49 percent rarely receive consistent acknowledgement for doing good work.

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Bosses warned about major leadership changes in a tech-driven economy

Bosses warned about major leadership changes in a tech-driven economy

Bosses warned about major leadership changes in a tech-driven worldWith companies holding ever greater amounts of data and facing heightened scrutiny through social media, employers need to consider the wider implications of their business decisions. This was the message of the President of the Chartered Management Institute (CMI), who has warned business leaders and students in Birmingham of the challenges facing bosses in the rapidly evolving tech and data-driven economy. Speaking at the annual MacLaren Memorial Lecture at Aston University, Bruce Carnegie-Brown told the 200-strong audience that the digital revolution is having a transformative effect on the priorities of business leaders, which pose new management challenges. “The growth of social media has made an invaluable contribution in democratising the control of information, he said by, “increasing transparency through universalising access to data and doing it in real time”. Carnegie-Brown, who is also the chairman of Lloyd’s of London, added: “With information more accessible than ever before, those that own or collect data find themselves with huge amounts of power – both social and commercial. But with great power comes great responsibility and balancing these two forces is the greatest leadership challenge of today’s generation of business leaders.”

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