February 20, 2020
The European Commission has put forward a strategy to promote the development of AI and robotics while putting people first and defending European values and rights. The strategy acknowledges that AI can open up new opportunities for businesses and bring solutions to challenges such as climate change. However, it aims to address the social, legal and ethical impact of new technology. More →
February 20, 2020
Nine in ten freelancers in the UK feel the move to freelancing has improved their quality of life, a survey has claimed. Almost half of those surveyed by Dinghy stated that the best thing about freelancing is the flexibility – the ability to work when, where and with whoever they want. On the downside, almost all respondents (98 percent) admitted checking emails and projects in their time off. Many felt they have to work above and beyond what is called for to make a good impression, with nearly a third saying they “overserve” all their clients by consistently overworking and undercharging. More →
February 20, 2020
Insider data breaches are a major concern for 97 percent of IT leaders, according to new research. About three quarters believe that employees have put data at risk in the past 12 months accidentally (78 percent) or intentionally (75 percent). When asked about the implications of these breaches, more than two in five said financial damage would be the area of greatest impact. More →
February 19, 2020
The inherent preference employers have for candidates with natural leadership ability could have a negative effect on their organisation, according to new research by Rotterdam School of Management, Erasmus University (RSM). The study, On Leading and Managing: Synonyms or Separate (and Unequal)? published in the Academy of Management journal suggests that firms tend to choose leaders over managers regardless of their culture and needs. More →
February 19, 2020
Employees use just 38 percent of their knowledge and expertise at work, meaning organisations are failing to unlock even half of the brainpower of their people, research has claimed. According to the survey of more than 1,000 UK and US “knowledge workers” by Starmind, 90 percent of employees want more opportunities to share knowledge and expertise and three quarters believe their organisation would benefit from accessing more of their expertise. More than 6 in 10 respondents feel they could contribute more but don’t know how, while nearly two-thirds say they have knowledge their organisation isn’t aware of or doesn’t capitalise on. More →
February 19, 2020
Global spending on smart cities initiatives will total about $124 billion this year, an increase of nearly a fifth on 2019, a new report suggests. The largest share of investments (one third) is currently in more advanced electricity and gas systems. Visual surveillance, advanced public transportation, intelligent traffic management and connected back office systems follow, representing more than half of spending. More →
February 18, 2020
Each flexible coworking space created in a smaller town or suburban area reduces carbon emissions by an average of 118 tonnes a year thanks to shorter commutes, an international study has claimed. By allowing people to work closer to home, one coworking space saves the employees based there a total of 7,416 commuting hours per annum on average, the research by independent economists commissioned by Regus says. This not only helps businesses to reduce their carbon footprint but can improve employees’ wellbeing and work-life balance. More →
February 18, 2020
Slow progress is being made towards more women on boards across Europe and less gender pay disparity, a study has suggested. According to Korn Ferry’s latest ‘Non-Executive Directors in Europe’ report, the proportion of women on boards increased to 34 percent in 2019, up from 32 percent in 2018 and 30 percent in 2017. The number of committees without any female directors fell, with 19 percent of audit committees (down from 24 percent) and 25 percent of remuneration committees (down from 29 percent) being all male. More →
February 18, 2020
Rents for new, Grade A office space are likely to rise in many parts of London this year, a property consultancy has predicted. According to Carter Jonas, rents for prime located, new, mid-rise, Grade A space above 5,000 sq ft will typically increase by £1.50 – £2.50 per sq ft per annum by the last quarter of 2020 across most of the London office sub-markets. The forecast increases are being underpinned by continued low vacancy rates and unexpectedly strong demand as business confidence increases following the general election. More →
February 17, 2020
UK GDP will be £37bn lower by the end 2022 if there is no trade deal with the EU by the end of this year than if trade talks continue beyond the government’s deadline, a report has claimed. The research by Oxford Economics (registration required) also predicts that financial markets would react negatively to a ‘no trade deal Brexit’, with sterling depreciating by 5 percent against the dollar in late 2020. It would drop around 3.5 percent against the euro, as the eurozone would also face reduced growth in this situation. More →
February 17, 2020
An increase in hiring intentions among public sector employers looks set to support further employment growth in the UK, according to a report from the CIPD and the Adecco Group. The latest quarterly Labour Market Outlook survey suggests that public sector employment growth is expected to increase in line with the private sector for the first time since 2008. More →
February 14, 2020
Nearly six in 10 British workers (58 percent) worry about disappointing their manager, with more than a third (36 percent) saying they rely on praise from their boss to help boost their confidence at work, a survey has claimed. CV-Library surveyed over 2,000 UK professionals for the study, which also suggests the younger generation are most likely to worry about letting their boss down (83 percent of under 18s and 62 percent of 18-24 year olds), while only 53 percent of 55-64-year olds are concerned about this. More →
