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Technology jobs fall by half in six months
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Technology jobs fall by half in six months

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technology jobsA new analysis of the UK’s job market claims there were 52 percent fewer available jobs listed for professionals with technology skills at the end of 2019, compared to six months earlier. Accenture’s UK Tech Talent Tracker analysed data from LinkedIn’s Professional Network. This shows 78,000 job vacancies advertised that require skills in emerging technologies, down from 162,000 last June. This decrease was driven by a 64 percent reduction in the number of advertised jobs for data analysts. (more…)

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New EU AI strategy focuses on ethics
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New EU AI strategy focuses on ethics

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AIThe 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…)

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Move to freelancing improves quality of life
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Move to freelancing improves quality of life

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freelancingNine 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…)

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Firms doing too little to tackle employee data breaches
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Firms doing too little to tackle employee data breaches

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data breachesInsider 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…)

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The love of natural born leaders can come at a cost
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The love of natural born leaders can come at a cost

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leaders eh?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…)

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Employees use only fraction of their knowledge at work
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Employees use only fraction of their knowledge at work

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knowledgeEmployees 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…)

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Smart cities investment to rise by a fifth in 2020
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Smart cities investment to rise by a fifth in 2020

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smart citiesGlobal 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…)

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Outer-city coworking cuts carbon and commuting
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Outer-city coworking cuts carbon and commuting

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coworkingEach 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…)

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More women on boards but progress remains slow
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More women on boards but progress remains slow

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women on boardsSlow 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…)

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London office rents to rise due to “Boris bounce”
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London office rents to rise due to “Boris bounce”

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London office rentsRents 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…)

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No trade deal Brexit would cost UK £37bn in lost output by end of 2022
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No trade deal Brexit would cost UK £37bn in lost output by end of 2022

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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…)

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Public sector hiring intentions at 12-year high
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Public sector hiring intentions at 12-year high

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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…)

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