SMEs turn to AI and acquisitions to navigate an uncertain future

SMEs turn to AI and acquisitions to navigate an uncertain future

by • AI, Business, News, Technology

More than half of all business leaders (55 percent) believe that the overall economic conditions in the UK and Ireland have worsened compared to a year ago.  Yet, 58 percent of SMEs anticipate an increase in their firm’s sales revenues over the next 12 months; while nearly half (47 percent) expect profitability to improve within a year and 47 percent of SMEs are confident that their firm’s total number of employees will grow in the next 12 months. Business leaders are planning to invest more in AI and acquisitions to help them navigate an uncertain future. More →

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

New study reveals deteriorating employee wellbeing and eroding trust in employer efforts

by • News, Wellbeing • Tags: ,

WellbeingA new study from Alight reveals that 64 percent of the UK workforce would rate their overall wellbeing as low. This comes at a time where economic headwinds, budget cuts and remote work has created a feeling of uncertainty in the UK workforce, heightening the urgency for employers to act fast or compromise employee wellbeing.

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Eighty percent of hybrid workers feel anxious about attending day-to-day work meetings

Eighty percent of hybrid workers feel anxious about attending day-to-day work meetings

by • Flexible working, News, Technology

A survey of 2,000 hybrid workers and reveals that 8 in 10 people often feel anxious or worried about attending day-to-day work meetingsA new report based on a survey of 2,000 hybrid workers and remote employees reveals that 8 in 10 people often feel anxious or worried about attending day-to-day work meetings. The white paper titled Zoomed In, Zoned Out [registration] has been released by Craft Docs, and reports on hybrid and remote workers’ attitudes towards business meetings and other daily workplace processes in 2023. More →

An uncertain world, but CEOs remain broadly bullish about the future

An uncertain world, but CEOs remain broadly bullish about the future

by • Business, Flexible working, News, Technology

Geopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businessesGeopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businesses. The KPMG 2023 CEO Outlook claims that geopolitics and political uncertainty have become the leading perceived risk this year for senior executives – concerns that didn’t even make the top five in the 2022 survey. More →

Generative AI will outperform humans on traditional recruitment processes

Generative AI will outperform humans on traditional recruitment processes

by • AI, News, Technology, Workplace

The use of Generative AI is common with around seven in ten of younger people set to use it to complete job applications and assessmentsA new report from Arctic Shores, a psychometric assessment provider, claims that the use of Generative AI is already common among students, younger workers and job applicants, with around seven in ten of 2,000 respondents to a survey expecting to use ChatGPT while completing a  job application or assessment over the next 12 months, and 17 percent already using it.  With 72 percent of students and candidates using some form of Generative AI on a regular basis – a number that has increased by 50 percent in just four months – the implications for employers and talent acquisition leaders are profound, the report argues. More →

BCO Awards dominated by South East offices yet again but Glasgow office takes top spot

BCO Awards dominated by South East offices yet again but Glasgow office takes top spot

by • News, Property, Workplace design

Barclays’ Glasgow campus was celebrated as the Best of the Best at the British Council for Offices BCO AwardsBarclays’ Glasgow campus (pictured) was celebrated as the Best of the Best at the British Council for Offices (BCO) National Awards last night, also taking home the prize for Corporate Workplace. Seven further winners of BCO Awards were recognised as leading examples of excellence in workplace design in the UK. There were no winners in any category in the Midlands or North of England, Northern Ireland or Wales, although two offices in Manchester and Widnes were commended and the President’s Award went to HMRC for its ongoing national estate management programme. More →

Over a quarter of women think menopause has had a negative impact on their career

Over a quarter of women think menopause has had a negative impact on their career

by • News, Wellbeing, Workplace

Over a quarter of women (27 percent) aged 40-60 in the UK, who are currently in employment and have experienced menopause symptoms - an estimated 1.2 million - say that menopause has had a negative impact on their career progressionOver a quarter of women (27 percent) aged 40-60 in the UK, who are currently in employment and have experienced menopause symptoms – an estimated 1.2 million – say that menopause has had a negative impact on their career progression, according to new research from the CIPD. In addition, 36 percent of women with a disability or long-term health condition say their symptoms have had a negative impact on their career progression, compared with 24 percent who don’t have one. More →

Younger workers ready to embrace their new robot overlords

Younger workers ready to embrace their new robot overlords

by • News, Technology

Despite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will 'supercharge' the industry in which they workDespite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will ‘supercharge’ the industry in which they work. According to the second Young Generation in Tech survey, commissioned by HiBob and Venture Capital fund Eight Roads, almost four in five of the 2,000 20-30-year-olds surveyed in tech across Europe believe AI will have a positive impact on their work. More →

Workers are generally happy at work, but bored by what they do

Workers are generally happy at work, but bored by what they do

by • Business, News

Happiness and boredom are the most common emotions experienced by people at work, according to a Right Management survey of more than 2,000 British workers and managersHappiness and boredom are the most common emotions experienced by people at work, according to a Right Management survey of more than 2,000 British workers and managers. According to the poll, ‘Gen Z’ are most likely to be bored at work (23 percent). But Gen Z leaders worry more than others about reduced employee productivity due to hybrid-working (37 percent). In addition, 70 percent of British employees feel they work better as a team in-person, but only 1 percent claim face-to-face time with colleagues contributes to their wellbeing. More →

Investment and new powers essential to unleash the vast potential of UK cities

Investment and new powers essential to unleash the vast potential of UK cities

by • Cities, News

Unleashing the potential of the UK’s cities is critical to boost growth, repair their social fabric and meet our net zero targets according to a new reportUnleashing the potential of the UK’s cities is critical to boost growth, repair their social fabric and meet our net zero targets according to a new report, produced in partnership between the Royal Society for Arts, Manufactures and Commerce (RSA) and Core Cities UK. The report calls on the government to move away from the current trend of short-termism, witnessed in recent weeks in debates on HS2, net zero and the future of local government. More →

Beady-eyed employee monitoring is also subject to data protection law

Beady-eyed employee monitoring is also subject to data protection law

by • Flexible working, News, Technology

The Information Commissioner’s Office (ICO) is calling on organisations to consider both their legal obligations and their workers’ rights before they implement any employee monitoring in the workplaceThe Information Commissioner’s Office (ICO) is calling on organisations to consider both their legal obligations and their workers’ rights before they implement any employee monitoring in the workplace. With the rise of remote working and developments in the technology available, many employers are looking to carry out checks on workers. The ICO has today published guidance to help employers fully comply with data protection law if they wish to monitor their workers. More →

Sustainability and skills at heart of RICS’ new manifesto for the built environment

Sustainability and skills at heart of RICS’ new manifesto for the built environment

by • Environment, Facilities management, News

The built environment needs to reflect the change in workforce behaviour and its approach to sustainabilityThe Royal Institution of Chartered Surveyors (RICS) is launching its manifesto for the built environment in the lead-up to the next UK General Election, titled Empowering a Sustainable Future. The UK’s built and natural environments face large-scale challenges ranging from climate change to a cost-of-living crisis. According to the manifesto, endemic skills shortages undermine development in the industry while the workplace has become more fluid post-pandemic, with the built environment needing to reflect the change in workforce behaviour and its approach to sustainability. More →

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