Search Results for: skills gap

Cornerstone Innovation Lab unites data scientists across the company to advance AI in the workplace

Cornerstone Innovation Lab unites data scientists across the company to advance AI in the workplace

Cornerstone OnDemand, Inc. (NASDAQ: CSOD), has announced the formation of the Cornerstone Innovation Lab for AI, a new centre of excellence within the company composed of data scientists and machine learning experts who specialise in innovating practical and ethical ways to apply AI technology to the workplace. More →

Employees struggle to adapt to new workplace technology

Employees struggle to adapt to new workplace technology

workplace technologyNew research by Hays Talent Solutions claims workplace technology has had a significant impact on businesses and organisations when it comes to development, automation and growth; continuing to shake up the modern workplace and workforce in 2020. Paving the way for the change, younger workers are arguably redefining what workers want from their employers, while employees struggle to adapt to a technological workplace. More →

UK squandering workers’ potential through lack of training

UK squandering workers’ potential through lack of training

workplace trainingThe UK is ignoring the value of millions of workers by overlooking workplace training and opportunities to upskill, a new survey has suggested. According to the Missing Millions report from City & Guilds Group, a third of employees have either not received workplace training in the last five years or have never had any such training – equating to 17.8 million people in the UK with outdated skills. The result, the report claims, is declining productivity and problems remaining competitive. More →

HR struggles to develop high-quality leadership talent

HR struggles to develop high-quality leadership talent

leadershipMore than one-third of HR chiefs are struggling to develop effective senior leaders and only half of 2,800 surveyed leaders believe they are well-equipped to provide the leadership to guide their company in the future, according to a survey by Gartner, Inc. Efforts to tackle the emerging issues of the 2020s and beyond – including public pressure for business transparency, the rise of automation and the creation of never-before-seen jobs – will be fruitless unless HR managers find ways to nurture and retain capable future leaders, the research and advisory company concludes. More →

Migration adds billions to European economies, report claims

Migration adds billions to European economies, report claims

diversity in hiring can help firms address the skills gapA new study claims that the income from taxation and the benefits of welcoming an educated workforce in EU member states adds up to tens of billions of pounds. According to an analysis by Movinga, the UK gains the most in overall earnings over 10 years with around £20.5 billion, followed by Germany with £16 billion, and France with £10.5 billion. The report claims that the overall earnings and savings from highly skilled migration to the UK over a ten year period in the STEM, Education and Healthcare sectors could cover the annual expenditure of the UK Parliament 37 times over. The overall earnings and savings from highly skilled migration to the UK over a ten year period in the Healthcare sector alone is equivalent to the cost of 37,000 secondary care (emergency) hospital beds per year. More →

Nearly half of employers need help to implement flexible working

Nearly half of employers need help to implement flexible working

Eighty five percent of employers think demand for flexible working is likely to increase, with demand coming from across the board, but over four in 10 would like more support to implement it, according to a workingmums.co.uk survey. The results of the survey of around 200 employers are interesting in light of current policy discussions about flexible working which tend to focus on forcing employers to flex more by advertising jobs that are flexible from day one and enforcing employees’ flexible working rights. More →

Infosys opens new digital innovation centre in Duesseldorf

Infosys opens new digital innovation centre in Duesseldorf

Infosys has announced the opening of its new Digital Innovation Centre in D?sseldorf, Germany.The Centre has been created to help Infosys work more closely with its clients in the region in supporting their digital transformation journey, while focusing on next-generation business suites such as SAP HANA, as well as cloud based services, Internet of Things, 5G, Artificial Intelligence and Machine Learning. More →

Flexible working in the age of longevity

Flexible working in the age of longevity

Global life expectancy is growing at its fastest rate since the 1960s. Today, a 20-year-old has a 50 per cent chance of living to 100. Even if you are 60, you have an evens chance of reaching 90. A long life can be a gift, but of course it also has implications for how we live our lives and in particular how we plan to work and fund those extra years. Clearly there is a role for employers in creating work environments and flexible working cultures that recognise and maximise the potential of the 100-year life. More →

AI revolution means 120 million people need to reskill

AI revolution means 120 million people need to reskill

The AI revolution means a large number of people need to reskill soonAs many as 120 million workers in the world’s 12 largest economies may need to be retrained or reskilled over the next three years as a result of the advent of artificial intelligence (AI) and automation, according to a new IBM Institute for Business Value (IBV) study. It also suggests that only 41 percent of CEOs surveyed say that they have the people, skills and resources required to execute their business strategies.

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“War for talent” and Brexit ramping up staff retention efforts

“War for talent” and Brexit ramping up staff retention efforts

Is the war for talent intensifying?News that over one million EU nationals have been given permission to remain in the UK after Brexit, gaining settled or pre-settled status offers businesses expanded talent pools for plugging skills gaps and talent shortages in their workforce. New research claims that talent management concerns are on the rise. With the ongoing ‘war for talent’ intensifying over future skills requirements, businesses must remain vigilant when it comes to the growing technical skills gaps in their workforce, the report suggests. More →

Modern comms tools can shut out workers

Modern comms tools can shut out workers

The use of technology to support communication and collaborative working in an increasingly digital and flexible world is something many of us recognise. However, a global study released today by Avast Business claims this technology is potentially causing a divide in the workplace, with 40 percent of UK respondents concerned that less tech literate employees will be ‘shut out’ unless they embrace the latest chat, collaboration and digital project management tools. More →

One in four HR teams have no boardroom involvement

One in four HR teams have no boardroom involvement

Many HR departments feel they are being left out of strategic boardroom decisions across the UK, according to research published by Reed HR.  Around one in four HR professionals surveyed  said that their companies did not involve them in key strategic business decisions. In addition, four in five agreed that changing demands for employee benefits has impacted the responsibilities of the HR professional. And, of the 200 HR professionals taking part in the survey, only 10 per cent agreed that technology was having the biggest impact on the industry despite fears about AI replacing jobs. The majority (72 percent) of those asked said Brexit was making an impact on the sector with a quarter (24 percent) saying it was having the most influence. More →