January 7, 2019
A new report from the World Bank has call for more investment in people to prepare them for the economies of the future. The 2019 World Development report (WDR) “The Changing Nature of Work” claims that digital technologies are driving the demand for advanced cognitive skills, socio-behavioral skills, and adaptability in labour markets. The digital economy also presents an opportunity to create more jobs.
December 13, 2018
A new report from the Institute for Government claims that the British government spends around £284bn – almost one-third of its total expenditure – with external suppliers. Given its scale, public sector procurement could not easily be abandoned even if politicians wanted, the report concludes. It says that four departments spent more than half of their entire budgets with external suppliers last year. It also finds that the largest suppliers are winning more and more government business.
December 5, 2018
The International Bar Association Global Employment Institute and the International Organisation of Employers have published new guidance for firms on International Labour Standards (ILS). The ILS are legal instruments, set by the International Labour Organization (ILO) which protect basic workers rights and address the need for sustainable enterprises to create jobs. They are either conventions, which are legally binding international treaties or recommendations which serve as non-binding guidelines.
November 29, 2018
The OECD, UN Environment and World Bank Group have this week called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2emissions to net zero in the second half of the century and build resilience to climate change.
November 26, 2018
So, what is the meaning of life? According to a study by Pew, the gold standard US based researchers, it’s spending time with family and friends, reading, listening to music and going for a walk in the open air. Work comes somewhere down the list. Just one-third of the survey’s respondents mentioned their career or job as a source of meaning, and only a quarter cite finances or money. This, it turns out, is not too far off Monty Python’s conclusion in their eponymous film: Try and be nice to people, avoid eating fat, read a good book every now and then, get some walking in, and try and live together in peace and harmony with people of all creeds and nations. That’s that sorted then.
November 14, 2018
In spite of the government investing £1.2 billion into cycling, new research claims that it is still only a few people who are cycling to work, with many citing nervousness about cycling in traffic as the reason. A survey of more than 7,600 UK adults published by Decathlon in the Decathlon Activity Index 2018, shows that only 7 percent of the nation is commuting to work with a bike. Despite cities including Manchester, Cambridge and London having made improvements to accommodate cycling, more than 1 in 4 (26 percent) still feel it is too dangerous to do so. This was followed by 21 percent who said they are still too scared to cycle the roads to work.
November 6, 2018
Mercer has published the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work. The study provides insight into the motivations of workers against the backdrop of fierce competition for their talent. The study, People first: driving growth in emerging megacities (registration required), is based on a survey of 7,200 workers and 577 employers in 15 current and future megacities across seven countries, namely Brazil, China, India, Kenya, Mexico, Morocco and Nigeria. As defined by the United Nations, these 15 cities will have a combined population of 150 million people by 2030 and share strong, projected GDP.
October 19, 2018
Technology researcher Gartner has highlighted the top strategic technology trends it believes organisations should be aware of in 2019. Gartner defines a strategic technology trend as one with ‘substantial disruptive potential that is beginning to break out of an emerging state into broader impact and use, or which are rapidly growing trends with a high degree of volatility reaching tipping points over the next five years’. One of the interesting points to note is the inclusion of the physical workplace yet again, as we highlighted in our recent feature on the trends shaping office design.
October 12, 2018
Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report studies how the nature of work is changing as a result of advances in technology today.
October 5, 2018
A joint report by the Secretariat of the All Party Parliamentary Group on AI, Big Innovation Centre, and professional services firm KPMG has been published, identifying the key skills individuals and organisations will need if they are to survive and thrive in the unfolding future. The report finds that jobs in the labour market of the future will look very different from today and the transformation is likely to be dramatic. It also calls for companies and governments to equip citizens and employees for that future, to help them learn the new skills needed to be relevant in a world of constant transformation.
September 18, 2018
The world is going through a workplace revolution that will bring a seismic shift in the way humans work alongside machines and algorithms, according to new research by the World Economic Forum. By 2025 more than half of all current workplace tasks will be performed by machines as opposed to 29 percent today. Such a transformation will have a profound effect on the global labour force, however in terms of overall numbers of new jobs the outlook is positive, with 133 million new jobs expected to be created by 2022 compared to 75 million that will be displaced. The research, published in The Future of Jobs 2018, is an attempt to understand the potential of new technologies to disrupt and create jobs. It is also seeks to provide guidance on how to improve the quality and productivity of the current work being done by humans and how to prepare people for emerging roles.
September 13, 2018
Nearly half of people in the EU work in their free time to meet work demands, and a third often or always work at high speed, according to recent estimates. If you are one of them, have you ever wondered whether all the effort is really worth it? Employees who invest more effort in their work report higher levels of stress and fatigue, along with lower job satisfaction. But they also report receiving less recognition and fewer growth opportunities. And they experience less job security. So increased work effort not only predicts reduced wellbeing, it even predicts inferior career-related outcomes.
