September 30, 2019
As artificial intelligence (AI) continues to infiltrate modern society, the benefits and pitfalls the technology receive almost peerless attention. The emergence of AI is of particular importance to how organisations might recruit, with clear signs that they are becoming more interested in the benefits it brings to their businesses.
September 30, 2019
The uptake of artificial intelligence by businesses will transform the UK job market in the near future and will create around 133 million new jobs worldwide. The findings come from a new report called Harnessing the Power of AI: The Demand for Future Skills (registration) from recruiter Robert Walters and market analysts Vacancy Soft. More →
September 25, 2019
Around a quarter of firms worldwide and mid-sized companies are shifting permanent roles to contingent work positions this year to remain agile, according to a report from Randstad Sourceright. The quarterly Talent Trends study (registration), based on responses from executives, HR managers and other professionals across 17 markets worldwide, claims that businesses are using gig and freelance workers to fill formerly permanent positions. More →
September 18, 2019
Unless the Government steps up efforts to manage the transition to automation, many people and entire regions of the UK face being left behind and British businesses could find themselves becoming less competitive, says the Business, Energy and Industrial Strategy (BEIS) Committee in a report published today.
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September 12, 2019
The debate about the introduction of a compulsory four day week or shorter hours may take a new turn following the publication of a new report commissioned by the Labour Party which concludes that a blanket limit on the hours worked by people in the UK is both unrealistic and potentially counter-productive, in spite of the fact that there is clear evidence for its effect on wellbeing and productivity. More →
September 10, 2019
Managers should seriously consider giving their employees the reins for a day to test new research that indicates seven out of 10 employees worldwide (69 percent) say they can do their boss’s job better, despite nearly the same number of workers (71 percent) grading their boss’s competence a B or better.
The Global State of Managers research comes from The Workforce Institute at Kronos Incorporated and Future Workplace, which examined how nearly 3,000 employees in Australia, Canada, France, Germany, India, Mexico, the U.K., and the U.S. would grade their manager’s effectiveness across five factors: communication, competence, empowerment, professional development, and support.
According to the study, employees grade their managers high on competence but nearly fail them when it comes to work-life balance and job coaching. Overall, people feel managers are good at their jobs, with the majority of employees grading bosses an A or B for competence (71 percent) – the highest grade given – and work ethic (70 percent).
Bosses also received high marks (B or better) for their communication skills, people management skills, and ability to handle performance-related issues (all 67 percent). The older the employee, however, the more critical they are of their boss: Baby Boomers1 and Gen Xers grade managers more harshly with a C, D, or F for overall people management skills (37 percent and 38 percent, respectively). Worldwide, the employee-manager connection remains critically important: 70 percent of employees say their relationship with their manager is an extremely or very important factor when deciding to remain at their current job, with 22 percent agreeing it’s somewhat important. Millennial (79 percent) and Gen Z (73 percent) employees feel strongest about the importance of the manager relationship for retention compared with Gen X (66 percent) and Baby Boomer (62 percent) counterparts.
Other findings
Differences by sector and nationality
Despite rating their managers No. 1 in all categories, 95 percent of Indian employees still say they could do their boss’s job better all of the time (47 percent) or some of the time (48 percent). This sentiment is followed by 87 percent of Mexican workers and 71 percent of French workers. Canada (61 percent) and U.S. (59 percent) workers feel the least confident that they could do their boss’s job better – yet it’s still more than half of all employees.
Managers in the technology industry are on top overall, scoring highest marks (A or B) in people management (81 percent), communication (75 percent), and modeling work-life balance (70 percent). Professional services managers (e.g. accountants, engineers, lawyers) rank second-best, with 70 percent of employees grading them a B or better for people management and communication. Employees in the technology (77 percent) and finance (70 percent) sectors say they have a strong or very strong relationship with their boss, followed by manufacturing (62 percent); education (61 percent); retail (61 percent); and professional services (61 percent).
There is room for managers to model better work-life balance in frontline industries – i.e. those who must be present to do their jobs – with 53 percent of employees in federal government, 42 percent in healthcare, and 42 percent in retail giving their boss a C or worse.
Regarding pure competence, managers are graded worst – C or lower – by public safety (44 percent); federal government (39 percent); transportation/distribution/logistics (35 percent); and healthcare (34 percent) employees. More than one in three employees give poor marks of a C or worse for their manager’s work ethic in federal government (37 percent); healthcare (34 percent); transportation/distribution/logistics (34 percent); and manufacturing (33 percent).
Image by Pixabay
September 9, 2019
Legislation and a difficult economic climate are the biggest challenges facing start-ups in eight major business sectors according to a survey carried out by Safestore. The survey set out to establish the biggest concerns for biggest owners, their most fundamental goals, and what they believe to be the main reasons for a business failing. More →
August 23, 2019
London is the most productive region in the UK, followed by the South East and Scotland according to new research from the the University of Durham Business School. Economists Professor Richard Harris and Professor John Moffat conducted the research and also found that the least productive region was Wales, with London having productivity levels over double the amount of Wales. London receives between twice and three times as much per capita funding for transport than any other region. More →
August 7, 2019
Around one in ten businesses in England were sued by their local authorities over the past year for failing to pay rising business rates, new data suggests. According to real estate consultancy Altus Group, around 750 businesses were sued each working day. The real estate group said the figures highlight the cost pressures on UK businesses, as the occupies of around 190,000 commercial properties came to court over the non-payment of rates during the last financial year. The report claims that the occupiers and owners of offices, shops, pubs and restaurants have called for cuts to business rates. According to Altus Group, the standard rate of tax, which applies to all medium and large premises in England with a rateable value of more than £51,000, rose by 2.4 percent on 1 April 2019. More →
July 9, 2019
Labour productivity, as measured by output per hour, was down 0.2 percent in Q1 2019, when compared to the same quarter in 2018, according to Office of National Statistic (ONS) figures. These findings make Q1 the third consecutive quarter of contraction for UK productivity.According to the ONS, this sustained period of declining labour productivity represents a continuation of the UK’s ‘productivity puzzle’, with productivity since the economic downturn in 2008 growing more slowly than during the long period prior.
Despite occasional periods of growth, this sustained general pattern contrasts with patterns following previous UK economic downturns, when productivity initially fell, but subsequently recovered and returned to the previous trend rate of growth. However, movements in productivity were found to vary between industries, with the services industry recording labour productivity growth of 0.2 percent, while manufacturing productivity growth reduced by 0.9 percent, compared with the same quarter in the previous year.
July 5, 2019
Chicago, considered the home for the modern workplace by many, played host once again to the 51st edition of NeoCon at The Merchandise Mart. The Mart, as is it affectionately known, is itself an interesting building; a vast space of 25 floors, it spans two city blocks and was the largest building in the world when it opened in 1930. More →
September 26, 2019
The office of the future should be circular
by Phil Oram • Comment, Environment, Workplace design