Search Results for: skills

UK see largest contraction in Labour Force since the 1980s

UK see largest contraction in Labour Force since the 1980s

by • Business, News, Workplace

The final report from the two-year Commission on the Future of Employment Support claims that the UK needs ‘once-in-a-generation reform’ to boost growth and improve living standards in the face of a huge contraction in the country’s labour force. The report suggests that the UK is one of the few developed nations where employment has fallen post-pandemic. The UK has dropped from having the eighth-highest employment rate globally to fifteenth. Had the original position been maintained, the economy would be £25 billion larger annually, with public finances £16 billion better off. (more…)

Graduates don’t offer employers enough creativity in the workplace

Graduates don’t offer employers enough creativity in the workplace

by • News, Workplace

A new report claims to reveal that UK graduates are falling short when it comes to offering organisations the creativity they need in the workplace.A new report claims that UK graduates are falling short when it comes to offering organisations the creativity they need in the workplace. The poll from Canva of around 1,000 recent university graduates, educators, and hiring managers in the UK, suggests that over three quarters (77 percent) of graduates and 66 percent of hiring managers consider creativity essential for landing a job and succeeding in the workplace. (more…)

Parliament refit could hold back UK net zero efforts for 40 years

Parliament refit could hold back UK net zero efforts for 40 years

by • Environment, Facilities management, News

The £20 billion refurbishment of the Palace of Westminster, could impact the availability of people needed for UK net zero targetsThe extensive refurbishment of the Palace of Westminster, a project estimated to cost over £20 billion, could significantly impact the availability of specialist craftworkers needed for the UK’s net zero targets, according to Historic England. The public body is warning that the project, which could take up to 43 years and require around 3,000 specialist workers annually, would absorb a large portion of the nation’s skilled heritage plasterers, carpenters, and window specialists. This is likely to strain an already limited workforce at a time when the country faces a shortage of traditional building crafts essential for refurbishing older buildings. (more…)

Traditional models of facilities management are no longer fit for purpose, report claims

Traditional models of facilities management are no longer fit for purpose, report claims

by • Facilities management, News

facilities managmentWorkplaces need to be maintained and managed in a more agile and responsive way if they are to serve the needs of hybrid working and the so-called return to the office, according to new research from Colliers. Colliers Global Occupier Services’ new report Adaptive Facilities Management – a new vision in agility reveals traditional facilities management (FM) models, where services are delivered at fixed frequencies and costs, are no longer fit for purpose, due to occupancy levels at many workplaces remaining in flux. (more…)

Commercial property market should be more optimistic, but it still needs to change

Commercial property market should be more optimistic, but it still needs to change

by • News, Property

JLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to riseJLL’s latest Future of Work Survey claims to reveal new opportunities for the commercial property sector as two-thirds of business leaders expect their CRE budget to rise between now and 2030. Despite challenges in the commercial real estate sector and bumpy economic conditions, global business leaders are optimistic about the future, with two-thirds (65 percent) expecting their CRE budgets to increase by 2030, according to the poll. This survey sets out to explore the evolving nature of work, assessing the key priorities, challenges, and strategies for more than 2,300 business and CRE decision-makers. (more…)

Digital transformation efforts yet to translate into greater productivity at many firms

Digital transformation efforts yet to translate into greater productivity at many firms

by • AI, News, Technology

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturityBritish and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers. (more…)

Managers and employees have very different ideas about the quality of their management

Managers and employees have very different ideas about the quality of their management

by • Business, News

Most business leaders feel their management skills are up to scratch, but the people who work for them don't believe itA new poll from Unmind claims claims that there is a significant discrepancy between how UK managers believe they’re performing and the experience of those being managed by them, with over two-thirds (67 percent) UK workers having left or considered leaving their job because of a bad manager. The survey of 3,005 office workers (1,500 managers and 1,505 employees) suggests that, while 83 percent of managers say they’ve had formal training in people management, only 63 percent of their direct reports don’t believe it. Two fifths (40 percent) UK workers say they don’t believe their manager has had sufficient training or the right skills to perform their role. (more…)

How younger generations are redefining workplace exits

How younger generations are redefining workplace exits

by • Comment, Workplace

 

The modern workplace is witnessing a significant shift in the dynamics of workplace exits, largely driven by younger generationsThe modern workplace is witnessing a significant shift in the dynamics of workplace exits, largely driven by younger generations—especially those born after 1997, known as Gen Z. It’s not just in the places we might expect. For example, in Japan, a country with a reputation for long tenures and employee/employer loyalty, resignation agencies such as Momuri offer services that allow individuals to quit their jobs remotely. Even where moving jobs is relatively rare, this “resignation-as-a-service” has sprung up as a result of discontent within the workforce. This phenomenon, particularly pronounced among younger demographics, is challenging traditional notions of loyalty in the face of workplace dissatisfaction. (more…)

Workers unsure about the government’s New Deal for Working People

Workers unsure about the government’s New Deal for Working People

by • News, Workplace

 

Workers in the UK are lukewarm towards the "New Deal for Working People," a cornerstone of the recently introduced Employment Rights Bill.Workers in the UK are lukewarm towards the “New Deal for Working People,” a cornerstone of the recently introduced Employment Rights Bill. This ambivalence is coupled with a significant lack of awareness about their current workplace rights and their employers’ stance on various aspects of the deal. These insights come from the latest Robert Half Jobs Confidence Index (JCI), an economic confidence tracker developed in collaboration with the Centre for Economics and Business Research (Cebr). (more…)

The final word on … self-awareness

The final word on … self-awareness

by • Comment, Wellbeing

 

Both ancient Stoic philosophy and modern therapeutic approaches prize self-awareness. Here's why The story goes that the great Roman philosopher-emperor Marcus Aurelius hired a servant to follow him around. The man had only one job. Whenever anybody bowed to the emperor, or said something in praise of him, the servant would whisper in his ear: “You’re just a man. You’re just a man.” Whether this achieved anything isn’t clear, but it was a sign that Marcus Aurelius  was at least trying to practice what he preached. In his Meditations, he wrote: “These are the characteristics of the rational soul: self-awareness, self-examination, and self-determination. It reaps its own harvest. It succeeds in its own purpose.” (more…)

How generative AI is shaping a new landscape for creativity

How generative AI is shaping a new landscape for creativity

by • AI, Comment

 

The impact of generative AI on creative workflows is challenging, profound and multifaceted, writes Chris Hewish Every significant leap in technology has promised more than it has delivered. Or, perhaps more accurately, it has delivered something different from what was promised. When automation began infiltrating manufacturing in the 19th century, there was widespread fear that it would render human labour obsolete. Instead, it transformed the nature of work, creating new categories of jobs and even eradicating others. The digital revolution of the late 20th century followed a similar trajectory. It shifted the burden of tasks, spawned entirely new industries, and necessitated new skill sets. (more…)

Businesses planning major investments into Generative AI to increase productivity

Businesses planning major investments into Generative AI to increase productivity

by • AI, News

firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact.A new report from Cognizant and Oxford Economics New Work, New World: Quantifying Global Gen AI Momentum suggests that firms are planning major investments into generative AI technologies to drive increases in productivity, but are still being cautious about their impact. Additionally, 76 percent of businesses say they are looking to leverage the technology to create new revenue streams, while 58 percent are incorporating revenue increases into their business cases. (more…)

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