October 18, 2019
Great news! No, not the Brexit deal but the reports that the US has replaced the floppy disks it uses to store the information about its nuclear arsenal with something a bit less Nineties. If nothing else, a useful reminder that even the people responsible for a potential Armageddon might not be quite on board for the Fourth Industrial Revolution just yet, and are still coming to terms with the Third. More →
October 11, 2019
A new study published in the journal Nature Human Behaviour from academics at the Technical University of Munich and the Rotterdam School of Management claims that most people would prefer to be replaced in their job by a robot rather than another human. The study asked 2,000 workers in Europe and North America to respond to one of two scenarios in which they had to decide on the future of the workforce in an independent organisation or another organisation for which they themselves work which had decided to replace its current workforce completely with either robots or new human staff. More →
October 4, 2019
A new IZA World of Labor report suggests that the number of prime-age males who exist outside the labour force is increasing worldwide. The report claims that this development goes hand in hand with a decrease in wellbeing for the men themselves driven by higher levels of stress and has a wide range of economic and social consequences. More →
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 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 24, 2019
Recent years have seen a widespread drop in global unemployment rates but what continues to puzzle economists has been the subsequent failure of wage inflation to follow suit. This has created an unusual phenomenon of wage stagnation across global markets, according to the eighth edition of the Hays Global Skills Index, a report into skills and the skills gap published by recruitment firm Hays in collaboration with Oxford Economics. More →
September 9, 2019
What happens to people when their skills become obsolete? If you’re not asking yourself this question already, you probably should. A new study from researchers at MIT and Wharton is the basis for this piece in Quartz at Work which considers the implications for what looks like a small technological change and its consequences for a large number of people who had to reset what they offered employers. More →
September 9, 2019
As 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.
August 30, 2019
For many, the thought of adopting artificial intelligence (AI) in the workplace is a daunting prospect. But it seems that the majority of chartered accountants believe it will, in fact, have a positive effect on the industry. According to research conducted by CABA, the charity supporting the wellbeing of chartered accountants and their families, 52 percent believe this to be the case, with 16 percent either unsure or predicating no impact at all. The same research also found that, more generally, the biggest bugbear for chartered accountants was the amount of work expected to be completed in the time available (41 percent). So, it’s encouraging that nearly 1 in 4 (25 percent) agree that AI will let humans add value elsewhere as robots take on more menial jobs. In addition, 17 percent stated that the adoption of AI/automation will increase productivity, with 11 percent also agreeing that it will reduce errors and improve attention to detail. More →
August 16, 2019
Many knowledge workers don’t feel they share common goals with their employer and colleagues, according to a study of 17,000 people by Slack. The State of Work Report summarises the findings, including the effect of this feeling of a lack of ‘alignment’ on organisational and personal performance and the role of technology in aligning people around shared goals. More →
August 15, 2019
Because qualifications are only part of the story for employers, who are placing more emphasis on essential skill sets, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors (the CIPD, The Careers & Enterprise Company, Business in the Community, the Gatsby Foundation, EY Foundation and the Skills Builder Partnership) have come together for the first time to agree a universal framework for essential skills. It will build on the Skills Builder Framework, already used by over 700 organisations, and set out the skills needed to thrive at work, as well as how these can be assessed and developed. It can be used by students, workers and employers. More →
August 6, 2019
Health and social care are the most stressful industries to work in, according to an analysis by The Office Group (TOG), which claims that health and social workers tend to work longer hours and report more cases of work-related stress, depression and anxiety than staff in other sectors. TOG calculated an overall stress score for 12 industries across the UK, using public data on the number of self-reported cases; average full-time hours; number of days lost to self-reported cases; and the likelihood of future automation. A recent report from the CIPD also highlighted how stress is now a fact of life for most workers. More →
