Search Results for: employment

Reconnecting older workers with the office: have we retired what matters most?

Reconnecting older workers with the office: have we retired what matters most?

If we look at what older workers are actually saying about work and workplaces, there is an appetite for change, says Julie LecoqOlder workers now make up a larger percentage of the workforce than they did two decades ago. Data from Legal and General and the Centre for Economic Research (Cebr) suggests that the number of over 50s in employment has increased by 36 percent in the last 20 years, with 47 percent of this age group predicted to be in employment by 2030. A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. From a corporate perspective, the growing skills shortages in a range of sectors has also meant that employers are consistently seeking to attract and retain those in the latter stage of their professional career. More →

Women experience more stress than men when working hours are fragmented, claims new research

Women experience more stress than men when working hours are fragmented, claims new research

Women experience more stress than men when their employment hours are split into different sections during the day, such as with flexitime and working from homeWomen experience more stress than men when their employment hours are split into different sections during the day, such as with flexitime and working from home, new research claims. Zhuofei Lu, of the University of Manchester, analysed survey data recorded during the pandemic in 2020-2021 on 620 British men and women, 40 percent of whom had children. More →

Zürich named as world’s leading smart city in list dominated by Asia and Europe

Zürich named as world’s leading smart city in list dominated by Asia and Europe

Zürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business schoolZürich has been named as the world’s leading smart city according to the latest annual Smart City Index published by IMD business school. Asian and European cities dominate this year’s top twenty. Among them, IMD names six “super champions” because they have been continuously improving their performance since 2019: Zürich, Oslo, Singapore, Beijing, Seoul and Hong Kong. More →

Three quarters of people who left their pre-covid employer now want to go back

Three quarters of people who left their pre-covid employer now want to go back

According to a new poll from recruiter Robert Walters, almost three quarters of professionals (71 percent) who left their pre-covid employer in search of better pay or working culture say that they are open to returning. Half of the 3,000 people surveyed say that the reasons as to why they left in the first place are no longer applicable. Nearly half (45 percent of workers) who had left their job after lockdown did so for better pay – with a further 35 percent leaving for a better workplace culture or more purpose/fulfilment in their role. More →

Flexible working is the new “work-life currency”, claims new report

Flexible working is the new “work-life currency”, claims new report

A new report, Future of Work Life, from Ericsson Consumer & IndustryLab explores the ways in which employees and employers navigate the current work environment and their views on the future of work shaped by the pandemic, digitalisation and the fluctuating labour market. Almost half (48 percent) of the employees in the study say that they enjoy increased flexibility at work. 52 percent consider flexible work hours or locations as key requirements, and 25 percent say that flexibility is the top priority if they would start to look for a new job. Doing work rather than going to work is seen as central in this new way of thinking about work life. More →

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. More →

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

Unlocking the digital frontier: hiring the next generation of tech talent

Unlocking the digital frontier: hiring the next generation of tech talent

Any business that is looking to grow its consumer base or expand into new markets is likely to be relying on digital technology to a greater extent than ever before both in their operations and management. This also means that the world of employment, both for workers and enterprises, is necessarily evolving too. An inevitable consequence of this evolution has been that those for whom technology has been an essential part of their life and education — so-called digital natives — are in growing demand. More →

Working parents are resilient, and a resilient team is good for business

Working parents are resilient, and a resilient team is good for business

Parent Mental Health Day renewed our focus on working parents and their resilience, the ability to adapt to change, deal with stress, and foster optimismLast week, Parent Mental Health Day renewed our focus on working parents and their resilience, the ability to adapt to change, deal with stress, and foster optimism despite difficulty. From a business perspective, resilience is the way that employees recognise and respond to challenges as opportunities to develop rather than as a threat or setback. Resilience is an important skill for us all as we manoeuvre through life’s daily trials and it is particularly important for working parents as we often juggle more responsibilities outside of the workplace. More →

Poor air quality affects chess players, and it might be affecting you too

Poor air quality affects chess players, and it might be affecting you too

Air pollution poses such a threat to strategic thinking under pressure that chess players often monitor the air quality of their surroundings.Humans are exposed to poor air quality and pollution almost everywhere. The World Health Organization estimate that 99 percent of the world’s population breathe in polluted air each day. Chess players competing indoors are no exception – and it can affect their performance. A recent study conducted by researchers from Maastricht University (Netherlands) and the Massachusetts Institute of Technology (USA) analysed the quality of chess moves across multiple German chess tournaments. They found that chess experts perform worse when there is more particulate matter (PM2.5) in the air. More →

New study will explore the impact of economic turmoil on workplace experience

New study will explore the impact of economic turmoil on workplace experience

eople's workplace experience in the wake of recent economic upheavals is to be investigated as part of a major new survey led by Cardiff UniversityPeople’s workplace experience in the wake of recent economic upheavals is to be investigated as part of a major new survey led by Cardiff University and funded mainly by the Economic and Social Research Council (ESRC). The Skills and Employment Survey 2023 (SES2023), which also involves researchers at UCL, the Universities of Oxford and Surrey and the National Centre for Social Research, will help academics assess the impact of an extraordinary period of turbulence for workers which includes the economic downturn, Cost-of-Living Crisis, Covid-19 and Brexit. More →

Half of tech workers bracing themselves for layoffs, but fears may be unfounded

Half of tech workers bracing themselves for layoffs, but fears may be unfounded

Tech workers are pre-empting layoffs in 2023 and taking steps to protect their careers, but their fears may be unfounded, says a new reportTech workers are pre-empting layoffs in 2023 and taking steps to protect their careers, according to a new poll from CWJobs. The survey – carried out among 2,000 UK tech workers – revealed more than half (53 percent) are pre-emptively applying for new jobs in case of redundancies at their firm. The research suggests that London tech workers feel at most risk, with nearly two thirds (63 percent) pre-emptively applying for a new job in case of layoffs – the highest out of any region. Young people are also more likely to make sure they have a Plan B in place, with 62 percent of 18-24-year-old tech workers actively applying for new jobs in case they are laid off, compared to 24 percent of those aged 55+. More →