August 30, 2019

Artificial Intelligence will positively impact accountancy, according to accountants themselves

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 28, 2019

Shifting cultural expectations in the workplace

by Stuart Templeton • Comment, Technology, Workplace

There has been much talk of digital, agile and organisational transformation for businesses for many years now. While the intricacies of each are separate discussions, one thing is clear – the world of work and the workplace are changing and as businesses we need to adapt.

(more…)

August 27, 2019

Freelancers and the self-employed need holidays too

by Neil Franklin • Flexible working, News, Wellbeing

Taking time off improves the work performance of freelancers, a new study from IPSE (the Association of Independent Professionals and the Self-Employed) claims. The research suggests that almost two-thirds of freelancers believe taking holiday improves their work performance in some way. Asked what advantages came with taking more time off, 63 percent said it improved aspects of their work including productivity, energy, creativity and confidence in their work. (more…)

August 23, 2019

Summertime childcare juggling needs to be consigned to history

by Han Son Lee • Comment, Flexible working

For working parents, summertime is often a logistical nightmare. Six weeks of careful planning are needed to sort out childcare and ensure that both parents spend some quality time with their offspring. According to research from family activity app Hoop, over a quarter of parents of 5-16 year olds dread the summer holidays and here are some of the main reasons why. (more…)

August 23, 2019

Two-thirds of people say work damages their mental health

by Neil Franklin • News, Wellbeing

A new survey from CV-Library suggests that the UK’s professionals have a problematic relationship with work, with three-quarters (74.2 percent) claiming that their job is damaging their mental health. The research, which surveyed over 2,000 professionals, claims that four in ten (43.9 percent) workers even consider resigning from their job because of this, with a further 52.6 percent stating that their workplace doesn’t do enough to support employees. (more…)

August 22, 2019

Stress of extra Summer workloads can be overwhelming

by Neil Franklin • News, Wellbeing

Over a third of workers feel extreme pressure or even experience panic attacks when taking on their colleagues’ workloads over the Summer, a new study from Cornerstone OnDemand claims. The study of over 2,000 UK adults, claims that 81 percent of Brits will take on a colleague’s workload in their absence. Furthermore, while taking on a colleague’s workload, 48 percent of workers are more likely to work through their lunch break or work more than their working hours, contributing to the feeling of stress.

(more…)

August 21, 2019

The office is increasingly able to recognise you, but will you recognise it?

by John Comacchio • Comment, Technology, Workplace design

Our lives at work are about to change—again. Just as the addition of PC’s and Wi-Fi re-drew the office blueprint, emerging technologies like robots, virtual agents, artificial intelligence (AI), and the Internet of Things (IoT) promise to radically revise the form and the function of work and the workplace. In the near future, your office will know who you are (if it doesn’t yet) and will be ready to greet you with your preferred lighting and the array of digital tools you need to do your job.

(more…)

August 21, 2019

Wellbeing challenge known to firms, but they need to up their game

by Neil Franklin • News, Technology, Wellbeing

A new white paper from Aon argues that while the vast majority of employers are aware of a range of wellbeing issues, they often don’t act in appropriate ways to address poor health behaviours and chronic medical conditions. The white paper Prevention Is Better Than Cure (registration) claims that 95 percent of employers see a correlation between employee health and performance and believe they have a role in trying to educate and improve poor lifestyle behaviours.

(more…)

August 20, 2019

Businesses should focus on the greater good of people and society

by Mark Eltringham • News, Working culture

Modern corporations should work in the best interests of society and people rather than focusing primarily on making money for shareholders as they may have in the past, according to an influential group of chief executives. The body Business Roundtable, which represents the heads of some of America’s largest companies, including Apple, Amazon and Exxon Mobil, has issued a statement of its updated corporate governance principles. (more…)

August 19, 2019

Firms need to place more value on older workers

by Claire Turner • Comment, Wellbeing, Working lives, Workplace

As we live longer lives, it’s inevitable that more of us want to work for longer. It makes good business sense too: with fewer younger people starting work to replace those set to retire in future years, coupled with uncertainty over Brexit and labour shortages, employers can’t afford to lose older workers.

(more…)

August 19, 2019

Mental health concerns mean two thirds of men consider quitting job

by Neil Franklin • News, Wellbeing

A new study from job board CV-Library claims that men across the UK have reached breaking point in their careers, with nearly two thirds (61 percent) wanting to quit their job because it’s affecting their mental health. The survey explored the views of 2,000 UK workers and found that although more women (35.4 percent) say they suffer with mental health problems than men (21.2 percent), men are more likely to feel the effects of poor mental health in the workplace. Around 82 percent of men claim that it affects their working life, compared to 68 percent of women. (more…)

August 19, 2019

“War for talent” and Brexit ramping up staff retention efforts

by Neil Franklin • News, Workplace

News that over one million EU nationals have been given permission to remain in the UK after Brexit, gaining settled or pre-settled status offers businesses expanded talent pools for plugging skills gaps and talent shortages in their workforce. New research claims that talent management concerns are on the rise. With the ongoing ‘war for talent’ intensifying over future skills requirements, businesses must remain vigilant when it comes to the growing technical skills gaps in their workforce, the report suggests. (more…)