Search Results for: tech

HR set to be the powerhouse of business in the open economy of 2020

HR set to be the powerhouse of business in the open economy of 2020 0

by • Flexible working, News, Technology, Workplace

A new report commissioned by Samsung claims that by 2020, the impact that changes in society and technology will have upon the future of the workplace will elevate Human Resources (HR) to a powerful new role. The arrival of what Samsung calls the open economy will create a new environment in which a breed of ultra-flexible freelancers will prosper. Their arrival will present great opportunities for those organisations that embrace them but there will be significant challenges as well. Automation will be increasingly prevalent, but human skills will also rise in value as whole new job categories will be created around creativity, human judgement and intuition capabilities –positioning HR at the forefront of dealing with the significant industry changes. Emerging technology and artificial intelligence will undoubtedly create great change in many industries but it will also release human workers from mundane and repetitive tasks, liberating a workforce where human judgement and expertise becomes the centre of any organisation’s human resources.

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Millennials now less likely to give up job security, but still want flexible work

Millennials now less likely to give up job security, but still want flexible work 0

by • Flexible working, News, Wellbeing, Workplace

Millennials less likely to leave security of their jobs, but still want flexible work

Millennials are less likely to leave the security of their jobs this year as the events of 2016; terror attacks in Europe, Brexit, and a contentious US presidential election appear to have rattled their confidence. This is according to Deloitte’s sixth annual Millennial Survey of nearly 8,000 millennials from 30 countries, which found that the “loyalty gap” between those who saw themselves leaving their companies within two years and those who anticipated staying beyond five years has moved from 17 percentage points last year to seven points. The desire for security is also apparent in the finding that, while millennials perceive across-the-board advantages of working as freelancers or consultants, nearly two-thirds said they prefer full-time employment. Those in highly flexible organizations appear to be much more loyal to their employers and are two-and-a-half times more likely to believe that flexible working practices have a positive impact on financial performance than those in more restrictive organizations. Three-quarters of those offered flexible working opportunities say they trust colleagues to respect it, and 78 percent feel trusted by their line managers.

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UK workers not significantly concerned about robots taking their jobs

UK workers not significantly concerned about robots taking their jobs 0

by • News, Technology

Despite recent research suggesting that no job is safe from the introduction of robots to the workplace, the majority of British workers don’t seem to be overly concerned about the impact of new technology on their roles. In fact, more than two thirds (68 percent) are positive about the possible impacts of technology at work over the next ten years. This is according to a survey from Epson, which takes a closer look at UK workers’ attitudes. More than three quarters (76 percent) believe technology will open new possibilities for growth, and three quarters (75 percent) think it will increase organisations’ profits. Another 77 percent thinks new technologies will kill certain jobs, but more than half (55 percent) are ready to learn new skills and adapt. Just 16 percent of UK workers think companies are ‘excellent’ at monitoring technology advancements, and 12 percent think their companies are excellent at engaging with employees in the process of making decisions.

More people will have smartphones than running water or bank accounts by 2021, claims report

More people will have smartphones than running water or bank accounts by 2021, claims report 0

by • News, Technology

By 2021, more members of the global population will be using mobile phones (5.5 billion) than bank accounts (5.4 billion), running water (5.3 billion), or landlines (2.9 billion), according to the 11th annual Cisco Visual Networking Index (VNI) Global Mobile Data Traffic Forecast for 2016 to 2021. Strong growth in mobile users, smartphones and Internet of Things connections as well as network speed improvements and mobile video consumption are projected to increase mobile data traffic seven-fold over the next five years.

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UK cyber workforce grows 160 percent in five years, new report claims

UK cyber workforce grows 160 percent in five years, new report claims 0

by • News, Technology, Workplace

The UK ‘cyber workforce’ has grown by 160 percent in the five years to 2016, according to new Tech Partnership research. Around 58,000 people now work in cyber security, up from 22,000 in 2011, and they command an average salary of over £57,000 a year – 15 percent higher than tech specialists as a whole, and up 7 percent on last year. Just under half of the cyber workforce is employed in the digital industries, while banking accounts for one in five, and the public sector for 12 percent. The figures, derived from analysis of bespoke data from IT Jobs Watch and supporting information from the Office of National Statistics’ Quarterly Labour Force Survey, are published in the Tech Partnership’s most recent Fact Sheet, Cyber Security Specialists in the UK.

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Cautious London job market post-Brexit, as EU nationals consider options

Cautious London job market post-Brexit, as EU nationals consider options 0

by • Cities, News, Workplace

The more recent employment figures for London suggest that until the terms of Brexit are known and put in motion, the jobs market will remain cautious. This is according to the latest Morgan McKinley London Employment Monitor which found that despite an 81 percent increase in jobs available and an 83 percent increase in professionals seeking jobs; compared to a 115 percent increase in jobs this time last year, the 2017 spike was muted in comparison. The 83 percent increase in job seekers month-on-month is coupled with a 29 percent decrease, year-on-year. Contributing to the decrease is the trickling off of non-British EU nationals working in the City, who comprise up to 10 percent of its workforce. In a post-Brexit survey of professionals conducted by Morgan McKinley, these individuals reported either moving abroad, or considering leaving London because of Brexit.

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Neuroscience can function as a management tool for personal development

Neuroscience can function as a management tool for personal development 0

by • Comment, Workplace

More and more employers, especially big corporates, are looking at ways to improve employee satisfaction, creativity and productivity. The business of managing change in the workplace has received much attention. It’s a clever game, and one that’s fuelling a booming growth in neuroscientific consulting. Coaching staff to embrace change and think about personal growth, alongside individualised learning programmes are hot topics in the business world. Brain science is a growth industry and it’s providing interesting answers to many important questions about why affecting change in the workplace has historically suffered low success rates, and how that can change.

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Reflections on the future of work from a mirrored room

Reflections on the future of work from a mirrored room 0

by • Comment, Facilities management, Technology, Workplace design

This is the first of two responses to an excellent article by Antony Slumbers, in this instance offering that his views offer too conservative a view of how technology will shape the future of work. Dr Pangloss, the teacher of metaphysics in Candide, Voltaire’s hilariously sarcastic attack on Leibnizian optimism, offered a timeless and universal explanation of the most cruel and tragic events as “the best of all possible worlds”. I would argue however that far from creating a landscape of optimism, it facilitates a dismissal of all significant change as an irrelevance given that effectively we have no option other than to happily accept it. For example, whether property transitions to a service or remains locked in its existing institutional quagmire, it doesn’t matter. Either way its fine as it’s the best we can hope for. Accept it, happily. A Panglossian future only looks appealing if you’re –well, Dr Pangloss.

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Connectivity, innovation and uncertainty are driving workplace change, claims report

Connectivity, innovation and uncertainty are driving workplace change, claims report 0

by • Facilities management, News, Technology, Wellbeing

Sodexo has published its 2017 Global Workplace Trends report, which claims to define the most critical factors affecting the world’s workers and employers. According to the report, the trends portray a workplace that blends work life with outside life, catering to employee needs through improvements in wellness, space design and learning programs. “With this piece, we’ve distilled key findings from different sectors, generations and countries to produce a report that provides a holistic view of the global workplace,” said Sylvia Metayer, CEO, Worldwide Corporate Services segment, Sodexo. “It’s critical for business leaders to recognise the underlying trends driving change, to evaluate their significance and stay ahead of—rather than follow—them.”

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Large number of organisations remain under-prepared for a cyber attack

Large number of organisations remain under-prepared for a cyber attack 0

by • News, Technology

Over a third (35 percent) of businesses targeted in a cyber-attack in the past 12 months have taken no extra measures to protect themselves in the future, claims a new report. The study of 3,000 companies in the UK, US and Germany, conducted for Hiscox says that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber-attacks. It also found that more than half (57 percent) of companies surveyed admit they have been the target of at least one cyber-attack in the past 12 months, while one in four (26 percent) companies has been targeted three times or more with the average cost per incident to UK businesses estimated to be £42,779. Although three out of five businesses (62 percent) took less than 24 hours to uncover their biggest cyber incident in the past 12 months, and a quarter (26 percent) did so within an hour of its occurrence, nearly half (46 percent) of businesses took two days or more to get back to business as usual.

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Take up of flexible space confirms London’s status as a global coworking pioneer

Take up of flexible space confirms London’s status as a global coworking pioneer 0

by • Flexible working, News, Property

The ‘gig economy’ continues to drive London’s thriving flexible workplace sector which accounted for 8.8 percent of total office take-up in 2016, according to a new study from Cushman & Wakefield. The report claims that the pace of development will continue for the foreseeable future, not least because of the number of corporate occupiers taking on coworking space. Flexible office space accounted for more than 4.5m sq ft of take up in London over the past five years as the capital has cemented its place as the leading global market for coworking, according to the research. In 2016, flexible office take-up amounted to 842,888 sq ft across Central London, representing 8.8 percent of total take-up – slightly above the five-year average of 8.4 percent.

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New guidance issued on assessing health and wellbeing in buildings

New guidance issued on assessing health and wellbeing in buildings 0

by • News

BRE and the International WELL Building Institute have published a joint briefing paper outlining how certified BREEAM credits could be used to demonstrate compliance with the WELL Building Standard (WELL) post-occupation. Following the 2016 announcement of an agreement between the two organisations to ‘pursue alignments between WELL and BREEAM’, the document, Assessing Health and Wellbeing in Buildings, has been created to make it easier for those wishing to obtain both a certified BREEAM rating and a WELL Certified rating. The document claims to provide guidance on how the process for pursuing dual certification may be streamlined, and offers information for architects and designers to better understand the requirements and how the two standards relate. It also sets out the areas where WELL requirements are addressed by UK and/or EU regulations, and where these can be omitted from an assessment for buildings undergoing a WELL assessment in these territories.

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