Search Results for: education

Changing world of work yet to reshape expectations of young people

Changing world of work yet to reshape expectations of young people

Huge changes to the world of work over the past two decades have made little impact on teenagers’ career expectations, which have become more concentrated in fewer occupations, according to a new OECD report. Dream jobs: Teenagers’ career aspirations and the future of work says 47 percent of boys and 53  percent of girls surveyed in 41 countries expect to work in one of just 10 popular jobs by age of 30. The figures, based on the latest PISA survey of 15-year-olds released last month, reveal a narrowing of expectations as these shares increased by eight percentage points for boys and four percentage points for girls since the 2000 PISA survey. More →

Mental health challenges cost employers £45 billion each year

Mental health challenges cost employers £45 billion each year

mental healthA new report from Deloitte claims that poor mental health costs UK employers up to £45 billion each year. This is a rise of 16 percent since 2016 – an extra £6 billion a year. The research also looks at how employers can tackle this problem, finding that it pays to support employees’ mental wellbeing. On average, for every £1 spent on supporting their people’s mental health, employers get £5 back on their investment in reduced presenteeism, absenteeism and staff turnover. More →

Employers shift focus to wellbeing and employee benefits

Employers shift focus to wellbeing and employee benefits

wellbeingNew research from Aon claims that employers have increased their strategic focus on both emotional and financial wellbeing programmes, while physical wellbeing programmes have remained largely static. Aon’s UK Benefits & Trends 2020 Survey (registration) shows that 51 percent of employers now have financial wellbeing strategies in place, up from 21 percent three years ago, while 68 percent have emotional wellbeing strategies, up from 41 percent. These were the least developed pillars of employee wellbeing when Aon asked organisations in its 2017 UK Health Survey. More →

The Fourth Industrial Revolution is upon us and we`re not ready for it

The Fourth Industrial Revolution is upon us and we`re not ready for it

fourth industrial revolution Cast your mind back a decade or so and consider how the future looked then. A public horizon of Obama-imbued “yes we can” and a high tide of hope and tolerance expressed in the London Olympics provides one narrative theme; underlying austerity-induced pressure another. Neither speaks directly to our current world of divisive partisan politics, toxic social media use, competing facts and readily believed fictions. More →

Tech trends to watch that will disrupt 2020 and beyond

Tech trends to watch that will disrupt 2020 and beyond

An eye on tech trendsThe next decade promises to offer both incredible opportunity and challenge for all of us. Technologies like artificial intelligence will no longer be considered new but will instead be at the heart of some huge disruptive changes that will run right through our society. In particular, AI will start to enable the automation of many things that were previously deemed too complex or even too “human”. We’ll see these changes and tech trends at work – traditional professions like accountancy, lawyers and others will over time, see significant portions of what they do be taken over by virtual robots. Vocations such as lorry drivers, taxi drivers and even chefs may disappear as machines are introduced to perform the same function but with more consistent results and less risk. More →

Over half of firms believe their staff are ready to work with AI

Over half of firms believe their staff are ready to work with AI

Working with AIMore than half (57 percent) of UK companies are confident their staff are prepared for an artificial intelligence (AI) enabled workspace according to a new report from Genesys. This is broadly in line with the attitudes of workers themselves, according to another report from the company which claims that 46 percent of people say they are ready to work with the technology. The latest  survey claims that over half of employers (55 percent) think their employees are anxious that their jobs will be eliminated by AI. However, employers believe this fear is unfounded with only 11 percent saying AI will actually put jobs at risk. In fact, 51 percent of UK based companies don’t anticipate any major staffing changes as a result of AI, despite recent headlines that portraying it as a threat to jobs. More →

Migration adds billions to European economies, report claims

Migration adds billions to European economies, report claims

diversity in hiring can help firms address the skills gapA new study claims that the income from taxation and the benefits of welcoming an educated workforce in EU member states adds up to tens of billions of pounds. According to an analysis by Movinga, the UK gains the most in overall earnings over 10 years with around £20.5 billion, followed by Germany with £16 billion, and France with £10.5 billion. The report claims that the overall earnings and savings from highly skilled migration to the UK over a ten year period in the STEM, Education and Healthcare sectors could cover the annual expenditure of the UK Parliament 37 times over. The overall earnings and savings from highly skilled migration to the UK over a ten year period in the Healthcare sector alone is equivalent to the cost of 37,000 secondary care (emergency) hospital beds per year. More →

Manifesto calls for action on disability inclusion as pay gap for disabled people widens

Manifesto calls for action on disability inclusion as pay gap for disabled people widens

two people talking to illustrate the issue of disability inclusionA leading non-profit disability and business organisation is calling on the future Government to commit to a series of actions to support businesses to deliver on disability inclusion. Business Disability Forum published its ‘Manifesto for Inclusive Change’ today (3 December) to mark the United Nations International Day of Persons with Disabilities. The manifesto calls for action in seven areas to ensure that the role businesses play in disabled people’s lives is enhanced, not inhibited, by government policy. To read Business Disability Forum’s ‘Manifesto for Inclusive Change’ go to www.businessdisabilityforum.org.uk . Follow the debate at #DisabilitySmart. More →

People need to feel comfortable about being themselves at work

People need to feel comfortable about being themselves at work

feeling comfortable at workOver a quarter of people (28 percent) in the workplace suffer bullying and/or discrimination on issues such as gender, age or sexual orientation, according to a new study. The Workplace Wellbeing Census, conducted by leading healthcare provider Bupa, found that such actions are the most harmful factors influencing workplace wellbeing at work. Women in the workplace face significant challenges with over a third (34 percent) experiencing bullying or discrimination, compared to 22 per cent of men. Women are also more than four times as likely to suffer negatively from workplace gender discrimination than men (13 percent vs 3 percent). More →

UK falling behind in global skills race

UK falling behind in global skills race

The UK skills gapNew research published today by City & Guilds Group claims that the UK risks being left behind as employers across the world race to upskill their workers. As digitalisation and fluctuating economies transform the skills needed in the workplace today, employees are less confident than their bosses that they’ll have skills they need for the future. The study, conducted by City & Guilds Group business Kineo, surveyed 6500 employees and 1300 employers across 13 international markets. It found that employers in developing countries with rapidly emerging economies are among the most likely to ramp up investment in upskilling their workforce in the near future, compared to developed economies such as the UK.

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UK could receive £83 billion GDP boost by halving regional productivity gap

UK could receive £83 billion GDP boost by halving regional productivity gap

UK productivityUK GDP could be boosted by 4 percent – or £83 billion – if local areas with below-average productivity levels could make up half of the gap, according to PwC’s latest UK Economic Outlook. The report examines UK regional productivity, revealing wide variations in domestic productivity per job, as well as from an international perspective. PwC concludes that UK output per worker is around 10-15 percent behind Germany, France and Sweden and more than 30 percent behind the US. More →

Office design can be a vehicle for equality and change

Office design can be a vehicle for equality and change

workplace design for inclusionThe way companies design physical environments is a direct reflection of their values and beliefs. Inequality is hardwired into the “standard” office layout, with perimeter offices and fixed desks offering limited settings for unstructured collaboration and recreation, further perpetuating the issue. Modern office design often favours extroversion and emphasises a hierarchy with values that benefit only a small portion of the overall workforce, contributing to organisation-wide imbalance. So how do we create more inclusive workplaces that can be leveraged as vehicles for change? More →