Search Results for: economy

Automation presents some legal risks you really need to address

Automation presents some legal risks you really need to address

automation Many think that robots making deliveries, ‘waitering’ in restaurants or working at hospitals is a long way off. However, breakthroughs in robotics, machine learning and other technologies are making automation a reality in many industries. This will accelerate in upcoming years. Indeed, the smart technologies are forecast to add a whopping $15 trillion to the global economy by 2030. Among their many advantages for businesses are increased, faster output and slashed error rates. They also give employees the time to concentrate on people processes, such as sales and marketing or client relationships. More →

Circularity is now essential in the delivery of net zero buildings

Circularity is now essential in the delivery of net zero buildings

net zero buildingThe UK Green Building Council (UKGBC) has published new insight into the positive impact circular thinking can have in delivering whole life carbon reductions and value creation across construction projects. The study, ‘How Circular Economy Principles can impact carbon and value‘ seeks to increase understanding within the built environment sector of how circularity can support reductions in whole life carbon in achieving net zero. It also seeks to enable project decision-makers and key built environment stakeholders to strengthen the business case for implementing circularity. More →

Benefits of zero-hours contracts outweigh downsides for most people

Benefits of zero-hours contracts outweigh downsides for most people

zero hours contractsNew research from the CIPD suggests there needs to be a more balanced and nuanced debate about their place in the labour market, that recognises both the positives and downsides to zero-hours work. The CIPD’s new research ‘Zero-hours contracts – Evolution and current status’– claims that this kind of arrangement – where there’s no guaranteed minimum number of hours that must be worked – is an established part of the UK labour market. It finds that the number of people on ZHCs has changed little since 2015, making up just 3 percent of employment. Fewer than a fifth of employers (18 percent) use ZHCs, and they’re most often used in the hospitality and entertainment industries, in the voluntary sector, and typically in roles such as bar staff, waiters/waitresses, and care workers. More →

We can re-imagine the future of human resources

We can re-imagine the future of human resources

human resourcesThe world of work is changing rapidly. Businesses are having to make fundamental shifts to adjust to the emergence of new business models, technologies and the changing expectations of the workforce. This has left human resources teams all over the world needing to efficiently adapt the way they hire, develop and take care of their staff, with the most significant challenge being managing the needs of the current workforce, and addressing their future demands. More →

MPs call for Menopause Ambassador role to help women in the workplace

MPs call for Menopause Ambassador role to help women in the workplace

menopauseLack of support from employers for women with symptoms of the menopause is pushing ‘highly skilled and experienced’ women out of work, claims a new report from the cross-party House of Commons Women and Equalities Committee. The authors call on the Government to act, amending the Equality Act to introduce menopause as a protected characteristic, and to include a duty for employers to provide reasonable adjustments for menopausal employees. The MPs also urge the Government to remove dual prescription charges for oestrogen and progesterone as part of Hormone Replacement Therapy (HRT) nationwide, replacing it with a single charge for all women. 

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Four day week rejected by majority of SME leaders

Four day week rejected by majority of SME leaders

four day weekAround three quarters (76 percent) of UK business leaders are either unlikely or very unlikely to introduce the four day work week to their business, according to the latest quarterly UK SME CEO Confidence Index for Q2 2022 from Vistage. The study reports that the SME business confidence index hit 77 points, a 22 percent decrease since the last quarter. The index suggests that small and medium sized businesses overall feel pessimistic about the current economic landscape. 69 percent of SME leaders think that economic conditions have significantly worsened over the last 12 months. Only 5 percent predict that the economic landscape will improve over the next year, while 72 percent strongly believe that the economy will further deteriorate. More →

Supply chain disruption sees costs and complexity ramp up

Supply chain disruption sees costs and complexity ramp up

supply chain disruptionTwo-thirds (66 percent) of large enterprises globally say they are keeping more stock on hand now compared to the pre-pandemic period, with nearly one in five in total (18 percent) retaining ‘significantly more’ stock. This growing focus on taking innovative measures to address supply chain disruption is highlighted in new research commissioned by IFS, polling over 1,450 senior decision-makers at large enterprises across France, Germany, Nordics, USA, the UK and the UAE. More →

The fifteen minute city will transform the way we think about workplaces

The fifteen minute city will transform the way we think about workplaces

Paris fifteen minute cityFor most of history, there have been a small number of immovable truisms that formed the nature of what work is, and how communities form around it. While individuals have long held some agency around the structure and pattern of their work, being present in a communal workplace has been a non-negotiable reality. This need to work from an office comes wed with parallel requirements to help facilitate it. Employees have been willing to strike a compromise between where they wish to live and where they want to work through commutes, with the financial and time cost and associated stress that comes along with it. More →

Flexible working options can support women in the workplace

Flexible working options can support women in the workplace

flexible working womenAs of May 2022, more than one hundred years after the passage of the Sex Disqualification Removal Act – legislation which opened the workplace equally to women – more than half of the UK’s female professionals are at risk of leaving their jobs. As a recent study showed, 52 percent of women in the UK say they are either considering leaving or have already left a role due to lack of flexibility. The widespread nature of this “Flexidus” is chilling. The pandemic has already set back women’s participation in the workforce back 22 years behind men. How can businesses respond with the flexible working choices that many women are seeking? More →

Poor mental wellbeing costs UK contact centres almost £1 billion each year

Poor mental wellbeing costs UK contact centres almost £1 billion each year

mental wellbeing contact centresPeople working in contact centre roles say that work-related poor mental wellbeing is making them less productive, including answering fewer calls and taking more sick days – costing the industry over £990m in lost productivity every year. That’s according to a new study, Duty of Care Gap [registration] from MaxContact. The contact centres industry is a huge contributor to the UK economy, employing over 800,000 people across the country. Yet the industry is facing a mental health crisis, with 83 percent workers saying their work is taking a toll on their mental wellbeing, with staff reporting high stress levels (62 percent), anxiety (48 percent) and feeling overwhelmed (46 percent). More →

London Tech Week kicks off with new Government announcements on future of tech

London Tech Week kicks off with new Government announcements on future of tech

london tech weekThe Government’s review into the future of computing and its new UK Digital Strategy were unveiled at the start of London Tech Week as the world’s technology leaders, founders and next generation of tech superstars gather in the capital to collaborate on the future of the industry. Opening day speakers included Darktrace CEO Poppy Gustafsson, Darren Hardman, VP & General Manager, AWS, Theo Blackwell MBE in conversation with New York City’s CTO Matt Fraser, Klarna CEO Sebastian Siemi?tkowski and The Body Coach CEO & Creative Director Nikki Wicks. More →

Is hybrid working the final cure for workplace woes or the beginning of something better?

Is hybrid working the final cure for workplace woes or the beginning of something better?

hybrid workingThis year’s World Workplace Europe saw 2022 hailed as the year of the worker. A worthwhile focus considering negative emotions are on the rise, with more depression, anxiety and loneliness plaguing society despite the claimed benefits of hybrid working. The pandemic robbed us of many things. It restricted our freedom for two years and forced us to live, love and work in a way that felt a little less human. But at least there was a sense of unity, working together for the common good, a mask-muffled cry of “all for one and one for all” as people considered how their actions would and could impact others. More →