September 18, 2019
More than half of all female professionals – 57 percent – have never attempted to negotiate a pay rise, according to a new report from professional recruitment firm Robert Walters. Its findings suggest that men are 23 percent more likely to negotiate a pay rise across all stages of their career, even though the amount that negotiators pitch for is not far removed from their female counterparts. More →
September 17, 2019
Research from Gallup suggests that people feel unprepared for the introduction of new technologies, despite being optimistic about their job prospects. The Gallup Real Future of Work report of 4,000 employees has found that people around the world are generally upbeat about the impact of technology and automation on their careers, despite some analysts predicting that AI-enabled machines would take over 50 percent of human jobs within the decade. More →
September 16, 2019
Many British High Streets face a bleak future as policymakers are failing to identify a clear economic focus to city centre regeneration strategies. According to the Centre for Cities’ latest research, in partnership with Nationwide Building Society, success is defined by those policies that create skills, jobs and quality office space for businesses rather than currently accepted interventions such as cultural initiatives, business rate reforms and online sales taxes. More →
September 12, 2019
Over half of workers believe automation will significantly change or make their job obsolete within the next ten years and three quarters would learn new skills or completely retrain to improve their future employability. Yet people given fewer opportunities to learn new digital skills are more fearful of the impact of automation, and are more likely to have lower levels of education. More →
September 10, 2019
Managers should seriously consider giving their employees the reins for a day to test new research that indicates seven out of 10 employees worldwide (69 percent) say they can do their boss’s job better, despite nearly the same number of workers (71 percent) grading their boss’s competence a B or better.
The Global State of Managers research comes from The Workforce Institute at Kronos Incorporated and Future Workplace, which examined how nearly 3,000 employees in Australia, Canada, France, Germany, India, Mexico, the U.K., and the U.S. would grade their manager’s effectiveness across five factors: communication, competence, empowerment, professional development, and support.
According to the study, employees grade their managers high on competence but nearly fail them when it comes to work-life balance and job coaching. Overall, people feel managers are good at their jobs, with the majority of employees grading bosses an A or B for competence (71 percent) – the highest grade given – and work ethic (70 percent).
Bosses also received high marks (B or better) for their communication skills, people management skills, and ability to handle performance-related issues (all 67 percent). The older the employee, however, the more critical they are of their boss: Baby Boomers1 and Gen Xers grade managers more harshly with a C, D, or F for overall people management skills (37 percent and 38 percent, respectively). Worldwide, the employee-manager connection remains critically important: 70 percent of employees say their relationship with their manager is an extremely or very important factor when deciding to remain at their current job, with 22 percent agreeing it’s somewhat important. Millennial (79 percent) and Gen Z (73 percent) employees feel strongest about the importance of the manager relationship for retention compared with Gen X (66 percent) and Baby Boomer (62 percent) counterparts.
Other findings
Differences by sector and nationality
Despite rating their managers No. 1 in all categories, 95 percent of Indian employees still say they could do their boss’s job better all of the time (47 percent) or some of the time (48 percent). This sentiment is followed by 87 percent of Mexican workers and 71 percent of French workers. Canada (61 percent) and U.S. (59 percent) workers feel the least confident that they could do their boss’s job better – yet it’s still more than half of all employees.
Managers in the technology industry are on top overall, scoring highest marks (A or B) in people management (81 percent), communication (75 percent), and modeling work-life balance (70 percent). Professional services managers (e.g. accountants, engineers, lawyers) rank second-best, with 70 percent of employees grading them a B or better for people management and communication. Employees in the technology (77 percent) and finance (70 percent) sectors say they have a strong or very strong relationship with their boss, followed by manufacturing (62 percent); education (61 percent); retail (61 percent); and professional services (61 percent).
There is room for managers to model better work-life balance in frontline industries – i.e. those who must be present to do their jobs – with 53 percent of employees in federal government, 42 percent in healthcare, and 42 percent in retail giving their boss a C or worse.
Regarding pure competence, managers are graded worst – C or lower – by public safety (44 percent); federal government (39 percent); transportation/distribution/logistics (35 percent); and healthcare (34 percent) employees. More than one in three employees give poor marks of a C or worse for their manager’s work ethic in federal government (37 percent); healthcare (34 percent); transportation/distribution/logistics (34 percent); and manufacturing (33 percent).
Image by Pixabay
September 9, 2019
As many as 120 million workers in the world’s 12 largest economies may need to be retrained or reskilled over the next three years as a result of the advent of artificial intelligence (AI) and automation, according to a new IBM Institute for Business Value (IBV) study. It also suggests that only 41 percent of CEOs surveyed say that they have the people, skills and resources required to execute their business strategies.
September 2, 2019
One in three (30 percent) requests for flexible working are being turned down, according to a new TUC poll published today (Monday). The polling – published as children around the UK go back to school this week – reveals that flexible working is not available to many workers, and that people in working-class jobs are most likely to miss out on it. More →
August 23, 2019
A right leaning think tank’s suggestion that the UK should set a new retirement age of 75 and introduce a range of measures to extend people’s working lives to boost the economy and improve people’s wellbeing sparked an inevitable paroxysm of rage. Immediately followed by an equally inevitable and furious level of what passes for debate these days. A stramash the Scottish would call it. More →
August 21, 2019
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.
August 20, 2019
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 15, 2019
Because qualifications are only part of the story for employers, who are placing more emphasis on essential skill sets, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors (the CIPD, The Careers & Enterprise Company, Business in the Community, the Gatsby Foundation, EY Foundation and the Skills Builder Partnership) have come together for the first time to agree a universal framework for essential skills. It will build on the Skills Builder Framework, already used by over 700 organisations, and set out the skills needed to thrive at work, as well as how these can be assessed and developed. It can be used by students, workers and employers. More →
September 11, 2019
Mixed messages in labour market, but signs of trouble ahead
by Tony Wilson • Business, Comment