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A changing world with inbuilt human obsolescence defines first day of CoreNet Global

A changing world with inbuilt human obsolescence defines first day of CoreNet Global

The  forces that are changing the world, from AI and the current digital and technological transformation, to the short and long-term implications of Brexit, provided many of the key lessons during the first day of the CoreNet Global Summit in Madrid.

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Around half of workers expect to have multiple careers throughout their working life

Around half of workers expect to have multiple careers throughout their working life

Just under half of UK workers (46 percent) expect to have multiple careers throughout their working life, as opposed to one structured and lifelong career, according to a new report from employee benefits firm Unum and researcher The Future Laboratory. The Future Workforce (registration required) sets out to examine the motivations and priorities of UK workers, to understand how the nation’s workforce will change over the next decade. Insights were drawn from a survey of more than 3,000 UK workers, as well as from interviews with a range of industry experts and business leaders.

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Working long and hard? It may do more harm than good for your productivity and wellbeing

Working long and hard? It may do more harm than good for your productivity and wellbeing

Nearly half of people in the EU work in their free time to meet work demands, and a third often or always work at high speed, according to recent estimates. If you are one of them, have you ever wondered whether all the effort is really worth it? Employees who invest more effort in their work report higher levels of stress and fatigue, along with lower job satisfaction. But they also report receiving less recognition and fewer growth opportunities. And they experience less job security. So increased work effort not only predicts reduced wellbeing, it even predicts inferior career-related outcomes.

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London pledge to make all new buildings operate at net zero carbon by 2030

London pledge to make all new buildings operate at net zero carbon by 2030

London pledges to make all new buildings zero carbon by 2030London has joined 18 other cities around the world, including Paris, New York and Tokyo, in a landmark commitment to make all new buildings operate at net zero carbon by 2030. Regulations and planning policy will also target existing buildings to make them net-zero carbon by 2050. Net zero carbon buildings are buildings which reduce all energy use as far as technically possible, with remaining demand met through renewables. The commitment has been orchestrated by C40 cities, a global group of major cities committed to delivering on the most ambitious goals of the Paris Agreement at the local level. As city authorities do not have direct control over all the buildings in their area, the commitment includes a pledge to work together with the private sector as well as state and regional governments to drive the transformation. This pledge from cities is part of the World Green Building Council’s Net Zero Carbon Buildings Commitment for businesses, cities, states and regions.

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Employees reveal truth about company culture

Employees reveal truth about company culture

Organisations must do more to engage with their people and meet their personal expectations if they want a positive work culture, highlights a new research white paper by leading HR and payroll supplier, MHR.  ‘Company Culture: Don’t Just Throw Money at The Issue’ explores the real experience of UK employees and their true thoughts about their employers. The paper, based on findings from a survey of 1174 UK employees by YouGov on behalf of MHR, reveals that 49% of employees believe the portrayed public image of the company they work for matches the actual experience of working there. The research shows that employees are generally happy with the culture at their workplace, with 70% of people agreeing their company’s ethos is well communicated to staff, and 61% saying they would feel comfortable speaking to their manager if they felt the company wasn’t delivering on its aims.

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Facilities managers are smarter and more data driven than ever

Facilities managers are smarter and more data driven than ever

Facilities managers are responding to a range of macro influences such as changing demographics, the uptake of flexible working, new technology and social change by adopting a new way of looking at the workplace, claims a new report from CBRE.  The report claims to identify the major trends in facilities management, most important that people increasingly want to choose where and when they work and the effect this has on the physical workplace and its features, services and technology.

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A third of employers report rise in time off as mental health becomes less taboo

A third of employers report rise in time off as mental health becomes less taboo

Around 30 percent of businesses have seen an increase in the number of staff taking time off for mental health reasons, according to a survey conducted by business organisation British Chambers of Commerce, and insurer Aviva. One in three (33 percent) business leaders have also noticed an increase in the length of time that staff are taking off due to mental health issues.

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Is driver behind the widening parental leave gap a lack of rights in the gig economy?

Is driver behind the widening parental leave gap a lack of rights in the gig economy?

Could the driver behind the widening parental leave gap be the rise of the gig economy?The already low number of fathers claiming paternity leave has fallen for the first time in five years, to 213,500, down 3 percent from 221,000 last year an analysis by law firm EMW has revealed. To help encourage more men to take paternity leave, the Government launched the shared parental leave scheme in 2015. However, take up of the scheme has also been slow, with less than 2 percent of all UK fathers participating. These latest figures suggest that hundreds of thousands of men are not taking up their entitlement to paternity leave. In comparison with low rates of paternity leave, nearly treble the number of mothers (662,700) took maternity leave in 2017-2018, up from 661,000 in 2016/17. More →

Digital transformation is making it challenging to find qualified employees

Digital transformation is making it challenging to find qualified employees

Digital transformation making it challenging to find qualified employeesTraditional job roles are becoming more complex due to digital transformation initiatives a new poll claims, with UK businesses having to wait more than five months, on average, for new joiners to get up to speed in their jobs. In the research by Robert Half of almost 5,000 CFOs in 14 countries, CFOs in the UK report that the key skills for finance professionals are changing. With digital transformation a priority for many organisations, there is now more focus on skills such as data analysis (cited by 43 percent of CFOs), financial analysis (35 percent), and data forecasting (34 percent). Finding the right people with these abilities is made even more challenging by the fact that businesses around the world are struggling to find qualified professionals. Almost all (93 percent) UK businesses find it challenging to attract qualified accounting and finance professionals. Globally, the issue is equally pronounced, with 94 percent of businesses also reporting similar challenges.

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When it comes to change management, culture sometimes eats strategy for breakfast

When it comes to change management, culture sometimes eats strategy for breakfast

21st Century organisations are under constant pressure to evolve. They are beset by a number of forces that demand they change constantly. These include the need to restructure the organisation, adapt to new technologies, respond to competitors and changes in the economy and legislative environment. Inevitably, this constant need to change affects both people and the built environment in very profound ways. However, according to a study of Culture and Change Management published by the Katzenbach Center, only around half of all transformation initiatives meet their objects over time. Among the biggest obstacles to successful change management cited by the study is change fatigue, which is characterised by a lack of empathy and a widespread failure to engage with the change process.

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London, Singapore and Seoul are the top smart cities in the world

London, Singapore and Seoul are the top smart cities in the world

London, Singapore and Seoul make up the top three smart cities worldwide, according to new research from the Eden Strategy Institute. The 2018-19 study, in partnership with ONG&ONG Experience Design (OXD), involved 140 smart cities ranked across 10 measures; clarity of vision, leadership, budget, provision of financial incentives, support programmes, talent readiness, a people-centric approach, development of an innovation ecosystem, implementation of ‘smart’ policies and, finally, a track record of previous initiatives and projects. New York and Helsinki rounded off the top five cities, with Montreal, Boston, Melbourne, Barcelona and Shanghai finishing in the top 10.

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The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

Policymakers and business leaders must work to improve wellbeing among the self-employed, a new report by the Centre for Research on Self-Employment (CRSE), has said. Instead of exploring self-employed wellbeing through the conventional prism of economic success, the report, The Way to Wellbeing, adopts a new approach. It considers people’s overall life satisfaction, based on their subjective assessments of various aspects of their lives – including jobs, income, health, family life and leisure. The report found that wellbeing was higher among self-employed people by using subjective assessments of different aspects of their lives. This is the first time a major report of its kind has taken a holistic view of wellbeing – looking at jobs, health, family life and leisure – to build an overall picture of life satisfaction, rather than just using a narrow measure of economic success.

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