Search Results for: Gen Z

Up to a third of UK jobs to be displaced by robots in near future

Up to a third of UK jobs to be displaced by robots in near future 0

by • News, Technology

The latest report to examine the disruptive potential of robots in the workplace has been published by PwC as part of the firm’s regular Economic Outlook series. The study claims that up to 30 percent of existing UK jobs will be susceptible to automation by robots and Artificial Intelligence by the early 2030s, although in many cases the nature of jobs will change rather than disappear and the change will increase productivity and wealth. This is lower than the US at 38 percent and Germany at 35 percent, but higher than Japan at 21 percent. The report looks in detail at the composition of jobs in different industry sectors and occupations, using machine learning techniques to model the potential impact of AI in the future based on OECD data. The likelihood of automation appears highest in sectors such as transport, manufacturing, and wholesale and retail, and lower in education, health and social work.

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Review advises employers should devise elder care policies as pension age increases

Review advises employers should devise elder care policies as pension age increases 0

by • Flexible working, Legal news, News, Wellbeing, Workplace

Review advises employers should devise elder care policies as pension age increases

A review of the state pension age (SPA) led by former Confederation of British Industry (CBI) director general John Cridland has recommended that the State Pension age shouldn’t rise to 68 until between 2037 and 2039 and should not increase more than 1 year in any 10 year period. The report has also advised that all employers should have elder care policies in place which set out a basic care offer and that people should be able to access a mid-life career MOT and review which should be facilitated by employers and by the government using online support and through the National Careers Service. Commenting on the report, which will be considered before any decision is made on changes to the State Pension age timetable after 2028, the Centre for Ageing Better has welcomed its recommendations on wider actions to mitigate the impact of bringing the timetable forward for increases to the State Pension Age.

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The digital revolution is polarising the labour market and increasing wage inequality

The digital revolution is polarising the labour market and increasing wage inequality 0

by • News, Technology

The increasing ability of machines to perform cognitive, physical, and social tasks has polarised labour markets by “hollowing out” demand for middle-skill jobs, claims a new report published by IZA World of Labor based on research from economist Michael Gibbs of Chicago Booth School of Business. It suggests that analytical, problem solving, and social and communication skills are likely to be most valued in employees in the future. The new report finds that the advance of technology has opposing effects on jobs. It facilitates automation, creating fewer and less motivating middle-skill jobs. Conversely, it complements social and innovation tasks, creating more interesting low- and high-skill jobs. This causes labour market polarisation, “hollowing out” demand for middle-skill jobs, and increasing wage inequality.

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Employers in industries reliant on overseas workers will be hardest hit by Brexit

Employers in industries reliant on overseas workers will be hardest hit by Brexit 0

by • News, Workplace

Brexit MigrationAccommodation and food services, manufacturing, and transport industries will be hardest hit by limits on movement of EU and non-EU workers following Brexit, a new report has claimed. The latest edition of Mercer’s Workforce Monitor has highlighted how reliant certain sectors of the UK economy have become on EU-born and non-EU born workers, as respectively, 33 percent, 23 percent and 20 percent of accommodation and food services, manufacturing, and transport are made up of non-UK-born nationals, meaning companies in those sectors, and those reliant on them, are especially at risk from the changes in the UK’s migration policy. According to Gary Simmons, Partner at Mercer, “Since 2013, the UK-born workforce has been declining as people retire and we can see how reliant certain industries are on overseas workers filling the gaps. The UK is likely to impose more stringent migration controls in the future and this will reduce the number of overseas workers available.”

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People’s wellbeing never fully bounces back from unemployment, claims study

People’s wellbeing never fully bounces back from unemployment, claims study 0

by • News, Wellbeing, Workplace

unemployment and wellbeingLosing a job creates a ‘new normal’ for personal wellbeing that never goes back to previous levels, a new international study claims. Unemployment is damaging to people’s wellbeing regardless of their age, gender, level of education, ethnicity or region. The new study, co-authored by the What Works Centre for Wellbeing and the University of East Anglia, looked at the impact of unemployment across a number of countries and found that joblessness tops even divorce or widowhood in its impact on our life satisfaction. The evidence also suggests people never adapt fully to unemployment. The longitudinal study of 24,000 people found on average that individuals had lower life satisfaction following unemployment and this never recovered to the pre-unemployment levels. These results applied to men and women, but the effects were found to be stronger for men. Men also were found to be happier than women once in a new job. The type of work is also important with temporary jobs proving worse than permanent work.

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White paper sets out challenges of Brexit for UK’s built environment sector

White paper sets out challenges of Brexit for UK’s built environment sector 0

by • News, Property

BSRIA has published a new white paper to explore how issues related to Brexit will impact the UK’s built environment sector. The report highlights the ways in which the industry that supports the built environment has a major impact on the overall UK economy and plays a positive role in supporting the government’s climate change and emissions reduction objectives. According to the white paper, the sector is particularly sensitive to the uncertainties surrounding Brexit because it is technology intensive, requires a highly-skilled workforce, and is very dependent on international trade.

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New guide to creating an accessible and inclusive built environment

New guide to creating an accessible and inclusive built environment 0

by • Architecture, Facilities management, News, Workplace design

The Construction Industry Council has published a new guide to creating an accessible and inclusive environment.  The guide sets out six principles as suggested by the Office for Disability Issues to ‘guide, support and motivate’ industry professionals. The guide is an initiative that emerged from the Built Environment Professional Education Project – a government project that has been championed by CIC. The aim is to build on the legacy of the London 2012 Olympic and Paralympic Games by helping to generate a change in the way skills related to inclusive design are taught in the UK. The aim is that all built environment professionals will receive mandatory, quality teaching about inclusive design so that they can help create inclusive building, places and spaces for future generations.

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Mobile and internet connectivity should be a priority for commerical real estate

Mobile and internet connectivity should be a priority for commerical real estate 0

by • Comment, Facilities management, News, Property, Technology

Mobile and internet connectivity should be a priority for commerical real estate

Cluttons has proposed that a mobile coverage rating should be added to lettable workspace criteria, because despite mobile and internet connections being the fifth essential utility for the modern environment they are often overlooked when leasing space. With the rise of dependence on SIM-based equipment, the property firm argues that workplaces should be let with a coverage rating, measuring connectivity within a property. It argues that given the fast-paced evolving nature of the sector, landlords who invest in excellent telephony infrastructure are likely to secure tenants for longer periods and potentially achieve higher rental values. The approach is being borne out by the government recognising the importance of better mobile and internet infrastructure, by making it a focal point to extend superfast broadband to 95% of the UK by the end of 2017. This comes as no surprise given that several emerging markets are leap-frogging the adoption of technology and are quickly outpacing the UK in the sophistication of infrastructure on offer to occupiers. London is ranked near to the bottom of the internet connectivity league table when looking at Europe.

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Western European cities ranked high by multinationals on quality of infrastructure

Western European cities ranked high by multinationals on quality of infrastructure 0

by • Cities, Facilities management, News, Property, Workplace

City infrastructure plays a key role when multinationals decide where to establish locations abroad and send expatriate workers, claims a new report. Mercer’s 19th annual Quality of Living survey now includes a supplementary question on city infrastructure, as easy access to transportation, reliable electricity, and drinkable water are all important considerations when determining hardship allowances based on differences between a given assignee’s home and host locations. Western European cities hold most of the top ten places in the city infrastructure ranking, with Frankfurt and Munich jointly ranking 2nd worldwide, followed by Copenhagen (4) and Dusseldorf (5). London is in 6th place, and Hamburg and Zurich both rank 9th. However, in terms of quality of living which is ranked separately, Vienna (pictured) occupies first place for overall quality of living for the 8th year running, and despite increased political and financial volatility in Europe, many of its cities offer the world’s highest quality of living and remain attractive destinations for expanding business operations and sending expatriates on assignment. In the UK, London is favoured for its overall quality of living and for its city infrastructure.

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Age remains the biggest obstacle to career progression in Europe

Age remains the biggest obstacle to career progression in Europe 0

by • News, Workplace

European employees feel that age is the biggest factor preventing them from progressing in their career, according to research of nearly 10,000 European working adults by ADP. A fifth of employees name age as their biggest obstacle, followed by favouritism (7 percent), lack of opportunities with current employer (7 percent), qualifications (5 percent), and family needs (5 percent). Age is a particularly cited obstacle in the Netherlands (24 percent), Switzerland (21 percent) and the UK (20 percent). This issue increases as workers get older, with 46 percent of over 55s and 27 percent of those aged 45-54 feeling this way. This situation may reflect the increasing generational diversity of the workforce, as five generations of employees will soon be working side by side. Advancing technologies and more significant age differences in the workforce are likely to be isolating older workers, who may feel outdated by a younger, tech-ready generation.

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Female FTSE 100 leaders require more prestigious academic background than men

Female FTSE 100 leaders require more prestigious academic background than men 0

by • Legal news, News, Workplace

Women require more prestigious academic background than men to be a FTSE 100 leader

Only 10 percent of Executive Directors on FTSE 100 boards are female compared with 35 percent of Non-Executive Directors and it seems that those who reach this level require a stronger academic pedigree than their male counterparts. According to preliminary findings from The Leadership 10k1 report from Green Park, women leaders in the UK’s biggest firms are three times more likely than male counterparts to have degrees from either Russell Group or Ivy League universities. The research finds that 76 percent of the total employees in top 20 positions across the FTSE 100 who graduated from a Russell Group university are female while 70 percent of leaders who graduated from an Ivy League university are female. Overall, this suggests that women are three times more likely to need a qualification from a prestigious university to gain a board position in the UK than men.

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What the budget meant for the workplace; experts have their say

What the budget meant for the workplace; experts have their say 0

by • Flexible working, News, Property, Technology

BudgetAs has been the case with recent UK Government Budget announcements, Chancellor Philip Hammond’s first Budget addressed a number of issues related to the workplace, technology and infrastructure. It was the first Budget delivered in the post Brexit era and this clearly informed many of the announcements made. While most of the headlines over the past 24 hours have related to the changes to the tax status of the self-employed as a way of raising around £2 billion, the announcements also covered a broad range of topics related to the workplace, HR, technology and property sectors and have drawn an immediate response from key figures in the sector. These include nearly half a billion pounds relief on the vexed question of business rates reforms, a new focus on technical qualifications and a greater investment in 5G and other forms of digital infrastructure. We’ll be having our own say about the implications of the Budget in the near future, but in the meantime, here’s a rundown of the key announcements and the reaction of industry experts.

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