Search Results for: labour

Leaders need to rethink work to get the most out of AI and automation

Leaders need to rethink work to get the most out of AI and automation

Leaders need new tools to increase automation in their organisations, says Ravin Jesuthasan, Managing Director at Willis Towers Watson, in a new book. Reinventing Jobs: a 4-step approach for applying automation to work, co-authored with John Boudreau, presents a four-step framework to give leaders a systematic process for applying new automation to work, supported by dozens of case studies from around the world.

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Learning to learn will be key skill in new world of work

Learning to learn will be key skill in new world of work

A joint report by the Secretariat of the All Party Parliamentary Group on AI, Big Innovation Centre, and professional services firm KPMG has been published, identifying the key skills individuals and organisations will need if they are to survive and thrive in the unfolding future. The report finds that jobs in the labour market of the future will look very different from today and the transformation is likely to be dramatic. It also calls for companies and governments to equip citizens and employees for that future, to help them learn the new skills needed to be relevant in a world of constant transformation.

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Nearly half of UK workers do not have skills that match their job, says CIPD

Nearly half of UK workers do not have skills that match their job, says CIPD

Nearly half of UK workers do not have the skills to match their job says CIPDAlmost half (49 percent) of UK workers are in jobs they are either under- or over-skilled for, according to new research from the CIPD. Its report ‘Over-skilled and underused: Investigating the untapped potential of UK skills’ surveyed 3,700 UK employees and found that more than a third (37 percent) of workers have the skills to cope with more demanding duties than they currently have. At the opposite end of the scale, one in ten (12 percent) employees said they lacked all the skills needed to carry out their job effectively. This means that as many as half (49 percent) of UK workers could be in the wrong job, based on their skill level. The UK has one of most skilled workforces in the world, with 42 percent of workers qualified to degree level, yet it also has the highest proportion of jobs within the OECD which require no qualifications at all.

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Stressed, ignored and knackered – the lot of British workers in 2018

Stressed, ignored and knackered – the lot of British workers in 2018

Workers in Britain feel that they are working harder than ever before, new research reveals. The Skills and Employment Survey, a joint project between Cardiff University, University College London and the University of Oxford, has been researching the views of workers since the mid-1980s.

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It is not particularly easy to change human behaviour by design

It is not particularly easy to change human behaviour by design

virgin media designMany of the techniques employed by modern illusionists rely on a thorough grounding in the research of psychologists. They’re not alone in standing on the shoulders of academics to bend people to their will. Many of our beliefs about the workings of our society and workplaces and their design are based on this sort of manipulation. It’s telling that the growth of consumerism in the 20th Century, especially after the War when we first began to move from a needs based economy to one fuelled by desire, was driven by the ideas of Sigmund Freud’s nephew. Edward Bernays became the ‘father of PR’ by popularising his uncle’s theories in the US then applying them to mould the subconscious desires of the American masses. He did this not just in the name of commerce but also in that of politics because he believed that society was becoming increasingly irrational, immoral and dangerous.

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Britain should make it easy for high skilled immigrants in the wake of Brexit vote

Britain should make it easy for high skilled immigrants in the wake of Brexit vote

The UK Government should restrict levels of  immigration by low-skilled workers after Brexit, but at the same time make it considerably easier for for medium-skilled and high-skilled workers from around the world, according to a new report from the Migration Advisory Committee. The detailed report was commissioned in July 2017 by Home Secretary Amber Rudd. Its main conclusion is that there is a great deal of hard evidence of the benefit enjoyed by the UK as a result of the migration of highly-skilled migrants and that future policy should reflect this. The study published today, Tuesday, is expected to have a significant effect on the contents of the government’s immigration white paper, due for publication later this year. The report’s conclusions closely match the policy proposals that Home Office officials have outlined to immigration specialists. However, no special preference would be given to EU citizens in the UK’s future immigration system post-Brexit.

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Half of all workplace tasks will be performed by machines within seven years

Half of all workplace tasks will be performed by machines within seven years

The world is going through a workplace revolution that will bring a seismic shift in the way humans work alongside machines and algorithms, according to new research by the World Economic Forum. By 2025 more than half of all current workplace tasks will be performed by machines as opposed to 29 percent today. Such a transformation will have a profound effect on the global labour force, however in terms of overall numbers of new jobs the outlook is positive, with 133 million new jobs expected to be created by 2022 compared to 75 million that will be displaced. The research, published in The Future of Jobs 2018, is an attempt to understand the potential of new technologies to disrupt and create jobs. It is also seeks to provide guidance on how to improve the quality and productivity of the current work being done by humans and how to prepare people for emerging roles.

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Growing gig economy could be behind buoyant ONS employment figures

Growing gig economy could be behind buoyant ONS employment figures

Gig economy could be behind buoyant ONS employment figuresRecent ONS figures showing a rising employment rate could be inflated by the growth of zero-hour contracts within the gig economy, as the number of UK workers on zero hour contracts having more than tripled since 2012. This is propping up overall employment levels by accounting for almost a quarter of overall employment growth, new data by Adzuna has suggested. With the employment rate currently at a record high of 75.7 percent according to the ONS, Adzuna’s data compares recent growth in the number of people in work overall to the increasing number of zero hour contracts, to ascertain how much these contracts have contributed to the growth.

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Nearly half of employees worldwide could do their jobs in 5 hours or fewer each day

Nearly half of employees worldwide could do their jobs in 5 hours or fewer each day

According to a global survey of nearly 3,000 employees across eight countries conducted by The Workforce Institute at Kronos Incorporated, nearly half (45 percent) of full-time workers say it should take less than five hours each day to do their job if they worked uninterrupted, while three out of four employees (72 percent) would work four days or less per week if pay remained constant. Yet, 71 percent of employees also say work interferes with their personal life.

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Call for employers to do more for older workers

Call for employers to do more for older workers

A new report from the charity and lobbying group the Centre for Ageing Better has called for employers to be more age-friendly and inclusive of those over 50, including doing more to tackle age discrimination in the workplace. According to the study, significant numbers of older workers feel they are being discriminated against at work because of their age, including believing they have been turned down for jobs (9 percent) and being offered fewer opportunities for training and progression (32 percent).

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Reinventing jobs for an automated future workplace

Reinventing jobs for an automated future workplace

Earlier this year, the European Commission announced it will invest €20 billion in Artificial Intelligence (AI) research and development by 2020 to boost the adoption of AI and robotics across multiple industries, which will have a significant impact on the way work across sectors gets done. Facing demographic deficits, Europe and Japan – and to an extent the US and China – are highly motivated to continue investment into AI, which is growing at an annual rate of 15 percent, and set to reach $1 trillion globally by 2050, according to Morgan Stanley.

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A new era of technology could resolve UK low productivity at last

A new era of technology could resolve UK low productivity at last

A new McKinsey study sets out to address the reasons why the United Kingdom experiences chronically low productivity and what can be done to use technology to improve its performance. In the report, Solving the UK’s productivity puzzle in the digital age, the authors argue that “Britain stands out as one of the worst productivity performers among its peers”. They argue that there are four distinct reasons for the weakness since the economic crisis: “boom and bust” in the financial sector, the strength of employment growth, weak investment and uneven “digitisation”.  It claims that the UK is operating at only 17 per cent of its digitisation potential, indicating how much scope for improvement there is.

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