Search Results for: learning

Firms still paying lip service to digital transformation, but change may be coming

Firms still paying lip service to digital transformation, but change may be coming 0

Britain’s biggest businesses risk being disrupted by the pace of technological change because their senior leaders are paying lip service to the need for digital transformation, according to a study from tech startup AVADO. The study of senior managers responsible for the learning and development (L&D) of staff at Britain’s biggest firms with turnovers of over £100m found that the need for digital transformation is accepted, almost universally, among respondents. 86 percent say they have assessed the business risk of not taking action and 88 percent have taken steps to address this. Yet, despite 93 percent of L&D professionals saying a digital transformation strategy is in place, the report suggests critical top down buy-in is missing. Yet, a second report from recruiters Robert Half suggests that a growing number of firms in the key finance sector are now actively recruiting to improve their digital transformation strategy.

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The self employed have to rely on each other as government offers almost no support

The self employed have to rely on each other as government offers almost no support 0

The self employed are turning to one another for business and financial support, according to new analysis by the RSA think-tank. Commissioned by the Federation of Small Business (FSB) to examine how self-employed workers might manage the risks they face, the RSA report claims that growing numbers of workers are turning to collective sick-pay funds to manage ill health, cash pooling schemes to deal with late payments and micro-loan services to plug gaps in bank finance.  The RSA’s report, The Self Organising Self Employed concludes that, to date, both the state and the market have struggled to keep pace with the rising numbers of the self employed. Although successive governments have been vocal in their admiration of people who strike it out alone, holding up their attributes as ‘self-starters’ and ‘strivers’, this had led to a ‘non-interventionist, hands-off policy agenda, with the self employed broadly left to their own devices’.

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Extending the length of working lives could boost UK GDP by £80 billion

Extending the length of working lives could boost UK GDP by £80 billion 0

The UK could boost its GDP by around 4.2 percent (around £80 billion at today’s values) if the employment rate of workers aged over 55 could match that of Sweden, the highest performing EU country, according to a new PwC analysis comparing the employment of older workers across 34 OECD countries. There is a 12 percentage point gap between the employment rates of workers aged 55-64  in the UK and Sweden. PwC’s Golden Age Index is a weighted average of indicators – including employment, earnings and training – that reflect the labour market impact of workers aged over 55. The UK has remained middling in the rankings since 2003, falling by one place from 18th in 2014 from 19th in 2015. The report suggests that extending working lives could have a transformational effect on the economy.

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Job satisfaction is high but more focus is needed on employee development

Job satisfaction is high but more focus is needed on employee development 0

The CIPD/ Halogen’s Employee Outlook survey of over 2,000 employees has been tracking employee perceptions of work and working lives since 2009. In this article we explore trends in employee satisfaction with their jobs and broader engagement measures, as well as views on managers and satisfaction with learning and employee development opportunities and career fulfilment. Job satisfaction has increased since 2016, with 64 percent of employees now saying they are satisfied with their jobs, compared to just 16 percent who are dissatisfied. What is particularly interesting, though, is that job satisfaction continues to rise in the public sector at levels not seen before in this survey series. Seventy-two per cent of public sector workers are now satisfied with their jobs, compared to just 13 percent who are dissatisfied. While it’s not clear from this research exactly why such improvements have been made, it is part of an overall improvement in scores for the public sector which include attitudes to senior leaders, opportunities for voice in the workplace, as well as increased opportunities to learn and grow.

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Number of UK job vacancies are at their highest level since November 2015

Number of UK job vacancies are at their highest level since November 2015 0

The number of job vacancies across the UK now stands at its highest level since November 2015, according to the latest UK Job Market Report from Adzuna.co.uk. There are 1,179,586 openings currently being advertised, with just 0.44 jobseekers for every vacancy; while salaries – now sitting at £32,678 – have also been showing signs of recovery, increasing month-on-month since the start of 2017, which suggests the previous decline in wage growth may have been a temporary lull. While wage growth is picking up positive momentum, advertised wages still remain behind 2016 levels.  Indeed, a third of UK vacancies were impacted by recent increases in National Living Wage when it rose from £7.20 to £7.50 on April 1st.  Both Labour and the Conservatives have made pledges to increase the National Minimum Wage in their recently published manifestos. Admin (64 percent), catering (59 percent) and customer service (71 percent) are the sectors that the increase has affected most significantly.

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Inventing the Future: techUK launches 2017 manifesto

Inventing the Future: techUK launches 2017 manifesto 0

techUK, the association that represents a large part of the UK’s technology sector, has published a new manifesto ahead of the General Election which it claims ‘sets out a bold and ambitious vision for the next Government to create a modern and dynamic digital economy that works for everyone’. The organisation has set out a series of recommendation that aim to show how Britain can remain at the forefront of global tech innovation while it navigates Brexit and other forces. Its objectives include: boosting the UK’s productivity; harnessing digital transformation to build a smarter state; creating new jobs and a new skilled, adaptable workforce; and protecting and empowering people in a digital age.

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Reflection on facilities management and the people I’ve met along the way

Reflection on facilities management and the people I’ve met along the way 0

facilities management there and back againI’m in reflective mood. Yesterday was #WorldFMDay, I thought I should reflect on my affection for, and criticism of, Facilities Management (or Facility Management). It is merely one person’s perspective. But it may provide a viewpoint, perhaps useful (or not) for the younger professionals joining our sector. There are some great, varied, and sometimes well-paid careers ahead for people who pick up the education and variety of skills needed in today’s FM market. And to keep my friends happy, I’ll take the widest definition of FM that you may find! It is different in almost every organisation, and only limited by what one chooses to add to the FM portfolio. And the confidence shown in FM by the leadership of that organisation. That confidence is in the people who lead, manage and deliver FM – and there are some great leaders, managers and ‘do-ers’ around the world. It is a truly global sector.

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A mixed forecast for the accountancy profession: Brexit highs and digital lows

A mixed forecast for the accountancy profession: Brexit highs and digital lows 0

The accountancy profession is facing an uncertain future in the traditional sense. The question of automation is on everyone’s minds, as are the complexities of Brexit. On the one hand, news from the Association of Chartered Certified Accountants (ACCA) suggests accountants will be in high demand during the Brexit process, on the other, gloomy reports of job automation suggest accountants will be one of the professions hardest hit in Britain’s long-term future. The implications of Brexit are yet to be uncovered. Clearly, Brexit will be a complex process and businesses will undoubtedly require the strategic insight and rigour of the accountancy profession. We have accepted that exiting the EU will likely be a complicated drawn-out process. The effects on business will be bound up in complex trade deals, government policies and the ratification of EU laws affecting business in the UK.

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Automation starting to generate productivity gains, but no major job losses yet

Automation starting to generate productivity gains, but no major job losses yet 0

Business process automation is enabling companies to realise significant productivity gains in such areas as finance, accounting and HR, but it is not yet leading to broad job losses, according to a new study from tech research firm Information Services Group (ISG). Beyond automation’s impact on enterprises, the first ISG Automation Index report also claims that IT service providers are extensively introducing automation into their offerings, leading to dramatic improvements in productivity and service levels. This accelerated pace of change is prompting the vast majority of IT and business leaders to say that IT will be the business function most impacted by automation in the next two years.

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Workplace reforms become a key element in the election debate

Workplace reforms become a key element in the election debate 0

The workplace has become one of the key battlegrounds in the UK general election debate, as the main political parties seek to court mainstream opinion and with the imminent publication of the Taylor Review into the gig economy. The Labour Party will today announce in its manifesto a commitment to provide 30 hours of free childcare for all two to four-year-olds, covering 1.3 million children. Yesterday, the Conservatives announced that employees will be offered the right to take up to a year off work to care for family members with illness or disability as well as commitments to introducing statutory child bereavement leave and the right to request time off work for training. There are also expected to be other announcements into the workings of the gig economy with new rules to extend maternity and sickness pay to workers who are currently classed as self-employed.

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CIPD calls for range of measures for British workforce ahead of General Election

CIPD calls for range of measures for British workforce ahead of General Election 0

The next Government needs to put ‘good work’ at the heart of its thinking in order to improve the economy, boost individual welfare and prosperity – creating the conditions for good work in organisations across the country, says the CIPD ahead of the General Election. In its ‘Manifesto for Work’ the CIPD is calling for publication of pay ratios, additional rights for zero-hours workers and increased investment in adult skills. The manifesto’s package of aim to address the systemic problems in the UK economy by focusing on the positive influence the world of work can have on productivity and wellbeing. As well as an overhaul of the UK Corporate Governance Code, the CIPD is also calling on the next Government to protect and raise awareness of employment rights, make skills the centerpiece of their industrial strategy and take steps to improve gender diversity in the boardroom. It also calls for organisations to focus more on greater organisational transparency so that businesses are more accountable for incorporating the principles of good work across their organisations.

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Scotland needs to develop new skills as era of automation threatens half of jobs

Scotland needs to develop new skills as era of automation threatens half of jobs 0

Urgent reform is needed to deal with the rise of automation, which threatens half of Scottish jobs, a leading think-tank has warned. The stark warning comes in a new report from IPPR Scotland, supported by the JPMorgan Chase Foundation. Scotland’s Skills 2030 outlines the need to reskill Scotland’s workforce for the world of work in 2030. The study claims that 46 percent of jobs in Scotland – or 1.2 million – are at high risk of automation up to 2030 and beyond. It suggests that Scotland’s skills system needs to “retrofit” the workforce with the skills to be ready for technological change – 2.5 million adults in Scotland today (or 78 percent) will still be of working in 2030, report adds.

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