Search Results for: confidence

How digital platforms are revolutionising the outplacement experience

How digital platforms are revolutionising the outplacement experience

For the first time since the 2008/2009 financial crisis, redundancy rates have risen, and this trend looks set to continue throughout 2024. Just over 42 percent of employers (HR Director) are planning to make redundancies in a year that has already seen a string of high-profile companies announce job cuts. Businesses are reorganising, considering ideas such as outplacement, and the market landscape is changing in more ways than one. With a new wave of Gen Zs raising the bar for issues that matter to them, employers are now facing expectations that are different to that of Boomers. More →

SMEs turn to AI and acquisitions to navigate an uncertain future

SMEs turn to AI and acquisitions to navigate an uncertain future

More than half of all business leaders (55 percent) believe that the overall economic conditions in the UK and Ireland have worsened compared to a year ago.  Yet, 58 percent of SMEs anticipate an increase in their firm’s sales revenues over the next 12 months; while nearly half (47 percent) expect profitability to improve within a year and 47 percent of SMEs are confident that their firm’s total number of employees will grow in the next 12 months. Business leaders are planning to invest more in AI and acquisitions to help them navigate an uncertain future. More →

An uncertain world, but CEOs remain broadly bullish about the future

An uncertain world, but CEOs remain broadly bullish about the future

Geopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businessesGeopolitics and broader political uncertainty are now the greatest risk to business growth, according to a survey of more than 1,300 CEOs of the world’s largest businesses. The KPMG 2023 CEO Outlook claims that geopolitics and political uncertainty have become the leading perceived risk this year for senior executives – concerns that didn’t even make the top five in the 2022 survey. More →

Younger workers ready to embrace their new robot overlords

Younger workers ready to embrace their new robot overlords

Despite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will 'supercharge' the industry in which they workDespite warnings that AI could lead to widespread redundancies, younger workers across Europe believe that the recent advances in the technology will ‘supercharge’ the industry in which they work. According to the second Young Generation in Tech survey, commissioned by HiBob and Venture Capital fund Eight Roads, almost four in five of the 2,000 20-30-year-olds surveyed in tech across Europe believe AI will have a positive impact on their work. More →

What doesn’t kill leaders makes them stronger, say academics

What doesn’t kill leaders makes them stronger, say academics

People that experience frequent disruptive events are much more likely to become aware of their own identity as leaders, according to new researchPeople that experience frequent disruptive events are much more likely to become aware of their own identity as leaders, according to new research by Durham University published in the Journal of Business and Psychology. Whilst many believe that impactful, disruptive, and novel events could be detrimental to building a leader’s confidence, the study proves the term “what doesn’t kill you makes you stronger”, as experiencing strong events made people more aware of their leader capabilities. More →

Knowledge workers have a particularly unhealthy relationship with work

Knowledge workers have a particularly unhealthy relationship with work

Three quarters of UK knowledge workers say they have an unhealthy relationship with work and two thirds of those say that work has had a negative effect on their health and wellbeingThree quarters of UK knowledge workers say they have an unhealthy relationship with work and two thirds of those say that work has had a negative effect on their health and wellbeing. That is one of the headline findings from a new report into the working lives of 15,600 people worldwide from HP. The report also suggests that three quarters of respondents would take a pay cut to be happier at work or to work wherever they want. More →

Sally Gunnell OBE champions cancer charity Cancer Support UK

Sally Gunnell OBE champions cancer charity Cancer Support UK

Olympic Champion and Health and Wellbeing advocate, Sally Gunnell OBE has announced that she will be supporting national cancer charity Cancer Support UKOlympic Champion and Health and Wellbeing advocate, Sally Gunnell OBE has announced that she will be supporting national cancer charity Cancer Support UK. Gunnell’s work with Cancer Support UK will focus on helping the charity achieve its mission to help those impacted by cancer in the workplace. More →

Half of firms won’t meet 2030 decarbonisation target, report claims

Half of firms won’t meet 2030 decarbonisation target, report claims

Fewer than 50% of organizations expect to meet decarbonisation targets by 2030, study reveals A new report from Siemens Infrastructure claims that there is limited agreement amongst businesses on how best to progress towards a decarbonised and resource-efficient world and under half expect to meet their net zero targets based on current thinking. According to the Transition Monitor 2023: The Great Divide on The Path to Net Zero report, whilst more than half of those surveyed believe the infrastructure transition is accelerating in their region, a quarter of senior executives said that progress on decarbonisation is “too slow”, while 29 percent believe progress is “coordinated”, and 31 percent describe it as “on target”. More →

Lack of employee engagement continues to dog organisations around the world

Lack of employee engagement continues to dog organisations around the world

A declining share of employees said they were motivated to go above and beyond at work, or were inspired to do their best work, according to the latest employee engagement benchmark data from QualtricsA declining share of employees said they were motivated to go above and beyond at work, or were inspired to do their best work, according to the latest employee engagement benchmark data from Qualtrics. The new proprietary data – aggregated from thousands of employee engagement surveys administered in 2022 – shows symptoms of burnout and a significant drop in confidence in leaders from 2020, when the pandemic ‘upended workplaces’ around the world. The report argues that employees are willing to tell their employers that they were struggling, and if something doesn’t change, they may look for a new job. Labour productivity also reflected this drop in motivation, the report claims. More →

Zoom opens new London ‘Engagement Hub’

Zoom opens new London ‘Engagement Hub’

Zoom has opened a new London ‘Engagement Hub’ which the firm claims will  spearhead the shift from traditional office spaces to ‘experiential working hubs’. With the demand for hybrid working  and remote capabilities giving rise to unconventional ways of operating, Zoom says it has designed its new office to support the changing nature of the employee experience, marking a new era of modern work. More →

Wellbeing of HR professionals yet to return to pre-pandemic levels

Wellbeing of HR professionals yet to return to pre-pandemic levels

The wellbeing of HR professionals has yet to return to pre-pandemic levelsThe wellbeing of HR professionals has yet to return to pre-pandemic levels, with UK HRs in particular lagging at times behind their global counterparts when coping with today’s challenging economic and operating conditions.  This is according to a three-year comparative research project by Culture Amp and Thrive at Monash Business School, which found that in 2020, when the pandemic was first starting to bite, 45 percent of global HRs felt equipped to manage their own  personal and work life demands. More →

Should work help to define your identity? Perhaps, but first consider this…

Should work help to define your identity? Perhaps, but first consider this…

Dr Tracy Brower considers how work ideally forms just a part of our identity The last few years have put work at the forefront of our consideration as individuals and our discussions as a society. Globally, people are thinking consciously about their work, its meaning and its place in their lives. This focus will surely create the conditions for a great reinvention —a reset of how we work as well as where, when and for whom. Identity is an important part of the dialogue: Should work be central to someone’s identity? Is it healthy for work to occupy our focus? And how much is too much? More →