Search Results for: inequality

Tech laggards face extinction unless they innovate

Tech laggards face extinction unless they innovate

Many larger businesses are struggling to implement digital transformation in spite of the dangers to their long term survival, a new joint report from CBI and Oracle claims. According to Bigger, Faster, Stronger, the improved adoption of technology could unlock productivity and wage growth. Research shows that more adoption, coupled with better management practices, could add £100 billion to the UK economy and cut income inequality by 5 per cent. However, only 54 per cent of UK companies believe disruptive technologies play an important role in their organisation, much lower than in countries such as France, Germany, India and Russia. More →

Young people increasingly sceptical about work and institutions

Young people increasingly sceptical about work and institutions

Younger people across the world are increasingly disillusioned with traditional institutions, sceptical of business’ motives and pessimistic about economic and social progress, according to the 2019 Deloitte Millennial Survey. The survey claims that despite global economic growth, expansion and opportunity, younger generations are wary about the world and their place in it. But they remain hopeful and lean on their values as both consumers and employees. More →

Black and other minority workers more likely to be in insecure work, claims TUC

Black and other minority workers more likely to be in insecure work, claims TUC

Black and minority ethnic workers are far more likely to be trapped in temporary and insecure work, according to a new TUC analysis published to mark the start of its annual Black Workers Conference. The analysis claims  to show how BME workers are faring worse than white workers in the jobs market. More →

Digital transformation offers great opportunities for firms, but at a risk

Digital transformation offers great opportunities for firms, but at a risk

Digital technology can improve our lives but it also poses a major risk of widening social inequality and blocking opportunities for people without the skills to navigate the online world safely, according to a new OECD report. A mix of technical, emotional and social skills is a pre-condition for people to combine their digital and real lives in a balanced way, and to avoid the mental health problems and other risks linked to abuses of online technologies, the report says.

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Radical new environmental approach is needed to fix the global system, claims report

Radical new environmental approach is needed to fix the global system, claims report

Entire systems change and fewer ‘sticking-plaster’ solutions from world leaders are urgently needed to address global challenges, reveals a report from sustainability non-profit, Forum for the Future. The report calls for urgent collaboration between governments, businesses, NGOs and investors to avoid climate change disaster and secure the future of our society and economy. The Future of Sustainability 2019: Driving systems change in turbulent times reveals a ‘perfect storm’ of seven factors that are set to impact sustainability in the future – including climate migration, nationalism, plastics and biodiversity loss. More →

Gendered label of maternity leave may contribute to parental earnings gap

Gendered label of maternity leave may contribute to parental earnings gap

Gendered title of maternity leave contributes to male & female pay gapIt’s been argued that one of the main drivers behind the gender pay gap and inequality in the workplace is when it comes to having children. Now new research from Money Guru has revealed that 70 percent of UK employers believe that women should declare their pregnancy during the recruitment process with one in seven (14 percent) of employers admitting to being reluctant to hire someone who may go on to have children. Studies show that 39 percent of young mothers have been illegally asked in job interviews about how being a mother would affect their ability to work.

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Robot delivery dogs, digital pollution, why tech firms like ping pong and some other stuff

Robot delivery dogs, digital pollution, why tech firms like ping pong and some other stuff

Today is officially* Blue Monday and instead of offering up an endless series of clickbait pieces telling you how to cope and make the day better for your colleagues, we’re turning our attention to more interesting things. Such as this recent piece arguing that our obsession with ‘millennials’ can cloud our perspective on more important issues about people, their characteristics, advantages and inequalities. It argues that birth dates are rather less important to people’s life chances than their background, individual abilities and structural issues in the economy and society. Who – as they say – knew?

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The best office designs of 2018, the future of work in 2019, and some other clickbait

The best office designs of 2018, the future of work in 2019, and some other clickbait

This week’s beachcomb of the best workplace stories is brought to you in the wake of the first flood of retrospectives and predictions that wash up in the media at this time of year. The first piece of flotsam [sound of a metaphor snapping] is Dezeen’s listing of the world’s best office designs of 2018, which appears to be based on the answers to three questions. Is it a coworking space? Does it look like an office? Is there anybody actually working there? Answer yes, no, no to those three simple questions and you’re in the frame.

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Skills and new businesses drive decade of recovery for UK cities

Skills and new businesses drive decade of recovery for UK cities

Improving skills levels and new business formation have been the key long-term drivers of growth for UK cities since the financial crisis, according to the latest Demos-PwC Good Growth for Cities 2018 index that ranks cities on a combination of economic performance and quality of life. The latest Index analyses a decade of economic and social data to determine what long-term factors drive Good Growth. PwC analysis shows that the average city in our index has improved its good growth score significantly over 10 years from 2005-7 to 2015-17, and has now more than recovered from the recession and downturn triggered by the global financial crisis.

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World Bank report sets out the challenges of the changing nature of work

World Bank report sets out the challenges of the changing nature of work

Work is constantly reshaped by technological progress. New ways of production are adopted, markets expand, and societies evolve. But some changes provoke more attention than others, in part due to the vast uncertainty involved in making predictions about the future. The 2019 World Development Report studies how the nature of work is changing as a result of advances in technology today.

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The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The Fourth Industrial Revolution will be the most disruptive yet, senior economist predicts

The rise of artificial intelligence and automation will create a Fourth Industrial Revolution that will be be significantly more disruptive than the three previous industrial revolutions, according to the Bank of England’s chief economist. According to Andy Haldane, the transformation caused by automation of cognitive skills had the potential to have a greater impact than Britain’s first industrial revolution, when coal and steam changed the country, the second industrial revolution which brought chemical engineering and the combustion engine, or the widespread use of computers in the 20th and 21st centuries.

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Over a third of workers are anxious about the impact of automation

Over a third of workers are anxious about the impact of automation

Over a third of workers are anxious about the impact of automationA significant number (37 per cent) of workers (11 million people) in the UK worry their job will change for the worse and 23 per cent (7 million people) are concerned that their current job may no longer be needed, claims a survey into the impact of automation over the next decade. In the survey, carried out to mark the launch of a new Commission on Workers and Technology chaired by Yvette Cooper MP, workers were 73 per cent confident they can adapt to technological change and update their skill if automation affects their job and over half think (53 per cent) are optimistic that technology change will be good for their working lives. More →