Search Results for: Gen Z

Cost of living crisis and other employee concerns are top risk concerns of businesses

Cost of living crisis and other employee concerns are top risk concerns of businesses

The managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issuesThe managers and owners of firms across the UK now believe that the cost of living crisis is the top risk to their business, closely followed by a range of employee related issues, according to a new poll. Employee related risks in the top five include lack of skilled talent, employee retention and cost of salaries. Despite the cost of materials continuing to rise over the last 12 months, this risk has dropped back from first place in 2022. Risks relating to debts, late payments and fraud all make an appearance in the top ten for the first time. More →

Two thirds of bosses think people should ask permission before using AI at work

Two thirds of bosses think people should ask permission before using AI at work

68 percent of business leaders think it’s unethical for employees to use AI at work without the permission of a managerA new survey commissioned by Tech.co claims that 68 percent of business leaders think it’s unethical for employees to use AI at work without the permission of a manager. The firms believes that the  rise of generative AI tools has emphasised the need for complex ethical AI frameworks to govern its application in the workplace. Without these ethical frameworks, the technology risks threatening human roles and intellectual property in morally dubious and potentially harmful ways. More →

Global prime office rents rise for second continuous quarter – Savills

Global prime office rents rise for second continuous quarter – Savills

An international real estate advisor says the fact that prime office rents are continuing to edge up demonstrates that demand is thereSavills latest global Prime Office Costs (SPOC) analysis claims that net effective costs for occupiers taking top quality office space in key cities around the world rose 0.3 percent in Q2, following a rise of 1.1 percent in Q1. The international real estate advisor says the fact that prime office rents are continuing to edge up demonstrates that tenant demand is still present and landlords are cautiously optimistic in some markets. More →

‘People insight deficit’ puts firms’ reputations at risk

‘People insight deficit’ puts firms’ reputations at risk

New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work. People insightThe CIPD is urging business leaders to have board-level HR representation or input to ensure there is the necessary expertise and ‘people insight’ to develop positive corporate cultures and manage workforce risks such as sexual harassment. This is the unsurprising message in a new report from the CIPD ‘The value of people expertise on corporate boards’. It claims just a quarter (25 percent) of FTSE 350 firms have a board member (both executive and non-executive) with an HR background, while only 2 percent have an HR director as an executive board member. More →

UK government plans to parachute AI experts into departments to ‘turbocharge’ productivity

UK government plans to parachute AI experts into departments to ‘turbocharge’ productivity

So-called 'digital gurus' from the private sector will be 'parachuted' into government departments as part of radical plans to 'turbocharge' the technological and AI skills of civil servantsSo-called ‘digital gurus’ from the private sector will be ‘parachuted’ into government departments as part of radical plans to ‘turbocharge’ the technological skills of civil servants, Cabinet Office Minister Jeremy Quin has announced. Delivering a speech at the think tank Policy Exchange, Minister Quin set out a number of measures which he claims will drive forward the government’s plans to harness innovation and technology including AI to make Whitehall run more efficiently.

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To boost productivity in the UK, we need to think big and different

To boost productivity in the UK, we need to think big and different

olicymakers, businesses, and society must recognise the importance of productivity and collaborate to implement the necessary reforms and initiatives to unlock the country's full economic potentialThe decline in UK productivity since the Great Recession of 2008/2009 has been a matter of concern for business leaders, policymakers, and economists alike. Despite hopes that the pandemic would act as a catalyst for transformation and boost productivity, recent figures from the Office for National Statistics (ONS) show that the UK still lags behind several other G7 economies. More →

Berlin ranked top smart city in Europe, report claims

Berlin ranked top smart city in Europe, report claims

A new report claims that Berlin is the foremost smart city Europe based on its transport, energy strategies and a number of other factorsA new report claims that Berlin is the smartest city Europe based on its transport, energy strategies and a number of other factors. The Smart cities market: growth, trends & market forecasts 2023-2028 report [paywall] from Juniper Research, selected the German capital ahead of London, Barcelona, Rome and Madrid. The rankings are made on an evaluation of a range of smart city features, including transport and infrastructure, energy and lighting, city management and technology, and urban connectivity. More →

Most people now at risk of poor mental health as a result of social exclusion

Most people now at risk of poor mental health as a result of social exclusion

More than half of people in the UK have experienced social exclusion in the past year, leading to poor mental health and wellbeingMore than half of people in the UK have experienced social exclusion in the past year, leading to poor mental health and wellbeing, according to a new report from BUPA in partnership with ParalympicsGB. The poll suggests that 58 per cent of British people have felt excluded at some point in the past year – leading them to feel shut out when going about their daily life (28 percent), at work (27 percent) or within society (24 percent). Bupa’s survey also claims that 30 per cent of people have felt a negative impact on their general mental health due to their experience of social exclusion, with many left feeling isolated (41 percent), sad (41 percent) and anxious (33 percent). More →

Improved support for menopause could help women stay in work

Improved support for menopause could help women stay in work

more than half (54 percent) feel it would be difficult for them to raise issues, including menopause, with their employersWomen in the UK are urging politicians and business leaders to take steps that help them remain productive in the workforce for longer, as research shows more than half (54 percent) feel it would be difficult for them to raise issues, including menopause, with their employers and three fifths would also feel uncomfortable bringing up health and wellbeing issues with a male manager. More →

Most UK workers now expect to retire at 62 years old

Most UK workers now expect to retire at 62 years old

A new poll of people aged between 35 and 55 suggests that most workers expect to retire at around 62 years old, four years earlier than the UK state pension age of 66.  The report called Providing for tomorrow today: understanding an ageing workforce was commissioned by law firm Osborne Clarke.  It surveyed employees aged 35-55 working in seven industry sectors across the UK. The report claims to identify workers’ current and future employment and retirement expectations and the impact these may have, not only on the shape of the future UK workforce, but also on employers in the industry sectors surveyed. More →

All we are saying is give lease a chance

All we are saying is give lease a chance

The lease of office fit-out elements looks like a no-brainer for a number of reasons. But is the sector ready to embrace them?By their very nature, trends come and go. What we are now seeing with sustainable, responsible product and material sourcing goes way beyond trend or fad, of course, and in recent discussions we’ve had (and we’ve had quite a few) on the subject, the question of furniture as a service or a furniture lease model has arisen on a number of occasions. So often, in fact, that we decided we should look deeper into the subject, to ascertain its pros (and cons) and to decipher whether this is merely a hypothetical – certainly at any large scale – that the industry would like to adopt or is a very real here and now. More →

Members of European Parliament back charter to ‘revolutionise workplace wellbeing’

Members of European Parliament back charter to ‘revolutionise workplace wellbeing’

The Future Workforce Alliance (FWA), a consortium of policymakers, researchers and firms such as Zoom and Remote, has launched the European Charter for Digital Workplace WellbeingMembers of the European Parliament have backed a new charter from a consortium of organisations that sets out to ‘revolutionise workforce policy’. The Future Workforce Alliance (FWA), a consortium of policymakers, researchers and firms such as Zoom and Remote, has launched the European Charter for Digital Workplace Wellbeing and claims that the step by MEPs signals the beginning of the life/work revolution and solidification of workers’ rights in the face of  what it refers to as ‘return to office lobbying’. More →