Search Results for: development

HR offers the key to enhanced employee financial wellbeing, claims report

HR offers the key to enhanced employee financial wellbeing, claims report

by • News, Wellbeing, Workplace

With poor financial wellbeing impacting on productivity, a new paper claims that, despite growing interest, there remains a lag in employers taking action in this area – and that Human Resources departments are key to building a business case for support. Published by the Institute for Employment Studies (IES), the paper, Building the business case for employee financial wellbeing, draws on findings from a Money Advice Service-funded study trialling financial wellbeing guidance from IES and the Chartered Institute of Personnel and Development (CIPD).

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Government launches challenge to shape future transportation strategies

Government launches challenge to shape future transportation strategies

by • Cities, Flexible working, News, Technology

The UK government has begun work on its Future of Mobility Grand Challenge. First announced in May, the government believes the initiative has the potential to make the UK a world leader in strategies for moving people and goods. The announcement includes two calls for evidence, the first focused on improving first mile/last mile transportation connections, with a focus on electric vehicles and microtransit. The second addresses the more general issue of new technology and trends for urban transport. The government also claims the move will address changes in working cultures including lower levels of commuting and flexible working.

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Digital transformation is making it challenging to find qualified employees

Digital transformation is making it challenging to find qualified employees

by • AI, News, Technology, Workplace

Digital transformation making it challenging to find qualified employeesTraditional job roles are becoming more complex due to digital transformation initiatives a new poll claims, with UK businesses having to wait more than five months, on average, for new joiners to get up to speed in their jobs. In the research by Robert Half of almost 5,000 CFOs in 14 countries, CFOs in the UK report that the key skills for finance professionals are changing. With digital transformation a priority for many organisations, there is now more focus on skills such as data analysis (cited by 43 percent of CFOs), financial analysis (35 percent), and data forecasting (34 percent). Finding the right people with these abilities is made even more challenging by the fact that businesses around the world are struggling to find qualified professionals. Almost all (93 percent) UK businesses find it challenging to attract qualified accounting and finance professionals. Globally, the issue is equally pronounced, with 94 percent of businesses also reporting similar challenges.

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Extending reporting requirements may help close gender pay gap say MPs

Extending reporting requirements may help close gender pay gap say MPs

by • Legal news, News, Workplace

Extend reporting requirements to help close gender pay gap say MPs

Employers should be required to publish a narrative and action plan under Gender Pay Gap reporting requirements, the inquiry on executive pay and the gender-pay gap by the Business, Energy and Industrial Strategy (BEIS) Select Committee has recommended today. It has found that the requirements to publish data which came into force in April this year represents a ‘small but welcome step towards ensuring that women can make their fullest possible contribution in the workplace and to the economy’, but it calls for the Government to be more ambitious. Detailed statistics should be provided to aid analysis and organisations should explain what they are doing to tackle their gender pay gaps. Under the new rules employers would have to provide some narrative reporting alongside their gender pay statistics, with an action plan setting out how pay gaps are being and will be addressed, including objectives and targets. Subsequent reports would include progress against this action plan, including targets set. More →

Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

by • AI, Flexible working, News, Technology, Workplace

Half of CIOs say Artificial Intelligence will lead to more jobs and improve productivity

Fears that Artificial Intelligence will destroy the job market are not shared by more than half (51 percent) of UK CIOs who see AI as a job creator. This is more than three times the number who say that it will diminish workers’ job prospects (16 percent). For the survey UK CIOs were asked, ‘Artificial intelligence is changing the way that companies operate and people work. Do you think AI will have a positive or negative impact on job creation and recruitment?’ Their largely positive response closely reflects that of a recent PWC report which predicts AI could create as many jobs as it displaces in the UK over the next 20 years. More →

Barclays to create up to 2,500 jobs at new Glasgow tech hub

Barclays to create up to 2,500 jobs at new Glasgow tech hub

by • News, Property

Barclays has announced plans to develop a new campus at Buchanan Wharf, Glasgow, which will provide what it claims is a state-of-the-art workplace for the bank’s functions, technology and operations teams. The aim is to create a working environment that will ‘help the bank deliver outstanding services to customers and clients by fostering innovation and collaboration’.  Barclays has agreed to purchase the campus development from Drum Property Group Ltd and is currently working with them to finalise the design of the new facility as part of the wider Buchanan Wharf development. It is expected that, once completed, the campus will be able to accommodate up to 2,500 additional roles, doubling Barclays’ current workforce in Scotland and making the bank one of Glasgow’s biggest commercial employers.

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Cities should make the most of their digital connectivity

Cities should make the most of their digital connectivity

by • Cities, News, Technology

Cities need more powers and resources from Government to address digital divides – but also need to make better use of existing technology to transform public services. This is according to a report published by the think tank Centre for Cities in partnership with Telefónica UK. It examines how digital technology – in terms of both fixed and mobile connections – is transforming urban Britain, and the steps national and local leaders can take to ensure people and places across the country benefit. However, the report also warns that many UK cities are not taking full advantage of existing digital connections, and the benefits it could offer to residents and businesses – as well as the potential it has to improve public services.

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White Paper: the magic of disruption and what it means for the workplace

White Paper: the magic of disruption and what it means for the workplace

by • Briefing, Premium Content, Technology, Workplace design

In a 1973 essay called Hazards of Prophecy: The Failure of Imagination, the science fiction writer Arthur C Clarke sets out Three Laws regarding our relationship with technology. Only the third of these is well remembered these days:. Any sufficiently advanced technology is indistinguishable from magic. He was one of the first writers to coin the sort  of law that have now become commonplace on the subject of the way our world, including the workplace, can be disrupted by technological developments. They include a corollary to Clarke’s:  Any technology distinguishable from magic is insufficiently advanced (Gehm’s Law)

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New code of practice for employers to improve health and wellbeing for staff

New code of practice for employers to improve health and wellbeing for staff

by • News, Wellbeing

BSI, the business standards company, has launched a new code of practice for organisations to help tackle a crisis in the mental health and wellbeing of Britain’s workforce. 137 million working days were lost to sick leave in the UK in 2016, with organisations spending £9 billion each year on sick pay and associated costs. The cost of ‘presenteeism’ – where employees attend work whilst ill and do not work efficiently – has also risen sharply in recent years. The code of practice, PAS 3002, provides recommendations to establish, promote, maintain and review the health and wellbeing of workers within an organisation. It considers how health and wellbeing should be incorporated into the working environment and how leadership can ensure health and wellbeing related services are available to employees.

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When it comes to change management, culture sometimes eats strategy for breakfast

When it comes to change management, culture sometimes eats strategy for breakfast

by • Features, Flexible working, Workplace design

21st Century organisations are under constant pressure to evolve. They are beset by a number of forces that demand they change constantly. These include the need to restructure the organisation, adapt to new technologies, respond to competitors and changes in the economy and legislative environment. Inevitably, this constant need to change affects both people and the built environment in very profound ways. However, according to a study of Culture and Change Management published by the Katzenbach Center, only around half of all transformation initiatives meet their objects over time. Among the biggest obstacles to successful change management cited by the study is change fatigue, which is characterised by a lack of empathy and a widespread failure to engage with the change process.

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A quarter of London start-ups have considered relocating to deal with Brexit uncertainty

A quarter of London start-ups have considered relocating to deal with Brexit uncertainty

by • News

It has now been more than two years since the UK voted in favour of leaving the European Union, and new research Studio Graphene in partnership with City Road Communications claims to reveal new information about how Brexit has impacted on London’s early stage businesses. Based on a survey of more than 100 founders of London startups, the study shows that since the EU referendum the vast majority of entrepreneurs have remained loyal to the capital, showing no sign that they want to move to help improve the growth prospects of their business. It also uncovered the way young companies are responding to the challenges posed by Brexit.

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Artificial intelligence will create more jobs than it displaces, claims new study

Artificial intelligence will create more jobs than it displaces, claims new study

by • News, Technology

Artificial Intelligence (AI) and related technologies are projected to create as many jobs as they displace in the UK over the next 20 years, according to new analysis by PwC. In absolute terms, around 7 million existing jobs could be displaced, but around 7.2 million could be created, giving the UK a small net jobs boost of around 0.2 million. While the overall net effect of AI on UK jobs may be broadly neutral, this varies significantly across industry sectors. The most positive effect of AI is seen in the health and social work sector, where PwC estimates that employment could increase by nearly 1 million, equivalent to around 20 percent of existing jobs in the sector. On the other hand, PwC estimates the number of jobs in the manufacturing sector could be reduced by around 25 percent, representing a net loss of nearly 700,000 jobs.

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