Search Results for: Gen Z

Rise in number of employers that prioritise reduction of gender pay gap

Rise in number of employers that prioritise reduction of gender pay gap

Rise in number of employers prioritising closing the Gender Pay Gap

New research commissioned by the Government Equalities Office (GEO) has found that more companies are prioritising reducing their gender pay gap since the legislation was introduced in 2017. The research found that 69 percent of employers now view closing the gender pay gap as a high or medium priority, an increase of 8 percent on last year. With 10,000 companies reporting their pay gaps last year, the new research also showed that 67 percent of companies are having discussions at board-level to find ways of closing the gap. The GEO published the results as it announced two new pieces of guidance, providing step by step advice for employers which helps them to identify potential causes of the gender pay gap in their organisation and develop an effective action plan to tackle it.

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Staff wellbeing moves up the HR agenda and yes, includes the provision of free fruit

Staff wellbeing moves up the HR agenda and yes, includes the provision of free fruit

Employers have placed wellbeing high on their agenda in a bid to encourage employee engagement and reduce absence, claims new research from XpertHR. More than half of employers (54.4 percent) run informal employee wellbeing initiatives, while one-in-five (22 percent) has a formal programme in place. The majority of these formal employee wellbeing programmes (69.6 percent) have been in place for a year or more – demonstrating a high level of employer commitment but also that programmes have gained traction within organisations. More →

Talkin’ about my generation: Harnessing the power of the multigenerational workplace

Talkin’ about my generation: Harnessing the power of the multigenerational workplace

A child born in the west today has a 50 percent chance of living to be at least 105. This is of course a good thing – most people welcome the idea of a longer, healthier life – but it does mean that many of us will need to work longer as pension funds shrink and retirement ages increase. This has led to a new reality for business, the rise of the multigenerational workforce. Organisations that recognise that they can draw on talent from all ages and life stages will have a competitive advantage over those with a more traditional outlook. However, this new model can also present challenges – something that all businesses should consider. More →

MPs back plan to increase gender diversity in business

MPs back plan to increase gender diversity in business

MPs back new measure to increase gender diversity in business

A majority of MPs have backed a recommendation to increase gender diversity in business by extending the “Women in Finance Charter” to cover all businesses in the UK. The recommendation comes from the professional accountancy body AAT (Association of Accounting Technicians). The Charter asks financial services firms to commit to implement four key industry actions; to have a named senior executive responsible and accountable for gender diversity and inclusion; set internal targets for gender diversity in senior management positions; publish progress annually and ensure the pay of the senior executive team is linked to delivery against these internal targets on gender diversity. More →

Generations differ on what makes them happy at work but agree on flexibility

Generations differ on what makes them happy at work but agree on flexibility

Generations differ on what makes them happy at work but all want more flexibilityA new survey into happiness at work suggests it is viewed differently according to age. Baby boomers: aspire to have job security and think careers are defined by employers. Gen X: aspire to have a work-life balance and although are loyal to a profession will not necessarily stick with the same employer. Millennials or Gen Y aspire to have freedom and flexibility and are digital entrepreneurs while Gen Z aspire to have security and stability. The report by Instant Offices’ considered what is important to each age group, and how employers approach the age gap. It found that eight in 10 millennials look for a manager to act as a mentor or coach; Baby boomers want a boss to be ethical, fair and consistent, while 61 percent of Generation X, and 55 percent of millennials, think team consensus is important. More →

New workplace trends will bring people back to the office, Gensler report suggests

New workplace trends will bring people back to the office, Gensler report suggests

The next generation of office buildings will draw employees back to the workplace, a new report from architect and design firm Gensler suggests. It suggest that an increased number of employees are set to be drawn back to the office, as the importance and power of face-to-face interaction grows, and office design increasingly caters towards this. This year’s 2018 Design Forecast report, Shaping the Future of Cities (registration required), created by the Gensler Research Institute explores over 200 of the latest trends that are changing cities across the world. The overarching prediction is that design will “put people back at the centre” and become the driving force behind resilient, liveable cities. Buildings that react and respond to the people within it will be critical to the workplace experience, harnessing data to interpret internal workplace data and make intelligent adaptations.

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Generation Z are more motivated by job satisfaction than money

Generation Z are more motivated by job satisfaction than money

Generation Z more motivated by job satisfaction than moneyGeneration Z, the latest generation to enter the workforce, are more likely to be motivated by job satisfaction and working for social good than by money, a new report claims According to new research from Huawei, in partnership with Chris Brauer, Director of Innovation at Goldsmiths, University of London, based on responses from 2,000 18-25-year olds’ across the UK, also reveals that a new tribe of working professionals among Gen Z is emerging, the ‘New Working Order’. More →

More needs to be done to bridge the digital gender divide, says OECD

More needs to be done to bridge the digital gender divide, says OECD

Barriers to access, education and skills, as well as ingrained socio-cultural biases, are driving a digital gender divide that is holding back women’s participation in the digital economy, according to a new OECD report. Bridging the Digital Gender Divide: Include, Upskill, Innovate says women are not currently empowered to take advantage of the opportunities offered by the digital transformation. While G20 economies have taken important actions to narrow gender gaps in general, more needs to be done to increase the participation of women and girls in the digital economy so that they too can contribute to and benefit from the digital transformation that is under way.

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Advent of artificial intelligence demands HR managers look at the world in new ways

The HR profession must undergo a mindset shift in order to reap the benefits from artificial intelligence (AI), according to a new white paper. In preparing organisations for the potential gains from AI whilst minimising its risks, HR needs to become more proactive in engaging with change to secure a strategic role, according to the authors. Published by the Institute or Employment Studies (IES), the paper details risks involved in the use of AI, such as the perpetuation of unconscious bias in recruitment selection decisions, as shown in recent issues faced by Amazon.

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Employers need to prepare workers for the new era of artificial intelligence

Employers need to prepare workers for the new era of artificial intelligence

Employers need to prepare workers for the new era of artificial intelligencePeople and machines are entering a new era of learning in which artificial intelligence (AI) augments ordinary intelligence and helps people realise their full potential. But CIOs need to prepare workers for a future in which people do more creative and impactful work because they no longer have to perform many routine and repetitive tasks, according to analysts speaking at the Gartner Symposium/ITxpo.  Although AI will give employees the time to do more, organisations will need to train and retrain their employees in anticipation of AI investments, with CIOs also likely to be the leader or instigator of AI initiatives in their organisation.

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Employers struggle to understand what motivates people in new generation of megacities

Employers struggle to understand what motivates people in new generation of megacities

Mercer has published the results of an extensive study that examines the needs of workers in the world’s fastest-growing cities across four key factors – human, health, money and work. The study provides insight into the motivations of workers against the backdrop of fierce competition for their talent. The study, People first: driving growth in emerging megacities (registration required), is based on a survey of 7,200 workers and 577 employers in 15 current and future megacities across seven countries, namely Brazil, China, India, Kenya, Mexico, Morocco and Nigeria. As defined by the United Nations, these 15 cities will have a combined population of 150 million people by 2030 and share strong, projected GDP.

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CIB sets out a roadmap for the creation of intelligent and responsive buildings

CIB sets out a roadmap for the creation of intelligent and responsive buildings

The International Council for Research and Innovation in Building and Construction (CIB) has published a free roadmap written by members of the W098 Commission and CIBSE Intelligent Buildings Group, which presents collective ideas for the creation of intelligent and responsive buildings for current needs and the future. Intelligent buildings present a number of challenges, according to the authors. They must be responsive to people’s needs including their health and wellbeing; be sustainable in the use of resources as well as incorporating the most useful parts of the evolving technologies.

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