Search Results for: Gen Z

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…)

Progress stagnates on gender diversity in senior roles at FTSE 350 companies

Progress stagnates on gender diversity in senior roles at FTSE 350 companies

by • News, Workplace

Achieving the government’s target of women making up a third of FTSE 350 board members by 2020 is beginning to look increasingly unlikely,according to executive training organisation The Pipeline’s annual Women Count report. It claims that there has been no progress over the last year in the number of women on executive committees and that 16 companies no longer have any women in ‘profit and loss roles’ which brings the total to 147, while eight companies no longer have any women on the committees at all. Yet the positive value for having greater gender diversity with women in executive positions is unquestionable, according to the authors.

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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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Employers welcome multi-generational workforce but worry about increased risk of conflict

Employers welcome multi-generational workforce but worry about increased risk of conflict

by • Legal news, News, Workplace

Employers welcome multi-generational workforce but worry about increased risk of conflictImproved living standards, deflating pension pots and legal protection against age discrimination have all helped to nudge up the retirement age. The result is that for the first time since the Industrial Revolution five generations of employees are now working side by side. According to a new survey, two thirds of organisations (66 per cent) say that an age diverse workforce helped the company to have a more comprehensive skillset and knowledge base and more than seven in ten (71 per cent) felt that a multi-generational workforce brought contrasting views to their organisation. However, in the YouGov survey of middle market businesses commissioned by RSM, four in ten companies (41 per cent) said that a multi-generational workforce also increased the risk of conflict in the workplace. (more…)

Over a third of staff say employers fail to invest in next-generation workplace technology

Over a third of staff say employers fail to invest in next-generation workplace technology

by • Facilities management, Flexible working, News, Technology, Workplace

Over a third of staff say employers fail to invest in next-generation workplace technologyThe majority of employees are disappointed with their company’s lack of investment in technology, and despite the fact three quarters (76 percent) want to request flexible working – almost half still don’t have the option of working more flexibly, a new report from a technology company claims. According to the survey by technology company Ingram Micro Cloud UK, in collaboration with technology company Microsoft, despite the fact that Millennials and Centennials are often thought to be the driving force behind changing workplace practices – and are often derided in popular discourse for having unreasonable and unrealistic expectations – the calls for change are coming from all segments of the workforce. However, 85 percent of Millennials admit to procuring their own workplace technologies such as instant messaging, Skype, file hosting and sharing tools (all available from Ingram Micro Cloud) that aren’t supported or provided by their employer, which raises major security issues, acco.

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Lack of emotional intelligence greater impediment to staff engagement than AI

Lack of emotional intelligence greater impediment to staff engagement than AI

by • AI, News, Technology, Workplace

Lack of emotional intelligence greater impediment to staff engagement than AI

A new Gallup report reveals the growth of AI is not seen as a disadvantage for employees. The real problem is lack of emotional intelligence in management, with managers failing to move beyond the role of “task manager” and adopt the coaching perspective they need in order to future proof the workforce. The Real Future of Work study interviewed 4,000 working adults in the UK, France, Germany and Spain to understand how employees are being managed and the subsequent impact this might have on the future. Worryingly, one in four UK employees say they only receive performance feedback from their manager once a year or less, a further 20 percent claim it’s only a “few times a year”. Almost one in five (19 percent) UK workers predict technology will increase the risk of losing their job – the highest in the European countries surveyed and more than double those concerned in Spain. When asked how technological changes will influence work in the next three years, seven out of ten workers in the UK felt it will increase their productivity followed by France (66 percent), Spain (51 percent) and Germany (37 percent).

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Two-thirds of employers believe agency and gig workers should be able to request a stable employment contract

Two-thirds of employers believe agency and gig workers should be able to request a stable employment contract

by • Flexible working, News, Workplace

Two-thirds of employers (67 percent) back the introduction of a new right for agency workers and zero-hours contract workers to request a stable contract, according to the Chartered Institute of Personnel and Development. The findings, which form part of the CIPD’s response to the Government’s consultation on the Taylor Review of Modern Working Practices, are based on a survey of 1,000 employers. The survey found that 67 percent of respondents said they support the right to request a stable contract, which would potentially allow agency workers to request a permanent contract of employment and zero-hours contract workers to request regular or guaranteed hours.The CIPD believes the right to request should be available to people who have 12 months of continuous service with one organisation, a suggestion supported by 41 percent of employers. 32 percent of respondents supported a period of at least six months and 20 percent were in favour of at least three months. (more…)

More than three quarters of British workers have worked whilst genuinely ill in the last year

More than three quarters of British workers have worked whilst genuinely ill in the last year

by • News, Wellbeing

Employee services business Personal Group and online doctor service videoDoc have published the findings of a survey of 2,496 UK employees on their attitudes and behaviours around work presenteeism and illness in the workplace. The results indicated some worrying trends with regards to the prioritisation of work over health, with the average British worker having worked more than four days whilst genuinely ill in the last year, and over half of UK employees (52 percent) admitting to delaying seeking medical advice because they didn’t want to take time off work. Of those who did take time off work to see a doctor in the last 12 months, 15.7 percent took unpaid leave to do so, 17.5 percent used their annual leave entitlement and 22.4 percent left work early or arrived late – each of which arguably negatively affect both employee wellbeing and organisational productivity.

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Artificial intelligence, robots and automation set to transform the office environment

Artificial intelligence, robots and automation set to transform the office environment

by • Features, Technology

In today’s highly digital landscape, tools like AI and machine learning were developed to significantly improve productivity in the workplace. But despite their existence, many companies still trail behind in terms of integrating AI in their office environments. In fact, an article on Workplace Insight previously noted that over a quarter of employers fail to provide staff with digital and flexible tools. Though it is predicted that the next couple of years will see businesses adapt to a human-and-machine environment, organisations still have a lot of catching up to do in terms of digital basics.

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Investment Association asks major employers to address lack of progress on gender diversity

Investment Association asks major employers to address lack of progress on gender diversity

by • News, Workplace

The investor lobbying group the Investment Association (IA) and the Hampton-Alexander Review have written to 35 FTSE 350 companies with low female representation at leadership level, calling for change. 14 companies in the FTSE 100 have been singled out in the letter. Companies in the FTSE 100 who have all-male Executive Committees, such as BP and Smurfit Kappa Group, and companies whose combined Executive Committees and Direct Reports have low proportions of women, such as Persimmon and TUI, have been asked to explain their poor gender balance and what steps they are taking to move towards the targets as set out in the Hampton-Alexander Review. The Investment Association and the Hampton-Alexander Review have also written to 11 companies in the FTSE 250 who have all-male Boards, including Sports Direct and Stobart Group, and 10 companies who chose not to report their gender diversity data to the Hampton-Alexander Review last year, including The AA, J D Wetherspoon and Wizz Air.

 

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Artificial intelligence should have a clear ethical dimension, claims new government report

Artificial intelligence should have a clear ethical dimension, claims new government report

by • AI, News, Technology

While the UK is in a strong position to be a world leader in the development of artificial intelligence which would deliver a major boost to the economy, ethics should be at the heart of its development, according to a new report from the House of Lords. AI should never be given the “autonomous power to hurt, destroy or deceive” people, it adds. The Lords’ report called on the government to support businesses in the field. It also recommended that people be educated to work alongside AI in the jobs of the future. It said that such education would “mitigate the negative effects” on jobs which are possible as AI develops.

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