April 2, 2024

Policy response will determine if opportunities of AI in the workplace outweigh the risks

by Marvin Gort • AI, News, Technology, Workplace

A new OECD report Using AI in the Workplace sets out to sheds light on the multifaceted impact of AI adoption, emphasising both its benefits and potential risks. According to the report, AI can bring significant benefits to the workplace. In the OECD AI surveys of employers and workers, four in five workers say that AI improved their performance at work and three in five say that it increased their enjoyment of work. But the benefits of AI depend on addressing the associated risks. Taking the effect of AI into account, occupations at highest risk of automation account for about 27 percent of employment in OECD countries. (more…)

March 25, 2024

AI will leave a lot of people with nowhere to go in the job market

by Jayne Smith • AI, News, Technology, Workplace

Non-graduates, ‘silver surfers’ and those in lower socio-economic brackets will be left behind as the rise of AI creates a ‘skills glass ceiling’. That’s according to the latest Robert Half Jobs Confidence Index (JCI) – an economic confidence tracker produced in partnership with the Centre for Economics and Business Research (Cebr). The latest iteration of the Robert Half JCI revealed that almost half (45 percent) of the UK workforce is concerned that AI will disrupt their career in the next six to ten years. (more…)

March 14, 2024

Potential of AI is putting a smile on the faces of optimistic CEOs

by Jayne Smith • AI, Business, News, Technology

The CEOs of the world’s largest companies are increasingly optimistic about future growth, with 66 percent highly positive about the global outlook over the next three to five years. This is the headline finding of the second annual Arthur D. Little (ADL) CEO Insights Study, which was launched today. The study found that whatever their strategy or sector, global CEOs are increasing their growth investments. Artificial intelligence (AI) is seen as crucial to growth, with 96 percent of CEOs having already deployed AI in some form, although, demonstrating the early stages of its adoption, just 13 percent have a compelling, enterprise-wide AI strategy in place. (more…)

January 15, 2024

AI roles now make up over a quarter of all tech jobs advertised in the UK

by Neil Franklin • AI, News, Technology

AI-focused roles now make up 27 percent of all tech jobs being advertised in the UK, according to a new report from Thomson Reuters. An analysis of 6,073 live tech roles advertised online in January 2024 found that 1,652 roles fundamentally required AI skills. Demand for talent with relevant skills has boomed in the last year with the rise of generative AI tools offering significant boosts to productivity and efficiency in the workplace. (more…)

August 14, 2023

People and firms often have very different views on the value of meaningful work

by Neil Franklin • Flexible working, News, Technology, Wellbeing

A new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teams. The study, Augmented work for an automated, AI-driven world surveyed 3,000 global C-Suite executives across 20 industries and 28 countries. It also suggests that executives in the UK estimate that 41 percent of their workforce will need to reskill as a result of implementing AI and automation over the next three years. (more…)

June 9, 2023

Artificial intelligence will boost short term headcount, claim half of employers

by Neil Franklin • News, Technology, Workplace

More than half (54 percent) of Britain’s employers expect Artificial Intelligence (AI) technologies will have a positive impact on their staff headcount over the next two years, according to a survey by Experis, a part of ManpowerGroup. The survey of 2,000+ British employers also suggests that more than two thirds (69 percent) of businesses expect AI tools and technologies – including ChatGPT, Machine Learning and Virtual Reality – to have a positive impact on upskilling and reskilling, as well as on employee training (68 percent). 67 percent of British organisations anticipate a positive impact on employee engagement because of AI technology, and 60 percent think it can positively impact the onboarding process too. (more…)

May 3, 2023

Around a quarter of jobs will shift over the next five years, WEF report claims

by Neil Franklin • News, Workplace

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. Its Future of Jobs Report for 2023 suggests that employers anticipate 69 million new jobs to be created and 83 million eliminated among the 673 million jobs corresponding to the dataset, a net decrease of 14 million jobs, or 2 percent of current employment. The data is an extrapolation of data from 803 employers employing around 11 million people. (more…)

November 3, 2022

Are digital skills the key to a happier, more productive workforce?

by Katy Liddell • Comment, Technology, Workplace

The rising cost-of-living is impacting life and work in all four corners of the UK. Research from BCC has found that businesses feel compelled to increase their own prices. With costs rising, businesses are facing growing pressures. Not least the need to attract and retain the talent they can depend on to deliver. Research has shown that taking time to upskill current employees, especially in terms of their digital skills, benefits both productivity and engagement at all levels of an organisation. Our own Tech and Battle for Talent report recognises that 42 percent of employees in organisations across the UK would be more likely to stay in their current role if employers provided regular and intensive training, while 47 percent would be happier. (more…)

March 21, 2022

ESG objectives now a priority for quarter of organisations

by Neil Franklin • News, Technology

New research from Cloudera claims that more than one quarter (26 percent) of business decision makers are now putting increasing investment into environmental, social and corporate governance (ESG) initiatives, ahead of developing new products/services (24 percent) or accelerating financial growth (21 percent). Additionally, knowledge workers believe as much as 49 percent of the data their business uses on a day-to-day basis should be focused on doing good for the communities it serves. This is a sentiment 52 percent of business decision makers agree with — a clear indication that profit and ESG are no longer mutually exclusive pursuits. (more…)

December 14, 2021

Drawing on internal skills can help firms cope with Great Resignation

by Mike Baker • Comment, Workplace

The UK’s workforce is undergoing rapid transformation as employees’ expectations and motivations radically change. The impact of Brexit, COVID-19 and long periods of furlough have created a tidal wave of resignations across every industry. Workers are re-thinking career paths, work conditions and long-term goals after a turbulent 18 months; with one study finding that 38 percent of people are looking to change roles in the new year. (more…)

November 26, 2021

Employers expect significant organisational transformation due to technology advances

by Jayne Smith • Business, News, Technology

Due to the significant workplace technology changes brought on by the pandemic, more than half (53 percent) of employers plan extensive organisational transformation in the next two years. (more…)

November 18, 2021

Creating a supportive environment for vital deskless workers

by Jayne Smith • Flexible working, News, Working lives

The Josh Bersin Company a research and advisory company focused on HR and workforce trends and issues, has released its latest report based on insights from its ongoing Big Reset executive working groups. The report, The Big Reset Playbook: Deskless Workers, focuses on the recommended practices needed to create optimal work experiences for “deskless” employees in retail, healthcare, manufacturing, hospitality, transportation, and other sectors. (more…)