Search Results for: Reskilling

The most critical HR topics of the post-pandemic era

The most critical HR topics of the post-pandemic era

HRHR leaders trying to navigate a rapidly changing workplace environment now have a clear set of objectives to focus on: digitisation, talent, and the future of work. That is the central finding of a new report by Boston Consulting Group (BCG) and the World Federation of People Management Associations (WFPMA). The report is titled Creating People Advantage 2021: The Future of People Management Priorities. More →

Societal change is driving businesses to focus on purpose

Societal change is driving businesses to focus on purpose

focusIncreasing pressure from investors, customers and employees are causing CEOs to focus their businesses on purpose, resilience and long-term sustainability, according to a new report from the Reward & Employee Benefits Association (REBA) and Mercer Marsh Benefits (MMB). The report, ‘People risk – why the need for change is urgent‘ claims a shift in business focus away from short term gains in favour of emphasising long term value creation as one way of managing people risk. More →

Companies use skills as the new currency for workforce transformation

Companies use skills as the new currency for workforce transformation

workforce transformationSkills have become the new currency of workforce and talent strategies, as more than half of organisations that responded to the 2021 Mercer Global Talent Trends survey are targeting upskilling and reskilling of critical talent pools to drive workforce transformation. More →

HR technology that doesn’t help employees may just disappear

HR technology that doesn’t help employees may just disappear

technologyHuman resources research and advisory firm Josh Bersin Research, claims that the biggest change in the HR technology market is the spread of HR applications into areas beyond payroll and employee administration to support a broad set of work activities. Other evolutions in the HR tech market include rising corporate determination to improve overall employee experience (EX) and the growth of HR tools designed for employees, not managers. More →

Surging UK tech investment fails to deliver due to ineffective training

Surging UK tech investment fails to deliver due to ineffective training

trainingNew research by CWJobs, claims three quarters of UK businesses (72 percent) increased their overall investment in tech tools, talent and training by an average of £1.48 million in 2020, as digital capabilities enabled them to maintain business continuity throughout the pandemic. More →

Employment intentions at their strongest in a year

Employment intentions at their strongest in a year

employmentUK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. More →

Digital skills gap poses major economic threat, Microsoft study claims

Digital skills gap poses major economic threat, Microsoft study claims

The UK’s digital skills gap could pose a risk to economic recovery, new research from Microsoft claims, with over three-quarters of UK leaders citing a large digital talent pool as essential to driving UK competitiveness. The study, Unlocking the UK’s potential with digital skills, was conducted in partnership with Dr Chris Brauer at Goldsmiths, University of London to assess the UK’s skills gap and provide practical guidance for organisations on how to tackle it. It predicts the rise of a “Next Gen Worker” that is empowered by low-code and no-code technology, but also finds that a failure to embrace technological skills could leave companies struggling to compete on the global stage. More →

Top priority for HR leaders in 2021: building critical skills

Top priority for HR leaders in 2021: building critical skills

priorityGartner, Inc.’s 2021 HR Priorities Survey of more than 750 HR leaders claims that 68 percent of respondents cited building critical skills and competencies as their number one priority in 2021. The survey, conducted from June through August 2020, claims the other top HR priorities for 2021 are: organisational design and change management (46 percent), current and future leadership bench (44 percent), the future of work (32 percent) and employee experience (28 percent). More →

More stability in sight for employment but three in ten employers still planning redundancies

More stability in sight for employment but three in ten employers still planning redundancies

RedundanciesThe pace of deterioration in UK job prospects is starting to slow this autumn due to very modest improvements in planned recruitment activity and a slight decrease in employers’ intentions to make redundancies. This is according to the latest quarterly CIPD/the Adecco Group Labour Market Outlook (LMO) survey – involving more than 1000 employers and covering all sectors of the economy. More →

Future of work has arrived sooner than expected, WEF report claims

Future of work has arrived sooner than expected, WEF report claims

future of workThe Future of Jobs 2020 report from the World Economic Forum claims that COVID-19 has caused the labour market to change faster than expected. The research suggests that what was recently considered the future of work has now arrived. By 2025, automation and a new division of labour between humans and machines will disrupt 85 million jobs globally in medium and large businesses across 15 industries and 26 economies. More →

Is there a confidence gap between businesses and their people?

Is there a confidence gap between businesses and their people?

 

Cornerstone OnDemand have published a new workforce trends report from the Cornerstone People Research Lab (CPRL) titled A License to Skill: Embracing the Reskilling Revolution. The research report claims that while organisational leaders and employees have rallied around the importance of skills, there remains a confidence gap in the efficacy of skills-based learning programmes that advance careers and innovation in the business. More →

UK faces urgent AI skills gap, Microsoft report claims

UK faces urgent AI skills gap, Microsoft report claims

The UK is facing an AI skills gap that could leave companies struggling to compete with rivals from across the world, a new Microsoft report claims.  The research, entitled AI Skills in the UK, also found that businesses in this country use less AI than firms overseas, and when they do it tends to be less advanced. UK organisations are also less likely to be classed as “AI pros” compared to the global average (15 percent versus 23 percent), and the UK has a higher failure rate of AI than the global average (measured by the number of projects generating no commercial value – 29 percent versus 19 percent). More →