Search Results for: business

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. (more…)

Herman Miller expands OE1 Workspace Collection

Herman Miller expands OE1 Workspace Collection

The OE1 Workspace Collection from Herman Miller, designed by Sam Hecht and Kim Colin of  London-based Industrial Facility is being updated to include new productivity-enhancing  solutions.Introducing the OE1 Sit-Stand Table and other essential pieces for agile workspaces. The OE1 Workspace Collection from Herman Miller, designed by Sam Hecht and Kim Colin of  London-based Industrial Facility is being updated to include new productivity-enhancing  solutions. (more…)

The average day off includes about two and a half hours of work

The average day off includes about two and a half hours of work

the average Brit will spend up to two-and-a-half hours working while technically having a day off on holiday or leave.A recent study by Forbes Advisor claims that a quarter (25 percent) of UK employees will work between three and four hours on days when they are officially “off the clock”. The survey found that the average Brit will spend up to two-and-a-half hours working while technically having a day off on holiday or leave. (more…)

Employers must act to offer more choices to people

Employers must act to offer more choices to people

Henley Business School’s World of Work Institute has published a new report on what it calls The Omniployment Era The report claims to identify which what a post-Covid, post-Great Resignation workforce looks like. The study identifies six distinct worker ‘segments’* in the UK workforce and quantifies what attracts and retains them in jobs, and provides advice to businesses on how to build a strong workforce. (more…)

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

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

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.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…)

Workspace Design Show reveals all-encompassing speaker programme

Workspace Design Show reveals all-encompassing speaker programme

The speaker programme at Workspace Design Show has over 120 speakers featuring across four key elements of discourseThe speaker programme at Workspace Design Show (27-28 February 2024, Business Design Centre, London) has been an integral part since the event’s inception in 2021 and this year is no exception with over 120 speakers featuring across four key elements of discourse. The Workspace Design Talks programme, which will take place in a dedicated space, the Design Talks Lounge (bottom), designed by global design and architecture firm Gensler, will feature inspiring sessions from leading industry professionals over the event’s two days. (more…)

Third of employees resent return to office mandates

Third of employees resent return to office mandates

A new poll from Scalable Software of 2,000 UK knowledge workers claims more than a third (35 percent) resent being told they have to go into the office for a set number of days. Half (50 percent) of respondents say their employer has “productivity paranoia” over employees working away from the office, with 62 percent reporting their organisation has implemented a return to office policy within the last two years. (more…)

Gossiping at work really is bad for your career

Gossiping at work really is bad for your career

Gossiping at work can have serious negative impacts on your career, according to new research by Durham University Business School and NEOMA Business School. Not only are gossipers frowned upon by other work colleagues, they also become socially excluded in the company, and can experience negative career-related impacts as a consequence of their storytelling. (more…)

Focus should shift to reducing energy demand, WEF report suggests

Focus should shift to reducing energy demand, WEF report suggests

A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy if measures are taken by the end of this decade. This would boost growth, save companies cash and deliver competitive advantage while also reducing emissions.A set of business actions aimed at reducing the intensity of energy demand could unlock annual savings of at least $2 trillion for the global economy if measures are taken by the end of this decade. This would boost growth, save companies cash and deliver competitive advantage while also reducing emissions. These are the findings of the World Economic Forum’s Transforming Energy Demand initiative – and a new report – launched in collaboration with PwC and supported by over 120 global CEOs who are members of the International Business Council (IBC), a group representing 3 percent of global energy use. (more…)

Employers can be advocates for workplace eye wellness: four winning strategies

Employers can be advocates for workplace eye wellness: four winning strategies

Proper management of employee health and wellness is an important facet to consider when striving for success in the workplace. Properly supporting employee health helps them perform better, encourages productivity, prevents losses from absences, enhances job satisfaction, and improves overall morale. Employers can promote employee wellness in different ways, but one area you should consider prioritising is eye care in the workplace. (more…)

Amazon employee claims he was told you’ve still got a job, but not a role

Amazon employee claims he was told you’ve still got a job, but not a role

An employee claims he has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority.Last year Amazon made headlines for making 27,000 people redundant as part of a long-term cost-cutting exercise. One of the consequences was a fall in the firm’s share price. Now an employee has claimed in a blog post that the firm is handling its downsizing in more creative ways. Justin Garrison claims in the post that has been told he no longer has a role with Amazon Web Services, but that he will still be paid while he makes the finding of a new job his number one priority. (more…)

Number of self-employed falls, except for over-50s

Number of self-employed falls, except for over-50s

the number of self-employed business owners aged 50 and over surged to 1.1 million in 2023 – 89,000 more than in 2020 – despite the total solo self-employed population falling by 154,000 in the same period.Tens of thousands more over 50s are now running their own businesses despite an overall decline in self-employment since 2020, new analysis of workforce statistics shows. The analysis, published by IPSE (the Association of Independent Professionals and the Self-Employed), found that the number of self-employed business owners aged 50 and over surged to 1.1 million in 2023 – 89,000 more than in 2020 – despite the total solo self-employed population falling by 154,000 in the same period. (more…)