Search Results for: economic

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

by • AI, News

the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employeesA new study by the US-based National Bureau of Economic Research has cast doubt on the immediate transformative impact of artificial intelligence in the workplace, finding that the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employees. The working paper [restricted access], authored by economists Anders Humlum and Emilie Vestergaard, used detailed Danish employment data to assess the real-world effects of AI adoption across 7,000 workplaces and 25,000 workers, focusing on white-collar roles most susceptible to automation—such as accountants, IT support staff, journalists, HR professionals, and software developers. (more…)

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

by • News, Wellbeing, Workplace

A new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional developmentA new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional development. The study, which surveyed nearly 2,000 people, revealed that 63 percent of workers in Europe have experienced impostor syndrome at some point. More than half—56 percent—said they had turned down or missed out on opportunities as a result of these feelings of self-doubt. (more…)

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

by • Flexible working, News

the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the countryA new report and series of policy briefings by a team of UK researchers suggest that the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the country. Led by Professor Jackie Wahba OBE from the University of Southampton and Dr David McCollum from the University of St Andrews, the research was conducted by the ESRC Centre for Population Change and Connecting Generations, in collaboration with academics from the University of Birmingham, De Montfort University, and the University of the Arts London. The findings show that most remote workers continue to follow hybrid working patterns, splitting their time between home and the office while staying within commuting distance of major employment centres. This trend limits the potential to reduce regional inequalities or drive economic growth outside of London and the South East.

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Is anyone really thinking about the future beyond what happens next?

Is anyone really thinking about the future beyond what happens next?

by • Comment, SF, Technology, Wellbeing

I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the futureThe conversations around AI at the moment are interesting. Academic. Thought-provoking. Posts on LinkedIn discuss job changes and what the future may look like in theoretical terms. The words ‘streamlined’ and ‘automated’ litter the chats between Executives and CEOs. But that seems to be where consideration ends. We are talking about the future, but the very near future. I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the future? (more…)

Ping pong, perks, pizza and beanbags won’t get you a better workplace culture

Ping pong, perks, pizza and beanbags won’t get you a better workplace culture

by • Comment, Flexible working, Wellbeing, Workplace, Workplace design

Organisations have become increasingly inward-looking, preoccupied more with symbolic purpose statements and curated internal experiences of workplace culture than delivering real value to the business or its customersBusiness has taken a wrong turn. Since the 2008 financial crisis, best practice has led companies to believe that the route to driving greater productivity and performance is to establish a workplace culture that prioritises purpose, meaning, and how people feel. As a result, organisations have become increasingly inward-looking, preoccupied more with symbolic purpose statements and curated internal experiences than delivering real value to the business or its customers. However, in today’s challenging economic climate, and with UK productivity at an all-time low, this navel-gazing approach is not only proving ineffective, but is also actively holding companies back. What began as a well-meaning shift towards cultivating happier employees has become a harmful distraction from genuine employee engagement and performance. (more…)

Most organisations now think they reduced their office space too much in the wake of the pandemic

Most organisations now think they reduced their office space too much in the wake of the pandemic

by • Flexible working, News, Property, Workplace design

According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years.Most UK businesses now believe they got their office space strategies wrong in the wake of the pandemic. According to The Office Occupiers Report 2025 from Irwin Mitchell nearly two-thirds of the organisations surveyed now believe they may have downsized their office space too much over the past few years. Consequently, 45 percent are planning to expand their office footprint within the next 12 to 18 months, compared to just 10 percent considering further reductions. (more…)

Office design and the office market are not what you might be led to believe

Office design and the office market are not what you might be led to believe

by • Comment, Workplace design

The future of office design is that the physical workplace will resemble nothing so much as an upscale hotel, right? Right?Over the weekend The Times published an article headlined “The ‘super-prime’ offices designed to lure WFH staff back in”. It described how firms are reshaping offices in the image of upmarket hotels, with enticing features such as gyms, childcare, cinemas, climbing walls, lounges and restaurants (run by Gordon Ramsay natch). These are luxury spaces to make the office worth the commute, as the cliché goes. Although the author concedes that this is largely a London phenomenon in the UK, the implication is that offices everywhere must ape this office design approach to some degree to meet the demands of the post-covid workforce. This is compelling stuff and not the first time you will have heard the argument. But, is it true? (more…)

The world needs amazing leaders like never before. But where are they?

The world needs amazing leaders like never before. But where are they?

by • Business, Comment, Workplace

rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisationDemand for integrity and strength in leadership has never been greater. A wave of quickly evolving AI technologies, combined with geopolitics and other pressures, is increasing this need at an unprecedented pace. The rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisation. In fact, even those changes that are expected to bring efficiency and simplicity like GenAI, translate into confusion, anxiety, and complexity in many situations. According to McKinsey research, a staggering 56 percent of employees report that their leaders are either mildly or highly toxic. Even more concerning, 75 percent of employees identify their boss as the most stressful part of their workday. (more…)

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

by • Flexible working, News, Workplace

The latest report on the future of work forecasts profound but entirely unsurprising changes for the workplace over the next five yearsThe latest Future of Jobs Report from the World Economic Forum forecasts profound but entirely unsurprising changes across global labour markets over the next five years, as technological breakthroughs, demographic shifts, and the green transition redefine the physical and digital workplace. Drawing on insights from over 1,000 employers, representing more than 14 million workers across 55 economies, the report on the future of work claims that technological change—particularly the rise of generative AI (GenAI)—will be the most powerful driver of workplace transformation by 2030. Broadening digital access is expected to reshape six in ten businesses, followed closely by AI and robotics, which are both forecast to simultaneously create and displace jobs on a massive scale. (more…)

Prime office rents around the world continue to rise

Prime office rents around the world continue to rise

by • News, Property

ental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024Rental growth for prime office space around the world accelerated in the first quarter of 2025, increasing on average by 0.6 percent, following a 0.3 percent increase in Q4 2024, says Savills. Fit out costs also rose by 0.7 percent in the first quarter, following a 0.2 percent increase in Q4, as demand for top quality office space continues unabated. According to Savills Q1 2025 Prime Office Costs report, in the first quarter average ‘all-in’ net effective costs (rent plus fit-out costs) rose by 0.5 percent, with 21 of the 40 locations monitored recording an increase, continuing a moderate upwards trend of 3.3 percent over the last year. (more…)

Pace from Profim. Where design meets human-centred innovation

Pace from Profim. Where design meets human-centred innovation

by • Company news, Workplace design

Profim proudly unveils Pace, an innovative task chair that redefines comfortable, sustainable seating for the modern workplace. Created by Germany's ITO Design, the studio behind Profim's bestselling Xenon and AccisPro lines, and engineered in Poland, Pace seamlessly blends German design precision with Polish manufacturing excellence. The chair's clean, contemporary silhouette adapts effortlessly to diverse work environments.Profim proudly unveils Pace, an innovative task chair that redefines comfortable, sustainable seating for the modern workplace. Created by Germany’s ITO Design, the studio behind Profim’s bestselling Xenon and AccisPro lines, and engineered in Poland, Pace seamlessly blends German design precision with Polish manufacturing excellence. The chair’s clean, contemporary silhouette adapts effortlessly to diverse work environments. Its Synchro SFL MAX mechanism enables smooth, natural movement, providing subtle support for different seating positions without compromising visual elegance. With multiple backrest, lumbar support, and armrest options, Pace enhances comfort while helping to reduce workplace health concerns, making it ideal for settings ranging from startups to corporate offices. (more…)

Negative feelings about work continue to grow, especially for managers

Negative feelings about work continue to grow, especially for managers

by • AI, Flexible working, News, Technology, Wellbeing

People are becoming increasingly disengaged from work at a time when technological change is demanding more from them than everThe State of the Global Workplace: 2025 Report from Gallup frames a stark warning to business leaders and policymakers: people around the world are becoming increasingly disengaged from work at a time when technological change is demanding more from them than ever before. As artificial intelligence (AI) accelerates across industries, transforming everything from operations to communication, the human foundations of the workplace—employee engagement and wellbeing—are showing signs of deep strain. (more…)

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