Search Results for: economic

Older workers will drive long term success of firms

Older workers will drive long term success of firms

by • Business, News, Wellbeing, Working lives

Older workers are essential for the success of firmsOrganisations that actively leverage the abilities and experience of their older workers will be best positioned for the future of work, according to Mercer’s report Next Stage: Are You Age-Ready? (registration). The importance of being “age-ready” is underscored for both businesses and economies by the impact of the twin forces of a rapidly ageing labour force coupled with an uncertain global economic growth rate, the report argues. More →

Employment of mothers shapes working lives of children

Employment of mothers shapes working lives of children

by • News, Working culture

working lives of mothers serves as role model for childrenA new report from the IZA Institute of Labor Economics claims that working mothers serve as role models for the working lives of their children, especially their daughters. The report suggests that  while the inter-generational correlation of labour market outcomes has been a subject of interest among both academics and policymakers for a long time, much of the literature has focused on the correlation of earnings. The new report argues that not only is the potential to earn transmitted across generations but also the willingness to work more generally. More →

Skills gap driven by changing structure of labour market

Skills gap driven by changing structure of labour market

by • News, Technology, Workplace

skills gapRecent years have seen a widespread drop in global unemployment rates but what continues to puzzle economists has been the subsequent failure of wage inflation to follow suit. This has created an unusual phenomenon of wage stagnation across global markets, according to the eighth edition of the Hays Global Skills Index, a report into skills and the skills gap published by recruitment firm Hays in collaboration with Oxford Economics. More →

Having data about people and their behaviour does not create a science

Having data about people and their behaviour does not create a science

by • Comment, Technology, Workplace

dataTwo questions: is it good or bad that professional athletes earn 400 times what nurses do, and is string theory a dead end? Each question goes to the heart of its discipline. Yet while you probably answered the first, you’d hold an opinion on the prospects of string theory only if you’ve studied physics. More →

Office design alone cannot motivate us or make us happy at work

Office design alone cannot motivate us or make us happy at work

by • Comment, Knowledge, Workplace, Workplace design

Office design and happinessThere’s a good reason why we find it hard to establish the causal links between our working lives, office design and our personal happiness. It’s because it’s all very complicated. So complicated in fact that you can sidetrack any discussion on the subject by asking elementary questions such as: ‘what do you mean by happy?’ or ‘should it be the role of work to make us happy?’ More →

Exploring the link between digital IQ and workplace culture

Exploring the link between digital IQ and workplace culture

by • Premium Content, Technology, Workplace design

digital IQ and workplace cultureOne of the most talked about solutions to the UK’s seemingly intractable productivity deficit is the application of new technology. And as we begin to address the first challenges and opportunities presented by the Fourth Industrial Revolution, it grows more apparent each day that this is not merely a macro-economic issue, but something that affects us at an organisation and personal level too.

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Automation will boost productivity, but risks leaving people behind

Automation will boost productivity, but risks leaving people behind

by • AI, News, Workplace

Automation of an eyeUnless the Government steps up efforts to manage the transition to automation, many people and entire regions of the UK face being left behind and British businesses could find themselves becoming less competitive, says the Business, Energy and Industrial Strategy (BEIS) Committee in a report published today.
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High streets should switch focus to office space and high-skilled jobs

High streets should switch focus to office space and high-skilled jobs

by • Cities, News, Property

Many British High Streets face a bleak future as policymakers are failing to identify a clear economic focus to city centre regeneration strategies. According to the Centre for Cities’ latest research, in partnership with Nationwide Building Society, success is defined by those policies that create skills, jobs and quality office space for businesses rather than currently accepted interventions such as cultural initiatives, business rate reforms and online sales taxes. More →

Flexible office space transforming US commercial property sector

Flexible office space transforming US commercial property sector

by • Coworking, News, Property

An image from the CBRE report on flexible office spaceA new report from CBRE claims that the US market for flexible office space will generate significant growth over the next decade, even in the event of a recession, as flex operators consolidate and forge financial partnerships with building owners. More →

There is still time to avoid the regrexit of Brexit

There is still time to avoid the regrexit of Brexit

by • Business, Comment

Still time to avoid BrexitSeveral months ago when we invited Jonty Bloom, one of the media’s most respected journalists to come and speak to our guest audience, we knew it would be informed, relevant and fascinating. What we didn’t know was that the day before (4th September 2019) Boris Johnson would deliver a stunningly inelegant performance at his inaugural Prime Minister’s Question time, the day after losing his first vote in parliament to prevent a further delay in delivering Brexit. More →

Automation fear for workers not developing new skills

Automation fear for workers not developing new skills

by • AI, News

A confident worker clearly has the right skills to adapt to automationOver half of workers believe automation will significantly change or make their job obsolete within the next ten years and three quarters would learn new skills or completely retrain to improve their future employability. Yet people given fewer opportunities to learn new digital skills are more fearful of the impact of automation, and are more likely to have lower levels of education. More →

Legislation and trading conditions biggest worries for firms

Legislation and trading conditions biggest worries for firms

by • News

Legislation and a difficult economic climate are the biggest challenges facing start-ups in eight major business sectors according to a survey carried out by Safestore. The survey set out to establish the biggest concerns for biggest owners, their most fundamental goals, and what they believe to be the main reasons for a business failing. More →

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