Search Results for: economy

Emotional abuse at work is more significant than we think

Emotional abuse at work is more significant than we think

abuseWhile society has become more aware of psychological abuse in intimate or family relationships, psychological abuse in the workplace is more common and complex than we think, according to new research from NEOMA Business School, Rotterdam School of Management (RSM) at Erasmus University and Durham University Business School. (more…)

Policymakers should encourage the responsible use of AI in decision-making

Policymakers should encourage the responsible use of AI in decision-making

workforceA new report from the Center for Data Innovation claims businesses are increasingly adopting artificial intelligence tools to support workforce decisions in areas such as hiring and retaining high-performing employees. But to successfully deploy and maximize the productivity benefits of these AI tools, employers should address potential concerns to ensure the technology does not exacerbate biases or inequalities, produces fair and accurate results, and does not unduly compromise worker privacy. (more…)

Almost half of young people feel the pandemic has harmed their long-term career prospects

Almost half of young people feel the pandemic has harmed their long-term career prospects

young peopleWith A level results day marking a new cohort of young people entering the toughest labour market for a generation, the CIPD launches its One Million Chances campaign. (more…)

Negative perceptions of remote work persist among both managers and workers

Negative perceptions of remote work persist among both managers and workers

remote workNew research from the US based Society for Human Resource Management (SHRM) claims that there are widespread, persistent negative perceptions of remote work amongst line managers who are likely to express a preference for local work. In addition, remote workers themselves continue to express reservations about losing opportunities for networking and increased pay. More than two thirds of supervisors of remote workers surveyed by SHRM, or 67 percent, admit to considering remote workers more easily replaceable than onsite workers at their organization, 62 percent believe full-time remote work is detrimental to employees’ career objectives and 72 percent say they would prefer all of their subordinates to be working in the office. (more…)

London office leasing activity gathers momentum in Q2 2021

London office leasing activity gathers momentum in Q2 2021

LondonThere was a spring in the step of the central London office market in Q2 2021 with more businesses committing to new office space, as plans to return to workplaces took shape. Research by DeVono Cresa claims that just over 1.98 million sq ft was transacted, representing an upturn of 21 percent on the previous quarter and the highest quarterly total since the outbreak of the pandemic. (more…)

Corporate real estate markets continue to improve worldwide, report claims

Corporate real estate markets continue to improve worldwide, report claims

global corporate real estateThere has been a further improvement in sentiment across the global corporate real estate market, according to the latest RICS Global Commercial Property Monitor. Respondents highlight a continued steady recovery, with the Americas and Europe leading the way. Importantly the improvement is being recorded on both the occupier and the investor sides of the market, reflecting improved macro-economic factors. Sentiment amongst both occupiers and investors continues to recover, consistent with the expectation of a sustained economic recovery from the pandemic.  The global sentiment reading for occupiers rose from -26% to -10%, whilst for investors it climbed from -10% to +1%. However, whilst forecasts for the global economy have strengthened, uncertainty remains over any future impacts of COVID following the upsurge in cases linked to Delta variant.

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Plans for a new single status for workers don’t cover everyone, says lobby group

Plans for a new single status for workers don’t cover everyone, says lobby group

IPSE (the Association of Independent Professionals and the Self-Employed) has responded to the UK Labour Party’s proposal for a single worker status saying that although it is welcome the party is attempting to clear the confusion around worker rights, the party’s proposals fail to grasp the nettle of employment status. The comment comes after Labour announced it would create a single worker status to “replace the three existing employment categories” of employee, worker and dependent contractor. Labour said the category would encompass “all but the genuinely self-employed”. (more…)

Older workers at risk of being ‘thrown on the scrap heap’

Older workers at risk of being ‘thrown on the scrap heap’

older workersIn face of growing skills gaps in the UK – post pandemic and Brexit – City & Guilds Group is urging businesses to stop the silver talent drain from the workforce by investing in upskilling valuable older workers – or risk further productivity shortfalls during the recovery period. (more…)

Hybrid working poses challenges of culture, morale and training

Hybrid working poses challenges of culture, morale and training

hybrid workingAs increasing numbers of companies offer post-pandemic hybrid working for employees, the challenges it poses to maintaining culture, morale, effective training and staff loyalty have been disclosed in a new survey of senior executives. (more…)

A digital presence saw some small businesses through Covid, but support now needed

A digital presence saw some small businesses through Covid, but support now needed

digitalNew research commissioned by Cisco claims the digital priorities and growth opportunities for small businesses in the UK, as they navigate a new hybrid world. (more…)

Firms don’t use artificial intelligence much, so the current hype is tripe

Firms don’t use artificial intelligence much, so the current hype is tripe

a long road ahead for artificial intelligenceMany governments are increasingly approaching artificial intelligence with an almost religious zeal. By 2018 at least 22 countries around the world, and also the EU, had launched grand national strategies for making AI part of their business development, while many more had announced ethical frameworks for how it should be allowed to develop. The EU documents more than 290 AI policy initiatives in individual EU member states between 2016 and 2020. (more…)

European Commission adopts ambitious Green Deal to cut greenhouse gas emissions

European Commission adopts ambitious Green Deal to cut greenhouse gas emissions

The European Commission adopted a package of proposals to make the EU’s climate, energy, land use, transport and taxation policies fit for reducing net greenhouse gas emissions by at least 55 percent by 2030, compared to 1990 levels. The Commission claims that achieving these emission reductions in the next decade is crucial to Europe becoming the world’s first climate-neutral continent by 2050 and making the European Green Deal a reality.  (more…)