Search Results for: economy

Businesses should focus on the greater good of people and society

Businesses should focus on the greater good of people and society

Modern corporations should work in the best interests of society and people rather than focusing primarily on making money for shareholders as they may have in the past, according to an influential group of chief executives. The body Business Roundtable, which represents the heads of some of America’s largest companies, including Apple, Amazon and Exxon Mobil, has issued a statement of its updated corporate governance principles. More →

Firms need to place more value on older workers

Firms need to place more value on older workers

Older workers are now a key part of the workforceAs we live longer lives, it’s inevitable that more of us want to work for longer. It makes good business sense too: with fewer younger people starting work to replace those set to retire in future years, coupled with uncertainty over Brexit and labour shortages, employers can’t afford to lose older workers.

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Is London Smart City Initiative as smart as it could be?

Is London Smart City Initiative as smart as it could be?

It’s been a year since the launch of the Mayor of London’s smart city roadmap, designed to transform the capital into the smartest city in the world. But twelve months later, is the city any smarter? The Mayor of London’s smart city roadmap is proposing to transform the capital into the smartest city in the world, and as part of the initiative, Sadiq Khan appointed his first Chief Digital Officer to help steer the plan to focus on knowledge and technical advancements that will make life easier for London’s citizens. More →

Reasons to be agile, part three

Reasons to be agile, part three

Agile Working at Peaks and PlainsThe Agile Manifesto, published in 2001, signalled a shift in approach to workplace design as well as technology. Though the document was conceived as a guide to speeding up software development, its contents have gone on to inform how organisations think and operate in ways that extend far beyond IT. “Build projects around motivated individuals. Give them the environment and support they need, and trust them to get the job done.” That’s the fifth of 12 ‘principles’ in the manifesto. More →

Skills for the future of work laid out by new task force

Skills for the future of work laid out by new task force

Mind map of the variety of skillsBecause qualifications are only part of the story for employers, who are placing more emphasis on essential skill sets, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors (the CIPD, The Careers & Enterprise Company, Business in the Community, the Gatsby Foundation, EY Foundation and the Skills Builder Partnership) have come together for the first time to agree a universal framework for essential skills. It will build on the Skills Builder Framework, already used by over 700 organisations, and set out the skills needed to thrive at work, as well as how these can be assessed and developed. It can be used by students, workers and employers. More →

Changing nature of work revealed in official data

Changing nature of work revealed in official data

The changing nature of workMany aspects of the changing nature of work in the UK are highlighted in a new official report into the number of hours worked in the country. The UK’s ongoing productivity challenges, highlighted by another ONS report last month, are well known, but the new data suggests that a number of common suppositions about the way we work should be challenged, especially those related to demographics, the types of work people do and who does it. More →

Voices from the age of uncertain work

Voices from the age of uncertain work

A woman crosses on a tightrope, illustrating the problem of uncertain workOn the surface, the wellbeing of the American worker seems rosy. Unemployment in the U.S. hovers near a 50-year low, and employers describe growing shortages of workers in a wide array of fields. But looking beyond the numbers tells a different story. My new book, “The Importance of Work in an Age of Uncertainty,” reveals that some Americans are experiencing an erosion in the world of increasingly uncertain work that is hurting their wellbeing, relationships and hopes for the future. More →

Work is no more insecure than it was twenty years ago, claims report

Work is no more insecure than it was twenty years ago, claims report

Queuing for workEmployment insecurity affects many people but, overall, work in the UK is as secure as it was 20 years ago, with limited evidence of growing casualisation, new research from the CIPD claims. The report Megatrends: Is work really becoming more insecure? finds that at 20 percent, the share of non-permanent employment in the UK – which includes the self-employed and temporary workers (including temporary zero hours contract workers) – has not increased since 1998.

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Working dads say their schedule means missing out on children growing up

Working dads say their schedule means missing out on children growing up

One in five dads says their working schedule means they are missing out on seeing their children growing up, claims Quinyx. The research highlights the importance of opening up flexible working to all members of the workforce, including working dads and the impact the rigidness of the current system is having on families. 17 percent of working dads say their work schedule makes them feel like they are missing out on seeing their children grow up. More →

CIPD offers new guidance on non-traditional work roles

CIPD offers new guidance on non-traditional work roles

Following the recent government consultation on improving the rights of variable hours workers, the CIPD has published new employer guidance to help ensure that ‘atypical working arrangements’ benefit both the organisation and individuals. The guidance, Atypical Working: A guide to successfully implementing atypical work in your organisation, defines atypical working as practices which include the self-employed, temporary workers, agency staff and people on zero hours contracts.

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GDP should be replaced by new indicators of prosperity and wellbeing

GDP should be replaced by new indicators of prosperity and wellbeing

Two people laughing together to illustrate the principle of wellbeingAs the consequences of climate change, social tensions and high levels of inequality are increasingly evident, the Bennett Institute for Public Policy at the University of Cambridge, led by Professor Diane Coyle, has published its initial report on how to improve economic measurement by replacing GDP as the standard measure for national prosperity with others that include wellbeing and social and environmental capital. More →

London now has its own Good Work standard

London now has its own Good Work standard

The Mayor of London has launched the city's own good work standardThe Mayor of London Sadiq Khan has launched London’s Good Work Standard, pledging to make London ‘the best place to live and work’.  The standard has been developed in partnership with CIPD, claims to bring together good employment practice with resources and guidance written by CIPD experts and tested with London based CIPD members, the framework sets out to support employers of all sizes across the city improve their people management practices and create good work for all.

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