Search Results for: employment

A better focus on workplace wellbeing could add around £1 billion to UK economy, report claims

A better focus on workplace wellbeing could add around £1 billion to UK economy, report claims

by • News, Wellbeing

The commission's report on workplace wellbeing argues that a proactive and preventive approach to employee health could prevent at least 100,000 people from exiting the workforce over the next five years, potentially saving the government over £1 billion during this period.Enhancing support for individuals with health conditions to remain in employment could lead to significant economic benefits for the United Kingdom, according to a new report from the Commission for Healthier Working Lives. The commission’s report on workplace wellbeing argues that a proactive and preventive approach to employee health could prevent at least 100,000 people from exiting the workforce over the next five years, potentially saving the government over £1 billion during this period. More →

Young men and boys lagging behind female contemporaries in pay and other ways

Young men and boys lagging behind female contemporaries in pay and other ways

by • News, Wellbeing, Workplace

Young women are now consistently out-earning their male counterparts for the first time, according to a new report that warns of a growing crisis among young menYoung women are now consistently out-earning their male counterparts for the first time, according to a new report that warns of a growing crisis among young men. The Centre for Social Justice (CSJ) think tank has published findings showing that women aged 16 to 24 in both white-collar and blue-collar jobs are earning nearly 10 percent more than men of the same age. The report, titled Lost Boys, highlights how young men are falling behind in education and employment, with growing feelings of isolation and lack of purpose. More →

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

We may think we are pretty aware of the effects of AI. But posterity may draw different conclusions

by • AI, Comment, Wellbeing

Artificial Intelligence (AI) is reshaping the world around us at breakneck speed, unlocking opportunities we could not have even imagined a few years ago. But with its potential comes an immense set of challenges. How we handle this transformation will define the future of our workplaces, economies, and societies. Recent events, including Trump’s revocation of Biden’s executive order addressing AI risks, Labour’s ambitious plans to integrate AI across the UK, and Facebook’s unsettling U-turn on content moderation, highlight the urgent need for businesses to take an ethical, informed, and responsible approach to AI adoption. More →

Flexible working is not an option for many of Britain’s two-tier workforce

Flexible working is not an option for many of Britain’s two-tier workforce

by • Flexible working, News

A new report from the social enterprise Timewise claims to reveal a growing divide in the UK workforce, highlighting the increasing gap between frontline workers, such as nurses, cleaners, and bus drivers, and office-based employees when it comes to access to flexible working and other factorsA new report from the social enterprise Timewise claims to reveal a growing divide in the UK workforce, highlighting the increasing gap between frontline workers, such as nurses, cleaners, and bus drivers, and office-based employees when it comes to flexible working hours and patterns. This divide, the report suggests, could be reduced if the government takes further steps to implement its upcoming Employment Rights Bill. More →

Businesses are cautiously optimistic despite economic and technological uncertainty

Businesses are cautiously optimistic despite economic and technological uncertainty

by • Business, News

Nearly three-in-five businesses optimistic about global economic outlook as they plan headcount increases and continued AI rolloutAlmost 60 percent of CEOs around the world expect global economic growth to increase over the next 12 months, according to PwC’s 28th Annual Global CEO Survey, launched during today’s World Economic Forum Annual Meeting. The report, which surveyed 4,701 CEOs across 109 countries and territories, also finds that 42 percent of businesses expect to increase headcount by 5 percent or more in the next 12 months – more than double the proportion who expect headcount decreases (17 percent), and up from 39 percent last year. The percentage is highest (48 percent) among smaller companies (less than US$100 million) and those in the technology (61 percent), real estate (61 percent), private equity (52 percent) and pharma and life sciences (51 percent) sectors. More →

Small businesses remain upbeat about flexible working

Small businesses remain upbeat about flexible working

by • Flexible working, News

More than 80 percent of SME decision makers expect to see positive outcomes to their workforce from policy changes to flexible working rulesMore than 80 percent of SME decision makers expect to see positive outcomes to their workforce from policy changes to flexible working rules, a new poll  from NatWest Mentor suggests. In April 2024, under the previous Conservative government, new flexible working legislation was introduced across England, Scotland and Wales creating significant changes to how employees make flexible working requests and how employers must respond. More →

Emotion tracking tech in the workplace puts people’s wellbeing at risk

Emotion tracking tech in the workplace puts people’s wellbeing at risk

by • AI, News, Wellbeing

A new report from the Institute for the Future of Work (IFOW) explores the increasing use of affective computing in the workplace.A new report from the Institute for the Future of Work (IFOW) explores the increasing use of affective computing in the workplace. Affective computing is a branch of artificial intelligence which focuses on recognising and responding to human emotions through technologies like biometric sensors, emotion-tracking software, and wearable devices. Once primarily used in consumer products, these systems are now finding applications in the workplace, often marketed as tools to enhance safety, productivity, and employee wellbeing. The use of AI-powered technologies that monitor and interpret employees’ emotions and behaviours is known as Algorithmic Affect Management (AAM) and is rapidly transforming the landscape of employment, raising significant questions about privacy, ethics, and the future of work, according to the report. More →

Three quarters of recruiters think young people aren’t prepared for working life

Three quarters of recruiters think young people aren’t prepared for working life

by • News, Workplace

The new report, Changing Face of the Youth Labour Market, claims to uncover a number of worrying insights into employers' perceptions of young workers and their readiness for working lifeA new poll from the the CIPD suggests that many UK employers believe young people aren’t ‘job-ready’ and lack important workplace skills, with a fall in earning and learning opportunities cited as a key reason. The new report, Changing Face of the Youth Labour Market, claims to uncover a number of worrying insights into employers’ perceptions of young workers and their readiness for working life. The study suggests that only just over a quarter (28 percent} of employers who hired individuals aged 16-24 in the past year believe that young people are well-prepared for the world of work. More →

Working life in 2024 is defined by stress, poor management and loneliness

Working life in 2024 is defined by stress, poor management and loneliness

by • Flexible working, News, Wellbeing, Workplace

Despite living in an era of progress, people feel that stress, disengagement, and declining mental health are prominent in daily working lifeThe 2024 State of the Global Workplace report by Gallup sets out to provide a comprehensive analysis of employee experiences worldwide, revealing a large number of people who feel they are under increasing strain. Despite living in an era of remarkable technological and economic advancements, workers face significant challenges, with stress, disengagement, and declining mental health prominent in people’s daily working life. The report suggests that 41 percent of employees experience high levels of daily stress, with poor management practices being a major contributing factor. One in five workers report daily loneliness, an issue particularly pronounced among remote employees. More →

Older workers will be essential in a changing global economy

Older workers will be essential in a changing global economy

by • News, Wellbeing, Workplace

A new report from consulting firm Bain & Company underscores the rising importance of older workers as global populations age and labour markets face growing talent shortagesA new report from consulting firm Bain & Company underscores the rising importance of older workers as global populations age and labour markets face growing talent shortages. The study focuses on the demographic of employees aged 50 and above, whose experience, stability, and institutional knowledge make them invaluable assets to businesses. It reveals that while older workers often demonstrate adaptability, problem-solving abilities, and a strong work ethic, organisations frequently overlook their contributions due to outdated stereotypes and rigid employment practices. More →

CIPD welcomes government’s ‘Get Britain Working’ strategy

CIPD welcomes government’s ‘Get Britain Working’ strategy

by • News, Workplace

The Chartered Institute of Personnel and Development (CIPD) has expressed support for the UK Government's 'Get Britain Working' initiative, which aims to tackle economic inactivityThe Chartered Institute of Personnel and Development (CIPD) has expressed support for the UK Government’s ‘Get Britain Working’ initiative, which aims to tackle economic inactivity and promote greater inclusion within the workforce. However, the CIPD has urged the government to take more ambitious steps to elevate the status of apprenticeships and strengthen partnerships between employers and Jobcentres. More →

Poor job quality leaves people exhausted and at risk of ill health

Poor job quality leaves people exhausted and at risk of ill health

by • News, Wellbeing

A new report from the Institute for Employment Studies warns that poor job quality is significantly affecting people's health and wellbeingA new report from the Institute for Employment Studies warns that poor job quality is significantly affecting worker health, with 1.7 million people in Great Britain reporting work-related ill health in the last year. The research reveals that half of all workers report having to work more hours than contracted or expected – the highest rate in Europe. Rising work intensity and job strain have left around half of the UK workforce regularly exhausted. The impact of ill-health on spiralling economic inactivity is a focus of an anticipated government White Paper looking to tackle the ‘greatest employment challenge for a generation’ and support more people into good work. More →

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