Search Results for: employment

Employment rates set to grow but applicants must battle for jobs

Employment rates set to growth but applicants must battle for jobs

Employment growth is set to continue in the second quarter of this year, but the jobs market remains a ‘battleground’, particularly for low-skilled workers. According to the Spring 2013 Chartered Institute of Personnel and Development (CIPD)/Success Factors Labour Market Outlook (LMO), the net employment balance – which measures the difference between the proportion of employers who expect to increase staffing levels and those who intend to reduce staffing levels, has increased to +9 from +5 for the previous quarter, the fifth consecutive quarter of projected growth. However, the median number of applicants employers receive for medium-skilled roles is 29, highly-skilled vacancies typically receive 10 applicants and pay rates continue to be squeezed.

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UK underemployment rates more accurate measure say economists

 Underemployment in the UK heightened by a fall real wages say economists

The current economic downturn differs from previous recessions in that unemployment rates haven’t been quite as devastating, with employers opting to freeze pay rates and offer flexible working and reduced hours in order to retain staff. But according to a white paper published today this has led to an important new phenomenon – underemployment. In the latest issue of the National Institute Economic Review, economists David Bell and David Blanchflower of the University of Stirling and Dartmouth College describe workers who are underemployed when they are willing to supply more hours of work than their employers are prepared to offer. (more…)

UK firms want to stay in EU but majority favour employment law changes

EU FlagA new report from the British Chambers of Commerce shows that while the majority of businesses still favour the UK’s ongoing membership of the European Union, the majority would like to see significant changes in certain key legislative areas including employment law, health and safety regulations and regional development. The EU Business Barometer from the BCC gathered responses from around 4,400 firms of all sizes and from a range of sectors and found that over half (54 per cent) wanted changes to employment law, a similar proportion wanted changes to Health and Safety laws (46 per cent) and a third changes to policies related to regional development.

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UK employment rises but pay rates are squeezed

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” (more…)

Flexible working bolstering employment growth in UK

Jobs

Employment will continue to grow in the first quarter of 2013, despite stalled economic growth. According to the latest Chartered Institute of Personnel and Development (CIPD)/SuccessFactors Labour Market Outlook the proportion of employers that intend to increase total staffing levels remains positive for the first quarter of 2013. Gerwyn Davies, Labour Market Adviser at the CIPD, said: “While muted pay growth is playing a part, we also see continued evidence that employers are reluctant to lay-off skilled workers.” He added: “Some employers are clearly using flexible working and reduced hours to adapt to trading conditions.” (more…)

Third of people think AI would do a better job than their human manager

Third of people think AI would do a better job than their human manager

More than a third of UK employees believe replacing their line manager with an artificial intelligence system would improve their productivityMore than a third of UK employees believe replacing their line manager with an artificial intelligence (AI) system would improve their productivity, although a large majority still want performance feedback delivered by a human manager. Polling commissioned by Careerminds UK found that 36.7 percent of employees thought an AI manager would make them more productive, compared with 25.5 percent who expected their productivity to decline. A further 37.8 percent said it would make no difference. (more…)

Productivity gains from workplace AI mean little if they erase professional judgment

Productivity gains from workplace AI mean little if they erase professional judgment

Speed can become a dangerous proxy for the value of workplace AI when leaders stop asking what happened to the judgment behind the work.The strongest case for workplace AI rarely begins with a dramatic breakthrough. It begins with ordinary time savings: a report drafted faster, a plan assembled in minutes or a first pass produced without the usual blank-page delay. Those gains matter. Yet speed can become a dangerous proxy for value when leaders stop asking what happened to the judgment behind the work. (more…)

London named world’s most intelligent city in new AI benchmark report from BCG

London named world’s most intelligent city in new AI benchmark report from BCG

London has been ranked as the world's most intelligent city in the inaugural Intelligent Cities Index from Boston Consulting Group (BCG), reflecting the capital's ability to translate AI, digital technology and innovation into economic opportunity and improved public services.London has been ranked as the world’s most intelligent city in the inaugural Intelligent Cities Index from Boston Consulting Group (BCG), reflecting the capital’s ability to translate AI, digital technology and innovation into economic opportunity and improved public services. The study assessed 61 major cities across 39 countries against five measures of “intelligent city” maturity: resident outcomes, strategy, technology adoption, ways of working in government and enabling factors such as infrastructure, talent and investment. London topped the overall ranking ahead of Dubai, New York City, Washington DC and Amsterdam. (more…)

Gen Z workers are socialising more after returning to the office, study suggests

Gen Z workers are socialising more after returning to the office, study suggests

Almost one in three Generation Z employees say they are socialising more with colleagues since returning to the office more often, according to a new poll from career transition firm Careerminds UK. The survey of 600 UK employees found that 31.7 percent of Gen Z respondents said they socialise more with colleagues now they are spending more time in the workplace. Among millennials, the figure was 17.7 percent. The research was published during International Youth Employment Week and examined how employees’ workplace habits have changed since the return to office and hybrid working. (more…)

Inter-generational collaboration linked to stronger organisational performance, report claims

Inter-generational collaboration linked to stronger organisational performance, report claims

Organisations that encourage stronger inter-generational collaboration between different groups of employees are more likely to see improvements in innovation, trust and business performanceOrganisations that encourage stronger inter-generational collaboration between different groups of employees are more likely to see improvements in innovation, trust and business performance, according to new research from employee recognition firm O.C. Tanner. The company’s first State of Generations at Work Report, based on responses from more than 5,700 employees across 17 countries, argues that employers should move beyond generational stereotypes and instead focus on creating what it describes as “generational synergy” across their workforces. (more…)

New mothers return to work early as financial pressures shorten maternity leave, report finds

New mothers return to work early as financial pressures shorten maternity leave, report finds

Financial pressures are prompting many new mothers to return to work before the end of their statutory maternity leave, according to new researchFinancial pressures are prompting many new mothers to return to work before the end of their statutory maternity leave, according to new polling from campaign group Pregnant Then Screwed. The organisation’s State of the Nation 2026 survey, conducted in partnership with Women in Data, suggests the impact is greatest on single parents, lower income families and parents of disabled children. (more…)

Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres are the most significant building type in the world right now. And we need to talk about that

Data centres have always been a slight anomaly in the Built Environment sector, part property and part critical infrastructure (talking in wattage rather than square footage for example), lacking aesthetic appeal and they are not significant employers, they are often considered a necessary evil to support our hyper-communicative lifestylesThe Data Centre Congress which took place from June 1st to 4th in Cannes is to data centres what mipim is to the more traditional markets in property, a place where the good and the great – from investors and operators, to the engineers and power providers, gather to network and contemplate the challenges and the future of the sector. In Q1 last year there was a slight chill through the sector after Microsoft halted data centre plans across the US and Europe to the tune of 2GW, citing caution around the overexpansion of AI and uncertainty around tariffs. What seemed like bombshell news at the time, felt like a mere blip and a distant memory at the 2026 edition and this juggernaut of activity is showing zero signs of slowing, a market that is currently worth over $300 billion is set to rise to $699.13 billion by 2034. (more…)