Search Results for: finance

Business leaders are failing to drive disruptive technological change

Business leaders are failing to drive disruptive technological change

One in three (34 percent) employees believe a robot would be better at decision making than their boss if it had access to the right business intelligence. This is according to the Advanced Trends Report 2018/19, which also reveals that there is no clear leader driving technology change across UK businesses. Just 35 percent of C-Suite/Managing Directors are said to be driving technology change, while 51 percent believe responsibility falls to IT, followed by finance (19 percent) and marketing (13 percent). It perhaps comes as no surprise, then, that 59 percent of employees think less than half of people in their organisation are ready to adopt new technology to change the way they work.

(more…)

OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

OECD, UN Environment and World Bank call for a radical shift in infrastructure thinking

The OECD, UN Environment and World Bank Group have this week called on leaders of G20 countries to do more to enable a radical shift of investment into low-carbon, climate-resilient infrastructure as a way to limit the impact of climate change. Delivering a new report, Financing Climate Futures: Rethinking Infrastructure, to the G20 at its Summit in Buenos Aires, the three International Organisations said governments need to adopt a more transformative agenda on low-carbon, climate-resilient investments if they are to meet the Paris Agreement goal of cutting CO2emissions to net zero in the second half of the century and build resilience to climate change.

(more…)

Line up of speakers announced for Workplace Trends: Research Spring Summit

Line up of speakers announced for Workplace Trends: Research Spring Summit

The research-driven Workplace Trends Spring Summit returns for 2019. We have two sessions with invited guest speakers, our keynote and the after lunch debate. Following a recent Call for Abstracts and a blind peer review by our two moderators for the day, Nigel Oseland (Workplace Unlimited) and Mark Eltringham (Workplace Insight), the remaining sessions have now been filled with the highest ranked submissions.

(more…)

The meaning of life, the Black Mirror of Beijing, standing desks not a silver bullet and some other stuff

The meaning of life, the Black Mirror of Beijing, standing desks not a silver bullet and some other stuff

So, what is the meaning of life? According to a study by Pew, the gold standard US based researchers, it’s spending time with family and friends, reading, listening to music and going for a walk in the open air. Work comes somewhere down the list. Just one-third of the survey’s respondents mentioned their career or job as a source of meaning, and only a quarter cite finances or money. This, it turns out, is not too far off Monty Python’s conclusion in their eponymous film:  Try and be nice to people, avoid eating fat, read a good book every now and then, get some walking in, and try and live together in peace and harmony with people of all creeds and nations. That’s that sorted then.

(more…)

Nearly a quarter of London office take up is in financial sector, says CBRE

Nearly a quarter of London office take up is in financial sector, says CBRE

Nearly a quarter of London office take up in financial sector, says CBREDespite political and economic uncertainly and the aftermath of the global monetary crisis in 2008, London remains a leading global financial centre, with nearly a quarter (24 percent) of the capital’s office take-up attributed to banking and finance occupiers over the last ten years. London is by far the most active banking centre in Europe, according to the latest research from global real estate advisor CBRE. According to the report, 1.1 million people were employed in the UK financial services sector in 2017, of which 34 percent were in London. (more…)

Smart spaces and the other top technology trends for 2019

Smart spaces and the other top technology trends for 2019

Technology researcher Gartner has highlighted the top strategic technology trends it believes organisations should be aware of in 2019. Gartner defines a strategic technology trend as one with ‘substantial disruptive potential that is beginning to break out of an emerging state into broader impact and use, or which are rapidly growing trends with a high degree of volatility reaching tipping points over the next five years’. One of the interesting points to note is the inclusion of the physical workplace yet again, as we highlighted in our recent feature on the trends shaping office design.

(more…)

The self-employed live day to day but remain worried about plans for the future, claims study

The self-employed live day to day but remain worried about plans for the future, claims study

Self-employed workers are mostly financially secure and happy in the present, but concerned about the future, a new report by IPSE (the Association of Independent Professionals and the Self-Employed) and Sherpa has found. The report, ‘The Path to Prosperity, claims that although almost three quarters (72 percent) of freelancers are currently enjoying life because of how they are managing their money, 77 per cent are concerned the money they have – or are going to save – will not last. It also found that over half (51 percent) of the self-employed have felt anxious or stressed about their financial situation. This is exacerbated by the lack of tailored money management advice and flexible savings products available for the self-employed.

(more…)

Brexit has already caused banks to move head counts away from UK

Brexit has already caused banks to move head counts away from UK

Brexit has already caused banks to move head counts out of UKA new report published by Information Services Group (ISG) claims that UK banks are already moving headcount out of the UK and building new centres of excellence in other EU countries. The reason it suggests is because Brexit is likely to disrupt the UK and Europe applications development and maintenance (ADM) services markets in the coming months, with the impact felt most notably in the banking, financial services and insurance (BFSI), healthcare and life sciences (HCLS) and manufacturing sectors. However, a September report from Reuters found that so far just 630 jobs in the finance sector have been relocated from the UK.  (more…)

Unskilled and low skilled men most at risk from Brexit

Unskilled and low skilled men most at risk from Brexit

Men with GCSE qualifications or below employed in certain manual occupations are more likely than other groups to work in industries at particular risk from new barriers to trade with the EU after Brexit. Historically, those in this group have struggled to find equally well-paid work elsewhere when job losses have occurred. That is one of the key conclusions from detailed new analysis of trade data carried out by researchers at IFS and funded by the ESRC’s UK in a Changing Europe initiative.

(more…)

Fathers seek more flexible working, but remain concerned about impact on career

Fathers seek more flexible working, but remain concerned about impact on career

As more and more women are staying in the workplace after having children – and often full time – parents are demanding greater access to flexible working, but dads are still being held back by old-fashioned policies and fears that their employer will react negatively to requests to work flexibly, according to two new Workingmums.co.uk surveys.

(more…)

National Work Life Week research reinforces appeal of flexible hours

National Work Life Week research reinforces appeal of flexible hours

National Work Life Week research reinforces appeal of flexible hoursNational Work Life Week (1st – 5th October 2018) starts today with the aim of encouraging companies to think about their employees’ wellbeing and happiness. To mark the week new research asked British workers about the things they most want from their work. The YouGov survey of 2,000 adults, commissioned by the Oxford Open Learning Trust, found that while money is predictably the biggest motivator behind career choice (64 percent), over half of the respondents cited working hours and flexible working as an important factor (55 percent). (more…)

Mid-life report published to help older workers manage their careers

Mid-life report published to help older workers manage their careers

Mid-life MOT report published to help older workers manage their careersLast year John Cridland published his Review of the State Pension age, and one of his recommendations was for a ‘Mid-Life MOT’ for people’s late 50s and early 60s. Now a joint report, ‘Developing the mid-life MOT’, published today by the Centre for Ageing Better, outlines the response by industry to the review’s call for a better way of supporting people in their 40s, 50s and 60s to think about their careers and future lives. The report presents case studies of different approaches to the ‘mid-life MOT’ being tried out by Aviva, Legal and General, The Pensions Advisory Service (TPAS) and Mercer and offers insights to other employers thinking about introducing similar support for their own workers. The report suggests it is important that a mid-life MOT is the start of an engagement process, with participants signposted and encouraged to take up further support. Mid-life MOTs need a clear purpose that is understood by all stakeholders and participants.

(more…)