Search Results for: financial

Sick pay reform should encourage people back into work, government claims

Sick pay reform should encourage people back into work, government claims

by • News, Workplace

A parliamentary committee of MPs has called for a 'long-overdue' boost to statutory sick payA parliamentary committee of MPs has called for a ‘long-overdue’ boost to statutory sick pay (SSP), emphasising the need to strike a delicate balance between workers’ wellbeing and employers’ financial constraints. The Work and Pensions Committee has recommended aligning the SSP rate with the flat rate of Statutory Maternity Pay, a move that they say could significantly improve the financial safety net for workers. (more…)

Republic of Korea to join Horizon Europe programme

Republic of Korea to join Horizon Europe programme

by • Environment, News, Technology

Korea will join the growing group of countries associated to Horizon Europe, the EU research and innovation programmeKorea will join the growing group of countries associated with Horizon Europe, the EU research and innovation programme. Horizon Europe is the biggest EU research and innovation programme ever with a budget of €95.5 billion for the period 2021-27, complemented by the financial contributions from associated countries. It is open to the world, which means that participants from all over the world can participate in nearly all calls. Entities from associated countries have additional opportunities in collaborative projects and are treated on par with the entities of EU Member States regarding the access to funds. (more…)

AI will leave a lot of people with nowhere to go in the job market

AI will leave a lot of people with nowhere to go in the job market

by • AI, News, Technology, Workplace

Non-graduates, 'silver surfers' and those in lower socio-economic brackets will be left behind as AI creates a 'skills glass ceiling'Non-graduates, ‘silver surfers’ and those in lower socio-economic brackets will be left behind as the rise of AI creates a ‘skills glass ceiling’. That’s according to the latest Robert Half Jobs Confidence Index (JCI) – an economic confidence tracker produced in partnership with the Centre for Economics and Business Research (Cebr). The latest iteration of the Robert Half JCI revealed that almost half (45 percent) of the UK workforce is concerned that AI will disrupt their career in the next six to ten years. (more…)

Architecture must transform to meet the climate challenge, say RIBA

Architecture must transform to meet the climate challenge, say RIBA

by • Architecture, Environment, News

The most significant actions the architecture profession can take to help mitigate the worst impacts of climate change, adapt buildings to withstand weather extremes, promote biodiversity and scale up engagement and activismThe Royal Institute of British Architects (RIBA) has launched a new horizon-scanning programme with a set of scans that identify the most pertinent environmental issues facing the built environment over the next ten years. Developed by leading academics, The Environmental Challenge themed horizon scans provide foresight into the most significant actions the architecture profession can take to help mitigate the worst impacts of climate change, adapt buildings to withstand weather extremes, promote biodiversity and scale up engagement and activism. (more…)

Reviving flexible workspaces – a guide to saving failing operations

Reviving flexible workspaces – a guide to saving failing operations

by • Comment, Property

Landlords and operators of flexible workspaces need to ensure that what they offer is meeting customer demands says Calum RussellThe landscape of flexible working has witnessed unprecedented growth, spurred by the evolving needs of businesses in the aftermath of the pandemic. Despite the economic turbulence of 2023, the flexible office market has remained strong in the UK, achieving a record overall occupancy of 83 percent in the same year. As the demand for adaptable and collaborative working environments continues to rise, landlords and operators of flexible workspaces need to ensure that what they offer is meeting customer demands. Given the number of notable operator closures, many landlords are beginning to find themselves at the forefront of decisions about managing and revitalising failing operations. (more…)

Isolated under-40s far less likely to have strong workplace relationships

Isolated under-40s far less likely to have strong workplace relationships

by • News, Wellbeing, Workplace

Workers under 40 are 80 per cent more likely to lack trusted workplace relationships compared to workers over 50,Workers under 40 are 80 per cent less likely to have trusted workplace relationships compared to workers over 50, impacting their mental health, physical wellbeing and productivity, according to a new report from TELUS Health. The TELUS Mental Health Index sets out to explore the mental health of employed people in the United Kingdom, the United States, Canada, Europe, Singapore, New Zealand and Australia. (more…)

‘Fun’, great management and culture are what make a firm a great place to work

‘Fun’, great management and culture are what make a firm a great place to work

by • News, Workplace

Great Place To Work has announced its annual UK’s Best Workplaces list, based on feedback from around 250,000 peopleGreat Place To Work has announced its annual UK’s Best Workplaces list, based on feedback from around 250,000 people. Taking into account culture audits and employees’ perspectives the organisers say they have identified what makes these employers the best. (more…)

Potential of AI is putting a smile on the faces of optimistic CEOs

Potential of AI is putting a smile on the faces of optimistic CEOs

by • AI, Business, News, Technology

CEOs are embracing artificial intelligence (AI) and investing in reskilling their people to ensure they have the capabilities to successfully exploit new technologies. The CEOs of the world’s largest companies are increasingly optimistic about future growth, with 66 percent highly positive about the global outlook over the next three to five years. This is the headline finding of the second annual Arthur D. Little (ADL) CEO Insights Study, which was launched today. The study found that whatever their strategy or sector, global CEOs are increasing their growth investments. Artificial intelligence (AI) is seen as crucial to growth, with 96 percent of CEOs having already deployed AI in some form, although, demonstrating the early stages of its adoption, just 13 percent have a compelling, enterprise-wide AI strategy in place. (more…)

Moody’s latest firm to quit Canary Wharf for smaller offices in London

Moody’s latest firm to quit Canary Wharf for smaller offices in London

by • News, Property

Credit ratings agency Moody’s is relocating its London headquarters from offices in Canary Wharf to a new location in the City of London. This move adds to the trend of financial firms opting to leave the Docklands district. The company will shift to offices at 10 Gresham Street in 2026, coinciding with the expiration of its lease at One Canada Square, the iconic pyramid-topped skyscraper in the heart of the east London estate. A spokesperson for Moody’s confirmed the selection of the new location, emphasizing that the move is subject to closing. (more…)

UK greenhouse gas emissions fall to lowest level since 1879

UK greenhouse gas emissions fall to lowest level since 1879

by • Environment, News

The UK’s greenhouse gas emissions fell by 5.7 percent in 2023 to their lowest level since 1879, according to a new analysis from Carbon Brief.The UK’s greenhouse gas emissions fell by 5.7 percent in 2023 to their lowest level since 1879, according to a new analysis from Carbon Brief. According to the report from the researchers, the last time UK emissions were this low, Queen Victoria was on the throne, Benjamin Disraeli was prime minister, Mosley Street in Newcastle became the first road in the world with electric lighting and 59 people died in the Tay Bridge disaster in Dundee. (more…)

UK and other countries sign international pledge to cut carbon emissions from buildings

UK and other countries sign international pledge to cut carbon emissions from buildings

by • Environment, News

This declaration aims to facilitate a swift, equitable, and effective transition within the sector to lower carbon emissions from buildings.The inaugural Buildings and Climate Global Forum, organised by the French Government and the UN Environment Programme (UNEP) concluded last week.  Representatives from 70 countries adopted the Declaration de Chaillot, a foundational document for international cooperation. This declaration aims to facilitate a swift, equitable, and effective transition within the sector to lower carbon emissions from buildings. (more…)

UNESCO study reveals evidence of regressive stereotypes in LLMs

UNESCO study reveals evidence of regressive stereotypes in LLMs

by • AI, News, Technology, Workplace

To coincide with International Women’s Day, a UNESCO study revealed worrying tendencies in Large Language models (LLM) to produce gender bias, as well as homophobia and racial stereotyping.  Women were described as working in domestic roles far more often than men – four times as often by one model – and were frequently associated with words like “home”, “family” and “children”, while male names were linked to “business”, “executive”, “salary”, and “career”. (more…)

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