Search Results for: financial

October 15, 2018

Wearables and apps to help you stay organised and keep track of your time

by Neil Franklin • Company news, Products, Technology

Technology in the workplace is both a blessing and a curse. Workplace Insight recently published an article about tech multi-tasking and how switching through different platforms takes away ones focus. Employees need to stay updated through digital means all the time but staying connected to the cloud also means being susceptible to various distractions. However, technology usage just takes a little bit of refinement to increase productivity and various wearables, devices and mobile apps are the way to do that.

October 15, 2018

Review of progress on diversity in boardrooms shows that there is much to do

by Neil Franklin • News

Business leaders have been urged by Sir John Parker to step up their work on ethnic and cultural diversity at the top of business. The call to action comes as the Parker Review Committee, led by Sir John Parker, publishes its first annual update to track the progress made against the recommendations in its Final Report, published in October 2017. The Final Report urged business leaders to improve the ethnic and cultural diversity of UK Boards to better reflect their employee base and the communities they serve. It set out achievable objectives and timescales to encourage greater diversity.

October 12, 2018

Some regions are better prepared for the rise of automation than others

by Neil Franklin • Cities, News, Technology

Concerted action is needed from national and local politicians, businesses and education providers to improve educational opportunities in all cities, from early years to schools and adult learning. This is according to a major report from the think tank Centre for Cities. It examines how automation and globalisation are transforming the skills needed to thrive in the workplace, and the extent to which people in English cities are gaining these skills. The report claimsthat interpersonal and analytical skills – such as negotiation and critical thinking – are increasingly important for current and future workers, as manual and physical jobs are particularly under threat from automation and globalisation.

October 11, 2018

Latest technology would improve productivity of office workers

by Sara Bean • Facilities management, News, Technology, Workplace

In spite of all the evidence and their own experiences, over half (55 percent) of office workers believe access to the latest workplace technology would make them more productive; 43 percent said this would make them feel more valued, while 38 percent said it would motivate them to work harder. This is according to research for the report, The Hidden Value of Workplace Technology, conducted on behalf of Econocom by survey consultant Censuswide. The research found that workplace tech is important not just for companies looking to retain existing staff, but also to recruit new members. More →

October 10, 2018

Long waits for mental health treatment lead to life changing problems, RCPsych study finds

by Neil Franklin • News

A quarter of people (24 percent) with a diagnosed mental health condition reported waiting more than three months to see an NHS mental health specialist, a poll for the Royal College of Psychiatrists (RCPsych) has found. Some (6 percent) say they waited more than a year to see an NHS mental health specialist – one man interviewed following the poll said he waited 13 years to get the help he needed. Where respondents’ mental health got worse, these waits led to relationship problems including divorce (36 percent), financial troubles (32 percent) and work problems including job loss (34 percent).

October 10, 2018

Third of working parents worry about their children’s mental health

by Sara Bean • News, Wellbeing, Workplace

Today is World Mental Health Day and new research from Bupa has found that concerns over mental health is not confined to adults, as a third of employees say they worry about their children’s mental health while at work. The research, conducted among working parents of 4-18 year olds reveals that children’s mental health is among parents’ greatest concerns, on par with physical health and academic performance. The only concern that ranks higher is future financial prospects. More →

October 9, 2018

Employers struggling to attract skills needed for digitalised workplace

by Sara Bean • AI, News, Technology, Workplace

More than half of CEOs (53 percent) admit they can’t find candidates with the necessary skills to help them navigate an increasingly digitalised business landscape a new survey from Robert Half has claimed. These include data analysis and digital skills, as well as softer skills such as resilience, adaptability to change and critical thinking. This means that nearly five million UK SMEs, the equivalent to four out of every five (82 percent) small and medium-sized companies, are struggling to attract the skills they need. As a result, many are being forced to offer salary packages higher than originally expected to recruit the right talent. More →

October 8, 2018

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

by Sara Bean • News, Technology, Workplace

A 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 →

September 27, 2018

With six months to go before Brexit, only 630 finance jobs have left UK, claims Reuters

by Neil Franklin • News

As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European Union, according to a new Reuters survey. Many bankers and politicians predicted after the June 2016 referendum that leaving the EU would prompt a mass exodus of jobs and business and deal a crippling blow to London’s position in global finance.

September 25, 2018

Around half of workers expect to have multiple careers throughout their working life

by Mark Eltringham • Flexible working, News, Workplace

Just under half of UK workers (46 percent) expect to have multiple careers throughout their working life, as opposed to one structured and lifelong career, according to a new report from employee benefits firm Unum and researcher The Future Laboratory. The Future Workforce (registration required) sets out to examine the motivations and priorities of UK workers, to understand how the nation’s workforce will change over the next decade. Insights were drawn from a survey of more than 3,000 UK workers, as well as from interviews with a range of industry experts and business leaders.

September 21, 2018

When workplace strategy builds bridges between people and place

by Chris Kane • Features, Technology, Workplace, Workplace design

The world of work is changing rapidly and profoundly in a way that we haven’t seen since the time of the industrial revolution. Yet even as we stand at a momentous, game-changing inflexion point, the 21st century workplace strategy sector is still dithering about whether to join in the revolution. They are like the industrial mill owners of 19th century England who adopted a ‘make do and mend’ approach to business and failed to invest in new technology only to be forced out of business by foreign competitors who had invested in radical new, state of the art technology.Today the technological game changer is digital technology rather than weaving technology, but the effect is the same. Unless the workplace strategy sector embraces change and builds bridges between the ‘people’ side of the business and the ‘place’ side with other workplace specialists, their industry will become as dead as a dodo.

September 18, 2018

Half of all workplace tasks will be performed by machines within seven years

by Neil Franklin • News, Technology

The world is going through a workplace revolution that will bring a seismic shift in the way humans work alongside machines and algorithms, according to new research by the World Economic Forum. By 2025 more than half of all current workplace tasks will be performed by machines as opposed to 29 percent today. Such a transformation will have a profound effect on the global labour force, however in terms of overall numbers of new jobs the outlook is positive, with 133 million new jobs expected to be created by 2022 compared to 75 million that will be displaced. The research, published in The Future of Jobs 2018, is an attempt to understand the potential of new technologies to disrupt and create jobs. It is also seeks to provide guidance on how to improve the quality and productivity of the current work being done by humans and how to prepare people for emerging roles.