Search Results for: future of work

Global talent crunch will include UK workforce deficit of nearly 3 million employees by 2030

Global talent crunch will include UK workforce deficit of nearly 3 million employees by 2030

by • News, Workplace

A shortage of skilled employees will continue to impede growth and if not addressed, could have a significant impact on major global economies by 2030, claims a new study. Korn Ferry’s Global Talent Crunch study estimated the gap between future talent supply and demand in 20 major economies at three milestones: 2020, 2025 and 2030, and across three sectors: financial and business services; technology, media and telecommunications (TMT); and manufacturing and found that a talent deficit issue could threaten economies and sectors across Europe. Germany could experience the largest deficit of 4.9 million workers and could lose out on $629.89 billion of annual revenue by 2030 if labour shortages are not addressed – equivalent to 14 percent of its economy.

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Best workplaces in London honoured at the British Council for Offices annual Regional Awards

Best workplaces in London honoured at the British Council for Offices annual Regional Awards

by • News, Property, Workplace design

Five businesses celebrated success last night, with Bloomberg, White Collar Factory, Havas UK, Here East and 10 Lower James Street all recognised as some of the best workplaces in London at the British Council for Offices’ (BCO) regional awards. The BCO’s awards programme claims to recognise the highest quality workplaces and sets the standard for excellence across the regional and national office sectors.

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Business leaders struggling to keep up with demands of individuals and technological developments in the workplace

Business leaders struggling to keep up with demands of individuals and technological developments in the workplace

by • Flexible working, News, Technology, Workplace

Organisations are struggling to keep pace with workplace shifts including skills gaps, the development of artificial intelligence, the demands of employees and new social expectations, according to the latest Human Capital Trends report from Deloitte. In its 2018 edition, The Rise of the Social Enterprise, Deloitte focuses on the growing expectations of individuals and the pace at which technology is shaping organisations’ human capital priorities.

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Seven workplace stories to round off the week

Seven workplace stories to round off the week

by • Features

In fairer societies, fewer women enter STEM fields of work

Sexual harassment at work in the era of #MeToo

The impossibility of focusing on two things at once

Robot cities: three urban prototypes for future living

The results of a 2018 global coworking survey

Late risers at increased risk of early death

WeWork to acquire Chinese coworking firm

A vision of how the facilities management profession can embrace the modern workplace

A vision of how the facilities management profession can embrace the modern workplace

by • Facilities management, News

Following its March announcement of a proposed name change to reflect a greater focus on workplace issues, the British Institute of Facilities Management has published a new report to explore the relationship between FM and a nascent workplace discipline. According to the authors, the purpose of the report is to ‘highlight the opportunities and challenges that workplace presents for FM by exploring the relationship between FM and workplace – and considering how this relationship could change in the future’. While the report acknowledges that facilities managers have always addressed workplace issues as a core element of their role, recent developments in the way people work and the way firms think about their workspace have led to a new emphasis on workplace as a discipline coupled with a sense that its core principles are subject to a number of misunderstandings.

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Combination of factors means UK faces severe workforce crisis by 2025

Combination of factors means UK faces severe workforce crisis by 2025

by • News, Workplace

New projections published in Mercer’s Workforce Monitor predict that a perfect storm of falling net migration driven by Brexit and an ageing population, will lead to a severe shortage in the UK labour market. If these challenges are not met with immediate action by UK employers, they will face significant costs trying to attract workers with the leadership and skills they need to execute their business strategies. Mercer anticipates the UK workforce will increase by just 820,000, or 2.4 percent, by 2025, a significant reduction in recent trends that have seen 9 percent workforce growth in the 10 years to 2015. For the first time in half a century, the overall population will be increasing at a faster rate than the workforce, creating long term structural challenges for the economy.

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Employers should not write off older female workers quite so readily

Employers should not write off older female workers quite so readily

by • News, Wellbeing, Workplace

An ageing population and changes to the default state pension age mean employers need to better prepare for the needs of older women in the workplace, according to a study by Anglia Ruskin University published by the Chartered Institute of Personnel and Development (CIPD). With more and more women aged between 50 and 65 now employed, the research reviewed published literature to look into the experience of those workers and how their needs might change in the future.

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Growing disconnect between pay and workplace effort, claims report

Growing disconnect between pay and workplace effort, claims report

by • Cities, News, Workplace

Exclusive polling undertaken by YouGov for Localis showed exactly half of those surveyed felt they were paid less than they deserved, a third (31 percent) paid roughly the right amount and 7 percent felt overpaid. The polling figures also indicated nearly two thirds (61 percent) of people felt unrewarded for hard work. The findings are contained in a report entitled ‘The Delivery of an Industrial Strategy – Raising prosperity across England’ which examines how strategic authorities, such as Mayoral Combined Authorities and county councils, can take the industrial strategy forward at a local level to raise local prosperity and living standards. (more…)

Seven workplace stories that fired up our synapses this week

Seven workplace stories that fired up our synapses this week

by • Features, Flexible working, Property, Technology, Workplace design

Three myths about the future of work and why they’re not true

Chronic fatigue trial results ‘not robust’, new study says

Coworking is the new normal and the stats that prove it

Is mindfulness just hype?

What makes employees happy?

The workplace is killing people and nobody cares

The office sector is failing to keep up with business growth

Image: The Cluster, Melbourne

Excessive workloads and lack of communication is increasing workplace stress

Excessive workloads and lack of communication is increasing workplace stress

by • Facilities management, News, Technology, Wellbeing, Workplace

UK office workers are under a tremendous amount of stress, and much of it is directly related to the way their work is being managed. That is the conclusion of a report by Workfront, which finds that office workers are becoming frustrated and burned out by poor work tools, processes, and communication. Four out of five office workers confessed that they feel burnt out and 73 percent expect their stress levels at work to increase in the near future. Nearly three quarters (74 percent) admit to feeling unrecognised and un-useful at work. With lack of communication and not knowing what others are working on (37 percent) cited as the number-one pain point across the board for stressed UK workers, it’s clear that businesses need to break down current silos, allowing people to engage more freely with senior staff members and see how their efforts impact the wider team. The study found that poor communication and visibility into work is UK workers’ number-one pain point in terms of work stress. It also reveals that 42 percent of office workers put in more than 6 hours of overtime per week and that 7 out of 10 office workers expect their stress levels at work to increase into the future.

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Schools aren’t doing enough to prepare children for collaborative working life

Schools aren’t doing enough to prepare children for collaborative working life

by • Flexible working, News

schools and working lifeNew research from the organisers of UC EXPO claims that just 44 percent of British people believe that the current school curriculum does enough to provide students with the collaboration skills they need for modern working life. According to the study of 2,000 respondents carried out in February of this year, 70 percent of the UK workforce already believes that collaboration is very important in the work environment. But just over half (51 percent) either never collaborated or collaborated infrequently in school, and 37 percent stated that collaboration wasn’t an important focus of their education.

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New working styles are risking the health and wellbeing of people, claims report

New working styles are risking the health and wellbeing of people, claims report

by • AI, Flexible working, News, Technology, Wellbeing

A new report from the British Safety Council and consultancy Robertson Cooper, explores what it claims is the probable impact of new working practices and technology on people’s physical and mental wellbeing, and what employers, unions and legislators should do to address them. The report, Future risk: Impact of Work on Health, Safety and Wellbeing, argues that the safety, health and wellbeing of older workers will become more important and new risks will arise related to the adoption of artificial intelligence and automation.

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