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Progress stagnates on gender diversity in senior roles at FTSE 350 companies

Progress stagnates on gender diversity in senior roles at FTSE 350 companies

Achieving the government’s target of women making up a third of FTSE 350 board members by 2020 is beginning to look increasingly unlikely,according to executive training organisation The Pipeline’s annual Women Count report. It claims that there has been no progress over the last year in the number of women on executive committees and that 16 companies no longer have any women in ‘profit and loss roles’ which brings the total to 147, while eight companies no longer have any women on the committees at all. Yet the positive value for having greater gender diversity with women in executive positions is unquestionable, according to the authors.

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Artificial intelligence will create more jobs than it displaces, claims new study

Artificial intelligence will create more jobs than it displaces, claims new study

Artificial Intelligence (AI) and related technologies are projected to create as many jobs as they displace in the UK over the next 20 years, according to new analysis by PwC. In absolute terms, around 7 million existing jobs could be displaced, but around 7.2 million could be created, giving the UK a small net jobs boost of around 0.2 million. While the overall net effect of AI on UK jobs may be broadly neutral, this varies significantly across industry sectors. The most positive effect of AI is seen in the health and social work sector, where PwC estimates that employment could increase by nearly 1 million, equivalent to around 20 percent of existing jobs in the sector. On the other hand, PwC estimates the number of jobs in the manufacturing sector could be reduced by around 25 percent, representing a net loss of nearly 700,000 jobs.

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London, Singapore and Seoul are the top smart cities in the world

London, Singapore and Seoul are the top smart cities in the world

London, Singapore and Seoul make up the top three smart cities worldwide, according to new research from the Eden Strategy Institute. The 2018-19 study, in partnership with ONG&ONG Experience Design (OXD), involved 140 smart cities ranked across 10 measures; clarity of vision, leadership, budget, provision of financial incentives, support programmes, talent readiness, a people-centric approach, development of an innovation ecosystem, implementation of ‘smart’ policies and, finally, a track record of previous initiatives and projects. New York and Helsinki rounded off the top five cities, with Montreal, Boston, Melbourne, Barcelona and Shanghai finishing in the top 10.

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Call for action within the built environment to help meet sustainable development goals

Call for action within the built environment to help meet sustainable development goals

Call for action within the built environment to help meet sustainable development goalsBuilt environment organisations are calling for urgent action on issues such as consumption, innovation and infrastructure to prevent the UK slipping behind other nations on poverty, equality and the environment as a new report released today (3 July 2018) highlights the UK’s inadequate performance against the United Nations Sustainable Development Goals (SDGs), including those for the built environment. The report, Measuring up, from the UK Stakeholders for Sustainable Development (UKSSD), is the first comprehensive assessment of the UK’s performance against all 17 SDGs and highlights a significant danger that quality of life in the UK will worsen if action is not taken. Just some of the findings of the report include; that the UK is performing well (green) on only 24 percent of its targets; no industry, innovation and infrastructure targets have achieved a ‘good’ performance rating, with gaps in policy coverage and inadequate or deteriorating performance and large scale, sustained investment in replacing ageing infrastructure and creating additional resilient and low carbon infrastructure of all kinds is required.

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Edinburgh is best UK location for growing technology businesses but office space is becoming scarce

Scotland’s capital city is the best place for tech companies looking to scale up, access funding, and do business in, according to a new Government backed report examining the UK’s tech landscape. Edinburgh tech companies responded with the highest approval rating in the UK when asked to assess how good their city was for ‘doing business’ – a combination of sub factors including access to finance and talent – as part of The Tech Nation 2018 Report – an annual series that captures the strength, depth and breadth of digital tech activity in the UK which employs over one million people. Although 62 percent of Edinburgh’s tech community are satisfied with local access to affordable office space, commercial property firm JLL, who sponsor the report, said one of the main challenges which now faces a burgeoning tech industry in Edinburgh is the room to accommodate continued growth of the sector.

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The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

The self-employed enjoy higher levels of wellbeing and happiness, but work still needed

Policymakers and business leaders must work to improve wellbeing among the self-employed, a new report by the Centre for Research on Self-Employment (CRSE), has said. Instead of exploring self-employed wellbeing through the conventional prism of economic success, the report, The Way to Wellbeing, adopts a new approach. It considers people’s overall life satisfaction, based on their subjective assessments of various aspects of their lives – including jobs, income, health, family life and leisure. The report found that wellbeing was higher among self-employed people by using subjective assessments of different aspects of their lives. This is the first time a major report of its kind has taken a holistic view of wellbeing – looking at jobs, health, family life and leisure – to build an overall picture of life satisfaction, rather than just using a narrow measure of economic success.

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How limiting non-work related web use affects security and productivity

How limiting non-work related web use affects security and productivity

Spiceworks has announced the results of a new survey examining the use of web filtering in the workplace and the implications of restricting certain online behaviours. The results indicate among organisations that don’t restrict non-work related web use, most employees (58 percent) spend at least four hours per week, the equivalent of 26 workdays per year, on websites unrelated to their job. In other words, based on the median U.S. salary of $45,812, these organisations are paying full-time employees approximately $4,500 per year to spend 10 percent of their time consuming non-work-related web content.

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Global employers focus on mobile talent to help support new ways of working

Global employers focus on mobile talent to help support new ways of working

Global employers focus on mobile talent to support future ways of workingThe digital era, ageing populations, skills shortages, and unpredictable political and economic contexts are persuading multinationals to focus more on mobile talent, new ways of working and assessing the cost of expatriate packages for international employees that are critical to the future of work. This is according to Mercer’s 24th annual Cost of Living Survey which reveals that factors such as instability of housing markets and fluctuating inflation, currencies and prices for goods and services, are impacting the cost of doing business in various cities around the world. UK cities have significantly risen in the ranking this year. More →

Three quarters of employees now expect to work beyond age of 65

Three quarters of employees now expect to work beyond age of 65

The proportion of UK employees who say they will work beyond the age of 65 has remained at three-quarters (72 percent) for the second year running, significantly higher than in 2016 (67 percent) and 2015 (61 percent), according to research from Canada Life. Nearly half (47 percent) of those who say they expect to work beyond 65 will be older than 70 before they retire, up from 37 percent in 2017, while almost a fifth (17 percent) expect to be older than 75. Workers aged 35-44 are most likely to say they expect to retire after their 75th birthday (27 percent).

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Successful EFMC event in Sofia sets its sights next on Dublin

Successful EFMC event in Sofia sets its sights next on Dublin

The Sofia Event Center in Sofia (Bulgaria), hosted from 5 to 8 June the 26th Edition of EFMC, the European Congress of Facility Management. The event, held for the first time in the Bulgarian capital, has brought together world experts of the sector and has served as a platform for communication between Facility Managers, suppliers, universities and associations. In the closing ceremony it was announced that EFMC 2019 will be held in Dublin (Ireland) on 13 and 14 June.

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Many fathers are unaware of their parental leave rights

Many fathers are unaware of their parental leave rights

Nearly half (46 percent) of working fathers are unaware they are entitled to take shared parental leave on the arrival of a child, according to new research. The survey, conducted by Aviva, also claims that one in 10 dads (11 percent) took no time off whatsoever when their most recent child arrived. Businesses are therefore being urged to do more to make sure their male staff know their rights, to enable them to spend precious time with their newborn or adopted children. Crucially, the survey of UK parents with dependent children found that 86 percent of fathers would have taken more time off at the arrival of their children, but felt restricted by financial factors and employer constraints.

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World Green Building Council launches Net Zero Carbon Buildings Commitment

World Green Building Council launches Net Zero Carbon Buildings Commitment

The World Green Building Council (WorldGBC) has launched its new Net Zero Carbon Buildings Commitment as part of Building Lasting Change 2018 with WorldGBC Congress Canada in Toronto, and called on market leaders in the sector to join as signatories. The Net Zero Carbon Buildings Commitment challenges businesses and organisations across the world to take advanced climate action by setting ambitious targets to eliminate operational carbon emissions from their building portfolios by 2030 in order to meet the Paris Agreement ambition of below 2 degrees of global warming.

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