Search Results for: labour market

Will an upturn spark a revival of interest in the idea of employer branding?

Employer brandingYou may recall that a few years ago there was a voguish interest in the idea of employer branding. This is the kind of thing that has always gone on but can always be defined and popularised,  in this case following the publication of a book on the subject in 2005. By 2008 Jackie Orme, the head of the Chartered Institute of Personnel and Development, was calling it ‘an integral part of business strategy’. Still, it appears to have dropped off the radar a bit over the last few years, a fact we might put down to the effect of the recession. Firms certainly seem to have their mind on other things. Research published last year by PriceWaterhouseCoopers showed that  in 2009, 54 per cent of businesses said they placed a special focus on retaining talent. By 2012 that had dropped to 36 per cent.

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Employers managing multigenerations of staff “in the dark”

GRiD age research

The  latest example from a plethora of surveys is published today to add more fuel to the suspicion that “Generation Y NOT ME?” either needs slapping down or is being grossly misrepresented. “The Workplace Revolution”, by recruiter Adecco Group reports that half of those aged 34 and under – Generation Y – (47 per cent) want a promotion every two years, compared to just a fifth (22 per cent) of UK workers as a whole. But the report also warns that employers that fail to engage, motivate and retain their best employees across all ages risk damaging productivity and competitiveness.

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What gets measured in the workplace, gets managed

MeasureAre we finally seeing the first signs of the end of the downturn?  Earlier this week the Government announced that UK unemployment had fallen. While I know there have been quibbles about what this all meant, other data from specific market sectors backs up the idea that we may be seeing some tentative causes for hope.  One of the most heartening was last week’s survey from Randstad which reported growing levels of optimism among financial services firms about their prospects and the fact that the majority would be increasing headcount this year.

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UK employment rises but pay rates are squeezed

pay squeeze

The UK employment rate is now higher than in the United States and is well above that in the Eurozone. However, pay levels remain low, with basic pay inflation now at just 1.3 per cent. According to the latest figures from the Office for National Statistics long-term unemployment fell by 15,000 this quarter to its lowest level for nearly a year. Nigel Meager, Director at the Institute for Employment Studies, commented: “The UK stands in contrast to developments in the Eurozone, where employment and unemployment figures are continuing to deteriorate.” More →

Flexible working bolstering employment growth in UK

Jobs

Employment will continue to grow in the first quarter of 2013, despite stalled economic growth. According to the latest Chartered Institute of Personnel and Development (CIPD)/SuccessFactors Labour Market Outlook the proportion of employers that intend to increase total staffing levels remains positive for the first quarter of 2013. Gerwyn Davies, Labour Market Adviser at the CIPD, said: “While muted pay growth is playing a part, we also see continued evidence that employers are reluctant to lay-off skilled workers.” He added: “Some employers are clearly using flexible working and reduced hours to adapt to trading conditions.” More →

Cabinet for Core Cities looks to reshape the English economy

A newly formed Cabinet of Core Cities met for the first time in Liverpool on Friday, seeking to reshape England and call on the Government to work with it to maximise the economic potential of the regions by creating a more balanced economic structure for the country and develop policies that would create jobs and investment. The cities represent the urban centres of Manchester, Nottingham, Newcastle, Birmingham, Leeds, Liverpool, Bristol and Sheffield.

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Striking the delicate balance of AI regulation and innovation

Striking the delicate balance of AI regulation and innovation

As AI continues to advance, navigating the balance between regulation and innovation will have a huge impact on how successful the technology can beAs AI continues to advance, navigating the balance between regulation and innovation will have a huge impact on how successful the technology can be. The EU AI Act came into force this summer, which is a move in the right direction towards classifying AI risk. At the same time, the Labour government has set out its intention to focus on the role of technology and innovation as key drivers for the UK economy. For example, planning to create a Regulatory Innovation Office that will support regulators to update existing regulation more quickly, as technology advances. More →

Shortage of high-quality data threatens the AI ‘boom’

Shortage of high-quality data threatens the AI ‘boom’

A number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threaten the AI ‘boom’, according to a new white paper from the Open Data InstituteA number of fundamental issues, including a shortage of high-quality data with which to ‘train’ the technology is threatening the AI ‘boom’, according to a new white paper from the Open Data Institute. The paper Building a better future with data and AI is based on research carried out by the Institute in the first half of 2024. It claims to identify significant weaknesses in the UK’s technological infrastructure that threaten the predicted potential gains – for people, society, and the economy – from the surge of interest in artificial intelligence and its applications. It also outlines the ODI’s recommendations for creating diverse, fair data-centric AI. More →

Most people feel disengaged from their work, but managers can still make all the difference

Most people feel disengaged from their work, but managers can still make all the difference

The percentage of employees who feel an engagement with their work is at a record high. But, the majority of employees are still not engagedEmployee engagement worldwide has remained steady according to  the latest edition of Gallup’s State of the Global Workplace report. The good news, according to the authors, is that the percentage of engaged employees – those enthusiastic about their work – held at a record high of 23 percent from 2022. However, the bad news is that the majority of employees are still not engaged (62 percent) and just show up to do the minimum, while a significant number (15 percent) are actively disengaged, meaning they dislike their jobs and managers and are looking to leave. More →

Forget Cannes. Commercial property sector hits the North to great effect

Forget Cannes. Commercial property sector hits the North to great effect

Away from London and Cannes, the commercial property sector is holding meaningful forward looking conversationsAn hour or two on the train from that part of the UK that gets talked about most and much better optics for local authorities to chase private investment than the South of France, little wonder the UK’s Real Estate Investment and Infrastructure Forum (UK REiiF) proved so popular this year. Over 13,000 attendees descended on Leeds for three days in May this year, a figure all the more remarkable when considering the event only started in 2022 with nearly 4000 attendees, which it nearly doubled the following year. Back to 2024 then and housing was a strong focus but that’s not to say some interesting stories from the commercial property sector didn’t also arise. More →

Some questions about AI, a world drowning in content and the human centipede of creativity

Some questions about AI, a world drowning in content and the human centipede of creativity

 

We still don't even know what questions to ask about AI, so the idea we can provide answers is a bit premature

One unintended but welcome result of the new fixation with AI is that many of the people who became experts on the workplace in 2020 are now experts on AI. You’ll find them on social media and they’ll have written a book about it by May to sit on the shelf alongside the one about hybrid working and The Great Resignation. So, if you want some certainty about where generative AI taking us, go talk to one of them because people who know about the subject seem to have little or no idea or raise even more questions. More →

People don’t hear back from half of the jobs for which they apply

People don’t hear back from half of the jobs for which they apply

British job seekers don’t hear back from almost half (45 percent) of the jobs they apply for, according to a new poll from Indeed. According to ONS data, there are 916,000 job vacancies in the UK, but with frustrations around the hiring process, these aren’t set to be filled quickly or effectively. The survey of 1,000 working people and 1,000 hiring professionals in the UK shows that the hiring process is inefficient for both job seekers and businesses, delaying the right candidate being matched with the right role. More →