Search Results for: opportunities

Even when machines make better decisions than humans, people still override them

Even when machines make better decisions than humans, people still override them

Machines can make better decisions than humans, but humans often struggle to know when the machine’s decision making is actually more accurate and end up overriding the algorithm decisions for worseMachines can make better decisions than humans, but humans often struggle to know when the machine’s decision making is actually more accurate and end up overriding the algorithm decisions for worse, according to new research from academics at ESMT Berlin, This phenomenon is described in the paper as algorithm aversion, and is attributed to an inherent mistrust in machines. More →

People don’t trust artificial intelligence on decision making ability in recruitment

People don’t trust artificial intelligence on decision making ability in recruitment

The vast majority of British workers (88 percent) are happy for artificial intelligence to be used in the recruitment process but draw the line when it comes to human decision makingThe vast majority of British workers (88 percent) are happy for artificial intelligence to be used in the recruitment process but draw the line when it comes to human decision making, according to a new poll from Totaljobs. The survey, which asked 2,002 UK workers about their thoughts on how AI will impact their working lives, found that nearly three-quarters (72 percent) believe that full disclosure of how the technology is used in the hiring process should be mandatory. More →

Resenteeism. Destructive, contagious and in your workplace right now

Resenteeism. Destructive, contagious and in your workplace right now

Don’t ignore it the phenomenon of resenteeism. It can destroy new initiatives, progression and development in a heartbeat. You measure absenteeism. You are aware of presenteeism. But what are you doing about the new kid on the block – resenteeism? This occurs when employees stay in a job despite being fundamentally unhappy. They don’t want to be at work and when they are there, they actively resent it. Increasingly employees are fed up, across varying sectors, and showing some common threads or ‘symptoms’ of resenteeism. One of the most noticeable, and frustrating for employers, is employees resenting being asked to do their job. More →

The circular economy is a great opportunity, but it doesn’t add up yet

The circular economy is a great opportunity, but it doesn’t add up yet

The circular economy offers huge opportunities and is vital for a ‘greener’ future. Currently, it just doesn’t make commercial sense for widespread adoptionThe circular economy, carbon measurement, product material content, rental, ‘take back’, reuse and recycling – all actions for a more environmentally responsible workplace sector. But what are the priorities? Manufacturers and suppliers are arguably challenged by lack of clarity, requirements for significant investment, combined with cost pressures in a heavily subscribed market. More →

Office refurbishments rise to all time high in London

Office refurbishments rise to all time high in London

The volume of all London projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the wayAccording to the latest London Office Crane Survey from Deloitte, London has seen the highest volume of new office refurbishments since records began in 2005, with 37 new schemes covering 3.2 million sq. ft. The volume of all projects including both office refurbishments and new space is up by almost 80 percent, with the West End continuing to lead the way. The report claims that over 10 million sq. ft. is now projected to be delivered during 2023, with this year on track to catch-up after several years of disruption. More →

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

Surge in employee turnover suggest that the ‘Great Resignation’ is still with us

A new report claims that the level of job turnover suggests that the so-called Great Resignation may be far from overOver the past year, 55 percent of working adults have either started a new job or are looking for one, according to a report [registration] published by insurance firm YuLife. The poll  suggests that a further 35 percent of working adults say it is likely they will consider changing jobs within the next year.  The report claims that these findings suggest that the so-called Great Resignation may be far from over. The report also claims that high levels of stress characterize the modern workplace, and businesses which proactively address employees’ concerns around stress and invest in their wellbeing benefit from reduced churn and turnover. More →

Three quarters of firms have now mandated some form of ‘return to office’

Three quarters of firms have now mandated some form of ‘return to office’

A new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based workA new poll from Unispace claims that around 72 percent of companies globally have now mandated a return to office based work. However, many respondents also report losing key employees due to mandates, with recruitment also being impacted by enforced returns. The report concludes that companies are failing to recognise the drivers of workers’ reluctance to return to the workplace, and likewise, the opportunities and value that the physical workplace provides. More →

Getting back to the future of work

Getting back to the future of work

future of workQuoting George Orwell is the kind of thing that people who haven’t read George Orwell do. I have read Orwell, and even have a  drunken story about Paul Shane signing my copy of the Collected Essays, which was the only autograph-able material I had on me at the time I met him in a pub in about 1990. For another time. In Nineteen Eighty-Four, Orwell describes Winston Smith’s realisation that the best books are those that tell you what you already know. This is an ancient profundity, and one that is sort of useful during times of significant, rapid change, when we are obliged to confront old truths in a new context. History doesn’t repeat itself, it rhymes, as they say. More →

Hybrid working is a potential deal breaker for two thirds of tech workers

Hybrid working is a potential deal breaker for two thirds of tech workers

The report claims that a flexible working policy is considered a high priority by 78 percent of tech employees and a hybrid working policy by 67 percent of tech employeesA new report claims that 7 in 10 UK tech workers now consider hybrid working a key factor when considering a future employer. That is according to The Scaleup Culture Report [registration] from Techspace, based on a YouGov survey of 1,000 tech workers. The report claims that a flexible working policy is considered a high priority by 78 percent of tech employees and a hybrid working policy by 67 percent of tech employees. Other important factors include flexible working policies and opportunities for career development. These statistics have exposed a new factor that will determine startups’ competitiveness in the job market. More →

Magenta Associates reports positive first quarter to 2023

Magenta Associates reports positive first quarter to 2023

Magenta Associates, the communications specialist for the built environment, has reported significant growth in 2022/23 (20 percent) and 2021/22 (32 percent), along with a series of new architecture, design and construction contract winsMagenta Associates, the communications specialist for the built environment, has reported significant growth in 2022/23 (20 percent) and 2021/22 (32 percent), along with a series of new architecture, design and construction contract wins, and several of its existing clients confirming that they will invest in new service areas of the business.  In 2022, the Brighton based firm launched its new dedicated B2E (business to employee) comms division in light of research it commissioned which revealed a gap in the market, particularly for FM firms, many of which are struggling to unite dispersed teams in the era of hybrid working and talent shortages. In the first quarter of 2023, an increasing number of clients have turned to Magenta for support in this area. More →

Majority of employees see themselves as cogs in corporate machinery

Majority of employees see themselves as cogs in corporate machinery

A significant majority (85 percent) of employees feel like they are just a cog in the machinery of their organisation and 43 percent have no idea how their performance contributes to business success, according to a new survey of employee experience and expectations. According to the new study [registration] from Oracle, HR leaders are struggling to keep up with changing employee expectations and this can have dire consequences for businesses. The survey of 1,000 employees and HR leaders across the United Kingdom (UK) found that despite current economic uncertainty, worker expectations are higher than ever, and HR leaders need help to get the employee experience right or risk losing profits and market share. More →

Chance plays a huge role in career success, report confirms

Chance plays a huge role in career success, report confirms

If you've ever thought that the success or otherwise of a career is a little or largely dependent on getting the right breaks at the right time, new research from academics in the UK and France may confirm itIf you’ve ever thought that the success or otherwise of a career is a little or largely dependent on getting the right breaks at the right time, new research from academics in the UK and France may confirm it. The study examines the role of chance events, whether positive or negative, on managers’ career success across Europe. While positive chance events typically have a positive impact on careers, 71 percent of those having experienced a negative chance event report nevertheless a positive impact on their careers. More →