Search Results for: pay ratio

Regional inequalities in the quality of work continue to widen, new report claims

Regional inequalities in the quality of work continue to widen, new report claims

A new report from the Institute for the Future of Work (IFOW) shows that while employment levels across the UK remain high, the quality of work available to people varies sharply depending on where they liveA new report from the Institute for the Future of Work (IFOW) shows that while employment levels across the UK remain high, the quality of work available to people varies sharply depending on where they live. The 2025 edition of the Good Work Time Series suggests that regional inequalities in job quality are widening. Although people are in work, they are not necessarily in good work, with the study highlighting issues such as low autonomy, poor pay, unsocial hours and limited opportunities for development in many parts of the country. (more…)

Cities must embrace the radical retrofit of buildings to meet future challenges

Cities must embrace the radical retrofit of buildings to meet future challenges

The Radical Retrofit report by Economist Impact, supported by JLL, argues that making cities more sustainable and resilient will depend on retrofits that improve safety, health and accessibility, while also driving economic valueAs cities continue to grow, the pressure on infrastructure, resources and the environment is intensifying. A new global study warns that urban centres must move beyond new construction and reimagine the buildings they already have. Retrofitting – enhancing and upgrading existing structures -is emerging as a key strategy to cut emissions, improve energy performance and boost urban liveability. The Radical Retrofit report by Economist Impact, supported by JLL, argues that making cities more sustainable and resilient will depend on retrofits that improve safety, health and accessibility, while also driving economic value. Though still in its early stages, the movement is gaining traction across global cities such as Singapore, New York, Paris and Dubai. Yet the pace must accelerate dramatically from today’s retrofit rate of 1 percent per year to at least 3 percent to align with net-zero goals. (more…)

How BPO enables business flexibility in rapidly changing global markets

How BPO enables business flexibility in rapidly changing global markets

What was once viewed as a cost-cutting tool, BPO has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods.Global markets are changing at an unprecedented rate due to economic uncertainty, shifting consumer behavior, and technological breakthroughs. Businesses must be agile and able to adapt to market changes. This is where Business Process Outsourcing (BPO) comes in. What was once viewed as a cost-cutting tool has evolved into a strategic advantage, providing businesses with the flexibility they require to remain competitive and resilient during volatile periods. (more…)

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employeesA new study by the US-based National Bureau of Economic Research has cast doubt on the immediate transformative impact of artificial intelligence in the workplace, finding that the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employees. The working paper [restricted access], authored by economists Anders Humlum and Emilie Vestergaard, used detailed Danish employment data to assess the real-world effects of AI adoption across 7,000 workplaces and 25,000 workers, focusing on white-collar roles most susceptible to automation—such as accountants, IT support staff, journalists, HR professionals, and software developers. (more…)

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

Nearly two thirds of Europe’s workers say they experience Impostor Syndrome 

A new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional developmentA new survey by AI-based career tool Kickresume claims that impostor syndrome remains a widespread issue across European workplaces, affecting both personal wellbeing and professional development. The study, which surveyed nearly 2,000 people, revealed that 63 percent of workers in Europe have experienced impostor syndrome at some point. More than half—56 percent—said they had turned down or missed out on opportunities as a result of these feelings of self-doubt. (more…)

Thousands of civil service jobs to relocate away from London

Thousands of civil service jobs to relocate away from London

The UK government has unveiled a significant restructuring of the public sector, aiming to relocate 12,000 civil service jobs from LondonThe UK government has unveiled a significant restructuring of the public sector, aiming to relocate 12,000 civil service jobs from London to regional hubs across the country. This initiative is part of a broader effort to decentralise government operations, enhance efficiency, and bring decision-making closer to communities. As part of this plan, eleven government offices in London are slated for closure, including prominent sites such as the Ministry of Justice in Victoria, the Department of Health and Social Care, and the Department for Work and Pensions at Caxton House. The consolidation is projected to save £94 million annually in property costs by 2032. (more…)

Is anyone really thinking about the future beyond what happens next?

Is anyone really thinking about the future beyond what happens next?

I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the futureThe conversations around AI at the moment are interesting. Academic. Thought-provoking. Posts on LinkedIn discuss job changes and what the future may look like in theoretical terms. The words ‘streamlined’ and ‘automated’ litter the chats between Executives and CEOs. But that seems to be where consideration ends. We are talking about the future, but the very near future. I am invited to discussions about AI impacts which focus on the coming weeks and months, but it begs the question, who is thinking about the future? (more…)

Far from lightening the load, could AI lead to burnout?

Far from lightening the load, could AI lead to burnout?

The idea of AI being able to lift some of the daily administrative burden off employees is appealing and it’s certainly a large part of the sales pitch of AI tech suppliers. But will it work?When speaking to leaders about the integration of AI into their businesses, one positive repeated to me in every conversation is ‘AI will lighten the load’. Workplace wellbeing is a recognised priority, with most businesses and organisations seeking to minimise stress and burnout and, ultimately, reduce costly sickness absence. The idea of AI being able to lift some of the daily administrative burden off employees is appealing and it’s certainly a large part of the sales pitch of AI tech suppliers. But will it work? (more…)

Only half of Europeans say they work in psychologically healthy workplaces

Only half of Europeans say they work in psychologically healthy workplaces

Only a little over half of employees across Europe believe they work in psychologically healthy workplaces, according to a new pollOnly a little over half of employees across Europe believe they work in psychologically healthy workplaces, according to a new poll from Great Place To Work [registration]. The research, which surveyed nearly 25,000 employees across 19 countries, highlights significant disparities between industries and regions, with the UK falling slightly below the European average. The authors argue that, while many organisations have recognised the importance of fostering mentally healthy workplaces, the survey suggests that progress remains slow. (more…)

UK Government grants Crown Estate new investment powers to drive growth

UK Government grants Crown Estate new investment powers to drive growth

New powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologiesThe UK government has introduced a new bill to update the Crown Estate Act of 1961 which will grant the Crown Estate new investment powers. Officials claim this will stimulate economic growth and increase returns for taxpayers. According to the government, these new powers enable the Crown Estate to invest up to £1.5 billion over the next 15 years in sectors such as clean energy, infrastructure, and digital technologies. (more…)

Will AI really lighten the load to reduce burnout and improve our wellbeing?

Will AI really lighten the load to reduce burnout and improve our wellbeing?

The idea of AI being able to lift some of the daily administrative burden off employees is appealing as a measure against burnout. But will it work?When speaking to leaders about the integration of AI into their businesses, one positive repeated to me in every conversation is ‘AI will lighten the load’. Workplace wellbeing is a recognised priority, with most businesses and organisations seeking to minimise stress and burnout and, ultimately, reduce costly sickness absence. The idea of AI being able to lift some of the daily administrative burden off employees is appealing and it’s certainly a large part of the sales pitch of AI tech suppliers. But will it work? (more…)

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

The government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hoursThe government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hours, in a move aimed at easing the burden of Labour’s employment reforms on businesses. The policy was a key element of Sir Keir Starmer’s pledge to establish a “new deal for working people.” Although it was not included in the Employment Rights Bill currently passing through Parliament, ministers had previously committed to implementing a right to switch off in the future. (more…)