Search Results for: professionals

There will be a near universal adoption of generative AI in businesses, say bosses

There will be a near universal adoption of generative AI in businesses, say bosses

by • AI, News, Technology

An overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 monthsAn overwhelming majority (91 percent) of executives say that their companies are now using generative AI or are planning to do so within the next 18 months, according to a new poll from Thomson Reuters. The Thomson Reuters Future of Professionals C-Suite Survey reported on responses from 148 C-Suite leaders (CFOs, CEOs etc) from the United States, United Kingdom and Canada. The survey suggests that use of AI across businesses is becoming ubiquitous as leaders start to recognize the true potential of the technology, such as in developing new products and driving operational efficiency. (more…)

New academic research identifies the four emotional stages of your career. Spoiler – it ends in disillusion

New academic research identifies the four emotional stages of your career. Spoiler – it ends in disillusion

by • News, Wellbeing, Workplace

The study of UK legal professionals showed they progressed from excitement and anticipation at the start of their career, followed by fear and anxiety as they pursue promotion, to pride and joy at having secured a senior post, and finally experiencing disillusionment and disappointment at the lack of further changeLawyers progress through four distinct emotional stages in their fight to get to the top and secure a coveted partnership role, according to new research from the University of Bath’s School of Management. The study of UK legal professionals showed they progressed from excitement and anticipation at the start of their career, followed by fear and anxiety as they pursue promotion, to pride and joy at having secured a senior post, and finally experiencing disillusionment and disappointment at the lack of further change. (more…)

People are worried about the impact of new tech, but many feel confident it will benefit them

People are worried about the impact of new tech, but many feel confident it will benefit them

by • AI, News, Technology

With over a third (36 percent) of workers concerned about the impact of technological changes and what this might mean for them, a new report from Virgin Media O2 Business claims that many people believe new tech will offer them a better work-life balance. According to the report, the pandemic accelerated remote and hybrid work, mostly benefitting desk-based workers. Meanwhile, deskless workers like teachers, nurses and engineers saw limited long-term change despite many organisations comprising both types of workers. (more…)

Flexible workspace market will be worth up to $50bn by end of decade

Flexible workspace market will be worth up to $50bn by end of decade

by • Flexible working, News, Property

The worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environmentsAccording to a new market intelligence report, the worldwide flexible workspace market could exceed between 35 and 50 billion US dollars by 2030, reflecting the growing demand for flexible and agile work environments. The report claims that the escalating demand for flexible workspaces is on the rise, propelled by a heightened desire for convenience and comfort in prime locations such as offices and auditoriums. (more…)

Most business leaders think generative AI will be a boon for employees

Most business leaders think generative AI will be a boon for employees

by • AI, News, Technology, Workplace

Four out of five (81 percent) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedInFour out of five (81 percent) business leaders in the UK say Generative AI will benefit their employees, according to new research from LinkedIn. The top ways that UK executives believe Generative AI will benefit employees is by removing boring, repetitive tasks (64 percent), increasing productivity (52 percent) and freeing up time for bigger and more creative thinking (59 percent), according to the poll. One in three (31 percent) also believe that the rise of Generative AI will create brand new roles at their organisation. (more…)

Want people to spend more time in the office? Give them a little piece of home

Want people to spend more time in the office? Give them a little piece of home

by • Comment, Workplace design

For many people, a large portion of the day is spent at the workplace. In fact, the average person will spend 90,000 hours at work over a lifetime. The Covid-19 pandemic saw the typical ‘workplace’ setting change for many people, after businesses around the globe were forced to adjust to a ‘work-from-home’ model. Now, three years later, we are starting to see more employees return to the office, with large corporations including JPMorgan, Chase, Apple and Google all announcing plans to bring their workers back to base. (more…)

Squirrel! Distraction costing the UK economy nearly £20 billion a year

Squirrel! Distraction costing the UK economy nearly £20 billion a year

by • Business, News

Scrolling on social media, checking messages, daydreaming and other forms of distraction are costing the UK economy £19.9 billion each yearScrolling on social media, checking messages, daydreaming and other forms of distraction are costing the UK economy £19.9 billion each year, new research from The QEII Centre claims. The report The Distracted Economy: We are losing focus – how to hold attention and keep delegates engaged during business meetings and events was commissioned by the London conference and events venue. It suggests that 83 percent of people admit to being distracted during in-person meetings while the number rises to 85 percent during online meetings. (more…)

Inadequate provision for menopause and menstrual health driving women away from jobs

Inadequate provision for menopause and menstrual health driving women away from jobs

by • News, Wellbeing, Workplace

The workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptomsThe workforce could lose millions of female employees unless more is done by employers to support women with menopausal and menstrual health symptoms, according to a new poll from workplace health provider Simplyhealth.? The research suggests almost a quarter (23 percent) of women have considered quitting due to the impact of menopause or menstrual symptoms at work, and over one in ten (14 percent) are actively planning to quit. (more…)

Workspace Design Show announces first names for speaker programme at 2024 London event

Workspace Design Show announces first names for speaker programme at 2024 London event

by • Company news, Workplace design

Workspace Design Show is pleased to announce the first names to be added to the speaker programme for its London 2024 showFollowing on from successful shows in both the UK and the Netherlands this year, Workspace Design Show is pleased to announce the first names to be added to the speaker programme for its London 2024 show. Held from 27-28 February 2024 at the Business Design Centre, Islington, the event will feature an impressive mix of senior professionals from architects and designers to developers and end users, who will come together to discuss the most pressing issues facing the workplace design community now and into the future. (more…)

Working parents yearn for more flexibility in their jobs

Working parents yearn for more flexibility in their jobs

by • Flexible working, News, Wellbeing

over three quarters (77 percent) of working parents remain passionate about their job, but in a bid to establish more flexibility in their working lives, nearly 9 in 10 (88 percent) would be interested in more part time or flexible opportunitiesResearch commissioned by the Department for Education’s Teach in Further Education campaign claims to set out the top three factors working parents consider when looking for a job. Work life balance came out on top (70 percent), while flexible working hours (43 percent) and a job where they can use their existing skills (26 percent) also ranked highly. (more…)

Hybrid working and technology are key drivers of change for organisations, claims report

Hybrid working and technology are key drivers of change for organisations, claims report

by • News, Wellbeing, Workplace

A new CIPD report says that technology and hybrid working have had a significant impact on people professionals and organisationsThe latest findings from the CIPD’s People Profession 2023: UK and Ireland survey report, which surveyed 1,456 HR and workplace professionals across the UK, show that technology and hybrid working have had a significant impact on their roles and organisations. The report found that rapidly evolving technology, like generative AI, is having an impact on people teams as well as the wider business. Over half of UK people professionals, 55 percent, surveyed believe that advancing technology is transforming the way HR teams operate and deliver in their role.

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Workplace wellness and eye health deemed essential for millennials and Gen-Z workers

Workplace wellness and eye health deemed essential for millennials and Gen-Z workers

by • Company news

Generation Z and millennials make up a huge part of the workforce and are only continuing to grow, and with this increase, more is being asked from the workplaces that employ them. Workplace wellness is becoming increasingly essential, especially as employee well-being decreases and affects trust in employers’ efforts. With significant economic woes and work setup changes affecting professional life, 64 percent of the UK workforce would say their overall well-being is low. As such, Gen-Z and millennial workers are demanding a greater focus on workplace wellness initiatives. (more…)

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