Search Results for: skills gap

Almost half of UK employees plan to change jobs within three years

Almost half of UK employees plan to change jobs within three years 0

Nearly half of UK employees plan to change jobsUK employees are among the least loyal in Europe, according to new research by ADP, with nearly half of UK workers (47 percent) planning to change jobs within three years, compared to a third (34 percent) in the rest of Europe. Just 17 percent want to spend the rest of their career in their present organisation, whilst 40 percent of German workers see this as an option. The job market is now becoming more competitive as employees are looking for opportunities outside their home country. However, attitudes towards foreign talent are generally positive with 69 percent of UK employees who don’t see foreign talent as a threat. Even though companies may benefit from a global talent pool, losing local workforce is causing a headache for some countries. Employees in Spain (49 percent), Italy (47 percent), and Poland (39 percent) are particularly concerned about a talent drain to other countries.

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Firms use workplace improvements to invest in their human capital

Firms use workplace improvements to invest in their human capital 0

peopleA survey by CoreNet Global and Cushman & Wakefield claims that 88 percent of EMEA corporate real estate professionals are actively investing in workplace improvements, and 95 percent are addressing workplace technology as part of those upgrades. The results emphasise the importance of human capital, suggesting that factors such as office environment, flexible working and company culture continue to be seen as critical to attracting and retaining talent. The global Talent Agenda Survey, completed by 250 respondents, addresses how occupiers are managing their talent pool against an ever-changing and unpredictable business environment. The survey focused on categories such as the cost of human capital and its value; the key challenges relating to talent access, assembly and retention and the critical role that real estate plays in workplace innovation, efficiency and talent retention.

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Learning needs to be linked to overall business strategies says the CIPD

Learning needs to be linked to overall business strategies says the CIPD

Learning needs to be linked to overall business strategies says the CIPDThe CIPD has warned that Learning and Development (L&D) professionals need to link learning more directly to their organisation’s business strategies. This follows the results of its annual L&D survey which found that by limiting their focus to learner and manager feedback, just 7 per cent of L&D professionals evaluate the impact of their initiatives on the business. This lack of evaluation can contribute to skills gaps being undetected, particularly in the use of new learning technologies such as Gamification. The CIPD is urging L&D professionals to look beyond trainee satisfaction and measure initiatives in terms of how they add value to the organisation and society in general. This latest research follows the publication of a report by Skillsoft last week which revealed that 55 per cent of employers admitted they were more likely to recruit externally to address skills shortages.

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Multi generational workplace could boost economy by £25 billion

mult generational workplaceThe Government has published a new report which describes the challenges faced by the UK’s over 50s in the workplace and sets out ways in which more of them can stay or move into work. The report is the culmination of eight months’ work by a team led by the Government’s ‘ageism tsar’ Ros Altmann and highlights why action is needed based primarily on the twin issues of demographic change and increasing life expectancy. The report, Retain, Retrain, Recruit, recommends action that would help older workers thrive and ensure individuals, industry and the economy can reap the financial and social benefits of a multi generational workplace. The report outlines how businesses could recruit more older workers, retrain existing staff and provide greater flexibility to retain them as well as setting out measures that should be taken to reflect the multi generational workforce in the media and policy making.

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Job automation seen as a key digital challenge in new policy report

Whichever party or coalition forms the next UK Government will face a raft of serious challenges with the emerging digital economy, including making plans for the automation of up to a third of existing jobs. That is the main conclusion of a new report published this week by The House of Lords. Make or Break: The UK’s Digital Future, argues that the next 20 years will present the UK with a range of profound challenges and opportunities and it is incumbent on the Government to address them at the earliest opportunity. As well as imminent and well known  issues such as the need to roll out ultrafast broadband countrywide and the development of skills and digital clusters, the report also highlights the particular issue of what to do about the claim that up to 35 percent of jobs over the next two decades will be automated.

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Over 50s have highest rate of long term unemployment

Over 50s have highest rate of long term unemploymentMore than a million people over 50 have been pushed out of the workplace a new report from The Prince’s Initiative for Mature Enterprise (PRIME) has revealed. Up to 1.5 million people aged 50-69 “involuntarily” left employment over the last eight years due to a combination of redundancy, ill health or “forced” early retirement. Of these, 1.1 million people would be willing to work. Yet if the employment rate of this 50–64 age group matched that of the 35–49 age group, it would boost UK GDP by £88 billion (5.6%). The report: ‘The missing million: illuminating the employment challenges of the over 50s’ was produced by PRIME, now part of Business in the Community, in collaboration with The International Longevity Centre (ILC), the leading think tank on longevity and demographic change. The report explores the employment challenges facing older workers and calls for urgent action from policy makers and employers to ensure that people over 50 remain in the labour market, for example through flexible working and retraining. (more…)

EU Governments urged to maximise the potential of older workers

EU Governments urged to maximise the potential of older workers

The rise in the number of older workers in the UK has been well documented, and the reason is clear, they are a much needed resource. Over the next ten years there are 13.5 million job vacancies which need to be filled, but only seven million young people predicted to join the job market in that time. And the UK is not alone; the EU faces significant skills gaps due to demographic change. But according to a new International Longevity Centre –UK (ILC-UK) report, Working Longer: An EU perspective, supported by Prudential, EU countries urgently need to skill up the older workforce, support more older women in work and address the particular health issues associated with employing older workers. (more…)

CIBSE creates diversity panel to reflect varied workforce

Diversity in the workplace

Efforts to encourage a more inclusive culture within the built environment appear to have moved up a gear. RIBA President Angela Brady has voiced concerns on the “gender inequality that continues to pervade the profession,” and now the Chartered Institution of Building Services Engineering (CIBSE) has launched a Diversity Panel. Formed to encourage diversity in all its forms, whether race, gender, age, sexual orientation or disability, it is made up of CIBSE members who are keen to increase the routes to the profession through educational paths and by promoting a diverse workplace. Commented CIBSE: “The employment and retention of a varied workforce is integral to meet the building services engineering skills gap and to therefore improve building performance.” (more…)

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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Employees aren’t hiding their AI use to cut corners. They’re hiding it because they’re afraid

Employees aren’t hiding their AI use to cut corners. They’re hiding it because they’re afraid

It doesn’t address why employees feel they need to hide AI use in the first place, and it risks making things worse. There’s a double bind facing employees when it comes to artificial intelligence. They’re expected to use it to be more productive, yet judged on how they do so.  Recent Deloitte research found that nearly two-thirds (63 percent) of the UK workforce has now used generative AI, a third of those users do so without their employer’s knowledge, and one in ten have used an AI tool that their employer has banned or would disapprove of. Separate Deloitte figures found show that one in six are even paying for AI tools they use at work out of their own pocket. (more…)

Over-reliance on Gen-AI may weaken moral insights, understanding, and know-how

Over-reliance on Gen-AI may weaken moral insights, understanding, and know-how

Generative artificial intelligence (Gen-AI) has become a routine part of working life but over-reliance on the technology may erode managers’ ability to build moral insights, contextual understanding and know-how to do get a job done, according to a new study from the University of Bath.Generative artificial intelligence (Gen-AI) has become a routine part of working life but over-reliance on the technology may erode managers’ ability to build moral insights, contextual understanding and know-how to do get a job done, according to a new study from the University of Bath. The research, published in the Academy of Management Review, explores how tools such as ChatGPT may affect what academics call “managerial phronesis” – the practical wisdom managers develop through real-world experience, reflection and human interaction. (more…)

Is resilience a personality trait or a flaw in workplace design?

Is resilience a personality trait or a flaw in workplace design?

Resilience is often ascribed to the individual, but are there other ways we could look at the issue, asks Carl LyonsResilience must be one of the most misunderstood issues affecting businesses right now. It’s used whenever people are struggling, and almost always aimed at the individual – be tougher, manage your stress, build a bit more grit. During countless conversations with leaders and teams over the last few years it has been seen that those words do real damage to people who are trying hard to do their best. When tiredness is no longer fixed by a weekend, when feedback lands as a threat, and when change is met with a sigh, it gets recorded under ‘poor personal resilience’, effectively telling people the problem is with them. I don’t think it is. I think we’re looking in the wrong place. (more…)