Search Results for: skills gap

Business leaders struggling to navigate rapid change, report claims

Business leaders struggling to navigate rapid change, report claims

by • News, Technology, Wellbeing

Amidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challengesAmidst volatile markets and the rapid technological transformation taking place with AI, business leaders are at an inflection point as they attempt to navigate both new and existing challenges – and it’s taking a toll on executive tenure. According to a new survey conducted by LHH, a talent advisory and solutions company, executives across various industries and countries are grappling with formidable challenges, with technological advancements taking centre stage in their concerns. The survey, titled View from the C-Suite: Bridging the executive gap, reveals some of the key insights and recommendations for senior executives as they begin 2024. More →

Many employers don’t think GenZ are well prepared for the workplace

Many employers don’t think GenZ are well prepared for the workplace

by • News

A new poll from WorkL claims that half of employers believe that Gen Z is not entering the workplace well-equipped with the skills and knowledge neededA new poll from WorkL claims that half of employers believe that Generation Z is not entering the workplace well-equipped with the skills and knowledge needed for their roles. The annual WorkL Global Workforce Report 2024 suggests that mentoring initiatives are being implemented by employers to support Gen Z, with four in ten employers taking the step. Having been significantly impacted by the global pandemic and the shift in traditional working practices, WorkL has seen a falling engagement score for the youngest demographic over the last 12 months; decreasing from 71 percent in 2021 down to just 67 percent in 2023, a concerning four percentage point decrease and the lowest score out of all age groups. More →

Flexible working is delivering the gift of seasonal productivity

Flexible working is delivering the gift of seasonal productivity

by • Comment, Flexible working, Technology

business leaders are still keen to maintain productivity with flexible working amidst the seasonal rush while allowing their team to enjoy the holiday periodEmployees have made it clear that they are keen for flexible working arrangements to stay. In fact, according to the Owl Labs 2023 State of Hybrid Work report, 40 percent of employees would decline a job if they were required to be in the office five days a week. With the festive season in full swing, employees will look to utilise the benefits of flexible working as they return home to their families. More →

UK built environment is woefully under-prepared for climate change

UK built environment is woefully under-prepared for climate change

by • Environment, News

New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate.New analysis published by UKGBC during the COP28 talks concludes that the UK’s built environment is severely under-equipped to adapt to our changing climate. On five out of seven critical climate resilience priorities, UKGBC’s scorecard finds that the Government policies in its Third National Adaptation Programme (NAP3) are insufficient, flawed, or missing, placing millions of homes and buildings – and the lives of people occupying them – at serious risk of damage from climate-related disaster. More →

Can smart glasses be the key to unlocking productivity in the workplace?

Can smart glasses be the key to unlocking productivity in the workplace?

by • Company news

One of the emerging tools showing immense promise for improving productivity is smart glassesTechnology is the foremost resource for shaping the world—and in the modern workplace, it’s crucial for keeping brands competitive in an increasingly fast-paced business environment. Our article “Why new technologies still make employees happier, healthier, and more efficient” explains that technology must meet increasingly agile strategies like remote work. In these cases, it can help optimise manpower and productivity. As a result, 70 percent of firms believe new technologies improve business resilience. One of the emerging tools showing immense promise for improving productivity is smart glasses. More →

Report links economic growth with the idea of ‘good work’

Report links economic growth with the idea of ‘good work’

by • News, Wellbeing, Workplace

CIPD sets out core themes for skilled, fair and healthy good work that should underpin a new workforce strategy for the next UK GovernmentIn advance of the main party conferences, the CIPD is calling for the next UK Government to develop a long-term workforce strategy to underpin a broader, bolder vision for economic growth. This is a central message in its new ‘Manifesto for Good Work’ which outlines the public policy changes needed to address the UK’s multiple challenges, for all the main UK political parties. These challenges include stagnating productivity, rising skills shortages and our ageing working population. More →

People and firms often have very different views on the value of meaningful work

People and firms often have very different views on the value of meaningful work

by • Flexible working, News, Technology, Wellbeing

new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teamsA new study from IBM claims that while employees rank meaningful work as something they care about deeply, executives say it’s the least important factor to their teams. The study, Augmented work for an automated, AI-driven world surveyed 3,000 global C-Suite executives across 20 industries and 28 countries. It also suggests that executives in the UK estimate that 41 percent of their workforce will need to reskill as a result of implementing AI and automation over the next three years. More →

‘People insight deficit’ puts firms’ reputations at risk

‘People insight deficit’ puts firms’ reputations at risk

by • News, Workplace

New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work. People insightThe CIPD is urging business leaders to have board-level HR representation or input to ensure there is the necessary expertise and ‘people insight’ to develop positive corporate cultures and manage workforce risks such as sexual harassment. This is the unsurprising message in a new report from the CIPD ‘The value of people expertise on corporate boards’. It claims just a quarter (25 percent) of FTSE 350 firms have a board member (both executive and non-executive) with an HR background, while only 2 percent have an HR director as an executive board member. More →

We need better evidence to help protect people at work

We need better evidence to help protect people at work

by • Comment, Workplace

Understanding what works to protect people at work needs better use of evidenceWe make decisions at work every day and for those in complex roles or in fast-changing situations, it can feel like a continuous process. In business, of course, the choices we make can have a significant impact on the bottom line and, more importantly, our people, the environment and the communities we’re operating in. With so much riding on what we choose to do, our decision-making processes must be designed to maximise our chances of successful outcomes. This is especially so when our decisions involve how to protect people at work so can be literally a matter of life or death. More →

Half of traditional non-tech firms now consider themselves tech firms

Half of traditional non-tech firms now consider themselves tech firms

by • Business, News, Technology, Workplace

Nearly half (49 percent) of ‘traditional’ enterprises now consider themselves tech firms, and are adopting more ‘tech-like’ strategies, roles and tools to drive innovation and growth.The pandemic years forced traditional industries to digitise their operations at speed, but three years on, non-tech enterprises across the UK – from sectors including finance, advertising, manufacturing and more – are actively embracing the ‘tech mindset’ more than ever, according to a new report. The poll from Pendo [registration], claims that nearly half (49 percent) of ‘traditional’ enterprises now consider themselves tech firms, and are adopting more ‘tech-like’ strategies, roles and tools to drive innovation and growth. More →

People now less engaged, less fulfilled and more stressed in their working lives

People now less engaged, less fulfilled and more stressed in their working lives

by • News, Wellbeing, Workplace

New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work.New research from the CIPD exploring the quality of UK working lives suggests there has been a negative shift in how people think about and value their work. The CIPD’s Good Work Index 2023 claims that most people like their work and find it satisfying. However, as many as 6-9 million workers, experience poor-quality work in some major respects. CIPD’s survey indicators show that there has been no significant improvement in job quality in the past four years and, in some respects, job quality has gone backwards. Compared to 2019, workers today are less enthused about work, less likely to perceive their work as useful and more likely to simply see work as purely transactional – simply for the money. More →

Flexible working and its benefits are enjoyed most by highest paid workers

Flexible working and its benefits are enjoyed most by highest paid workers

by • Flexible working, News

Low paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 reportLow paid workers have the least flexible working, and the gap between the number of flexible workers on the lowest and highest salaries has increased in the last year, according to figures from the Flex for Life 2023 report from advocacy group Flexibility Works. Just half (51 percent) of workers surveyed for the report earning less than £20,000 a year work flexibly, compared with eight in ten (80 percent) workers earning more than £50,000. The figures are from an analysis of flexible working in Scotland, which is supported by the Scottish Government and The Hunter Foundation. More →

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