Search Results for: skills

AI ushers in the era of the ‘frontier firm’, Microsoft report claims

AI ushers in the era of the ‘frontier firm’, Microsoft report claims

by • AI, News

A new report from Microsoft claims that 2025 will mark a new point in the evolution of work, with organisations across the globe now entering what it calls the age of the 'Frontier Firm' reliant on both AI and humansA new report from Microsoft claims that 2025 will mark a new point in the evolution of work, with organisations across the globe now entering what it calls the age of the ‘Frontier Firm’. The report defines this as a ‘future-facing business model in which a combination of artificial intelligence and human collaboration reshapes work processes and redefines the very structure of enterprises’. The 2025 Work Trend Index, published by Microsoft’s WorkLab, claims to draw on one of the most comprehensive datasets to date, combining insights from 31,000 workers across 31 countries, thousands of Microsoft 365 ‘productivity signals’, and labour market trends derived from LinkedIn’s global data. The report argues that AI is no longer a novel addition to the workplace — it is becoming central to how work is done, who does it, and what organisations can achieve. (more…)

Firms scale back recruitment plans in wake of National Insurance hike

Firms scale back recruitment plans in wake of National Insurance hike

by • News, Workplace

Nearly half of all companies across the UK are scaling back recruitment plans because of the hike in employers’ National Insurance which comes into effect on April 6thNearly half of all companies across the UK are scaling back recruitment plans because of the hike in employers’ National Insurance which comes into effect on April 6th, according to a new poll by Reed. The survey found that 46 per cent of firms said that recruitment decisions would be impacted due to the tax increase, with many reporting that they were already not hiring or postponing recruitment. Reed say the findings demonstrate the negative impact the increase in employer’s NI is having on the labour market, which has already seen vacancies fall for a record period. (more…)

Two thirds of people would like to quit jobs for a more meaningful career

Two thirds of people would like to quit jobs for a more meaningful career

by • News, Wellbeing

The research, published in The Purpose Playbook: Bridging the Gap Between Career Success and Life Fulfilment, explores how lifelong learning and personal growth can help individuals find a more meaningful career.A new report from Tomorrow University claims that two-thirds of professionals say they would quit their jobs for work that better aligns with their sense of purpose, highlighting a growing disconnect between career success and life fulfilment. The research, published in The Purpose Playbook: Bridging the Gap Between Career Success and Life Fulfilment, explores how lifelong learning and personal growth can help individuals find a more meaningful career. (more…)

Five years on and firms are also suffering from the effects of long Covid

Five years on and firms are also suffering from the effects of long Covid

by • Flexible working, News, Wellbeing

Many employers are still struggling with the long-term effects of the Covid-19 pandemic, five years after the first UK lockdown begaMany employers are still struggling with the long-term effects of the Covid-19 pandemic, five years after the first UK lockdown began, according to the CIPD. While the pandemic led to significant changes in working practices and an increased focus on employee wellbeing, challenges around productivity and economic inactivity persist. The pandemic brought widespread upheaval, with many people experiencing job losses, business closures, and the loss of loved ones. However, the CIPD argues that it also prompted positive changes in the workplace, including greater flexibility in working arrangements and increased adoption of technology to support collaboration. Despite these developments, many businesses continue to face difficulties, particularly as the cost-of-living crisis and economic uncertainty exacerbate the challenges of workforce engagement and productivity. (more…)

Young women say they need help to escape the trap of insecure work

Young women say they need help to escape the trap of insecure work

by • Flexible working, News, Wellbeing, Workplace

New research from Young Women’s Trust suggests that insecure workers are feeling trapped, disposable, undervalued and unprotectedYoung women are urging employers to improve flexibility, provide more notice of shift rotas and cancellations, and invest in training and skills development for workers on zero-hours and fixed-term contracts – as new research from Young Women’s Trust suggests that insecure workers are feeling trapped, disposable, undervalued and unprotected. Young women are one of the groups most exposed to the challenges of insecure work because they’re more likely to enter the industries that use it. They’re also paid less than men in insecure jobs. On top of this, there’s a ‘sticky floor’ effect whereby young women feel trapped and unable to leave – almost 3 in 10 (27 percent) said that they don’t feel confident enough to move out of insecure work when they want or need to. Many also cited the lack of opportunities to develop their skills leaving them feeling ill equipped to find permanent employment. (more…)

Furniture industry body unveils its plans for growth and government engagement

Furniture industry body unveils its plans for growth and government engagement

by • Furniture, News

The British Furniture Confederation (BFC), the public affairs umbrella body of furniture and beds, furnishings and flooring sector trade associations, has unveiled its new Plan for GrowthThe British Furniture Confederation (BFC), the public affairs umbrella body of furniture and beds, furnishings and flooring sector trade associations, has unveiled its new Plan for Growth. The document supports BFC’s advocacy across four key pillars: skills and education; trade and exports; standards and regulations; and the environment and circular economy. It has been developed over the past few months, evolving from a combination of position papers written by the associations’ executives and a comprehensive survey of their collective members. (more…)

UK Government grants Crown Estate new investment powers to drive growth

UK Government grants Crown Estate new investment powers to drive growth

by • News, Property, Technology

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…)

Global real estate markets grow (very cautiously) optimistic

Global real estate markets grow (very cautiously) optimistic

by • News, Property

The global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertaintyThe global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertainty, with lingering inflation, largely driven by factors including geopolitical instability, and persistently higher interest rates in some regions, potentially delaying a hoped-for recovery in capital markets and occupancy metrics. This is according to the Emerging Trends in Real Estate Global Outlook 2025 from PwC and the Urban Land Institute (ULI), which provides an important gauge of global sentiment for investment and development prospects, amalgamating and updating three regional reports which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific. (more…)

A third of employers are responding to the Employment Rights Bill by cutting jobs

A third of employers are responding to the Employment Rights Bill by cutting jobs

by • News, Workplace

four in five firms anticipate increased employment costs as a result of the Employment Rights Bill's proposed measures, and nearly a third are planning on reducing headcount as a result.A survey of more than 2,000 employers conducted by the CIPD reveals that nearly four in five anticipate increased employment costs as a result of the Employment Rights Bill’s proposed measures, and nearly a third are planning on reducing headcount as a result. The measures include reforms to Statutory Sick Pay, changes to unfair dismissal rules, and the introduction of guaranteed hours for zero-hours contract workers. Among those expecting costs to rise, 30 percent foresee reducing their workforce through redundancies or cutting back on recruitment, while 23 percent plan to introduce or expand automation to offset expenses. Other strategies being considered include reducing training budgets (22 percent), cutting staff working hours (17 percent), or increasing reliance on temporary workers (17 percent). (more…)

An AI divide risks growth for many organisations, new Microsoft research claims 

An AI divide risks growth for many organisations, new Microsoft research claims 

by • AI, News

An opportunity to boost the UK’s economy and improve public services could be at risk if too many organisations don't act on AIAn opportunity to boost the UK’s economy and improve its public services in ‘the coming age of agentic AI’ could be at risk if too many organisations remain ‘stuck in neutral’ on artificial intelligence, ?according to?new research?commissioned by Microsoft. The study, led by Dr Chris Brauer at Goldsmiths, University of London, claims that the highest performing businesses and most productive public sector organisations have a clear strategy in place and are preparing for the next wave of the technology – which the report refers to as agentic AI.?1 (more…)

Furniture Makers to hold next sustainability event focussed on material choices

Furniture Makers to hold next sustainability event focussed on material choices

by • Environment, Furniture, News

he Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is hosting its next sustainability event focussed on examining some of the established and widely used materials in the furniture and furnishings sectorThe Furniture Makers’ Company, the City of London livery company and charity for the furnishing industry, is hosting its next sustainability event focussed on examining some of the established and widely used materials in the furniture and furnishings sector. The seminar, which is sponsored by the Furniture Industry Sustainability Programme (FISP), Ocee & Four Design, Panaz and Satra Technology, will be held on Tuesday 4 March at Furniture Makers’ Hall, London. Organised by The Furniture Makers’ Company’s Climate Change and Sustainability Committee, the event will include presentations on foam, fabrics, textiles, leather and wood. In addition, new materials will be discussed and the necessary investigations in relation to recycled content, future recyclability and other implications. (more…)

Most people are happy for AI to inform decisions about work, CIPD claims

Most people are happy for AI to inform decisions about work, CIPD claims

by • AI, News, Workplace

To coincide with National Productivity Week, a CIPD poll suggests that almost two thirds of people (63 percent) would trust artificial intelligence (AI) to inform - but not make - important decisions at workTo coincide with National Productivity Week, a CIPD poll suggests that almost two thirds of people (63 percent) would trust artificial intelligence (AI) to inform – but not make – important decisions at work. According to the poll of over 2,000 people, over a third (35 percent) wouldn’t trust AI to make important decisions at work, preferring to use human intelligence. Just 1 percent of respondents would trust AI to make important work decisions. (more…)

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