Search Results for: skills

Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD

Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD 0

Vast majority of UK employers are against a 'hard' Brexit' finds CIPD

The implications of Brexit are raising concerns over a reduction in employers’ intentions to invest in their staff and its effects on access to migrant labour. As a result, according to the latest quarterly CIPD/Adecco Group Labour Market Outlook, while employment growth looks set to continue in the UK, there are signs that this is beginning to slow and that real wages are likely to fall during 2017 for many employees. The data shows that the net employment balance, while remaining in positive territory at +22, based on the difference between the share of employers expanding their workforce and the share of employers reducing their workforce, has shown a slight negative decline from the previous quarter’s figure of +27. Although 42 percent of employers believe that future restrictions on EU labour could damage their UK operations, just 15 percent have started to prepare for this eventuality; which is probably why the vast majority are against a ‘hard Brexit’.

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Representation of ethnic minorities in UK boardrooms ‘disproportionately low’

Representation of ethnic minorities in UK boardrooms ‘disproportionately low’ 0

Representation of ethnic minorities in British boardrooms 'disproportionately low'

Ethnic minority representation in the Boardrooms across the FTSE 100 and 250 is disproportionately low and does not reflect the ethnic diversity of either the UK or the stakeholders they seek to engage and represent; a new industry-led review has revealed. Given the fact that the UK will be the most diverse country in Western Europe by 2051, with over 30 percent of the population expected to be comprised of people from ethnic minority or migrant backgrounds, each FTSE 100 Board should have at least one director of colour by 2021, and each FTSE 250 Board by 2024. These are the main recommendations of the Parker Review report, Beyond One by ‘21 which found that out of 1,087 director positions in the FTSE 100, only 8 percent of positions are held by directors of colour, of which 1.5 percent are UK citizens, despite the fact that 14 percent of the total UK population is from a non-white ethnic group (up from 2 percent in 1971).

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UK cities now outperforming pre-crisis peak on key socio-economic indicators 0

The majority of UK cities and Local Enterprise Partnership (LEP) areas are now outperforming their pre-financial crisis peak, according to the latest 2016 Good Growth for Cities index, produced by PwC and the think-tank, Demos. However, a number of cities that have previously scored highly terms of jobs, incomes and business start-ups are beginning to experience growing pressures on housing affordability, transportation and work-life balance. The report also warns that the elements of the Good Growth index could be impacted by Brexit, with housing, jobs and income potentially seeing the largest effects.  However, it also points to post-Brexit opportunities including revised trade relations and regulations and the potential of new markets beyond the EU. Published today, the fifth annual Good Growth for Cities index measures the performance of 42 of the UK’s largest cities, England’s Local Enterprise Partnerships LEPs  and the new Combined Authorities against a basket of categories defined by the public and business as key to local socio-economic success.

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Employers worldwide are failing to keep senior female managers engaged

Employers worldwide are failing to keep senior female managers engaged 0

Engaging senior female managers

Some of the world’s biggest and best-known companies have lower engagement than they should among senior-level women, claims a new report, which found significant engagement gaps in key areas, including mentorship, appreciation and cooperation with colleagues. Roughly three quarters of those surveyed for the rewards of an Engaged Female Workforce were found to have generated lower levels of employee engagement among female senior managers. The research from BCG looked at factors that contribute to engagement levels for more than 345,000 male and female employees across the world and found that in companies in the bottom three quartiles of overall engagement scores, the scores of women increase by just 4 percent from non-manager to senior manager level while men’s increase by a full 12 percent. The study also found that companies in the top 25% of overall engagement scores had virtually no engagement gap between senior female managers (4.5) and senior male managers (4.4 ) when scores are rated from 1 (very dissatisfied) to 5 (very satisfied).

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Round up: seven things you should read this week

Round up: seven things you should read this week 0

workplaceMarina Gorbis on our obsession with the non-existent skills gap

Flip Chart Rick on low pay for freelancers and why it matters to everybody

Martin Ford on the risks faced by people who sit in front of a computer – and they’re not physical

McKinsey’s extensive report on the gig economy

Janine Dixon on the disconnect between economic success and wage growth

Huw Price on preparing for the era of machines

Scott Wyatt on how science is transforming cities

One in six public sector jobs to be lost to automation, claims report

One in six public sector jobs to be lost to automation, claims report 0

public-sector-automationUp to 861,000 public sector jobs in the UK – around 16 percent of the overall workforce – could be automated by 2030 according to research by Deloitte. The research builds on Deloitte’s work with Oxford University on job automation and is included in the firm’s The State of the State report for 2016-17 – its annual analysis of the state of public finances and the challenges facing public services. Deloitte’s previous work has shown that all sectors of the UK economy will be affected by automation in the next two decades, with 74 percent of jobs in transportation and storage, 59 percent of jobs in wholesale and retail and 56 percent of jobs in manufacturing having a high chance of being automated. The public sector includes higher numbers of roles in areas such as education and caring, as well as jobs requiring public interaction, all of which are at lower risk of automation. However, Deloitte calculates that automation could still lead to a reduction of up to £17 billion in public sector wage costs by 2030.

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Progress towards closing gender pay gap slows around the world

Progress towards closing gender pay gap slows around the world 0

Women across the globe earn on average  just over half of what men earn despite, on average, working longer hours when taking paid and unpaid work into account. The world is facing an acute misuse of talent by not acting faster to tackle this gender inequality, which could put economic growth at risk and deprive economies of the opportunity to develop, warns the World Economic Forum’s Global Gender Gap Report 2016, which is published today. The latest edition of the annual benchmarking exercise that measures progress towards parity between men and women in four areas: Educational Attainment, Health and Survival, Economic Opportunity and Political Empowerment finds that progress towards parity in the key economic pillar has slowed dramatically with the gap – which stands at 59 percent – now larger than at any point since 2008. Aside from salary, another persistent challenge is stagnant labour force participation, with the global average for women standing at 54 percent, compared to 81 percent for men. The UK is ranked 20th overall in the global index and of those countries in Western Europe, the UK falls in the bottom half of the table.  In respect of economic participation and opportunity, the UK is ranked 53.

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New BIM initiative announced as report slams dysfunctional construction sector

New BIM initiative announced as report slams dysfunctional construction sector 0

slide-image-3Digital Built Britain, the latest stage of the UK’s BIM Task Group programme, has officially been launched at the ICE BIM 2016 conference by Mark Bew, chair of the BIM Task Group. The launch comes in the wake of the publication of the Government commissioned Farmer Report into the state of the construction industry which laid out in stark terms the structural problems that suggest the sector risks terminal decline without innovation and cultural change. The report, subtitled Modernise or Die, suggests that the UK’s construction industry faces ‘inexorable decline’ unless longstanding problems are addressed. In particular, the review highlights the sector’s dysfunctional training model, its lack of innovation and collaboration, and a non-existent research and development (R&D) culture. First announced in the 2016 budget, Digital Built Britain aims to deliver reductions in the whole-life costs and carbon emissions of buildings, while improving productivity and capacity by using intelligent building information models, sensing technology and secure data and information infrastructure.  Digital Built Britain will also continue the work of the BIM Task Group programme, set up in 2011 to deliver a projected 20 percent saving on the costs of major projects.

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Where are zero hours contracts and the gig economy taking us?

Where are zero hours contracts and the gig economy taking us? 0

gig-economyZero-hours contracts have had a bad time in the press. Mike Ashley, founder of Sports Direct, has taken a pounding after uproar over workers conditions, and after vehemently defending his position, he is remarkably making a U-turn, ditching the controversial zero-hours employment arrangements. A large number of companies new also turning their backs on zero hours, including Cineworld, Greene King and Wetherspoons. Casual work isn’t a new phenomenon. In fact, the secure, jobs-for-life of post-war Britain lasted merely a few decades. Prior to the 1940s casual work was the longstanding nemesis of the working class. The welfare state and the much-cherished political mantra of full employment emerged in a post-war, golden age. In the 1980s capitalism found its sway. Margaret Thatcher redefined worker’s rights, and it paved the way for employers to benefit again from a more flexible workforce and ultimately what we now refer to as the gig economy.

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The global uberification of commercial property and the workplace

The global uberification of commercial property and the workplace 0

uberificationTechnology doesn’t just transform the world, it reshapes our language. So, we all need to get used to the word uberification as well as the idea of it. Based on the success of the on demand taxi service Uber, the word refers to the way a product or service becomes available to customers on demand via the Internet. Customers book a service only at the point of consumption. This represents an entirely new commercial model and is the defining characteristic of the new 21st Century economy. Uber may have provided the tipping point, going from start up to market valuation of $66 billion in just 7 years, but its success has given us a name for a process that is reshaping businesses and customer experiences across the entire economy, including in the commercial property sector.

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UK marketers suffering from tech-induced anxiety, survey claims 0

More than half (55 percent) of marketers in the UK are struggling to cope with the accelerated pace of digital transformation – up 7 percent since 2015, Adobe’s annual Digital Roadblock study claims. The report – which surveyed 450 marketers in the UK– found that Brits suffer from more tech-induced anxiety than their peers across the region: an average of 44 percent of marketers in Europe worry about their technology-based skill sets, 11 percent lower than the UK. Of the marketers surveyed, three-quarters (74 percent) feel that they need to implement new technologies within their marketing strategies in order to succeed, but just over half (54 percent) feel that they actually have the skills to do so. When it comes to technology skills, there’s an obvious gap between demand and reality: while 41 percent of respondents cited being a ‘tech-savvy’ early adopter of new technologies as the top attribute of being a marketer, only 15 percent actually identify as ‘tech-savvy’ themselves. In fact, more UK marketers identify as ‘tech challenged’ (20 percent) than ‘tech savvy’, and the number of ‘tech-savvy’ marketers has dropped since last year, when nearly one in five (19 percent) identified as so.

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UK large businesses are failing to create a culture of creativity and innovation

UK large businesses are failing to create a culture of creativity and innovation 0

suggestion_boxA new study claims that the UK lags behind other European countries when it comes to fostering a culture of innovation at creativity at work. Whilst 63 percent of French employees and 57 percent of Spanish employees feel empowered to lead innovation and drive change, less than half (47 percent) of employees surveyed across the UK agree. In turn, this appears to be impacting morale; just 54 percent of employees in the UK said they feel inspired in the workplace compared to 74 percent in Spain, 73 percent in France and 66 percent in Germany.  As businesses strive to stay ahead of the competition, making innovative use of technology is a top priority. However, the research commissioned by BMC and conducted by Opinion Life, suggests that businesses across the UK are struggling to foster an innovative culture fast enough and failing to capitalise on the creativity of their staff.

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