Search Results for: talent

Growing number of lawyers see flexible working and consultancy as attractive

Growing number of lawyers see flexible working and consultancy as attractive

A report published by law firm Allen & Overy’s flexible working service Peerpoint suggests that lawyers are increasingly looking to new ways of working to achieve their career goals. The Future for Legal Talent report is based on a survey of over 1,000 lawyers and law students. It also found that more than 80 percent of respondents believe new entrants to the legal profession will feel the work and commitment needed to reach partnership status may not be worthwhile. Even among those who want to become partner, just 21 percent feel they will make it. One in four (24 percent) said they have considered quitting the profession altogether.

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Employees who work in digitally advanced workplaces are more productive and motivated

Employees who work in digitally advanced workplaces are more productive and motivated

Companies that are less technologically advanced are at risk of falling behind the competition and not attracting top talent, claims a new global study from Aruba. By contrast, employees who work in digital workplaces are not only more productive but also more motivated, have higher job satisfaction, and report an overall better sense of well-being. The study, Digital Revolutionaries Unlock the Potential of the Digital Workplace, outlines both the business and human benefits of more digitally-driven workplaces, and how. Almost all respondents (97 percent) thought their workplace would be improved through greater use of technology, while 64 percent said their company will fall behind the competition if new technology isn’t implemented. The same portion (64 percent) believe the traditional office will become obsolete due to advances in technology. However, the survey also warns that companies must be vigilant as more digital-savvy employees are taking greater risks with data and information security.

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Majority of global workforce now work somewhere other than the office every week

Majority of global workforce now work somewhere other than the office every week

Majority of global workforce now work remotely from the office every week

Technological change, globalisation and changes in employee expectations mean that over two-thirds of global employees now work remotely every week, and over half do so for at least half of the week. Though it must be said this is according to a new study from IWG, which is the parent group of workspace companies including Regus and Spaces, the study found that every week 70 percent of employees are working at least one day a week somewhere other than the office. More than half (53 percent) work remotely for half of the week or more, whilst more than one in 10 (11 percent) people work outside of their company’s main office location five times a week. The survey adds also that flexible working and the use of shared workspaces are no longer the preserve of start-ups. The world’s most successful businesses – including varied companies such as Etihad Airways, Diesel, GSK, Mastercard, Microsoft, Oracle and Uber – are already adopting a flexible workspace approach.

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Simple fact: less complex workplaces increase levels of employee engagement

Simple fact: less complex workplaces increase levels of employee engagement

workplace

Organisations that invest in simplifying their workplace benefit from greater trust, advocacy, innovation and retention among employees. Yet despite this, 30 percent of employees find their workplace complex and difficult to navigate, claims a recent study conducted by Siegel+Gale. According to the study, organisations that communicate clearly from the top their purpose, values and business goals tend to be simpler. These workplaces convey how employees’ roles impact relationships with clients and ultimately, drive business results.

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Low unemployment means new recruits will quit if the job doesn’t measure up

Low unemployment means new recruits will quit if the job doesn’t measure up

Low unemployment means new recruits will not stay if the role doesn't measure up

Alongside the challenge of finding the right people to fill roles is keeping them there, according to a survey from Korn Ferry which claims that the majority (93 percent) of employers agreed that the retention of new hires in their organisation is becoming an issue.  New recruits individuals agree, with 26 percent admitting they’d leave a job if it wasn’t a good fit, even if they didn’t have another position lined up. The top reasons new hires leave, according to the survey, is their specific role isn’t what they expected and working for the company was different than they thought it would be. Respondents said a desire for more money was not a primary reason a new hire would leave. More than half of the respondents (55 percent) said that offering more money to a new hire who wanted to leave would not make them stay and more than three quarters, (82 percent) said that if they personally accepted a job that they ended up not liking, even though it paid well, they would leave as soon as they found a new job.

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Flow of gig workers moving in and out of Britain will increase due to Brexit

Flow of gig workers moving in and out of Britain will increase due to Brexit

Flow of gig workers moving in and out of Britain will increase due to BrexitUK businesses are already one of the top employers of short contract “gig workers” at an international scale and with Brexit just around the corner,  a new survey commissioned by Graebel and carried out by Wakefield Research found that 97 percent of UK Millennials would be interested in relocating to another country for a contract job. After Brexit takes place, nearly three in five (58 percent) British gig workers are more likely to relocate from the U.K. to another EU country for a contract job, and 72 percent of British Millennials answered the same way. Gig workers in each of the top three gig economy markets (UK, US and Singapore), were asked how companies can cater for the needs of this new generation of workers and how to retain their top talent. New York (33 percent), Los Angeles (21 percent) and Paris (21 percent) are the top three picks for UK gig workers looking to relocate. On the other hand, London is still the top choice for US gig workers (33 percent) and second choice for gig workers in Singapore (26 percent).

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UK technology sectors continues to outpace rest of the economy, and not just in London

UK technology sectors continues to outpace rest of the economy, and not just in London

The UK’s digital technology sector continues to grow faster than the rest of the economy, according to the latest Tech Nation Report for 2018. Turnover of digital tech companies grew by 4.5 percent between 2016-17 compared to UK GDP which grew by 1.7 percent over the same period. This means that the tech sector grew at 2.6 times faster than the rest of the economy. At the same time the number of jobs in digital tech rose five times the rate of the rest of the economy, demonstrating how the digital tech sector is one of the best performing sectors in the UK economy. 2017 proved to be an amazing year for the UK digital tech sector with some of the biggest fundraisings and exits seen in years, as international investors flocked to fund UK-based firms, according to the report. British digital tech companies raised £4.5bn in venture capital investment during the year, almost double the previous year.

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What exactly is driving the global workplace conversation?

What exactly is driving the global workplace conversation?

There is a growing body of research and understanding on the impact that working environments, workplace habits and culture have on people and broader business performance. The very best workplaces in the world – some of which will be on show at Workplace Week in New York next month – are changing our expectations around the look, function and purpose of office space. These workplaces are designed much like ecosystems – every inch designed with the comfort, wellbeing and productivity of the people who occupy them in mind. The new world of ‘workplace management’ is about designing and delivering multi-faceted, minute-by-minute, multi-sensory experiences that create an emotional response. It is about designing workplace experiences to deliver a specific mission. It encompasses thinking about journeys and destinations, the fusion of space, information, and services – and how these reflect organisational personality, support human effectiveness, and lure in talent. But, as those in the industry will be all too aware, this hasn’t always been the case. So, what’s to thank for this fresh approach to workplace design and management?

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Artificial intelligence, robots and automation set to transform the office environment

Artificial intelligence, robots and automation set to transform the office environment

In today’s highly digital landscape, tools like AI and machine learning were developed to significantly improve productivity in the workplace. But despite their existence, many companies still trail behind in terms of integrating AI in their office environments. In fact, an article on Workplace Insight previously noted that over a quarter of employers fail to provide staff with digital and flexible tools. Though it is predicted that the next couple of years will see businesses adapt to a human-and-machine environment, organisations still have a lot of catching up to do in terms of digital basics.

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Employers face increasing challenge in finding the right person for the job warns CIPD

Employers face increasing challenge in finding the right person for the job warns CIPD

Employers face increasing challenge in finding the right person for the job warns CIPD

Employment prospects in the UK are improving, as the number of vacancies in the UK economy remain well above historic average levels, but the CIPD is warning that employers’ demand for skills and labour may not be met by supply. The latest Labour Market Outlook from the CIPD and The Adecco Group shows that employers’ near-term employment expectations have risen to a five-year high. This continued growth in demand for labour, while highlighting employer optimism, is set to lead to a further tightening of the UK labour market for employers, making it harder for them to find the skills and labour they need. Almost two-thirds (61 percent) of employers in the survey said that at least some of their vacancies are proving hard to fill.  By comparison, just over half (56 percent) of employers reported that they were currently having difficulty filling vacancies in their organisation during the same period in 2017. In response, more than a quarter (28 percent) said that they are raising wages to tackle their recruitment difficulties. The report authors also suggest that offering staff more flexible work and collaborative spaces could help with recruitment and retention.

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Manchester incubator aims to develop region’s strength in tech and research

Manchester incubator aims to develop region’s strength in tech and research

Manchester Science Partnerships (MSP) has opened its new £2m tech incubator which it hopes will help create up to 2,000 jobs in data science and technology innovation companies over the next decade. Reflecting the ambitions of the updated Greater Manchester strategy to build on the city region’s strengths in technology and digital innovation, the incubator will provide start-ups with a wide package of business support services including: access to finance, talent and markets advice. Manchester is already a European top 20 digital city and this new incubator is designed play a role in strengthening the city’s status as a location for technology businesses over the coming years.

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Quarter of UK managers would take a pay cut for a job with a clear purpose beyond profit

Quarter of UK managers would take a pay cut for a job with a clear purpose beyond profit

Quarter of UK managers would take a pay cut for job with purpose beyond profitMore than a quarter of managers (27 percent) in British companies would likely accept a salary cut to work for a company that has a clear purpose beyond profit a new report claims.  A third (32 percent) would actually consider leaving their job if a greater purpose was unclear, while more than half (53 percent) would if their company’s values and purpose didn’t align with their own. The YouGov survey, commissioned by Danone UK, highlights the importance of having a defined company purpose that marries commercial success with social progress.  The findings support a new report by not-for-profit think tank Tomorrow’s Company and Danone UK, that explores the importance of having a purpose beyond profit in helping companies to prosper in the face of workplace challenges created by an uncertain world. The Courage of their Convictions is built from interviews with senior leaders from within some of the UK’s biggest purpose-driven brands, including Danone, John Lewis, Mars, Philips, Tata Consultancy Services and Unilever.

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