Search Results for: technology

Gallup report suggests that firms and their employees are not on the same page when it comes to AI

Gallup report suggests that firms and their employees are not on the same page when it comes to AI

A new Gallup study suggests there is a notable gap between corporate enthusiasm for artificial intelligence (AI) and employee preparedness to integrate the technology into their everyday work.A new Gallup study suggests there is a notable gap between corporate enthusiasm for artificial intelligence (AI) and employee preparedness to integrate the technology into their everyday work. While ninety-three percent of Fortune 500 Chief Human Resources Officers say they have begun to integrate AI into their organisations, only thirty-three percent of employees are aware. Despite growing investment in AI, employee use remains limited. Nearly seventy percent of workers say they never use AI in their roles, and only ten percent engage with tools on a weekly basis. White-collar workers are more likely to use the technology, with fifteen percent reporting weekly usage, compared to just nineteen percent of production and frontline employees who say they use it at all. (more…)

Workforce pressures spark calls for merger between HR and IT functions (say IT bosses)

Workforce pressures spark calls for merger between HR and IT functions (say IT bosses)

A growing number of IT leaders believe the solution to declining productivity and rising digital complexity in the workplace could lie in merging HR and IT departmentsA growing number of IT leaders believe the solution to declining productivity and rising digital complexity in the workplace could lie in merging HR and IT departments, according to a new poll. A global study by digital employee experience firm Nexthink, based on a survey of 1,100 IT leaders, found that 93 percent of respondents believe closer integration between the two functions would improve productivity, employee engagement and satisfaction. Nearly two-thirds (64 percent) predict a full merger between HR and IT will take place within five years, while a further 31 percent expect significantly closer collaboration. (more…)

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

Meh. Generative AI in the workplace is delivering modest returns that don’t match the hype

the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employeesA new study by the US-based National Bureau of Economic Research has cast doubt on the immediate transformative impact of artificial intelligence in the workplace, finding that the use of generative AI chatbots has so far delivered only modest gains in productivity and almost no increase in pay or reductions in working hours for employees. The working paper [restricted access], authored by economists Anders Humlum and Emilie Vestergaard, used detailed Danish employment data to assess the real-world effects of AI adoption across 7,000 workplaces and 25,000 workers, focusing on white-collar roles most susceptible to automation—such as accountants, IT support staff, journalists, HR professionals, and software developers. (more…)

Not waving but drowning. People feel optimistic about the use of AI in the workplace … and swamped by it

Not waving but drowning. People feel optimistic about the use of AI in the workplace … and swamped by it

As the use of AI in the workplace continues to rise, new research from Henley Business School reveals that while optimism about AI’s potential is on the rise, so is the feeling of being overwhelmed by its rapid developmenAs the use of AI in the workplace continues to rise, new research from Henley Business School reveals that while optimism about AI’s potential is on the rise, so is the feeling of being overwhelmed by its rapid development. A poll of 4,640 adults across nearly 30 major sectors, commissioned by The World of Work Institute at Henley Business School, reveals that over half (56 percent) of full-time professionals feel optimistic about AI advancements, yet 61 percent admit they are overwhelmed by the pace of change. (more…)

Employer confidence falls to record low as UK employers face rising costs and uncertainty

Employer confidence falls to record low as UK employers face rising costs and uncertainty

The number of UK employers expecting to increase headcount in the next three months has fallen to a record low outside of the pandemicThe number of UK employers expecting to increase headcount in the next three months has fallen to a record low outside of the pandemic, as they grapple with rising employment costs and growing global uncertainties. This is according to the latest Labour Market Outlook report from the CIPD, which shows that the rate of employers expecting to increase headcount has fallen sharply among large private sector employers, and in retail in particular. In response, the CIPD is urging the government to closely consult with employers and business bodies to limit the potential impact the Employment Rights Bill could have on employer’s hiring plans as businesses face mounting external pressures. (more…)

Sustainability and wellbeing yet again key themes of South West BCO Awards

Sustainability and wellbeing yet again key themes of South West BCO Awards

Seven office developments across the South of England and South Wales have been recognised as the region’s most outstanding workplaces at the annual British Council for Offices (BCO) AwardsSeven office developments across the South of England and South Wales have been recognised as the region’s most outstanding workplaces at the annual British Council for Offices (BCO) Awards. Among the winners were three Bristol-based projects, highlighting the city’s growing reputation for innovative, inclusive and sustainable office design. The awards ceremony, held at We The Curious in Bristol, celebrated excellence in office design, fit-out, and environmental performance. With a strong emphasis this year on ESG (Environmental, Social, and Governance), wellbeing, and inclusivity, the judges praised the winning projects for their forward-thinking, occupier-focused approaches. (more…)

Giant digital artwork will Illuminate THE MART’s Facade during NeoCon

Giant digital artwork will Illuminate THE MART’s Facade during NeoCon

A new large-scale digital projection will light up the facade of THE MART during NeoCon in downtown Chicago this summerA new large-scale digital projection will light up the facade of THE MART in downtown Chicago this summer, offering a reflection on the forces shaping the city’s past, present and future. Currents of Chicago, created by architecture and design firm Perkins&Will, will be displayed from 5 June to 6 July as part of the ongoing ART on THE MART programme. Lighting up the building’s 2.5-acre riverfront facade, the work coincides with the 2025 edition of NeoCon (9–11 June), a major event in the commercial design industry. It is the third year in a row that ART on THE MART has timed one of its major presentations to coincide with the NeoCon design fair. (more…)

The world needs amazing leaders like never before. But where are they?

The world needs amazing leaders like never before. But where are they?

rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisationDemand for integrity and strength in leadership has never been greater. A wave of quickly evolving AI technologies, combined with geopolitics and other pressures, is increasing this need at an unprecedented pace. The rapid changes in today’s environment can put even the best leaders under immense strain and cause ripple effects within the organisation. In fact, even those changes that are expected to bring efficiency and simplicity like GenAI, translate into confusion, anxiety, and complexity in many situations. According to McKinsey research, a staggering 56 percent of employees report that their leaders are either mildly or highly toxic. Even more concerning, 75 percent of employees identify their boss as the most stressful part of their workday. (more…)

Co-working spaces bring a whole range of benefits for employees and communities

Co-working spaces bring a whole range of benefits for employees and communities

Today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic.When you think of co-working spaces – where workers from different industries come together to share a convenient workplace – you might picture a group of young freelancers hunched over laptops. But today’s co-working spaces have evolved into something more powerful – particularly in a world still reshuffling office work practices in the wake of the COVID pandemic. As workplaces adapt to new ways of operating, from hybrid to “digital nomadism”, co-working spaces can do more than simply offer flexibility. They can support workers’ wellbeing and work–life balance by enhancing a sense of community, building trust and new friendships, and encouraging continuous learning. (more…)

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

Future of Work 2025: WEF report sets out the unsurprising but profound changes ahead

The latest report on the future of work forecasts profound but entirely unsurprising changes for the workplace over the next five yearsThe latest Future of Jobs Report from the World Economic Forum forecasts profound but entirely unsurprising changes across global labour markets over the next five years, as technological breakthroughs, demographic shifts, and the green transition redefine the physical and digital workplace. Drawing on insights from over 1,000 employers, representing more than 14 million workers across 55 economies, the report on the future of work claims that technological change—particularly the rise of generative AI (GenAI)—will be the most powerful driver of workplace transformation by 2030. Broadening digital access is expected to reshape six in ten businesses, followed closely by AI and robotics, which are both forecast to simultaneously create and displace jobs on a massive scale. (more…)

Half of businesses who have made people redundant in favour of AI think they may have messed up

Half of businesses who have made people redundant in favour of AI think they may have messed up

A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there's a good chance they made wrong decisions about those redundancies.A new poll from Orgvue claims that 39 percent of business leaders who have deployed AI in their firms have already made employees redundant. Of those, 55 percent think there’s a good chance they made wrong decisions about those redundancies. Orgvue first conducted its international survey of 1,000 C-suite and senior decision makers at medium and large organisations in 2024. This year, the research highlights what Orgvue says is growing caution in deploying artificial intelligence and acknowledgment that businesses need to reskill people to work with the technology. (more…)

Firms scale back recruitment plans in wake of National Insurance hike

Firms scale back recruitment plans in wake of National Insurance hike

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…)