Search Results for: workforce

February 15, 2018

Neurodiversity not on the agenda for 9 out of 10 UK organisations

Just 1 in 10 organisations say consideration of neurodiversity is included in their people management practices, despite around 10 percent of the UK population being neurodivergent in some way, according to a poll of HR professionals from the CIPD. Neurodiversity refers to the natural range of differences in human brain function. Amongst employers, it’s used to describe alternative thinking styles including dyslexia, autism, ADHD and dyspraxia as they relate to diversity and inclusion. These can have unique strengths, ranging from data-driven thinking to sustained focus over long periods, an ability to spot patterns and trends, and the capacity to process information at extraordinary speeds. It is estimated that at least 10 percent of the UK population is neurodivergent.

February 12, 2018

Business leaders increasingly optimistic about benefits of artificial intelligence in the workplace

by Neil Franklin • AI, News, Technology

Executives at major organisations increasingly believe that pairing humans alongside machine intelligence will create a more effective, engaged, and meritocratic workplace, according to a new study released by software provider Pegasystems Inc (registration required). The authors surveyed 845 senior executives working globally across industry sectors including financial services, insurance, manufacturing, retail, telecommunications and media, and government, on the increased role of automation and artificial intelligence in the workplace of the future. The potential impact in the workplace seems to outweigh any lingering fears, the report claims. Around 69 percent of of respondents say “workforce” will refer to both humans and machine intelligence in the future. Nearly three-quarters of executives said using machines to augment human abilities would lead to increased efficiency. Over 60 percent said it could be used to improve customer service.

February 7, 2018

Overwhelming workloads tip the scales on work-life balance for UK employees

by Neil Franklin • News, Wellbeing, Workplace

Almost half of UK workers (47 percent) spend the majority of their time feeling overwhelmed by their workloads, while 85 percent say that work is causing them stress, according to research from employee experience business Qualtrics. The Qualtrics Employee Pulse is a quarterly survey of more than 4,000 employees which claims to highlight the impact of burgeoning workloads on today’s workforce and reveals better support from businesses is needed to ensure the mental wellbeing of staff.

February 2, 2018

Skill shortages and currency weakness contribute to three year low in economic confidence of SMEs

by Sara Bean • News, Workplace

Concern amongst small and medium sized enterprises (SMEs) regarding the current economic climate fuelled by worries over a Brexit-related skills shortages, is at a three-year high, according to the latest Zurich SME Risk Index. It now sits at 56.38, indicating almost a 2 percent rise in perceived risk since Q1 2016 (55.43), and more than 3 percent higher than in October 2016 (54.55). SMEs attitudes towards economic growth, presently sits at a four-year low – with just two in five (40 percent) businesses confident that the UK economic situation will improve over the next 12 months. Similarly, the results regarding SMEs attitudes towards the international trade environment, reveals concern regarding overseas competition and currency rate fluctuations being at its highest in four years at 45.49. Equally, workforce challenges, namely the availability of skills and talent, is also an increasing concern for smaller businesses. Two in five (40 percent) SMEs now see workforce challenges as a major concern for their business; a rise of 8 per cent since October 2016, indicating that political issues are a major influence on the current attitudes of business owners in the UK.

January 31, 2018

Creators of the Edge in Amsterdam to develop new generation of Smart buildings

by Sara Bean • Architecture, Facilities management, News, Property, Technology, Wellbeing, Workplace design

The creative team behind the development of the world’s most sustainable building – The Edge in Amsterdam – has announced the launch of a real estate technology company. EDGE Technologies, launched by OVG Real Estate CEO Coen van Oostrom will focus on creating a new generation of buildings which feature the latest innovations in sustainability and wellbeing. Whereas parent company OVG is focussed exclusively on the development of its existing portfolio, EDGE Technologies will focus on both the development and the long-term operations of this new generation of buildings, aiming for a cohesive experience across cities. Each EDGE building will be built and operated on the same technology platform and offer consistent user-centred design, created to serve the needs of today’s fast-changing and demanding workforce. To help achieve this the new company is launching a product that will capture and aggregate data across its properties in order to optimize, measure and inform both the user experience and the building’s environmental performance. More →

January 26, 2018

If you are flourishing under a psychopath boss, it may be because you are a psychopath too

by Neil Franklin • News, Wellbeing

It’s still perfectly possible to flourish under a psychopath boss, provided you are one too, according to new research that found the people best placed to cope with a psychopathic manager are those who are psychopaths too; largely because they are not as upset at the bad treatment. In the workplace, employees respond differently to abusive management styles, in part due to their varying levels of psychopathy, according to a new study from the University of Notre Dame. Certain types of psychopaths actually benefit and flourish under abusive bosses, according to Are ‘Bad’ Employees Happier Under Bad Bosses? Differing Effects of Abusive Supervision on Low and High Primary Psychopathy Employees. The study is published in the Journal of Business Ethics by Charlice Hurst, assistant professor of management in Notre Dame’s Mendoza College of Business.

January 26, 2018

Only half of organisations are committed to ensuring employees thrive at work

by Sara Bean • News, Technology, Workplace

Growth and development matter most to employees, followed closely by fair access to opportunities and equity in pay, yet only half (52 percent) of organisations worldwide have committed to help meet these aims claims new research. As advances in technology, like AI and robotics, disrupt industries and redefine value chains, organisations need to distinguish themselves from others in order to prevail. Thriving organisations – those that transform their work environment into a compelling experience – will be first in building the workforce for the future finds Mercer’s newest research, Thriving in an Age of Disruption. It suggests that exceptional organisations transform work into a compelling experience that meets all employees’ needs, unlocks their full potential and enables them to successfully transition into the future workforce. Employees who are energised and bring their authentic selves to work are 45 percent more invested in their role, while a trusting work environment, a feeling of personal accomplishment, faith in senior leadership, clarity around career paths and a strategy that is responsive to external market shifts and societal needs explain 79 percent of employee confidence in the company they work for.
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January 26, 2018

Public sector and flexible workspaces drive record office uptake

by Neil Franklin • News, Property

A new report from GVA Grimley claims that the commercial property markets in the UK’s major cities outside London enjoyed a record breaking final quarter to 2017. According to its Big Nine report, analysing the office occupier markets of key UK regional cities, total take-up for the year amounted to over 10 million sq ft for the first time, well over the 9.5 million sq ft. witnessed at the peak of the market in 2015. The record level of take-up was underpinned by significant lettings to the public sector, in particular the Government Property Unit (GPU), as well as the continuing exponential growth of the serviced office and coworking sector.

January 25, 2018

Two fifths of people think their jobs will be obsolete within a decade

by Neil Franklin • Flexible working, News, Workplace

A new survey from job site Jobbio claims that more than two fifths of British workers think their job will be obsolete in as little as ten years, compared to over a third of those in the US. Respondents believe roles such as travel agents, telemarketers and factory workers will all disappear. in the longer term, a little over two-fifths of 2,000 British respondents (41 percent) think that they won’t be able to retire until the ages of 70-74 in 2050 with less than a fifth (14 percent) thinking they will get to retire under the age of 65. The survey focuses on the issue of happiness and what makes people happy at work. It found that there are some marked differences between the two countries although people are universally keen to address the issue of work life balance.

January 24, 2018

Business in the community aims to improve the quality of work for lowest-paid staff

by Sara Bean • News, Wellbeing, Workplace

Financial concerns are increasingly affecting the performance of workers across the UK, with one in eight UK workers (3.7 million) now living in poverty. According to the Money and Mental Health Policy Institute, a quarter of the UK workforce are, to some extent, experiencing financial insecurity. One in five employees (21 percent) report that they are just about managing financially, while a further 5 percent say they are finding things difficult. Aside from the undue stress this causes families, this can also have significant repercussions for employers, in terms of recruitment, retention and productivity. This has prompted Business in the Community, (BITC) with support from the Joseph Rowntree Foundation, to make the case for all employers to improve the quality of work for their lowest-paid staff. Its new campaign, Good Work for All draws on best practice from forward-thinking organisations including Starbucks, Royal Mail and Sodexo, and over a third of BITC members have reported taking company-wide action on low-paid work with successful outcomes.

January 24, 2018

Majority of global business leaders believe world economy will grow this year

by Sara Bean • News, Workplace

Well over half (fifty seven percent) of business leaders say they believe global economic growth will improve in the next 12 months – almost twice (29 percent) the level of results from the annual survey carried out by PwC . Launched at the World Economic Forum Annual Meeting in Davos, the survey found that optimism in the economy is feeding into CEOs’ confidence about their own companies’ outlook. As 42 percent of CEOs said they are “very confident” in their own organisation’s growth prospects over the next 12 months, up from 38 percent last year. Looking at the results by country though, it’s a mixed bag. In the UK, with Brexit negotiations only recently reaching a significant milestone, business leaders’ drop in short-term confidence is unsurprising (2018: 34 percent vs. 2017: 41 percent). The survey also found that CEOs are determined to find the right talent needed to reap the benefits of the digital disruption, with investments in modern working environments and the establishment of learning and development programmes to help attract and develop digital talent.

January 23, 2018

Global economy faces an immediate reskilling problem in the face of automation, claims Davos report

by Mark Eltringham • AI, News, Workplace

The global economy faces a reskilling crisis with 1.4 million jobs in the US alone vulnerable to disruption from technology and other factors by 2026, according to a new report, Towards a Reskilling Revolution: A Future of Jobs for All, published by the World Economic Forum. The report is an analysis of nearly 1,000 job types across the US economy, encompassing 96 percent of employment in the country. Its aim is to assess the scale of the reskilling task required to protect workforces from an expected wave of automation brought on by the ‘Fourth Industrial Revolution’. Drawing on this data for the US economy, the report finds that 57 percent of jobs expected to be disrupted belong to women. If called on today to move to another job with skills that match their own, 16 percent of workers would have no opportunities to transition and another 25 percent would have only between one and three matches.