June 26, 2018
London seen as most desirable city in the world to work, but the UK falls in country standings
A comprehensive study into global talent mobility claims that London is the most desirable city for overseas workers worldwide, beating New York, Berlin and Barcelona. In the four years since the first study conducted by The Boston Consulting Group (BCG) and totaljobs, the UK has dropped three places in overall attractiveness, from second to fifth in the country rankings. Decoding Global Talent 2018 (registration required), claims to be one of the most expansive studies every undertaken into workforce migration trends. Shining a spotlight on the UK’s attractiveness to global talent, the research reveals the world’s most desirable destinations for work.
The way to measure an employer’s speed of innovation includes how they find talent, their appraisal process, how employees recommend the organisation they work for to others, and how much employees collaborate, claims a new European study by Cornerstone OnDemand and IDC. “Future Culture: Building a Culture of Innovation in the Age of Digital Transformation” explores the relationship between European organisations’ speed of innovation and talent management, with the research showing that firms with a steady stream of new products and services are more likely to have an ongoing feedback process with employees, rather than an annual performance review, while organisations with a slower rate of innovation often use coaching and mentoring to develop employees.
The digital era, ageing populations, skills shortages, and unpredictable political and economic contexts are persuading multinationals to focus more on mobile talent, new ways of working and assessing the cost of expatriate packages for international employees that are critical to the future of work. This is according to Mercer’s 24th annual Cost of Living Survey which reveals that factors such as instability of housing markets and fluctuating inflation, currencies and prices for goods and services, are impacting the cost of doing business in various cities around the world. UK cities have significantly risen in the ranking this year. 
Organisations with a strong people analytics culture are much more likely to report strong business performance claims new global research from the CIPD in association with Workday. However, the survey also highlights that the wide scale adoption of people analytics practice is still low and that more needs to be done to improve skills and confidence in the HR function, particularly in the UK which is lagging behind other markets in both capability and confidence. The research also highlights the importance of access to data. It found that access to people data improves outcomes but only 71 percent of HR professionals have access to this data, and just 42 percent of finance professionals do. For those with access to people data, just 22 percent use it daily in their decision-making and almost a quarter (23 percent) use it in decision-making just once a month or less. The research, People Analytics: driving business performance with people data, surveyed 3,852 business professionals globally – including HR and finance professionals – to understand attitudes towards people analytics and how it is being used in organisations.
June 13, 2018
US companies are waking up to the benefits of caring for employee mental health
by Colleen O'Day • Comment, Wellbeing
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