Search Results for: workforce

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

CEOs remain optimistic about short term growth, quarter are planning to replace people with AI

A quarter of CEOs intend to cut their headcounts by at least five percent "due to generative AIThe proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled. At the same time, the proportion of CEOs concerned about their long-term business viability has risen to 45 percent as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey. However the survey, published to coincide with the annual World Economic Forum jamboree in Davos, also reports that artificial intelligence will result in dramatic job losses in 2024 and beyond. A quarter intend to cut their headcounts by at least five percent “due to generative AI. More →

Many employers don’t think GenZ are well prepared for the workplace

Many employers don’t think GenZ are well prepared for the workplace

A new poll from WorkL claims that half of employers believe that Gen Z is not entering the workplace well-equipped with the skills and knowledge neededA new poll from WorkL claims that half of employers believe that Generation Z is not entering the workplace well-equipped with the skills and knowledge needed for their roles. The annual WorkL Global Workforce Report 2024 suggests that mentoring initiatives are being implemented by employers to support Gen Z, with four in ten employers taking the step. Having been significantly impacted by the global pandemic and the shift in traditional working practices, WorkL has seen a falling engagement score for the youngest demographic over the last 12 months; decreasing from 71 percent in 2021 down to just 67 percent in 2023, a concerning four percentage point decrease and the lowest score out of all age groups. More →

Employers must act to offer more choices to people

Employers must act to offer more choices to people

Henley Business School’s World of Work Institute has published a new report on what it calls The Omniployment Era The report claims to identify which what a post-Covid, post-Great Resignation workforce looks like. The study identifies six distinct worker ‘segments’* in the UK workforce and quantifies what attracts and retains them in jobs, and provides advice to businesses on how to build a strong workforce. More →

AI roles now make up over a quarter of all tech jobs advertised in the UK

AI roles now make up over a quarter of all tech jobs advertised in the UK

AI-focused roles now make up 27 percent of all tech jobs being advertised in the UK, according to a new report from Thomson Reuters.AI-focused roles now make up 27 percent of all tech jobs being advertised in the UK, according to a new report from Thomson Reuters. An analysis of 6,073 live tech roles advertised online in January 2024 found that 1,652 roles fundamentally required AI skills. Demand for talent with relevant skills has boomed in the last year with the rise of generative AI tools offering significant boosts to productivity and efficiency in the workplace. More →

Third of employees resent return to office mandates

Third of employees resent return to office mandates

A new poll from Scalable Software of 2,000 UK knowledge workers claims more than a third (35 percent) resent being told they have to go into the office for a set number of days. Half (50 percent) of respondents say their employer has “productivity paranoia” over employees working away from the office, with 62 percent reporting their organisation has implemented a return to office policy within the last two years. More →

(As always) two-fifths of people say they are planning to change jobs this year

(As always) two-fifths of people say they are planning to change jobs this year

Nobody seems to be calling it The Great Resignation any more, but two-fifths (40 percent) of the UK workforce are planning to move jobs in 2024, with one in six already beginning their search as staff look to boost their pay packet, according to the latest Candidate Sentiment Survey statistics produced by recruitment firm Robert Half. The survey’s authors claim these statistics demonstrate the resilience of the labour market as more candidates look to capitalise on skills shortages to boost earnings. Those aged 18-34 are more likely to move roles than any other age group (56 percent). More →

Time to put down the devices if you really want things to look up

Time to put down the devices if you really want things to look up

Mental health. It’s time to put the devices down. It’s time for us to look up, and it’s time to reset.In 2022, data from Statisica revealed UK users spent an average of 4.25 hours per day using their mobile devices. A different Statistica survey found that 31 percent of UK social media users aged between 16 and 24 years reported spending between 1-2 hours per day using TikTok, while 25 percent reported spending between 3-4 hours per day on the social video app. More →

Number of self-employed falls, except for over-50s

Number of self-employed falls, except for over-50s

the number of self-employed business owners aged 50 and over surged to 1.1 million in 2023 – 89,000 more than in 2020 – despite the total solo self-employed population falling by 154,000 in the same period.Tens of thousands more over 50s are now running their own businesses despite an overall decline in self-employment since 2020, new analysis of workforce statistics shows. The analysis, published by IPSE (the Association of Independent Professionals and the Self-Employed), found that the number of self-employed business owners aged 50 and over surged to 1.1 million in 2023 – 89,000 more than in 2020 – despite the total solo self-employed population falling by 154,000 in the same period. More →

We are not blank slates and we don’t adapt to change in predictable ways

We are not blank slates and we don’t adapt to change in predictable ways

An idea that has never really gone away, but which seems to be enjoying a new lease of life is the tabula rasa. The conception of people as a blank slate is something that has crept back into mainstream political and social thought for a variety of reasons. Arguably, it is also behind many of the most misleading notions about work and workplace design, perhaps most importantly that a change to some single element or characteristic of a working environment will lead to a specific outcome in the behaviour of people. More →

How employers should navigate the ICO’s guidance on monitoring workers

How employers should navigate the ICO’s guidance on monitoring workers

As technology continues to advance at a rapid pace, so does the prevalence of firms monitoring workers and the sophistication of the tools available to employers to monitor their staff's activitiesAs technology continues to advance at a rapid pace, so does the prevalence of firms monitoring workers and the sophistication of the tools available to employers to monitor their staff’s activities. Hand in hand with the increasing prevalence of workplace monitoring tools are concerns that their excessive use may infringe workers’ data protection and privacy rights. Employers must take heed of recent ICO guidance to ensure they do not fall foul of the law in pursuit of the hoped for benefits of workplace monitoring, such as boosting productivity and profit. More →

Only a quarter of firms say that staff will need to work full time from an office in future

Only a quarter of firms say that staff will need to work full time from an office in future

New research by the British Chambers of Commerce Insights Unit and technology firm Cisco, shows less than 30 percent of firms expect their workforce to be fully in person over the next five years. The survey of over 1,000 businesses, of which 96 percent were SMEs, found just 27 percent of respondents predict their staff will be fully in-person over the next five years. 47 percent anticipate their staff to be mostly in-person, 16 percent expect mostly remote and 8 percent fully remote. More →

Inclusive office design is essential if we want offices to be worth the commute

Inclusive office design is essential if we want offices to be worth the commute

Organisations now understand the immense potential for sustainable, inclusive office design, and people-centric real estate strategies to drive positive change and fuel growth.Corporate culture has fundamentally changed since the pandemic and with it, so has the way employees interact with the office. This has put leaders under pressure to create experiences for employees that complement, and in some ways even compete with, the comforts of home. Organisations now understand the immense potential for sustainable, inclusive office design, and people-centric real estate strategies to drive positive change and fuel growth. More →