Search Results for: workforce

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

Generative artificial intelligence set to boost GDP but could affect 300 million jobs

by • News, Technology, Workplace

The latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobsThe latest developments in generative artificial intelligence could replace the equivalent of 300 million full-time jobs, a report by investment bank Goldman Sachs claims. The authors suggest that the technology could replace around a quarter of the work tasks carried out in the US and Europe but may also mean new jobs and a productivity boom. The report claims that the tech could increase total annual value of goods and services produced globally by 7 percent. More →

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

by • Environment, News, Property, Workplace

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

Hybrid workers exercise more, sleep longer and eat better

Hybrid workers exercise more, sleep longer and eat better

by • Flexible working, News, Wellbeing

A new study claims that hybrid working is leading to a healthier workforce, with more time being dedicated to exercise, sleep and healthy eating. Research among more than 2,000 hybrid workers by IWG suggests that the time saved by reduced commuting has led to multiple health and wellbeing benefits including weight loss, better cooking habits, improved mental health and a longer night’s sleep. More →

Employers over-estimate the wellbeing benefits of hybrid working

Employers over-estimate the wellbeing benefits of hybrid working

by • Flexible working, News, Wellbeing

Employers and employees have a differing opinion about the health and wellbeing impact of hybrid workingEmployers and employees have a differing opinion about the health and wellbeing impact of hybrid working, according to a new poll from GRiD. Two thirds of employers (64 percent) believe that hybrid working has had a positive impact on their employees’ health and wellbeing, but only 53 percent of employees agree. Where they do concur is on the number of people for whom hybrid working can have a negative impact, with 6 percent of employers, and 7 percent of employees, acknowledging that it is not a positive experience for everyone. More →

Online personal brands are the key to job success say ‘Gen Z’

Online personal brands are the key to job success say ‘Gen Z’

by • News, Workplace

New research claims to reveal how people belonging to Gen Z perceive online ‘personal brands’ as a crucial tool to gain more advantage in job marketsNew research claims to reveal how people who belong to ‘Generation Z’ perceive online ‘personal brands’ as a crucial tool to gain more advantage in job markets. The study, led by the University of East Anglia in collaboration with the University of Greenwich, claims to demonstrate the importance of authentically building online personal branding strategies and tactics to bridge the gap between Gen Z ‘s desired and perceived images on social media when job seeking. More →

Just call it ‘work’; Kate Lister in conversation with the Workplace Geeks

Just call it ‘work’; Kate Lister in conversation with the Workplace Geeks

by • Flexible working, Podcasts, Premium Content

In the latest episode of the Workplace Geeks podcast, one of the world’s leading experts on work and workplace, Kate Lister, focuses on a recent study in collaboration with Owl Labs, ‘State of Remote Work 2022’. The report, in its 6th year, provides a platform for a much broader conversation about hybrid and remote working (spoiler alert: terms which Kate hates by the way), Kate’s invitation to speak during the pandemic to United States Congress about home-working, and GWA’s long standing and freely available ROI and savings calculators. James returns following his blacksmithing course in the Peak District to a new discussion format – no more Pinder Ponder, get ready for the reflection section.

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Despite rise of hybrid working, people spend majority of time on pointless work and meetings

Despite rise of hybrid working, people spend majority of time on pointless work and meetings

by • Flexible working, News, Workplace

Businesses and workers are still grappling with barriers to productivity despite the advent of more widespread flexible and hybrid working, claims a new reportBusinesses and workers are still grappling with barriers to productivity despite the advent of more widespread flexible and hybrid working, claims a new report from Asana. According to the fourth Anatomy of Work Global Index, “work about work” – time spent on work coordination rather than the skilled, strategic jobs they want to do – remains how workers spend the bulk of their day. Conducted by GlobalWebIndex (GWI) on behalf of Asana, the 2023 Anatomy of Work Global Index surveyed the behaviours and attitudes of more than 9,615 knowledge workers across the United States, U.K., Australia, France, Germany, and Japan to understand the impact of cross-functional collaboration. More →

Gender-balanced boards are more likely to push for improved company culture

Gender-balanced boards are more likely to push for improved company culture

by • News, Workplace

women are more likely than men to focus on emerging issues, notably company culture and employee developmentThe 30% Club, in partnership with board advisory specialists Lintstock, has today issued new qualitative analysis based on the engagement of male and female directors in 100 FTSE board reviews in a report Evidencing the Contribution of Gender Balance to Board Effectiveness. The survey claims to highlight the difference gender diversity makes to the running of corporate boards, with a significant finding that women are more likely than men to focus on emerging issues, notably company culture and employee development. In addition, female directors were also more likely to offer criticism and recommendations for improvement on both their own performance and their business activities. More →

The six skills managers will need for the future of work

The six skills managers will need for the future of work

by • Comment, Flexible working, Technology

When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership.Conversations around how work and leadership will change in the coming years have inevitably been accelerated by the pandemic. Companies all over the world have been urged to seek new digital tools, solutions and methods for communicating, making decisions, and activating projects remotely. The companies that emerged most successfully from the Covid era were those that, despite all the uncertainty at the time, decided to adapt and view the pandemic as an opportunity for change rather than an obstacle. When it comes to the future of work, we need new guidelines for building change-ready and vulnerable leadership. More →

Pipeline of women managers has stalled in wake of pandemic

Pipeline of women managers has stalled in wake of pandemic

by • News, Workplace

The leadership pipeline for women has hollowed out in the middle, according to a new study “Women in leadership: Why perception outpaces the pipeline—and what to do about it” from IBM Institute for Business Value (IBV) and Chief. The study of 2,500 organisations in 12 countries and 10 industries found a small increase in the number of women at the C-suite and Board level (now 12 percent for both), and an increase to 40 percent representation of women in junior professional/specialist roles (37 percent in 2021). However, the pipeline for top leadership positions still hasn’t recovered to pre-pandemic levels – 14 percent representation of women in senior vice president roles (18 percent in 2019) and 16 percent in vice president roles (19 percent in 2019). More →

Firms get that people want flexible working, but are still slow to act

Firms get that people want flexible working, but are still slow to act

by • Flexible working, News

Workers are increasingly demanding autonomy and flexible working options, but employers remain slow to respond, with only a small percentage increasing the number of flexible or remote rolesWorkers are increasingly demanding autonomy and flexible working options, but employers remain slow to respond, with only a small percentage increasing the number of flexible or remote roles, according to a new poll.  Based on a survey of 4,500 people including 500 small and medium-sized business owners, Sonovate’s report, ‘The Future World of Work’ [registration] claims that although 70 percent of businesses acknowledge that the most skilled people will only work under conditions that favour them, they had done little to enable employees to work more flexibly and reduce outgoings. More →

Employers prioritising long term return on investment in recruitment

Employers prioritising long term return on investment in recruitment

by • News, Workplace

Following the 'hiring frenzy' of the pandemic, recruitment strategies are focused on total value creation by empowering their teams to learn, grow and be ready for any contingencyFollowing the ‘hiring frenzy’ of the pandemic, recruitment strategies are focused on total value creation by empowering their teams to learn, grow and be ready for any contingency, according to the 2023 Talent Trends Report from Randstad. The poll of over 900 C-suite and HR leaders in 18 markets focussed on their talent and career development priorities for the year ahead. Now in its 8th year, this year’s report claims that despite an uncertain economic environment, business leaders are focused on driving long-term value and business impact by increasing talent engagement, satisfaction, productivity, and retention, following the ‘hiring frenzy’ of the last two years.  More →

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