Search Results for: workforce

‘Alternative workers’ unhappy with pay but value flexibility

‘Alternative workers’ unhappy with pay but value flexibility

alternative workers The UK’s ‘alternative workers’, comprising gig economy workers, freelancers and contractors, have cited lack of pay, benefits and job security as their most significant concerns in new research. Yet according to The 2020 Pulse of Talent report released by Ceridian, plenty of the 536 respondents praised the flexible and ‘interesting’ nature of the work on offer. More →

AI will transform financial services in two years

AI will transform financial services in two years

AINearly two-thirds of financial services leaders expect to be mass adopters of AI in two years compared to just 16 percent harnessing it today, a survey from the World Economic Forum and the Cambridge Centre for Alternative Finance (CCAF) claims. This is despite fears around AI, with 58 percent of the 150 senior executives surveyed expecting it to worsen discrimination in the sector and the same number expecting privacy breaches to increase. More →

Worst things bosses have said to employees dealing with cancer

Worst things bosses have said to employees dealing with cancer

It’s not unreasonable for an employee diagnosed with cancer to look to their employer for assistance, but according to one support organisation, many employers handle the situation incredibly tactlessly. To coincide with World Cancer Awareness Day today, RedArc, which provides nurses for employees with serious or long-term health conditions, has issued a list of the worst things people with cancer reported hearing from their managers. Over the past year, its nurses logged statements such as, “Perhaps you should retire”, “You’ve had your treatment now, so you should be fine” and “How long will you be off?” More →

Gig economy workers should not all have equal rights

Gig economy workers should not all have equal rights

gig economyPolicy makers should beware of classifying all gig economy workers as “employees”, a new research report has claimed. Such workers vary in age, income and education in a similar way to the traditional workforce and crafting regulations that treat both fully committed and occasional gig workers as one group is unlikely to be an efficient solution, the report from IZA World of Labor contends. More →

Failure to put employees at heart of data strategy costs UK firms £10bn in lost productivity

Failure to put employees at heart of data strategy costs UK firms £10bn in lost productivity

data strategyA new report from Qlik and Accenture, titled “The Human Impact of Data Literacy” and conducted on behalf of The Data Literacy Project, claims that while most organisations understand the incredible opportunity of data, a gap has emerged between organisations’ aspirations to be data-driven and their employees’ ability to create business value with data. The report argues that data is a ‘gold mine’ that can fuel a culture of innovation and growth as part of a data strategy. However, when employees struggle to make sense of data, productivity and business value can be affected.

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Universal Music publishes new guide to neurodiversity in the workplace

Universal Music publishes new guide to neurodiversity in the workplace

neurodiversityUniversal Music UK has published what it claims is the first handbook for embracing neurodiversity in the creative industries. It defines neurodiversity as “the infinite variation in cognitive functioning that can lead to differences in thinking, attention and memory”. The handbook, which is titled Creative Differences, explores the experiences of people with specific facets of neurodiversity such as ASD, ADHD, dyslexia, dyscalculia, dyspraxia and Tourette Syndrome. More →

Workplace culture can eat strategy for breakfast

Workplace culture can eat strategy for breakfast

It was management consultant and author Peter Drucker who coined the well-worn maxim that “culture eats strategy for breakfast”. But often it is used in the wrong way. Far from suggesting that culture alone dictates workplace function, he presented culture as a first among equals. A strategy that does not heed culture is more likely to fail. A culture without strategy is prone to go adrift. It is vital for an organisation to be aware of its own culture and subcultures. Without self-awareness, the steps to improve or nuture those within the organisation will be futile. More →

AI to do two-thirds of managers’ routine work by 2024

AI to do two-thirds of managers’ routine work by 2024

AIArtificial intelligence (AI) and emerging technologies such as virtual personal assistants and chatbots will replace 69 percent of managers’ workload by 2024, Gartner, Inc. has predicted. As well as taking over routine tasks, AI will also make work more accessible for employees with disabilities, a new report from the research and advisory company claims (registration required). More →

Most executives lack skills to lead in digital economy

Most executives lack skills to lead in digital economy

digital skillsMost executives around the world are out of touch with what it takes to lead effectively and for their businesses to stay competitive in the digital economy, a new study has claimed. Out of nearly 4,400 executives in over 120 countries surveyed by MIT Sloan Management Review (MIT SMR) and Cognizant, only 9 percent agreed that their organisation has the skills at the top to thrive in the digital economy. More →

Mental health issues force one in six into career break

Mental health issues force one in six into career break

Mental healthOne in six employees (17 percent) has been forced to take time out from their career due to stress or mental health pressures, a survey of 3,000 people has suggested. According to the research from AIG Life, 19 percent of non-retired women and 15 percent of men have taken time out from their career due to mental health pressures. The research highlights that employers risk the loss of valuable skills and experience, a drop in productivity and extra costs associated with recruiting replacement staff if they fail to support employees dealing with stress or mental health issues.    More →

The vaguery of workplace serendipity

The vaguery of workplace serendipity

It has become vogue to refer to the workplace as being ‘all about people’. It points in all directions at once. Organisations need fit, healthy, happy, skilled, motivated, engaged and purposeful people being (and feeling) productive and doing their best work every day. They want their people working closely together – they’ve spent a lot of time and money drawing in those they feel can contribute to a whole that is other than the sum of the parts. More →

New generation prefer technology to face-to-face negotiation

New generation prefer technology to face-to-face negotiation

Digital negotiationYounger decision makers are increasingly relying on technology such as emails, video conferencing and WhatsApp in negotiations with suppliers, rather than speaking to them face-to-face, new research from Barclaycard Payments has claimed. Despite supplier negotiation being regarded as an ‘art’ by seven in 10, many said it will increasingly be conducted digitally over the next five years (68 percent). More →