Workplace Insight

MAY 3, 2023

Almost a quarter of jobs are expected to switch in the next five years according to a new report from the World Economic Forum. The Future of Jobs Report 2023 suggests that tasks are seen as no more automated now than they were three years ago when the report was last published.

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FEBRUARY 27, 2024

Cruise trains autonomous vehicles on actual city streets — and that is as challenging as it sounds. Last year, an incident in San Francisco left a pedestrian hurt and ultimately led to the suspension of Cruise’s license in California. In the U.S.,

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Workplace Insight

NOVEMBER 14, 2022

Owl Labs and Global Workplace Analytics have just released their sixth annual State of Remote Work report. Here are some of the key findings from the report: The push and pull of remote work continues. Training is undervalued by employers. Lack of training may be to blame. Stress levels are up.

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FEBRUARY 28, 2024

A recent survey conducted by the Workforce Lab from Slack , reveals that AI use in the workplace has increased by 24%, with 1 in 4 desk workers reporting that they have tried AI tools for work as of January 2024. For comparison, Slack’s September 2023 data revealed only 1 in 5 desk workers reported to have tried the technology.

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JANUARY 8, 2024

Additionally, the adoption of AI in the professional services industry is partly driven by economic pressures, as professional service firms including Deloitte, EY, KPMG, and PwC seek cost reductions amid an uncertain economic climate.

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OCTOBER 18, 2022

Companies are more concerned with mitigating costs than they are hiring new team members. . Amidst the consequences of the pandemic, companies are more concerned with mitigating costs than they are hiring new team members. . Allwork.Space spoke to three HR leaders to gauge their opinion on the practice of labor hoarding. .

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APRIL 14, 2024

Gallup recently highlighted that 70% of leaders reported they don’t have the formal training to lead a distributed team—whether remote or hybrid. Gallup recently highlighted that 70% of leaders reported they don’t have the formal training to lead a distributed team—whether remote or hybrid.

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APRIL 6, 2023

The sunk cost fallacy can lead leaders to continue an unsuccessful hybrid workplace policy rather than getting needed advice and training to improve their approach. A Mercer survey of 800 HR leaders found 94% reported equal or higher productivity with remote versus in-office work. By contrast, 5% planned to increase it.

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AUGUST 4, 2023

Fox Business reports that there is a pervasive cultural stigma in the U.S. These disruptions may lead to broader economic and societal effects, including escalating costs for housing and infrastructure projects.

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JANUARY 25, 2023

A 2021 McKinsey report on AI adoption surveyed nearly 2,000 executives and managers and found that 56% of respondents reported AI adoption in at least one function—and more than two-thirds planned to increase that investment over the next three years. GPT-3 stands for third-generation Generative Pre-trained Transformer).

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JUNE 20, 2022

Of the workers who said their current employer offers employee tuition benefits, 86% report their general level of happiness as fairly or very happy in their current job. . What if your employer was willing to cover any costs associated with this type of upskilling/education? Study highlights : .

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MAY 8, 2023

Why it matters: Gregory Daco, chief economist at EY-Parthenon, believes that the d ecline in productivity worsens compensation pressures, pushes up unit labor costs, and contributes to inflationary pressures. One possible reason for this decline in productivity is the high rate of job-hopping during the pandemic – known as the “great resignation”, (..)

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MAY 4, 2023

Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally. Companies offering remote work options can also save on cost-of-living expenses by hiring talent in more affordable regions, both domestically and internationally.

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JUNE 19, 2023

According to the 2022-2023 Aflac WorkForces Report , 59% of American workers are reporting moderate or higher levels of burnout. For instance, it could take hours building contact spreadsheets, writing reports, answering emails, attending webinars and conducting research, just to name a few,” she says.

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MAY 31, 2022

A report reveals the growing number of ‘hidden workers’ who are unemployed but eager to work. Harvard Business School and Accenture surveyed over 8,000 hidden workers for the report, and more than 2,250 executives across the US, UK and Germany. The report estimates that there are around 27 million hidden workers in the US alone.

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JULY 31, 2023

A report in Science Daily shows that the stress caused by social exclusion or negative social experiences can activate brain circuits associated with physical pain. The first layer is the most critical and does not require significant cost or time investment. We now know that social pain hurts both psychologically and physically.

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JUNE 15, 2023

According to a report by McKinsey, 87% of US workers want flexibility, but 50% of employers want employees back in the office. Last year, a World Employment Confederation report highlighted some of the reasons for this mismatch and how the issue could be resolved.

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FEBRUARY 17, 2023

This can lead to raises and promotions for those overachievers, and less of a cost burden on the company to onboard a new team member. Economists are predicting a 64% chance that 2023 will manifest a dreaded recession , Bankrate reports. On average, every time a company needs to rehire externally, it costs the organization 1.5

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MARCH 8, 2023

Not supporting mental health in the workplace comes at a huge financial cost. Deloitte’s 2022 Mental Health and Employers report highlighted that the total annual costs of absenteeism, presenteeism and labour turnover have increased by 25% since 2019, reaching an estimated annual total of £53-56 billion in 2020-21.

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Workplace Insight

APRIL 17, 2024

Now, they’re routinely outperforming people on a range of tasks, according to a new report from the Stanford Institute for Human-Centered Artificial Intelligence (HAI). Led by a team of experts from academia and industry, it’s one of the most in-depth reports on the technology and its impact available. percent in 2022.

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JULY 5, 2023

This trend is seen across various industries, including healthcare, customer service, data entry, and tech support. The Wall Street Journal reports that the average number of hours that employees spent working at home per day went up among high school graduates with no college degree by 42 minutes from 2021.

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Workplace Insight

MARCH 13, 2024

However, anonymised movement data from O2 Motion showed that the majority of workers had faced public transport delays of more than an hour, in a year marked by high levels of industrial action from train drivers and railway station workers.

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MAY 25, 2023

A report by Regus revealed that local economies stand to benefit from coworking spaces located outside of metropolitan areas. Since most flex workspaces are closer to home, they can also significantly reduce the carbon footprint associated with daily commuting, as well as help their users save money on transportation costs.

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Small Business Labs

JUNE 9, 2015

Corporation report increasing problems finding qualified people. According  According to a recent survey by the employment consulting group Manpower , companies are facing a "crippling talent shortage" At the same time, many people report being unable to find work.

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DECEMBER 10, 2023

They achieve productivity more quickly; they cost less in total, and they’re a more flexible cost; they require less emotional investment from their employers; and they take less time and effort to replace. Source: “The Real Cost of Freelance vs. Full-Time Employees” What is a freelancer? It’s growing.

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AUGUST 18, 2023

The reporters in her newsroom have been using OtterAI, an online assistant that records and automatically transcribes audio files, to transcribe interviews for years, and it has saved her reporters endless hours and headaches. Grace Alexander is a full-time copywriter who has lost clients to AI. One consideration is transparency.

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Small Business Labs

MARCH 24, 2015

The chart below, which shows a decline in employer-provided and on-the-job training in recent decades, has been making the rounds in the economic blogs. It comes from the 2015 Economic Report of the President  (page 147), which is prepared annually by the President's Council of Economic Advisers for Congress.

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Eat Your Career

FEBRUARY 21, 2023

What You Need to Know In order to manage your CEUs, you first need to know how many hours of continuing education are required to maintain your certification, in what time frame they need to be completed, and what kind of training or independent study qualifies. Personally, I also like to report as I go.

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APRIL 4, 2024

Financially, Americans are facing significant inflation costs, causing some to rethink just how much they want to buy those extra groceries or if that trip they’d planned is still worth taking. Two-thirds have reported that they are able to get by, but they don’t have much for extra expenditures. How much does a house cost?

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DECEMBER 10, 2023

Today, this choice is being influenced and indeed made by every human who reports to an office. A LinkedIn study reported in the Guardian indicates that more than a third of U.K. Invest in cost-effective, high-impact physical enhancements. And that power is real. workers would “quit if told to return to the office full-time.”

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Success

SEPTEMBER 6, 2022

This became even more true during the pandemic: A 2021 national survey of more than 2,000 nonprofits by the Federal Reserve and the National Council of Nonprofits found that 75% of nonprofits “indicated that demand for their services had increased compared with pre-pandemic levels,” while 40% reported a decrease in staff.

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MARCH 13, 2023

Stonehouse explains it’s also costs associated with flights, transportation, meals, parking, interview wardrobe, devices on which to conduct a remote interview and more. Here’s how to identify and determine which costs are reasonable requests. It’s not just the time itself candidates lose.

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FEBRUARY 27, 2023

They also need to weigh up whether they are prepared to lose staff to other companies that take a more empowering approach to supporting employee productivity. Additionally, they need to be wary of AI models (often trained on databases of previous subjects’ behavior) which have proven inaccurate and baked in bias.

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JUNE 3, 2022

Failure to address workplace stress is currently costing an estimated $190m billion in healthcare costs. Bill Howatt : Howatt HR published a report of over 8,000 participants on the Mental Fitness Index (MFI) 2.0 The month of May is dedicated to? There is currently too much guesswork without robust evidence.

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JUNE 6, 2023

But the rising cost of living, recent job cuts, and salary freezes have resulted in a period of uncertainty that’s affecting peoples’ job prospects and future careers. A report published by Townsq suggests that “good things happen for people, places, and communities when people can walk to work” — such as improved overall health.

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MAY 17, 2022

Becoming future-resilient will largely entail on-the-job training and furthering-education programs. For instance, Capital CoLAB is a company that has credentialing programs and other education and job training services, which is projected to create over 130,000 jobs over the next five years. .

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MARCH 21, 2024

These “therapists,” functioning as LLM (Large Language Model) chatbots, are trained on vast internet datasets to address mental health concerns. BBC News has reported on Limbic Access (a therapy chatbot) and its seal of approval from the government, whilst the U.S. In the U.K.,

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