HRM and skills development – August 2024
CEOs under pressure to improve human sustainability
Deloitte has released a new report in collaboration with research firm Workplace Intelligence revealing growing pressure for companies to prioritise human sustainability: the degree to which an organisation creates value for people as human beings, leaving them with greater health and well-being and for example greater employability. Around 8 out of 10 CEOs, say they are feeling pressured to make public commitments to improve human sustainability from employees (82%), customers (78%), investors (78%), partners (77%) and board members (77%).
Where and how does the human-robot interaction change the workplace?
The extent of interaction between workers and robots is expected to increase in modern workplaces due to rapid advancements in robotic technologies. Drawing on survey data and case studies investigating advanced robotic systems and applications, a new report (603 kB) by Eurofound explores the opportunities and challenges that come with closer human–robot interaction, with a view to contributing to the broader policy debate on the automation of work.
Between hope and fear: companies embrace AI and go for skills growth
The rapid adoption of (Gen)AI in businesses is creating a split-screen effect. On one side, employees are reporting increasing confidence in these tools over the past year as they use the tools more frequently. On the other side, employees who regularly use GenAI tools are more likely than others to worry about job loss. Overall, 49% of regular users believe that their job may disappear in the next ten years, compared with only 24% of employees who do not use GenAI. These hopes and fears emerge from a global survey (337 kB) by BCG under 13,102 employees.
The great hesitation: less job changing in sight?
Bank of America has published an analysis (177 kB) on how many people are changing jobs in the US market, based on internal data. Focusing on job-to-job (J2J) moves, they find little sign of significant slowdown, and the rate of J2J moves is still above 2019 levels. However, the median pay raise people are receiving when changing jobs is dropping back. In fact, it is about half the amount that it was at the time of the "Great Resignation" and is currently below 2019 levels.
Freshworks findings: AI is transforming workplace productivity
According to a new global survey of 7,000+ full-time employees by Freshworks, AI is proving to be a valuable tool for knowledge workers, with 55% of the employees using AI-enhanced applications at work. What is more, 72% trust AI to bring value to their work processes—and 81% of employees trust AI because they believe its quality of work is good or it makes their team more productive. You can download the report after filling in your details.
Staff wellbeing crucial for business growth, says ABN AMRO survey
The labour market is still very tight in The Netherlands. According to a forecast (1.84 MB) by ABN AMRO (in Dutch), businesses are expected to struggle with a structural labour shortage, partly due to an ageing workforce. Employers will therefore have to commit to increasing employee wellbeing, not only to recruit staff more easily and keep them longer, but also to increase labour productivity.
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