The latest L&D news, reports, research and updates, personally compiled by TJ’s Editor, Jo Cook
Most leaders have no AI training, which could negatively impact security, privacy and corporate competitiveness, study finds
Most vice presidents and directors (58%) have never attended an artificial intelligence (AI) training or course, a study by General Assembly, a tech training and talent solutions provider, found. Nearly half (46%) said their company has no AI usage policy.
While only 26% of executives think there’s a chance AI could replace their jobs in the next ten years, a significant majority (79%) said AI could likely replace some of the employees who work for them.
New professional network launches with ambitious vision for learning and development in Norfolk and Suffolk
The founders of a new professional network have laid out an ambitious plan to develop the learning and development (L&D) landscape in Norfolk and Suffolk.
The network, called Elevate East, was launched at a sold-out event at the Norfolk Showground in late November. The aim of Elevate East is to lift the profile of L&D in the east of England and raise the standards in the field.
New State of the Workforce study reveals key obstacles to workforce change readiness
meQuilibrium has released its groundbreaking State of the Workforce Report, the only comprehensive analysis of the intersection of workforce performance and well-being. This inaugural edition focuses on how a lack of workforce change readiness and surging workplace psychosocial risks impact organisations and their people.
The report analyses survey responses from 6,724 employees and 248 HR executives. It provides actionable insights for protecting employee well-being in times of change, mitigating widespread psychosocial risks, and building resilient change readiness.
CSR and support for local driving reward and incentive decisions
In the research undertaken by Miconex with over 4000 organisations, employees and consumers, 80% of organisations said they have changed some aspect of their reward and incentive initiatives over the past 12 months, prompted by changing employee needs (62%), changing working practices (22%) and changing organisational needs (16%).
From the perspective of changing organisational needs, 94% said their rewards and incentives align with their organisational purpose and values. 89% said supporting local businesses/their community was important to their organisation and 84% said corporate social responsibility has become more important to their organisation over the past 12 months.
England’s youth skills show dramatic improvement since 2012
Young adults’ literacy and numeracy skills have improved in the last decade, according to new findings from an international survey of adult skills. Overall, adults in England scored above the international average across numeracy, literacy and problem solving, with a significant increase in numeracy scores since 2012. Within the G7 countries, England is second only to Japan in literacy and problem solving, and outperformed only by Japan and Germany in numeracy.
The Survey of Adult Skills is part of the Programme for the International Assessment of Adult Competencies (PIAAC) led by the Organisation for Economic Cooperation and Development (OECD).
89% of employers would value a better understanding of the risk profile of the health and wellbeing of employees
In research conducted by Towergate Employee Benefits, the vast majority (89%) of employers stated it would be valuable to have a better understanding of the risk profile of the health and wellbeing of their employees. However, less than half (46%) of employers strongly agreed that they have a good understanding of this in practice.
Employers see many advantages to risk profiling employees’ health and wellbeing; they state it enables them to tailor health and wellbeing support to:
- Keep employees healthy and in work: 60%
- Aid recruitment and retention: 54%
- Prioritise the most relevant support if they offer: 53%
63% of financial services sector say they struggle to attract younger talent
A new survey of respondents working in UK financial services businesses has identified the key investment areas for UK financial services businesses looking to attract, retain, and develop top talent.
The research from Davies, the leading specialist professional services and technology business serving insurance and highly regulated markets, found that while 70% of respondents agreed that their organisation has a positive supportive culture, 63% felt that more encouragement was needed to attract younger people to the financial services industry.
The research also found that the top challenge when attracting top talent was meeting/exceeding salary, with 43% of senior leaders citing it as a challenge.
