Tag: remote work

Fight For Jobs! Young Staff Must Spend More Time In the Office Because of AI, Says PwC’s UK Boss
Technology

Fight For Jobs! Young Staff Must Spend More Time In the Office Because of AI, Says PwC’s UK Boss

[ad_1]  Junior staff should spend more time in the office to get quicker promotions, the UK boss of accounting giant PricewaterhouseCoopers said, as AI is poised to take on routine tasks traditionally given to younger workers.Generative AI is removing “tasks that in the past our more junior staff trained and cut their teeth on,” Kevin Ellis, the chair of PwC UK, said during an interview at the World Economic Forum in Davos, Switzerland. Without those tasks, “you've somehow got to get people through the career path faster,” he added. “It's a lot more face-to-face time being important and a lot more developing,” Ellis said. “So you have to get people in the office more working together.” We are now on WhatsApp. Click to join.Companies have been trying to convince staff to spend more time ...
Will Remote Work Continue in 2023?
Technology

Will Remote Work Continue in 2023?

[ad_1] With recession worries growing, power may shift back to employers and threaten perks gained during the pandemic. If the US job market continues to weaken next year, companies will be emboldened and may pull back on letting employees work remotely.Executives generally fall into two camps on working from home, which surged during the pandemic when workers gained leverage during a tight labor market. Some believe it has advantages, like happier employees, while others say company culture is built in the office. “There's a genuine divergence between organizations,” said Melissa Swift, a workforce transformation leader at consultant Mercer. “You're starting to see companies pick sides.”That said, remote works looks like it's here to stay. Gallup projects that about 75% of remote-cap...
San Francisco Sees Risk of Lost Revenue as Remote Work Prevails
Technology

San Francisco Sees Risk of Lost Revenue as Remote Work Prevails

[ad_1] San Francisco could lose around $200 million by 2028 in property tax revenue because of offices emptied as people work from home, . San Francisco could lose around $200 million by 2028 in property tax revenue because of offices emptied as people work from home, under the worst case scenario detailed in a report from the city's chief economist Ted Egan.The hub of the technology industry is experiencing record office vacancies. They could rise to about 31% by the fourth quarter next year in the most pessimistic case, warned Egan in the presentation for a board of supervisors's committee hearing Wednesday. Commercial property values would fall, and that would mean less revenue for the city from property taxes. In the short-term, the risk is lessened by long-term leases and the fac...
Gen Z Employees See Digital Tools as a Way to Win at the Office
Technology

Gen Z Employees See Digital Tools as a Way to Win at the Office

[ad_1] New research showed that 40% of 16 to 24-year-olds in London jobs find it easier to volunteer for key tasks and ask questions when working remotely. It's become one of the unwritten codes of the new hybrid office: that younger staff working from home have fewer opportunities to network and learn at work. The problem with that analysis? Younger staff don't believe it. New research from King's College London showed that 40% of 16 to 24-year-olds with a workplace in the UK capital find it easier to volunteer for key tasks and ask questions when working remotely. Conversely, their older peers are more inclined to see working from home as a barrier to learning and networking. “Younger workers are more likely to see the positive potential in how the use of technology can flatten...
Working From Home Is Not an Urban Escape Hatch
Technology

Working From Home Is Not an Urban Escape Hatch

[ad_1] Contrary to popular perception, the nation’s WFH hotbeds are big-city neighborhoods and expensive suburbs. The mass shift to remote work during the pandemic allowed people with professional and management jobs to do them effectively from mountaintop aeries, beachfront cottages and exotic foreign locales. Mainly, though, it seems to have enabled residents of big-city neighborhoods and close-in suburbs to avoid going to offices that were in some cases within walking distance of their homes. These numbers are from the 2021 edition of the American Community Survey, a sort of mini-census that the US Census Bureau sends out to 3.5 million households each year. They come in response to the multiple-choice question, asked of household members who were already reported to have perfor...