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AI is emerging “as a great disruptor in the world of work,” Denis Machuel, chief executive of Adecco Group, said in a statement. Some 46% of executives said they would redeploy employees internally if their jobs were impacted by AI. Responses from more than 800 global companies showed that a quarter of them expected AI to cause job losses, while half thought the technology would create new jobs. The WEF said employers expected most technologies, including AI, to be “a net positive” for jobs over the following five years. Still, that offers little consolation to the workers AI has already helped push out.
Persons: ” Denis Machuel, Goldman Sachs Organizations: London CNN, Adecco Group, Oxford, Adecco, World Locations: Swiss, United States, Canada, Germany, Japan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAdecco Group CFO: Seeing growth across Europe including in GermanyCoram Williams, CFO at the Adecco Group, discusses full-year results, and explains why the company is benefitting from diversification across a range of sectors and territories.
Persons: Germany Coram Williams Organizations: Adecco Locations: Europe, Germany
European markets are heading for a higher open Thursday as investors look ahead to key inflation reports in both the U.S. and Europe. Stateside, personal consumption expenditures price index data (the U.S. Federal Reserve's preferred measure of inflation) for January is due, and will be watched closely to see how it could affect the Fed's interest rate path. German, Spanish and French inflation data for February is also set to be released in Europe. It's a busy day for regional earnings, with AF-KLM, Veolia, Adecco Group, EDP, IAG, Ocado, ITV, Man Group, Schroders, Covestro and Anheuser-Busch InBev all reporting. U.S. stock futures fell overnight as Wall Street weighed the latest earnings results and looked ahead to the Federal Reserve's favored inflation gauge.
Persons: U.S . Federal Reserve's, It's Organizations: U.S, U.S . Federal, AF, KLM, Veolia, Adecco, ITV, Man, Anheuser, Busch InBev, Federal Locations: Europe, U.S ., Ocado, Asia, Pacific
And among those that do, less than a third selected any single benefit such as subsidized child care services (11%), child care referrals and consultations (28%); and back up child care (26%), which gives parents access to a daycare center or babysitter when their usual child care arrangements fall through on a given day. Among those, 37% offer access to backup child care, 16% subsidize child care and 10% provide onsite child care. Among respondents who said they were thinking of quitting their jobs, 41% said their compensation was not high enough to cover child care costs, and 30% said they didn’t have adequate child care. An onsite child care center like one from Bright Horizons can provide licensed and trained care providers and well-qualified early education teachers. Other options to ease working parents’ experienceFor many employers, though, an onsite child care center may be tough to swing.
Persons: , Jessica Chang, “ Covid, ” Chang, Mercer, It’s, We’ve, Stephen Kraemer, Kraemer, hadn’t, Carmen Perez, Perez, Seda, Chang Organizations: New, New York CNN, US Department of Labor, US Department of Health, Human Services, Century Foundation, “ Employers, Adecco Group, Bright Locations: New York, United States, California
Adecco Pledged to Find Jobs for 85,000 Refugees
  + stars: | 2024-02-14 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: 1 min
ZURICH (Reuters) - Adecco Group will help 85,000 refugees find jobs and train 17,000 people by the end of 2027, the staffing company said on Wednesday. The Swiss company said it was also launching a dedicated website to help refugees find jobs. "No one chooses to be a refugee. The pledge to help refugees was an increase from a promise made by Adecco in June 2023, when it said it wanted to find jobs for 50,000 refugees and provide technical and language training for 10,000. Photos You Should See View All 22 Images(Reporting by John Revill, editing by Kirsti Knolle)
Persons: Christoph Catoir, Adecco, John Revill, Kirsti Knolle Locations: ZURICH, Swiss
Exit interviews are a valuable tool for companies that want to make their workplaces better. Exit interviews are an effective tool for companies looking to make their workplaces better. "Exit interviews are seen as uncomfortable, time-consuming, and just plain inconvenient," Peter James, an executive leadership coach, told Business Insider. "Exit questions need not be complex but should ideally address what we know, what we think we know, and what we should know," James said. "By the time an employee has made it to the exit interview, they've already submitted their resignation letter or email.
Persons: , Peter James, Chris Bellezza, James, Burgette White, White, Burgette, Desmond Attmore, Brian Wright, it's, I've, Devika Brij, Brij, Attmore, they've, They've Organizations: Service, Adecco, Employees, Staff Locations: America
That's where progress often falls short, according to the annual Women in the Workplace study from Lean In and McKinsey. "The 'broken rung' is the biggest barrier to women's advancement," said Rachel Thomas, Lean In's CEO and co-founder. "Companies are effectively leaving women behind from the very beginning of their careers, and women can never catch up." Largely due to systemic bias, women are prevented from getting the same opportunities to advance, Lean In's report found. "Women tend to look for mentors and men tend to look for sponsors who will help them negotiate," she said.
Persons: Rachel Thomas, Lean, Thomas, , Stefanie O'Connell Rodriguez, Laurie Chamberlin Organizations: Fortune, Lean, McKinsey, Companies, Adecco, Mentors, Gallup Locations: America, North America
For men, the average lowest wage they would be willing to accept for a new job is $91,048, about $25,000 more than the average women would accept, which currently stands at $66,068. Regarding her first job as a senior analyst in 2017, El-Amin said, "I was offered $68,000, I countered and asked for $72,000," she said. In her most recent role, El-Amin, now 28, earned $200,000, she said. Negotiate for higher pay Differences in the way women and men approach negotiating their pay has played a role in the gender pay gap, research shows. "Women tend to look for mentors and men tend to look for sponsors who will help them negotiate," she said.
Persons: Cinneah El, Amin, I've, El, Barnard, Aronstein, Trevor Bogan, Bogan, Laurie Chamberlin, Chamberlin, Alex Gailey Organizations: New, Federal, Barnard, Columbia University, Finance, Pew Research Center, Top Employers Institute, Adecco, Mentors, Gallup Locations: El
The talent market is very dynamic, Adecco Group CFO says
  + stars: | 2023-02-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe talent market is very dynamic, Adecco Group CFO saysCoram Williams, CFO of Adecco Group, discusses the European staffing company's latest results and the state of the labour market more broadly.
40% of employees who participated in the UK's four-day work week trial reported fewer sleep issues. The UK's four-day work week trial, one of the largest in the world, saw 61 companies participate in the trial. In the 4-day work week pilot, 46% of employees reported experiencing less fatigue than usual, and 14% said they experienced more. In addition to better sleep, participating employees reported other benefits of working 32 hours instead of 40 for the same amount of pay. Thirty-nine percent of employees reported feeling less stress, and 71% felt less burnout by the end of the trial.
But Claudia Garcia, a recruiter, said that the ease of online applications inflates the numbers. So while getting the job might look like a long shot, your odds are better than you think. That's according to Claudia Garcia, a senior specialty recruiter for Pontoon Solutions, which is part of the staffing company The Adecco Group. "Don't be intimidated," Claudia Garcia, a senior specialty recruiter for Pontoon Solutions, said. The lesson for job seekers is clear: While getting the job might look like a long shot based on the sheer number of applicants, your odds are better than you think.
Insider spoke to several workplace experts who advised how to say no to extra work when things become overwhelming. Burnout results from chronic workplace stress and shows itself through feelings of increased exhaustion, negativity, and reduced efficacy in the workplace, according to the World Health Organization. One of the best ways to avoid burnout is by managing stress that can be exacerbated by taking on too much work. Insider spoke to several workplace experts who advised how to say no to extra work when things become overwhelming. He said if the job feels perfect except for certain demands, workers should ask themselves if they think the job will improve soon.
Switching back to work mode after a few days of sleeping in, unwrapping gifts and popping champagne can be brutal. But even though the spell of holiday magic might have worn off, you don't have to go back to work in despair. "The first week of the year is like a warm-up period," Laith Masarweh, the CEO and founder of Assistantly, a virtual assistant staffing company, tells CNBC Make It. [Just] do your best to be positive and let yourself get excited for the new year ahead." Masarweh recommends starting your day with a brisk walk or run outside, or a different short exercise, which will "really get your mind working and set you up for success."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSeveral sectors are displaying growth despite economic uncertainty, Adecco CFO saysCoram Williams, CFO of Adecco Group, discusses the human resources company's third-quarter earnings and the dynamicity of the labour market.
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