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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Amsterdam-based Randstad's annual Workmonitor report, released Wednesday for 2024, found that 39% of workers don't want to be promoted because they like their current jobs. Related stories"This means people's motivation at work is not necessarily just driven by promotions," Randstad CEO Sander van 't Noordende told Business Insider. "They must also realize that career progression and maintaining a healthy personal life are intertwined and need to be balanced."
Persons: , Sander van, Gen, van, Noordende Organizations: Service, Business, Employers Locations: Amsterdam, Europe, Asia Pacific, Americas
Randstad: Most employees think AI skills will boost their career
  + stars: | 2023-09-06 | 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 EmailRandstad: Most employees think AI skills will boost their careerSander van‘t Noordende, CEO of Randstad, discusses the company's latest survey on how AI is impacting the future of work and how employers need to step up AI training for their workforce.
Persons: Sander van‘t Noordende
July 25 (Reuters) - Randstad (RAND.AS), the world's biggest staffing firm, on Tuesday flagged weaker demand in a "challenging" jobs market, even as it beat expectations for second-quarter core earnings. "We've had an enormous surge in demand post-COVID ... from there we have sort of gradually seen demand pull back," he added. The company's shares recouped early losses to rise 3.5% by 1013 GMT, as its quarterly core profit beat market forecasts. Underlying earnings before interest, tax and amortisation (EBITA) fell 12% to 271 million euros ($299.8 million), but exceeded the 260 million seen in a company-provided poll. An employer survey from the World Economic Forum earlier this year found that employment could decrease 2% by 2027.
Persons: Sander van't Noordende, We've, Marc Zwartsenburg, Randstad, van't Noordende, Olivier Sorgho, Jacqueline Wong, Milla Nissi, Emma Rumney Organizations: ING, Economic, Thomson Locations: U.S, Britain, China, North America, Europe, Northern Europe, Asia, Pacific, America, Gdansk
LONDON, May 16 (Reuters Breakingviews) - Hiring seems to be waning in the US and Europe. Yet in this Exchange podcast, recruitment boss Sander van ’t Noordende strikes a hopeful note. The Randstad CEO explains why artificial intelligence and a possible economic slump are doing nothing to dampen demand for talent. Listen to the podcastFollow @aimeedonnellan on TwitterSubscribe to Breakingviews’ podcasts, Viewsroom and The Exchange. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRandstad CEO: A.I. will support tasks, but human skills still neededSander van't Noordende, CEO at Randstad, speaks to CNBC's Steve Sedgwick from the World Economic Forum's headquarters in Geneva, Switzerland.
The four-day workweek was also discussed in a panel at the World Economic Forum earlier this year. "We have had a static, for many countries, five-day week for about a century," Grant said Thursday at his panel discussion called "The Four-Day Week." While a four-day workweek seems like an obvious answer, there are some key factors to consider before making the change, they agreed. But there are productivity benefits to giving employees more time to invest in themselves, which could come through the four-day workweek or other rescheduling methods. Flexibility through reorganizationWhether it be a four-day workweek or another method of schedule restructuring, a focus on both flexibility and productivity also benefits companies, van 't Noordende said.
Workers surveyed in China are the least likely to retire as soon as possible — even "in an ideal world," Randstad said. Edwin Tan | E+ | Getty ImagesThe cost of living crisis is delaying the retirement plans of working professionals worldwide, said recruitment agency Randstad. Its latest Workmonitor report found that only half of surveyed workers believe they can permanently leave the workforce before they turn 65, down from 61% last year. The annual report surveyed 35,000 people across 34 markets for their sentiments on the world of work. Workers feel they "need" work in their lives because having a stable job allows them to "feel valued and respected" by their peers, he added.
Some US workers aren't provided much vacation, while others are leaving unused days on the table. Including paid holidays as well as vacation days, the average American took over 20 days off between 1978 and 2000, but this has fallen to roughly 17 days in recent years. The fact that many vacation days are left unused is even more notable when one considers how few vacation days most Americans have to begin with when compared to the rest of the world. The US is the only country in the OECD, a group of 38 of the world's most developed nations, that does not require businesses to offer any paid vacation or paid holidays. For these people — many of whom are among the lowest-wage workers — choosing to not use all of their vacation days isn't even an option.
Four-day work week trials across the world have been successful for both employers and workers. But when it comes to the four-day work week, that's "an upper-class issue," Gennip said. "They're happy to do a 15-hour stretch, but they want an eight-hour break"Recent studies show that four-day work trials have been big successes. "We have Amazon workers who do four-day work weeks, but ten hours days, and they would prefer five eight-hour days." "Some people would rather have a five-day work week and have six weeks off," she said.
The World Economic Forum in Davos, Switzerland, included a panel on the four-day workweek. "We have had a static, for many countries, five-day week for about a century," Grant said Thursday at his panel discussion called "The Four-Day Week." While a four-day workweek seems like an obvious answer, there are some key factors to consider before making the change, they agreed. The four-day week "is very much a discussion for the upper class," van Gennip said. Flexibility through reorganizationWhether it be a four-day workweek or another method of schedule restructuring, a focus on both flexibility and productivity also benefits companies, van 't Noordende said.
Talent scarcity is here to stay, warns Randstad CEO
  + stars: | 2023-01-18 | 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 EmailTalent scarcity is here to stay, warns Randstad CEOSander van't Noordende, CEO of global staffing company Randstad, discusses the changing nature of work, and his outlook for employment in Europe.
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