Women@Work
51% of women are less optimistic about their career: Deloitte Global study According to a new Deloitte Global report, the pandemic has had a significant impact on women and work, creating a “perfect storm” of more work, increased caregiver duties, and non-inclusive behaviors in the workplace. The global survey of 5000 women across 10 countries reveals that
51% of those surveyed are less optimistic about their career prospects today, noting a 35-point drop in mental health and a 29-point drop in motivation at work compared to pre-pandemic times. Unsurprisingly, these conditions are having a detrimental effect on retention, turnover, productivity, motivation, and overall satisfaction.
Employer Branding
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PeopleStrong expands to Australia & New Zealand
Talent Acquisition
PwC plans to hire 100,000 people over five years
PwC unveiled The New Equation based on an analysis of global trends and conversations with clients and stakeholders. As part of this, PwC firms will invest US$12 billion over the next five years, creating over 100,000 net new jobs across PwC, as well as continuing to develop the skills of PwC’s partners and employees. It combines expertise in audit, tax, and compliance activity with an expansion of specialist capabilities including cybersecurity, data privacy, ESG, and AI. 8
| July 2021
Enterprise HR Technology company PeopleStrong expands to Australia and New Zealand markets with SaaS-based, AI-enabled HR solutions that range from applicant tracking & recruitment technology to talent management. To give direction & purpose to this strategic initiative, PeopleStrong has appointed Philippa Youngman (previously CEO Pivot Software) as their Principal advisor for the region, who will drive the growth strategy in the region. On the expansion, she says "The HR Tech market in New Zealand and Australia is quite fragmented & has a huge potential for us as an integrated workforce & employee experience platform."
Talent Acquisition
The rise of 'work from anywhere' puts 6 Mn UK professional jobs at risk Tony Blair Institute for Global Change has warned that 5.9 Mn "anywhere" workers - from graphic designers to software programmers - are at risk, many of them in London and Southeast England. The jobs at risk also include 1.7 million in finance, research, and real estate. As per the research firm, the outsourcing and offshoring of these roles would have political, economic, and social consequences similar to the loss of manufacturing jobs in the 1970s, that too on an accelerated time frame.