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UK economy could get a £550 billion boost from AI by 2035, Microsoft claims

Workplace Insight

Strategic use of AI in the public sector could save the UK £17 billion by 2035, enough to fund salaries for over 330,000 nurses. AI is already being used in the NHS for early cancer and disease detection, potentially saving an additional £500 million by 2030. The report also claims to dispel concerns about AI replacing jobs.

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Kingfisher provides benefits security through bulk annuity purchase

Employee Benefits

Credit: ClimbWhenReady / Shutterstock In the UK, home improvement firm Kingfisher’s pension provision comprises a closed final salary section, with 28,000 deferred and pensioner members, and an open money purchase section, with 70,000 active and deferred members.

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What does the modern company car scheme look like?

Employee Benefits

Car salary sacrifice arrangements are popular with employees due to the low cost and access to low and zero-emission vehicles. Salary sacrifice schemes have surged in popularity; the British Vehicle Rental and Leasing Association’s January 2023 Leasing outlook report highlighted that there has been a 20.5%

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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

billion women worldwide by 2030. Firms should also provide salary sacrifice schemes to help women set aside pre-tax salary to support their health and wellbeing. Menopause: Over a third of a woman’s life is spent in peri- or post-menopause, affecting 1.2 Shared parental leave is also a must.

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A 3-day Workweek Could Complicate the Future of Work

HR Digest

Amazon, Kickstarter, Hutch, Blackbird Interactive, and many others have made the graceful leap towards 4-day workweeks , offering employees full salaries for their 8-hour work days. On the flip side, they predict that 15 percent of the global workforce could experience displacement by automation between 2016-2030. trillion to $5.8

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Blue-collar labor shortage: How top employers are avoiding it

Business Management Daily

A new report by The Conference Board research group warns that blue-collar labor shortages will continue at least through 2030. Baby boomers perform much of the nation’s blue-collar work, but they are retiring in droves, a trend that will continue through 2030. Why are blue-collar jobs now harder to fill than white-collar jobs?

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The Top 10 Stress Free Jobs: Is It Work Or Play?

HR Digest

Median Salary – $77,000. One of the best stress free jobs that pay well, web developers are always in high demand and vacancies are expected to grow by 13% from 2020 to 2030. Median Salary – $86,280. Median Salary – $86,200. Median Salary – $77,080. Median Salary – $60,000. Web Developer.