- A + A (Nov 16): It’s a question UK staff at firms ranging from big banks to small startups have been asking for months: “Could you pay me in dollars instead of pounds?” It felt like a no-brainer to Hamish Drake, a senior director at recruiter Montresor Legal in London. His client was a large US law firm. The contract they negotiated was based in dollars. And with sterling sliding to its weakest level against the greenback since the mid-1980s, being paid by the client in dollars rather than pounds would have meant making more money for the same amount of work. The answer was “no.” Drake’s experience illustrates the conflicting interests of staff and employers at multinational firms as the pound remains weak relative to major peers. Inflation is biting for everyone in Britain. But for a small group of well-paid professionals with foreign connections — and financial obligations — the drop in sterling has translated into a significant hit. Some are American expats … [Read more...] about UK employees seek pay in dollars as pound weakness hits salaries
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Share to Twitter Share to Linkedin Jason Foster is CEO of Cynozure and author of Data Means Business. Chief data officer, data engineer, data scientist—a decade ago, these job titles barely existed, let alone were considered fundamental to a successful business. Any data analysis—if it was even done—would have likely been managed by the "IT department," which, as stereotypes would have us believe, was a group of workers in a dark room full of screens tapping away on a keyboard. In today’s world, gone are the banks of underground IT departments. Data expertise is now a highly coveted skill in businesses of all sizes, with many organizations employing entire teams to manage the vast volumes of data they handle and create meaningful insights and models that power decisions and digital products. Unfortunately, as the demand for data expertise has grown , so, too, has the gap between the number of people with these skills and the comparatively … [Read more...] about Data Skills Are Mission-Critical: How To Bridge The Skills Gap
Share to Twitter Share to Linkedin There has been a major shift towards hybrid and remote working, with the majority of employees now preferring an option to work from home. This means employers risk being left behind in the increasingly competitive recruitment market if they cannot offer integrated remote working solutions. Here, I speak to Rory McKeand, CEO at digital transformation partner Technology Services Group (TSG) , about the challenges and the benefits of hybrid working, and the ways in which technology can foster positive work cultures. Gary Drenik: Why is hybrid working so attractive in the current age of business? Rory McKeand: Hybrid working is a necessity - gone are the old rituals and practices. Simply put, companies need to adapt to hybrid working or risk falling behind. A large part of the attractiveness of hybrid working is down to the level of trust it places between an employee and company, and employees who feel like they are … [Read more...] about How Technology Is Inspiring Teamwork.
Share to Twitter Share to Linkedin Universities in Asia continue to gain in global prestige and are making solid advances in the various world university rankings. The region now boasts some of the strongest academic brands, and is contributing to a shift in the global knowledge economy. As Phil Baty, Chief Knowledge Officer at Times Higher Education explained at the World Economic Forum last year, “The data does not lie: in successive editions of the annual THE World University Rankings, Western nations have been losing ground while the East rises.” For the first time, the results of the THE World Reputation Rankings 2022 published last week includes two Asian universities in the world’s top ten – Tsinghua University and The University of Tokyo, while the 2022-23 Best Global University Ranking published recently by US News features more universities in the rankings from China than the U.S. But while the universities of China, Japan, Singapore and … [Read more...] about The Essential Ingredients To Build A World Class University