Knowledge Hub Archives - Gi Group Holding https://www.gigroupholding.com/sustainable-category/knowledge-hub/ Gi Group Holding Tue, 01 Oct 2024 13:57:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.4 https://www.gigroupholding.com/wp-content/uploads/2021/09/cropped-favicon-32x32.jpg Knowledge Hub Archives - Gi Group Holding https://www.gigroupholding.com/sustainable-category/knowledge-hub/ 32 32 IT Global HR Trends 2024 Report https://www.gigroupholding.com/insights/it-global-hr-trends-2024/ Wed, 20 Dec 2023 09:24:00 +0000 https://www.gigroupholding.com/insights/automotive-global-hr-trends-2024-2/

IT Global HR Trends Report – 2024 EDITION

Empower your
tech talent strategy

IT Global HR Trends Research
– 2024 EDITION

Empower your
Tech Talent Strategy

Knowledge Hub Gi Group Holding

IT is the most rapidly evolving industry in the world. Technology touches almost every part of our lives, shaping the way we live and work. Despite the tech layoffs in 2023, the appetite for IT talent remains enormous, with new technology unlocking creative possibilities for businesses of all sizes and in all locations.

 

For companies and HR professionals, navigating the changing tides of this industry requires a thorough understanding of current and upcoming trends. Now, more than ever, businesses aiming to future proof their teams must anticipate and respond to those factors that are re-framing HR strategies.

Flip the pages to see the Report preview below

New Technologies Shape Careers and Trends for IT Workers

The technology sector is filled with creativity and innovation – and like with all great innovation comes great change. Companies must keep up with what’s shaping IT and the work culture and adapt to this ever-evolving landscape. This is especially important as the industry currently spotlights the main technologies that are shaping these careers and trends: Artificial Intelligence (AI), Big Data, cloud computing, and cybersecurity. Successful companies – regardless of their industry – need to understand what they need to do to ensure they are prepared for this new world filled with new challenges and exciting opportunities.

of IT workers prioritise compensation when considering an IT role.
0 %
expected market size for global cloud computing by 2030.
0 B
of companies struggle to find with advanced digital skills.
0 %
of It workers enjoy hybrid working (vs. purely remote)
0 %

Enhancing Employee Satisfaction to Attract & Retain Workers

To attract the best staff in a competitive job market, companies need to understand what’s attractive to their potential and current workers. While salary will be the most important choice for many workers, candidates also care about other factors affecting their working lives. The data shows that nearly half (49.0%) of workers find earnings potential to be the most significant factor when searching for a job. This is followed by work-life balance, opportunities for career progression, and workplace flexibility (including remote working).

So, while compensation is definitely a key driver in recruiting and retaining talent, companies need to also understand what workers value beyond the paycheck. Indeed, there is much more to consider, even generationally speaking, in terms of remaining competitive as an employer. Companies need to understand what most resonates with their workers – at whatever stage in their career they might be – and figure out how to provide for those needs.

The Fight for Talent: Solving Recruitment Challenges in Competitive Field

Technology is evolving quickly, and individuals with advanced digital skills are in high demand, no matter what the industry. IT is seen as a prosperous career path today, and many young people are training to enter the field. So why are companies finding Information Technology (IT) specialists in short demand?

Of course, IT is seen as a desirable field; when 5,000 professionals from a diverse range of backgrounds and sectors were surveyed, IT was the top response as the best sector in which to work. Views of IT, however, change from country to country and there are some places that do not list IT as the first choice.

Regardless, the industry is highly competitive, and almost half of companies struggle when recruiting for digital skills. Potential companies are often sought by multiple recruiters simultaneously and therefore have the freedom to choose the best offers. Companies are facing high competition for the best candidates. So how do companies stand out from the crowd to make sure they are hiring and keeping the top talent? 

Has your company faced challenges in recruiting candidates with advanced digital skills overt the past three years? (%)

Empower Your IT Workforce by Building the Skills of Tomorrow

It is evident that technology is changing the landscape of employment – regardless of the industry or vertical – and while businesses are increasingly using it to handle administrative tasks, there is a growing need for roles with specific technical knowledge. Due to the rapid development of technologies, companies are finding that the skills required for many jobs have changed drastically.

These new skill sets will allow businesses to get more out of the innovations they use, while leveraging the human capabilities within their teams. And yet, what are the job roles foreseen as an increased demand in the upcoming years?

Regardless of whether it’s AI, machine learning, or Big Data, there is a common thread: employing a skills-based talent approach can help diversify hiring pipelines and encourage employee reskilling to meet changing workforce needs. Businesses must invest in upskilling, reskilling, and coaching their staff to find balance in such a dynamic and fast-changing environment if they want to remain competitive.

As the data shows that compensation is the number-one priority for IT workers, it is evident that career advancement is also a major priority. And within the constantly evolving field, supporting new-skill learning can be a great advantage for companies who are interested in attracting top talent.

Which resources or tools have you found most beneficial for acquiring technical knowledge in the past few years?

39.1% training courses organised by the company

37.7% tool’s tutorial or platforms

33.7% online courses or online platforms

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Automotive Global HR Trends 2024 Report https://www.gigroupholding.com/insights/automotive-global-hr-trends-2024/ Sat, 09 Sep 2023 09:24:09 +0000 https://www.gigroupholding.com/insights/logistics-global-hr-trends-2023-2/

Automotive Global HR Trends Report – 2024 EDITION

Steer the
future of Automotive

Automotive Global HR Trends Research
– 2024 EDITION

Steer the
Future of Automotive

Knowledge Hub Gi Group Holding

The automotive industry has seen a decline in the last four years, made evident by a loss of revenue and fewer vehicles being manufactured. While the global economy has affected most sectors to some degree, automotive has experienced some unique challenges.

Read the comprehensive 2024 Automotive Global HR Trends report, featuring data from 11 countries and over 6,500 industry decision makers and candidates:

Flip the pages to see the Report preview below

The Automotive Industry is Undergoing a Transformation

As the world gears to reach net-zero, with Europe banning the sales of CO2-emitting cars in 2035, the automotive sector finds itself contending with the competing demands of digitization and environmental sustainability, against a backdrop of already significant economic challenges exacerbated by the COVID-19 pandemic and the several conflicts around the world. Considering how big the automotive industry is, this can be a sizeable challenge – an opportunity.

Expected total automotive industry revenue for 2023.
0 T
Of automotive workers are satisfied/very
satisfied with their jobs
0 %
Electric vehicles (EVs) to be sold in the next seven years.
0 M
Manual worker jobs heavily impacted by new technologies
0 %

Technological Advances Significantly Impact the Sector

Automotive companies are moving away from traditional gas and fuel-powered vehicles and placing increased focus on EVs, reducing traditional manual labour needs, and creating a growing need for technical workers with expertise in software engineering, data science and connected technologies.

Technological advances have had a significant impact on the sector, with the industry increasingly embracing automation in manufacturing processes. This has given hope for those who wonder how and why the automotive industry is still important for the economy.

On the other hand, the report reveals that those hardest hit by automation are manual workers and engineers, while creating a higher demand for professionals who have expertise in managing automated systems and optimising production efficiency.

The most in-demand blue collar roles are mechanical technicians and maintenance technicians, while automotive engineers and IT specialists are the most in-demand white collar positions. (Learn more)

Eletric & Autonomous Driving Changes Skills Requirements

Businesses are facing logistical and legal pressures that are forcing them to update products, while consumers are re-thinking what they want from cars. New technologies are enabling automakers to deliver the sustainable, smart, energy-efficient vehicles of tomorrow.

As automotive is facing a rising demand for electric and autonomous driving vehicles, a drastic shift in the skill-requirements of the industry is underway. To address this, companies have already begun to provide digital skill training, workshops, and vocational training sessions. As the demand for these types of vehicles grow, experts predict that the rollout of electric vehicles will eliminate the need for five million barrels of oil per day. (Learn more)

Global Battery Electric Vehicles and Plugin Hybrids (M)

Large Opportunity to Improve Diversity and Inclusion

Once perceived as male dominated, the automotive industry is now embracing a more inclusive mindset. New technologies and work practices are enabling more women to become part of the industry, and the benefits brought by the growing female workforce – from skill sets to consumer insights – are being widely recognised.

Yet, even as automotive companies strive to attract and retain more women, there are substantial obstacles to overcome. Our findings reveal that while organisations are actively working to bridge the gender gap, only a little over half of them are ensuring equal pay, and only less than half are offering flexible working, parental leave, and child support policies. (Learn more)

 

80% of organisations are actively working to bridge the gender gap

38,5% believe there is poor visibility of female leaders in automotive sector

38,1% say stereotypes discourage women from pursuing careers in male-dominated sectors

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Manufacturing Global HR Trends 2023 https://www.gigroupholding.com/insights/manufacturing-global-hr-trends-2024/ Wed, 01 Feb 2023 09:24:09 +0000 https://www.gigroupholding.com/insights/automotive-global-hr-trends-2024-3/

Manufacturing Global HR Trends Report – 2023 EDITION

The deep transformation
of the Manufacturing sector

Manufacturing Global HR Trends Research
– 2023 EDITION

The deep transformation
of the Manufacturing sector

Knowledge Hub Gi Group Holding

Manufacturing is regarded as the backbone of both social and economic development. Even as Covid-19 hit every industry in unforeseen ways, manufacturing has continued to contribute to the overall growth and competitiveness of countries, accounting for 17% of the global Gross Domestic Product (GDP) in 2021.

Of course, other world events have shaped the industry – political unrest and conflicts around the globe have continued to create insecurity in the business community. Manufacturing, however, remains truly relevant for economic systems. In fact, the global manufacturing market was worth $16.4 trillion in 2021. But while analysts and researchers have a solid bird’s-eye view of manufacturing, it is really those working in the industry who can provide a nuanced view into the state of manufacturing today and where it is headed in the future.

We interviewed 240 manufacturing experts, from HR managers to plant and production managers, to uncover informed insights on challenges, opportunities, and trends within the sector

Flip the pages to see the Report preview below

Manufacturing Market Sees Substantial New Growth

Covid-19 hit the manufacturing industry fast and hard. As the pandemic peaked, suddenly the industry faced a shortage of workers and candidates, especially as quarantines required workers to stay at home and socially distance. In parallel, raw materials suppliers were impacted just as much, leading to breakdowns in supply chains and devastating shortages.

While some companies are still feeling these impacts, all told, the global manufacturing industry is seeing substantial growth. This growth is welcomed by those who understand that the industry’s development remains optimistic –so long as they understand the trends and how to adapt to them.

value of global manufacturing in 2021 - an increase of 21%
0 T
of companies report difficulty
in finding specialised workers
0 %
of experts believe demand for specific profiles are changing
0 %
of experts believe continuous learning is vital for success
0 %

New Global Trends Shape Future Development

Two major trends that are impacting every single industry are sustainability and technological advancements. Manufacturing is, of course, one of these industries needing to understand and adjust accordingly.

From the tech side, an increased focus on automation means that manufacturing companies are investing more in production management software and robotic tools. Successful manufacturers are using these as ways to improve assembly, inspection, inventory management, and production planning. Experts believe new technologies will increase productivity and efficiency, but will also present some difficulties, such as a lack of operator skills.

There is also a growing interest in sustainability that cannot be ignored. Sustainability is a top concern for consumers today, and this is having a significant effect on businesses today. Manufacturers are now gearing production toward sustainability – in fact, a reverse of former trends. As much as the world is working toward carbon-neutral goals, manufacturing is an industry in last place behind others.

Technology is Priority for Most Manufacturers

Digital transformation is now a priority for most manufacturers. Companies have access to a wide range of technologies to automate tasks, with the majority having already implemented digital solutions. The most common of these are cloud computing and digital integration, followed by Big Data and cybersecurity.

The prioritization of digital transformation varies by country to country; however, at the end of the day, experts believe that new technologies will increase productivity and efficiency. Yet, while it is clear that the manufacturing industry sees the appeal in technological innovation, it is not without its challenges – particularly for those technologies that are not yet refined. Still, as a response to Covid-19, it seems many companies have invested in these efficiency-offering technologies and presumably are willing to tolerate any teething problems in the interest if long-term gains. The big question is: how do they prepare their workforces for these hufe institutional changes?

How key do you think it is to ensure employability in the long term to set up continuing learning (upskilling and reskilling) courses within the company? (%)

Automation Will Directly Impact the Manufacturing Workforce

Many workers in many industries have perceived a technology as a threat to their jobs – and rightfully so. The good news is that in recent years, professionals in manufacturing have undergone a mindset shift around this topic and have even found automation as an opportunity to create jobs. Industry leaders expect automation to increase productivity, raise efficiency, and make their companies more competitive.

The change in the approach toward automation in manufacturing dovetails with the advancement of automation overall, especially as predicted market value of the sector continues to climb. Again, this attitude varies by country, but at the end of the day, automation and new technologies are here to stay. How can manufacturing companies adapt to this? The answer lies in ensuring workers have the correct skills necessary to do their jobs. As over one-third of experts say many workers do not have the right sakills to succeed at new jobs

What will be the impact of business automation and digitization processes on employment?

43%  the employment will increase

25% the employment will decrease

30% No impact at all

2% I don’t know

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Want to learn more about the challenges, opportunities and trends of the Manufacturing sector? Download the free report.

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Logistics Global HR Trends 2023 Report https://www.gigroupholding.com/insights/logistics-global-hr-trends-2023/ Thu, 14 Apr 2022 09:24:09 +0000 https://www.gigroupholding.com/logistics-global-hr-trends-2022-2-2/

Logistics Global HR Trends Research – 2023 EDITION

What to expect
from Logistics
in the future

Logistics Global HR Trends Research
– 2022 EDITION

What to expect
from Logistics
in the future

Knowledge Hub Gi Group Holding

An undeserved bad reputation?

Warehousing and distribution are often criticised for unattractive conditions. We compared public perception with the views of current Logistics employees to check if it’s true.

Benefits and Conditions Logistics workers value most

Flexible hours, bonuses or lunch vouchers – find out which perks best improve retention.

The future of skills and training in Transport and Logistics

Automation and the digital transformation are changing daily tasks in Logistics. We deep dive into essential hard and soft skills.

Flip the pages to see the Report preview below

6 countries surveyed

Survey Samples: 5100

48 Industry leader interviews

Salary guide

The Future of Skills and Training

of logistic workers are satisfied at work
0 %
of Warehouses suffer labour shortages
0 %
only willing to work in the sector
0 %

The Economic Importance of Logistics

Logistics is widely recognised as fundamental to economic growth. Whether the core business, like freight forwarding, or a support function, efficient transport and warehousing strategies are essential to improving the performance and competitiveness of companies and entire countries.

Logistics is also a major source of global employment, accounting for 5-10% of the total labour market.


Our study confirms wider growth estimates, with 57% of respondents predicting that the sector will grow over the next 5 years and only 6% believing its value will decline.

Size of the global logistics market (trillion US dollars)
*forecast

Employer Branding in Logistics

Knowing what workers like about their sector is important for combatting public misconception, but is also vital for building an effective Employee Value Proposition. These insights can help companies decide how to balance investment in workplace amenities versus individual benefit schemes. And, when defining or reviewing HR policy, they offer guidance on the importance of structuring work to accommodate emerging trends in work-life balance, such as flexible hours or hybrid working.

Aspects valued by Logistics employees (scale 1 to 10)

8  – Relationship with colleagues and managers

7.8 Job security

7.5 – Flexibility and work-life balance

7.4 – Training and career opportunities

7.3 – Compensation and benefits

In this table, we compare working conditions, benefits and reputational factors. Find more analysis on specific benefits, training and the myths surrounding work in Logistics in the full research paper.

Skills for Transport and Warehousing

Learning builds workers’ self-esteem and increases companies’ knowledge base. The organisations we consulted develop training programs using internal and external resources, like universities and technical schools.

In our comprehensive study of global HR trends in Logistics, we look at the most needed hard and soft skills, and how workers perceive the training they receive.

While 69% of all those surveyed consider training very important, in China and Brazil, the 2 countries where Logistics represents the greatest proportion of national GDP, that figure rises to 88% and 79% respectively.

Most requested technical skills according to Logistics workers

31% Operational flows and WMS

30% Installation and freight transport

24% Planning and scheduling

23% Project management (digital tools)

Sustainable Logistics

Sustainability is the biggest concern of the 21st Century and evermore, companies require their suppliers to have an immaculate environmental and DEI record. In some way Logistics is involved in all companies’ value chains, so there is great pressure to continue improving and updating sustainability strategies.

Logistics remains a very male-dominated industry. Germany leads the field in female Logistics employees, but at 24.7% of the total workforce, there is still some way to go.

The industry leader interviewed were positive about the increasing number of women in office and management roles within the sector, but acknowledge that shopfloor workers were overwhelmingly men.

Looking at salaries, no gender pay gap appears among shopfloor workers, since salaries are generally defined by collective labour agreements

Environmental

Vehicle Emission

Network Design

Warehouses

Packaging

Gender Gap

20% Female

80% Male

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Do you want to know more on what to expect from logistics in the future? Read more in the full report, including an industry salary guide.

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