Organisations all over the world are wrestling with the issue of what the future of work looks like.
The points of difference between those who imagine a hybrid week, those who want to work from home five days a week and those who seek a total return to the office seem to grow with every passing month.
Earlier in the pandemic, many companies dipped their toes in the waters to encourage employees back to the office, only to be greeted by new waves of infection that made it impossible. Some of these same organisations are now trying once more to get employees into workplaces for more of the time, with mixed results.
These efforts reveal plenty about how contested this space has become.
Apple Inc, for instance, wants its employees back in the office three days a week from September 5, with Tuesdays and Thursdays being nominated as in-person days and with the third day being flexible. What has been described as a small group of staff are pushing back saying they want working arrangements that “are best for each of us” rather than an imposed arrangement.
Employers often still envisage one way of life, employees imagine another
Only time will tell if that group represents the feelings of a larger silent majority or if they are the outliers. Labour Day, the annual US holiday that this year falls on the eve of Apple’s grand return, will feel especially consequential for some.
In the UK, a government minister has been running a sustained campaign to get civil servants back into their workplaces after long periods of working from home, according to The Daily Telegraph.
Jacob Rees-Mogg, minister of state for Brexit opportunities and government efficiencies, made surprise visits to government offices earlier this year to call out absentee workers. Last month he mooted a plan to sell off a suite of “half-empty” government offices that were underused because of persistent WFH protocols. But if remote working represents the future, who will buy these prime office sites anyway?
Some other employers are reported to have installed monitoring software on the computers of remote workers to measure their productivity, which is the weaponised front line of the future of work. By comparison, punching the clock seems a twee artefact of a bygone era.
All over the world employees are pushing back on multiple fronts.
The great resignation of 2021 has turned into quiet quitting this year. Trend spotters also say some workers may be juggling multiple full-time jobs while working from home. This is not so much the “gig economy” as the entire festival line-up.
More generally, a significant chunk of the workforce is happier and self-identifies as more productive at home in their regular job. The Economist magazine estimates that one-third of paid working days in the US are undertaken at home. A Hays study in the UAE this year found that 40 per cent of companies had staff back in their workplaces for the entire working week.
This system has well-known cracks, of course.
The connectivity tools that have allowed for an easy mass transition to remote working are also the same platforms that can serve to create superficial connection and check-in rather than meaningful collaboration. Remote working also creates organisational culture challenges and companies that “do hybrid” may still be operating on an approximation of the emergency footing they began when the giant WFH experiment started in early 2020.
Remote workers will counter that they can deliver better work from home, free from the stress or hassle of long commutes to work or the burdens and expectations of sitting in an office with a bunch of co-workers.
But all of this is the argument and counter-argument of the discourse.
The reality is that hybrid work remains a coda for the idea that employees are open to coming back to the office but won’t and for employers to talk about flexibility while preferring to have more rigidity evident in the working week, which is where Apple finds itself. Employers often still envisage one way of life, employees imagine another.
So how does the stalemate end? There is no easy answer.
Like any generational negotiated settlement, it will require dialogue and compromise. The assumptions about where work takes place that were codified in old contracts will need to be fashioned into new agreements.
In the world of diplomacy, peace deals are often hard fought and require truth and reconciliation from all sides. Mandated solutions can generate short-term cessations of conflict rather than lasting agreements.
It may be that the process proves impossible or that the current conditions persist.
If they do, the pushback from the employer side will probably arrive in the form of more stringent performance-linked appraisals or via further efforts to define what a day’s work represents through data-driven answers that quantify output.
Soft skills, once regarded as the best way to navigate the difficult world of the workplace, may decline in importance in such a scenario, replaced by the hard currency of data and what output has been produced.
Mandated solutions may prompt a further pivot from employees towards remote working opportunities in the short-term, as workers chase flexibility and the freedom to set their own terms via new opportunities. But will that prove satisfactory in the longer term as the pandemic fades into the distance?
Apple’s deadline will whoosh by next week, but the broader issue of the future of work remains unresolved – for now.
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
AUSTRALIA SQUAD v SOUTH AFRICA
Aaron Finch (capt), Shaun Marsh, Travis Head, Chris Lynn, Glenn Maxwell, D'Arcy Short, Marcus Stoinis, Alex Carey, Ashton Agar, Mitchell Starc, Josh Hazlewood, Pat Cummins, Nathan Coulter-Nile, Adam Zampa
Emergency phone numbers in the UAE
Estijaba – 8001717 – number to call to request coronavirus testing
Ministry of Health and Prevention – 80011111
Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre
Emirates airline – 600555555
Etihad Airways – 600555666
Ambulance – 998
Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries
HERO%20CUP%20TEAMS
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COMPANY%20PROFILE
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Director: Paul Weitz
Stars: Kevin Hart
3/5 stars
UAE currency: the story behind the money in your pockets
SPECS
Toyota land Cruiser 2020 5.7L VXR
Engine: 5.7-litre V8
Transmission: eight-speed automatic
Power: 362hp
Torque: 530Nm
Price: Dh329,000 (base model 4.0L EXR Dh215,900)
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
The biog
Hometown: Cairo
Age: 37
Favourite TV series: The Handmaid’s Tale, Black Mirror
Favourite anime series: Death Note, One Piece and Hellsing
Favourite book: Designing Brand Identity, Fifth Edition
'Falling%20for%20Christmas'
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Company name: Play:Date
Launched: March 2017 on UAE Mother’s Day
Founder: Shamim Kassibawi
Based: Dubai with operations in the UAE and US
Sector: Tech
Size: 20 employees
Stage of funding: Seed
Investors: Three founders (two silent co-founders) and one venture capital fund
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."