A recent survey of 1,300 corporate leaders by consulting group KPMG has highlighted that 83% of leaders predict a full return to office working within three years.
This figure has increased from 63% in 2023. The report also says that a further 87% of respondents say they are likely to reward employees who make an effort to come into the office with favourable assignments, pay rises or promotions. 92% of CEOs say that they are looking to increase their workforce.
The race to embrace AI is top of mind for today’s CEOs. However, and perhaps reassuringly for the mobility industry, 76% of respondents said that AI will not fundamentally impact the number of jobs in their organisations. That said, only 38% felt their employees have the right skills to fully exploit the benefits of AI and 58% agree that the integration of generative AI has made them rethink the skills required for entry-level roles.
Relating to ESG (Environmental, Social and Governance), around a quarter of respondents said that the main downside of failing to meet their ESG expectations would be giving their competitors a competitive edge. It seems they are less concerned with the environment than maintaining their own market share. They were also concerned about the potential for losing their own jobs, causing difficulties recruiting new staff, and impacting the reputation of their companies. Well over half of CEOs admitted that they are not prepared to withstand the potential scrutiny and expectations of stakeholders, as well as shareholders, when it comes to ESG, suggesting they will take action to mitigate this by adapting the language and terminology they use to meet changing stakeholder needs.
Tellingly, and as reported in The Mover previously, 30% say the greatest barrier to achieving their climate ambitions is the complexity presented by the decarbonisation of their supply chain (including movers) – an issue further compounded by current geopolitical tensions around the world and activities impacting major global trade routes.
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