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Employers could either lay off existing workers and recruit new staff – an expensive exercise – or retrain them. Cutting a job can cost roughly $100,000 in Switzerland, three times more than retraining, he said. “Our current system comes from the time of the industrial revolution and is based on permanent work contracts,” Dehaze said at the company’s Zurich headquarters. “But the era of life-long jobs will soon be over. Society needs a new social contract.” mont blanc cufflinks singapore price uk sale. Up to 375 million employees globally may need to change their work category by 2030, according to a study by consultancy McKinsey & Co..

Areas like office administration and food preparation will be among the hardest hit by the rise in automation, as robots and artificial intelligence programs take over repetitive tasks mont blanc cufflinks singapore price uk sale. Against this backdrop, Adecco Group – which competes with Randstad (RAND.AS) and ManpowerGroup (MAN.N) – has invested in training, buying General Assembly for $412.5 million this year. To simplify career-long training, portable accounts, dubbed “life-long learning accounts”, could be created, Dehaze said..

Employees and companies would pay into the accounts and when they change jobs, employees could take the accumulated capital with them mont blanc cufflinks singapore price uk sale. If they need further training they could activate the account to pay for it. Dehaze has discussed the idea with government officials in France, Italy and Singapore, an Adecco spokeswoman said. Employees could be given tax incentives to pay into the scheme, the spokeswoman said. Individual training will be particularly important as freelance workers make up an increasing portion of the workforce in the so-called gig economy, as shown by ride-hailing company Uber..

Manual workers like plumbers and electricians will still be needed, and those with broader training have the best chances, he said, adding fears about jobs completely disappearing are too pessimistic. He cited the United States, where the proportion of people working in agriculture has fallen to around 2 percent from 40 percent in 1902 even while U.S. unemployment hits its lowest level since the late 1960s mont blanc cufflinks singapore price uk sale. “The main concern is not that we will have no or too little work, it is about quickly finding or developing the right skills when old job profiles disappear,” Dehaze said..

(Reuters) – The crash of a Boeing Co 737 MAX jet in Indonesia on Oct. 29 has raised questions on whether the manufacturer shared enough information with regulators, airlines and pilots about the systems on the latest version of its popular narrow-body plane. The jet operated by budget carrier Lion Air crashed into the Java Sea shortly after take-off from Jakarta, killing all 189 people on board. The most hyped features of the 737 MAX compared with its predecessor, the 737NG, are more fuel-efficient engines mont blanc cufflinks singapore price uk sale.