News

Kai Anderson at the Figure Baltic Advisory salary seminar: the key to survival is collaboration between artificial intelligence and human intelligence

9/24/2024

At Figure Baltic Advisory salary survey presentation in Estonia, internationally acclaimed author and management consultant Kai Anderson spoke about the changes in the world of work, emphasising that we are facing a poly-crisis, and to cope with it at the level of the individual, the organisation and society, we need to put human minds and artificial intelligence to work together in the best possible way. To adapt to rapid change, people need the support of their employers, who stand to gain in efficiency gains from rapid adaptation. Describing the modern age as the age of people, Anderson said the power relationship between employers and employees has changed - they are equal partners and will remain so.

On planning fallacy

8/15/2024

Have you ever experienced that what you promised and planned to do turns out to be more difficult than expected, takes more time, resources, energy, etc? "I'll get there! if there’s a will, there’s a way!" people with a more optimistic outlook claim. Those with a more realistic view of the world either protest quietly or openly, but they may not always be heard. Once the plan is made, half the goal seems to have been achieved - what's not to achieve?

Figure Baltic Advisory ICT sector survey in Lithuania

8/13/2024

ICT sector survey reveals slowing wage growth – what's behind it?

Why public sector needs compensation survey?

6/27/2024

We spoke to Mariel Kivi from the Estonian Ministry of Finance about why central compensation surveys are beneficial for the public sector

Employees Spend an Average of 13 Hours a Month Worrying About Money

6/26/2024

In the public sphere and many companies in Latvia, there is a growing focus on employee well-being. However, without a clear understanding of what it truly means, this concept can be misinterpreted. It is important to recognize that an individual's well-being, or how we feel about our life, is composed of several components: career well-being (how much we enjoy our daily work), social well-being (having meaningful relationships with family, colleagues, and friends), financial well-being, physical well-being, and community well-being (how comfortable we feel in our living environment).