Search Results for: pay ratio

Pay equality and benefits key considerations for future of flexible working

Pay equality and benefits key considerations for future of flexible working

flexible workingAround half of UK workers polled in a new study, think that pay and benefits should be based on ability, regardless of where an employee is located. The Global Workforce Revolution report, published by Remote, claims to identify the key priorities for companies looking to extend remote and flexible working practices as a result of the Covid-19 pandemic. (more…)

Job fulfilment, not pay, motivates Generation Y talent

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Today’s 20-to-30-something workforce, representing the management class of the future, values job fulfilment over financial reward, according to research by the iOpener Institute, which analysed responses from over 18,000 professionals. The study shows that Generation Y, the digital cohort born after the early 1980s, are motivated to stay with their employer, and to actively recommend their organisation to friends, by the level to which they are fulfilled in their job, rather than their levels of pay. (more…)

Europe’s large firms want better offices, but are less keen on paying extra for them

Europe’s large firms want better offices, but are less keen on paying extra for them

Nearly two-thirds of large European office occupiers expect to relocate some of their operations over the next three years, as organisations seek better quality workplaces while becoming increasingly reluctant to pay a premium for them. According to CBRE’s 2026 European Office Occupier Sentiment Survey, 65 percent of respondents are planning relocations. Nine in ten say they would reject offices that do not provide the amenities they require, yet the proportion willing to pay extra for those amenities has fallen from 54 percent last year to 48 percent. (more…)

The ERP innovations worth paying attention to right now

The ERP innovations worth paying attention to right now

The businesses treating ERP selection purely as a procurement decision are missing most of the story.Ask a finance director what their ERP system does and most will describe what it used to do: hold the ledger, run payroll, generate the month-end report nobody reads until something in it is wrong. That description is going stale fast. The systems running underneath most mid-sized and large businesses are changing shape, and the change matters well beyond the finance department. It touches headcount planning, office layout, training pipelines, and how quickly a business can respond when the market shifts under it. (more…)

People want their jobs to provide them with security and steady pay

People want their jobs to provide them with security and steady pay

Workers are placing greater emphasis on job security, fair pay and employer support for adaptability, according to new global research from the Adecco GroupWorkers are placing greater emphasis on job security, fair pay and employer support for flexibility, according to new global research from the Adecco Group, which suggests the so called Great Resignation has given way to a more cautious approach to how ambitious people would like to seem. The Workforce Trends 2025 report [registration] is based on responses from 37,500 workers and 2,000 senior executives across 31 countries. It finds that while employees continue to value growth, flexibility and meaningful work, these priorities are increasingly secondary to stable income and employment certainty as economic and social uncertainty persists. (more…)

Generational divide emerges on workplace AI

Generational divide emerges on workplace AI

Gen Z workers are not only the most enthusiastic users of workplace AI but also the most likely to be self-taughtAs artificial intelligence continues to reshape the world of work, younger employees are taking the lead in adopting and experimenting with new tools. According to a new survey by UKG and The Harris Poll, Gen Z workers are not only the most enthusiastic users of workplace AI but also the most likely to be self-taught. The research highlights a growing generational divide. While 84 percent of U.S. employees overall say they want AI to handle workplace processes, Gen Z – those aged 18 to 28 – are particularly eager. Ninety percent believe AI will save them time at work, with nearly a third expecting to reclaim up to 90 minutes a day. They’re also the most likely to have taken the initiative to learn AI skills independently, with 70 percent teaching themselves the tools they use. (more…)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

The Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employeesThe Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employees who began their careers during this unprecedented period, according to new research published by BSI in collaboration with the think tank ResPublica. The study, part of BSI’s Evolving Together series, claims to provide a comprehensive picture of a workforce cohort shaped by the pandemic and explores how these formative experiences continue to influence their expectations and behaviours. Drawing on a global survey of 4,700 individuals who entered the workforce during or since the pandemic, as well as focus groups and international literature reviews, the research sets out to paint a nuanced portrait of the so-called “hybrid generation”. (more…)

A large pay gap between business leaders and staff is bad news for businesses

A large pay gap between business leaders and staff is bad news for businesses

Employees may be less productive and have more negative emotional experiences at work when there is a large pay gap between them and those in leadership rolesEmployees may be less productive and have more negative emotional experiences at work when there is a large pay gap between them and those in leadership roles, a new study shows. The ‘vertical pay gap’ between leaders and other employees has been found to have risen markedly over the past five decades. (more…)

A new generation of workplace apps is transforming people’s experience of work

A new generation of workplace apps is transforming people’s experience of work

These days, workplace apps promise a much more sophisticated experience, which can be accessed in the palm of your handDisseminating information about a building to the people who occupy it has come a long way from a basic, intranet desktop interface with warnings about wet floors or notices about charity fundraising. These days, workplace apps promise a much more sophisticated experience, which can be accessed in the palm of your hand. Gartner has a useful definition of workplace apps’ capabilities, stating, “They are used to explore and reserve workspaces, navigate the workplace, find colleagues, plan the best days to attend the workplace, access services and ensure that employees could feel safe in a future post pandemic workplace.” (more…)

If you want a high paying job, remote work is now less of an option

If you want a high paying job, remote work is now less of an option

According to the latest data from the careers website Ladders, the availability of remote positions with salaries exceeding $200,000 has seen a drastic reduction. The High Paying Jobs Competition Index, a report by Ladders, indicates that only 12 percent of such jobs are now available remotely, a steep decline from the 37 percent recorded in the third quarter of 2022. This trend is evident across both technology and non-technology sectors. (more…)

Sick pay reform should encourage people back into work, government claims

Sick pay reform should encourage people back into work, government claims

A parliamentary committee of MPs has called for a 'long-overdue' boost to statutory sick payA parliamentary committee of MPs has called for a ‘long-overdue’ boost to statutory sick pay (SSP), emphasising the need to strike a delicate balance between workers’ wellbeing and employers’ financial constraints. The Work and Pensions Committee has recommended aligning the SSP rate with the flat rate of Statutory Maternity Pay, a move that they say could significantly improve the financial safety net for workers. (more…)

Many people would forgo a pay rise in favour of flexible working

Many people would forgo a pay rise in favour of flexible working

espite attractive flexible working policies outweighing the need for increased remuneration, the research - conducted by PayFit - claims that a sizable 83 percent of those surveyed felt improvement was needed to their current workplace’s flexible working policiesA new poll claims that nearly 50 percent of respondents would reject a substantial 15 percent pay increase if it meant forfeiting workplace flexibility, even in a challenging financial climate. Despite attractive flexible working policies outweighing the need for increased remuneration, the research – conducted by PayFit – claims that a sizable 83 percent of those surveyed felt improvement was needed to their current workplace’s flexible policies. (more…)