London crowned the most desirable city in the world to work

London crowned the most desirable city in the world to work

LondonA new study on recruitment and workforce trends has crowned London as the world’s most desirable city to work in, with the UK capital holding onto the top spot, despite uncertainty around Brexit and the ongoing Covid-19 pandemic. More →

Highly educated entrepreneurs rarely want to grow their firms

Highly educated entrepreneurs rarely want to grow their firms

entrepreneursHighly educated solo-entrepreneurs value the autonomy of their work above everything else and as a result do not want to employ people, according to new research from Trinity Business School. The researchers used a survey to interview solo entrepreneurs as they started their business to investigate their hiring plans. They claim that only one third of solo entrepreneurs intend to hire employees later on. More →

Two thirds of small businesses predict return to business as usual in 2021

Two thirds of small businesses predict return to business as usual in 2021

businessesThere is real optimism amongst small businesses owners that their businesses will return to pre-COVID normality by the end of the year, claims Tide. In a study conducted amongst small business leaders (of up to 50 employees), over two thirds (64 percent) agreed it was likely that with the successful vaccine roll-out their businesses could get back to normal before the end of 2021. More →

People with meaningful jobs try to improve their companies

People with meaningful jobs try to improve their companies

meaningfulEmployees who find their job meaningful increase the likelihood of better performance reviews by suggesting ways of improvement for their companies, claims research from Trinity Business School. According to the study, undertaken by Amanda Shantz, Associate Professor and MBA Director at Trinity Business School, finding your work meaningful increases the likelihood of receiving a better performance review because it improves your ‘promotive voice behaviour’. More →

Employment intentions at their strongest in a year

Employment intentions at their strongest in a year

employmentUK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. More →

‘Zoom rooms’ and breakout space top of the agenda for post-COVID offices

‘Zoom rooms’ and breakout space top of the agenda for post-COVID offices

officesNew data from real estate consultancy OBI claims that 70 percent of business leaders surveyed across Manchester have said they need to permanently change the design of their offices in order to suit the longer-term needs of their businesses and teams. More →

Two million people in the UK have not worked for at least six months

Two million people in the UK have not worked for at least six months

Almost two million workers were unemployed or fully furloughed in January – and had been for at least six months – highlighting the scale of lasting damage to the UK’s labour force that will need to be addressed in the Budget, according to major new research published today by the Resolution Foundation. Long Covid in the labour market – supported by the Health Foundation – examines the state of the labour market during the current lockdown, the cumulative impact of the longer than expected crisis so far, and workers’ prospects for the months ahead as the economy starts to recover. More →

Self-employed workers and side hustlers to drive the UK’s economic recovery

Self-employed workers and side hustlers to drive the UK’s economic recovery

self-employedResearch released by Mettle and YouGov estimates that the UK’s growing self-employed and side hustler movement will contribute an estimated £125 billion in turnover to the UK’s economic recovery in 2021. Furthermore, small and medium-sized businesses (with 1-49 employees) are estimated to contribute approximately £310.46 billion. More →

More than half of UK workers planning to take on a side hustle

More than half of UK workers planning to take on a side hustle

workersOver half (54 percent) of UK workers say they are more open to taking on a side hustle or freelance work since the Covid-19 pandemic, according to new research from Fiverr. Over 2 in 5 (44 percent) agree they are more open to it, due to the flexibility that working from home has given them. More →

Investment in digital technology set to deliver £232bn boost to UK economy by 2040

Investment in digital technology set to deliver £232bn boost to UK economy by 2040

economyInvestment in digital technology is set to increase UK GDP by £232bn (6.9 percent) in 2040, according to a new study by Virgin Media Business and the Centre for Economics and Business Research (CEBR). The research, which examines how more digital ways of working can support the UK’s economic recovery from Covid-19, claims investment in technology could boost the economy by £74bn in 2025. More →

Mental health related workplace absenteeism costs soared to £14bn in 2020

Mental health related workplace absenteeism costs soared to £14bn in 2020

mental healthThe impact of the nation’s deteriorating mental health from Covid-19 lockdowns and other restrictions cost UK businesses £14bn last year, according to a study by Westfield Health. The cost of absenteeism from work due to mental health reasons increased last year by £1.3bn from 2019’s totals as work from home, travel restrictions, furlough and pay cuts changed the workplace for millions of people across the UK. More →

Flexibility and reskilling top priorities for UK employers in 2021

Flexibility and reskilling top priorities for UK employers in 2021

flexibilityThe COVID-19 pandemic is driving a fundamental shift in the way companies operate, accelerating the need for an adaptable and agile workforce to drive business success. According to Mercer’s 2021 Global Talent Trends study, the financial impact and work-life disruption caused by the pandemic is causing UK employers to focus on redefining flexibility and skills development to ensure their business and employees become more resilient and agile in the face of disruption.

More →