The great lesson of 2020 for small businesses is to be ready for anything

The great lesson of 2020 for small businesses is to be ready for anything

small businessesThe repercussions of Covid-19 for the small business community have been particularly ruinous. Recent figures paint a worrying picture, revealing that approximately 76,300 SMEs in London alone ceased operations completely as a direct result of the pandemic, with lockdowns costing from £30,000 to £75,000 for one in ten small businesses. As the most vulnerable business segment in the current crisis, SMEs needed the biggest support and, by the end of April, had already received over £4 billion via the government’s CBIL scheme. More →

Change like everyone is watching 

Change like everyone is watching 

At a time when we aren’t generally supposed to get within two metres of each other, depending on what the rules happen to be today (or part day), there’s a lot of embracing going on. Almost in some quarters as though it’s a resigned acceptance. You know the curve, with the part at the end where having denied it, got angry then depressed and reluctantly bargained with it, we finally get on with it. Which of course isn’t how anything happens at all. But that’s what us dedicate followers of Covid-era fashion are supposedly doing: embracing change.  More →

Legal and mental health concerns mount as businesses brace for redundancies

Legal and mental health concerns mount as businesses brace for redundancies

redundanciesDespite the last-minute extension of the furlough scheme, new research conducted among UK business leaders claims that great concern remains around making redundancies and in particular the legal risk. The survey of over 440 UK business leaders, conducted by employment law and HR support firm Ellis Whittam, also claims two-thirds (66 percent) believe the prospect of making redundancies has negatively impacted their mental wellbeing. More →

Most students don’t expect a ‘clear career path’ after graduation

Most students don’t expect a ‘clear career path’ after graduation

career pathThe majority of students don’t expect they will be able to find a clear career path after graduating and almost one in 10 believes their prospects are ‘bleak’, a new survey claims. A poll of 1723 poll students conducted by UNiDAYS and insurance company Urban Jungle in October 2020 claims that just 37 percent of students believe they will find a career easily after leaving university. More →

Top priority for HR leaders in 2021: building critical skills

Top priority for HR leaders in 2021: building critical skills

priorityGartner, Inc.’s 2021 HR Priorities Survey of more than 750 HR leaders claims that 68 percent of respondents cited building critical skills and competencies as their number one priority in 2021. The survey, conducted from June through August 2020, claims the other top HR priorities for 2021 are: organisational design and change management (46 percent), current and future leadership bench (44 percent), the future of work (32 percent) and employee experience (28 percent). More →

Unused office space could cost London businesses almost £13 billion

Unused office space could cost London businesses almost £13 billion

Office spaceUnused office space after coronavirus could cost London-based businesses almost £13 billion according to a new report by Space Three Two, a new office timeshare marketplace born out of lockdown. According to a survey of London office workers, employees want to spend an average of 2.7 days back in the office once all Covid-19 restrictions have been lifted. 1 in 10 workers said didn’t want to go back to the office at all. More →

Millions will struggle to access the Government’s new Lifetime Skills Guarantee

Millions will struggle to access the Government’s new Lifetime Skills Guarantee

Lifetime Skills GuaranteeNew analysis published by the Work Foundation and Totaljobs claims that millions of low paid workers will struggle to access the Government’s new Lifetime Skills Guarantee (LSG) when it is launched next year amidst a growing jobs challenge. More →

Self-confidence vs resilience: What makes entrepreneurs thrive?

Self-confidence vs resilience: What makes entrepreneurs thrive?

entrepreneursIn times of economic stability, entrepreneurs who exude self-confidence are the most likely to thrive. However, when faced with unstable and adverse economic conditions, those entrepreneurs who possess greater resilience are most likely to come out on top, according to new research from Durham University Business School. More →

Businesses prioritise environmental impact in post-COVID-19 strategies

Businesses prioritise environmental impact in post-COVID-19 strategies

EnvironmentalThree-quarters (75 percent) of business decision makers say their organisation’s environmental and social impact has become more important due to COVID-19, according to new research from Epson. The research claims that business decision makers are taking action too, with more than half (55 percent) confirming they are now paying more attention to these targets compared to six months ago. More →

More stability in sight for employment but three in ten employers still planning redundancies

More stability in sight for employment but three in ten employers still planning redundancies

RedundanciesThe pace of deterioration in UK job prospects is starting to slow this autumn due to very modest improvements in planned recruitment activity and a slight decrease in employers’ intentions to make redundancies. This is according to the latest quarterly CIPD/the Adecco Group Labour Market Outlook (LMO) survey – involving more than 1000 employers and covering all sectors of the economy. More →

Flex space occupancy remains stable through Covid-19

Flex space occupancy remains stable through Covid-19

Flex spaceA third of flexible workspace providers reported that occupancy rates have remained relatively stable through the global lockdown, only falling by 10 percent. On average, operators reported demand for flex space at 52 percent of pre-Covid levels, but some suburban markets have seen significant growth and pricing in those areas has increased. More →

Human error has posed cybersecurity challenges during the pandemic

Human error has posed cybersecurity challenges during the pandemic

cybersecurity80 percent of companies say that an increased cybersecurity risk caused by human factors has posed a challenge during the COVID-19 pandemic, particularly in times of heightened stress. This is according to Cyberchology: The Human Element, a new report that explores the role employees and their personality play in keeping organisations safe from cyber threats. More →

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