Job market in London hit hardest by coronavirus pandemic

Job market in London hit hardest by coronavirus pandemic

London job marketNew analysis of online vacancy data suggests that parts of London are now the most economically at risk from the coronavirus pandemic. The analysis of the UK job market compares the number of people claiming unemployment-related benefits in each local area with the number of vacancies. It claims that the four areas with the highest number of unemployed per vacancy are London Boroughs – Lambeth, Haringey, Brent, and Barking and Dagenham – with more than forty claimants chasing each available job. More than a third of all areas with thirty or more claimants-per-vacancy are London Boroughs. More →

Firms whose leaders aim to serve, enjoy higher profits and employee morale

Firms whose leaders aim to serve, enjoy higher profits and employee morale

Managers who put themselves at the service of their teams, rather than the other way around, actually have a positive impact on profit, according to new research led by academics at emlyon business school. This claims to be the first research paper to find that, not only does servant leadership improve employee morale, but it also increases company profit too. The paper, published in the Journal of Business Ethics complements what was previously the general consensus on servant leadership; it’s good for people management and employee morale, but did not positively impact on company performance or profits. More →

Graduates feel their education leaves them wholly unprepared for work

Graduates feel their education leaves them wholly unprepared for work

graduates setting outMany of this year’s graduates finished their degrees online and are due to enter the workplace amidst a tumultuous jobs market, however, fewer graduates felt like their university had prepared them for the workplace this year, with only 15 percent reporting that they felt completely prepared (down from 18 percent last year). Graduate jobs board Milkround’s survey of nearly 3,000 students, graduates and young workers has revealed that 10 percent of the next generation of workers feel wholly unprepared for the workplace after their degree. More →

Remote working productivity will slump as firms burn up their social capital

Remote working productivity will slump as firms burn up their social capital

remote workingEmployers are walking into remote working productivity slump, as people lose their visibility in an organisation, a new report claims. The survey from workplace software business Names & Faces claims that three quarters (75 percent) of people who report being more productive since working from home already know at least half of their company but that two thirds of people who don’t feel visible within their organisation have experienced a productivity drop while working from home. More →

Younger workers careers suffer in lockdown, but are hopeful of better future

Younger workers careers suffer in lockdown, but are hopeful of better future

In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, ‘millennials’ and ‘Gen Zs’ express resolve and a vision to build a better future, a new Deloitte survey claims. The 2020 Deloitte Global Millennial Survey, now in its ninth year, suggests that both generations remain resilient in the face of adversity and are determined to drive positive change in their communities and around the world. More →

Recruitment firms remain upbeat about longer term economy

Recruitment firms remain upbeat about longer term economy

recruitmentResearch conducted by Bullhorn, suggests that recruiting professionals are optimistic about COVID-19’s future economic impact. According to Bullhorn’s Global Recruitment Insights and Data (GRID) COVID-19 Impact Survey, only two percent predict a sustained depression that extends past 2021, and more than half (56 percent) expect the economy to improve by the end of the year. More →

Investment in talent will drive market share gains as economy rebounds

Investment in talent will drive market share gains as economy rebounds

talentOrganisations that favour agile working and make strategic investments in human capital during the coronavirus crisis will be best positioned to gain market share and overtake competitors, according to a new Talent Trends report released by Randstad Sourceright. More →

Charles Handy was a true visionary about the modern workplace

Charles Handy was a true visionary about the modern workplace

It’s incredibly hard not to be impressed by Charles Handy and even harder not to find him likeable. The scope of his intellect and humanity is evident on the page, in his interviews and in his broadcasts. He reeks of credibility and warmth. Do a Google image search of him and the pictures you find epitomise English middle-class academic decency (despite the fact that he’s Irish); jumpers, churchyards, armchairs and a benign smile. More →

Building a culture of trust has never been more important

Building a culture of trust has never been more important

building a culture of trustTrust is a concept we often find hard to describe. It’s sticky, intangible and difficult to pinpoint but we know when trust is absent. When it’s missing from a workforce, a culture can unravel. According to the Culture Economy Report 2020, 43 percent of employees in UK SME’s don’t trust their employer to do the right thing – a 16 point decline since 2018. This is alarming. Working remotely over the last few months has highlighted just how important workplace trust is, between employees and management, and vice versa. More →

Half of HR managers say profession must change post-pandemic

Half of HR managers say profession must change post-pandemic

HR managersThe role played by HR teams during the Coronavirus crisis has thrust the function into the spotlight and demonstrated the importance of an effective people strategy. That’s according to new research from Personio, which also finds that HR teams are eager to maintain a more influential and strategic role in the future. And with half (51 percent) of managers claiming that the function cannot continue as it did prior to the outbreak, it’s clear the pandemic has only accelerated the profession’s ongoing evolution. More →

Data is changing the role of the workplace and HR

Data is changing the role of the workplace and HR

Business leaders have been heavily dependent on HR, real estate, and technology functions working together to help their organisation adapts to this new world of work during the pandemic. Ensuring personal safety, promoting wellbeing, encouraging collaboration, and maintaining efficient service delivery will never be more important than in the coming months. The challenge facing CRE leaders is how to advise on the appropriate range of workspaces and hygiene standards to allow organisations and their people to thrive, and how to cut through the complexity of accessing and interpreting data to achieve this. More →

Embracing emotion and empathy to drive us beyond this crisis

Embracing emotion and empathy to drive us beyond this crisis

We’re currently living and working through some of the most intense, challenging conditions many of us will have had to endure – and we all will empathise that it can be particularly difficult to manage your working life. A recent study in Harvard Business Review found that tiredness, fear and panic all reduce our ability to think clearly, to be able to manage our relationships effectively, to focus on the right priorities, and to be able to make intelligent and informed decisions. More →