Firms need to place more value on older workers

Firms need to place more value on older workers

Older workers are now a key part of the workforceAs we live longer lives, it’s inevitable that more of us want to work for longer. It makes good business sense too: with fewer younger people starting work to replace those set to retire in future years, coupled with uncertainty over Brexit and labour shortages, employers can’t afford to lose older workers.

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“War for talent” and Brexit ramping up staff retention efforts

“War for talent” and Brexit ramping up staff retention efforts

Is the war for talent intensifying?News that over one million EU nationals have been given permission to remain in the UK after Brexit, gaining settled or pre-settled status offers businesses expanded talent pools for plugging skills gaps and talent shortages in their workforce. New research claims that talent management concerns are on the rise. With the ongoing ‘war for talent’ intensifying over future skills requirements, businesses must remain vigilant when it comes to the growing technical skills gaps in their workforce, the report suggests. (more…)

Skills for the future of work laid out by new task force

Skills for the future of work laid out by new task force

Mind map of the variety of skillsBecause qualifications are only part of the story for employers, who are placing more emphasis on essential skill sets, like teamwork, presenting and problem-solving, but these are often difficult to assess at the recruitment and selection stage. In response, leading organisations from the education and employment sectors (the CIPD, The Careers & Enterprise Company, Business in the Community, the Gatsby Foundation, EY Foundation and the Skills Builder Partnership) have come together for the first time to agree a universal framework for essential skills. It will build on the Skills Builder Framework, already used by over 700 organisations, and set out the skills needed to thrive at work, as well as how these can be assessed and developed. It can be used by students, workers and employers. (more…)

Humans are main weakness in fight against data theft

Humans are main weakness in fight against data theft

cybersecurityOnly four in 10 (42 percent) businesses focus on compliance training as part of their cybersecurity protocol to ensure sensitive data is kept secure, claims a new report from ESET and The Myers-Briggs Company. The paper reports that most worryingly, 63 percent rely predominantly on passwords. According to the Cyberchology paper that investigates the link between personality types and vulnerabilities to cybercrime, cybersecurity should be on every boardroom’s agenda. (more…)

Insecure leaders prefer to take advice from machines than people

Insecure leaders prefer to take advice from machines than people

Leaders and machines

Leaders who are in danger of losing their position are more likely to take advice from a data algorithm than another human, research from BI Norwegian Business School claims. Psychologist Ingvild Müller Seljeseth conducted studies where participants were assigned to either stable or unstable leadership positions, which they would lose if they made a wrong decision. When asked to estimate the number of peas in a jar, leaders in a stable position were far more inclined to accept advice from previous participants than leaders in an unstable position. (more…)

Increase in non-EU workers eases skills challenge

Increase in non-EU workers eases skills challenge

The sharp increase in non-EU citizens coming to work in the UK has helped to ease recruitment difficulties for medium and high-skilled roles, according to new research from the CIPD and Adecco Group. Despite employment growing strongly over the past year, the number of applicants chasing each medium and high-skilled vacancy has fallen relatively modestly compared with the same period last year. However, the number of people applying for low-skilled roles has dropped by a fifth over the past year, suggesting that some employers may face significant recruitment challenges for skills in the coming months. These are the findings of the latest quarterly Labour Market Outlook from the CIPD and the Adecco Group, a survey of 2,104 employers which explores their pay and hiring intentions. (more…)

Productivity decline linked to poor employee financial wellness

Productivity decline linked to poor employee financial wellness

The future of pay and productivityAlmost all (98 percent) employers believe that their employees’ financial wellness has a direct impact on productivity and their business performance – especially concerning employee productivity (67 percent) and engagement (62 percent). This is according to the Future of Pay research study (registration) by technology firm ADP, which surveyed 4,000 employees and 2,900 businesses to explore workers’ perceptions and attitudes towards traditional and emerging pay methods to address some of the biggest human capital management concerns. (more…)

School holidays signal stress for home-workers

School holidays signal stress for home-workers

For many working parents the summer school holidays can be a cause of stress instead of a time for rest and relaxation.With children no longer occupied at school, many parents choose to work from home to juggle both work and childcare, but productivity can suffer with family, pets and noisy household appliances found to be the main distractions for home workers. The 2019 Global Workspace Survey, conducted by IWG on 2000 UK respondents, claims that interruptions from children or other family members is the number one obstacle being faced by professionals who take advantage of home working. (more…)

CIPD offers new guidance on non-traditional work roles

CIPD offers new guidance on non-traditional work roles

Following the recent government consultation on improving the rights of variable hours workers, the CIPD has published new employer guidance to help ensure that ‘atypical working arrangements’ benefit both the organisation and individuals. The guidance, Atypical Working: A guide to successfully implementing atypical work in your organisation, defines atypical working as practices which include the self-employed, temporary workers, agency staff and people on zero hours contracts.

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Political chat dominates watercooler moments

Political chat dominates watercooler moments

Political chat gets heatedUK workers are becoming increasingly saturated with political chat with just under half (46 percent) claiming they’ve noticed a significant increase in discussions had by colleagues since the EU Referendum. Despite once being considered the ultimate professional faux pas, new research from Jobsite.co.uk claims that political chat has now entered our workplaces in a big way with 3 in 5 comfortable discussing political matters. (more…)

London now has its own Good Work standard

London now has its own Good Work standard

The Mayor of London has launched the city's own good work standardThe Mayor of London Sadiq Khan has launched London’s Good Work Standard, pledging to make London ‘the best place to live and work’.  The standard has been developed in partnership with CIPD, claims to bring together good employment practice with resources and guidance written by CIPD experts and tested with London based CIPD members, the framework sets out to support employers of all sizes across the city improve their people management practices and create good work for all.

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Employers missing opportunity to unlock emotional intelligence

Employers missing opportunity to unlock emotional intelligence

Emotional intelligence or emotional quotient (EQ) is an increasingly popular buzz phrase in business and understanding its impact in the workplace is becoming crucial to employers in getting the most out of their staff. A new survey from Lee Hecht Harrison Penna claims the importance placed by people managers both on finding EQ in staff, and demonstrating it themselves. The study claims the changing mind-set of managers, who see EQ as key to the career development and professional success of their employees. (more…)