SMEs intend to increase their headcount by over a fifth this year

SMEs intend to grow their headcount by over a fifth this year

Although official figures from the ONS show a decline in consumer spending throughout much of 2018, optimism amongst small businesses remains high, with UK SMEs hoping to grow their headcount by an average of 21 percent over the next 12 months. The new research from Opus Energy claims that half (51 percent) intend to grow their business in terms of people, with some even predicting they’ll increase their workforce by 50 percent. IT (39 percent), health (33 percent) and financial services (28 percent) were the sectors expecting the most growth. Even in the worst affected sectors, growth was still predicted. Half (50 percent) of retailers still expected to grow in 2019, at an average of 19 percent. 65 percent of food and beverage producers predicted an average headcount increase of 18 percent and 69 percent of manufacturers expected to grow at an average of 14 percent; despite facing the uncertainty of Brexit and the “death of the high street”.

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Employers have a poor understanding of what actually motivates their employees

Employers have a poor understanding of what actually motivates their employees

Almost half of companies (45 percent) still believe that an attractive salary and package is what motivates their workforce, despite the fact that employees cite ‘soft benefits’ such a flexi-working, work-life balance, and ‘being valued’ as key to feeling fulfilled in their job role. The findings come from recent research ‘Meeting demands through the job offering’, by recruiter Robert Walters and job board CV-Library that highlight the disparity between what employees want and what companies are offering to staff. While 60 percent of professionals’ state career development as an important part of a job offering, less than 10 percent of companies believe that a lack of career progression and development would be a key reason for losing talent. The report also found that although companies claim that ‘staff being stuck in their ways’ is the main reason behind the lack of quality applicants, over 40 percent of professionals state that they would be willing to take up a role in another field where skills would be transferable, or work in a new sector to broaden their skills.

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It is time for organisations to embrace the digital workplace

It is time for organisations to embrace the digital workplace

It is time that organisations embraced the digital workplaceWith the rise of both cloud-based technology and the worldwide gig economy, the last ten years of the 21st century have seen some near-revolutionary changes in workplace practice. Entrepreneurs everywhere have been more than happy to make use of these developments, taking advantage of the new business models these changes have brought. For example, IDG found that 73 percent of the organizations that they surveyed have at least one application already in the cloud, and according to ONS, since 2010 there has been a 25 percent increase in the number of non-employer businesses in the private sector, a change attributed to the growing popularity of the gig economy. However, despite all the advances in workplace culture, thousands of workers in the UK are being left behind in outdated modes of work.

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Productivity only a priority for a third of employers as skills shortages persist

Productivity only a priority for a third of employers as skills shortages persist

Despite its importance to the economy, productivity is only a priority for 36 percent of employers and only half (50 percent) use the term when discussing organisational performance according to the latest Labour Market Outlook from the CIPD and the Adecco Group. And LMO data suggests that employers are overconfident when it comes to assessing their own productivity, with just 7 percent believing their organisation’s productivity is below average. (more…)

Gendered label of maternity leave may contribute to parental earnings gap

Gendered label of maternity leave may contribute to parental earnings gap

Gendered title of maternity leave contributes to male & female pay gapIt’s been argued that one of the main drivers behind the gender pay gap and inequality in the workplace is when it comes to having children. Now new research from Money Guru has revealed that 70 percent of UK employers believe that women should declare their pregnancy during the recruitment process with one in seven (14 percent) of employers admitting to being reluctant to hire someone who may go on to have children. Studies show that 39 percent of young mothers have been illegally asked in job interviews about how being a mother would affect their ability to work.

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Boost in adult learning essential when preparing for the future of work

Boost in adult learning essential when preparing for the future of work

Many OECD countries need to urgently scale-up and upgrade their adult learning systems to help people adapt to the future world of work, according to a new OECD report. Getting Skills Right: Future-Ready Adult Learning Systems says that new technologies, globalisation and population ageing are changing the quantity and quality of jobs as well as the skills they require. Providing better skilling and re-skilling opportunities to workers affected by these changes is essential to make sure the future works for all.

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More than 600 people quit work to look after older and disabled relatives every day

More than 600 people quit work to look after older and disabled relatives every day

New research by Carers UK claims that 2.6 million have quit their job to care for a loved one who is older, disabled or seriously ill, with nearly half a million (468,000) leaving their job in the last two years alone – more than 600 people a day. This is a 12 per cent increase since Carers UK and YouGov polled the public in 2013. The findings also show that more people are caring than previously thought, with almost 5 million workers now juggling their paid job with caring – a dramatic rise compared with Census 2011 figures of 3 million.

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A sense of belonging is crucial factor for employee engagement

A sense of belonging is crucial factor for employee engagement

A sense of belonging is just as important an employee retention tool as good pay and benefits, a new academic paper has found.  In his paper Creating a committed workforce: Using social exchange and social identity to enhance psychological attachment within an ever-changing workplace, Dr Ali Fenwick of Nyenrode Business Universiteit, Breukelen, the Netherlands., argues that identifying with the team, leader, brand and organisation is paramount to workplace commitment as well as work performance. (more…)

Rise in number of employers that prioritise reduction of gender pay gap

Rise in number of employers that prioritise reduction of gender pay gap

Rise in number of employers prioritising closing the Gender Pay Gap

New research commissioned by the Government Equalities Office (GEO) has found that more companies are prioritising reducing their gender pay gap since the legislation was introduced in 2017. The research found that 69 percent of employers now view closing the gender pay gap as a high or medium priority, an increase of 8 percent on last year. With 10,000 companies reporting their pay gaps last year, the new research also showed that 67 percent of companies are having discussions at board-level to find ways of closing the gap. The GEO published the results as it announced two new pieces of guidance, providing step by step advice for employers which helps them to identify potential causes of the gender pay gap in their organisation and develop an effective action plan to tackle it.

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UK cyber threat intensifies within both the private and public sector

UK cyber threat intensifies within both the private and public sector

The UK’s cyber threat environment is intensifying, with over three quarters (88 percent) of organisations reporting they’d experienced a cyber breach in the last 12 months. The UK Threat Report from Carbon Black also claims attacks are growing in volume and the average number of breaches has increased. The average number of breaches per organisation over the past year was 3.67 and 87 percent of organisations saw an increase in attack volumes. In addition, 89 percent of organisations say attacks have become more sophisticated.

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Organisational innovation being stymied by lack of senior support

Organisational innovation being stymied by lack of senior support

Organisational innovation being stymied by lack of senior supportA lack of senior stakeholder support is the greatest inhibitor of change, new research suggests as despite considerable enthusiasm to innovate, organisations are being thwarted by tight resources and strong internal resistance. The data commissioned by KCOM found that organisations are also limiting themselves by turning away the specialist skills and experience that could help them advance, through overly predictive procurement processes. They are however, eager to be more competitive, which is why organisations are making big investments in innovation projects. Almost half (43 percent) consider driving digital transformation to improve competitive advantage to be their top priority in the next year. A further 32 percent are allocating at least 20 percent of their IT budget to new projects. Both public and private sector organisations are also taking an increasingly people-centric approach to digital transformation. In the next year, 80 percent said they would incentivise staff retention through training, accreditation and career development to deliver on their innovation strategy. This is compared to 71 percent who said they would do so by investing in new technologies.

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Staff are still largely sedentary and want benefits that will help improve wellbeing

Staff are still largely sedentary and want benefits that will help improve wellbeing

Staff are still largely sedentary but want benefits that help improve wellbeingDespite the fact that a large number of employees continue to be relatively sedentary during their working day, there a growing demand for benefits that could help them achieve a healthier lifestyle, claims new research from Personal Group. More than 40 percent of employees surveyed want health insurance to be added to their workplace benefits programme; more than a third (34 percent) would like their employer to introduce discounted gym memberships, and more than one in four (28 percent) want to have access to rewards linked to physical activity. Almost a quarter (24 percent) want physical health-based incentives, such as interdepartmental step challenges or competitions added to their company-wide benefits programme. However, data shows that 70 percent of those surveyed who sit down to work only get up from their desk or workstation every hour at best, and 38 percent only move every two hours or more. Furthermore, a large proportion of employees eat at their desk or workstation on a regular basis (32 percent) and the majority choose to drive to work (60 percent) over walking (15 percent) or cycling (3.5 percent).

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