Poor numeracy thought to account for an estimated £3.2 billion annual cost to businesses

Poor numeracy thought to account for an estimated £3.2 billion annual cost to businesses

Poor numeracy thought to account for an estimated £3.2 billion annual cost to businessesAlmost one in two working age adults currently lack numeracy skills and this skills gap is estimated to cost businesses £3.2bn annually, with a cost to the UK economy of up to £20.2billion a year. This is why charity National Numeracy has joined together with founder supporter, KPMG, to establish the first ever UK National Numeracy Day – created to drive a change in recognition of the importance of numbers, as well as improve employee careers. The day, which takes place on the 16th May will be designed to celebrate numbers, and aims to help individuals to check their numeracy levels, and provide free tools to support improvement amongst those who could benefit. Businesses are being called on to get involved in a variety of ways; from becoming an official supporter, to encouraging employees, suppliers and the local community to check their numeracy levels using the free online numeracy assessment tool. 

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Ageing population and low fertility rate is leading to European labour force shortage

Ageing population and low fertility rate is leading to European labour force shortage

Ageing population and low fertility rate is leading to Europe's growing labour force shortage

Europe faces an increasing labour force shortage, which means that between 2017 and 2025, 184 out of 263 metropolitan areas from the EU-28 will record a negative growth rate in their working age population. According to a recent analysis by GlobalData this is due to a combination of lower fertility rates across most European Union (EU) countries, which is causing a reduction the growth rates of the youth population, while increased life expectancy is leading to a steady rise in the growth of the elderly population. But according to Ramnivas Mundada, Economic Research Analyst at GlobalData, ‘‘Measures such as increasing the levels of post-retirement employment opportunities, offering more support for women returning to the workplace and investing in youth employment, education and training could help to mitigate the impact of these demographic changes over the long term.’’

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Greater attention must be paid to office design to attract younger talent

Greater attention must be paid to office design to attract younger talent

Greater attention must be paid on the aesthetics of an office to attract younger talentOver a fifth (21 percent) of 18-24 year olds admit that they have rejected a potential employer because of the poor design of the office or lack of amenities available, while 34 percent in the same age group would be willing to commute for a maximum of one hour each way to an office that is considered perfect – compared to 22 percent of 45-54 year olds. The research, commissioned by Mindspace, found that 16 percent of 18-24 year olds have actually left a job because of how poorly designed the office was in one of their previous roles. Overall, nearly a third (31 percent), of workers are bored with their current office environment and feel uninspired at work, with 28 percent of workers describing their place of work outdated and dull. The research also found that while most workers had access to amenities such as a kitchen (72 percent), meeting rooms (66 percent) and free tea & coffee (53 percent), what UK office workers desire the most to improve morale is more natural light, air conditioning and improved interior lighting.

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New ruling means Australian workers will get five days of unpaid domestic violence leave

New ruling means Australian workers will get five days of unpaid domestic violence leave

The Australian Fair Work Commission has ruled that all employees, including part time and temporary staff, will be entitled to five days of unpaid leave if they are affected by family or domestic violence, if they “need to do something to deal with the impact of family and domestic violence and it is impractical for them to do this outside of their ordinary hours of work”. The Fair Work Commission said that over the past year it had held a number of consultations to help it consider the most appropriate and balanced term for the new domestic violence leave entitlement. The Australian Council of Trade Unions (ACTU) had suggested a number of possible models to the Commission, including the provision of 10 days of paid domestic violence leave for all employees. However, the Commission confirmed this week that a standard of five days leave is a “fair and relevant safety net entitlement”, adding that it has taken a “cautious regulatory response to this issue.”

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Growing disconnect between pay and workplace effort, claims report

Growing disconnect between pay and workplace effort, claims report

Exclusive polling undertaken by YouGov for Localis showed exactly half of those surveyed felt they were paid less than they deserved, a third (31 percent) paid roughly the right amount and 7 percent felt overpaid. The polling figures also indicated nearly two thirds (61 percent) of people felt unrewarded for hard work. The findings are contained in a report entitled ‘The Delivery of an Industrial Strategy – Raising prosperity across England’ which examines how strategic authorities, such as Mayoral Combined Authorities and county councils, can take the industrial strategy forward at a local level to raise local prosperity and living standards. More →

Gender pay gap could in part be due to women’s lack of confidence in seeking job progression

Gender pay gap could in part be due to women’s lack of confidence in seeking job progression

Gender pay gap could be due to women’s lack of confidence in seeking job progression

A new survey that confirms the ongoing gender pay gap with stats that show men are paid 42 percent more than women after ten years in workforce, goes on to suggest that the reason is not just to do with a lack of diversity but the attitude of women moving up the corporate ladder. The report from Adzuna claims that British men are significantly more confident than women in furthering their career. The career progression confidence gap between the genders widens greatest with those who have more than ten years’ experience in the workplace, with men twice more likely than women to hold a top job. The research analysed 500,000 CVs submitted through Adzuna’s ValueMyCV tool, comparing the gender and estimated pay grade with number of years’ experience in each respective industry. The research also highlights a disparity in the average salary commanded by men and women for the same position with the same number of years in experience.

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A growing number of employers are driving demand for independent professionals

A growing number of employers are driving demand for independent professionals

A new industrial revolution is underway, with almost every organisation on the frontline. Executive leaders, notably HR Directors, are grappling with what this means for the structure and design of their companies and the composition of their people. Changing business models, new technologies to access people, skills and capabilities, are common threads, with widespread implications for workplaces. With more people working remotely, flexi-time and on contract, designing workspaces, for instance, has become more challenging. Economic challenges impact every business and reduce appetite for investment, notably in permanent full-time staff. But scratch below the shared surface and every situation is different.

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Employees demand more, not less automation in the workplace

Employees demand more, not less automation in the workplace

Employees demand more, not less automation in the workplaceOver half (52 percent) of workers in a new poll have admitted looking for a new job because of frustrations over what they see as outdated ways of thinking around work practices and automation at their current company. The Digital Work Report 2018 commissioned by Wrike, surveyed just over 3,000 workers from across the UK, France and Germany, and highlighted a number of perceived benefits around automation, but its findings suggest that calls for greater adoption by employees are not being taken seriously. Nearly half of those surveyed (45 percent) in the UK believe automation would give their company a competitive advantage. However, while 39 percent are considering automation tools for some of their job functions, just 4 percent of UK companies have an automation strategy (i.e. planning to implement tools/techniques within next 12-24 months) for the whole company – considerably lower than European counterparts in Germany and France (both at 8 percent).

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Excessive workloads and lack of communication is increasing workplace stress

Excessive workloads and lack of communication is increasing workplace stress

UK office workers are under a tremendous amount of stress, and much of it is directly related to the way their work is being managed. That is the conclusion of a report by Workfront, which finds that office workers are becoming frustrated and burned out by poor work tools, processes, and communication. Four out of five office workers confessed that they feel burnt out and 73 percent expect their stress levels at work to increase in the near future. Nearly three quarters (74 percent) admit to feeling unrecognised and un-useful at work. With lack of communication and not knowing what others are working on (37 percent) cited as the number-one pain point across the board for stressed UK workers, it’s clear that businesses need to break down current silos, allowing people to engage more freely with senior staff members and see how their efforts impact the wider team. The study found that poor communication and visibility into work is UK workers’ number-one pain point in terms of work stress. It also reveals that 42 percent of office workers put in more than 6 hours of overtime per week and that 7 out of 10 office workers expect their stress levels at work to increase into the future.

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A third of UK employees think Brexit will negatively impact their current employment

A third of UK employees think Brexit will negatively impact their current employment

A year since the invocation of Article 50 to beginning the process of the UK leaving the EU, employee services provider Personal Group has published a survey based on  new research which claims that 32 percent of UK employees predict that Brexit will negatively impact their current employment. The study of around 1,100 UK employees claims that team leaders and managers are the most uncertain about their employment post Brexit, with 42 percent admitting they are unsure about how it will affect their current employment. Interestingly, men are more optimistic than women, with twice as many men expecting the change to have a positive impact on their employment versus women (3.5 percent versus 1.6 percent).

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Wellbeing programmes that focus on staff engagement neglect a need to address mental health

Wellbeing programmes that focus on staff engagement neglect a need to address mental health

The mental health of employees, especially those working within high pressured working environments are the number one concerns for UK CEOs. Nearly three quarters (73 percent) of respondents to the annual wellbeing report ‘Employee Wellbeing Research 2018’ from Reward & Employee Benefits Association (REBA) in association with Punter Southall Health & Protection, admitted that high pressure working environments are now the biggest threat to wellbeing. Just a third (34 percent) of respondents provide mental health training for line managers, and despite a similar percentage (35 percent) planning to introduce this training in the next 12 months, one in six (14.9 percent) say they have no plans to introduce this sort of training. Although mental health in the workplace is the top priority for almost three in five (60 percent) CEOs in the UK and the area of employee wellbeing with which their Board is most concerned, currently, the key drivers of wellbeing strategies are to improve engagement and culture. Well over a quarter (30 percent) of respondents said wellbeing strategies are primarily driven by a desire to increase employee engagement and 23 percent to improve organisational culture.

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Vienna ranks highest for quality of living, but emerging cities doing more to attract mobile talent

Vienna ranks highest for quality of living, but emerging cities doing more to attract mobile talent

Cities in emerging markets, though challenged by economic and political turmoil, are catching up with top ranking cities following decades of investing in infrastructure, recreational facilities and housing in order to attract talent and multinational businesses, finds Mercer’s 20th annual Quality of Living survey. Meanwhile, many of Europe’s cities still offer the world’s highest quality of living and continue to remain attractive destinations for expatriates on assignment, despite economic volatility due to uncertainty around Brexit and increased political volatility in the region overall. Vienna tops the ranking for the 9th year running and is followed by Zurich (2), Auckland and Munich in joint 3rd place. In 5th place Vancouver completes the top five and is the highest ranking city in North America. Singapore (25) and Montevideo (77) are the highest-ranking cities in Asia and Latin America respectively.  London – the highest ranked UK city – scores top marks in areas like access to public transport, and the variety and quality of theatres and restaurants, but has lower scores for air pollution and traffic congestion.

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