EU membership can hamper local businesses

EU membership can hamper local businesses

EU membershipEastern European businesses have benefited overall from EU membership but, for local firms, the promise of joining does not always live up to expectation or improve productivity, a report has warned. On the plus side, EU membership results in a significant increase in foreign investment, the report from IZA World of Labor suggests. More →

Watchdog raises concerns at councils` commercial property investments

Watchdog raises concerns at councils` commercial property investments

commercial property risksSome local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). More →

Take-up of shared parental leave set to boom

Take-up of shared parental leave set to boom

shared parental leaveEmployers should prepare themselves for a dramatic rise in staff taking shared parental leave, a new research report into shifting attitudes to flexible working and childcare for working parents has claimed. While only 7 percent of employees with children have taken up the opportunity of shared parental leave so far, 38 percent of those planning to have further children intend to do so when they have their next child, YouGov polling of 1,000 employees and 500 HR decision makers suggests. More →

Third of freelancers plan to stop contracting in UK due to IR35

Third of freelancers plan to stop contracting in UK due to IR35

IR35Nearly a third of freelancers are planning to stop contracting in the UK because the changes to IR35 due in the private sector in April, research has claimed. One in seven freelancers (13 percent) plan to find contracts abroad, 11 percent plan to stop working or retire early and 8 percent plan to move into employment, according to IPSE (the Association of Independent Professionals and the Self-Employed). Half of the freelancers surveyed also said they will only continue freelancing if they can find contracts to which the new off-payroll working rules do not apply. More →

Flexible working can help mental wellbeing

Flexible working can help mental wellbeing

flexible workingFlexible working can help employees manage mental illness and keep them in the workforce during difficult life events, a survey by US-based FlexJobs has claimed. Of 2,100 respondents with a mental illness, such as anxiety or depression, 84 percent thought having a flexible job would help them manage their condition better. More →

Europe must do more to bring discoveries to market

Europe must do more to bring discoveries to market

discoveriesAlthough Europe has much scientific research to be proud of, the region falls worryingly short when it comes to commercialising its discoveries, a study has concluded. A fifth of the world’s leading 100 research organisations – as determined by factors such as the number of articles published in academic journals – are based in Europe, experts from IESE Business School, the European Commission and Oxford University, among others, claim. Yet researchers often lack the resources required to find the right market for their discoveries. More →

Public sector must be more open on AI, says watchdog

Public sector must be more open on AI, says watchdog

AIThe public sector must uphold high standards of conduct when adopting AI, a report from the Committee on Standards in Public Life has concluded. The committee does not believe a new AI regulator or major legal change are necessary but it does have concerns about lack of openness, lack of accountability and data bias. More →

Two fifths of workers hide health issue from boss

Two fifths of workers hide health issue from boss

health issueMore than 40 percent of workers have a hidden health issue they’ve never disclosed to their employers, with younger employees the most likely to withhold information from their bosses, according to new research. A survey of 1,000 employees, carried out by healthcare provider Benenden Health, revealed 63 percent of respondents aged 23 or under and 60 percent of 24-38-year-olds surveyed haven’t told their employers about a health issue. This is compared to 35 percent of respondents aged 39-54 and 18 percent of those aged 55 or over. More →

Employers face uphill battle to prevent presenteeism

Employers face uphill battle to prevent presenteeism

presenteeismOver the last 12 months, seven in 10 UK business leaders witnessed presenteeism, where someone come into the office when they are unwell, a survey has claimed. The issue is particularly prevalent at certain times of the year, recruitment firm Robert Half suggested, with 71 percent of respondents considering that presenteeism increases during the winter months when colds, flu and other respiratory illnesses are more common.
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Gig economy ruling threatens business model of Uber and others

Gig economy ruling threatens business model of Uber and others

gig economyThe ongoing worldwide friction between legislators and firms operating in the “gig economy” was evident this week as a US judge denied Uber and Postmates a temporary reprieve from California’s new gig worker law. The ruling comes as a setback for both companies as the legislation has the potential to undermine their business models. More →

Fit notes for stress-related disorders rise by 8 percent

Fit notes for stress-related disorders rise by 8 percent

stressGPs issued nearly three-quarters of a million fit notes last year stating that an individual was not fit to work due to a stress-related disorder, new research has claimed. This is a rise of 8 percent compared to 2017/18 (741,210 notes issued, up from 686,670), employment law firm GQ Littler said. The total number of fit notes issued increased by 4 percent over the same period to 9.7 million, up from 9.3 million. More →

Freelancers` motivations explored in new report

Freelancers` motivations explored in new report

FreelancersFreelancers value the freedom and flexibility of being their own boss but their happiness is most closely correlated with how much money they earn, a survey of 7,000 freelancers has claimed. According to the report from Payoneer (registration required), the worldwide average hourly rate charged by freelancers is $21, up from $19 two years ago. This is significantly higher than the average salary in many of the 150 countries surveyed. Those who work exclusively in freelancing earn a higher rate and are more satisfied with their lifestyle than those who split their time working for a company. More →