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 →

Majority of people living in poverty are in a working family

Majority of people living in poverty are in a working family

povertyMore than half of the people in the UK classified as living in poverty are members of a working family. According to the Joseph Rowntree Foundation’s state of the nation report on poverty in the UK, poverty has risen for children and pensioners over the last five years. Although employment has increased, in-work poverty has also gone up because often people’s pay, hours, or both are not enough. More →

Aloof bosses should change their job title to chief elusive officer

Aloof bosses should change their job title to chief elusive officer

aloof bossesThe bosses of many of Britain’s biggest businesses are so disengaged from their workers and the company hierarchy so embedded, that they should start calling themselves Chief Elusive Officers. That is the key finding of a survey of companies across western and northern Europe and North America into what employees think of their chief executives carried out by HR software firm Unit4. More →

Cuts to government estate save £2bn

Cuts to government estate save £2bn

Public Sector EstateWork to reduce the size of the government estate has freed up land for development, including new housing, and secured more than £2bn over the past year, the Cabinet Office has claimed. The ‘State of the Estate 2018-2019’ report shows the government estate, which is made up of buildings across the country, is now 30 percent smaller than it was in 2010. In the past year, 339 former government sites have been disposed of, totalling 277,000 square metres – the equivalent of 39 football pitches. The cost of running the estate has also fallen by £50 million a year. More →

Half of ‘sandwich carers’ keep responsibilities hidden

Half of ‘sandwich carers’ keep responsibilities hidden

carersSome 47 percent of employees who care for both children and elderly relatives (sandwich carers) are keeping these responsibilities hidden from their employer, a survey from BHSF, a not-for-profit health and wellbeing provider, has suggested. With so many choosing to stay quiet about their outside commitments, the researchers warn that employers are left floundering in the dark when it comes to providing the most appropriate employee benefits to support their workforce. More →

IR35 pushes freelancer confidence to six-year low

IR35 pushes freelancer confidence to six-year low

IR35Two surveys have highlighted continuing fears among freelancers about the changes to the IR35 rules due to take effect in April. The reforms will shift the responsibility for defining contractors’ tax status from the individual to the employer to crack down on so-called ‘disguised employment’, where off-payroll workers are able to pay less tax than employees. However, concerns have been raised that the rules could force organisations to bring genuine contractors and freelancers on to the payroll, reducing flexibility for both parties. More →

‘Alternative workers’ unhappy with pay but value flexibility

‘Alternative workers’ unhappy with pay but value flexibility

alternative workers The UK’s ‘alternative workers’, comprising gig economy workers, freelancers and contractors, have cited lack of pay, benefits and job security as their most significant concerns in new research. Yet according to The 2020 Pulse of Talent report released by Ceridian, plenty of the 536 respondents praised the flexible and ‘interesting’ nature of the work on offer. More →

Digital sector worth £400 million a day to UK economy

Digital sector worth £400 million a day to UK economy

According to new government figures, the country’s digital sector contributed £149 billion to the UK in 2018, accounting for 7.7 percent of the economy. This is up 7.9 percent on the previous year, meaning growth in the sector is nearly six times larger than growth across the economy as a whole, which increased by 1.4 percent. More →

Executives feel more pressure making a big decision at work than in their personal life

Executives feel more pressure making a big decision at work than in their personal life

decisionsExecutives in small and mid-sized businesses in the UK are more anxious about major decisions at work than critical decisions at home that affect their family, a new study has claimed. The new study by Oracle NetSuite, Unlocking Growth, which provides insights from more than 1,000 business executives in the UK, France, Germany, UAE, Benelux and the Nordic countries, found that 92 percent are overwhelmed by data when making decisions. A third of UK executives are putting risk mitigation ahead of potential success to avoid damaging their career, while 23 percent rely on gut feeling to make critical decisions. More →

End of Brexit uncertainty boosts London commercial property market

End of Brexit uncertainty boosts London commercial property market

commercial propertyLondon is set for an increase in commercial property investment in 2020 as international investors target the capital’s high-yielding office market, following the decisive 2019 UK General Election result. According to the latest research from Knight Frank, investors have increased the total capital targeting London commercial assets to £48.4bn, a 21 percent rise on 2019 and £2bn higher than 2018. However, with just £2.3bn of buildings for sale, investors will face strong competition, which is expected to drive values higher in 2020. More →

Time to Talk Day: fewer than one in ten would discuss mental health with manager

Time to Talk Day: fewer than one in ten would discuss mental health with manager

Time to Talk DayThree-quarters of UK employees who have experienced a mental health condition believe stigma around the issue has reduced over the past year but the vast majority would still not discuss their condition with their line managers, according to new research. Aviva’s “Health of the Workplace” report, released for Time to Talk Day, suggests that just 9 percent of employees who have had a mental health condition sought help from their line manager, 12 percent would discuss their condition with a work colleague and only 4 percent would talk to HR. More →

UK’s most hated office jargon is a no-brainer

UK’s most hated office jargon is a no-brainer

office jargon‘Touch base’ and ‘no-brainer’ are apparently the most loathed pieces of office jargon in the UK, with ‘outside the box’ and ‘go the extra mile’ following closely behind. According to a survey of 2,000 people by Premier Inn, almost one in five people say they can’t stand one of these four pieces of corporate speak. More →