September 16, 2015
UK pay rates predicted to overtake rest of Western Europe 0
Latest figures from the ONS show that after several years of pay rises at or below the level of inflation, the UK has seen average pay rates grow at the fastest rate since 2009. Unemployment rates are unchanged at 5.5 percent compared with February to April 2015 but lower than for a year earlier (6.2 percent). Comparing May to July 2015 to a year earlier, both total pay (including bonuses) and regular pay (excluding bonuses) for employees in Great Britain increased by 2.9 percent. According to the latest Salary Budget Planning Study from Towers Watson’s, this upward trend will continue, with British workers set to enjoy a boom in real-terms pay increases in 2015. The study, primarily covering private sector companies, shows that average UK pay rises of 3 percent, coupled with record low annual inflation of 0.2 percent, will outstrip those enjoyed by workers in all other major European economies.
September 17, 2015
Growth of on demand economy is transforming work and workplaces 0
by Mark Eltringham • Comment, Flexible working, News, Technology, Workplace design
Some of the key characteristics of the workplace of the near future are starting to crystallise pretty rapidly. In many ways, employees are aware of this to a greater extent than employers, legislators and politicians. For example, this week and over recent weeks Uber has been arguing in courts around the world that its drivers are not employees but are in fact self-employed. This is the shape of things to come. In the UK, around a fifth of the workforce is already freelance or self-employed, something which politicians like to misinterpret as small business, possibly because it makes them look better because they associate it with entrepreneurialism and the prospects of these firms employing other people. The idea this is simply not the case is supported by a new report from software provider Intuit which claims that just 13 percent of British workers think they will be in traditional employment in 2025.
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