Redundancies set to double the peak reached in the 2008 recession

Redundancies set to double the peak reached in the 2008 recession

RedundanciesNew analysis of official data released to the Institute for Employment Studies (IES) claims that between May and July 2020, employers notified government of nearly 380,000 potential redundancies. This is more than double the peak reached in the Great Recession, when 180,000 staff were notified as being at risk between January and March 2009. More →

Jobseekers still looking to work for organisations that share their values

Jobseekers still looking to work for organisations that share their values

JobseekerCovid-19 has changed the profile of today’s jobseekers and as such, an organisation’s purpose is valued more than ever suggests new research from the recruitment agency Hays. Of the 13,500 surveyed, four in five (81 percent) professionals say working at an organisation that has a strong and positive purpose aligned to their motivations is important when considering a new role. Close to half (42 percent) say this has grown in importance since the outbreak of Covid-19. More →

The mental health consequences of COVID grow increasingly clear

The mental health consequences of COVID grow increasingly clear

Mental healthThe number of self-employed people saying they have “poor” or “very poor” mental health has increased from 6 percent to 26 percent since the beginning of the pandemic (a 300 percent rise), claims new research by IPSE (the Association of Independent Professionals and the Self-Employed). The number saying they had “good” or “excellent” mental health has also dropped significantly since the beginning of the pandemic – from two-thirds (68 percent) to just over a third (39 percent). This was most severe among women (a drop of 54 percent) and young freelancers aged 16-34 (a drop of 49 percent). More →

Progression is hard, but promotion is rewarding

Progression is hard, but promotion is rewarding

PromotionHighly talented workers join prestigious firms, claims new research by the University of Cologne, Bielefeld, Braunschweig and the California State University, East Bay. The study, conducted by Professor Oliver Gurtler, suggests that it is harder to advance in a competitive firm, but the promotion is higher valued by the labour market. More →

Resilience is missing for many employees

Resilience is missing for many employees

ResilienceA new report from Aon,examined the views of employers and employees across five major countries in Europe and claim that just 30 percent of employees are resilient while also suggesting that resilience can triple when employers adopt a well-rounded programme of support. Employees with poor resilience have 55 percent lower engagement at work and are 42 percent less likely to want to stay with their employer. In the UK, 29 percent of employees are resilient, and those with poor resilience have 59 percent lower engagement and are 43 percent less likely to want to stay with their employer. More →

Healthcare appointments routinely missed due to work pressures

Healthcare appointments routinely missed due to work pressures

Work pressuresResearch by employee benefits provider Unum claims two fifths (42 percent) of UK working parents and carers of children surveyed, had cancelled, or weren’t able to make a health care appointment due to work pressures. This figure is in stark contrast to employees without caring responsibilities; only 23 percent of whom have ever had to cancel or weren’t able to make an appointment. This highlights the disadvantage that working parents and carers of children are immediately faced with when it comes to achieving a good work-health balance. More →

Remote work and the coming race to the bottom

Remote work and the coming race to the bottom

One of the most significant consequences of the 2008 economic crash was a remarkable shift in the nature of employment. The recession led to a surge in the number of people categorised as self-employed. The numbers have been increasing ever since, albeit at a more stable rate. By the end of 2019, the number of self-employed people in the UK exceeded five million people for the first time. That’s fifteen percent of the workforce. More →

We need to include disabled people in our conversations about diversity

We need to include disabled people in our conversations about diversity

two people talking to illustrate the growing number of disabled people in self-employmentThis sounds really obvious but when organisations talk about diversity and inclusion they often forget to include disability. They talk about the importance of women in leadership and the gender pay gap, the need to include people from an ethnic minority background especially following the Black Lives Matter movement. And June just gone was dedicated to LGBT+ Pride month. More →

Low paid workers and those in precarious jobs bearing brunt of Covid-19

Low paid workers and those in precarious jobs bearing brunt of Covid-19

New research by the Institute for Employment Studies (IES) think tank, funded by Standard Life Foundation, suggests that low paid workers are bearing the brunt of the Covid-19 crisis. The analysis provides what it says is the first detailed assessment of official Labour Force Survey data for the post-crisis period. More →

Nearly all businesses are aware of disability issues, but more needs to be done

Nearly all businesses are aware of disability issues, but more needs to be done

A new study of 120 global brands shows how over 90 per cent of businesses now recognise the importance of disabled employees and customers. The study is the first to consider how businesses are serving the needs of disabled people at a global and local level and how to share best practice. More →

Leaders need to develop a high care quotient for the new challenges they face

Leaders need to develop a high care quotient for the new challenges they face

Everything has taken a hit in 2020. Nothing has gone unscathed or unchanged – and the same goes for leadership. From boardrooms to living rooms, meeting rooms to spare rooms, leadership has moved away from face-to-face interactions to digital communications. Meanwhile, forward-thinking initiatives, spurred on by continuing diversity imbalances and widening gender pay gaps, have been put on hold. Following government guidance, only half of businesses published their 2018-19 gender pay gap report – which could reportedly push gender equality back a whole generation. We are risking losing sight of what’s important to us – and unless we’re intentional about how we make systemic, much-needed organisational changes, they’re not going to happen if we only focus on more ‘critical’ things, or keeping the lights on. More →

COVID anxiety changing commuter travel habits, according to research

COVID anxiety changing commuter travel habits, according to research

commutersAround 6 in 10 London commuters will change the way they travel when the return to work begins, research by Addison Lee claims, with COVID-19 safety concerns changing transport demand patterns. More →