Search Results for: cost of living

Employers will promote internal talent to meet Brexit challenge

Employers will promote internal talent to meet Brexit challenge 0

by • Legal news, News, Workplace

Brexit talent drain

Bosses are divided on whether staff morale will suffer following Brexit, with 48 percent of respondents to a recent survey believing it will and 51 percent expecting no change, despite 74 percent of organisations believing employees are at least ‘somewhat concerned’ by the impact of the vote. Though the majority of companies (82 percent) believe it is their duty to keep employees informed of the potential impact of Brexit on their organisations, few (11 percent) have started communicating openly. The report by Mercer, Planning for Brexit – Talent Implications, also suggests the while the true impact of potential changes to immigration policy remains unknown so far, talent availability is being seen as a top long-term challenge. Over half (58 percent) of companies think their workforce plans will change in the longer term and the majority (66 percent) anticipate a stronger focus on developing and promoting talent from within to compensate for a possible lack of access to wider talent pools.

(more…)

CIPD publishes manifesto on how next Government could shape future of work

by • Flexible working, News, Workplace

CIPD manifesto on how next Government should shape the future of workA sustainable recovery and successful future economic performance depends on future governments adopting policies that address fundamental skills and productivity issues, as well as looking at other agendas which will actively shape the future of work. This is according to the CIPD ‘Manifesto for Work,’ published today, which calls on the UK’s political parties to focus on the key issues facing employers and the workforce in the run up to the General Election 2015. Amongst a set of proposals, the HR body is calling on the Government to take a “good practice” approach to employment regulation and policy by supporting the creation of a Workplace Commission, with the aim of helping employers raise standards of people management. CIPD chief executive Peter Cheese, says a better focus and understanding of the changing nature of work, the requirements and needs of the workforce, and the changing workplace will be needed to meet the future challenges. (more…)

New data suggests that London no longer belongs to the UK, but the World

by • Comment, News, Property

One of the subjects touched on in the first episode of Evan Davis’s BBC documentary series about the economic distinctions between London and the rest of the UK Mind the Gap was the impact of investment by the global super-rich into London property. At one point he asked the Malaysian investor behind the £8 billion Battersea Power Station redevelopment whether he’d considered investing in other cities in the UK. The response was a straight no, but the accompanying glance said rather more. London is no  longer a British city but one that belongs to the world, it said, so any comparison with Manchester, Birmingham, Bristol, Leeds, Cardiff and Edinburgh is meaningless. You might disagree with this point of view, but a raft of new data appears to make it very evident indeed that London is now shaped by global plutocrats in a way that cannot be mirrored in the rest of the UK.

(more…)

No pay rise for a while? Get used to it, says the CIPD

by • News, Workplace

Ivor Lott and Tony Broke_96The Chartered Institiute of Personnel and Development has today released a report analysing the most sustained and severe fall in real wages since at least the Second World War, and warns that the decline will not be reversed until there is a substantial improvement in the UK’s productivity.  The report is accompanied by new survey data showing many employees expect pay rises in 2014 to be below inflation – a repeat of their experience in 2013. ‘Have we seen the end of the pay rise?‘, which is the third in a series of four Megatrends surveys exploring the future of work and the economic challenges which lie ahead, examines the effects of average weekly earnings that are now between 7.8 percent and 10.2 percent lower in real terms than they were five years ago, in January 2009, leading to a sustained squeeze on household finances.

(more…)

Moments of wonder can help to fend off depression and stress, research finds

Moments of wonder can help to fend off depression and stress, research finds

by • News, Wellbeing

A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stressThere’s a famously apocryphal story about the making of the 1965 biblical epic The Greatest Story Ever Told. During a rehearsal, John Wayne, playing the Centurion at the Crucifixion, was asked by director George Stevens to deliver his line about Jesus Christ being the Son of God “with awe.” So, in the next take, the actor changed the line from the Bible to: “Awe, truly this man was the son of God.” Turns out that a daily dose of awe may be just what we all need. A new peer-reviewed study published in the Journal Nature suggests that brief moments of wonder and amazement can significantly reduce symptoms of depression and stress, even in individuals coping with persistent physical and mental health challenges. (more…)

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

Little evidence that hybrid working has encouraged high skilled people to relocate to cheaper regions

by • Flexible working, News

the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the countryA new report and series of policy briefings by a team of UK researchers suggest that the shift towards remote and hybrid working has not significantly changed where people live, nor has it helped to distribute talent more evenly across the country. Led by Professor Jackie Wahba OBE from the University of Southampton and Dr David McCollum from the University of St Andrews, the research was conducted by the ESRC Centre for Population Change and Connecting Generations, in collaboration with academics from the University of Birmingham, De Montfort University, and the University of the Arts London. The findings show that most remote workers continue to follow hybrid working patterns, splitting their time between home and the office while staying within commuting distance of major employment centres. This trend limits the potential to reduce regional inequalities or drive economic growth outside of London and the South East.

(more…)

Negative feelings about work continue to grow, especially for managers

Negative feelings about work continue to grow, especially for managers

by • AI, Flexible working, News, Technology, Wellbeing

People are becoming increasingly disengaged from work at a time when technological change is demanding more from them than everThe State of the Global Workplace: 2025 Report from Gallup frames a stark warning to business leaders and policymakers: people around the world are becoming increasingly disengaged from work at a time when technological change is demanding more from them than ever before. As artificial intelligence (AI) accelerates across industries, transforming everything from operations to communication, the human foundations of the workplace—employee engagement and wellbeing—are showing signs of deep strain. (more…)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

People’s expectations of work have changed forever (and they think office work should pay better than remote work)

by • Flexible working, News, Workplace

The Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employeesThe Covid-19 pandemic and the rapid shift to remote work have had a “radical impact” on the global workforce, particularly among younger employees who began their careers during this unprecedented period, according to new research published by BSI in collaboration with the think tank ResPublica. The study, part of BSI’s Evolving Together series, claims to provide a comprehensive picture of a workforce cohort shaped by the pandemic and explores how these formative experiences continue to influence their expectations and behaviours. Drawing on a global survey of 4,700 individuals who entered the workforce during or since the pandemic, as well as focus groups and international literature reviews, the research sets out to paint a nuanced portrait of the so-called “hybrid generation”. (more…)

Our happiness depends on kindness and connections with other people

Our happiness depends on kindness and connections with other people

by • News, Wellbeing

Our happiness is determined by kindness and our connections with other people, claims the latest World Happiness Index reportThe World Happiness Report 2025, released today to coincide with the UN’s International Day of Happiness, reveals that people are generally kinder than commonly perceived, and that social connections play a pivotal role in determining how happy we are. The report highlights a significant disparity between perceived and actual acts of kindness within communities. Global studies on the return of lost wallets indicate that actual return rates are approximately double what people anticipate. This suggests that communities are more benevolent than individuals often believe, and recognising this kindness is strongly associated with higher happiness levels. (more…)

Five years on and firms are also suffering from the effects of long Covid

Five years on and firms are also suffering from the effects of long Covid

by • Flexible working, News, Wellbeing

Many employers are still struggling with the long-term effects of the Covid-19 pandemic, five years after the first UK lockdown begaMany employers are still struggling with the long-term effects of the Covid-19 pandemic, five years after the first UK lockdown began, according to the CIPD. While the pandemic led to significant changes in working practices and an increased focus on employee wellbeing, challenges around productivity and economic inactivity persist. The pandemic brought widespread upheaval, with many people experiencing job losses, business closures, and the loss of loved ones. However, the CIPD argues that it also prompted positive changes in the workplace, including greater flexibility in working arrangements and increased adoption of technology to support collaboration. Despite these developments, many businesses continue to face difficulties, particularly as the cost-of-living crisis and economic uncertainty exacerbate the challenges of workforce engagement and productivity. (more…)

Global real estate markets grow (very cautiously) optimistic

Global real estate markets grow (very cautiously) optimistic

by • News, Property

The global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertaintyThe global real estate sector thinks it is close to ending a three-year journey to recovery, with a widely held view that 2025 may breakthrough to a ‘reset point’ or commence a new cycle. Even so, real estate leaders globally are braced for another challenging year of uncertainty, with lingering inflation, largely driven by factors including geopolitical instability, and persistently higher interest rates in some regions, potentially delaying a hoped-for recovery in capital markets and occupancy metrics. This is according to the Emerging Trends in Real Estate Global Outlook 2025 from PwC and the Urban Land Institute (ULI), which provides an important gauge of global sentiment for investment and development prospects, amalgamating and updating three regional reports which canvassed thousands of real estate leaders across Europe, the United States and Asia Pacific. (more…)

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

UK Government set to ditch ‘right to switch off’ and make concessions on other employment rights

by • News, Wellbeing, Workplace

The government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hoursThe government is set to abandon plans to introduce a legal right for employees to “switch off” outside working hours, in a move aimed at easing the burden of Labour’s employment reforms on businesses. The policy was a key element of Sir Keir Starmer’s pledge to establish a “new deal for working people.” Although it was not included in the Employment Rights Bill currently passing through Parliament, ministers had previously committed to implementing a right to switch off in the future. (more…)

«< 8 9 10 11 12 >»