Search Results for: income

Half of freelancers planning to stop contracting in the UK after IR35 reforms

Half of freelancers planning to stop contracting in the UK after IR35 reforms

freelancers

Half (50 percent) of freelancers are planning to stop contracting in the UK after the changes to IR35 come into effect in April – unless they can get contracts unaffected by the changes – according to new research by IPSE (the Association of Independent Professionals and the Self-Employed). Instead, they are planning to seek contracts abroad (24 percent), stop working altogether (12 percent), seek an employed role (17 percent) or retire within the next year (11 percent). More →

Serfs up for the self-employed and gig economy workers (and the middle class)

Serfs up for the self-employed and gig economy workers (and the middle class)

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

From the archive: Flexible working may improve productivity, but does it diminish creativity?

From the archive: Flexible working may improve productivity, but does it diminish creativity?

flexible working and creativityOriginally published in December 2014. Homeworking seems to have become a bit of a hot topic this year, but one sentence published on the www.gov.uk website brought a cold sweat to the brows of many managers and employees across the United Kingdom. “From 30 June 2014, all employees have the legal right to request flexible working – not just parents and carers.” More →

Half of employers don’t have a financial wellbeing policy

Half of employers don’t have a financial wellbeing policy

financialDespite the financial hardship wrought by COVID-19, half of employers (49 percent) don’t have a financial wellbeing policy. This is according to the latest Reward Management Survey from the CIPD (which 420 employers responded to). More →

Two thirds of small businesses predict return to business as usual in 2021

Two thirds of small businesses predict return to business as usual in 2021

businessesThere is real optimism amongst small businesses owners that their businesses will return to pre-COVID normality by the end of the year, claims Tide. In a study conducted amongst small business leaders (of up to 50 employees), over two thirds (64 percent) agreed it was likely that with the successful vaccine roll-out their businesses could get back to normal before the end of 2021. More →

Employees believe their employer has a social responsibility to them

Employees believe their employer has a social responsibility to them

employeesEmployers are now more aware of their employee’s personal situation and family commitments than they were pre Covid-19, according to the Re:Me report from MetLife UK. This report, which explores the changing relationship between employers and employees amid the global pandemic, claims that seven in ten (71 percent) employees now feel ‘employers have a social responsibility to them’. More →

Self-employed workers and side hustlers to drive the UK’s economic recovery

Self-employed workers and side hustlers to drive the UK’s economic recovery

self-employedResearch released by Mettle and YouGov estimates that the UK’s growing self-employed and side hustler movement will contribute an estimated £125 billion in turnover to the UK’s economic recovery in 2021. Furthermore, small and medium-sized businesses (with 1-49 employees) are estimated to contribute approximately £310.46 billion. More →

More than half of UK workers planning to take on a side hustle

More than half of UK workers planning to take on a side hustle

workersOver half (54 percent) of UK workers say they are more open to taking on a side hustle or freelance work since the Covid-19 pandemic, according to new research from Fiverr. Over 2 in 5 (44 percent) agree they are more open to it, due to the flexibility that working from home has given them. More →

What we all get wrong about motivation and the hierarchy of needs

What we all get wrong about motivation and the hierarchy of needs

hierarchy of needsWhen it comes to understanding motivation, the stepping off point for most people is Abraham Maslow’s Hierarchy of Needs. The theory is now nearly 80 years old and its endurance is some kind of testimony to its insight. Yet a recent paper published in the Journal of Humanistic Psychology, authored by William Compton of Middle Tennessee State University argues that some of the ideas we most commonly associate with the theory seem to be myths. These include its most fundamental concept, the Pyramid of Needs.

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Low paid workers have borne the brunt of the pandemic

Low paid workers have borne the brunt of the pandemic

low paid workersNew analysis by the Institute for Employment Studies has found that low paid workers are more than twice as likely to have lost their jobs during the pandemic and are at far greater risk of being temporarily laid off or having their hours cut. The research, funded by Standard Life Foundation, concludes that in this current lockdown it is likely that around two thirds of low paid workers – or four million people – are either temporarily laid off or working fewer hours than normal. This would be double the rate of work disruption for staff who are not classified as low paid. More →

Furlough scheme should be extended ahead of the Budget, says CIPD

Furlough scheme should be extended ahead of the Budget, says CIPD

furloughWith six weeks still to go until the Chancellor’s Budget, the CIPD is urging the Government to act early to extend the furlough scheme to protect jobs, support incomes and enhance skills development. Its calls are outlined in a report called The Future of Furlough – Recommendations for now and for any future wage subsidy. In order to support smaller firms who don’t pay an apprenticeship levy, the CIPD is also recommending the creation of a furlough scheme training fund of up to £100 million, which would be funded from levy-paying firms’ expired levy funds that would otherwise go to HM Treasury. The CIPD estimates that this could pay for training or outplacement skills development support for nearly 160,000 workers in small firms. More →

Pandemic has improved employee engagement levels say employers

Pandemic has improved employee engagement levels say employers

employee engagementEmployee engagement levels may have actually improved during the COVID-19 pandemic, claims a recent survey undertaken by intermediary Howden Employee Benefits & Wellbeing. More →