Search Results for: labour market

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 →

Boardroom heroes needed to transform working cultures

Boardroom heroes needed to transform working cultures

Even as the UK starts to open back up following the COVID-19 enforced lockdown, there are still many unanswered questions about how almost every aspect of our lives will be impacted. What is certain though, is that we will continue to see a paradigm shift take place across all areas of the workplace. Employers must ensure they have the right measures and policies in place to deal with the transformations that have taken place across the UK’s labour market throughout the lockdown period. This is crucial, as only those who have a strong workplace culture will succeed in the post-pandemic world. More →

Working from home parents have struggled during lockdown

Working from home parents have struggled during lockdown

working from home parentsNew research from the University of Kent and the University of Birmingham suggests that the recent surge in the number of people working from home during the COVID-19 lockdown has presented significant challenges for those who are parents, particularly mothers. Despite this, the shift has also changed the way that many people intend to work in the future. More →

Self-employment is great for wellbeing, not so great for the bank balance

Self-employment is great for wellbeing, not so great for the bank balance

In the week the ONS announced that the number of self-employed people in the UK had dropped by 178,000 over the last quarter, a new report from the Joseph Rowntree Foundation and the Institute for Fiscal Study suggests that the growing number of people who turn to self-employment do so despite a drop in their incomes. On average, they earn nearly £500 (30 percent) less a month than they did before falling out of traditional employment. More →

Working parents and carers call for more flexible working post-COVID

Working parents and carers call for more flexible working post-COVID

flexible workingNew figures published today claim that more than 9 in 10 working parents and carers surveyed by work-life balance charity Working Families want their workplace to retain flexible working post-COVID-19.   More →

Organisations still adjusting to reality of `gig economy`

Organisations still adjusting to reality of `gig economy`

gig economyA new report from Aon claims that the so-called gig economy will continue to flourish but many employers are still adjusting to its realities. Using research from HR and gig workers across Europe, the report, Gig Economy: Financial Security or Greater Control, claims that 26 percent of European HR directors believe their workforces will have 51-75 percent of gig workers in five years’ time, while 18 percent of UK HRDs believe 75 percent or more of their workforce will be made up of contractors in 5 years’ time. Nearly all HRDs believe providing health and benefits packages would improve gig worker recruitment (94 percent), engagement (93 percent), productivity (88 percent) and retention (95 percent). More →

New IR35 rules for self-employed riddled with problems, says government committee

New IR35 rules for self-employed riddled with problems, says government committee

A report into the government’s plan to introduce IR35 reforms to the private sector has concluded that it is so flawed that it should be delayed and reconsidered. The committee concluded the rules are “riddled” with problems and unfairness. The authors conclude that the Government has overlooked the potential impact on the wider labour market, including the so-called gig economy. The Committee also heard that many companies were already nervous about the rules and so making blanket status determinations and laying off contractors. More →

One million young workers set to leave London before turning 33

One million young workers set to leave London before turning 33

Young workers

The number of young workers leaving London is on the rise, with net migration away from the capital growing, claims new research from Totaljobs and Professor of Economics at Lancaster University, Geraint Johnes. The new research, taken from analysis of ONS data as well as the views of 2,000 Londoners, suggests that since 2014, more than one million professionals have left London, with just 900,000 coming in. This is a net loss of 88 workers every day, with the biggest shortfall down to workers aged 25-34, the majority (54 percent) of them having given up hope of ever owning property in the capital. There has been a 49 percent increase in outbound migration of those in their 30s over the last five years. More →

What is the evidence for the benefits of basic income?

What is the evidence for the benefits of basic income?

basic incomeThe idea of giving everybody something called basic income – an unconditional, regular income – has become increasingly popular in the last few years, partly because employment has become less secure and people fear that increasing automation may cause job losses across many sectors. More →

UK squandering workers’ potential through lack of training

UK squandering workers’ potential through lack of training

workplace trainingThe UK is ignoring the value of millions of workers by overlooking workplace training and opportunities to upskill, a new survey has suggested. According to the Missing Millions report from City & Guilds Group, a third of employees have either not received workplace training in the last five years or have never had any such training – equating to 17.8 million people in the UK with outdated skills. The result, the report claims, is declining productivity and problems remaining competitive. More →

London office rents to rise due to “Boris bounce”

London office rents to rise due to “Boris bounce”

London office rentsRents for new, Grade A office space are likely to rise in many parts of London this year, a property consultancy has predicted. According to Carter Jonas, rents for prime located, new, mid-rise, Grade A space above 5,000 sq ft will typically increase by £1.50 – £2.50 per sq ft per annum by the last quarter of 2020 across most of the London office sub-markets. The forecast increases are being underpinned by continued low vacancy rates and unexpectedly strong demand as business confidence increases following the general election. More →

Public sector hiring intentions at 12-year high

Public sector hiring intentions at 12-year high

An increase in hiring intentions among public sector employers looks set to support further employment growth in the UK, according to a report from the CIPD and the Adecco Group. The latest quarterly Labour Market Outlook survey suggests that public sector employment growth is expected to increase in line with the private sector for the first time since 2008. More →