Search Results for: gender pay

Extending the length of working lives could boost UK GDP by £80 billion

Extending the length of working lives could boost UK GDP by £80 billion 0

The UK could boost its GDP by around 4.2 percent (around £80 billion at today’s values) if the employment rate of workers aged over 55 could match that of Sweden, the highest performing EU country, according to a new PwC analysis comparing the employment of older workers across 34 OECD countries. There is a 12 percentage point gap between the employment rates of workers aged 55-64  in the UK and Sweden. PwC’s Golden Age Index is a weighted average of indicators – including employment, earnings and training – that reflect the labour market impact of workers aged over 55. The UK has remained middling in the rankings since 2003, falling by one place from 18th in 2014 from 19th in 2015. The report suggests that extending working lives could have a transformational effect on the economy.

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What will the UK General Election mean for the workplace? Some experts respond

What will the UK General Election mean for the workplace? Some experts respond 0

Any residual feelings of certainty that anybody in the UK may have had about the country’s future following last year’s Brexit vote, will have had them pretty much eradicated by last Thursday’s General Election result. However, we must try to make sense of things for society and the wider economy as well as specific facets of it, such as the world of work. The whole thing looks like the pig’s ear that it is, of course. Fortunately, as some experts have already argued, there are some reasons to see some positive outcomes, including a soft (or softer) Brexit and the chance of a more positive approach to workplace rights, now that the Government needs to maintain a broader consensus. The fear or hope that the UK would lighten its already soft touch approach to workplace legislation would seem at least to be less well founded.

 

 

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The riddle of productivity + Legal implications of AI + Designing collaboration space

The riddle of productivity + Legal implications of AI + Designing collaboration space 0

In this week’s Newsletter; Mark Eltringham looks at designs for those who need to be connected permanently to something other than the inside of their own heads; the legal experts from Berg offers advice to employers on the incoming gender pay gap legislation; and from the most recent issue of Work&Place David Woolf charts the rise of global and distributed teams. Corporate occupiers embrace coworking to help reduce property costs; automation in the workplace will lead to drastic changes to laws across the world; and UK productivity may be up but the underlying puzzle remains unsolved. Research shows that two years in there remain barriers to the uptake of shared parental leave; European employees embrace the ‘gig’ economy; staff feel more stressed at work than they did a year ago; and commercial property investment in London’s West End hits a record high. Download our Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Future shock + Government saves billions in property + Technology and real estate 0

In this week’s Newsletter; Jo Sunderland visits the Boston Consulting Group (BCG) latest office in the new heart of New York; and Mark Eltringham remembers Alvin Toffler, author of Future Shock. The majority of employers are unprepared for new gender pay reporting Regulations coming into force in April; plans unveiled on a landmark £1 billion project in East London; and rationalisation means that vacant space within the central government estate now only represents 1.4 percent – well below the average in the private sector of 8.9 percent. UK workers stressed by putting in unpaid extra work; and even engaged employees will leave for the lure of a fresh challenge. From the latest issue of Work&Place which can be downloaded or viewed here, Kate Langan assesses the impact technology is having on the workplace and the use of corporate real estate;Download our Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Fathers’ careers stifled by modern workplace culture, claims report

Fathers’ careers stifled by modern workplace culture, claims report 0

The UK is running the risk of creating a ‘fatherhood penalty’ – as fathers consider stalling or side-lining their careers to find roles they can better combine with family life, according to a new study. The 2017 Modern Families Index, published today by work-life charity Working Families and Bright Horizons, captures a broad picture – of fathers wanting to take an active part in childcare and the workplace failing to adapt and support their aspirations. Family is the highest priority for fathers. A quarter of fathers that took part in the study drop their children at school or nursery every day; with just over a quarter (26 percent) collecting them more than half the time. Seven out of ten fathers work flexibly to fulfil their caring responsibilities. However, for half of the fathers we spoke to their work-life balance is increasingly a source of stress.  A third of fathers feel burnt out regularly and one in five fathers are doing extra hours in the evening or weekends all the time.

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Designing for virtual teams + Acoustics in the workplace + Knowledge management

Designing for virtual teams + Acoustics in the workplace + Knowledge management 0

In this week’s Newsletter; Dr Kerstin Sailer shares ten insights about organisational behaviours, perceptions, cultures and spatial design; David Woolf examines ways of designing workplaces for virtual teams; while Mark Eltringham extols the power of the introvert and explains why we need to accept that the workplace is in a state of near constant flux.  A new report reveals that the gender pay gap for millennials rises steeply once a women reaches 30; Brexit negotiations will ‘fire the starting gun’ on a decade of change for the UK; and we present some of the latest findings from this week’s British Psychological Society’s Division of Occupational Psychology annual conference held in Liverpool. Finally, Dr. Agustin Chevez and Laurie Aznavoorian look at the ways the physical environment shapes knowledge management. Download our new Briefing, produced in partnership with Boss Design on the link between culture and workplace strategy and design; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

Millennial women predicted to earn less than male counterparts over their careers

Millennial women predicted to earn less than male counterparts over their careers 0

Millennial women predicted to earn less than male counterparts over their careers

It has been suggested before that the gender pay gap is a reflection of what happens to women when they become parents – and a new piece of research backs up this theory by revealing an enduring pay penalty associated with having children; which, unless tackled this will mean that current and future generations of working women will continue to face a significant life earnings penalty. According to a new analysis published today (Wednesday) by the Resolution Foundation as part of its Intergenerational Commission, while the gender pay gap for millennials in their 20s has halved in a generation to just 5 percent, much of that progress looks set to be undone with early signs showing that the gender pay gap continues to escalate as women enter their 30s and 40s. This suggests that millennial women will still earn significantly less than their male counterparts over their careers.

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Mothers with young children a third less likely to be in work than fathers

Mothers with young children a third less likely to be in work than fathers 0

working motherThe growing body of evidence highlighting the challenges faced by working mothers has been broadened with the publication of a new report from the TUC which claims that mothers with young children are a third less likely to be in work than fathers. The TUC found that on average just 64 percent of mothers with children aged 0-4 are in paid work, compared to 93 percent of fathers. The analysis claims that the age of a woman’s youngest child has an influence on whether or not she works. The employment rate for mums increases by 11 percent to 75 percent for women with children at primary school (aged 5-10) and by 17 percent to 81 percent for mothers with secondary school age children (11+). For dads of pre-school children, employment rates are above 90 percent. This suggests that mothers’ work decisions are affected by regional variations in the availability and cost of childcare, transport and housing, and access to good quality flexible and part-time jobs.

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Career progression stalled by lack of respect for mums who work part-time

Career progression stalled by lack of respect for mums who work part-time 0

flexible working womanA recent UKCES report suggested it is career and personal choices that explain the gender pay gap, because so many women work part time after children. Now a new report supports the view that the dearth of women in senior management roles is a result of a lack of access to promotion for those in a part time role. A survey conducted by Mothers Mean Business, claims that mothers returning to work are frustrated at the lack of  opportunities to further their careers. The survey canvassed the views of women from a wide range of sectors and varying levels of seniority and found that nearly three quarters (71 percent) returned to work part-time after having their children but 83 percent feel there has been a potential or definite limit to their career options, 71 percent haven’t received a promotion since working part-time and 42 percent said they had received negative comments from colleagues after switching to part-time hours.

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Skilled migrants attracted to regional and city work hubs, not countries

Skilled migrants attracted to regional and city work hubs, not countries 0

dubai-commercial-market-outlook-winter-2015-2016-carouselHighly-skilled migrants are increasingly attracted to cities and regions rather than countries, the latest Global Talent Competitiveness Index has revealed. Silicon Valley, Dublin, Helsinki-Espoo, Dubai [pictured] and London are the real hubs, rather than the United States, Ireland, Finland, the United Arab Emirates or the United Kingdom. The index, produced by Adecco Group, INSEAD and the Human Capital Leadership Institute, ranks the factors driving the international movement of skilled migrants of 109 countries, covering 87 percent of the global population and 97 percent of global GDP. Switzerland is in top place, followed by Singapore and Luxembourg in second and third place. At seventh place, the UK is ahead of Germany and France, but behind top performers such as the United States and Canada. It also trails behind in terms of gender diversity; ranking 56th for female graduates and 71st for the gender earnings gap.

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A cynic’s field guide to workplace terminology, part three

A cynic’s field guide to workplace terminology, part three 0

consultA New Year and a new chance for some people to heap more fresh corporate bullshit onto the already steaming pile. No matter how often writers like the ever excellent Lucy Kellaway mock and deride the propensity of people in organisations to apply cliches and nonsense in lieu of thought and imagination, we have to face an annual fresh tide of drivel and lazy thinking. So predictable is this yearly onslaught, that it appears to now be a subject for trendspotters, as a recent feature in The Telegraph highlighted. Of course, this is just general corporate speak and does not even begin to scratch the surface of what we have to endure in the more parochial world of workplace design and management. Which is why I have produced the latest update to my continually expanding lexicon of regrettable workplace terminology.  You can read parts one and two here and here.

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Women earn less than men because they make different choices, report confirms

Women earn less than men because they make different choices, report confirms 0

Tilting at windmills-page-001In spite of its own attempts to link it to the gender pay gap a new report, Opportunities and outcomes in education and work: Gender effects, released yesterday by the UK Commission for Employment and Skills (UKCES), merely confirms that the key factors that determine how much people earn are the jobs they do and the hours they work. The report shows that male workers are paid on average 19 percent more than female workers. However, a report this year from the ONS confirmed that women now earn slightly more than men in like for like jobs up to the age of 35 and the UKCES report shows that it is career and personal choices that explain the gap in incomes across the whole economy. This confirms that the keys to closing the overall pay gap are for women to enter higher paying fields such as STEM and construction as well as employers offering flexible working arrangements and greater support for parents in their careers.

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