Search Results for: unemployment

Where are zero hours contracts and the gig economy taking us?

Where are zero hours contracts and the gig economy taking us? 0

gig-economyZero-hours contracts have had a bad time in the press. Mike Ashley, founder of Sports Direct, has taken a pounding after uproar over workers conditions, and after vehemently defending his position, he is remarkably making a U-turn, ditching the controversial zero-hours employment arrangements. A large number of companies new also turning their backs on zero hours, including Cineworld, Greene King and Wetherspoons. Casual work isn’t a new phenomenon. In fact, the secure, jobs-for-life of post-war Britain lasted merely a few decades. Prior to the 1940s casual work was the longstanding nemesis of the working class. The welfare state and the much-cherished political mantra of full employment emerged in a post-war, golden age. In the 1980s capitalism found its sway. Margaret Thatcher redefined worker’s rights, and it paved the way for employers to benefit again from a more flexible workforce and ultimately what we now refer to as the gig economy.

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New CoreNet Global / HOK report explores impact of coworking on corporate real estate

New CoreNet Global / HOK report explores impact of coworking on corporate real estate 0

wework-coworking-new-york

The UK Chapter of CoreNet Global, in partnership with HOK’s WorkPlace practice, has released a new report that studies the impact of coworking from a corporate real estate (CRE) perspective. With coworking now one of the fastest-growing sectors of the commercial real estate market, the new report, Coworking: A Corporate Real Estate Perspective, examines the drivers of coworking from the demand and supply side, the industry risks and implications for corporate real estate, as well as information about the owners, coworkers and centres. The CoreNet Global / HOK Coworking report highlights the ideas that changing business priorities and the need to attract talented people, reduce real estate costs, improve speed to innovation and increase productivity are driving corporations to consider different workplace models, including on- and off-site coworking.

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High earners much more likely to be offered flexible working

High earners much more likely to be offered flexible working 0

flexible working mother

We may all be aware that the way to attract and retain working parents – particularly mothers – is by offering them flexible working options, especially with the growing body of evidence that the gender gap increases among working women with children. But although it’s still a challenge for any working women who aspires to moving up the corporate ladder, they usually have more options than their lower paid colleagues who can’t afford expensive childcare. This is why it’s all the more depressing to learn that it’s only the high earners who are being given the option of flexible working. According to research carried out by charity Working Families to promote National Work Life Week (Oct 3-7), high earning parents who bank more than £70,000 a year are 47 percent more likely to work flexibly than those earning between £10,000 and £40,000. More →

UK commercial property market ‘back to normal’ after Brexit vote

UK commercial property market ‘back to normal’ after Brexit vote 0

london-commercial-property1The UK’s commercial property market remains robust in the wake of the vote to leave the European Union, although a weaker economic outlook may see some prices dip over the next two years, ratings agency Moody’s claims in a new report. The news comes as commercial property fund Standard Life announced that it has reopened trading, which was suspended in the immediate aftermath of the Brexit vote.  Moody’s said that the June 23 vote still has the potential to create significant uncertainty in the longer term, but that the fundamentals underpinning the UK commercial property market remain sound. Much will depend on the country’s broader economic prospects, Moody’s claims. If unemployment remains low and jobs growth continues, these two factors will do much to maintain demand for both domestic and commercial property although London’s market may be affected even if the national economy is robust, as firms may choose to relocate anyway.

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Open and honest communication boosts staff engagement levels

Open and honest communication boosts staff engagement levels 0

staff engagementEmployees who feel communication within their organisation is open and honest are nearly 15 times more likely to be engaged, and those who are encouraged to share ideas and opinions are 11 times more likely, claims a survey which suggests that staff want a more human experience, grounded in loyalty, recognition, respect, and honesty. Areas viewed as the best opportunities to differentiate in terms of staff engagement include above-average pay and benefits, a fun place to work, workplace flexibility, a strong fit with individual values, stimulating work, and a spirit of innovation. But according to results of the survey from Aon Hewitt what employees want in a workplace is not what they experience. And these gaps are having an impact on employees’ intent to stay. Of the 52 percent who would leave their current company for another job, 44 percent are actively looking. Opinions about what makes an employer stand out from other companies are similar across generations.

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Still inequalities, despite more over 50s in work than ever before

Still inequalities, despite more over 50s in work than ever before 0

Employers that focus only on keeping a generation of younger workers happy are ignoring the fact that an increasing proportion of the UK working population is getting older. The latest Government figures reveal that there are now more people aged 50 to 74 in work than ever before. According to Labour Force Survey statistics there are now 9.4 million people in work aged 50 to 74, with 3.7 million more in this age bracket than there were 20 years ago. The figures also show the unemployment rate for people aged over 50 has dropped to 3.3 percent, the lowest level since 2009, and there are over 1.1 million people working beyond age 65. Legislation to end the retirement age and allow more flexible contracts, have, argues the Government contributed to a more positive attitude towards older workers. However, according to the Centre for Ageing Better, many over 50s are still being forced out of work or offered fewer working hours than they’d requested.

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Countries aware of but not harnessing full potential of older workers

Countries aware of but not harnessing full potential of older workers 0

older workersThe idea of a fixed retirement age looks increasingly distant in countries around the world and perhaps none more so than the US. According to a study from the Pew Research Center, based on data from the federal Bureau of Labor Statistics, more US over 65s are working than at any time covered in the analysis, and they are working longer hours. As of May, nearly a fifth (18.8 percent) of over 65s worked full or part time, up from 12.8 percent in 2000. Intriguingly, the study also shows that this represents a significant greying of the workplace as in the overall population, 59.9 percent of Americans are currently in jobs, down from 64.4 percent in 2000. The same pattern is evident even in workers significantly older than 65. Even the over 75s are working at higher rates than they did before the 2008 recession, the only age groups about which that can be said, according to Pew, emphasising the fact that the workplace is getting older rather than younger as is commonly assumed.

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New proposals to create legal status for robots as ‘electronic persons’

New proposals to create legal status for robots as ‘electronic persons’ 0

One of the main side issues in the generally unpleasant debate about the UK’s referendum on EU membership has been that about worker’s rights. Whatever the outcome of today’s vote, the EU is already exploring ways in which legislation should address the challenges created by the modern world. These now include, for the first time, a look at the implications of automation including the drawing up of a new set of rules about the rights and responsibilities of robots and other automated workers. A draft report from the European Parliament’s Committee on Legal Affairs sets out to address the main issues associated with the creation of a widespread automated workforce and its impact on both people and machines, including looking at the impact on the social security and pensions budget (because robots don’t pay into the system), the legal rights of robots and new liability rules for the automated workforce of sophisticated ‘smart’ robots.

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Employers’ and workers’ views on an engaging workplace differ widely

Employers’ and workers’ views on an engaging workplace differ widely 0

Undervalued-and-disengaged-staff-plan-to-move-jobs-this-yearBusiness growth is radically redefining how employees are managed, especially as there is greater competition than ever to hire the best people from a much more demanding employee population. Yet employees report that a lack of development, outdated processes, and discontent with the role of their managers are causing them to feel dissatisfied according to Mercer’s 2016 Global Talent Trends Study, the first to take into account the perspective of both employers and employees. While 85 percent of organisations admit that their talent management programmes need an overhaul, 70 percent are confident about filling critical roles with internal candidates, 28 percent of employees say they plan to leave in the next 12 months even though they are satisfied with their current role. Managing these challenges requires support but only 4 percent of HR professionals feel that the HR function is viewed as a strategic business partner within their organisations.

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Effect of robots at work on people’s future wellbeing still very uncertain

Effect of robots at work on people’s future wellbeing still very uncertain 0

Robots at workThe effects of robotics on workers’ and managers’ motivation and wellbeing are not widely known, meaning psychosocial factors related to robotics will require more attention in the field of safety and health. This is just one of the conclusions of a new discussion paper – drawn up by EU-OSHA (European Agency for Safety and Health at Work) on the influence of robotics on the future of work. While the use of robots in a complementary role would be the least challenging for society, economic and productivity pressures are likely to result instead in a substitution approach, whereby individuals and groups are replaced in their jobs by robotics and automation. Fewer workers will be needed for jobs that are routine or have clearly definable tasks, as they will be done instead by industrial and service robots. A result of this technical change will be a relative increase in the demand for highly educated workers and a reduced demand for less educated workers traditionally carrying out jobs consisting of routine cognitive and manual tasks.

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UK in bottom four of European countries for workplace benefits

UK in bottom four of European countries for workplace benefits 0

UK economySocial benefits for people in the workplace in Europe are generally far more generous than in the US, but the UK is in the bottom four overall taking into account factors such as maternity and paternity leave, general parental leave, paid holiday allowance, paid sick leave and unemployment benefits. Only the Swiss, the Irish and the Americans have a more frugal government policy. According to a report by Glassdoor of 14 key European neighbouring economies, conducted in cooperation with Llewellyn Consulting, the countries offering the most generous workplace and welfare benefits overall are Denmark, France and Spain. In terms of paid annual leave, Sweden, France and Denmark all offer 25 working days a year as minimum –the highest entitlement. The UK is bunched towards the bottom again with the likes of Italy, Greece, Germany, Portugal and Switzerland – all offering the minimum 20 days.

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Employers must meet productivity challenges of paying Living Wage

Employers must meet productivity challenges of paying Living Wage 0

ProductivityA quarter of private sector employees will be directly affected by the implementation of the new National Living Wage, (NLW) over double the proportion of public sector employees. The research, conducted by the Social Market Foundation in partnership with Adecco Group UK & Ireland, warns these employers will need to overcome significant productivity challenges in order to cope with the cost. The NLW cut-off at age 25 means businesses will be faced with potential discrepancies in wages across their younger workforce. While almost a fifth (18 percent) of employees who will benefit from the NLW are younger workers surprisingly, workers aged 50 or over will make up a third. Part-time workers make up around half of the workforce in severely affected workplaces. The research also found that the workplaces severely affected by new National Living Wage tend to have low-skilled employees and are much less likely to offer in-work training.

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