Search Results for: income

Remote work and the coming race to the bottom

Remote work and the coming race to the bottom

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

Rich, female and over- 45? It`s much more likely you thrived during lockdown

Rich, female and over- 45? It`s much more likely you thrived during lockdown

The characteristics that meant you were most likely to thrive during the Covid-19 lockdown have been identified in new research by emlyon business school. The researchers, from emlyon business school’s Lifestyle Research Center, have studied people’s lifestyle, circumstances, and behaviour during the Covid-19 lockdown period, to examine how it has impacted their mental and physical wellbeing. The data comes from a survey of over 1000 respondents, split evenly across France and the UK, gathered near the end of the lockdown period in May. More →

Wrong approach to leadership makes a fifth of CEOs a bad fit for their firm

Wrong approach to leadership makes a fifth of CEOs a bad fit for their firm

leadershipNearly a fifth (17 percent) of CEOs are largely unsuited to the companies they lead, according to new research from academics at Imperial College Business School, Harvard Business School, Columbia University and the London School of Economics. The paper, CEO Behavior and Firm Performance, is based on an analysis of the leadership behaviour of 1,100 CEOs based on their daily schedules. 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 →

Prioritising nature in development could create 395 million new jobs by 2030

Prioritising nature in development could create 395 million new jobs by 2030

Mental healthThe global COVID-19 pandemic has caused unprecedented job losses and economic uncertainty. As governments and businesses look to stimulate growth, a new study from the World Economic Forum claims that ‘nature-positive’ solutions can create 395 million jobs by 2030. The Future of Nature and Business Report says this is a $10.1 trillion business opportunity. More →

Some brutal realities about the future of work

Some brutal realities about the future of work

The future of workNo author uses the built environment like J G Ballard. In his 1975 novel High-Rise, the eponymous structure is both a way of isolating the group of people who live and compete inside it and a metaphor for their personal isolation and inner struggles. Over the course of three months, the building’s services begin to fail. The 2,000 people within, detached from external realities in the 40-storey building, confronted with their true selves and those of their neighbours, descend into selfishness and – ultimately – savagery. More →

Low paid workers and those in precarious jobs bearing brunt of Covid-19

Low paid workers and those in precarious jobs bearing brunt of Covid-19

New research by the Institute for Employment Studies (IES) think tank, funded by Standard Life Foundation, suggests that low paid workers are bearing the brunt of the Covid-19 crisis. The analysis provides what it says is the first detailed assessment of official Labour Force Survey data for the post-crisis period. More →

From the archive: the future of work and place in the 21st Century

From the archive: the future of work and place in the 21st Century 0

future of work and placeHowever much we know about the forces we expect to come into play in our time and however much we understand the various social, commercial, legislative, cultural and economic parameters we expect to direct them, most predictions of the future tend to come out as refractions or extrapolations of the present. This is a fact tacitly acknowledged by George Orwell’s title for Nineteen Eighty-Four, written in 1948, and is always the pinch of salt we can apply to science fiction and most of the predictions we come across. More →

Younger workers careers suffer in lockdown, but are hopeful of better future

Younger workers careers suffer in lockdown, but are hopeful of better future

In the face of unprecedented health and economic disruption caused by the COVID-19 pandemic, ‘millennials’ and ‘Gen Zs’ express resolve and a vision to build a better future, a new Deloitte survey claims. The 2020 Deloitte Global Millennial Survey, now in its ninth year, suggests that both generations remain resilient in the face of adversity and are determined to drive positive change in their communities and around the world. More →

Carers consider giving up work due to lack of employer support

Carers consider giving up work due to lack of employer support

carersNew research suggests that almost half (44 percent) of working carers in England and Wales, equivalent to around 1.6 million people, are struggling to cope with the pressures of balancing their work and caring responsibilities – and that a quarter (24 percent) have considered giving up their job entirely. These are the findings in a newly published report, titled “Supporting working carers: How employers and employees can benefit”, from the CIPD and The University of Sheffield. More →

Law firms plan overhaul of business structures in wake of pandemic

Law firms plan overhaul of business structures in wake of pandemic

Around two thirds of legal firms plan to review their business structures and processes in the wake of the COVID-19 pandemic, and well over half are planning a major change in strategy. That’s according to a survey of more than 100 law firms of all sizes conducted by accountants and business advisors association MHA. The survey, carried out during lockdown, also claims that 85 percent of firms say the pandemic will have a ‘moderate’ or ‘major’ impact on fee income. Around 59 percent of firms say they will use the opportunity to change their business strategy with a focus on better IT, review of specialisms, and improving profitability. More →

A third of employees asked to commit furlough fraud in lockdown

A third of employees asked to commit furlough fraud in lockdown

furlough fraudNew research on 2000 furloughed full time employees, suggests that a third of UK bosses are committing fraud and trying to ‘cash in’ by seeking to abuse the Government’s Coronavirus Job Retention Scheme (‘CJRS’) since lockdown. According to the survey by Crossland Employment Solicitors, 34 percent of employees have been asked by their boss to work while being furloughed by their company – an act of fraud under the current rules of the CJRS. More →