Search Results for: cost of living

Leading UK employers call for flexible working recruitment by default 

Leading UK employers call for flexible working recruitment by default 

flexible workingA joint letter from 21 leading employers – including several in the FTSE 100 – is calling on employers across the UK to advertise all vacant roles with flexible options by default. The full text is: More →

Half of working parents would leave in search of flexible working

Half of working parents would leave in search of flexible working

A proud dad with a smiling child on his shoulders to illustrate why people want flexible workingA new YouGov poll commissioned by Working Families and SF Recruitment claims to underscore the impact and importance of employers prioritising flexible working as part of their recruitment strategy. Launched to mark the start of National Work Life Week (10-14 October), the poll of 992 UK parents of children aged 18 and under demonstrates that advertising all vacant roles with flexible options stated by default widens the talent pool for employers and unlocks opportunities for parents. More →

Third of firms expect the four-day week to become a reality ‘for most’ in the next ten years

Third of firms expect the four-day week to become a reality ‘for most’ in the next ten years

A man walking a dog to illustrate the four day week giving people more controlA third of respondent organisations (34 percent) to a CIPD poll think the four-day week will become a reality in the UK for most workers within the next ten years. However, only a small minority of firms have moved towards the four-day week to date by reducing hours without reducing pay for their employees, or plan to do this over the next three years. One in ten (10 percent) organisations report they have reduced working hours without reducing pay for the whole or a significant part of their workforce over the last five years, although of these, under half of employers (42 percent) did so as a result of the furlough scheme. More →

Skills shortages won’t be solved by offering people more money

Skills shortages won’t be solved by offering people more money

skills shortagesAs businesses across the country face rising costs, new research from the CIPD and Omni warns that using pay to attract talent simply isn’t enough to tackle on-going skills shortages. While an increasing number of organisations (54 percent) are inflating pay to retain talent, this approach is not sustainable for most employers in the face of rising costs. To tackle the skills shortage, organisations need to highlight other components of good working practices when recruiting, such as offering flexible working and promoting career development opportunities. For instance, the latest Resourcing and Talent Planning survey shows that 68 percent of employers that offer hybrid/ remote working say it has allowed their organisation to attract and retain more talent.  More →

Understanding employee wellbeing in the fight for talent

Understanding employee wellbeing in the fight for talent

wellbeingThe pivot to remote work over the past few years has undoubtedly had its benefits, with many of us finding new ways to be productive and collaborate with our peers. This includes taking advantage of new workplace trends such as ‘workcations’, where people can work from another country, flexible working, and four-day work weeks where possible. Yet, this preference to work flexibly blurs the distinction between life and work, which will ultimately take its toll on the mental health and wellbeing of employees. More →

Data centre design is entering a new era

Data centre design is entering a new era

data centre designA new exhibition has shone a light on the often overlooked building typology of the data centre. The show, entitled Power House running to 28 February and curated by design journalist Clare Dowdy looks at the architecture of data centres, showcasing proposals and existing designs by architecture practices around the globe, from vast complexes in remote locations, to retrofitted buildings in urban centres. More →

Established businesses must do more to support local entrepreneurs and startups

Established businesses must do more to support local entrepreneurs and startups

With SME’s accounting for the employment of more than half of the UK’s workforce, supporting these businesses is of benefit to everyone while geopolitical events and the impact of the pandemic continue to cause economic uncertainty.  Entrepreneurs and small businesses are vital for spurring on evolutions in our technology and creating new markets for services and products, therefore bringing about competition which in turn boosts productivity that benefits our own and other economies, helping them withstand and recover faster from financial downturns. More →

Commercial real estate enters downturn in UK, claims RICS

Commercial real estate enters downturn in UK, claims RICS

commercial real estateThe UK’s commercial real estate market is entering or might already be in a downturn, according to an industry survey from the Royal Institute of Chartered Surveyors. As higher interest rates push up investors’ financing costs and economic sentiment takes a dive, 43 percent of respondents to its quarterly commercial property survey thought the sector was in the early stages of a downturn, and a further 10 percent thought it was in the middle of one. By contrast, three months ago 53 percent said the sector was in the early or middle stages of an upturn, a proportion that has now slumped to 22 percent. More →

The UK is entering a new unstable period of employment relations

The UK is entering a new unstable period of employment relations

employment relationsA new study from the CIPD shows that a tight labour market, combined with a cost-of-living crisis and falling wages, could fuel further industrial action in the coming months. The CIPD is urging employers to engage with their recognised employee representatives and trade unions to avoid issues escalating to strike action. The data, gathered in January 2022, offered  what the CIPD says is a stark warning for what has now become a reality – that a lack of engagement with employee representatives will lead to worse employment relations and possible strike action. More →

People become chameleons to fit in with strong workplace culture

People become chameleons to fit in with strong workplace culture

People struggle to express themselves authentically at work because they feel a need to conform to the tenets of the workplace culture, Dame Inga Beale, the former and first female CEO of Lloyd’s of London, told ESCP Business School. Speaking on the school’s ‘We All Make Mistakes’ podcast to the host and Professor of Entrepreneurship Ben Voyer, Dame Beale said that companies with a strong traditional culture can be resistant to modernisation as new employees are either absorbed into the current culture, or decide to leave. More →

Physical activity could boost UK economy by up to £17 billion

Physical activity could boost UK economy by up to £17 billion

physical activityThe fitness and leisure sector holds the key to encouraging physical activity which could save the UK economy up to £17bn a year, according to a new report from ukactive. The report’s authors have called on the Government and its partners to work with the fitness and leisure sector to get the nation’s workforce physically active, as new research from Deloitte shows it could benefit the UK economy by up to £17bn a year.  The landmark report was commissioned by IHRSA (International Health, Racquet and Sportsclub Association) on behalf of the Global Health and Fitness Alliance. More →

Young people should optimise the time they spend in the office

Young people should optimise the time they spend in the office

young people in the officeDuring the pandemic, around 100 million people in Europe switched to working from home – nearly half of them for the first time. This shift was rapid, with employees quickly noticing the benefits of remote work. These can include freedom from commuting, more time for personal wellbeing and increased productivity. As we move on from pandemic restrictions, we’ve seen a strong, global demand for more flexible forms of working, particularly to retain an element of remote work. While some employees want to work from home permanently, most want what’s coming to be regarded as the best of both worlds: hybrid working. Only a minority of workers now want to return to the office full time. More →