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Flexible working now routine for two thirds of US workers

Flexible working now routine for two thirds of US workers

flexible working owl labsA new report from Owl Labs claims that although two-thirds of US workers now work away from their main place of work some of the time, there are still many people and organisations that are unaware of the benefits, processes and challenges involved in flexible working. The new report explores the effect flexible working has on personal happiness, recruitment, retention and skills as well as exploring the attitudes of people who are based in a fixed place of work.

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Flexible working becoming preserve of the well paid

Flexible working becoming preserve of the well paid

flexible workingThe number of highly paid workers offered some form of flexible working has trebled in the past four years, according to the latest Flexible Jobs Index from flexible work consultancy Timewise. It found that the proportion of jobs with salaries of more than £80,000 advertised with flexible working options is up to 16 percent, compared to 9 percent last year and 5 percent in 2016. More →

High streets should switch focus to office space and high-skilled jobs

High streets should switch focus to office space and high-skilled jobs

Many British High Streets face a bleak future as policymakers are failing to identify a clear economic focus to city centre regeneration strategies. According to the Centre for Cities’ latest research, in partnership with Nationwide Building Society, success is defined by those policies that create skills, jobs and quality office space for businesses rather than currently accepted interventions such as cultural initiatives, business rate reforms and online sales taxes. More →

Governments should respond to needs of older workers

Governments should respond to needs of older workers

Illustration of older workers in an officeWhile firms are already being asked to do more to support their older workers by organisations like The Centre for Ageing Better, a new OECD report is arguing that it is an issue that Governments are not addressing as well as they might. It claims that the rapidly ageing population of countries around the world means that governments should promote more and better job opportunities for older workers to protect living standards and the sustainability of public finances.

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Firms need to place more value on older workers

Firms need to place more value on older workers

Older workers are now a key part of the workforceAs we live longer lives, it’s inevitable that more of us want to work for longer. It makes good business sense too: with fewer younger people starting work to replace those set to retire in future years, coupled with uncertainty over Brexit and labour shortages, employers can’t afford to lose older workers.

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Firms with a balance of men and women outperform male dominated rivals

Firms with a balance of men and women outperform male dominated rivals

Women on board and gender balance in firmsThe share performance and other metrics of listed companies with a balance of men and women tend to be better than those of male-dominated rivals, according to a new report from Morgan Stanley. The report is based on Morgan Stanley’s HERS ranking, a new measurement the investment bank has developed to evaluate gender diversity at companies and its impact on performance. It determines the gender diversity of a company by factoring in the percentage of women on boards, in the executive and management team, and in the workforce generally. More →

Gig economy worker rights demand a global approach

Gig economy worker rights demand a global approach

A worker takes a break from the gig economyBritish people increasingly work in temporary positions and on short term engagements: part of a fundamental global shift in the way we work. The domestic gig economy has seen the number of workers more than double in number since 2016, according to a recent report from the TUC and the University of Hertfordshire (conducted with Ipsos MORI). Based on interviews with 2,235 individuals, the report’s key finding is that gig economy platforms, such as Uber, Deliveroo and Upwork, are now staffed by 4.7 million workers – or one in 10 working-age adults, up from one in 20 three years ago. It also found that 15 per cent of survey respondents had undertaken gig economy work at some point – equivalent to almost 7.5 million people if extrapolated across the entire economy. More →

Flexible offices continue to dominate UK property market

Flexible offices continue to dominate UK property market

flexible offices dominate UK propertyTake-up across the UK’s ‘Big Nine’ regional office markets rose to 2.3 million square feet during second quarter of 2019 according to the latest market update from property advisors Avison Young. This is up ten percent up on a 10-year average, with activity was skewed towards flexible offices, larger deals, city centres and the technology media and telecoms sector.  More →

GDP should be replaced by new indicators of prosperity and wellbeing

GDP should be replaced by new indicators of prosperity and wellbeing

Two people laughing together to illustrate the principle of wellbeingAs the consequences of climate change, social tensions and high levels of inequality are increasingly evident, the Bennett Institute for Public Policy at the University of Cambridge, led by Professor Diane Coyle, has published its initial report on how to improve economic measurement by replacing GDP as the standard measure for national prosperity with others that include wellbeing and social and environmental capital. More →

Number of flexible benefits programmes continues to rise

Number of flexible benefits programmes continues to rise

New research from Aon, claims that flexible benefits programmes continue to be popular within organisations, despite communication challenges and a potential impact from 2018’s optional repayment arrangement (OpRA) regulations. Aon’s Benefits and Trends Survey 2019 claims that 45 percent of employers say they already have an online benefits or flex portal, with a further 20 percent saying they plan to introduce one within the next three years. This compares with last year’s 37 percent and 26 percent, respectively. More →

Rise in employment led by self-employed and older workers

Rise in employment led by self-employed and older workers

employment figuresAs with the last few months, the latest UK employment figures look like a sea of tranquillity. The number of people in work is up ever so slightly (setting another record), unemployment down slightly again (ditto) and earnings continuing to grow. After a couple of months where there were hints that the labour market might be cooling down, today’s figures suggest that it is heating up once more. However beneath the surface, the numbers highlight some big changes in employment trends – with two things in particular standing out. More →

Regional productivity gaps at near record high

Regional productivity gaps at near record high

Cardiff. Wales is the region of the UK with the lowest productivityDifferences in typical household incomes across the UK’s regions and nations have halved since their 1990 peak, but differences in productivity remain close to record highs, according to new research published by the Resolution Foundation. The report, Mapping Gaps, examines the relative economic performance of UK regions and nations since the 1960s, and the extent to which this has driven differences in household living standards. The report notes that regional inequality is a hot topic ­– particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK – and that the UK is one of the most unequal countries in the OECD when it comes to the relative economic performance of its regions and nations.

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