Search Results for: financial services

CIPD welcomes government’s ‘Get Britain Working’ strategy

CIPD welcomes government’s ‘Get Britain Working’ strategy

The Chartered Institute of Personnel and Development (CIPD) has expressed support for the UK Government's 'Get Britain Working' initiative, which aims to tackle economic inactivityThe Chartered Institute of Personnel and Development (CIPD) has expressed support for the UK Government’s ‘Get Britain Working’ initiative, which aims to tackle economic inactivity and promote greater inclusion within the workforce. However, the CIPD has urged the government to take more ambitious steps to elevate the status of apprenticeships and strengthen partnerships between employers and Jobcentres. (more…)

Beyond the jargon: what insurance benefits really mean to your team

Beyond the jargon: what insurance benefits really mean to your team

Here’s a jargon-free guide to the different insurance benefits you can offer your employees, and the real-life impact they have on your team.Offering a comprehensive employee benefits package is more important than ever, and  Drewberry’s 2024 Employee Benefits And Workplace Satisfaction Survey found that a fifth of employees want insurance to protect their loved ones. But with so many products out there, and terms like “Group Income Protection” and “Critical Illness Cover” making many people’s eyes glaze over, it can be hard to determine the right product for your people – and what they really offer. (more…)

Bosses are too cocky when it comes to modern risks to their businesses

Bosses are too cocky when it comes to modern risks to their businesses

CEOs face sleepwalking into reputational disaster through over-confidence which masks inadequate crisis planning to mitigate modern day risksCEOs face sleepwalking into reputational disaster through a concerning over-confidence which masks inadequate crisis planning to mitigate modern day risks, according to a new report [registration] from PHA Group. The survey questioned 150 CEOs across the UK’s £240bn professional services sector on confidence and planning in navigating business critical issues. Examining issues from workforce management and whistleblowing to climate change and regulation, CEOs from law firms, insurance, finance and accounting, consultancy and recruitment conveyed confidence but also revealed a lack of investment and planning. (more…)

Small businesses are aware of benefits of using AI, but don’t know where to start

Small businesses are aware of benefits of using AI, but don’t know where to start

According to a new poll from hiring platform Indeed, around a third of small businesses are scared to implement AI, despite acknowledging the many apparent benefits of doing soAccording to a new poll from hiring platform Indeed, around a third of small businesses are scared to implement AI, despite acknowledging the many apparent benefits of doing so.  According to Indeed’s survey of 1,000 business leaders at British small businesses, 41 percent of small firms want to integrate the technology into their business, but don’t know where to start. This paralysis means that small businesses – which make up  over 99 percent of the nation’s total businesses – are missing out on improvements to costs, efficiency and overall work satisfaction that they themselves say it can bring about, the report argues. (more…)

UK see largest contraction in Labour Force since the 1980s

UK see largest contraction in Labour Force since the 1980s

The final report from the two-year Commission on the Future of Employment Support claims that the UK needs ‘once-in-a-generation reform’ to boost growth and improve living standards in the face of a huge contraction in the country’s labour force. The report suggests that the UK is one of the few developed nations where employment has fallen post-pandemic. The UK has dropped from having the eighth-highest employment rate globally to fifteenth. Had the original position been maintained, the economy would be £25 billion larger annually, with public finances £16 billion better off. (more…)

Millions of parents face work struggles due to children’s mental health challenges

Millions of parents face work struggles due to children’s mental health challenges

Millions of parents across the UK are finding it increasingly difficult to balance work responsibilities with the demands of caring for children who suffer from mental health issuesMillions of parents across the UK are finding it increasingly difficult to balance work responsibilities with the demands of caring for children who suffer from mental health issues, according to a new poll. In the UK, approximately 2.5 million children are grappling with mental health issues, a statistic that has significant repercussions for their families. The study of 652 parents commissioned by the charity Parenting Mental Health offers a detailed look into how these challenges affect the lives of parents. (more…)

Technology failures are a major headache for small businesses

Technology failures are a major headache for small businesses

A new poll  from TalkTalk Business claims to identify the significant impact technology failures have on small and medium-sized enterprises (SMEs) in the UK.A new poll  from TalkTalk Business claims to identify the significant impact technology failures have on small and medium-sized enterprises (SMEs) in the UK. According to the survey, nearly one-quarter (23 percent) of these businesses have experienced system glitches within the past year. These technical issues are proving costly for many SMEs, with 17 percent reporting that such problems have cost their business between £500 and £999 over the last 12 months. More alarmingly, 12 percent of SMEs have faced losses ranging from £2,000 to £3,999, while 7 percent have incurred staggering costs between £8,000 and £9,999 due to technology-related failures. (more…)

How can companies address the skills gap and ongoing talent shortage in their industry?

How can companies address the skills gap and ongoing talent shortage in their industry?

 

Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent and bridge the skills gapThe modern business landscape is facing a significant challenge: a growing skills gap and a persistent talent shortage across various industries. Companies are finding it difficult to find qualified candidates with the necessary skills to fill important roles as technology changes quickly and job requirements change. This talent shortage may hinder general productivity, growth, and innovation. Employers can, however, take proactive measures to address these problems and thrive by implementing smart solutions and adopting innovative tactics like Employer of Record (EOR) services to acquire top talent. (more…)

Chancellor to accelerate the sale of public buildings to plug budget gap

Chancellor to accelerate the sale of public buildings to plug budget gap

Chancellor Rachel Reeves is set to announce significant measures aimed at reducing government spending and optimising public sector assets including public buildingsIn an effort to tackle the fiscal challenges and balance the UK’s budget, Chancellor Rachel Reeves is set to announce significant measures aimed at reducing government spending and optimising public sector assets including public buildings, today. Reeves will lay out her plans in her first major speech as chancellor, where she will highlight what she describes as a £20 billion gap in government spending, attributing it to the economic mismanagement of the previous government. (more…)

The city and the office have much to teach each other

The city and the office have much to teach each other

It’s common to hear people say that the boundaries between the traditional workplace and the outside world have become blurred but it might be closer to the truth to say that in a growing number of cases they have been eradicated and that the evolution of cities and offices is informed by a two way exchange of DNA. Whatever you might hear, these times are far from unprecedented. History has lessons for us both in terms of how we view the events of 2020 and how we might respond to them, including how we progress as a species and make our lives and the world a better place. In 1832, there was an epidemic of cholera in the UK’s towns and cities. In those with a population of 100,000 or more life expectancy was just 26 years. The reasons for this were picked up on by a government official called Edwin Chadwick as a member of the Poor Law Commission.   (more…)

Top careers with a master’s degree in public health

Top careers with a master’s degree in public health

Choosing to pursue a master’s degree in public health can open doors to a dynamic range of career opportunities that contribute meaningfully to society. These careers span across various facets of health, including data analysis, policy development, and direct community intervention. With the increasing complexity of public health challenges, professionals with advanced degrees are more in demand than ever. Individuals equipped with a higher level of knowledge and expertise are poised to take leadership roles in tackling these challenges head-on. In this article, we will discuss the promising career paths that a Master’s in Public Health can lead to. (more…)

Pattenmakers search for the winner of the  Future Leader FM Award 2025

Pattenmakers search for the winner of the Future Leader FM Award 2025

Livery company the Worshipful Company of Pattenmakers is looking for the next winner of its coveted annual FM awardLivery company the Worshipful Company of Pattenmakers is looking for the next winner of its coveted annual FM award. This Award recognises a future leader in FM, rewarding a talented early-career professional with a unique personal development opportunity funded by the livery. The Award is open to newcomers working in the Workplace and FM sectors, who have a maximum of 5 years’ experience. Entry is free, and all the information needed to enter is available here, including a link to the online entry form. The deadline for receipt of entries for the Pattenmakers Future Leader FM Award is: 5th August 2024. https://www.pattenmakers.co.uk/future-leader-fm-award-2025/ (more…)