Search Results for: retirement

Employers want default retirement age back finds survey

by • Legal news, News, Workplace

DRA

Nearly half (47 per cent) of employers surveyed by global law firm Eversheds would like the Default Retirement Age (DRA) reinstated. Two years ago, on 6 April 2011, the Government changed the law to start phasing out the DRA. While the overwhelming majority (97 per cent) say their organisation no longer operates a mandatory retirement age, many report that the change in the law has had negative effects for their organisation: two-thirds cited difficulties in succession planning whilst just under half reported that opportunities were being blocked for younger workers. More →

British workers now entirely unproductive, claims report

British workers now entirely unproductive, claims report

by • News, Wellbeing, Workplace

The overwhelming majority of UK workers don’t do anything productive at all, according to a new report published today. The study of available research into the illnesses, injuries, distractions, wastes of time, procrastinations, productivity drains and paralyses that afflict British workers found that the annual cost to the British economy is around £1.8 trillion, equivalent to 98.9 percent of GDP.

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Employers can be advocates for workplace eye wellness: four winning strategies

Employers can be advocates for workplace eye wellness: four winning strategies

by • Company news

Proper management of employee health and wellness is an important facet to consider when striving for success in the workplace. Properly supporting employee health helps them perform better, encourages productivity, prevents losses from absences, enhances job satisfaction, and improves overall morale. Employers can promote employee wellness in different ways, but one area you should consider prioritising is eye care in the workplace. More →

Improved support for menopause could help women stay in work

Improved support for menopause could help women stay in work

by • News, Wellbeing, Workplace

more than half (54 percent) feel it would be difficult for them to raise issues, including menopause, with their employersWomen in the UK are urging politicians and business leaders to take steps that help them remain productive in the workforce for longer, as research shows more than half (54 percent) feel it would be difficult for them to raise issues, including menopause, with their employers and three fifths would also feel uncomfortable bringing up health and wellbeing issues with a male manager. More →

Most UK workers now expect to retire at 62 years old

Most UK workers now expect to retire at 62 years old

by • News, Workplace

A new poll of people aged between 35 and 55 suggests that most workers expect to retire at around 62 years old, four years earlier than the UK state pension age of 66.  The report called Providing for tomorrow today: understanding an ageing workforce was commissioned by law firm Osborne Clarke.  It surveyed employees aged 35-55 working in seven industry sectors across the UK. The report claims to identify workers’ current and future employment and retirement expectations and the impact these may have, not only on the shape of the future UK workforce, but also on employers in the industry sectors surveyed. More →

Four in ten workers do not feel secure in their jobs

Four in ten workers do not feel secure in their jobs

by • News, Workplace

Companies are in danger of losing top talent due to lack of flexible workingAlmost four in 10 workers (38 percent) do not feel secure in their jobs, as lay-offs across industries continue to bite, claimsthe ADP Research Institute’s People at Work 2023: A Global Workforce View. Feelings of job insecurity are highest among the young. According to the survey of over 32,000 workers in 17 countries, half (50 percent) of Gen Z (those in the 18–24-year-old age bracket) say they don’t feel secure in their job. This is double the proportion of over 55s who say the same (24 percent). More →

Reconnecting older workers with the office: have we retired what matters most?

Reconnecting older workers with the office: have we retired what matters most?

by • Comment, Flexible working, Workplace design

If we look at what older workers are actually saying about work and workplaces, there is an appetite for change, says Julie LecoqOlder workers now make up a larger percentage of the workforce than they did two decades ago. Data from Legal and General and the Centre for Economic Research (Cebr) suggests that the number of over 50s in employment has increased by 36 percent in the last 20 years, with 47 percent of this age group predicted to be in employment by 2030. A combination of the increase in retirement age and rising costs of living have made it a necessity for individuals to stay in work longer. From a corporate perspective, the growing skills shortages in a range of sectors has also meant that employers are consistently seeking to attract and retain those in the latter stage of their professional career. More →

Every workplace innovation contains the seeds of its opposite

Every workplace innovation contains the seeds of its opposite

by • Comment, Flexible working, Technology

workplace innovationThe announcement by Apple that it wanted its employees to work in an office for three days a week sparked the usual, tedious pile-on about how many days people should spend in a physical workplace each week. This included the columnist at Grazia who joins the tens of millions of people around the world who not only know where Apple is going wrong, but also how to run every other organisation in the world and what’s best for everybody who works for them. More →

The UK workplace sector reacts to the Spring Budget 2023

The UK workplace sector reacts to the Spring Budget 2023

by • Environment, News, Property, Workplace

The workplace sector in the UK has been reacting to the announcements in the Spring budgetToday the UK’s Chancellor of the Exchequer, Jeremy Hunt presented his Spring Budget to the House of Commons. In it he announced what her referred to as his ‘four pillars’ of industrial and productivity strategy, namely: ‘Enterprise’, ‘Employment’, ‘Education’, and ‘Everywhere’. Perhaps the headline element of this announcement was the creation of twelve new investment zones across the UK as well as incentives for older workers to return to the country’s patchy workforce. This includes£63m for programmes to encourage retirees over 50 back to work, “returnerships” and ‘skills boot camps’. Another headline for the workplace sector was the offer of improved childcare arrangements, especially for the parents of very young children, who will see 30 hours of free childcare expanded to include one and two-year-olds. More →

Employers prioritising long term return on investment in recruitment

Employers prioritising long term return on investment in recruitment

by • News, Workplace

Following the 'hiring frenzy' of the pandemic, recruitment strategies are focused on total value creation by empowering their teams to learn, grow and be ready for any contingencyFollowing the ‘hiring frenzy’ of the pandemic, recruitment strategies are focused on total value creation by empowering their teams to learn, grow and be ready for any contingency, according to the 2023 Talent Trends Report from Randstad. The poll of over 900 C-suite and HR leaders in 18 markets focussed on their talent and career development priorities for the year ahead. Now in its 8th year, this year’s report claims that despite an uncertain economic environment, business leaders are focused on driving long-term value and business impact by increasing talent engagement, satisfaction, productivity, and retention, following the ‘hiring frenzy’ of the last two years.  More →

Wellbeing and organisational agility will dominate workplace conversations in 2023

Wellbeing and organisational agility will dominate workplace conversations in 2023

by • Flexible working, News, Wellbeing

Mental health and wellbeing will dominate conversations about the role of work in people's lives this yearMental health and wellbeing will dominate conversations about the role of work in people’s lives this year, due in part to the effects of the global pandemic, as well as social and economic instability around the world, according to the latest megatrends report from UKG. The report claims that many people are feeling overwhelmed in the face of negative news cycles headlining economic uncertainty, climate change, violence, and political unrest have contributed to a spike in mental wellbeing issues. More →

Two thirds of young professionals now have a ‘side hustle’ to make ends meet

Two thirds of young professionals now have a ‘side hustle’ to make ends meet

by • News, Workplace

A relaxed looking young man sitting at a desk to illustrate the idea of a side hustleTwo thirds of professionals under the age of 24 claim to have a ‘side hustle’ – with 74 percent stating it is ‘too risky’ to focus on just having one job as they may have done pre-pandemic. In a poll – of 6,000 white-collar professionals – undertaken by recruitment consultancy Robert Walters; 54 percent of young professionals expressed a desire for a ‘portfolio career’ – the concept of monetising your skills in several ways and having multiple income sources, rather than a single job at one company. More →

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