November 30, 2018
Economy could achieve significant economic boost by addressing skills gaps in younger people
The UK could boost GDP by around £40 billion a year in the long run if it reduces the number of young people not in education, employment or training (NEET) to match Germany, the best performing EU country. Despite making improvements in recent years, the UK only ranks 19th out of 35 countries across the OECD on a PwC index based on a range of indicators of youth employment, education and training. But this is slightly better than the UK’s ranking of 21st across the OECD on a similar PwC index for older workers released earlier this year. Across England NEET rates vary significantly, reflecting the disparity in educational attainment and job opportunities across the country. In 2017, the West Midlands had the highest NEET rate for 19-24 year olds at 16.7 percent, followed by the North East by 16.3 percent. Meanwhile the South East and South West have the lowest rates, both at 11.5 percent (see table below). More →
A sudden reversal in the growth in the number of both EU and non-EU migrants in employment in the UK could hit employer plans to take on more staff and worsen skills and labour shortages, according to the latest quarterly Labour Market Outlook from the CIPD and The Adecco Group. While the net employment balance – a measure of the difference between the proportion of employers who expect to increase staff levels and those who expect to decrease staff levels – has remained extremely positive at +22 (compared to +23 in Q3 2018), among employers which currently have vacancies, seven in ten (70 percent) report that at least some of their vacancies are proving hard-to-fill, higher than in Summer 2018 (66 percent) and Spring 2018 (61 percent). 
Employee motivation levels appear to be the decline, with 29 percent of employees surveyed saying they were not motivated at work in 2017 compared to just 18 percent who said the same in 2016 the research report, “Living to Work” has claimed. Motivates Inc. has commissioned its employee motivation research for the past three years, surveying over 2,000 UK employees in full-time employment. The full data shows like-for-like how employees are feeling in the workplace and what hygiene factors have affected behaviours year-on-year. According to the latest data 71 percent of UK employees were motivated in 2017, which on its own shows a positive result, yet when you look at the motivational statistics from 2016 the data actually shows the percentage of motivated employees has dropped by 11 percent in just one year. That’s 220 more employees in an organisation of 2,000 who are not feeling good about their job.
October 16, 2018
Law firms are finally embracing the agile workplace
by Simon Pole • Comment, Workplace design
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