Search Results for: salary

Gig economy boosts UK employment rate despite Brexit summer lull

Gig economy boosts UK employment rate despite Brexit summer lull 0

gig-economyThere were fewer job vacancies on offer in August, due to the traditional summer lull and the after effects of the Brexit vote, but employment levels were maintained by a rise in self-employment and the growing gig economy. The latest UK Job Market Report from Adzuna.co.uk reveals that 1,123,365 job vacancies were advertised in August, dropping 2.7 percent from 1,154,993 in July. The post-Brexit summer period of uncertainty, combined with a seasonal slowing in the market, lay behind this blip, but hiring is 0.6 percent higher than six months ago and the jobs market is proving resilient in the face of political uncertainty. Despite vacancies falling, the employment rate was 74.5 percent – its joint record highest level since comparable records started in 1971, according to the ONS. This has been partly propped up by the rise of the gig economy and growing self-employment as job-seekers look to alternative forms of employment amidst the growing entrepreneurial environment.

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Millennials no different from their elders in attitudes to the workplace

Millennials no different from their elders in attitudes to the workplace 0

Young workersThe portrait often drawn of Millennials is that of a generation which is keen to stand out from that of its elders, and which is difficult to pin down. They’re said to have difficulty accepting a hierarchical structure and no longer view their salary as the only motivating factor but instead are looking for a sense of accomplishment in their work. Yet as we reported recently, the behaviour and expectations of this younger generation has in fact stayed fairly constant. For them, the ideal company has attributes which are actually fairly similar to those cited by their more experienced colleagues. The result of the latest Edenred-Ipsos barometer into the under 30s suggests that for employers, the issue is not so much about dealing with this generation independently of the others, but rather globally rethinking leadership challenges in an environment which is increasingly digitalized, horizontal and multi-task oriented, taking into account individual countries’ cultural differences.

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Employers will promote internal talent to meet Brexit challenge

Employers will promote internal talent to meet Brexit challenge 0

Brexit talent drain

Bosses are divided on whether staff morale will suffer following Brexit, with 48 percent of respondents to a recent survey believing it will and 51 percent expecting no change, despite 74 percent of organisations believing employees are at least ‘somewhat concerned’ by the impact of the vote. Though the majority of companies (82 percent) believe it is their duty to keep employees informed of the potential impact of Brexit on their organisations, few (11 percent) have started communicating openly. The report by Mercer, Planning for Brexit – Talent Implications, also suggests the while the true impact of potential changes to immigration policy remains unknown so far, talent availability is being seen as a top long-term challenge. Over half (58 percent) of companies think their workforce plans will change in the longer term and the majority (66 percent) anticipate a stronger focus on developing and promoting talent from within to compensate for a possible lack of access to wider talent pools.

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Overwork and burnout affects all the generations in the workplace

Overwork and burnout affects all the generations in the workplace 0

managing-the-generational-gap

Millennials, Gen X, and Boomers are all feeling overworked and burned out, which is motivating many to look for another job; and according to the latest Staples Business Advantage 2016 Workplace Index it’s the older workers who are most motivated at work by a sense of purpose, with Baby Boomers (46 percent) and Generation X (32 percent) having more of a sense of purpose at work than their younger Millennial counterparts (24 percent). Fifty percent of Millennials, 47 percent of Gen X, and 35 percent of Boomers however, say burnout is driving them to look for another job; with Boomers wishing their employer would decrease their workload and provide more time to complete tasks, while Gen X and Millennials are looking for a more flexible schedule and work-life blend. Aesthetics in the office are also key, regardless of age, as 51 percent of Millennials, 44 percent of Gen X, and 33 percent of Boomers would like to see more attention paid to office design.

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Only 7 percent of workers say they’re most productive working in an office

Only 7 percent of workers say they’re most productive working in an office 0

flexible workingFewer interruptions from colleagues, fewer distractions make home the preferred place for maximum productivity, claims a new study from recruitment consultancy FlexJobs. The survey of more than 3,000 respondents interested in work flexibility claims that only 7 percent of workers say the office and traditional work hours form the best time and place for optimum productivity. More than half (51 percent) of people reported that their home is their preferred place to work. Eight percent said they would choose a coffee shop, coworking space, library, or other place besides the office and another eight percent would choose the office but only outside regular hours. 26 percent go to the office during regular hours to complete important work only because it’s not an option to go elsewhere. According to the survey, around two-thirds (65 percent) of workers think they would be more productive working from home than working in a traditional workplace.

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Working mothers paid third less as maternal gender pay gap widens

Working mothers paid third less as maternal gender pay gap widens 0

UK gender pay gapThe gender pay gap is still prevalent within the UK workforce and the gap only widens further when women have children, according to a report published today. Research by the Institute for Fiscal Studies (IFS) funded by the Joseph Rowntree Foundation found that on average, women in paid work receive about 18 percent less per hour than men, but this wage gap is smaller when comparing women before they become mothers. The gap widens consistently for 12 years after the first child is born, by which point women receive a third (33 percent) less pay per hour than men. The widening of the hourly wage gap after childbirth is associated with reduced hours of paid work, but this is not because women see an immediate cut in hourly pay when they reduce their hours. Rather, women who work half-time lose out on subsequent wage progression, meaning that the hourly wages of men (and of women in full-time work) pull further and further ahead.

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Uncompromising job candidates’ demands don’t include flexible work

Uncompromising job candidates’ demands don’t include flexible work 0

New job searchJob candidates are becoming more demanding claims a new survey, with three quarters (79.2 percent) of UK workers polled not willing to compromise on certain areas when looking for a new role. Unsurprisingly, 18.2 percent say that a low advertised salary would put them off a role entirely, but other less tangible issues would also dissuade them from pursuing an application. This includes unclear job descriptions (20 percent) and a long recruitment process (10.2 percent); while 7.8 percent revealed that poor communication throughout the recruitment process would drive them away from a company. The research, which was conducted by CV-Library, surveyed 1,000 UK workers and found that candidates are growing increasingly impatient with their job hunt. Other key deterrents cited were poor traits about the businesses themselves, including a bad reputation (9.5 percent), a high staff turnover (7.1 percent) and poor management (6.1 percent).

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The solution to closing the digital skills gap starts at home

The solution to closing the digital skills gap starts at home 0

Digital skillsMuch has already been written about the UK’s digital skills gap, and undoubtedly as the Government continues to develop and roll out its Digital Strategy for the nation, many more headlines will be devoted to it. For a country so focused on technological development it’s a problem which is both acute and imperative. Recent Government figures put 12.6 million Britons at risk of being left behind in terms of the skills needed for a modern economy. Parliamentary plans to address this issue focus firmly on education: including digital development as a key part of apprenticeships, encouraging vocational digital skills courses at universities, and broadening access to other educational courses to help people to learn to code. However, responsibility to upskill the nation’s workforce also resides with employers. Whether the current role demands IT skills or not, technology increasingly impacts and transforms every element of our lives.

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Poor tech and long meetings remain key sources of workplace misery

Poor tech and long meetings remain key sources of workplace misery 0

workplace meetingsBadly run and overrunning meetings remain amongst the main sources of workplace conflict and unhappiness, according to a study of 1,000 US employees from workplace software provider Eventboard. The main sources of this conflict appears to be the number of meetings that overrun and poor technology, claims the report. More than half (56 percent) of frontline employees spend 1-2 hours in meetings daily and three-quarters (75 percent) of senior and mid-management level employees spend 3-4 hours in meetings daily. The report also highlights the inadequate provision of workplace technology even though the tools people use are seen as essential for their happiness and productivity. More than half of respondents claim they have to supplement the technology they are given by their employer with their own devices, even though technology can be twice as important as other perks in terms of making people happy and productive.

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Lack of perks leaves workers feeling less trusted and appreciated

Lack of perks leaves workers feeling less trusted and appreciated 0

Perks of the job

Businesses are failing to provide the perks that can help employee productivity and motivation during the summer months, claims a new survey by Peldon Rose. It also suggests that workers feel less trusted and appreciated by their companies. The report argues that during the summer months, businesses can find motivation slows as employees are distracted by seasonal events and count down the days until their holiday. Those companies found to offer summer perks to help boost morale and wellbeing, summer hours (47 percent), casual dress (37 percent) and ice cream rounds (31 percent) were the most popular, indicating that these benefits are the most highly valued by workers. However, 86 percent of respondents said that their company does not offer any such perks, with the result that many employers are missing an opportunity to make employees feel appreciated and boost happiness and morale in the summer months.

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Office workers spend half their average week working remotely

Office workers spend half their average week working remotely 0

Remote Working increasesNew research suggests that UK workers are overwhelmingly turning their back on the standard 9-5 office life with 72 percent agreeing that it’s not relevant for the 21st century. Working remotely and flexibly makes them more effective in their job said 82 percent of respondents to the TeamViewer report ‘The End of Nine-to-Five’ with 73 percent agreeing that having the ability to work flexibly makes them feel more valued and 82 percent that all employees should be offered flexible working hours without it affecting their career. With 79 percent of people rating work-life balance as more important than salary, the report suggests it is critical for businesses to ensure they are offering more than just monetary incentives, as almost half (49 percent) say that flexible working hours would be the most important factor to them when looking for a new job. According to the survey, UK office workers are already spending on average 2.5 days, half of their week, working remotely.

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Employers doing little to alleviate employees’ job fears over Brexit

Employers doing little to alleviate employees’ job fears over Brexit 0

Brexit job fears

A majority of employers won’t delay hiring for roles (54 percent) due to Brexit, yet nearly half (48 percent) of jobseekers are concerned about finding a job post the Referendum, new research claims. The survey of both employers and candidates conducted by totaljobs following the EU Referendum, reveals that 44 percent of all candidates believe there will be more competition for jobs following the Brexit vote, while 28 percent say that Brexit has already had an impact on their job search. Nearly a fifth (19 percent) have become less selective about the jobs they apply for, compared with 16 percent who are now more selective. Of those currently employed, 34 percent are worried about their job security as a result of Brexit, whilst half (52 percent) are not concerned. Unfortunately, many employers have not yet taken steps to ease employees’ concerns, as almost three-quarters (72 percent) of employees say they have not been spoken to by their employer about the impact of Brexit.

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