Search Results for: labour market

November 10, 2015

Employers have dodged UK recruitment crisis threat, claims CIPD ⁰

Salaries are not likely to increase much next year, and despite predictions of a recruitment shortage, vacancies are still relatively easy to fill, the latest Labour Market Outlook from the CIPD claims. The quarterly survey of more than 1,000 employers shows that across all sectors just fifteen percent of current job vacancies are proving difficult to fill. It also reveals that, outside a limited number of industries, UK employers continue to be able to recruit the workers they need without significantly hiking wages and that median basic pay rises of just 2 percent are predicted by employers in the 12 months to September 2016. The research suggests that in general, most businesses are seeing a steady flow of suitable candidates, despite unemployment falling to a seven-year low in October and despite a slight year on year increase (44 percent – 49 percent) in the number of employers reporting any hard to fill vacancies.

November 3, 2015

Almost half of UK employees plan to change jobs within three years ⁰

by Sara Bean • Flexible working, News, Workplace

UK employees are among the least loyal in Europe, according to new research by ADP, with nearly half of UK workers (47 percent) planning to change jobs within three years, compared to a third (34 percent) in the rest of Europe. Just 17 percent want to spend the rest of their career in their present organisation, whilst 40 percent of German workers see this as an option. The job market is now becoming more competitive as employees are looking for opportunities outside their home country. However, attitudes towards foreign talent are generally positive with 69 percent of UK employees who don’t see foreign talent as a threat. Even though companies may benefit from a global talent pool, losing local workforce is causing a headache for some countries. Employees in Spain (49 percent), Italy (47 percent), and Poland (39 percent) are particularly concerned about a talent drain to other countries.

September 7, 2015

Employment is increasingly dependent on an ability to get on with people ⁰

by Mark Eltringham • Knowledge, News, Technology, Workplace

It can be heartening to learn that there will still be a role for humans in the forthcoming world of robots, drones and driverless vehicles. Inevitably, it is those skills that are hard to automate that will define many of the human jobs of the near future and so one of the skills that will continue to attract paid employment will be the ability to get on with other people. This skill has already defined the labour market for the past 35 years and helped to narrow gender differences in the job market. These are the main conclusions of a new report published by David Deming of the US based National Bureau of Economic Research. According to his working paper “The Growing Importance of Social Skills in the Labor Market,” which is currently awaiting peer review, nearly all job growth since 1980 has been in occupations that depend to a large extent on well developed social skills.

September 1, 2015

Government announces plans to improve national levels of fair pay ⁰

by Sara Bean • Legal news, News, Workplace

A package of measures designed to improve levels of fair pay have been announced by the Government today; including doubling the penalties for non-payment of the National Minimum Wage and the new National Living Wage; increasing the enforcement budget and setting up a new team in HMRC to take forward criminal prosecutions for those who deliberately do not comply. A new team of compliance officers in HMRC will investigate the most serious cases of employers not paying the National Minimum Wage and National Living Wage when it is introduced in April 2016. This team will have the power to use all available sanctions, including penalties, prosecutions and naming and shaming the most exploitative employers. Employers who fail to pay staff at least the minimum wage they are legally entitled to will have to pay double what they do now.

August 4, 2015

Employers must support older workers with chronic ill health ⁰

by Sara Bean • Legal news, News, Wellbeing, Workplace

As a recent profile in the Guardian Magazine of workers in their 70s, 80s and 90s illustrated, people who work well into old age are still viewed as remarkable. Yet by 2020, a third of the UK’s workforce will be more than 50 years old. Following the scrapping of the Default Retirement Age, more than 1.4m people in the UK are working after state retirement age, of whom around 300,000 are aged over 70. Now the Health at Work Policy Unit of Lancaster University’s Work Foundation has issued a White Paper, ‘Living Long, Working Well: Supporting older workers with health conditions to remain active at work’, which warns that 42 per cent of over 50s have often manageable chronic illnesses that – if left unsupported by employers, could undermine their productivity, increase their absence from work or even force them out of work altogether.

July 8, 2015

Productivity starts with people, advises CIPD ahead of today’s Budget

by Sara Bean • Flexible working, News, Workplace

Investing in people’s development and offering flexible working practices can help organisations boost productivity. This is according to research by the CIPD published ahead of today’s budget, which the Chancellor has said will put the emphasis on improving UK productivity. The report: Productivity: Getting the Best out of People, explores the factors that help to explain why some businesses have higher productivity than others and finds that there are clear links between productivity and how people are managed at work. The report finds that performance tends to be higher in businesses where there is a focus on higher quality products or services rather than only on low cost and where workplace culture is clearly aligned with the future direction of the business. Investment in workforce training and an intelligent approach to the implementation of ‘smart’ or agile working practices also has a positive impact.

March 16, 2015

Multi generational workplace could boost economy by £25 billion

by Mark Eltringham • Flexible working, Legal news, News, Workplace

The Government has published a new report which describes the challenges faced by the UK’s over 50s in the workplace and sets out ways in which more of them can stay or move into work. The report is the culmination of eight months’ work by a team led by the Government’s ‘ageism tsar’ Ros Altmann and highlights why action is needed based primarily on the twin issues of demographic change and increasing life expectancy. The report, Retain, Retrain, Recruit, recommends action that would help older workers thrive and ensure individuals, industry and the economy can reap the financial and social benefits of a multi generational workplace. The report outlines how businesses could recruit more older workers, retrain existing staff and provide greater flexibility to retain them as well as setting out measures that should be taken to reflect the multi generational workforce in the media and policy making.

March 9, 2015

Men and women have differing views on equal pay and opportunities

by Mark Eltringham • Legal news, News, Workplace

Men and women have differing views on the pay and career opportunities available to female employees in the workplace, according to a report published today by recruitment firm Hays. The report is based on a study of 6,000 employees which found that just under half (45 percent) of women think that equally qualified and capable male and female colleagues are not paid the same compared to around 20 percent of men. The survey also produced an almost identical result when respondents were asked whether the same career opportunities were available to both sexes, with 21 percent of men and 48 percent of women claiming that both genders enjoyed the same opportunities. Overall both sexes agree that quotas are not the best solution to any mismatch with just 9 percent agreeing that they would have a major impact.

March 5, 2015

Majority of UK workers concerned about their ability to retire

by Mark Eltringham • Legal news, News, Workplace

A new report from the Chartered Institute of Personnel and Development claims that the majority of UK workers are concerned that their current pension arrangements won’t allow them to retire. It found that the average employee pension contribution to a workplace-defined contribution pension scheme is currently 5 percent, but most employees think they should be saving almost double that (9 percent). Four in ten (43 percent) think they should be contributing more than 10 percent of their salary to their retirement savings and almost a quarter (22 percent) admitted they didn’t know how much they should be contributing. The shortfall between what employees are paying in and what they think they should be paying is highlighted by the fact that over half of UK workers have considered how they might work past state pension age and one in ten people (13 percent) are worried that they will never be able to afford to leave paid employment.

March 5, 2015

People with mental-health issues should be helped to stay at work, says OECD

by Sara Bean • News, Wellbeing, Workplace

Around 30 percent to 40 percent of all sickness and disability caseloads in OECD countries are related to mental-health problems finds a new OECD report. Fit Mind, Fit Job: From Evidence to Practice in Mental Health and Work reveals that the total cost of mental illness is estimated at around 3.5 percent of GDP in Europe. People with mild to moderate disorders, such as anxiety or depression, are twice as likely to become unemployed. They also run a much higher risk of living in poverty and social marginalisation. But although most people with mental health problems are in work they struggle; with 7 in 10 of them in 21 countries of the European Union reporting that they are underperforming at work. While a heavy workload and stress may add to mental health problems, the evidence shows that staying at work is also part of the solution if appropriate support is provided.

March 3, 2015

Female empowerment within UK workforce on rise but too few in full time jobs

by Sara Bean • Flexible working, News, Workplace

A strengthening economy has helped the UK to rise up to 14^th position out of 27 OECD countries in PwC’s annual Women in Work Index, but it still lags well behind many other countries in overall female economic empowerment. The Nordic countries continue to lead the Index, with Norway maintaining pole position, followed by Denmark and Sweden. These three countries have consistently occupied the top three positions in the Index since 2000 and the reason is that they all have a much fairer balance between genders on managing work and family life. By comparison, although the UK is in the top 10 performing OECD countries on female participation in the labour force, this is negatively impacted due to the low proportion of women in full-time employment; suggesting that flexible working is having a negative impact on many women’s career prospects.

February 20, 2015

Job automation seen as a key digital challenge in new policy report

by Mark Eltringham • News, Public Sector, Technology, Workplace

Whichever party or coalition forms the next UK Government will face a raft of serious challenges with the emerging digital economy, including making plans for the automation of up to a third of existing jobs. That is the main conclusion of a new report published this week by The House of Lords. Make or Break: The UK’s Digital Future, argues that the next 20 years will present the UK with a range of profound challenges and opportunities and it is incumbent on the Government to address them at the earliest opportunity. As well as imminent and well known issues such as the need to roll out ultrafast broadband countrywide and the development of skills and digital clusters, the report also highlights the particular issue of what to do about the claim that up to 35 percent of jobs over the next two decades will be automated.