Search Results for: retirement

Corporate real estate sector facing up to tough year ahead

Corporate real estate sector facing up to tough year ahead

by • News, Property

A person walks down an empty street in a central business district to reflect concerns about corporate real estateCorporate real estate business confidence and expectations of profitability have dropped to a low level, reflecting widespread industry concerns across an array of indicators for the business, political and real estate environments. Emerging Trends in Real Estate Europe 2023 is the twentieth annual survey by the Urban Land Institute (ULI) and PwC UK of European real estate sector leaders’ expectations for the year ahead. Based on the views of around 900 real estate leaders from across Europe, the report claims that 91 percent concerned about inflation, closely followed by interest rate movements (89 percent) and European economic growth (88 percent). Political uncertainty at the global, regional and national levels are of high concern as well. More →

Bisley gifts staff over half of company in legacy move

Bisley gifts staff over half of company in legacy move

by • Company news

A n attractive Bisley workstation in a home settingBisley’s CEO, Richard Costin has announced that Anthony Brown, the owner of Newport based office furniture designer and manufacturing firm, Bisley, has established an Employee Ownership Trust (EOT), gifting the employees 51 percent of the shares in the firm. Since joining Bisley in February 2020, Richard has been working closely with Mr Brown, regarding the business succession plan and the long-term future of Bisley and its employees. More →

Working families are only three weeks from breadline, claims report

Working families are only three weeks from breadline, claims report

by • News, Wellbeing

working familiesThe latest Deadline to Breadline report from Legal & General claims that the financial resilience of working families in the UK has shrunk by a fifth since 2020, down from from 24 days to 19 days. According to the report, people overestimate by nearly six weeks how long they could fund basic living costs such as housing costs, loans/ credit card repayments, utility bills and food if they lost their income.  Households have average savings of £2,431 and debts of £610. Accounting for average daily expenses of £93, this would see the average household run out of money in less than three weeks if they were to lose their income. More →

Lack of employer support exacerbates male health inequality

Lack of employer support exacerbates male health inequality

by • News, Wellbeing

male health inequalityNew research from Peppy claims that twenty-five per cent of employers do not offer any male-specific health support in the workplace, despite as many as 81 percent believing that not doing so, risks losing their best talent. As working-age men are 32 percent less likely to visit a GP compared to women, serious issues often go untreated for longer, sometimes until it is too late, the report claims, and as a result of this male health inequality, one in five men do not reach traditional retirement age. More →

Why the over 50s are leaving the workforce in huge numbers

Why the over 50s are leaving the workforce in huge numbers

by • Features, Wellbeing, Workplace

over 50s leaving workThe UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse, causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “silver exodus”. Being economically inactive means that these older workers are neither employed nor looking for a job. Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. More →

Economic inactivity hits record high amongst men aged over 50

Economic inactivity hits record high amongst men aged over 50

by • News

Economic inactivity levels amongst men aged 50-64 in December 2021 to February 2022 were the highest since records began, according to new analysis from Rest Less. The firms analysed labour market data from the Office of National Statistics and found that economic inactivity levels amongst men aged 50-64 reached 1.47 million in the latest official figures – the highest they have ever been since records began in 1992. The economic inactivity rate amongst this demographic reached a nine-year high and is now at 23.1 percent. More →

The Great Resignation and what is really happening

The Great Resignation and what is really happening

by • Features, Workplace

Great ResignationThe ‘Great Resignation’ is a buzzphrase that first appeared in May 2021, and has struck fear into the hearts of employers ever since. Coined in the US, the term refers to the unprecedented rise in the number of workers resigning from their jobs following the pandemic. There has since been a huge amount of research trying to work out why this has happened. Are workers quitting work entirely, as the pandemic makes us re-evaluate our priorities? Or are they quitting to pursue their dreams in a different career? More →

The lumpy, bumpy uncertainty of the future of work

The lumpy, bumpy uncertainty of the future of work

by • Comment, Flexible working, Wellbeing

future of workIt’s now two years since we experienced the first true, sharp jolt of the pandemic. And even if we had now fully escaped its grip, the intervening 24 months would have proved transformational. The clichés, groupthink and glib takes may still shape much of the discourse about the ‘future of work’ but many of the instant experts of the Spring and Summer of 2020 now appear to have moved their insight on to other matters. And that leaves the rest of us with the task of working out what is actually going on. More →

Pandemic-driven shifts have made the workforce smaller, younger and more female

Pandemic-driven shifts have made the workforce smaller, younger and more female

by • Flexible working, News, Working lives

pandemicThe pandemic has not led to mass unemployment as many feared, but has instead driven wider shifts that have increased employment among younger women, but pushed many men and older workers out of the labour market altogether, according to new research. More →

Flexible working currently contributes £37bn to the UK economy

Flexible working currently contributes £37bn to the UK economy

by • Flexible working, News, Working lives

economyNew research, ‘Flexonomics: The economic and fiscal logic of flexible working’, highlights the economic benefits of flexible working to the UK economy. Flexonomics builds on our long-standing support of the Flex Appeal campaign by Anna Whitehouse, aka Mother Pukka, and follows the publication of our “Forever Flex: Making flexible working work beyond a crisis” report, published last year. More →

Age discrimination impacts job prospects of millions of over 50s

Age discrimination impacts job prospects of millions of over 50s

by • News, Wellbeing, Working culture, Working lives

ageA total of 2.99 million recent job seekers over 50 (52 percent) believe their age has made employers less likely to hire them, according to a new report from Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr). More →

‘Great Resignation’ means companies must adapt to needs of workers

‘Great Resignation’ means companies must adapt to needs of workers

by • News

Great resignationWorkers are leaving jobs like never before, and it’s causing a shortage of talent that has companies around the globe reeling, according to a survey conducted by Citrix Systems. Based on a poll of 1,000 US based knowledge workers, 40 percent have left at least one job in the past year or are considering doing so. The report from the firm sets out the factors behind the so-called Great Resignation and what firms may have to do in response. More →

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