March 1, 2023

Employers prioritising long term return on investment in recruitment

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 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 →

January 12, 2023

Wellbeing and organisational agility will dominate workplace conversations in 2023

by Jayne Smith • Flexible working, News, Wellbeing

Mental 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 →

November 15, 2022

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

by Neil Franklin • News, Workplace

Two 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 →

November 4, 2022

Corporate real estate sector facing up to tough year ahead

by Neil Franklin • News, Property

Corporate 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 →

November 3, 2022

Bisley gifts staff over half of company in legacy move

by Freddie Steele • Company news

Bisley’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 →

August 30, 2022

Working families are only three weeks from breadline, claims report

by Neil Franklin • News, Wellbeing

The 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 →

June 8, 2022

Lack of employer support exacerbates male health inequality

by Jayne Smith • News, Wellbeing

New 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 percentless 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 →

May 2, 2022

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

by Carlos Carillo-Tudela et al • Features, Wellbeing, Workplace

The 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 →

April 20, 2022

Economic inactivity hits record high amongst men aged over 50

by Jayne Smith • 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 →

March 29, 2022

The Great Resignation and what is really happening

by Carlos Carillo-Tudela et al • Features, Workplace

The ‘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 →

March 21, 2022

The lumpy, bumpy uncertainty of the future of work

by Mark Eltringham • Comment, Flexible working, Wellbeing

It’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 →

November 30, 2021

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

by Jayne Smith • Flexible working, News, Working lives

The 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 →