Search Results for: labour market

Employment is on the rise but pay not matching the rate of inflation

employmentThe latest labour market statistics shows employment has continued to rise, but at a slower rate than seen last month. However, at 67.2 per cent, record-breaking numbers of women are now in work, the highest since records began. The figures published today by the Office for National Statistics (ONS) show the employment rate in the three months to December 2013 rose to 72.1 per cent, lower than the previous three months and with just a small rise in total pay of 1.1 per cent. This slower pace of growth in employment and pay is reflected in the latest CIPD/ SuccessFactors quarterly Labour Market Outlook survey, which reveals that, although recruitment intentions remain positive, the rate of increase has slowed significantly and the vast majority of organisations expect to give pay awards below the current rate of inflation. More →

Workforce to grow across the regions next year, bolstered by flexible working

Workforce to grow throughout the country in 2014The management issues which dominated 2013 centred on the rise of flexible working; if pay scales would remain below inflation; and whether jobs recovery would continue and if so, could expand beyond the fringes of London. As today’s ONS figures show unemployment at the lowest rate since 2009, the latest CBI/Accenture Employment Trends Survey reveals that more than half of UK companies expect to create jobs over the next 12 months for the first time in over five years. It says private sector workforces are anticipated to grow across all regions, Yorkshire and Humberside and the east midlands being the most buoyant. Bosses will continue to take a cautious approach to pay however, with flexible contracts used to bolster economic growth and job creation. More →

Employers need to ‘up their game’ as 1 in 4 employees admit to looking for a new job

Employers need to 'up their game' as 1 in 4 employees look for a new job

Job seeking intentions are at their highest since spring 2011, as fewer organisations implement recruitment freezes. According to the CIPD/Halogen Employee Outlook survey, 24 per cent of employees in the private and voluntary sectors, and 23 per cent in the public sector, are looking for a new job. The greatest motivator to move jobs is disengagement (71% compared with 9% who are engaged), followed by job dissatisfaction (62%, compared with 10%), and those facing pressure every day (45% compared with 19% who never feel under excessive pressure). More than 3 in 5 (61%) said that an opportunity to progress within their role is important to them, but a shocking one in four employees (27%) said that they had never had a performance review at work. More →

Economic recovery, the changing psychological contract and the future of the office

display_img_01There has always been a link of one sort or another between the labour market and office design. So, as the UK’s unemployment statistics continue to fall, they remain moderately high and there continue to be structural changes in the nature of work, typified by this year’s debate about the growing use of zero hours contracts. You have to wonder what impact structural changes,  levels of unemployment and redundancy (around 4 million in the UK since 2008) have had on the way we manage and design our workplaces. There is no doubt that the downturn combined with the structural changes in the way we work have had an effect on demand for commercial property, but what will it all mean in the longer term?

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Number of people in work rose 80,000 over last three months

Number of people in full time employment rises by 80,000 in three monthsThe number of people in full-time work has increased by 80,000 over the last three months according to figures released today by the Office for National Statistics. Employment growth was accompanied by a 24,000 fall in unemployment between May and July meaning the rate of unemployment in the UK this quarter dropped to 7.7 per cent from 7.8 per cent in the previous three months.  However the figures also showed the number of people in part-time work has risen to 1.45 million, the highest since records began in 1992 and double the number of five years ago, which may put more pressure on the government to address the continued controversy over zero hours working. To download the latest ONS labour market statistics click here.

EU Governments urged to maximise the potential of older workers

EU Governments urged to maximise the potential of older workers

The rise in the number of older workers in the UK has been well documented, and the reason is clear, they are a much needed resource. Over the next ten years there are 13.5 million job vacancies which need to be filled, but only seven million young people predicted to join the job market in that time. And the UK is not alone; the EU faces significant skills gaps due to demographic change. But according to a new International Longevity Centre –UK (ILC-UK) report, Working Longer: An EU perspective, supported by Prudential, EU countries urgently need to skill up the older workforce, support more older women in work and address the particular health issues associated with employing older workers. More →

Employee engagement, not fear, behind the fall in staff turnover

Job satisfaction and engagement could be real reasons for low staff turnoverExplanations for a marked fall in employee turnover have largely attributed it to the recession, which, it’s been suggested, has led cautious employees to prefer to stay put in a secure position, rather than risk losing their place in an uncertain job market. However new data published today from the CIPD’s Megatrends research project suggests a more positive picture. The proportion of workers leaving their employer at any given time fell by over two fifths between 1998 and 2012, long before the downturn took hold. And the good news for those concerned with improving the quality of the workplace environment is that increased job satisfaction and improved levels of employee engagement could play a significant role.. More →

Pressure to fill roles as employers struggle to persuade cautious workers to switch jobs

Challenge to fill roles as employers struggle to persuade cautious workers to switch jobs

More good news on the economy today with the Summer 2013 CIPD/Success Factors Labour Market Outlook (LMO) survey report showing that for the sixth quarter in a row, employers expect jobs growth. However, while this means more opportunities for job seekers the pressure is mounting for employers to attract the right talent. It seems that despite employment confidence being at its highest level since the 2008 recession, this isn’t shared by those already in work, who are showing a marked reluctance to change jobs, leading to a struggle for employers to find the right candidates. More →

BIFM and DWP announce facilities management partnership agreement

LinkThe British Institute of Facilities Management (BIFM) is building on its recent track record of building new alliances with the announcement that it has signed a partnership agreement with the Department for Work and Pensions (DWP). The partners claim the new agreement will see the BIFM and DWP working in unison to support future growth in the facilities and workplace management sector.  The agreement was signed at the end of last week by Mark Hoban MP, Minister of State for Employment, Gareth Tancred, CEO of BIFM and Martin Brown, Work Services Director for Wales and Employers, Department for Work and Pensions. The joint statement from the BIFM and DWP claims that the partnership agreement will drive ‘a shared agenda on increasing routes into and raising skills and professionalism of all those working in the facilities and workplace management industry’.

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Employers struggling to recruit the right talent finds survey

Employers struggling to recruit the right talent

Employers are having to work harder than ever to find the right talent to fill vacancies, with the proportion of employers reporting an increase in competition for well-qualified talent increasing threefold from 20 per cent in 2009 to 62 per cent in 2013. The annual CIPD/Hays Resourcing and Talent Planning Survey 2013, which examines resourcing and talent planning strategies across private, public and voluntary sector organisations, reveals that six in ten organisations had experienced difficulties filling vacancies in the past year, and although more than half of organisations report that they make use of social media in resourcing, just two fifths have a dedicated strategy. More →

Real demographic challenge as number of older workers tops one million

The latest employment figures published today by the Office for National Statistics (ONS) show an interesting demographic trend. Beneath the rather unexceptional news that employment rose by 24,000 and unemployment fell by 5,000 in the three months to April, is what Jim Hillage, Director of Research at the Institute for Employment Studies (IES) describes as “underlying structural changes in the labour market”. The number of employed people over 65 in the UK has now reached more than a million (1,003,000), the highest since records began in 1971. This means that almost one in ten of over-65s are now in work.

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UK employment recovery could take up to four years finds research

UK employment recovery doubts due to rising jobs gap

It will now be more than four years before the UK restores the employment rate of 2008 – and jobs recovery could take far longer. According to a new analysis from independent think tank the Resolution Foundation, it is now all but certain that the current jobs recovery will take longer than that following either the 1980s or 1990s recessions. The new findings are based on calculations of the UK ‘jobs gap’, the number of jobs the UK needs to create in order to restore the 2008 employment rate. The tough figures are explained partly by the UK’s ageing workforce, as a third of the current jobs gap is down to the growing share of the workforce aged over 64, which is growing twice as fast as the population aged 16-64. More →