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Rise in jobless figures puts pressure on Chancellor

The Treasury

There is more pressure on Chancellor George Osborne ahead of today’s budget with the news that uemployment rose by 7,000 to 2.52 million between November and January. However the overall unemployment rate for November 2012 to January 2013 remained at 7.8 per cent, unchanged from August to October 2012. The latest figures from the Office of National Statistics (ONS) also show that while pay rose by 1.2 per cent during the same period, with inflation measuring 2.7 per cent between January 2012 and January 2013, there continues to be a cut in the real value of pay. More →

Call for budget to help construction sector growth

The Treasury

Leading environmental and building construction bodies are calling on the Government to help grow the built environment in next week’s budget. The UK Green Building Council (UK-GBC) is urging the Chancellor to use the Budget 2013 to demonstrate the Coalition’s commitment to energy efficiency as a key driver of green growth and provide a boost to the construction sector. And in a list of requests, RICS asks the government to visibly promote public sector construction contracts, meaning smaller firms across the UK are aware of projects and able to directly bid for work.

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Global confusion in managing employee “data deluge”

employee data

Over a quarter of employers worldwide do not know how their workforce potential is affecting the company’s bottom line. A new report by talent measurement solutions provider SHL suggests HR managers are overwhelmed by the volume of employee data and struggle to elicit meaningful insight that will help drive businesses forward and deliver results. “Our research shows that even though organisations measure employee performance, they have historically focused on efficiency data, like how well an employee is performing versus data that allows them to make a strategic talent decision,” said Ken Lahti, vice president, Product Development and Innovation, SHL.

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“Groundbreaking” guidance on drivers for social change

Network for business sustainability

Businesses can play a key role in driving social change according to a groundbreaking new report. Whether through product labelling, supply chain management, employee volunteerism and partnerships with non-government organisations (NGOs), companies have the power to help people get active, eat healthy foods, use less energy and live more sustainable lives. Now a new guide based on a review of 123 studies from the last 20 years, released by the Network for Business Sustainability (NBS) provides the evidence for any business interested in cause marketing, social innovation or responsible consumption. More →

Global corporates boosting social media engagement

social media

The massive rise in prominence of social media has led many major global organisations to increase their so far limited investment into social channels such as LinkedIn, Twitter and Facebook in order to attract and engage talent. Senior Resourcing and HR directors at a recent roundtable event facilitated by hyphen, the recruitment process outsourcer agreed that social media is fast becoming a critical part of the recruitment and employee engagement tool kit as major organisations adapt to the new digital age – and this investment is starting to drive internal change towards a focus on digital within organisations. More →

Cautious welcome for Prime Minister’s green speech

Green economy

Environmental experts have given Prime Minister David Cameron’s speech on Monday, when he reiterated his commitment to a green economy, a cautious welcome. The PM, who has come under some criticism for failing to follow up on his promise to make “this the greenest government ever” gave a short speech at the launch of the Energy Efficiency Mission at the Royal Society in London, where he underlined the Government’s commitment to energy efficiency and said that only the greenest and most energy efficient countries would win the global race. More →

Commercial sector bucks downward UK construction trend

Construction figsConstruction business activity fell by the third month running in January, with new orders at slowest pace since October 2012 according to the latest Markit/CIPS UK Construction Purchasing Managers’ Index (PMI). There were some reports that snowfall had contributed to reduced output volumes, but the majority of respondents cited weak underlying client demand and a lack of new projects.  However commercial activity was the only sub-sector to buck the wider downward trend in output during January with the latest data indicating unchanged volumes of commercial activity, ending five months of contraction. More →

Ageless workforce welcomed, despite sickness absence increase

GRiD age research

One third (33%) of UK employers have seen the average age of their workforce increase over the last year, with three in five (59%) believing that the removal of the Default Retirement Age (DRA) meant they were more likely to recruit employees aged 50 and over. Older workers are viewed positively, despite the fact that, according to new research by Group Risk Development (GRiD), over a quarter (27%) of employers report increased absence rates or an increase in age related health conditions since the removal of the DRA. More →

Employers overlook flexible working alternative to redundancy

Flexible

Only 22 per cent of UK managers believe their companies are very effective at redeploying employees rather than making redundancies. And according to new global research it’s a worldwide problem, with almost three in ten employers believing their organisations are “not effective”. Mark Hodgson, practice leader of Talent Management in Right Management UK & Ireland said: “The results suggest that businesses aren’t seeing redeployment as a feasible way of making savings and keeping staff. Businesses can’t afford to underestimate the importance of a flexible workforce in this tough economic climate.” More →

Global trust demands business acts as force for good

Edelman_blogs-02-620x315

Government trails business, media, and non-governmental organisations as the least trusted institution worldwide. The 2012 Edelman Trust Barometer reveals trust in government fell a record nine points to 43% globally, and in 17 of the 25 countries surveyed, government is now trusted by less than half. “Business is now better placed than government to lead the way out of the trust crisis,” said Richard Edelman, President and CEO, Edelman. “But the balance must change so that business is seen both as a force for good and an engine for profit.”

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Greater clarity required for UK infrastructure plan

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The National Audit Office has called on the UK government to provide greater clarity to taxpayers and consumers on how it will meet its national infrastructure plan. The government expects £310 billion to be spent by 2015 and beyond on new infrastructure projects in sectors such as energy, rail, roads, water, waste, flood defences and digital communications. The government is looking to private companies to own and finance around 64 per cent of the £310 billion, with the burden of funding likely to shift towards the public as consumers rather than taxpayers.

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New research highlights trends in technology market

image: ../art/MacBookProDesktop_2x.pngA new report from Deloitte has highlighted what it believes are the key trends in the market for telecommunications, media and technology as part of its annual TMT Predictions research project. Amongst other things it predicts a slowdown in the uptake of Bring Your Own device polices, the enduring appeal of the laptop,  a change in the way we protect our data and devices, and the annual market for smartphones hitting one billion units for the first time as 4G takes off in the UK.

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