Search Results for: labour

Progress towards closing gender pay gap slows around the world

Progress towards closing gender pay gap slows around the world 0

Women across the globe earn on average  just over half of what men earn despite, on average, working longer hours when taking paid and unpaid work into account. The world is facing an acute misuse of talent by not acting faster to tackle this gender inequality, which could put economic growth at risk and deprive economies of the opportunity to develop, warns the World Economic Forum’s Global Gender Gap Report 2016, which is published today. The latest edition of the annual benchmarking exercise that measures progress towards parity between men and women in four areas: Educational Attainment, Health and Survival, Economic Opportunity and Political Empowerment finds that progress towards parity in the key economic pillar has slowed dramatically with the gap – which stands at 59 percent – now larger than at any point since 2008. Aside from salary, another persistent challenge is stagnant labour force participation, with the global average for women standing at 54 percent, compared to 81 percent for men. The UK is ranked 20th overall in the global index and of those countries in Western Europe, the UK falls in the bottom half of the table.  In respect of economic participation and opportunity, the UK is ranked 53.

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Larger employers much more optimistic about post-Brexit outlook than SMEs

Larger employers much more optimistic about post-Brexit outlook than SMEs 0

BrexitA gap is emerging between UK businesses regarding the impact of Brexit, with large businesses significantly more optimistic about the future than their small business counterparts, joint research by NGA Human Resources (NGA HR) and its SMB division, Moorepay suggests. Six in ten (59 percent) respondents working for large businesses expect Brexit to have a positive impact on their business, but only 35 percent of SMBs share this view. In fact, a quarter of (25 percent) SMB employees in the UK actually believe their situation will worsen after the UK has left the European Union. Looking ahead, the majority (79 percent) of larger UK businesses are ready to address the challenges and exploit the opportunities resulting from Brexit, whereas just over half of small businesses (56 percent) feel the same. Asked about their wish list for a post-Brexit economy, all UK businesses agree that access to the single market is the biggest advantage of the EU membership and one that both large businesses (64 percent) and SMBs (54 percent) would like to retain. Additionally, opening up trade to new countries and markets is seen as the main advantage of Brexit for both large (70 percent) and smaller businesses (54 percent), followed by freedom from EU laws and regulations (both 48 percent).

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Where are zero hours contracts and the gig economy taking us?

Where are zero hours contracts and the gig economy taking us? 0

gig-economyZero-hours contracts have had a bad time in the press. Mike Ashley, founder of Sports Direct, has taken a pounding after uproar over workers conditions, and after vehemently defending his position, he is remarkably making a U-turn, ditching the controversial zero-hours employment arrangements. A large number of companies new also turning their backs on zero hours, including Cineworld, Greene King and Wetherspoons. Casual work isn’t a new phenomenon. In fact, the secure, jobs-for-life of post-war Britain lasted merely a few decades. Prior to the 1940s casual work was the longstanding nemesis of the working class. The welfare state and the much-cherished political mantra of full employment emerged in a post-war, golden age. In the 1980s capitalism found its sway. Margaret Thatcher redefined worker’s rights, and it paved the way for employers to benefit again from a more flexible workforce and ultimately what we now refer to as the gig economy.

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The American workplace is more skilled, but workers are concerned they are becoming irrelevant

The American workplace is more skilled, but workers are concerned they are becoming irrelevant 0

american-workplaceThe ‘Tectonic changes’ that are reshaping the US workplace and the response to them are the subject of a major new research project from the Pew Center in association with the Markle Foundation. The study of over 5,000 US workers carried out over the Summer found that the nature of jobs is undergoing a fundamental shift with greater emphasis on knowledge as well as analytical, interpersonal and communication skills. In response, workers are retraining and reassessing their abilities to adapt to the demands of employers. Despite this, a growing number are worried that they are becoming irrelevant and have diminishing faith in the ability of politicians, the education system and their employers to address their concerns.

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Offering flexible working to mums could boost economy by £62.5 billion

Offering flexible working to mums could boost economy by £62.5 billion 0

flexible-working-mumMore than two thirds of stay-at-home mothers with young children would go back to work if flexible working was an option, a new study from Digital Mums and the Centre for Economics and Business Research claims. The survey of 1,600 mothers also suggests that more than a third of those already in work would put in more hours if they had better childcare arrangements based around flexible working. The WorkThatWorks report claims that women (and presumably some fathers) would contribute billions to the economy if more organisations were to offer parents more flexible work conditions. The report claims that currently, some 2.6 million mothers are out of the labour market although two thirds (68 percent) feel unable to return to work because of the lack of flexible working options. In addition, 60 percent of mothers already in work do not have access to flexible work despite the introduction of legislation in 2014 that offers them the right to request it.

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Nearly all UK cities lagging behind European average for productivity 0

The UK’s major cities are lagging behind their European competitors in terms of skills, innovation and productivity, claims a new report from the Centre for Cities think tank. In Competing with the Continent, the authors argue that the onus is on the UK to come up to speed with the 330 cities covered in the report, especially if they want to compete in the new post Brexit European landscape. However, the report notes that the UK has a number of existing, structural advantages over other countries. UK cities generate around a fifth of Europe’s total economic output and contribute more to the national economy than cities in other countries. Major British cities contribute 60 percent of national GDP, compared to just 36 percent in Germany and 32 percent in Italy. The report shows that UK cities lag behind on a range of indicators including skills, innovation and productivity and a number have an industrial mix that has more in common with cities in Eastern Europe than those in the West.

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Businesses failing to look at workplace effectiveness in the right way

Businesses failing to look at workplace effectiveness in the right way 0

workplace-effectivenessThis month, the director-general of the Confederation of British Industry (CBI), Carolyn Fairbairn, suggested that productivity growth across all parts of the UK economy should be the number one priority for business and government. And the CBI isn’t alone in emphasising the importance of honing in on and tackling the ongoing productivity problem. According to the Organisation for Economic Co-operation and Development’s (OECD) economic forecast summary, published earlier this summer, productivity has been exceptionally weak since 2007 and doesn’t show much sign of abating nearly ten years later. Labour productivity per employee has failed to markedly rise since the global downturn and the UK is still miles behind the G7 average – that’s according to the Office for National Statistics (ONS) quarterly figures and CBI data. So, to echo Fairbairn, reviving British productivity is essential to sustain growth and living standards.

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Employers must adopt a trust based approach to flexible working

Employers must adopt a trust based approach to flexible working 0

Working remotelyEmployers are being urged to create a more inclusive and flexible working environment for their employees by adopting a trust based approach which focuses on the meeting of objectives rather than hours. This is the advice of Harvard University’s Global Leadership award winner Charlotte Sweeney on the launch of National Work/Life Week. In 2015, 23 percent of employees were reported to be doing some of their work remotely, up from 19 percent in 2003 according to the Bureau of Labour Statistics. But more than just adopting agile working, the diversity expert says businesses should begin to focus on individual well-being and supporting employees to enrich all aspects of their lives, their families and their communities. Corporates should implement a trust-based approach, which focuses on employees meeting their objectives, rather than focusing on where they are actually doing the work or even how many hours it takes to complete.

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Mass media job promotion spells global staff engagement challenge

Mass media job promotion spells global staff engagement challenge 0

Global recruitment and engagement

As the global labour market warms up and active job seeking increases, employees’ plans to stay with their current employers are declining. This is due to a shift in attitudes by employees who’ve long believed that the job opportunities they were seeking did not exist in the labour market; but are being convinced otherwise as companies increasingly turn to mass media to promote appealing employment brands and job opportunities. While this is good news for companies looking to attract new talent, employers looking to retain their best people must also take notice. This is according to data from CEB’s Global Talent Monitor, which claims that employees are also putting in less effort at work in all regions except North America and suggests that to keep top talent in place, companies will need to better promote internal job opportunities and benefits, rather than letting employees think they must go elsewhere to find the jobs they want. The research did find though that UK employees are feeling generally less confident due to Brexit uncertainty.

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The dramatic rise of the online gig economy revealed in new study

The dramatic rise of the online gig economy revealed in new study 0

jobbureauThere has been a rapid increase in the online gig economy worldwide, according to new research from the University of Oxford. The study is based on the results of the University’s Online Labour Index which measures vacancies and activity on websites and apps related to the gig economy. It found that employers in the US are the biggest users of the online gig economy, defined as the use of workers procured over the internet for short term, piecemeal and project based work. Between May and September, US firms posted 52 percent of vacancies on the platforms followed by the UK at 6.3 percent, India at 5.9 percent, and Australia at 5.7 percent. The market grew by 9 percent over the tested period with growth fastest in the UK which saw a 14 percent increase in activity. The data also showed that software development and technology are currently the most sought-after skills. Creative and multimedia work is the second largest category, followed by clerical and data entry work.

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Employers will promote internal talent to meet Brexit challenge

Employers will promote internal talent to meet Brexit challenge 0

Brexit talent drain

Bosses are divided on whether staff morale will suffer following Brexit, with 48 percent of respondents to a recent survey believing it will and 51 percent expecting no change, despite 74 percent of organisations believing employees are at least ‘somewhat concerned’ by the impact of the vote. Though the majority of companies (82 percent) believe it is their duty to keep employees informed of the potential impact of Brexit on their organisations, few (11 percent) have started communicating openly. The report by Mercer, Planning for Brexit – Talent Implications, also suggests the while the true impact of potential changes to immigration policy remains unknown so far, talent availability is being seen as a top long-term challenge. Over half (58 percent) of companies think their workforce plans will change in the longer term and the majority (66 percent) anticipate a stronger focus on developing and promoting talent from within to compensate for a possible lack of access to wider talent pools.

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New alliance aims to help eradicate maternity discrimination at work

New alliance aims to help eradicate maternity discrimination at work 0

Pregnant workerA new alliance between leading businesses and the Equality and Human Rights Commission is being launched today to combat the level of pregnancy and maternity discrimination that affects around 390,000 pregnant women and new mothers each year. A coalition of businesses in the initiative ‘Working Forward – supporting pregnancy and maternity rights’, aims to inspire other organisations to follow their example by working to eradicate discrimination from their businesses and show employers how to attract, develop and retain women at work. The launch follows the EHRC’s recent landmark research, carried out in conjunction with the former Department from Business, Innovation and Skills which highlighted that while the majority of employers say they are firm supporters of female staff during and after pregnancy and find it easy to comply with the law, three in four (77 percent) mothers say they have had a negative or possibly discriminatory experience at work.

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