Search Results for: labour market

Demand for a four-day week continues to grow

Demand for a four-day week continues to grow

by • Flexible working, News

four-day weekAccording to a new report from ADP exploring employees’ attitudes towards the current world of work, six-in-ten (60 percent) UK workers would like more flexibility as to when they work, such as condensing hours into a four-day week. This number increased to two-thirds (67 percent) in Greater London. The report claims that this desire for great flexibility comes at a time when there is a mental health “ticking timebomb” in workplaces. Over half (51 percent) of men and 45 percent of women believe that their work is suffering due to their poor mental health. This is leading to over a quarter (29 percent) of workers actively trying to change their job and/or move into another industry. More →

Younger workers want flexible working, but are sceptical of remote

Younger workers want flexible working, but are sceptical of remote

by • Flexible working, News

flexible workingWhile remote and flexible working roles continue to grow in almost all countries, 20-24 year olds are the age group making the fewest applications to fully remote roles, claims a new poll from LinkedIn.  LinkedIn analysed the labour market for career starters in the U.S., U.K, France and Germany – including job applications and hiring data – to understand which sectors offer the most opportunity for Gen Z job-seekers and employers looking to attract them. More →

Competition for talent is fierce, but employers edge away from pay to attract people

Competition for talent is fierce, but employers edge away from pay to attract people

by • HR, News

competition for talentNew CIPD research claims that almost half (45 percent) of UK employers report having vacancies that are hard-to-fill, and almost two thirds (65 percent) anticipate problems filling vacancies in the next six months. The most common response made in the past six months by employers with hard-to-fill vacancies has been to increase pay (44 percent). However, only a quarter (27 percent) of organisations plan to raise wages in response to the competition for talent in the future. This suggests that organisations may be approaching their limit on this ‘quick win’ strategy and are exploring alternative options, such as upskilling people and flexible working, to attract and retain people. 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 →

Four-day working week can improve wellbeing and reduce social inequality

Four-day working week can improve wellbeing and reduce social inequality

by • Flexible working, News, Wellbeing

four day working weekResearch from the University of Kent has shown how a national four-day working week can positively impact workers and their families’ wellbeing, improve social cohesion and reduce social inequality. In a paper published by the Journal of Social Policy, Professor Heejung Chung from Kent’s School of Social Policy, Sociology and Social Research discusses how a shorter working week can help tackle issues by giving workers the ‘right to time’, shifting a balance between work and non-work activities in daily life. More →

Location pay doubts are now rife amongst organisations

Location pay doubts are now rife amongst organisations

by • Flexible working, HR, News

location payThe latest data from XpertHR suggests that 44 percent of UK organisations are ‘unsure’ about the future of their location pay arrangements following the coronavirus pandemic and the subsequent shift to hybrid working. Location pay is currently offered by more than half of UK organisations (55 percent). Its most common form is a London allowance on top of basic pay (offered by 40 percent of organisations),with inner London employees receiving a median location payment of £3,775 (£3,250 in outer London). More →

Skills crisis intensifies as demand for white collar jobs outstrips supply

Skills crisis intensifies as demand for white collar jobs outstrips supply

by • Jobs, News

skills crisisDemand for people to fill permanent and contracted white-collar jobs while the UK continues to battle a skills crisis. That’s according to the latest Recruitment Trends Snapshot report from The Association of Professional Staffing Companies (APSCo). The data provided by Bullhorn, claims that demand for contractors was also up year-on-year, increasing 38 percent. Month-on-month figures also showed a spike in jobs, with permanent and contract vacancies increasing 104 percent and 78 percent between December and January, which can be attributed to a bounce back following a seasonal lull. More →

Record pay rises on the cards to address tough recruitment conditions

Record pay rises on the cards to address tough recruitment conditions

by • HR, News

record pay risesEmployers anticipate offering record pay rises of 3 percent in 2022 as they look to combat increasing recruitment and retention difficulties. This is the headline finding from the CIPD’s latest quarterly Labour Market Outlook, which highlights the scale of the growing challenge facing organisations in finding and keeping staff, and how they are responding. This quarter’s pay award figure is the highest since the survey was conducted using its current methods in the winter 2012/13 report. The Labour Market Outlook surveyed more than 1,000 employers in January 2022 about their hiring, pay and redundancy intentions for the first quarter of the year. More →

Half of unemployed men aged 50+ out of work for at least a year

Half of unemployed men aged 50+ out of work for at least a year

by • HR, Jobs, News

unemployed menThere were nearly 200,000 men aged 50 and older out of work between September and November 2021 – an increase of 24 percent in two years – and 50 percent of them were unemployed for at least a year, according to new analysis from Rest Less, a digital community and advocate for older people. Rest Less analysed the latest labour market data from the Office of National Statistics to find that unemployed men aged 50+ are significantly more likely to be in long-term unemployment, defined as out of work for at least a year, than any other age group. More →

Critical industries at risk of collapse as people shun key worker jobs

Critical industries at risk of collapse as people shun key worker jobs

by • HR, Jobs, News

critical industriesSectors critical to putting food on the table and looking after the health of people are on a cliff edge as working age adults shun many of the essential jobs in critical industries that keep the UK running – from food production and logistics to health and social care. That’s according to new research from skills development organisation, City & Guilds. The research finds that despite key workers seeing the nation through the pandemic, the UK’s most vital industries are being threatened by growing skills shortages, as poor reputations and concerns about low pay turn off potential new recruits. More →

Hybrid working? Let’s put on a show

Hybrid working? Let’s put on a show

by • Comment, Flexible working

hybrid working performanceI’m currently rereading Art Kleiner’s masterful book The Age of Heretics which describes the history of ground-breaking thought in management in the 20th Century and the lessons we forget. It remains a relevant book for the new era of ‘hybrid working’ because the book draws a distinction between two fundamental schools of thought in management theory. One of these sees management as a numbers game in which people are inherently problematic and so must be directed what to do based on data and routines of desirable activity and behaviour. And the other sees people as well meaning, capable and adaptable with managers there to facilitate and channel their abilities and help them develop. More →

Half of companies still not ready to meet the demand for flexible working

Half of companies still not ready to meet the demand for flexible working

by • Flexible working, News, Property

flexible workingCompanies are unprepared for the structural shift to flexible working and must do more to create responsible, personalised and experiential workplaces, a new report from JLL suggests. Intensive experimentation and piloting are needed to achieve flexible working models that will deliver a unique workplace experience for all. The JLL research claims that globally organisations are looking to continue flexibility for where and when people work with 82 percent expecting employees to work remotely into the future at least part of the time – spending on average two days every week away from the office. Yet 48  percent of organisations in Europe Middle East and Africa (EMEA) still have not developed a future of work programme to meet the rising demands and expectations of their staff for greater work flexibility, exceptional and sustainable workplaces and increased wellbeing. More →

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