Search Results for: pension

Focus shifts to refurbishment as new office building in London falls by half

Focus shifts to refurbishment as new office building in London falls by half

office building and constructionThe construction of new offices in central London has declined by half (50 percent) in six months as developers and occupiers shift their focus to refurbishment, according to Deloitte Real Estate’s latest London Office Crane Survey. The crane survey analysed office building data over the six months to 30 September, and included a poll of London’s biggest developers conducted at the end of September. The total office space under construction in central London is now 15.1 million sq ft. This is similar to the level recorded in the previous survey (15.3 million sq ft, the highest since 2002) as developments are now taking longer to complete. More →

Massive increase in numbers of self-employed people on universal credit

Massive increase in numbers of self-employed people on universal credit

self-employedA new report from IPSE (the Association of Independent Professionals and the Self-Employed) suggests that there has been a massive increase in the number of self-employed people on Universal Credit since 2019. More →

Pay equality and benefits key considerations for future of flexible working

Pay equality and benefits key considerations for future of flexible working

flexible workingAround half of UK workers polled in a new study, think that pay and benefits should be based on ability, regardless of where an employee is located. The Global Workforce Revolution report, published by Remote, claims to identify the key priorities for companies looking to extend remote and flexible working practices as a result of the Covid-19 pandemic. More →

A third of employees asked to commit furlough fraud in lockdown

A third of employees asked to commit furlough fraud in lockdown

furlough fraudNew research on 2000 furloughed full time employees, suggests that a third of UK bosses are committing fraud and trying to ‘cash in’ by seeking to abuse the Government’s Coronavirus Job Retention Scheme (‘CJRS’) since lockdown. According to the survey by Crossland Employment Solicitors, 34 percent of employees have been asked by their boss to work while being furloughed by their company – an act of fraud under the current rules of the CJRS. More →

Expectations at work are changing

Expectations at work are changing

New research from Aon, claims that 94 percent of employers believe their employees’ expectations of work experience are changing. In Aon’s Benefits and Trends Survey 2020, employers say their employees expect flexible working hours, the ability to work from home, better awareness and handling of mental health, better approaches to diversity and inclusion and better parental policies. A surprise in this year’s report is the strength of opinion on environmental and sustainability policies, coming in at the seventh most important expectation in its first year in the survey. Fifty-four percent of employers believe that employees want clarity and positivity on this subject.

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Watchdog raises concerns at councils` commercial property investments

Watchdog raises concerns at councils` commercial property investments

commercial property risksSome local authorities in England have invested significant public money in buying commercial property over the past three years with the aim of generating a financial return. Debt has increased for many of these authorities as a result, with a small group seeing significant increases in the amount they owe and the cost of repayment, according to the National Audit Office (NAO). More →

Majority of people living in poverty are in a working family

Majority of people living in poverty are in a working family

povertyMore than half of the people in the UK classified as living in poverty are members of a working family. According to the Joseph Rowntree Foundation’s state of the nation report on poverty in the UK, poverty has risen for children and pensioners over the last five years. Although employment has increased, in-work poverty has also gone up because often people’s pay, hours, or both are not enough. More →

Gig economy workers should not all have equal rights

Gig economy workers should not all have equal rights

gig economyPolicy makers should beware of classifying all gig economy workers as “employees”, a new research report has claimed. Such workers vary in age, income and education in a similar way to the traditional workforce and crafting regulations that treat both fully committed and occasional gig workers as one group is unlikely to be an efficient solution, the report from IZA World of Labor contends. More →

Majority of organisations remain unprepared for executive pay gap reporting

Majority of organisations remain unprepared for executive pay gap reporting

Three-fifths of UK organisations are still not ready to report their executive pay gap almost twelve months after the legislation came into force, claims a new poll by HR services provider MHR. This year UK listed companies with more than 250 employees are, for the first time, obliged to publish the pay ratio between their CEO and “average” employees in early 2020 and explain the reason for their executive pay ratios. More →

Over 65s will drive half of all jobs growth in coming decade

Over 65s will drive half of all jobs growth in coming decade

New projections from Rest Less, a jobs, volunteering and advice site for the over 50s, claims that workers aged 65 and over are likely to be responsible for at least 50 per cent of all UK employment growth in the next 10 years. The analysis, based on population projections from the Office of National Statistics, makes an assumption that the current employment rate of each age group will remain static, and suggests that with population changes alone, the over 65s are likely to be responsible for 52 per cent of all the UK’s employment growth in the next 10 years, 57 per cent in the next 20 years and as much as 62 per cent by 2060. More →

Gig workers like the work-life balance but would prefer permanent roles

Gig workers like the work-life balance but would prefer permanent roles

More than one in ten (12 percent) so-called gig workers in the UK are working multiple roles and consider temporary work as their main role, taking advantage of improved work-life balance, greater variety of work and the ability to see more of their families, according to a new report. The research, carried out by Reed Specialist Recruitment, for its Temporary isn’t Temporary campaign, surveyed 5,000 workers and looked at their experience of, and attitude to, temporary and multiple career roles.

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Two thirds of bosses say workers don’t like change. Workers disagree.

Two thirds of bosses say workers don’t like change. Workers disagree.

changeNew research by HR solutions provider People First, part of MHR International, claims that nearly three-quarters of bosses think that their employees do not like change. However, the same research suggests that 1 in 4 employees say that it is in fact their bosses who do not like change and who are holding the business back. Surveying the attitudes of 250 bosses and 250 employees from firms across the UK, the research highlights an interesting disconnect between bosses and their staff when asked about the other’s shortcomings. More →