Search Results for: labour

Gender earnings gap in tech sector is significantly higher than national average

Gender earnings gap in tech sector is significantly higher than national average 0

homepage-insideThe high tech sector may pride itself on offering some of the most attractive and modern workplace environments, but when it comes to equal parity between the sexes it seems out of date. New research from Mercer claims that at 25 percent, the gender earnings gap in the UK’s high tech sector is significantly higher than the national average (18 percent). The consultancy also found that small companies have the largest gap, with a 30 percent difference in (median) pay between all male and female employees, and a 26 percent gap when considering mean base salaries. This difference reduces as company sizes grow. Where the data allowed comparison of pay between women and men in equal job roles, the pay gap was much smaller, typically 8 percent. This is comparable to the UK norm of 9 percent for this type of analysis. The reasons for this gap is due on further analysis to a multitude of factors including the reluctance of many women to enter the tech field, not enough effort being put into promoting women and a lack of will in promoting flexible working patterns.

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Google confirms it is to go ahead with massive new London HQ

Google confirms it is to go ahead with massive new London HQ 0

googleFollowing the announcement in September that Apple was to reaffirm its commitment to the UK with a major investment in the creation of a new headquarters building in London, the latest global tech giant to follow suit is Google. The firm has confirmed it is to open a new HQ in the capital which will see 3,000 jobs created by 2020. In an interview with the BBC, chief executive Sundar Pichai claimed that he is confident that the UK Government will not be throwing up barriers to the movement of skilled labour in the wake of the Brexit vote. Based on this he is moving ahead with the Bjarke Ingels Group and Thomas Heatherwick designed £1 billion Kings Cross development that will allow the firm to expand its UK workforce to 7,000 people. Heatherwick has previously worked with Google alongside Bjarke Ingels Group on the design of their Mountain View headquarters in California. He was drafted in to work on the London project after a previous design was rejected because it was ‘boring’.

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Employers as well as workers behind the creation of the gig economy

Employers as well as workers behind the creation of the gig economy 0

Employers and workers are both driving the creation of gig economyEmployers and workers are both driving the creation of a temporary, independent workforce, but despite the benefits, there are some significant management challenges, claims two new EY surveys focusing on the gig economy. Among large organisations (100,000 employees or more) surveyed, 49 percent said they increased their use of gig workers in the last five years and 40 percent of organisations expect to increase their use of contingent workers in the next five years. One quarter expect 30 percent or more of their workforce to be contingent workers by 2020. On the employee side, the research shows more people are choosing to do contingent work; 73 percent of the 1,008 short-term contingent workers surveyed had positive reasons for their independent work arrangement, with only 20 percent saying they were short-term workers due to a lack of suitable full-time positions. Sixty-six percent believe the benefits of contingent working outweigh the downsides always or most of the time compared to just 6 percent who believe the opposite.

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Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD

Vast majority of UK employers are against a ‘hard Brexit’ finds CIPD 0

Vast majority of UK employers are against a 'hard' Brexit' finds CIPD

The implications of Brexit are raising concerns over a reduction in employers’ intentions to invest in their staff and its effects on access to migrant labour. As a result, according to the latest quarterly CIPD/Adecco Group Labour Market Outlook, while employment growth looks set to continue in the UK, there are signs that this is beginning to slow and that real wages are likely to fall during 2017 for many employees. The data shows that the net employment balance, while remaining in positive territory at +22, based on the difference between the share of employers expanding their workforce and the share of employers reducing their workforce, has shown a slight negative decline from the previous quarter’s figure of +27. Although 42 percent of employers believe that future restrictions on EU labour could damage their UK operations, just 15 percent have started to prepare for this eventuality; which is probably why the vast majority are against a ‘hard Brexit’.

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Employers increased focus on wellbeing lacks adequate training and support

Employers increased focus on wellbeing lacks adequate training and support 0

wellbeing-glassNearly half (46 percent) of employers say that their organisation has increased its focus on wellbeing over the last 12 months; and when asked the reasons for this, 63 percent of respondents to the 2016 CIPD/Simplyhealth Absence Management Survey said they want their organisation to be a great place to work, 47 percent said their organisation believes employee well-being is linked to business performance, and 43 percent said their organisation believes it’s the right thing to do. Additionally, nearly two-fifths (37 percent) of organisations that invest in wellbeing say they have increased their well-being spend over the last twelve months and almost two-thirds (64 percent) have improved communications to staff about the wellbeing benefits on offer and how to access them. However, the survey found that while more employers are recognising the value of line managers in managing absence at work, they are not giving them the tools and support necessary to do it effectively.

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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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