Search Results for: graduates

New analysis reveals shrinking pool of younger workers in the UK workforce

New analysis reveals shrinking pool of younger workers in the UK workforce

New analysis reveals shrinking pool of younger workers in the UK workforceAn increase in the number of UK-born employees leaving the UK’s workforce, either through retirement or emigration is coinciding with a shrinking pool of younger workers, which a fall in immigration can no longer fill, a new report warns. An analysis of the UK’s workforce showed that the UK’s workforce grew in 2016-2017 only because of an increase in EU and non-EU workers. Mercer’s Workforce Monitor showed that retirement, opting out (i.e. due to caring responsibilities) or emigration saw around 143,000 UK-born employees leave the UK workforce with the loss of workers only being offset by the entry of around 147,000 EU-born workers and around 232,000 Non-EU workers.  In sum, the UK’s workforce grew by an estimated 234,000 over 2016-2017. From Q1 2016 to Q1 2017, the number of workers over 50 in the UK economy grew by 230,000, the under 35’s grew by 50,000 while the number of workers aged 35-49 shrunk by 48,000. According to the analysis, if net migration into the UK levels off at 100,000 per year from 2020, the number of under 50s in the workforce will fall by 200,000 by 2025; the over 50s would increase by over 1 million while the number of under-25s in the population would fall by 100,000. This means apprentices and graduates numbers will be less.

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Being on a temporary or zero-hours contract is bad for your wellbeing, especially if you’re young

Being on a temporary or zero-hours contract is bad for your wellbeing, especially if you’re young

Two major new studies claim to show the impact of temporary or insecure work on the wellbeing of people, especially younger workers. Research into the lives of 7,700 people from the UCL Institute of Education (IOE) suggests that young adults who are employed on zero-hours contracts are less likely to be in good health, and are at higher risk of poor mental health than workers with stable jobs. Meanwhile, an analysis from the Institute for Public Policy Research (IPPR) and Business in the Community suggests that younger workers (born since 1982) in part-time and temporary work – or who are underemployed and/or overqualified – are more likely to experience poorer mental health and wellbeing, compared to younger workers in more permanent and secure work.

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Manchester leads the UK as regional creative talent market place for tech and media

Manchester leads the UK as regional creative talent market place for tech and media 0

Manchester leads the UK regional creative talent market to house tech and media

Manchester tops the ranking as the leading UK regional creative talent market, having the key ingredients required by this sector to progress and develop as a future destination for the creative industries (including publishing, film, TV, media, digital, computer programming and information services). This is according to ‘Creative Regions’, a first of its kind report, showcasing the Top 25 Regional Creative locations in the UK [outside of London] published by CBRE. Common characteristics of successful creative locations, suggest the report, include large concentrations of creative businesses and professionals, deep talent pools of highly educated graduate populations, large and growing millennial populations, good transport connections, quality of life and proximity to world class universities with strong research and computer science ratings. The report’s also found that Reading punches well above its weight as a creative talent destination, given the size of its office market; Scotland features particularly well with Edinburgh and Glasgow in the top five list, and 11 of the top 25 creative talent locations are in the East and South East.

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London businesses lead the way in uptake of flexible working

London businesses lead the way in uptake of flexible working 0

London-based businesses are leading the way in flexible working in the UK, according to a new report from conference call provider Powwownow. The study of 2,000 people claims  that business leaders in the capital let their staff spend the most time working out of the office during an average week – a total of 3 hours and 31 minutes, compared to the UK average of 2 hours and 34 minutes. The survey also suggests that young people, many of whom are graduates with sought-after skills such as digital and cybersecurity expertise, are the most likely to consider flexible working a main attraction of a new job, with three quarters (76 percent) agreeing. While young people in London (18 – 24 year olds) are the most likely to want flexible working (85 percent), they are the least likely to be offered it by businesses. Over half of young people (53 percent) are not proactively offered flexible working, compared to just a third (33 percent) of 35-44 year olds who also have to ask for it.

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Digitisation of workplace boosts earning powers in creative and design sector

Digitisation of workplace boosts earning powers in creative and design sector 0

Digitisation of workplace boasts earning powers in creative and design sector

The rise of the gig economy and social media platforms have pushed creative and design jobs up the salary ranks, according to the latest UK Job Market Report from Adzuna.co.uk. In January, average salaries in this sector saw an annual increase of 2.2 percent to £31,828, with its popularity being driven by factors such as the new digital age coupled with the expertise of graduates who step into the jobs market with a fresh outlook on social media channels such as Snapchat and Instagram, which are highly valuable to employees. Across the job market, the employment rate stands at 74.6 percent, the highest since comparable records began in 1971 according to the ONS. This has been helped by a record proportion of women in work, with so-called ‘returnships’ – a type of later-life work experience helping older people, predominantly women back into the workplace – boosting the figures. Immigration may have tailed off in the wake of Brexit, but this also previously helped stimulate the jobs market.

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Over half of employers struggled to find newly graduated employees last year

Over half of employers struggled to find newly graduated employees last year 0

Over half of employers strugged to find newly graduated employees last yearOver half of graduate employers are struggling to fill their graduate vacancies, partly due to students reneging on offers. A poll by the Association of Graduate Recruiters (AGR) claims that 52 percent of employers did not fill all of their graduate vacancies last year and while one in five offers were declined, 7.1 percent of offers made were accepted and then reneged. The size of the challenge differs by sector. Accountancy, banking and engineering firms are the most likely to find reneging an issue. It is less of a problem in the public sector and among law, utility and IT businesses. However, employers are finding ways to tackle the issue with 97 percent communicating and 78 percent holding events for graduates between offer and join date. As a result the proportion of job offers reneged is falling – in the AGR’s 2015 poll 8.2 percent were reneged. Employers are also being advised to take more of a digital approach to reaching ‘tech savvy’ graduates.

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Are these the best places to work in 2017?

Are these the best places to work in 2017? 0

1_expediaRecruitment site Glassdoor has announced the winners of its ninth annual Employees’ Choice Awards to find the best places to work in North America and parts of Europe. The Awards are based on the input of employees who voluntarily provide anonymous feedback, by completing a company review, about their job, work environment and employer over the past year. This year, the Glassdoor Employees’ Choice Awards feature six categories, honouring the Best Places to Work across the UK, US (both large and small companies), Canada, France and Germany. There is one category in the UK: 50 Best Places to Work (honouring employers with 1,000 or more employees). Winners are ranked based on their overall rating achieved during the past year.  The top five UK Best Places to Work in 2017 are Expedia, ARM, HomeServeUK, Mott MacDonald and Hays plc

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Creating the workforce of the future; the Barclays perspective

Creating the workforce of the future; the Barclays perspective 0

barclays-eagle-logo

Apprenticeships are growing faster than ever in the UK.  This is fantastic to see.  Within our organisations we are making giant strides to re-carve and re-define talent whilst investing in the workforce of the future.  The topic of Apprenticeships remains top of the government agenda and top of the employability agenda and great things are starting to happen.  Yet, how much of the evolution of apprenticeships is understood by those who are seeking opportunities?  Has society evolved in such a way that would-be potential candidates are ‘switched-on’ to the fact that Apprenticeships is both a viable and powerful means to securing a long, sustainable, and credible career? What are we doing to define Apprenticeships to our audiences outside of our own organisations?  How are we marketing opportunities in a way that will ‘connect’ with our audience that will inspire them and others to invest in us?

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Calls to improve London’s transport infrastructure in Brexit negotiations

Calls to improve London’s transport infrastructure in Brexit negotiations 0

Brexit talks on London infrastructure

London’s property sector has been resilient following the EU referendum, with commercial property rents remaining strong over the summer, though over the next few months the overall direction of the market is likely to become clearer. This is according to the latest CBI/CBRE London Business Survey, which has found that businesses want the city’s mayor to play a leading role in influencing Brexit negotiations, particularly in driving improvements to the city’s transport infrastructure. Two thirds (67 percent) wish to see upgrades to the existing London Underground network, whilst over a half (55 percent) want a commitment from City Hall to start building Crossrail 2 and one third (31 percent) hope for greater investment in the capital’s road network. Unsurprisingly, uncertainty over the UK’s role in the EU is the most significant cause for concern (75 percent of firms), followed by retaining the best people for the job (49 percent) and a lack of appropriately skilled staff (44 percent).

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Working mothers paid third less as maternal gender pay gap widens

Working mothers paid third less as maternal gender pay gap widens 0

UK gender pay gapThe gender pay gap is still prevalent within the UK workforce and the gap only widens further when women have children, according to a report published today. Research by the Institute for Fiscal Studies (IFS) funded by the Joseph Rowntree Foundation found that on average, women in paid work receive about 18 percent less per hour than men, but this wage gap is smaller when comparing women before they become mothers. The gap widens consistently for 12 years after the first child is born, by which point women receive a third (33 percent) less pay per hour than men. The widening of the hourly wage gap after childbirth is associated with reduced hours of paid work, but this is not because women see an immediate cut in hourly pay when they reduce their hours. Rather, women who work half-time lose out on subsequent wage progression, meaning that the hourly wages of men (and of women in full-time work) pull further and further ahead.

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Flexible working babble + Tall buildings + Engaging workplace design 0

Insight_twitter_logo_2In this week’s Newsletter; Matias Rodsevich suggests three performance management must haves; Neil Barnfather flags up a lack of disabled representation at board level; and Dr Daniel Wheatley says work-life balance and flexible working continue to be viewed as a ‘women’s issue’. From the latest issue of Work&Place, Serena Borghero looks at the role of workplace design in employee engagement; Mark Eltringham argues there’s no evolution towards a universally accepted model of workplace design and management culture; and that when it comes to skyscrapers, big and clever are two different things. There’s evidence that London’s Central office market has hit its peak; the British public remains ‘clueless or indifferent’ about the nature of smart cities; and we reveal that graduates prefer digitised workplaces. You can download our Insight Briefing, produced in partnership with Connection, on the boundless office; visit our new events page, follow us on Twitter and join our LinkedIn Group to discuss these and other stories.

IFMA and RICS join forces to establish a “global FM community”

IFMA and RICS join forces to establish a “global FM community” 0

IFMA and RICS global agreementWhile the debate over the fate of FM bodies; from the role of the BIFM to the demise of its trade associations the Facilities Management Association, (FMA) and its successor the Building Futures Group (BFG), rolls on; the International Facility Management Association (IFMA) and the Royal Institution of Chartered Surveyors (RICS) have gone ahead and organized their own “landmark” collaboration agreement. This aims to leverage both organizations’ existing resources in education, research, conferences and events, and external relations. IFMA and RICS also vow to work together to align credentials and qualifications to shape a single FM career path with “demonstrable professional status which is recognized and respected globally”. Another shot across the bow of the BIFM is that RICS professionals who have qualified in FM will automatically receive IFMA member benefits. In turn, IFMA members and credential holders will be able to attain RICS professional qualification and benefit from RICS’ international standards and global professional network.

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