Search Results for: recession

Workplace leaders must adapt to a new technological reality

Workplace leaders must adapt to a new technological reality

workplaceI speak with senior workplace leaders daily and those conversations, coupled with our research and that of other people, offer us a striking perspective on the trends and changing nature of the workplace and in particular the impact of technology. Some themes are cropping up time and time again in these conversations and research and point to a new technology-led reality that we must all address. More →

The tipped out, left out and fallout from a failing workplace culture

The tipped out, left out and fallout from a failing workplace culture

The big workplace news story of the past week or so appears to be one about a toilet seat. Sometimes it’s in the small things we can discern a greater truth. To see a world in a grain of sand, as William Blake wrote. The seat of this much discussed loo is tilted forward by 13 degrees so that after about five minutes it becomes very uncomfortable because people tire of using their legs to stop themselves sliding off. The reason is clearly to stop them ‘wasting time’ on the toilet. More →

Two-thirds of major world cities set for weaker growth as global slowdown bites

Two-thirds of major world cities set for weaker growth as global slowdown bites

Amsterdam is one of the citiesA new report from Oxford Economics (registration) predicts that the present slowdown in the global economy will persist into next year and it is already having a significant impact on growth in the world’s major cities and their prospects. Of the top 900 cities around the world, the report predicts that just under two-thirds, some 586, will experience slower growth in the period 2020-21 than they enjoyed during  the past five years – in some cases, very markedly slower, with growth rates of some key cities halved or more. More →

Young people mistakenly associate self-employment with more pay and leisure time

Young people mistakenly associate self-employment with more pay and leisure time

self-employmentStudents and school-leavers see self-employment as a route to a higher income, better work-life balance and more family time and so one in five 16 to 21 year olds think they will self-employed at some point, a new analysis from the Office for National Statistics shows. However, other studies from the UK government paint a different picture with people in self-employment generally earning less and working longer hours than their employed contemporaries, but often happy to forgo the certainties of paid work for greater flexibility and control. More →

Young people struggle to find secure and meaningful work

Young people struggle to find secure and meaningful work

young people struggle to find meaningful workThe Institute for Employment Studies (IES) has published new research exploring young people’s experiences of work and the implications for their future health. Many of the issues raised are common across all age groups, but the report argues that they can be especially pronounced and harmful for younger people as they set about finding meaningful work that is also secure and well paid.

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Flexible office space transforming US commercial property sector

Flexible office space transforming US commercial property sector

An image from the CBRE report on flexible office spaceA new report from CBRE claims that the US market for flexible office space will generate significant growth over the next decade, even in the event of a recession, as flex operators consolidate and forge financial partnerships with building owners. More →

Mixed messages in labour market, but signs of trouble ahead

Mixed messages in labour market, but signs of trouble ahead

Work-life balanceThere are mixed signals in today’s jobs figures for the UK. Optimists will point to continued record employment, a slight fall in unemployment and earnings growth higher than at any point since the recession – despite everything, the labour market is still going strong. For pessimists though, there are strong signs of things slowing down: vacancies have fallen to their lowest since 2017, the growth in employment is virtually flat, and the number of young people not in employment or education is rising again. So what is really going on? More →

Firms need to place more value on older workers

Firms need to place more value on older workers

Older workers are now a key part of the workforceAs we live longer lives, it’s inevitable that more of us want to work for longer. It makes good business sense too: with fewer younger people starting work to replace those set to retire in future years, coupled with uncertainty over Brexit and labour shortages, employers can’t afford to lose older workers.

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Changing nature of work revealed in official data

Changing nature of work revealed in official data

The changing nature of workMany aspects of the changing nature of work in the UK are highlighted in a new official report into the number of hours worked in the country. The UK’s ongoing productivity challenges, highlighted by another ONS report last month, are well known, but the new data suggests that a number of common suppositions about the way we work should be challenged, especially those related to demographics, the types of work people do and who does it. More →

Rise in employment led by self-employed and older workers

Rise in employment led by self-employed and older workers

employment figuresAs with the last few months, the latest UK employment figures look like a sea of tranquillity. The number of people in work is up ever so slightly (setting another record), unemployment down slightly again (ditto) and earnings continuing to grow. After a couple of months where there were hints that the labour market might be cooling down, today’s figures suggest that it is heating up once more. However beneath the surface, the numbers highlight some big changes in employment trends – with two things in particular standing out. More →

Vast majority of workers want more flexible hours

Vast majority of workers want more flexible hours

The overwhelming majority (84 percent of workers) would like their organisations to offer more flexible hours of work, whether that’s time to suit personal needs, or the occasional early finish, according to a new report from Totaljobs. While employees have the legal right to request flexible working from their employer regardless of their existing contract, some companies have already built greater flexibility into their employer offering. Some go one step further with “agile working”, whereby employees can work from any location, at any time, by utilising appropriate technology. More →

Fifth of people do not last a year in self-employment

Fifth of people do not last a year in self-employment

Maria Spelterini crosses Niagara on a tightrope to illustrate the precariousness of self-employmentOne-fifth of sole traders in self-employment don’t survive one year, and the majority don’t survive five, according to a new study from the Institute for Fiscal Studies (IFS).  The analysis of HMRC tax records by researchers at the IFS was funded by the Office for National Statistics through the Economic Statistics Centre of Excellence (ESCoE) and the Economic and Social Research Council. More →