Search Results for: cost of living

Why the over 50s are leaving the workforce in huge numbers

Why the over 50s are leaving the workforce in huge numbers

over 50s leaving workThe UK economy has a problem with its over 50s: following the COVID pandemic, they have been leaving the labour force en masse, causing headaches for businesses and the government. Roughly 300,000 more workers aged between 50 and 65 are now “economically inactive” than before the pandemic, leading a tabloid paper to dub the problem the “silver exodus”. Being economically inactive means that these older workers are neither employed nor looking for a job. Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. More →

Structural and cultural change are what we need to escape the wellbeing rut

Structural and cultural change are what we need to escape the wellbeing rut

wellbeing at workWellbeing has been one of the largest challenges to the UK workforce over the last several years. A recent study by the Mental Health Foundation and the London School of Economics and Political Science (LSE), states that mental health problems cost the UK economy at least £117.9 billion every year – around 5 percent of the UK’s GDP. Companies recognise the urgency to help: British employers planned to increase spending on employee mental health and wellbeing by 18 percent from 2021 to 2022. But the long and short of the issue is that this progress is being outpaced by accelerating burnout rates among workers. More →

The Great Resignation and what is really happening

The Great Resignation and what is really happening

Great ResignationThe ‘Great Resignation’ is a buzzphrase that first appeared in May 2021, and has struck fear into the hearts of employers ever since. Coined in the US, the term refers to the unprecedented rise in the number of workers resigning from their jobs following the pandemic. There has since been a huge amount of research trying to work out why this has happened. Are workers quitting work entirely, as the pandemic makes us re-evaluate our priorities? Or are they quitting to pursue their dreams in a different career? More →

Flexible working takes a back seat to salary as inflation bites

Flexible working takes a back seat to salary as inflation bites

flexible working and salarySalary is now the most important factor (40 percent) for those looking to make a move as cost-of-living crisis squeezes budgets, claims a new survey from Michael Page. In a week in which UK wage growth was shown to still lag behind the cost of living, the poll suggests that salary is now the number one priority for workers, with flexible working seen as less important. The survey of 2,000 UK office workers claims that over a quarter (28 percent) are currently on the hunt for a new job, rising to 43 percent among those aged 18-34. This points to hopeful times ahead for businesses seeking talent, with recent ONS figures showing that open job vacancies hit a record 1.3m between November and January. More →

An emerging crisis of trust at work fuelled by remote work

An emerging crisis of trust at work fuelled by remote work

trustQatalog has published a survey of 2,000 knowledge workers which uncovers a crisis of trust within the modern workplace, fuelled by a chronic lack of visibility within companies. The study claims that remote work is feeding a chronic visibility problem within the modern workplace. When working remotely, two-thirds (66 percent) of respondents reported that they lack visibility of what colleagues are working on and how it fits into the bigger picture. More →

London ranks 78th in the top destinations to work remotely

London ranks 78th in the top destinations to work remotely

destinationsRemote, has released a first-of-its-kind Best Destinations for Remote Work report that showcases the top 100 global destinations for remote workers, along with unique insights into location-specific incentives. The report is paired with an interactive tool and database with information on hundreds of cities across the world for users to create personalised rankings on where to work remotely based on their individual preferences. More →

Helsinki, Oslo and Zurich are cities with the best work-life balance

Helsinki, Oslo and Zurich are cities with the best work-life balance

work-lifeMobile access company Kisi has released their annual study examining which cities around the world promote the most holistic work-life balance. With the goal of enhancing an individual’s personal and professional life through technological innovation, Kisi has endeavored to find out which coveted metropolises worldwide are meeting their residents’ lifestyle demands to make their city a more attractive place overall to work and live. More →

Employer hiring optimism leaps to eight year high, claims research

Employer hiring optimism leaps to eight year high, claims research

hiringUK employers are the most optimistic about hiring in eight years, according to the latest CIPD/Adecco Labour Market Outlook report. The survey claims that all sectors are experiencing a jobs recovery, alongside an improvement in pay prospects. More →

More than half of international tech professionals looking beyond London

More than half of international tech professionals looking beyond London

professionalsA recent survey by Frank Recruitment Group, claims that more than half of tech professionals thinking about moving to the UK would consider choosing a city outside of London. Conducted by Frank Recruitment Group’s Salesforce recruitment arm, Mason Frank International, the survey asked over 1,800 IT professionals from around the world for their opinions on the tech jobs market, salaries, and benefits. More →

Remote working is changing the attitudes of people towards their jobs

Remote working is changing the attitudes of people towards their jobs

remoteOwl Labs has released their fourth annual State of Remote Work report. This year’s report offers new insights aimed at helping management and leadership teams better understand their employees’ expectations about remote work in a post-Covid-19 world. More →

Half of Brits would resign if forced to return to the office during the pandemic

Half of Brits would resign if forced to return to the office during the pandemic

pandemicWith current government advice encouraging all those who can work from home to do so, it’s no surprise that Britain’s businesses and employees are navigating a new normal. New research from Owl Labs, sheds light on Britain’s attitudes to work during, and after, a Global Pandemic. 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 →