Search Results for: income

Is the growing number of working mums a cause for celebration or concern?

Is the growing number of working mums a cause for celebration or concern?

working mumsWorking mothers are a resilient group, accustomed to juggling work responsibilities and family time with aplomb. Such was the conclusion in a report from McKinsey last year. But the day-to-day challenges they face can severely test that resilience. The proportion of working mums in the UK has just matched the highest ever recorded figure. In the three months to June, 75 per cent of women with dependent children were in employment, according to the Office for National Statistics. By comparison, 93 per cent of fathers were in employment during the same period. More →

Working families are only three weeks from breadline, claims report

Working families are only three weeks from breadline, claims report

working familiesThe latest Deadline to Breadline report from Legal & General claims that the financial resilience of working families in the UK has shrunk by a fifth since 2020, down from from 24 days to 19 days. According to the report, people overestimate by nearly six weeks how long they could fund basic living costs such as housing costs, loans/ credit card repayments, utility bills and food if they lost their income.  Households have average savings of £2,431 and debts of £610. Accounting for average daily expenses of £93, this would see the average household run out of money in less than three weeks if they were to lose their income. More →

We can re-imagine the future of human resources

We can re-imagine the future of human resources

human resourcesThe world of work is changing rapidly. Businesses are having to make fundamental shifts to adjust to the emergence of new business models, technologies and the changing expectations of the workforce. This has left human resources teams all over the world needing to efficiently adapt the way they hire, develop and take care of their staff, with the most significant challenge being managing the needs of the current workforce, and addressing their future demands. More →

Three quarters of young people worldwide lack skills needed for employment

Three quarters of young people worldwide lack skills needed for employment

skillsNearly three quarters of young people aged 15 to 24 in 92 countries with available data are off-track to acquire the skills needed for employment, according to a new report published today by the Education Commission and UNICEF to coincide with World Youth Skills Day. Recovering learning: Are children and youth on track in skills development? features analyses on development in early childhood, and among children of primary school age and youth. The data highlight low levels of skill among children and young people across all age groups, with young people in low-income countries the least likely to have those required to thrive, particularly in future employment opportunities, decent work, and entrepreneurship. More →

Hard up workers look to second jobs, side hustles and help from current employers

Hard up workers look to second jobs, side hustles and help from current employers

hard up workers and second jobsNine in ten UK employees have, or would be interested in a second job, as the COVID-19 pandemic and cost of living crisis sees hard up workers keen to increase incomes and turn hobbies into enterprises according to a poll in Benenden Health’s ‘Workforce of the Future’ report. It claims that almost one in three employees in the UK currently have a second occupation (29 percent), with half of these taking up their additional role during the pandemic. Meanwhile, another survey, from Culture Amp claims that six out of ten employees in the UK believe that their employers should help with the rising cost of living. More →

UK is third most attractive place to work in Europe

UK is third most attractive place to work in Europe

most attractive place to workThe UK is the third most attractive place to work in Europe and experienced a stronger “brain-gain” than other major economies, according to a report from job site Indeed. It analysed nearly one billion data points including more than 800 million cross-border job searches and over 100 million job postings and found that cross-border searches by European jobseekers are up 13 percent from their pandemic low of -32 percent.   At the same time, Europe has become increasingly popular to jobseekers outside of the continent: inbound searches from jobseekers based outside Europe are a staggering 38 percent above the 2017-19 average, up from the pandemic low of -31 percent. More →

One in five people have started a ‘side hustle’ in the last two years

One in five people have started a ‘side hustle’ in the last two years

side hustleOne in five (19 percent) adults in the UK have started a ‘side hustle’ since March 2020 and, almost one in six  (16 percent) claim to earn upwards of £1,000 a month from their new venture, according to new research from Aviva. Just under two thirds (63 percent) of those who started a side hustle since March 2020, the equivalent of 6.49 million people, are still active in them today. 37 percent have returned to their day jobs being their main source of income now that lockdowns are over and normality has ensued. More →

Employers must do more to encourage active travel and cycling to work, says charity

Employers must do more to encourage active travel and cycling to work, says charity

cycling to workNew research carried out by YouGov on behalf of Cycling UK claims that 43 percent of young people (18-24-year-olds) are considering changing their method of travel to include more public transport and cycling to work due to expected increases in transport costs. The findings are published as the reduction in disposable income forces households to tighten budgets and workers are forking out a greater proportion of their income simply to get to work. More →

Future Shock: a message from the past that defines the present

Future Shock: a message from the past that defines the present 1

We are all futurologists now. We all have our 2020 visions, at least for a little while. But there was a time, not so long ago, when the title was reserved for a few people who would be able to shake and shape the world with a single idea and a book. Yes, a book. Nowadays a book has to go hand in hand with a Ted Talk, blogs on the Huff Post and a speaking tour to get you anywhere at all. But within living memory it was possible to shift the thinking of the planet with a book. More →

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 →

Issue 10 of IN Magazine is now online

Issue 10 of IN Magazine is now online

IN Magazine issue 11IN10 is now available to view online here. Print issues will be sent out next week. In this issue of IN Magazine, amongst other things: we cast an eye over three of the most talked about issues in the post pandemic era of work – the four day week, universal basic income and the metaverse; we visit the new offices of BT in Birmingham and see how the design has evolved over the two years since they were first announced; we meet Simone Fenton-Jarvis to discuss her new book and views on where we are; we explore the power of weak ties at work; ask why colour psychology seems to work, but not in the ways most commonly touted; ponder the effects of prolonged periods of isolation; wonder what we’ve done to our dogs; and look at the changing face of workplace art. All back issues of IN Magazine are available here.

Firms must do more to earn the commute of hybrid workers

Firms must do more to earn the commute of hybrid workers

hybrid work office designSteelcase has released a new global research report which reveals that outdated offices are no longer conducive to employees’ shifting needs for greater control, comfort, and privacy. The study found that if a workplace was made more in tune with shifting expectations, staff were more engaged, productive, connected to their organisation’s culture and less likely to leave.  The Steelcase report, The New Era of Hybrid Work, surveyed nearly 5,000 workers in 11 countries. The findings reveal that whilst 87 percent of respondents now spend at least some of their time working from the office as the threat of the pandemic recedes, six in ten (58 percent) prefer working from home. One of the most appealing attributes of a home for two-thirds (65 percent) of UK employees is that they have a dedicated space for work. Whereas in the office, the majority (59 percent) have desks in open areas, with minimal privacy. More →