Search Results for: recession

Women and older workers drive record employment

Women and older workers drive record employment

ONS says women and older workers helped drive record employment ratesThe number of people in employment in the UK increased by 32,000 to a record high of 32.75 million in the three months to April 2019, according to the latest Labour Force Survey (LFS) from the Office of National Statistics (ONS). This was driven by women whose numbers increased by 60,000 on the quarter to a record high of 15.46 million.

More →

People who experience early redundancy have poor health in later life

People who experience early redundancy have poor health in later life

People who involuntarily lose their job early in their career have poorer health in later life, according to new findings from the University of Kent in the UK and the University of Bamberg in Germany. Researchers, including Dr Olena Nizalova from the Centre for Health Service Studies (CHSS) within the School of Social Policy, Sociology and Social Research (SSPSSR) at Kent, set out to establish what the long-term implications of enforced unemployment are on individuals over the course of their life, particularly in later life.

More →

The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

The problem with predictions, the cult of Facebook, WeWork woes and some other stuff

If it makes you feel better about Blue Monday (today – ‘officially’ the year’s glummest day), it also marks the closure of the Predictions Window in my view. If somebody still has an unpublished list of forecasts for the coming year on their specialist topic, they’ve missed their chance. At least with us they have. But not to worry, there’s a good chance they can trot most of them all out again next year and they’ll be just as relevant. Anything else can be quietly dropped.

More →

Government policy is making life increasingly difficult for freelancers

Government policy is making life increasingly difficult for freelancers

Freelancers expect government policy to drive their businesses and the economy into decline over the next year, a report from IPSE (the Association of Independent Professionals and the Self-Employed) claims. This quarter, amid widespread speculation about Budget announcements that would harm the self-employed, freelancers’ confidence in their annual business performance dropped nine points, sliding into negative territory. Their confidence in the wider economy – which was already in deep negative territory – fell another two points to near-record lows.

More →

Skills and new businesses drive decade of recovery for UK cities

Skills and new businesses drive decade of recovery for UK cities

Improving skills levels and new business formation have been the key long-term drivers of growth for UK cities since the financial crisis, according to the latest Demos-PwC Good Growth for Cities 2018 index that ranks cities on a combination of economic performance and quality of life. The latest Index analyses a decade of economic and social data to determine what long-term factors drive Good Growth. PwC analysis shows that the average city in our index has improved its good growth score significantly over 10 years from 2005-7 to 2015-17, and has now more than recovered from the recession and downturn triggered by the global financial crisis.

More →

The workplace world responds to the UK Autumn Budget

The workplace world responds to the UK Autumn Budget

Yesterday, the Chancellor Philip Hammond announced the details of the UK government’s latest budget. While Brexit and austerity inevitably cast their shadows over the whole thing, there were a number of announcements relevant to the workplace, construction, tech and built environment sectors, some of which have been broadly welcomed by commentators, industry bodies and experts. Some are decidedly less popular. Among the announcements in the budget were new plans for infrastructure and property, skills and training, tax regimes for the self-employed, productivity, business rates and mental health.

More →

A changing world with inbuilt human obsolescence defines first day of CoreNet Global

A changing world with inbuilt human obsolescence defines first day of CoreNet Global

The  forces that are changing the world, from AI and the current digital and technological transformation, to the short and long-term implications of Brexit, provided many of the key lessons during the first day of the CoreNet Global Summit in Madrid.

More →

Absenteeism at record low and it may be because people are worried about their jobs

Absenteeism at record low and it may be because people are worried about their jobs

A new report from the Office for National Statistics suggests that the number of sickness days taken by UK workers has almost halved over the past two decades to reach a record low. It dropped from an average of 7.2 days in 1993 to 4.1 days in 2017, and had been steadily falling since 1999. The total days lost for all workers last year was 131.2 million, down from 137.3 million in 2016 and 178.3 million in 1993. Since the recession, sickness absence rates have declined by 0.5 percentage points to 1.9 per cent last year. The reasons are not explored in the report but one possible explanation would be the growing number of people prepared to work when they should really take time off. A May report from the CIPD claims that the number of companies reporting a rise in employees going into work when they were ill had more than tripled since 2010 and warned that organisations should do more to discourage “presenteeism”.

More →

Nearly half of employees still assigned to same place as the traditional office clings on

Nearly half of employees still assigned to same place as the traditional office clings on

Nearly half of employees still assigned to one place as traditional office clings on

The worry over a loss in productivity when people are able to work anywhere is entirely unfounded, and what we once called “alternative”, we have come to call current and future workplace strategies, a new report claims. Yet the new study, ‘The Once Alternative Workplace Strategies’, which was conducted and released by Advanced Workplace Associates (AWA), Global Workplace Analytics and Haworth Inc, found that nearly half of employees are still permanently assigned to one space; with no change since 2008. The research pinpoints five leading trends within today’s workplaces and compares the findings to the initial research from more than a decade ago. More →

The UK needs a new approach to low pay, equality and flexible working

The UK needs a new approach to low pay, equality and flexible working

A new research paper from the Institute for Employment Studies (IES) claims to identify areas where employers and policymakers should act to reinvigorate their pay and rewards practices to improve employee engagement and productivity. According to the IES, with the likely intensification of current recruitment shortages, skills gaps and the fall in living standards as the UK leaves the European Union, the paper argues that both employers and policymakers should act on three key areas – low pay, gender pay and total rewards – to help halt the relative decline of the UK’s already below-par productivity performance.

More →

Global business leaders feel more optimistic about the world economy

Global business leaders feel more optimistic about the world economy

Attracting and retaining talent is the biggest concern for CEOs going into 2018, but they’re feeling generally more optimistic about the global economy, claims a new report by The Conference Board, the C-Suite Challenge 2018 . A mood amongst senior managers to create organisational cultures that are inclusive, engaged, high-performance, customer-focused, and resilient is prevalent throughout the responses to this year’s survey. The desire for a “culture of innovation” ranks as the number-one innovation strategy in every region (Asia is the one exception, where it is third), every industry, every size company, and among CEOs and C-Suite executives alike. The impact of the New Digital Economy is clearly being felt in the daily processes and practices of organisations, and through the emergence of new competitors from every part of the globe. In Europe’s the c-suite remains worried about the impact of – which is unchanged from last year when it was the 8th biggest concern.   More →

The complex relationship between productivity, technology and working anywhere

The complex relationship between productivity, technology and working anywhere

A new report produced by Lancaster University’s Work Foundation and commissioned by Citrix, highlights the complex and often strained relationship between productivity, technology, work and the idea of working anywhere. Despite the march of digital transformation, one in four (24 percent) UK managers questioned for this report believe their organisation is not technologically ‘forward thinking’. With Britain’s productivity slowdown the largest of the G7 economies since the recession, over three in five (63 percent) of knowledge workers polled believe they are no more productive today than they were three years ago, with 17 percent even claiming to be less industrious. The paper – Productivity, technology & working anywhere – shows an undeniably positive link between correctly-implemented technology and workplace productivity. However this progress can soon by marred by poor business planning, a lack of innovation, outdated IT and low uptake of flexible working cultures. The research is supported with survey responses from 1,000 knowledge workers and 500 managerial level employees within medium and large organisations across the UK.

More →