October 28, 2020
Search Results for: cost of living
With 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 
August 17, 2020
Pay equality and benefits key considerations for future of flexible working
Around 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…)
April 7, 2020
Manchester set to be the next UK tech hub
Manchester could be set to see an influx of tech talent in the next three years, according to new research from CWJobs, the UK’s leading tech job board. Surveying 1,000 tech workers, Manchester emerged as the top choice outside of the capital (22 percent) to work in, with a fifth (20 percent) also revealing it’s the city they would choose to set up a tech business in the next three years, ahead of Birmingham (11 percent) and Edinburgh (8 percent). In the same survey, 505 IT decision makers (IT DM) also placed Manchester as the best location to set up a tech business, with over a quarter (27 percent) choosing the city. (more…)
March 18, 2020
One million young workers set to leave London before turning 33
The number of young workers leaving London is on the rise, with net migration away from the capital growing, claims new research from Totaljobs and Professor of Economics at Lancaster University, Geraint Johnes. The new research, taken from analysis of ONS data as well as the views of 2,000 Londoners, suggests that since 2014, more than one million professionals have left London, with just 900,000 coming in. This is a net loss of 88 workers every day, with the biggest shortfall down to workers aged 25-34, the majority (54 percent) of them having given up hope of ever owning property in the capital. There has been a 49 percent increase in outbound migration of those in their 30s over the last five years. (more…)
March 10, 2020
Majority of Brits struggle to make ends meet
According to the latest survey from CV-Library, the majority of Brits admit that they struggle to make ends meet, but over half are still too scared to ask their employer for a pay rise. The study, which surveyed 2,000 British professionals, claims that 18-24 year-olds are the most likely to struggle financially; with 67.7 percent of respondents in this age group finding it hard to make ends meet. This is closely followed by 66.7 percent of 35-44 year-olds and 60.9 percent of 25-35 year-olds.
What’s more, the survey also suggests that 61.3 percent of Brits feel confident about securing a higher paid role elsewhere. Men were most confident about this (64.4 percent of men vs 57 percent of women), as were 25-34 year olds (65.5 percent) and 18-24 year olds (63.8 percent).
March 3, 2020
What is the evidence for the benefits of basic income?
The idea of giving everybody something called basic income – an unconditional, regular income – has become increasingly popular in the last few years, partly because employment has become less secure and people fear that increasing automation may cause job losses across many sectors. (more…)
January 6, 2020
Executive pay at major firms will today exceed entire 2020 pay for average worker
The average FTSE 100 boss will have already earned as much by 5pm today as a typical employee will take home this entire year. According to the analysis from the CIPD and the High Pay Centre, those leading Britain’s biggest companies earn 117 times more than the average worker. The CIPD and High Pay Centre are calling on businesses not to treat the new reporting requirements on executive pay as a ‘tick-box’ exercise and to use it as an opportunity to fully explain CEO pay levels. They also highlight the need for firms to provide a clear rationale for why CEOs are paid what they are and what is being done to address the issue of fair pay in their organisation more broadly. They consider this an important step to help build trust in business amongst employees, wider stakeholders and society. (more…)
November 21, 2019
A side hustle the only way for many young people to make ends meet
Britain’s graduate debt crisis means that nearly half of current students and recent graduates (42 percent) have taken up a so-called side hustle or joined the gig economy, in order to combat debt, afford rent and the rising cost of living. One in five (22 percent) also cited having two additional jobs, with the next generation of workers concerned about the overwhelming cost of living. (more…)
April 12, 2019
Manchester is the number one tech location outside of London
The UK’s regional cities are competing harder than ever with London to become the location of choice for the tech sector. According to CBRE’s report ‘Tech Cities: Exploring tech hotspots in the UK regions’ Manchester ranks number one amongst the top 10 UK tech location outside of London, but Scotland features highly with Glasgow and Edinburgh in second and third position respectively. Birmingham has risen three places, from seventh to fourth position but smaller conurbations such as such as Reading, Oxford, Cambridge, Southampton, Brighton and Bracknell also feature, based on their concentrations of tech employment, tech businesses and high education levels. More cities are competing for the very top spots in the ranking
February 27, 2019
Larger organisations will become main adopters of flexible workspace this year
Corporations are this year set to become the driving force within the flexible workspace industry as the way they view their office portfolios continues to change, according to research by Instant Offices. The flexible workspace sector has ridden the crest of a wave for the past five years with global demand increasing by 50 percent and more market supply of flex space than ever before. Instant now estimates the global market to incorporate 32,000+ centres, which represents 521 m sq. ft. This is an increase of 15 percent year on year since 2013.
March 8, 2019
On International Woman’s Day – why advancing women is still not a business priority
by Sara Bean • Comment, Legal news, News, Workplace
It has probably not escaped your notice that today is International Woman’s Day, which for Workplace Insight means a plethora of studies on the topic of women/jobs/salaries and ways women might work differently to men. We’ve decided not to waste anyone’s time and ignored most of them (particularly the patronizing ones on how ladies are so intuitive) but managed to find a few kernels of information. First, the good news that women have doubled their share of top jobs at technology companies, pulling in higher salaries than men last year, according to executive search firm Odgers Berndtson. (more…)