Search Results for: income

Levelling up agenda failing to address city imbalances

Levelling up agenda failing to address city imbalances

The UK’s smaller towns and cities are expected to show stronger economic growth than those that are larger and more metropolitan and there is an increased focus from the public on wellbeing, the environment and income distribution, according to PwC’s annual Good Growth for Cities report. Areas such as Bournemouth, Exeter and Plymouth, are expected to see the strongest gross value added (GVA) growth rates for 2021 and 2022, with cities in the North and Midlands continuing to lag behind despite the Government’s ‘levelling up’ agenda. More →

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit offers the greatest opportunity for a commercial property market beset by uncertainty

Retrofit an opportunity for commercial propertyIn the context of a second major economic shock from war in Ukraine and continuing inflationary concerns, the PWC / ULI report Emerging Trends in Real Estate Global Outlook 2022 focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonisation of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the ‘climate tech’ needed. More →

Four day week now more attractive thanks to pandemic

Four day week now more attractive thanks to pandemic

four day weekThe COVID-19 pandemic, lockdowns and shift to remote working has had a significant impact on organisations’ attitudes towards a shorter working week, new research from Henley Business School has revealed. The longitudinal study found that 65 percent of UK businesses surveyed are now implementing a four-day working week for some, or all, of their staff, compared with 50 percent who answered a similar survey carried out by Henley in 2019. More →

Wellbeing strategies often fail to align with business objectives

Wellbeing strategies often fail to align with business objectives

wellbeingEmployers feel far more responsibility for employee health and wellbeing than ever, yet formalised strategic action often remains unchanged, claims Aon’s UK Benefits and Trends Survey 2022. The report suggests there has been a significant increase over the last year in the number of employers that strongly agree they have a responsibility for the health and wellbeing of their employees, rising from 20 percent in 2021 to just over half of all respondents (51 percent) in 2022. Forty-four percent agree they have a responsibility, and just 5 percent disagree or have no view. More →

Working from home fuels concerns for energy consumption

Working from home fuels concerns for energy consumption

working from home and the environmentBack in February 2020, consulting firm WSP UK published some interesting research that revealed those working from home during the summer saved around 400kg of carbon emissions, the equivalent of 5 percent of a typical British commuter’s annual carbon footprint. The catch was that it was just a seasonal benefit. If an average employee worked at home all year round, they would produce 2.5 tonnes of carbon per year – around 80 percent more than an office worker. This is because, during the winter, most heating systems in Britain heat the whole house, which produces far more carbon emissions than would be produced from the commute.   More →

Flexible working models best for mental health of parents, research claims

Flexible working models best for mental health of parents, research claims

flexible working and mental healthEmployees who are able to split their working time between home and a formal workplace are 40 percent less likely to experience mental health difficulties, new research has shown. Wellbeing charity stem4 surveyed 1038 working parents and carers across the UK to mark Parent Mental Health Day (27th January). It suggests that four in ten overall (39 percent) were experiencing problems – most commonly stress (62 percent), depression (54 percent) and anxiety (50 percent). More →

Employers admit they would likely terminate an employee’s contract if they were homeless

Employers admit they would likely terminate an employee’s contract if they were homeless

homelessFour out of ten employers (42 percent) from across the UK have admitted they would likely seek to terminate an employees’ contract if they were homeless, despite nearly one in four households in England being at risk of or experiencing homelessness, claims a new report by Crisis. More →

Portfolio careers, side-gigs and flexible working are priorities for the UK’s next generation of workers

Portfolio careers, side-gigs and flexible working are priorities for the UK’s next generation of workers

workersA flexible work culture is a key consideration for the majority of young workers when choosing a job, with over half (53 percent) of 18-34-year-olds claiming that talented young people won’t join companies that are inflexible about the way their people choose to work. More →

Creating a supportive environment for vital deskless workers

Creating a supportive environment for vital deskless workers

deskless The Josh Bersin Company a research and advisory company focused on HR and workforce trends and issues, has released its latest report based on insights from its ongoing Big Reset executive working groups. The report, The Big Reset Playbook: Deskless Workers, focuses on the recommended practices needed to create optimal work experiences for “deskless” employees in retail, healthcare, manufacturing, hospitality, transportation, and other sectors. More →

Risk of generational progress grinding to a halt unless young job seekers can level up too

Risk of generational progress grinding to a halt unless young job seekers can level up too

youngA new report highlights a combination of regional disparities in access to jobs for young people, a shrinking youth labour market and an unequal recovery. This could result in young people being ill-equipped to meet the future demands of the labour market, further compounding skills shortages currently faced by employers. More →

Remote workers to enjoy increased tax relief, Irish government announces

Remote workers to enjoy increased tax relief, Irish government announces

remote workers

Remote workers in Ireland will now enjoy increased tax relief on the cost of heating, electricity and broadband, following the government’s latest budget announcement. Those working from home will see income tax deductions of 30 percent of the cost of certain expenses, which the Minister for Finance claims will help to offset some of the expected increases in energy costs. 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 →