Search Results for: labour market

‘Great Resignation’ means companies must adapt to needs of workers

‘Great Resignation’ means companies must adapt to needs of workers

Great resignationWorkers are leaving jobs like never before, and it’s causing a shortage of talent that has companies around the globe reeling, according to a survey conducted by Citrix Systems. Based on a poll of 1,000 US based knowledge workers, 40 percent have left at least one job in the past year or are considering doing so. The report from the firm sets out the factors behind the so-called Great Resignation and what firms may have to do in response. More →

Proportion of over 50s in work set to hit record high

Proportion of over 50s in work set to hit record high

The proportion of people over 50 in employment is set to hit 47 percent by 2030, following a 36 percent increase in the absolute number the last two decades, according to a new report from Legal & General Retail Retirement (LGRR) and the Centre for Economics and Business Research (Cebr). More →

Working from home could help older workers stay in work longer

Working from home could help older workers stay in work longer

working from home setupOlder workers might choose to delay their retirement if offered the option of continuing to do their jobs working from home after the pandemic, according to new research from the UK’s Office for National Statistics. The ONS study found those in their 50s and 60s who worked from home during the coronavirus crisis said they were planning to retire later than those who were still travelling to their workplace. More →

Almost half of young people feel the pandemic has harmed their long-term career prospects

Almost half of young people feel the pandemic has harmed their long-term career prospects

young peopleWith A level results day marking a new cohort of young people entering the toughest labour market for a generation, the CIPD launches its One Million Chances campaign. More →

Plans for a new single status for workers don’t cover everyone, says lobby group

Plans for a new single status for workers don’t cover everyone, says lobby group

IPSE (the Association of Independent Professionals and the Self-Employed) has responded to the UK Labour Party’s proposal for a single worker status saying that although it is welcome the party is attempting to clear the confusion around worker rights, the party’s proposals fail to grasp the nettle of employment status. The comment comes after Labour announced it would create a single worker status to “replace the three existing employment categories” of employee, worker and dependent contractor. Labour said the category would encompass “all but the genuinely self-employed”. More →

Women’s working hours fall a third less than men’s

Women’s working hours fall a third less than men’s

working hoursWomen’s average working hours have taken a far smaller hit during the pandemic than men’s, with women who do not have children now working longer hours than ever before – in marked contrast to predictions of a ‘shecession’ at the start of the pandemic, according to new research by the Resolution Foundation. More →

UK job quality continues to fall short

UK job quality continues to fall short

job qualityJob quality in the UK has been surprisingly unaffected by the Covid pandemic so far but continues to fall short on a number of key measures, according to the CIPD’s annual Good Work Index. 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 →

Graduates concerned about the pandemic’s negative career impact

Graduates concerned about the pandemic’s negative career impact

graduates

New research from graduate careers website Milkround claims almost two-thirds (62 percent) of graduates are concerned that the pandemic will negatively impact their future career development prospects, a sentiment which is shared by 55 percent of HR decision makers. More →

Serfs up for the self-employed and gig economy workers (and the middle class)

Serfs up for the self-employed and gig economy workers (and the middle class)

One of the most significant consequences of the 2008 economic crash was a remarkable shift in the nature of employmentThe recession led to a surge in the number of people categorised as self-employed. The numbers have been increasing ever since, albeit at a lower rate. By the end of 2019, the number of self-employed people in the UK exceeded five million people for the first time. Fifteen percent of the workforce.  More →

Progress for women in work back at 2017 levels due to COVID-19

Progress for women in work back at 2017 levels due to COVID-19

progressProgress for women in work could be back at 2017 levels by the end of this year as a result of the COVID-19 pandemic, according to analysis conducted for PwC’s annual Women in Work Index, which measures female economic empowerment across 33 OECD countries. More →

Employment intentions at their strongest in a year

Employment intentions at their strongest in a year

employmentUK employers are reporting their strongest employment intentions in a year, the latest CIPD/Adecco Labour Market Outlook claims. The survey’s net employment intentions figure, which measures the difference between the proportion of employers expecting to add jobs and those planning to cut positions, rose to +11 this quarter – its highest in a year. This compares to -1 in the previous quarter. More →