Search Results for: workforce

Millennials now account for largest percentage of American workforce

Millennials now account for largest percentage of American workforce

Glued-to-the-deskThe publication this week of a survey by EY revealed the uncomfortable fact for US employers that 38 percent of millennials would consider moving to another country for better parental leave benefits. Now, another piece of research illustrates why US employers may need to work harder to keep their millennials (adults ages 18 to 34) happy. They now make up more than one-in-three of workers, surpassing Generation X to become the largest group in the US workforce, according to new Pew Research Center analysis of US Census Bureau data. This milestone was reached in the first quarter of 2015, as the millennial workforce hit over 53 million. With its large proportion of immigrants, and at an age of transition from college to working world, the millennial workforce is likely to grow even further.

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UK’s health and social systems failing to improve workforce wellbeing

UK’s health and social systems failing to improve workforce wellbeing 0

workforce wellbeingA new report published this week by The Work Foundation, Healthy, Working Economies sets out the challenges facing the next UK government to improve the health and wellbeing of the country’s workforce. The report calls on the government to review how it is using local organisations, such as Health and Wellbeing Boards and Local Enterprise Partnerships to encourage improvements in workforce wellbeing and health. The Work Foundation recommends that a standardised set of measures be included in the Joint Strategic Needs Assessments performed by Health and Wellbeing Boards, including measures of employment outcomes for individuals with health issues. The report also suggests that employer leadership is needed to drive the step-change needed to improve the health of the workforce.

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Flexible workforce ignoring data risks of BYOD and mobiles 0

BYODThe use of BYOD (Bring Your Own Device) practices by an increasingly flexible workforce is posing huge risks to the data security of employers. Six out of ten employees routinely share their work and personal devices with others, nearly a fifth of employees don’t have passwords on devices, and 22 percent admit they don’t have security measures in place. The “Securing #GenMobile: Is Your Business Running the Risk” security threat study, questioned over 11,500 workers across 23 countries and found that attitudes have moved towards more sharing of devices and an indifferent view to security in the workplace. This high risk attitude to data security, which is more prevalent amongst younger workers is being overlooked by employers with over a third saying they have no mobile security policy in place.

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Female empowerment within UK workforce on rise but too few in full time jobs

Women in work indexA strengthening economy has helped the UK to rise up to 14th position out of 27 OECD countries in PwC’s annual Women in Work Index, but it still lags well behind many other countries in overall female economic empowerment. The Nordic countries continue to lead the Index, with Norway maintaining pole position, followed by Denmark and Sweden. These three countries have consistently occupied the top three positions in the Index since 2000 and the reason is that they all have a much fairer balance between genders on managing work and family life. By comparison, although the UK is in the top 10 performing OECD countries on female participation in the labour force, this is negatively impacted due to the low proportion of women in full-time employment; suggesting that flexible working  is having a negative impact on many women’s career prospects.

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Employers embrace mobile workforces but retain traditional workspaces

Employers are embracing mobile workforces yet retaining traditional workspacesNearly three quarters of employers that offer staff the opportunity to work flexibly are failing to reorganise their workplaces to reflect the new ways of working. Research commissioned by US based AV company Barco, found that while 86 percent of organisations indicated a remote working approach was being used within their business; rather than using this policy to reduce desk space, 73 percent of organisations admitted they still had allocated desks. This is despite the fact that the top three drivers for unifying communications are to increase productivity (51%), reduce costs (44%), and increase collaboration (27%). And though the BYOD trend is continuing, with half (50%) saying personal laptops and personal tablets (45.2 %) are being used in the workplace; 82 percent of those surveyed said that laptops are still company issued.

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Aging workforce driving uptake of flexible working in UK firms

older UK workforce flexible workingA growing number of employers see flexible working arrangements as an important tool for meeting the needs of their aging workforce, according to a new report from insurance industry trade association Group Risk Development (GRiD). The report highlights how changing attitudes, demographics, longer life expectancy and the abolition of the UK’s Default Retirement Age three years ago have encouraged employers to look at how to foster the wellbeing and meet the needs of older employees. Over a quarter (27 percent) of the 500 UK businesses who took part in the study had introduced flexible working specifically to meet the needs of their ageing workforce and many (22 percent) of employers said dealing with an ageing workforce was among their top three wellbeing issues.

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Four year surge in the numbers of over-50s and over-65s in UK workforce

older UK workforceWe keep saying it but forget all the talk about Gen Y, the UK workforce is actually aging and becoming more diverse. New research from Saga shows that the number of employees over the age of 65 has increased by over a third over the last four years and the numbers of those between 50 and 64 has also increased – by nearly a tenth. The proportion of over 65s within the workforce is up from 3.4 percent to 3.6 percent over the same period but there have also been increases in employment in younger age groups meaning the workforce is more diverse. There are now 1.09 million over 65s still in work and around 8 million in the 50-64 age group. The Saga Monthly Employment report, published in partnership with the Centre for Economics and Business Research, also found that older age groups are now just as economically active as younger demographics

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Employers welcome an age-diverse workforce, but need to be prepared

Age diversityA recent report by the UKCES that predicted that the workplace of the future will see four generations of employees working side by side is being welcomed, rather than feared by employers, but they need to begin planning for the future now, or risk a skills shortage and being at a competitive disadvantage. The revelation that by 2030 four-generation or “4G” workplaces – will become increasingly common as people delay retiring, even into their 80s, prompted UKCES Commissioner Toby Peyton-Jones to ask whether this emerging multi-generational workplace would spell stress and culture clashes or create positive tension leading to innovation. Now a new study, Managing an age-diverse workforce, from the CIPD, shows that employers and employees see clear benefits from an increasingly age diverse workforce but need to do more to take full advantage. More →

International Women’s Day: odds still stacked against women in the workforce

Odds stacked against women in workforceThe 110th International Woman’s Day took place this weekend, and, aside from highlighting the continuing struggles of women across the world, comes research that reveals how in this country, the odds are still stacked against women at work. More than four in 10 (42%) women aged between 18-34 said they have personally faced a gender barrier, followed by 34 per cent of those aged between 35-54 and 26 per cent of women aged 55 and over. Of those women who have experienced inequality at work, over a third (35%) say they believe male colleagues at the same level earn more than they do.  Thirty one per cent indicate they are assigned work that is below their level and are therefore unable to demonstrate their abilities, while almost one in five (19%) say that junior colleagues don’t take instructions from them, but will do from male colleagues of equal seniority. More →

Workforce to grow across the regions next year, bolstered by flexible working

Workforce to grow throughout the country in 2014The management issues which dominated 2013 centred on the rise of flexible working; if pay scales would remain below inflation; and whether jobs recovery would continue and if so, could expand beyond the fringes of London. As today’s ONS figures show unemployment at the lowest rate since 2009, the latest CBI/Accenture Employment Trends Survey reveals that more than half of UK companies expect to create jobs over the next 12 months for the first time in over five years. It says private sector workforces are anticipated to grow across all regions, Yorkshire and Humberside and the east midlands being the most buoyant. Bosses will continue to take a cautious approach to pay however, with flexible contracts used to bolster economic growth and job creation. More →

More than half of UK’s increasingly disengaged workforce looking to switch jobs

Jumping-shipStaff disengagement is already costing the UK economy dear, and is also one of the reasons why nearly half of all UK employees are currently looking to leave their current jobs over the next year, a contrast of two new surveys reveals. The first report, from private healthcare provider BUPA, found that disengaged and unhealthy staff  cost the UK economy around £6 billion each year. The second report from Investors in People (IIP) – a Government created business improvement agency – claims that just under half of all British employees (47 percent) are considering whether to move jobs during 2014. This represents some 14 million individuals so if you lend both reports credence, employers may have serious issues retaining their best employees as the jobs market picks up.

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Quarter of the UK workforce report they’re suffering long-term ill health

Quarter of the UK workforce report they're suffering long-term ill health

Administrative and support activities, which includes facilities management, is one of five UK industries where employees have reported the highest levels of long-term ill health. However across all the sectors a staggering eight million people, or a quarter of the UK’s workforce (27%) say they suffer from a health problem that’s lasted more than a year. According to the new Health at Work Index from the British Heart Foundation (BHF) one in ten workers (12%) – approximately 3.5 million people – said their ability to do their job is limited by poor health. This includes over half of diabetes sufferers (58%) and the same proportion of people suffering from depression, mental illness or panic attacks (58%). More →