According to The Open University’s Business Barometer 2022 report, published in partnership with the British Chambers of Commerce, UK organisations are experiencing the knock-on effect of ongoing skills shortages, as more than three quarters (78 percent) report seeing reduced output, profitability or growth. The Open University’s annual report which sets out to provide an overview of UK skills , also highlighted the effect the skills shortage seems to be having on morale and wellbeing, as almost three-quarters (72 percent) of organisations say the impact increases workload on other staff. More →

New analysis of FTSE 100 annual reports finds that while workforce reporting has improved in the past two years, the quantity and quality of disclosures still varies significantly and remains very poor in places. The new report, How do companies report on their ‘most important asset?, from the CIPD, the PLSA and Railpen, analysed the quality of workforce disclosures in the 2021 annual reports of FTSE 100 companies against seven key themes: Workforce cost and composition; employee relations and wellbeing; reward; voice; skills, capabilities and recruitment; and response to COVID-19. More →