Search Results for: economy

Social mobility is restricted by lack of confidence and support in careers

Social mobility is restricted by lack of confidence and support in careers

social mobilityA new report from Totaljobs and the Social Mobility Foundation claims that the social mobility of millions of people from lower socioeconomic backgrounds is hampered by a lack of confidence in choice of career and lower levels of support from families and friends. Of those that started their first job in the last two years, only 50 percent from lower socioeconomic backgrounds said they were confident about eventually being able to do the job they want. This contrasts with the 71 percent of those from more privileged, professional backgrounds. This gap has widened since the pandemic. (more…)

More firms sign up to WorldGBC’s Net Zero Carbon Buildings Commitment

More firms sign up to WorldGBC’s Net Zero Carbon Buildings Commitment

Net Zero Carbon Buildings CommitmentWorldGBC has announced 44 businesses who have signed up to the market-leading whole life carbon requirements of the Net Zero Carbon Buildings Commitment (the Commitment), pledging to take increased action to decarbonise the built environment across their portfolios and business activities, representing annual turnover of $85 billion. (more…)

Three in four IT departments face critical skills gaps

Three in four IT departments face critical skills gaps

ITSkillsoft (NYSE: SKIL), has released its annual Global Knowledge IT Skills and Salary Report, exploring the current state of skills gaps, training and development, compensation, and job satisfaction in the IT industry. (more…)

Hybrid working could save the NHS more than £4 billion per year

Hybrid working could save the NHS more than £4 billion per year

hybrid workingHybrid working could save the NHS more than £4 billion per year by giving workers more time to look after themselves and their families, according to a new study by Virgin Media O2 Business and the Centre for Economics and Business Research (Cebr). (more…)

Recruitment drive sees majority of firms embed flexible working policies

Recruitment drive sees majority of firms embed flexible working policies

policiesNew research by Totum Partners, claims that the majority of firms now have hybrid working policies in place, as worker preferences and economy-wide recruitment pressures drive increased demand for flexible working. This includes 50 percent of firms which have implemented a company-wide policy, while the remaining 50 percent have published guidelines that can be interpreted by location or individual team. (more…)

Companies focusing on holistic organisational health outperform their peers

Companies focusing on holistic organisational health outperform their peers

healthThe Josh Bersin Company have released a global study on the factors involved in creating a holistically “healthy” organisation. The research emphasizes the importance of transitioning from the traditional focus on employee benefits to one that encompasses job and work design, management, rewards practices, a demonstrated commitment to psychological safety and fairness, and a culture of employee health and listening. The research claims that a people-centric approach to all work is the foundation of every healthy organisation. (more…)

An office reset was what we all needed, and wanted

An office reset was what we all needed, and wanted

The UK's best officePressing the ‘reset’ button is never easy. But I’m a firm believer that, once we do, we become much less averse than we perhaps expected to the change it inevitably brings. This is particularly true of the past eighteen months. From all of the sadness and hardship endured, we are beginning to emerge into a new, changed way of living. One that is both familiar and altogether different. The dichotomy is particularly evident in our workplaces. For many sections of the economy, the office was the ecosystem of our daily working lives. Initial questions of whether the office would survive quickly fell by the wayside, and a more interesting, nuanced, debate of what we want the office to be began. (more…)

CMI calls on the Chancellor to invest in management and leadership or risk ‘levelling up’ failure

CMI calls on the Chancellor to invest in management and leadership or risk ‘levelling up’ failure

managementAhead of the Comprehensive Spending Review on 27th October, the Chartered Management Institute (CMI) is calling on the Government to commit to crucial investment in management and leadership as a central part of its ‘levelling up’ agenda. (more…)

Tech sector looking overseas to fill skills gap as vacancies increase

Tech sector looking overseas to fill skills gap as vacancies increase

techA report from the Digital Economy Council and Tech Nation, the government-backed industry lobby group, claims that the number of tech vacancies is now 42 percent higher than it was before the pandemic, with one in eight jobs in the UK now defined as being in the tech sector. (more…)

UK business leaders to boost investment in employee wellbeing

UK business leaders to boost investment in employee wellbeing

wellbeingAccording to Bupa Global’s Executive Wellbeing Index 2021, UK business leaders are predicted to increase their spend on employee mental health and wellbeing by 18 percent in the coming year, among the highest rates in the world-wide study. (more…)

More hybrid working to bring 3.8 million Brits into employment

More hybrid working to bring 3.8 million Brits into employment

hybrid workingHybrid working could bring nearly four million people “locked out” from work such as parents, carers and disabled people into the workforce and enable part-time workers to work more hours adding £48.3bn to the UK economy each year, according to a new study by Virgin Media O2 Business and the Centre for Economics and Business Research (Cebr). (more…)

Low earners have lost out on job satisfaction to high paid staff

Low earners have lost out on job satisfaction to high paid staff

job satisfactionHuge changes in the world of work over the past 30 years have led to people having a greater attachment to their work, but also rising levels of stress and falling levels of control, which has coincided with low earners losing their ‘job satisfaction premium’ over higher paid colleagues, according to new research from think tank the Resolution Foundation. (more…)